Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:12 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.016%
Price spread now: Aster against Perpl+0.005%54s7-day average +0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.085%−$8 on $10k
Price spread, last 3 days (all we have)−0.329%−$33 · spread now +0.005%, 7d avg +0.016%
Together, before fees−0.414%+ Points / potential airdropPerpl: Active · Aster: Stage 5 · farm board−$41 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl ZEC1,473.80get 0.0000% / 43m25m 39s$84K$405K10x
ShortAster ZECUSDT1,473.90.0100get 0.0100% / 8h7h 46m$15.0M$32.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Perpl. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21
Price spread: +0.005% → +0.016%
−$1.12
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$1.92
Costs to cover
0.218%
Break-even
7.6 days
Slippage unknown: Perpl: no order-book sample; Aster: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Perpl no order-book sample
Sell Aster live order book, 2 min ago0.03 bp6.7 bp −$79.3 bp −$9322.1 bp −$2,206153.7 bp −$76.9K
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3321%1h1,476.2+0.161%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0342%1h1,474.2+0.029%$18.0M$43.3M25xas long as short
Ondo Perps ZEC-USD.P−0.0125%1h1,473.4−0.028%$400K$517K5xas long as short
BloFin ZEC-USDT−0.0103%8h1,474.5+0.046%$29.7M$74.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,474.4+0.041%$6K$2K10xas long as short
Variational Omni ZEC−0.0061%8h1,473.2−0.042%$47.9M$34.4Mas long as short
Bybit ZECUSDT−0.0025%8h1,473.9+0.003%$275.3M$642.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,474.3+0.035%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,474.5+0.045%$960K$5.6M2.2xas long as short
Perpl ZEClong0.0000%43m1,473.8long leg$84K$405K10x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,474.1+0.021%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,473.9+0.008%$294K$1.4M20xas long as short
OKX ZEC-USDT-SWAP+0.0039%8h1,473.9+0.005%$181.9M$1.32B50xas long as short
Phoenix ZEC+0.0054%1h1,474.9+0.073%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,473.8−0.004%$379K100xas long as short
01 Exchange ZECUSD+0.0056%1h1,474.7+0.058%$8K$8K5xas long as short
Popdex ZECUSDT+0.0096%1h1,474.1+0.020%$174K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,474.5+0.045%$13K$835K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,474+0.011%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.7+0.058%$2.6M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,475.6+0.125%$765.4M$459.6M10xas long as short
Aster ZECUSDTshort+0.0100%8h1,473.9+0.005%$15.0M$32.2M75x
Pacifica ZEC+0.0100%1h1,474.6+0.054%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,474.2+0.028%$685.1M$2.42B75xas long as short
Arcus ZEC-USD+0.0100%1h1,475.4+0.109%$691K$8.5M10xas long as short
Gate ZEC_USDT+0.0100%8h1,474.3+0.031%$51.5M$178.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,474.2+0.023%$231.7M$822.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.3+0.031%$105.1M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,474.3+0.030%$163.8M$296.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,474.2+0.023%$101.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,474.1+0.018%$574K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.9+0.073%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,475.3+0.102%$431K$859K50xas long as short
StandX ZEC-USD+0.0100%1h1,473.9+0.003%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,473.1−0.048%$334K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,473.3−0.036%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,472.1−0.115%$459K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,476+0.147%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,473.9+0.007%$243K$4.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,473.1−0.050%$2.5M$22.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,475+0.081%$3.9M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.3+0.036%$897K$28K10xas long as short
Extended ZEC-USD+0.0104%1h1,474.4+0.037%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,473.8+0.002%$82K$190K20xas long as short
Lighter ZEC+0.0120%1h1,475.7+0.130%$19.2M$50.3M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,474.9+0.072%$843K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0247%1h1,474.9+0.074%$615K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,476.5+0.182%$3.8M$10.5M50xas long as short
Backpack ZEC_USDC_PERP+0.0597%1h1,475+0.083%$2.5M$3.8M15xas long as short
Lighter RH ZEC+0.0736%1h1,476.6+0.189%$2.0M$8.0M10xas long as short
Aftermath Perps ZECUSD+0.0782%1h1,474.7+0.059%$44K$48K10xas long as short