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 +0.034%
Price spread now: StandX against Perpl−0.109%7-day average +0.064% · 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+0.194%+$19 on $10k
Price spread, last 3 days (all we have)−0.062%−$6 · spread now −0.109%, 7d avg +0.064%
Together, before fees+0.132%+ Points / potential airdropPerpl: Active · StandX: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. StandX is 0.173% cheaper against Perpl than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of +0.064%). If the spread goes back, that is −$17 on $10k: about 5.8 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl ZEC1,466.90get 0.0000% / 43m36m 46s$83K$405K10x
ShortStandX ZEC-USD1,465.30.0100get 0.0013% / 1h14m 46s$80K$4.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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: −0.109% → +0.064%
−$17.33
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$18.13
Costs to cover
0.218%
Break-even
13.0 days
Slippage unknown: Perpl: no order-book sample; StandX: live order book, 4 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 StandX live order book, 4 min ago5.12 bp9.7 bp −$1013.6 bp −$136doesn't fitdoesn'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 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%1h1,465.9−0.065%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,467.7+0.051%$17.8M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0118%1h1,463.3−0.245%$398K$516K5xas long as short
BloFin ZEC-USDT−0.0114%8h1,467.7+0.053%$29.7M$72.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,466.5−0.029%$6K$2K10xas long as short
Variational Omni ZEC−0.0030%8h1,464.9−0.134%$47.5M$33.8Mas long as short
dYdX ZEC-USD0.0000%1h1,465.9−0.069%$413K$103K5xas long as short
01 Exchange ZECUSD0.0000%1h1,467.4+0.034%$8K$9K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.8+0.130%$959K$5.2M2.2xas long as short
Perpl ZEClong0.0000%43m1,466.9long leg$83K$405K10x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467+0.005%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0018%8h1,467.3+0.025%$293K$1.1M20xas long as short
Phoenix ZEC+0.0054%1h1,465.8−0.076%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0010%1h1,467.1+0.013%$377K100xas long as short
OKX ZEC-USDT-SWAP+0.0058%8h1,467.8+0.059%$181.5M$1.30B50xas long as short
Bybit ZECUSDT+0.0084%8h1,467.7+0.054%$273.3M$633.2M75xas long as short
Popdex ZECUSDT+0.0096%1h1,467.8+0.058%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,467.2+0.018%$15K$845K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.5−0.025%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.7+0.052%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469+0.143%$762.6M$453.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,467.7+0.052%$14.9M$31.5M75xas long as short
Pacifica ZEC+0.0100%1h1,466.4−0.032%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,468+0.075%$683.1M$2.37B75xas long as short
Arcus ZEC-USD+0.0100%1h1,468.5+0.109%$705K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,465.9−0.070%$892K$22K10xas long as short
Gate ZEC_USDT+0.0100%8h1,467.6+0.048%$50.2M$181.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.9+0.066%$227.9M$828.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.8+0.060%$104.2M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.8+0.061%$163.3M$291.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,466.6−0.020%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,464.1−0.192%$570K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,465.9−0.071%$3.0M$447K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,463.4−0.242%$426K$874K50xas long as short
StandX ZEC-USDshort+0.0100%1h1,465.3−0.109%$80K$4.7M30x
Polymarket Perps ZEC-USD+0.0100%1h1,467.1+0.014%$339K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.9+0.002%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.5−0.098%$457K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,468.4+0.100%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.5+0.040%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.9+0.002%$2.5M$20.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.9+0.070%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,468+0.073%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.2+0.020%$54K$164K20xas long as short
RISEx ZEC/USDC+0.0228%1h1,468.3+0.094%$852K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0232%1h1,468.3+0.096%$604K$1.3M25xas long as short
Lighter ZEC+0.0232%1h1,469.2+0.160%$19.1M$50.5M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,469.2+0.159%$3.7M$9.6M50xas long as short
Backpack ZEC_USDC_PERP+0.0513%1h1,468.6+0.117%$2.5M$3.9M15xas long as short
Lighter RH ZEC+0.0744%1h1,470.1+0.221%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0771%1h1,468+0.076%$43K$46K10xas long as short