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+0.0177%/8h= +19.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.031%
Price spread now: Arcus against Polymarket Perps+0.195%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$270.273% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.064%+$6 on $10k
Price spread, last 7 days−0.008%−$1 · spread now +0.195%, 7d avg +0.061%
Together, before fees+0.056%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Arcus is 0.134% dearer against Polymarket Perps than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,4590.0100pay 0.0013% / 1h42m 47s$339K$1.8M10x
ShortArcus ZEC-USD1,461.80.0277get 0.0035% / 1h42m 47s$705K$8.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Polymarket Perps. 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
$37.19
Price spread: +0.195% → +0.061%
$13.41
Slippage, 4 orders
−$14.85
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$23.26
Costs to cover
0.273%
Break-even
2.6 days
Slippage from Polymarket Perps: live order book, 1 min ago; Arcus: live order book, 1 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 Polymarket Perps live order book, 1 min ago3.77 bp7.8 bp −$811.2 bp −$112doesn't fitdoesn't fit
Sell Arcus live order book, 1 min ago1.02 bp4.4 bp −$416.3 bp −$163doesn'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−0.3244%1h1,462+0.202%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,461.5+0.173%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0078%8h1,459.5+0.034%$29.6M$71.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,460.8+0.124%$411K$46K5xas long as short
Kalshi KXZECPERP0.0000%8h1,460.6+0.109%$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%1h1,459.6+0.041%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0037%8h1,459.8+0.056%$292K$977K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0009%1h1,459.8+0.056%$378K100xas long as short
Ondo Perps ZEC-USD.P+0.0064%1h1,459.8+0.055%$396K$433K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0074%1h1,459.6+0.041%$4.6M$1.4M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0084%1h1,460.7+0.115%$608K$1.3M25xas long as short
Popdex ZECUSDT+0.0096%1h1,459.4+0.030%$173K$1.8M50xas long as short
Variational Omni ZEC+0.0098%8h1,459.8+0.058%$47.4M$31.8Mas long as short
Katana Perps ZEC-USD+0.0100%8h1,459.8+0.058%$19K$835K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,459.9+0.065%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,459.4+0.027%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,460.3+0.089%$760.9M$433.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,459.2+0.011%$14.4M$28.8M75xas long as short
Pacifica ZEC+0.0100%1h1,460.7+0.118%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,459.3+0.023%$672.7M$2.25B75xas long as short
Bybit ZECUSDT+0.0100%8h1,459.1+0.008%$269.6M$606.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,459.5+0.034%$179.8M$1.23B50xas long as short
Bulk ZEC-USD+0.0100%1h1,458.7−0.024%$886K$16K10xas long as short
Gate ZEC_USDT+0.0100%8h1,459−0.003%$49.9M$170.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,459.1+0.008%$215.1M$770.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,459.3+0.023%$102.6M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,459.2+0.016%$161.9M$275.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,459.6+0.042%$97.0Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,460+0.071%$2.4M$3.8M15xas long as short
edgeX ZECUSDC+0.0100%4h1,461.5+0.174%$569K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.3+0.022%$3.0M$418K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461.5+0.171%$421K$883K50xas long as short
StandX ZEC-USD+0.0100%1h1,460.8+0.123%$70K$4.7M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,459long leg$339K$1.8M10x
Bullet ZEC-USD+0.0100%1h1,459.3+0.019%$126K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,458.7−0.019%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,461.6+0.175%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,460.2+0.079%$241K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,458.3−0.045%$2.6M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,459.9+0.061%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,459−0.003%$2.8M$7.7M10xas long as short
01 Exchange ZECUSD+0.0104%1h1,460+0.065%$8K$7K5xas long as short
Aevo ZEC-PERP+0.0104%1h1,459.8+0.057%$48K$155K20xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,460+0.072%$18.0M$43.7M25xas long as short
Lighter ZEC+0.0208%1h1,461.1+0.145%$19.1M$45.9M20xas long as short
Arcus ZEC-USDshort+0.0277%1h1,461.8+0.195%$705K$8.5M10x
Lighter RH ZEC+0.0328%1h1,461.1+0.141%$2.1M$6.8M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,459.7+0.046%$834K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,461.5+0.171%$3.6M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0716%1h1,462.1+0.212%$43K$46K10xas long as short