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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:07 UTC+0.0547%/8h= +59.8% APRpaid last 24h +0.032%
Price spread now: HTX against Perpl−0.024%71s7-day average +0.029% · you buy dearer than you sell
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 7 days−0.182%−$18 on $10k
Price spread, last 4 days (all we have)+1.345%+$134 · spread now −0.024%, 7d avg +0.029%
Together, before fees+1.163%+ Points / potential airdropPerpl: Active · farm board+$116 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.053% cheaper against Perpl than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.029%). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$16 a day). Mind the row above: over the last 7 days funding on this pair cost −0.182%, so the current rate has only just turned in your favour. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.182% in total (about -9.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl ZEC1,508.4−0.0447get 0.0040% / 43m29m 08s$62K$308K10x
ShortHTX ZEC-USDT1,5080.0100get 0.0100% / 8h7h 14m$2.7M$20.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$114.77
Price spread: −0.024% → +0.029%
−$5.28
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee HTX: 6 bp × 2 orders
−$12
Net
$83.69
Costs to cover
0.258%
Break-even
1.9 days
Slippage unknown: Perpl: no order-book sample; HTX: live order book, 5 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 HTX live order book, 5 min ago2.65 bp8.7 bp −$917.2 bp −$17241.9 bp −$4,194doesn't fit
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 50 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−0.3702%1h1,488.8−1.295%$36K$275K12xas long as short
Perpl ZEClong−0.0447%43m1,508.4long leg$62K$308K10x
Aftermath Perps ZECUSD−0.0249%1h1,506.9−0.097%$48K$58K10xas long as short
BloFin ZEC-USDT−0.0166%8h1,509.1+0.046%$31.7M$76.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,507.4−0.063%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,508.2−0.013%$416K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,508.9+0.036%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,507.3−0.070%$5.4M150xas long as short
Kraken Futures PF_ZECUSD+0.0019%1h1,507.7−0.044%$18.4M$47.5M25xas long as short
01 Exchange ZECUSD+0.0024%1h1,509.2+0.056%$8K$6K5xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0082%1h1,506.9−0.100%$4.8M$1.4M10xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,506.9−0.097%$304K$860K20xas long as short
Gate ZEC_USDT+0.0095%8h1,506.8−0.102%$61.0M$188.1M75xas long as short
Lighter ZEC+0.0096%1h1,508.6+0.012%$19.7M$45.7M20xas long as short
Lighter RH ZEC+0.0096%1h1,508.4−0.001%$2.1M$7.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,509.1+0.050%$177K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,508.4+0.003%$62K$16K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,509.1+0.048%$16K$877K10xas long as short
Nado ZEC-PERP+0.0100%1h1,508.2−0.012%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,507.7−0.045%$791.6M$447.3M10xas long as short
Aster ZECUSDT+0.0100%8h1,506.7−0.110%$14.1M$29.9M75xas long as short
Pacifica ZEC+0.0100%1h1,509+0.043%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,507.3−0.074%$712.0M$2.29B75xas long as short
Bybit ZECUSDT+0.0100%8h1,506.7−0.111%$273.8M$611.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,507.1−0.088%$185.9M$1.36B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,503−0.356%$409K$545K5xas long as short
Arcus ZEC-USD+0.0100%1h1,509.4+0.069%$596K$8.8M10xas long as short
Bulk ZEC-USD+0.0100%1h1,508.1−0.018%$776K$147K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,507.4−0.066%$406.8M$843.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,507.4−0.066%$103.1M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,506.6−0.117%$163.4M$291.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,507.2−0.080%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,506.2−0.144%$49.8M$35.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,505.7−0.177%$550K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,506.7−0.114%$3.1M$549K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,506−0.158%$414K$953K50xas long as short
StandX ZEC-USD+0.0100%1h1,509.7+0.088%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,509.1+0.048%$375K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,507.7−0.042%$168K$190K20xas long as short
SunX ZEC-USDT+0.0100%8h1,510.8+0.162%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,507.4−0.064%$258K$3.6M10xas long as short
HTX ZEC-USDTshort+0.0100%8h1,508−0.024%$2.7M$20.7M75x
Phemex ZECUSDT+0.0100%8h1,507.6−0.054%$4.0M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,507.6−0.051%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,507.2−0.076%$43K$157K20xas long as short
Backpack ZEC_USDC_PERP+0.0144%1h1,507.5−0.061%$2.4M$3.7M15xas long as short
RISEx ZEC/USDC+0.0157%1h1,509.6+0.085%$969K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0164% / S −0.0171%1h1,506.9−0.099%$335K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0258%1h1,508−0.022%$690K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,512.3+0.260%$3.8M$9.9M50xas long as short