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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: GRVT against SoDEX+0.356%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+$17as in the Price arb table
costs, in and out, $10k−$220.219% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.030%+$3 on $10k
Price spread, last 4 days (all we have)−1.570%−$157 · spread now +0.356%, 7d avg −0.032%
Together, before fees−1.540%+ Points / potential airdropGRVT: Active · farm board−$154 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: GRVT is 0.387% dearer against SoDEX than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ZEC-USD1,502.90.0100pay 0.0013% / 1h10m 38s$257K$3.6M10x
ShortGRVT ZEC_USDT_Perp1,508.20.0100get 0.0100% / 8h7h 10m$3.1M$549K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
Price spread: +0.356% → −0.032%
$38.73
Slippage, 4 orders
−$4.85
Fee SoDEX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$16.88
Costs to cover
0.219%
Break-even
from the start
Slippage from SoDEX: live order book, 3 min ago; GRVT: 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 ago0.03 bp4.2 bp −$415.7 bp −$157106.4 bp −$10.6Kdoesn't fit
Sell GRVT live order book, 3 min ago1.66 bp7.3 bp −$79.3 bp −$93doesn'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−0.3702%1h1,491.4−0.767%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,501.4−0.101%$62K$308K10xas long as short
Aftermath Perps ZECUSD−0.0256%1h1,505.4+0.170%$48K$58K10xas long as short
BloFin ZEC-USDT−0.0168%8h1,503+0.009%$31.5M$75.7M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,503+0.005%$6K$1K10xas long as short
Kalshi KXZECPERP0.0000%8h1,503.8+0.061%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,503+0.010%$5.4M150xas long as short
dYdX ZEC-USD+0.0015%1h1,502.7−0.011%$414K$34K5xas long as short
Kraken Futures PF_ZECUSD+0.0019%1h1,503.3+0.031%$18.3M$47.5M25xas long as short
01 Exchange ZECUSD+0.0024%1h1,501.6−0.083%$8K$6K5xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0082%1h1,505.8+0.195%$4.8M$1.4M10xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,503+0.009%$303K$859K20xas long as short
ApeX Omni ZECUSDT+0.0096%1h1,504.7+0.120%$413K$953K50xas long as short
Lighter ZEC+0.0096%1h1,505+0.144%$19.6M$45.7M20xas long as short
Lighter RH ZEC+0.0096%1h1,502.9−0.001%$2.1M$7.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,501.4−0.102%$176K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,501.6−0.082%$62K$16K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,501.6−0.083%$14K$878K10xas long as short
Nado ZEC-PERP+0.0100%1h1,501.4−0.097%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,503.1+0.015%$789.0M$448.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,501.2−0.112%$14.0M$29.6M75xas long as short
Pacifica ZEC+0.0100%1h1,502.1−0.051%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,501.4−0.101%$709.6M$2.28B75xas long as short
Bybit ZECUSDT+0.0100%8h1,501.1−0.120%$272.7M$608.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,500.6−0.149%$186.1M$1.35B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,501−0.125%$409K$535K5xas long as short
Arcus ZEC-USD+0.0100%1h1,502.7−0.010%$595K$8.8M10xas long as short
Bulk ZEC-USD+0.0100%1h1,508.1+0.347%$776K$147K10xas long as short
Gate ZEC_USDT+0.0100%8h1,501.6−0.087%$60.7M$188.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,502−0.057%$404.1M$844.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,501.6−0.085%$102.7M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,501.7−0.076%$162.7M$290.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,500.1−0.184%$6.6Mas long as short
Variational Omni ZEC+0.0100%8h1,502.7−0.013%$49.7M$35.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,508.6+0.383%$551K$9.2M20xas long as short
GRVT ZEC_USDT_Perpshort+0.0100%8h1,508.2+0.356%$3.1M$549K10x
StandX ZEC-USD+0.0100%1h1,503.7+0.053%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,503.4+0.035%$373K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,503.1+0.011%$168K$190K20xas long as short
SunX ZEC-USDT+0.0100%8h1,505.5+0.172%$3K$1.2M20xas long as short
SoDEX ZEC-USDlong+0.0100%1h1,502.9long leg$257K$3.6M10x
HTX ZEC-USDT+0.0100%8h1,503.4+0.033%$2.7M$20.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,503.5+0.041%$4.0M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,501.5−0.092%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,502.5−0.027%$43K$157K20xas long as short
Backpack ZEC_USDC_PERP+0.0117%1h1,503.6+0.047%$2.4M$3.7M15xas long as short
RISEx ZEC/USDC+0.0157%1h1,501.3−0.107%$979K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0165% / S −0.0163%1h1,502.7−0.012%$341K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0283%1h1,504.2+0.085%$688K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,505.2+0.151%$3.8M$9.9M50xas long as short