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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: HTX against Polymarket Perps−0.052%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$280.282% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.082%−$8 on $10k
Price spread, last 3 days (all we have)+0.392%+$39 · spread now −0.052%, 7d avg −0.015%
Together, before fees+0.310%+$31 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: HTX is 0.037% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,462.60.0100pay 0.0013% / 1h30m 06s$343K$1.9M10x
ShortHTX ZEC-USDT1,461.80.0100get 0.0100% / 8h1h 30m$2.5M$24.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.052% → −0.015%
−$3.69
Slippage, 4 orders
−$8.19
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$31.88
Costs to cover
0.282%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; HTX: live order book, 4 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 ago1.71 bp7.7 bp −$89.8 bp −$9829.8 bp −$2,979doesn't fit
Sell HTX live order book, 4 min ago0.07 bp6.8 bp −$713.4 bp −$13436.9 bp −$3,686doesn'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−0.3310%1h1,463.8+0.085%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,462.9+0.021%$17.8M$45.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0219%1h1,460.2−0.164%$397K$518K5xas long as short
BloFin ZEC-USDT−0.0094%8h1,461.9−0.045%$29.2M$75.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,462.9+0.023%$6K$2K10xas long as short
Bulk ZEC-USD−0.0065%1h1,462.1−0.034%$902K$27K10xas long as short
Bybit ZECUSDT−0.0054%8h1,462.4−0.012%$271.2M$673.5M75xas long as short
Variational Omni ZEC−0.0026%8h1,463+0.024%$46.5M$33.7Mas long as short
GMX ZEC/USD [WBTC.b-USDC]L −0.0017% / S +0.0093%1h1,463.3+0.049%$541K100xas long as short
dYdX ZEC-USD0.0000%1h1,462.3−0.019%$412K$104K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXZECPERP0.0000%8h1,462.8+0.013%$884K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,462.8+0.015%$83K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463.4+0.057%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0013%8h1,462.6+0.001%$292K$1.4M20xas long as short
ApeX Omni ZECUSDT+0.0029%1h1,462.7+0.007%$429K$821K50xas long as short
Gate ZEC_USDT+0.0046%8h1,462.8+0.012%$49.8M$185.4M75xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0047%1h1,463.5+0.059%$595K$1.3M25xas long as short
OKX ZEC-USDT-SWAP+0.0049%8h1,463.4+0.051%$176.3M$1.35B50xas long as short
01 Exchange ZECUSD+0.0064%1h1,463.6+0.069%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,464+0.093%$4.6M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,462.7+0.006%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,463.1+0.031%$14K$862K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,462.5−0.008%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.4−0.010%$2.5M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,463.8+0.082%$758.8M$485.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,462.7+0.003%$15.6M$33.1M75xas long as short
Pacifica ZEC+0.0100%1h1,463+0.030%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,463.1+0.035%$674.3M$2.49B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,462.9+0.023%$221.6M$863.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,462.8+0.014%$103.6M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,463.1+0.035%$161.9M$306.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,462.2−0.031%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,462.1−0.033%$510K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.6+0.069%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,464.1+0.105%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,462.6long leg$343K$1.9M10x
Bullet ZEC-USD+0.0100%1h1,462.8+0.013%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,461.2−0.098%$446K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,465.1+0.171%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,462.7+0.009%$222K$4.5M10xas long as short
HTX ZEC-USDTshort+0.0100%8h1,461.8−0.052%$2.5M$24.1M75x
Phemex ZECUSDT+0.0100%8h1,463.4+0.053%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,463.4+0.056%$3.2M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,462.9+0.017%$36K$367K20xas long as short
Lighter ZEC+0.0128%1h1,464.3+0.114%$19.0M$52.6M20xas long as short
Backpack ZEC_USDC_PERP+0.0181%1h1,463.6+0.066%$2.3M$3.8M15xas long as short
RISEx ZEC/USDC+0.0190%1h1,463.4+0.054%$841K$1.4M10xas long as short
Lighter RH ZEC+0.0400%1h1,464.9+0.156%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,465+0.166%$3.7M$11.6M50xas long as short
Arcus ZEC-USD+0.0444%1h1,464.2+0.107%$734K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0557%1h1,464.1+0.103%$40K$34K10xas long as short