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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0312%/8h= −34.2% APRpaid last 24h −0.011%
Price spread now: GRVT against RISEx−0.195%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$220.218% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.184%−$18 on $10k
Price spread, last 7 days+0.158%+$16 · spread now −0.195%, 7d avg −0.025%
Together, before fees−0.026%+ Points / potential airdropGRVT: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GRVT is 0.170% cheaper against RISEx than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.025%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ZEC/USDC1,460.20.0412pay 0.0052% / 1h25m 04s$924K$1.1M10x
ShortGRVT ZEC_USDT_Perp1,457.40.0100get 0.0100% / 8h4h 25m$3.0M$437K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against RISEx. 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
−$65.62
Price spread: −0.195% → −0.025%
−$17.05
Slippage, 4 orders
−$6.79
Fee RISEx: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$104.46
Costs to cover
0.218%
Break-even
never at this rate
Slippage from RISEx: live order book, 4 min ago; GRVT: 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 RISEx live order book, 4 min ago1.92 bp4.9 bp −$510.2 bp −$102doesn't fitdoesn't fit
Sell GRVT live order book, 4 min ago1.41 bp6.0 bp −$68.5 bp −$85doesn'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−0.3166%1h1,460.6+0.029%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,458.6−0.109%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0069%8h1,460.7+0.032%$29.3M$71.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,460.1−0.008%$411K$38K5xas long as short
Kalshi KXZECPERP0.0000%8h1,462.3+0.140%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,460−0.014%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.5+0.022%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,460.7+0.031%$292K$956K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0068% / S −0.0019%1h1,460.7+0.032%$410K100xas long as short
01 Exchange ZECUSD+0.0080%1h1,460.2−0.002%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,460.3+0.009%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,460−0.013%$11K$856K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,460.3+0.005%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,460.4+0.012%$2.8M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,461.9+0.116%$759.8M$432.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,461.1+0.059%$14.5M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,460.5+0.021%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,460.6+0.027%$671.1M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,460.3+0.003%$263.5M$600.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,460.5+0.023%$178.3M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.7−0.308%$396K$441K5xas long as short
Bulk ZEC-USD+0.0100%1h1,454−0.427%$877K$29K10xas long as short
Gate ZEC_USDT+0.0100%8h1,460.7+0.031%$50.7M$174.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,460.8+0.037%$216.7M$772.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.8+0.039%$102.7M$54.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,460.8+0.044%$166.4M$271.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,460.6+0.028%$103.4Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,461.3+0.073%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,457.9−0.160%$47.8M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,455.8−0.304%$567K$8.6M20xas long as short
GRVT ZEC_USDT_Perpshort+0.0100%8h1,457.4−0.195%$3.0M$437K10x
ApeX Omni ZECUSDT+0.0100%1h1,457−0.222%$406K$927K50xas long as short
StandX ZEC-USD+0.0100%1h1,458.4−0.127%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,460.4+0.013%$367K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,460.7+0.034%$161K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,459.8−0.031%$446K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,462.9+0.187%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,460.8+0.039%$234K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,459.7−0.035%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,460.2+0.002%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,460.6+0.024%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,460.6+0.030%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,458.1−0.143%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0231%1h1,461.5+0.088%$611K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0276%1h1,460.6+0.030%$18.1M$45.0M25xas long as short
Lighter ZEC+0.0288%1h1,461.9+0.116%$19.2M$45.9M20xas long as short
RISEx ZEC/USDClong+0.0412%1h1,460.2long leg$924K$1.1M10x
Coinbase International ZEC-PERP-INTX+0.0448%1h1,462.1+0.129%$3.8M$9.0M50xas long as short
Lighter RH ZEC+0.0456%1h1,462.1+0.128%$2.1M$7.0M10xas long as short
Arcus ZEC-USD+0.0626%1h1,461.1+0.064%$690K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0681%1h1,457.3−0.196%$45K$49K10xas long as short