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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%
Price spread now: GRVT against Polymarket Perps+0.011%63s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$230.228% 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 7 days+0.200%+$20 · spread now +0.011%, 7d avg +0.024%
Together, before fees+0.468%+ Points / potential airdropGRVT: Active · farm board+$47 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,4700.0100pay 0.0013% / 1h28m 10s$344K$1.8M10x
ShortGRVT ZEC_USDT_Perp1,470.20.0100get 0.0100% / 8h28m 10s$3.0M$454K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.011% → +0.024%
−$1.25
Slippage, 4 orders
−$5.85
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$24.1
Costs to cover
0.228%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 6 min ago; GRVT: live order book, 6 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, 6 min ago1.36 bp5.4 bp −$58.3 bp −$8328.9 bp −$2,889doesn't fit
Sell GRVT live order book, 6 min ago1.50 bp6.1 bp −$68.1 bp −$81doesn'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−0.3089%1h1,472.5+0.167%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0257%1h1,468.3−0.116%$399K$515K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,470−0.003%$17.9M$44.3M25xas long as short
Bybit ZECUSDT−0.0112%8h1,468.7−0.088%$274.7M$654.3M75xas long as short
BloFin ZEC-USDT−0.0102%8h1,470.6+0.039%$29.6M$75.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.7+0.045%$6K$2K10xas long as short
Variational Omni ZEC−0.0057%8h1,468.8−0.082%$46.8M$33.8Mas long as short
ApeX Omni ZECUSDT−0.0045%1h1,470.3+0.023%$431K$841K50xas long as short
dYdX ZEC-USD0.0000%1h1,471+0.070%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,472.1+0.141%$903K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,470.1+0.008%$84K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,470.3+0.018%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0012%8h1,470.1+0.010%$294K$1.4M20xas long as short
01 Exchange ZECUSD+0.0016%1h1,470.4+0.027%$8K$8K5xas long as short
Phoenix ZEC+0.0024%1h1,470.8+0.054%$4.6M$1.6M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0026%1h1,470.8+0.051%$613K$1.3M25xas long as short
OKX ZEC-USDT-SWAP+0.0037%8h1,469.2−0.056%$180.6M$1.34B50xas long as short
Gate ZEC_USDT+0.0046%8h1,470+0.003%$50.8M$186.5M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,470.2+0.016%$371K100xas long as short
Lighter ZEC+0.0096%1h1,471+0.070%$19.1M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,470.1+0.010%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,469.4−0.041%$13K$836K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470.2+0.016%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470.6+0.044%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,470.8+0.054%$762.6M$474.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.8−0.011%$15.0M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,470.9+0.060%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.5−0.034%$683.2M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,472.2+0.153%$720K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,469.8−0.017%$894K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,470+0.001%$232.0M$838.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,470.2+0.015%$103.5M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,4700.000%$162.8M$301.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,469.8−0.016%$102.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.1+0.007%$513K$9.2M20xas long as short
GRVT ZEC_USDT_Perpshort+0.0100%8h1,470.2+0.011%$3.0M$454K10x
StandX ZEC-USD+0.0100%1h1,471.2+0.082%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,470long leg$344K$1.8M10x
Bullet ZEC-USD+0.0100%1h1,469.9−0.010%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.5−0.104%$448K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.4+0.161%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.7−0.019%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,469−0.068%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.2+0.010%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,470.3+0.017%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,470.1+0.010%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,470.9+0.062%$825K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0418%1h1,471.5+0.101%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,473.5+0.239%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0472%1h1,471.7+0.117%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0712%1h1,471.6+0.111%$46K$47K10xas long as short