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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.028%
Price spread now: dYdX against Polymarket Perps−0.004%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$950.947% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.263%+$26 on $10k
Price spread, last 4 days (all we have)+0.609%+$61 · spread now −0.004%, 7d avg −0.002%
Together, before fees+0.872%+$87 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.263%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,463.60.0100pay 0.0013% / 1h10m 03s$358K$1.7M10x
ShortdYdX ZEC-USD1,463.50get 0.0000% / 1h10m 03s$407K$37K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: −0.004% → −0.002%
−$0.2
Slippage, 4 orders
−$76.66
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$115.86
Costs to cover
0.947%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; dYdX: live order book, 44 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, 4 min ago2.39 bp6.4 bp −$69.2 bp −$92doesn't fitdoesn't fit
Sell dYdX live order book, 44 min ago35.60 bp40.6 bp −$4146.3 bp −$46386.9 bp −$8,693351.8 bp −$175.9K

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−0.3042%1h1,463−0.039%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,466.3+0.184%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,466.1+0.172%$29.7M$71.0M75xas long as short
dYdX ZEC-USDshort0.0000%1h1,463.5−0.004%$407K$37K5x
Perpl ZEC0.0000%43m1,463.1−0.034%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463.5−0.010%$5.2M150xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0016%1h1,463.9+0.021%$616K$1.3M25xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,463.4−0.012%$292K$903K20xas long as short
Ondo Perps ZEC-USD.P+0.0071%1h1,460.4−0.219%$397K$435K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0088% / S −0.0040%1h1,463.2−0.029%$437K100xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,463.9+0.021%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,464.3+0.046%$14K$801K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,463.7+0.007%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,464.9+0.087%$2.9M$6.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,464.2+0.043%$14.6M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,463.7+0.007%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,464.3+0.050%$674.2M$2.17B75xas long as short
Bybit ZECUSDT+0.0100%8h1,463.1−0.033%$262.1M$587.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,463.6−0.001%$179.1M$1.21B50xas long as short
Bulk ZEC-USD+0.0100%1h1,460.6−0.204%$882K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,463.9+0.018%$52.2M$173.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,463.7+0.009%$220.1M$775.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,463.9+0.019%$103.1M$53.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,464.2+0.042%$166.2M$267.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,463.8+0.010%$106.7Mas long as short
Variational Omni ZEC+0.0100%8h1,464.4+0.056%$48.0M$32.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,461.5−0.141%$569K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.2−0.029%$3.0M$464K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461.4−0.152%$404K$945K50xas long as short
StandX ZEC-USD+0.0100%1h1,465.7+0.140%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,463.6long leg$358K$1.7M10x
Bullet ZEC-USD+0.0100%1h1,463.1−0.034%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,462.4−0.085%$446K$504K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,465.9+0.156%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,463.6−0.003%$234K$3.1M10xas long as short
HTX ZEC-USDT+0.0100%8h1,462.2−0.094%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,463.2−0.026%$3.9M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,463.4−0.016%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,463.2−0.026%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,462.7−0.062%$4.7M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,464.6+0.066%$8K$7K5xas long as short
Lighter RH ZEC+0.0128%1h1,465.2+0.111%$2.1M$7.0M10xas long as short
Hyperliquid ZEC+0.0146%1h1,465.1+0.102%$763.4M$424.9M10xas long as short
Lighter ZEC+0.0168%1h1,465.1+0.103%$19.4M$45.4M20xas long as short
Kalshi KXZECPERP+0.0179%8h1,464.8+0.084%$1.5M$4.4M2.2xas long as short
RISEx ZEC/USDC+0.0216%1h1,464.2+0.044%$926K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0299%1h1,464+0.029%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0331%1h1,463.4−0.016%$18.0M$45.4M25xas long as short
Arcus ZEC-USD+0.0344%1h1,465.3+0.115%$676K$8.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,468.4+0.325%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0684%1h1,462.7−0.061%$45K$49K10xas long as short