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+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: Extended against SoDEX+0.030%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$260.265% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.025%+$2 on $10k
Price spread, last 4 days (all we have)−0.668%−$67 · spread now +0.030%, 7d avg −0.016%
Together, before fees−0.644%+ Points / potential airdropExtended: Active · farm board−$64 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: Extended is 0.045% dearer against SoDEX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ZEC-USD1,447.30.0100pay 0.0013% / 1h46m 29s$232K$3.4M10x
ShortExtended ZEC-USD1,447.70.0104get 0.0013% / 1h46m 29s$2.8M$7.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: +0.030% → −0.016%
$4.52
Slippage, 4 orders
−$13.47
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$21.1
Costs to cover
0.265%
Break-even
182.9 days
Slippage from SoDEX: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago0.35 bp4.6 bp −$514.8 bp −$148103.0 bp −$10.3Kdoesn't fit
Sell Extended live order book, 3 min ago2.22 bp10.8 bp −$1117.8 bp −$17864.1 bp −$6,414doesn'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%1h1,448+0.046%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,447.5+0.011%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0072%8h1,447.3+0.003%$29.2M$70.4M75xas long as short
dYdX ZEC-USD0.0000%1h1,447−0.022%$407K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,447.7+0.029%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,447.4+0.009%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,447.7+0.028%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0058%8h1,447.2−0.006%$290K$958K20xas long as short
01 Exchange ZECUSD+0.0064%1h1,448.1+0.056%$8K$7K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0064% / S −0.0015%1h1,448.2+0.063%$407K100xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,447.8+0.033%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,447.5+0.013%$10K$874K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,448.1+0.056%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,447.8+0.034%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,448.7+0.097%$753.4M$434.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,447.3+0.003%$14.4M$27.7M75xas long as short
Pacifica ZEC+0.0100%1h1,448+0.049%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,447.7+0.030%$664.0M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,447.2−0.004%$260.9M$602.3M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,448+0.046%$176.9M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,445.7−0.110%$394K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,449.4+0.148%$876K$23K10xas long as short
Gate ZEC_USDT+0.0100%8h1,447.8+0.035%$50.0M$172.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,447.9+0.039%$215.2M$768.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,447.4+0.008%$101.9M$54.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,447.8+0.035%$164.3M$273.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,447.9+0.040%$100.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,448.2+0.063%$2.5M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,447.2−0.010%$47.4M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,446.4−0.059%$563K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,447.7+0.029%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,446.8−0.037%$402K$920K50xas long as short
StandX ZEC-USD+0.0100%1h1,447.7+0.028%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,447.3+0.001%$364K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,448.2+0.066%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,446.4−0.064%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,450.4+0.213%$3K$1.2M20xas long as short
SoDEX ZEC-USDlong+0.0100%1h1,447.3long leg$232K$3.4M10x
HTX ZEC-USDT+0.0100%8h1,446.9−0.028%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,447−0.019%$3.8M$5.1M50xas long as short
Extended ZEC-USDshort+0.0104%1h1,447.7+0.030%$2.8M$7.7M10x
Aevo ZEC-PERP+0.0104%1h1,447.1−0.012%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,448.9+0.112%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0269%1h1,447.9+0.045%$608K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0279%1h1,447.2−0.007%$17.9M$44.9M25xas long as short
Lighter ZEC+0.0344%1h1,449+0.117%$19.1M$45.9M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,448.4+0.076%$920K$1.1M10xas long as short
Lighter RH ZEC+0.0424%1h1,449.8+0.173%$2.0M$6.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,450+0.188%$3.8M$9.0M50xas long as short
Arcus ZEC-USD+0.0626%1h1,449.8+0.174%$738K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0670%1h1,449.2+0.134%$44K$49K10xas long as short