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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:07 UTC−0.0547%/8h= −59.8% APRpaid last 24h −0.030%
Price spread now: Perpl against Polymarket Perps−0.060%7-day average −0.045% · 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 7 days+0.099%+$10 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.060%, 7d avg −0.045%
Together, before fees+0.178%+ Points / potential airdropPerpl: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.099%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,508.40.0100pay 0.0013% / 1h40m 08s$374K$1.7M10x
ShortPerpl ZEC1,507.5−0.0447pay 0.0040% / 43m12m 08s$62K$305K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$114.77
Price spread: −0.060% → −0.045%
−$1.58
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$138.15
Costs to cover
0.218%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 4 min ago; Perpl: 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, 4 min ago295.41 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Perpl no order-book sample
Perpl: 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 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−0.3702%1h1,500.6−0.516%$37K$275K12xas long as short
Perpl ZECshort−0.0447%43m1,507.5−0.060%$62K$305K10x
Aftermath Perps ZECUSD−0.0165%1h1,512.8+0.291%$48K$58K10xas long as short
BloFin ZEC-USDT−0.0157%8h1,509.2+0.052%$31.8M$76.8M75xas long as short
Bulk ZEC-USD−0.0101%1h1,517.9+0.630%$781K$147K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,509.5+0.074%$6K$1K10xas long as short
ApeX Omni ZECUSDT−0.0022%1h1,512.6+0.280%$415K$952K50xas long as short
dYdX ZEC-USD0.0000%1h1,508.8+0.029%$419K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,509.8+0.094%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,510.3+0.125%$5.4M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZECUSD+0.0019%1h1,510.2+0.122%$18.3M$47.7M25xas long as short
01 Exchange ZECUSD+0.0032%1h1,508.1−0.023%$8K$6K5xas long as short
Gate ZEC_USDT+0.0045%8h1,509.6+0.082%$60.3M$184.4M75xas long as short
Phoenix ZEC+0.0082%1h1,515.4+0.465%$4.8M$1.4M10xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,509.7+0.086%$305K$861K20xas long as short
Lighter ZEC+0.0096%1h1,510.7+0.152%$19.6M$44.7M20xas long as short
Lighter RH ZEC+0.0096%1h1,511+0.169%$2.1M$7.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,508.2−0.011%$172K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,509.4+0.066%$62K$19K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,508−0.030%$16K$898K10xas long as short
Bybit ZECUSDT+0.0100%8h1,509+0.038%$271.2M$624.7M75xas long as short
Nado ZEC-PERP+0.0100%1h1,509.5+0.073%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,509.9+0.099%$790.4M$449.3M10xas long as short
Aster ZECUSDT+0.0100%8h1,509.4+0.069%$14.2M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,509.6+0.078%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,510+0.103%$713.9M$2.33B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,509.3+0.062%$186.0M$1.38B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,511.6+0.212%$412K$546K5xas long as short
Arcus ZEC-USD+0.0100%1h1,509.3+0.061%$609K$9.0M10xas long as short
MEXC ZEC_USDT+0.0100%8h1,510+0.107%$408.8M$831.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,510+0.105%$103.2M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,509.5+0.070%$163.5M$295.4M75xas long as short
BingX ZEC-USDC+0.0100%8h1,508−0.026%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,509.9+0.099%$50.1M$36.0Mas long as short
edgeX ZECUSDC+0.0100%4h1,512.9+0.295%$558K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,515.1+0.443%$3.1M$530K10xas long as short
StandX ZEC-USD+0.0100%1h1,513.8+0.358%$51K$4.6M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,508.4long leg$374K$1.7M10x
Bullet ZEC-USD+0.0100%1h1,510.2+0.119%$169K$194K20xas long as short
Derive ZEC-PERP+0.0100%1h1,508.1−0.017%$450K$419K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,511.9+0.231%$4K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,509.7+0.087%$255K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,508.5+0.005%$2.7M$21.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,510.4+0.135%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,509.5+0.071%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,509.8+0.093%$45K$153K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0156% / S −0.0159%1h1,512.2+0.250%$336K100xas long as short
RISEx ZEC/USDC+0.0157%1h1,511.2+0.185%$962K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0157%1h1,510.7+0.149%$691K$1.4M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,510.8+0.160%$3.8M$10.0M50xas long as short
Backpack ZEC_USDC_PERP+0.0476%1h1,510+0.103%$2.4M$3.7M15xas long as short