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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Bitget against Polymarket Perps+0.080%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$300.296% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 7 days+0.086%+$9 · spread now +0.080%, 7d avg +0.019%
Together, before fees+0.037%+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.062% dearer against Polymarket Perps than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,471.20.0100pay 0.0013% / 1h43m 15s$332K$1.9M10x
ShortBitget ZECUSDT1,472.40.0100get 0.0100% / 8h7h 43m$163.8M$295.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: +0.080% → +0.019%
$6.16
Slippage, 4 orders
−$9.58
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$23.42
Costs to cover
0.296%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; Bitget: 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, 5 min ago2.04 bp8.3 bp −$89.2 bp −$9229.1 bp −$2,909doesn't fit
Sell Bitget live order book, 1 min ago0.03 bp6.5 bp −$79.9 bp −$99doesn'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−0.3321%1h1,474.8+0.244%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0342%1h1,472.7+0.102%$17.9M$43.2M25xas long as short
Ondo Perps ZEC-USD.P−0.0134%1h1,469.9−0.088%$400K$518K5xas long as short
BloFin ZEC-USDT−0.0103%8h1,471.5+0.017%$29.7M$73.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.1+0.063%$6K$2K10xas long as short
Variational Omni ZEC−0.0059%8h1,473.5+0.155%$47.7M$34.4Mas long as short
Bybit ZECUSDT−0.0035%8h1,472.1+0.063%$275.0M$641.9M75xas long as short
dYdX ZEC-USD0.0000%1h1,470.8−0.026%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.1+0.126%$960K$5.4M2.2xas long as short
Perpl ZEC0.0000%43m1,471.9+0.048%$84K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.8+0.105%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,472.5+0.088%$294K$1.4M20xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,472.4+0.078%$182.0M$1.32B50xas long as short
Phoenix ZEC+0.0054%1h1,475.9+0.317%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,472.8+0.109%$378K100xas long as short
01 Exchange ZECUSD+0.0064%1h1,472.4+0.082%$8K$8K5xas long as short
Popdex ZECUSDT+0.0096%1h1,471.6+0.026%$174K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.3+0.010%$60K$39K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,471.5+0.018%$14K$841K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472.7+0.099%$2.6M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473+0.122%$764.4M$459.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.2+0.067%$14.9M$32.1M75xas long as short
Pacifica ZEC+0.0100%1h1,472+0.055%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.5+0.086%$684.2M$2.41B75xas long as short
Arcus ZEC-USD+0.0100%1h1,472.9+0.117%$695K$8.5M10xas long as short
Gate ZEC_USDT+0.0100%8h1,472.2+0.071%$51.5M$178.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.3+0.075%$230.9M$822.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.6+0.094%$105.1M$55.9M75xas long as short
Bitget ZECUSDTshort+0.0100%8h1,472.4+0.080%$163.8M$295.9M75x
BingX ZEC-USDT+0.0100%8h1,472.4+0.080%$100.9Mas long as short
edgeX ZECUSDC+0.0100%4h1,474.6+0.232%$574K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.4+0.149%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,475.9+0.319%$432K$859K50xas long as short
StandX ZEC-USD+0.0100%1h1,473.3+0.141%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,471.2long leg$332K$1.9M10x
Bullet ZEC-USD+0.0100%1h1,472.5+0.089%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.8−0.024%$458K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,474.7+0.241%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.5+0.090%$243K$4.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.7+0.035%$2.5M$21.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.3+0.139%$3.9M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.3+0.213%$897K$28K10xas long as short
Lighter ZEC+0.0104%1h1,474.2+0.205%$19.2M$50.3M20xas long as short
Extended ZEC-USD+0.0104%1h1,472.8+0.111%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.6+0.098%$76K$170K20xas long as short
RISEx ZEC/USDC+0.0228%1h1,472.2+0.065%$841K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0328%1h1,473.8+0.180%$615K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,473.9+0.184%$3.8M$10.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0590%1h1,473.1+0.129%$2.5M$3.8M15xas long as short
Lighter RH ZEC+0.0760%1h1,475.1+0.262%$2.0M$8.0M10xas long as short
Aftermath Perps ZECUSD+0.0777%1h1,474+0.194%$44K$48K10xas long as short