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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Aevo against SoDEX−0.031%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$450.452% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.031%, 7d avg −0.002%
Together, before fees+0.024%+$2 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: Aevo is 0.030% cheaper against SoDEX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ZEC-USD1,453.40.0100pay 0.0013% / 1h34m 37s$232K$3.5M10x
ShortAevo ZEC-PERP1,4530.0104get 0.0013% / 1h34m 37s$47K$156K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SoDEX. 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: −0.031% → −0.002%
−$2.96
Slippage, 4 orders
−$21.22
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$47.35
Costs to cover
0.452%
Break-even
401.6 days
Slippage from SoDEX: live order book, 4 min ago; Aevo: live order book, 29 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 SoDEX live order book, 4 min ago0.28 bp4.9 bp −$515.5 bp −$155107.2 bp −$10.7Kdoesn't fit
Sell Aevo live order book, 29 min ago5.48 bp20.5 bp −$2125.2 bp −$25242.3 bp −$4,228doesn'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−0.3244%1h1,451.4−0.141%$33K$272K12xas long as short
BloFin ZEC-USDT−0.0080%8h1,453.2−0.017%$29.5M$70.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,452.2−0.083%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,451.6−0.126%$409K$44K5xas long as short
Kalshi KXZECPERP0.0000%8h1,452.1−0.087%$1.3M$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,451.9−0.105%$83K$248K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452.5−0.061%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0041%8h1,453.3−0.011%$290K$979K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0053% / S −0.0009%1h1,452.4−0.067%$375K100xas long as short
Phoenix ZEC+0.0074%1h1,449.2−0.290%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni ZECUSDT+0.0087%1h1,450−0.232%$407K$904K50xas long as short
Popdex ZECUSDT+0.0096%1h1,452.3−0.074%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,450.6−0.195%$14K$854K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,452−0.097%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,452.9−0.035%$2.5M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,454.1+0.047%$756.7M$433.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,453.1−0.022%$14.4M$28.8M75xas long as short
Pacifica ZEC+0.0100%1h1,452.3−0.077%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,452.1−0.093%$664.9M$2.26B75xas long as short
Bybit ZECUSDT+0.0100%8h1,451.6−0.128%$266.1M$610.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,451.8−0.113%$179.3M$1.24B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,445.9−0.517%$394K$431K5xas long as short
Bulk ZEC-USD+0.0100%1h1,451.2−0.150%$879K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,452−0.097%$49.4M$172.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,452.2−0.086%$213.0M$774.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,452−0.094%$102.0M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,452−0.098%$161.2M$277.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,452.2−0.081%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,453.9+0.033%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,448.7−0.323%$46.8M$32.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,449.1−0.299%$564K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,449.1−0.300%$3.0M$419K10xas long as short
StandX ZEC-USD+0.0100%1h1,448.7−0.325%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451.8−0.111%$323K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,452.6−0.053%$160K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451.7−0.116%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,455.2+0.124%$3K$1.2M20xas long as short
SoDEX ZEC-USDlong+0.0100%1h1,453.4long leg$232K$3.5M10x
HTX ZEC-USDT+0.0100%8h1,451.5−0.134%$2.6M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,453.5+0.008%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,451.3−0.142%$2.8M$7.7M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,453−0.031%$47K$156K20x
01 Exchange ZECUSD+0.0120%1h1,453−0.028%$8K$7K5xas long as short
Lighter ZEC+0.0192%1h1,453.2−0.017%$19.0M$46.4M20xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,453.4+0.002%$17.9M$44.5M25xas long as short
Arcus ZEC-USD+0.0277%1h1,454.1+0.049%$716K$8.5M10xas long as short
Lighter RH ZEC+0.0352%1h1,454.4+0.067%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,452.6−0.059%$829K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,453.9+0.030%$3.7M$9.1M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0461%1h1,454+0.042%$611K$1.3M25xas long as short
Aftermath Perps ZECUSD+0.0711%1h1,453.40.000%$43K$46K10xas long as short