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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Phemex0.000%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$420.418% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.268%−$27 on $10k
Price spread, last 3 days (all we have)−0.639%−$64 · spread now 0.000%, 7d avg −0.019%
Together, before fees−0.908%+ Points / potential airdropPacifica: Active · farm board−$91 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ZECUSDT1,451.60.0100pay 0.0100% / 8h2h 45m$3.7M$5.4M50x
ShortPacifica ZEC1,451.60.0100get 0.0013% / 1h45m 06s$1.6M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0
Price spread: 0.000% → −0.019%
$1.85
Slippage, 4 orders
−$21.85
Fee Phemex: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$39.99
Costs to cover
0.418%
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; Pacifica: live order book, 4 min ago.

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, 4 min ago1.75 bp10.9 bp −$1127.9 bp −$279doesn't fitdoesn't fit
Sell Pacifica live order book, 4 min ago1.07 bp6.6 bp −$7doesn't fitdoesn't fitdoesn't fit

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%1h1,437.8−0.951%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,451.9+0.017%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,451.8+0.015%$17.6M$44.3M25xas long as short
BloFin ZEC-USDT−0.0066%8h1,451.8+0.015%$28.9M$74.9M75xas long as short
Variational Omni ZEC−0.0019%8h1,451.4−0.016%$45.7M$32.0Mas long as short
Bybit ZECUSDT−0.0008%8h1,451−0.044%$268.7M$675.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.8+0.014%$409K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,451.9+0.022%$845K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,451.3−0.023%$82K$401K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,451.9+0.017%$5.1M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0010%8h1,452.6+0.067%$291K$1.5M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0025%1h1,453.2+0.110%$566K$1.3M25xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0036% / S +0.0066%1h1,451.7+0.004%$543K100xas long as short
OKX ZEC-USDT-SWAP+0.0043%8h1,451.7+0.004%$171.7M$1.36B50xas long as short
Aster ZECUSDT+0.0061%8h1,451.9+0.017%$15.3M$35.1M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,451.6+0.001%$8K$8K5xas long as short
Gate ZEC_USDT+0.0065%8h1,451.6−0.002%$49.1M$185.7M75xas long as short
Ondo Perps ZEC-USD.P+0.0082%1h1,452.8+0.082%$394K$518K5xas long as short
Katana Perps ZEC-USD+0.0095%8h1,452+0.027%$17K$878K10xas long as short
Lighter ZEC+0.0096%1h1,452.9+0.088%$18.7M$53.9M20xas long as short
Popdex ZECUSDT+0.0096%1h1,451.5−0.009%$177K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,451.6−0.003%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,451.8+0.010%$3.0M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,452.4+0.054%$751.0M$495.1M10xas long as short
Pacifica ZECshort+0.0100%1h1,451.60.000%$1.6M$3.1M10x
Binance ZECUSDT+0.0100%8h1,451.8+0.014%$658.3M$2.53B75xas long as short
Bulk ZEC-USD+0.0100%1h1,455+0.231%$896K$37K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,451.9+0.017%$218.8M$883.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,452.1+0.034%$103.6M$56.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,451.7+0.008%$161.7M$314.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,451−0.045%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,452.4+0.054%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,453.5+0.133%$487K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,452.3+0.047%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,452.2+0.043%$706K$606K50xas long as short
StandX ZEC-USD+0.0100%1h1,452.4+0.054%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451.2−0.028%$298K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,451.6−0.001%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451.3−0.023%$441K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,454.4+0.189%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.1+0.030%$219K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,452.5+0.061%$2.4M$24.9M75xas long as short
Phemex ZECUSDTlong+0.0100%8h1,451.6long leg$3.7M$5.4M50x
Phoenix ZEC+0.0103%1h1,452.8+0.085%$4.6M$1.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,452.7+0.075%$36K$362K20xas long as short
Extended ZEC-USD+0.0192%1h1,452.6+0.067%$3.3M$7.0M10xas long as short
RISEx ZEC/USDC+0.0219%1h1,452.1+0.032%$862K$2.5M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,454.1+0.172%$3.7M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0451%1h1,453.2+0.110%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,454.1+0.174%$754K$7.8M10xas long as short
Lighter RH ZEC+0.0728%1h1,454.1+0.168%$1.9M$8.4M10xas long as short