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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%
Price spread now: edgeX against Popdex−0.272%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$200.203% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.008%+$1 on $10k
Price spread, last 7 days+0.238%+$24 · spread now −0.272%, 7d avg −0.062%
Together, before fees+0.246%+ Points / potential airdropedgeX: Active · farm board+$25 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: edgeX is 0.210% cheaper against Popdex than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex ZECUSDT1,466.70.0096pay 0.0012% / 1h57m 21s$174K$1.6M50x
ShortedgeX ZECUSDC1,462.70.0100get 0.0050% / 4h2h 57m$569K$8.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Popdex. 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
$0.84
Price spread: −0.272% → −0.062%
−$21.03
Slippage, 4 orders
−$4.87
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$40.46
Costs to cover
0.203%
Break-even
344.1 days
Slippage from Popdex: live order book, 2 min ago; edgeX: live order book, 2 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 Popdex live order book, 2 min ago1.88 bp5.3 bp −$510.0 bp −$100doesn't fitdoesn't fit
Sell edgeX live order book, 2 min ago0.38 bp4.9 bp −$58.8 bp −$88doesn'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−0.3243%1h1,467.3+0.040%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,466.4−0.018%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,465.2−0.100%$29.7M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,466.6−0.007%$408K$37K5xas long as short
01 Exchange ZECUSD0.0000%1h1,466.6−0.001%$8K$7K5xas long as short
Perpl ZEC0.0000%43m1,466.1−0.038%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,468.1+0.095%$5.2M150xas long as short
Ondo Perps ZEC-USD.P+0.0014%1h1,464.8−0.127%$397K$438K5xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,467.5+0.056%$293K$900K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0091% / S −0.0043%1h1,468.1+0.099%$437K100xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDTlong+0.0096%1h1,466.7long leg$174K$1.6M50x
Katana Perps ZEC-USD+0.0100%8h1,467.2+0.040%$13K$799K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.8+0.008%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467+0.022%$2.9M$6.4M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467.9+0.085%$764.8M$420.3M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.5+0.123%$14.5M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,467.1+0.027%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.1+0.100%$677.1M$2.17B75xas long as short
Bybit ZECUSDT+0.0100%8h1,467.3+0.042%$262.4M$586.5M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,467.6+0.061%$179.0M$1.21B50xas long as short
Bulk ZEC-USD+0.0100%1h1,462.8−0.263%$884K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,468.1+0.098%$52.7M$169.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.7+0.071%$219.0M$756.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466.8+0.008%$103.3M$52.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.9+0.018%$166.7M$267.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,467.8+0.079%$107.5Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,466.7+0.005%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,462.9−0.253%$48.0M$32.4Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,462.7−0.272%$569K$8.5M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,464.5−0.146%$3.0M$453K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,464.9−0.123%$405K$921K50xas long as short
StandX ZEC-USD+0.0100%1h1,464.6−0.138%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,466.6−0.004%$358K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,468.1+0.098%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.6−0.073%$447K$504K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,468+0.093%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.5−0.010%$235K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,465.6−0.074%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,466−0.046%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,466.7+0.004%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.4+0.052%$47K$151K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0108%1h1,467.4+0.049%$618K$1.3M25xas long as short
Kalshi KXZECPERP+0.0111%8h1,465.6−0.074%$1.5M$4.4M2.2xas long as short
Phoenix ZEC+0.0116%1h1,467.5+0.054%$4.7M$1.3M10xas long as short
Lighter ZEC+0.0120%1h1,467.9+0.086%$19.4M$43.7M20xas long as short
Kraken Futures PF_ZECUSD+0.0147%1h1,466.8+0.007%$18.0M$45.6M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,466.9+0.018%$927K$1.1M10xas long as short
Lighter RH ZEC+0.0248%1h1,468.2+0.104%$2.1M$7.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,468.6+0.134%$3.9M$9.0M50xas long as short
Arcus ZEC-USD+0.0508%1h1,467.9+0.082%$670K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0684%1h1,465.5−0.077%$45K$49K10xas long as short