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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0274%/8h= −30.0% APRnext payment $0.34 per $10,000 · paid last 24h −0.005%
Price spread now: Pacifica against RISEx+0.019%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$200.196% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.181%−$18 on $10k
Price spread, last 7 days−0.022%−$2 · spread now +0.019%, 7d avg −0.032%
Together, before fees−0.203%+ Points / potential airdropPacifica: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.051% dearer against RISEx than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.032%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ZEC/USDC1,476.10.0374pay 0.0047% / 1h27m 09s$868K$1.0M10x
ShortPacifica ZEC1,476.40.0100get 0.0013% / 1h27m 09s$1.7M$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$57.47
Price spread: +0.019% → −0.032%
$5.05
Slippage, 4 orders
−$5.6
Fee RISEx: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$72.02
Costs to cover
0.196%
Break-even
never at this rate
Slippage from RISEx: live order book, 2 min ago; Pacifica: 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 RISEx live order book, 2 min ago0.91 bp3.9 bp −$48.1 bp −$81doesn't fitdoesn't fit
Sell Pacifica live order book, 2 min ago0.78 bp6.0 bp −$6doesn't fitdoesn't fitdoesn't fit

ZEC on 50 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−0.3678%1h1,475.4−0.046%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,477.1+0.066%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0019%1h1,474.1−0.137%$400K$518K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,475−0.073%$18.1M$43.5M25xas long as short
dYdX ZEC-USD0.0000%1h1,475.9−0.014%$416K$55K5xas long as short
Kalshi KXZECPERP0.0000%8h1,476.4+0.021%$976K$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,475.3−0.053%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,475.2−0.061%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0027%8h1,474.8−0.088%$294K$1.1M20xas long as short
Variational Omni ZEC+0.0040%8h1,476.4+0.018%$48.0M$33.0Mas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,474.9−0.081%$385K100xas long as short
01 Exchange ZECUSD+0.0064%1h1,475.7−0.029%$8K$9K5xas long as short
Phoenix ZEC+0.0070%1h1,478.2+0.143%$4.7M$1.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0095%8h1,474.9−0.083%$181.4M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,475.1−0.067%$174K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,475−0.079%$17K$840K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,476.4+0.019%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,475.5−0.044%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,476.1−0.001%$768.2M$445.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,475.1−0.067%$14.9M$30.8M75xas long as short
Pacifica ZECshort+0.0100%1h1,476.4+0.019%$1.7M$2.7M10x
Binance ZECUSDT+0.0100%8h1,474.8−0.091%$681.6M$2.33B75xas long as short
Bybit ZECUSDT+0.0100%8h1,474.9−0.086%$272.0M$618.1M75xas long as short
Bulk ZEC-USD+0.0100%1h1,470.5−0.381%$893K$19K10xas long as short
Gate ZEC_USDT+0.0100%8h1,475−0.075%$50.2M$175.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,475−0.073%$215.8M$799.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,475.1−0.068%$103.8M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,475−0.076%$163.8M$283.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,475.4−0.051%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,476.1−0.002%$574K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,475−0.075%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474−0.141%$429K$907K50xas long as short
StandX ZEC-USD+0.0100%1h1,476.5+0.027%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,475.2−0.062%$340K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,475−0.076%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.5−0.178%$458K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.7+0.107%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,474.9−0.084%$243K$3.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,475.7−0.028%$2.6M$18.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,475.7−0.029%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,475−0.075%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,475−0.076%$48K$162K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0128%1h1,475.7−0.031%$614K$1.3M25xas long as short
Arcus ZEC-USD+0.0254%1h1,477+0.063%$682K$8.7M10xas long as short
Lighter ZEC+0.0256%1h1,476.9+0.055%$19.3M$48.1M20xas long as short
Lighter RH ZEC+0.0304%1h1,477+0.059%$2.1M$7.1M10xas long as short
RISEx ZEC/USDClong+0.0374%1h1,476.1long leg$868K$1.0M10x
Coinbase International ZEC-PERP-INTX+0.0472%1h1,477.8+0.115%$3.7M$9.5M50xas long as short
Backpack ZEC_USDC_PERP+0.0503%1h1,475.5−0.040%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0726%1h1,475.4−0.046%$44K$46K10xas long as short