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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0616%/8h= +67.4% APRpaid last 24h +0.151%
Price spread now: Aftermath Perps against Phemex+0.141%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Aftermath Perps is 0.141% dearer against Phemex than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ZECUSDT1,459.50.0100pay 0.0100% / 8h5h 41m$3.8M$5.1M50x
ShortAftermath Perps ZECUSD1,461.60.0716get 0.0089% / 1h41m 36s$43K$46K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Phemex. 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
$129.34
Price spread: +0.141% → 0.000%
$14.06
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$122.4
Costs to cover
0.210%
Break-even
0.4 days
Slippage unknown: Phemex: live order book, 2 min ago; Aftermath Perps: no order-book sample. 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 Phemex live order book, 2 min ago0.51 bp12.8 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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−0.3244%1h1,462+0.166%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,458−0.105%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0078%8h1,459.5−0.003%$29.6M$71.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,457.4−0.143%$410K$45K5xas long as short
Kalshi KXZECPERP0.0000%8h1,459.6+0.006%$963K$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,459.3−0.018%$83K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,459.4−0.010%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0038%8h1,459.5+0.001%$292K$977K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0009%1h1,459.2−0.023%$378K100xas long as short
Ondo Perps ZEC-USD.P+0.0059%1h1,459−0.036%$396K$433K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0074%1h1,459.6+0.005%$4.6M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,456.7−0.191%$173K$1.8M50xas long as short
Variational Omni ZEC+0.0098%8h1,459.8+0.021%$47.4M$31.8Mas long as short
Katana Perps ZEC-USD+0.0100%8h1,457.2−0.157%$18K$835K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457−0.175%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.3−0.155%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458−0.105%$759.9M$433.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,456.7−0.196%$14.4M$28.8M75xas long as short
Pacifica ZEC+0.0100%1h1,457.3−0.153%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.2−0.157%$669.0M$2.25B75xas long as short
Bybit ZECUSDT+0.0100%8h1,456.9−0.181%$268.9M$607.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,457.1−0.164%$179.6M$1.23B50xas long as short
Bulk ZEC-USD+0.0100%1h1,458.7−0.060%$886K$16K10xas long as short
Gate ZEC_USDT+0.0100%8h1,456.8−0.188%$50.0M$170.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.9−0.184%$215.3M$771.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.2−0.158%$102.4M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457.1−0.168%$161.6M$275.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,457.1−0.167%$97.0Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,459.4−0.012%$2.4M$3.8M15xas long as short
edgeX ZECUSDC+0.0100%4h1,459.6+0.005%$568K$8.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.3−0.018%$3.0M$418K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458.9−0.047%$420K$883K50xas long as short
StandX ZEC-USD+0.0100%1h1,459.5−0.004%$70K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,458.6−0.064%$324K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,459.1−0.031%$126K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,458.4−0.074%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,462+0.172%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,459.3−0.018%$240K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,458.3−0.084%$2.6M$18.3M75xas long as short
Phemex ZECUSDTlong+0.0100%8h1,459.5long leg$3.8M$5.1M50x
Extended ZEC-USD+0.0104%1h1,456.8−0.187%$2.8M$7.7M10xas long as short
01 Exchange ZECUSD+0.0104%1h1,457.2−0.161%$8K$7K5xas long as short
Aevo ZEC-PERP+0.0104%1h1,458.9−0.046%$48K$155K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0105%1h1,460.2+0.048%$608K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,459.2−0.023%$18.0M$43.7M25xas long as short
Lighter ZEC+0.0208%1h1,458.3−0.083%$19.1M$46.0M20xas long as short
Arcus ZEC-USD+0.0277%1h1,459.4−0.011%$716K$8.5M10xas long as short
Lighter RH ZEC+0.0328%1h1,458.8−0.049%$2.0M$6.8M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,457.4−0.147%$827K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,461.3+0.121%$3.6M$9.0M50xas long as short
Aftermath Perps ZECUSDshort+0.0716%1h1,461.6+0.141%$43K$46K10x