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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.004%
Price spread now: RISEx against Polymarket Perps+0.090%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$230.231% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.198%+$20 on $10k
Price spread, last 7 days+0.067%+$7 · spread now +0.090%, 7d avg +0.045%
Together, before fees+0.266%+$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and RISEx is 0.046% dearer against Polymarket Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,470.10.0100pay 0.0013% / 1h38m 14s$332K$1.8M10x
ShortRISEx ZEC/USDC1,471.40.0228get 0.0029% / 1h38m 14s$841K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$26.93
Price spread: +0.090% → +0.045%
$4.56
Slippage, 4 orders
−$9.11
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$8.38
Costs to cover
0.231%
Break-even
4.8 days
Slippage from Polymarket Perps: live order book, 5 min ago; RISEx: live order book, just now.

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, 5 min ago3.06 bp8.3 bp −$812.3 bp −$123doesn't fitdoesn't fit
Sell RISEx live order book, just now0.88 bp3.9 bp −$48.0 bp −$80doesn'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−0.3321%1h1,472+0.131%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,469.3−0.054%$17.9M$43.1M25xas long as short
Ondo Perps ZEC-USD.P−0.0149%1h1,469.6−0.034%$399K$518K5xas long as short
BloFin ZEC-USDT−0.0103%8h1,471.2+0.072%$29.8M$73.5M75xas long as short
Bybit ZECUSDT−0.0082%8h1,469.1−0.068%$274.4M$638.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,471.5+0.097%$6K$2K10xas long as short
Variational Omni ZEC−0.0058%8h1,471.8+0.113%$47.7M$34.3Mas long as short
dYdX ZEC-USD0.0000%1h1,471.2+0.073%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.1+0.065%$957K$5.3M2.2xas long as short
Perpl ZEC0.0000%43m1,471.1+0.069%$84K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,469.8−0.020%$613K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,469.8−0.021%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,469.3−0.053%$293K$1.4M20xas long as short
OKX ZEC-USDT-SWAP+0.0043%8h1,469.3−0.052%$181.8M$1.31B50xas long as short
01 Exchange ZECUSD+0.0048%1h1,469.9−0.014%$8K$8K5xas long as short
Phoenix ZEC+0.0054%1h1,471.1+0.069%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,469.7−0.030%$378K100xas long as short
Popdex ZECUSDT+0.0096%1h1,470.6+0.031%$176K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.2+0.074%$60K$39K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,471.1+0.065%$14K$836K10xas long as short
Nado ZEC-PERP+0.0100%1h1,471.5+0.097%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,471.6+0.102%$763.6M$454.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.5−0.042%$14.9M$32.1M75xas long as short
Pacifica ZEC+0.0100%1h1,471.5+0.098%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.6−0.032%$684.0M$2.39B75xas long as short
Arcus ZEC-USD+0.0100%1h1,472.1+0.139%$698K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471+0.060%$895K$25K10xas long as short
Gate ZEC_USDT+0.0100%8h1,469.6−0.033%$51.4M$178.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,469.7−0.030%$231.1M$823.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.4−0.046%$105.2M$55.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,469.6−0.035%$163.4M$294.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,469−0.072%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.4+0.022%$572K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.6+0.172%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470.1−0.003%$430K$860K50xas long as short
StandX ZEC-USD+0.0100%1h1,471.7+0.109%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,470.1long leg$332K$1.8M10x
Bullet ZEC-USD+0.0100%1h1,469.5−0.041%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,467.7−0.166%$457K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.5+0.165%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.1−0.070%$242K$4.1M10xas long as short
HTX ZEC-USDT+0.0100%8h1,469−0.075%$2.5M$21.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.8+0.049%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,469.6−0.032%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,469.4−0.048%$63K$178K20xas long as short
Lighter ZEC+0.0176%1h1,470.8+0.050%$19.1M$50.3M20xas long as short
RISEx ZEC/USDCshort+0.0228%1h1,471.4+0.090%$841K$1.1M10x
Coinbase International ZEC-PERP-INTX+0.0448%1h1,471.7+0.107%$3.8M$10.2M50xas long as short
Backpack ZEC_USDC_PERP+0.0550%1h1,470.1−0.001%$2.6M$3.8M15xas long as short
Lighter RH ZEC+0.0768%1h1,472.2+0.144%$2.0M$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0770%1h1,472.3+0.152%$44K$48K10xas long as short