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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0180%/8h= −19.7% APRnext payment $0.23 per $10,000 · paid last 24h −0.052%
Price spread now: Hotstuff against Polymarket Perps−0.026%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.026% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,477.40.0100pay 0.0013% / 1h31m 13s$340K$1.8M10x
ShortHotstuff ZEC-PERP1,477−0.0080pay 0.0010% / 1h31m 13s$6K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$37.8
Price spread: −0.026% → 0.000%
−$2.64
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$53.44
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 2 min ago; Hotstuff: no order-book sample. Net counts fees only.

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, 2 min ago1.70 bp6.4 bp −$69.6 bp −$96doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZEC on 50 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−0.3678%1h1,473.5−0.267%$34K$274K12xas long as short
Hotstuff ZEC-PERPshort−0.0080%1h1,477−0.026%$6K$1K10x
Ondo Perps ZEC-USD.P−0.0012%1h1,471.7−0.386%$400K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,477−0.030%$18.1M$43.6M25xas long as short
dYdX ZEC-USD0.0000%1h1,476.3−0.073%$416K$55K5xas long as short
Kalshi KXZECPERP0.0000%8h1,477.8+0.026%$977K$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,477.3−0.005%$84K$258K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,476.9−0.035%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0027%8h1,476.8−0.041%$295K$1.1M20xas long as short
Variational Omni ZEC+0.0040%8h1,476.4−0.069%$48.0M$33.0Mas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,476.8−0.042%$386K100xas long as short
01 Exchange ZECUSD+0.0064%1h1,478.2+0.053%$8K$9K5xas long as short
Phoenix ZEC+0.0070%1h1,474.3−0.210%$4.7M$1.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0095%8h1,477.3−0.006%$181.6M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,477.5+0.007%$174K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,477.1−0.020%$16K$840K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,476.4−0.068%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,477.7+0.023%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,478.6+0.081%$769.7M$444.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,477.8+0.029%$14.9M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,476.9−0.037%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,477.5+0.009%$682.5M$2.34B75xas long as short
Bybit ZECUSDT+0.0100%8h1,477.3−0.009%$272.5M$622.3M75xas long as short
Bulk ZEC-USD+0.0100%1h1,470.5−0.468%$893K$19K10xas long as short
Gate ZEC_USDT+0.0100%8h1,476.9−0.032%$50.1M$175.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,477.5+0.005%$217.9M$798.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,477.5+0.005%$103.9M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,477−0.030%$164.1M$284.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,477−0.026%$101.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.3−0.416%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473−0.298%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,471.9−0.374%$428K$907K50xas long as short
StandX ZEC-USD+0.0100%1h1,476.4−0.068%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,477.4long leg$340K$1.8M10x
Bullet ZEC-USD+0.0100%1h1,477.1−0.022%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,475.3−0.140%$459K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,479.9+0.167%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,476.8−0.039%$243K$3.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,476.2−0.083%$2.6M$19.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,477.2−0.012%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,476.6−0.057%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,476.9−0.032%$48K$167K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0243%1h1,477.6+0.014%$615K$1.3M25xas long as short
Arcus ZEC-USD+0.0254%1h1,478.2+0.057%$682K$8.7M10xas long as short
Lighter ZEC+0.0264%1h1,478.9+0.103%$19.3M$48.1M20xas long as short
Lighter RH ZEC+0.0296%1h1,479+0.106%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,478.1+0.050%$868K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,478.9+0.100%$3.7M$9.6M50xas long as short
Backpack ZEC_USDC_PERP+0.0513%1h1,476.9−0.037%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0721%1h1,473.4−0.271%$44K$46K10xas long as short