Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%

Price spread now: edgeX against Polymarket Perps+0.005%64s7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs+$10as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$220.224% of the position

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.324%+$32 on $10k

Price spread, last 7 days+0.019%+$2 · spread now +0.005%, 7d avg −0.043%

Together, before fees+0.342%+ Points / potential airdropedgeX: Active · farm board+$34 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: edgeX is 0.048% dearer against Polymarket Perps than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.043%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ZEC-USD	1,503.7	0.0100	pay 0.0013% / 1h	58m 07s	$371K	$1.6M	10x
Short	edgeX ZECUSDC	1,503.8	0.0100	get 0.0050% / 4h	1h 58m	$549K	$8.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee edgeXbpOrdersPrice spread, now +0.005%Rate

Funding earned: $0
Price spread: +0.005% → −0.043%: $4.79
Slippage, 4 orders: −$5.37
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$17.58
Costs to cover: 0.224%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 4 min ago; edgeX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps live order book, 4 min ago	2.00 bp	6.0 bp −$6	11.2 bp −$112	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	0.37 bp	4.9 bp −$5	9.1 bp −$91	doesn't fit	doesn't fit

ZEC on 50 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.4130%	1h	1,480	−1.577%	$36K	$267K	12x	as long as short
Ondo Perps ZEC-USD.P	−0.0211%	1h	1,504.1	+0.027%	$408K	$499K	5x	as long as short
BloFin ZEC-USDT	−0.0190%	8h	1,505	+0.083%	$31.9M	$73.6M	75x	as long as short
Aftermath Perps ZECUSD	−0.0098%	1h	1,504	+0.020%	$46K	$58K	10x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,503.6	−0.007%	$6K	$1K	10x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,505.2	+0.099%	$1.5M	$4.9M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,503.5	−0.013%	$63K	$300K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,503.8	+0.008%	$5.4M	—	150x	as long as short
01 Exchange ZECUSD	+0.0024%	1h	1,504.3	+0.037%	$8K	$6K	5x	as long as short
RISEx ZEC/USDC	+0.0032%	1h	1,504.1	+0.026%	$909K	$1.3M	10x	as long as short

Show all 50 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZEC_USDC	+0.0072%	8h	1,503.2	−0.036%	$303K	$856K	20x	as long as short
Lighter ZEC	+0.0096%	1h	1,506	+0.154%	$20.0M	$38.9M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,506.3	+0.175%	$2.0M	$7.0M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,503.9	+0.013%	$170K	$1.5M	50x	as long as short
Kraken Futures PF_ZECUSD	+0.0099%	1h	1,504.8	+0.073%	$18.5M	$46.2M	25x	as long as short
Aster ZECUSDT	+0.0099%	8h	1,504.6	+0.057%	$14.1M	$26.9M	75x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,504.1	+0.024%	$62K	$14K	10x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,503.3	−0.029%	$25K	$880K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,504.6	+0.062%	$3.1M	$7.1M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,506.1	+0.160%	$790.1M	$431.6M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,505.6	+0.127%	$1.7M	$1.9M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,504.9	+0.082%	$708.2M	$2.20B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,505.1	+0.093%	$276.3M	$589.8M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,505.2	+0.098%	$185.8M	$1.31B	50x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,505	+0.087%	$592K	$8.4M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,504.2	+0.030%	$780K	$158K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,505.4	+0.113%	$62.9M	$170.8M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,504.9	+0.082%	$178.0M	$821.7M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,505.3	+0.106%	$105.5M	$53.5M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,505.4	+0.113%	$164.3M	$280.4M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,504.2	+0.036%	—	$6.6M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,505.3	+0.104%	$2.2M	$3.7M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,503.5	−0.015%	$49.4M	$34.2M	—	as long as short
edgeX ZECUSDCshort	+0.0100%	4h	1,503.8	+0.005%	$549K	$8.7M	20x
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,503.7	−0.002%	$3.1M	$586K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,504.4	+0.045%	$411K	$948K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,505.1	+0.094%	$112K	$4.5M	30x	as long as short
Polymarket Perps ZEC-USDlong	+0.0100%	1h	1,503.7	long leg	$371K	$1.6M	10x
Bullet ZEC-USD	+0.0100%	1h	1,503.7	−0.001%	$167K	$188K	20x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,505.8	+0.138%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,503.6	−0.004%	$257K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,503.9	+0.015%	$2.7M	$20.5M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,504.9	+0.080%	$4.0M	$4.8M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,503.6	−0.005%	$2.7M	$7.1M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,503.8	+0.004%	$37K	$163K	20x	as long as short
Phoenix ZEC	+0.0139%	1h	1,503.9	+0.010%	$4.8M	$1.3M	10x	as long as short
dYdX ZEC-USD	+0.0144%	1h	1,504.1	+0.026%	$414K	$37K	5x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0160%	1h	1,504.3	+0.041%	$685K	$1.3M	25x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0184% / S −0.0195%	1h	1,504.4	+0.045%	$350K	—	100x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0352%	1h	1,505.8	+0.142%	$3.9M	$9.5M	50x	as long as short