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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:20 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.042%
Price spread now: SunX against Perpl−0.006%7-day average +0.160% · 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+0.217%+$22 on $10k
Price spread, last 3 days (all we have)+0.407%+$41 · spread now −0.006%, 7d avg +0.160%
Together, before fees+0.624%+ Points / potential airdropPerpl: Active · farm board+$62 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.166% cheaper against Perpl than usual: you would sell low and buy high (spread −0.006% now, against its 7-day average of +0.160%). If the spread goes back, that is −$17 on $10k: about 5.5 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl ZEC1,4480get 0.0000% / 43m20m 49s$82K$401K10x
ShortSunX ZEC-USDT1,447.90.0100get 0.0100% / 8h2h 33m$3K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.006% → +0.160%
−$16.58
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$17.38
Costs to cover
0.218%
Break-even
12.8 days
Slippage unknown: Perpl: no order-book sample; SunX: live order book, 10 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 SunX live order book, 10 min ago29.05 bp68.4 bp −$68doesn't fitdoesn'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−0.3476%1h1,438.5−0.655%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,448.8+0.057%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,446.3−0.117%$17.6M$44.3M25xas long as short
BloFin ZEC-USDT−0.0066%8h1,450+0.140%$28.8M$74.7M75xas long as short
Variational Omni ZEC−0.0009%8h1,449.1+0.076%$45.6M$32.2Mas long as short
dYdX ZEC-USD0.0000%1h1,445.1−0.198%$407K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,448.6+0.039%$905K$5.6M2.2xas long as short
Perpl ZEClong0.0000%43m1,448long leg$82K$401K10x
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,446.7−0.088%$589K$1.3M25xas long as short
Bybit ZECUSDT+0.0005%8h1,444.8−0.224%$266.5M$676.1M75xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,447.8−0.015%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,446.5−0.106%$290K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0030% / S +0.0070%1h1,447.6−0.031%$542K100xas long as short
OKX ZEC-USDT-SWAP+0.0054%8h1,445.5−0.176%$170.9M$1.35B50xas long as short
Gate ZEC_USDT+0.0070%8h1,444.3−0.257%$49.4M$187.4M75xas long as short
Aster ZECUSDT+0.0076%8h1,445.2−0.191%$15.2M$34.7M75xas long as short
01 Exchange ZECUSD+0.0080%1h1,448.5+0.036%$8K$8K5xas long as short
Ondo Perps ZEC-USD.P+0.0093%1h1,448.2+0.014%$394K$518K5xas long as short
Katana Perps ZEC-USD+0.0095%8h1,448.1+0.007%$13K$871K10xas long as short
Lighter ZEC+0.0096%1h1,446.5−0.106%$18.7M$54.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,447.9−0.005%$177K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,446−0.139%$59K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,448.7+0.046%$3.0M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,445−0.207%$747.3M$492.8M10xas long as short
Pacifica ZEC+0.0100%1h1,445.5−0.175%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,445.2−0.192%$657.7M$2.53B75xas long as short
Bulk ZEC-USD+0.0100%1h1,452.5+0.311%$895K$33K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,445.2−0.191%$214.5M$890.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,444.5−0.239%$103.1M$56.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,444.5−0.242%$160.1M$313.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,444.5−0.244%$105.5Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,445.9−0.142%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,450.9+0.201%$487K$9.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,450.3+0.156%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,451.4+0.235%$706K$607K50xas long as short
StandX ZEC-USD+0.0100%1h1,450.2+0.153%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,447.6−0.028%$297K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,447.5−0.035%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,445.1−0.203%$439K$493K6.7xas long as short
SunX ZEC-USDTshort+0.0100%8h1,447.9−0.006%$3K$1.3M20x
SoDEX ZEC-USD+0.0100%1h1,446.7−0.093%$220K$4.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,446.2−0.127%$2.4M$24.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,446.1−0.131%$3.7M$5.3M50xas long as short
Phoenix ZEC+0.0103%1h1,452.3+0.299%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,444.7−0.231%$3.2M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,446.3−0.116%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,448.8+0.057%$865K$1.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,448.6+0.041%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0444%1h1,451.1+0.216%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,450.6+0.177%$756K$7.9M10xas long as short
Lighter RH ZEC+0.0696%1h1,446.9−0.074%$1.9M$8.4M10xas long as short