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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.076%
Price spread now: Hyperliquid against SoDEX+0.023%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as 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)+0.114%+$11 on $10k
Price spread, last 3 days (all we have)−1.373%−$137 · spread now +0.023%, 7d avg +0.011%
Together, before fees−1.259%+ Points / potential airdropHyperliquid: Season 2 · farm board−$126 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ZEC-USD1,454.20.0100pay 0.0013% / 1h49m 44s$220K$4.7M10x
ShortHyperliquid ZEC1,454.50.0100get 0.0013% / 1h49m 44s$752.0M$493.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.023% → +0.011%
$1.17
Slippage, 4 orders
−$2.59
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$18.42
Costs to cover
0.196%
Break-even
never at this rate
Slippage from SoDEX: live order book, 4 min ago; Hyperliquid: 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 SoDEX live order book, 4 min ago0.03 bp4.5 bp −$417.0 bp −$170109.6 bp −$11.0Kdoesn't fit
Sell Hyperliquid live order book, 4 min ago0.34 bp5.4 bp −$57.5 bp −$75doesn'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−0.3476%1h1,437.6−1.139%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,452.5−0.116%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,454.1−0.003%$17.6M$44.6M25xas long as short
BloFin ZEC-USDT−0.0069%8h1,453.2−0.066%$28.9M$75.9M75xas long as short
Variational Omni ZEC−0.0026%8h1,451.7−0.170%$45.5M$32.1Mas long as short
Bybit ZECUSDT−0.0009%8h1,452.9−0.087%$269.3M$677.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,454.8+0.046%$410K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,454.9+0.053%$849K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,454.9+0.047%$83K$400K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,454.3+0.010%$5.1M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0008%8h1,454.5+0.021%$292K$1.5M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0017%1h1,455.2+0.072%$567K$1.3M25xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0065%1h1,453.7−0.034%$544K100xas long as short
OKX ZEC-USDT-SWAP+0.0039%8h1,453.8−0.026%$172.4M$1.36B50xas long as short
Aster ZECUSDT+0.0059%8h1,454.7+0.037%$15.3M$35.2M75xas long as short
Gate ZEC_USDT+0.0065%8h1,453.9−0.020%$49.1M$185.5M75xas long as short
01 Exchange ZECUSD+0.0072%1h1,455+0.054%$8K$8K5xas long as short
Katana Perps ZEC-USD+0.0095%8h1,453.8−0.027%$17K$886K10xas long as short
Lighter ZEC+0.0096%1h1,454.8+0.041%$18.8M$53.9M20xas long as short
Ondo Perps ZEC-USD.P+0.0096%1h1,449.8−0.301%$394K$517K5xas long as short
Popdex ZECUSDT+0.0096%1h1,454.7+0.035%$178K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,453.7−0.032%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,455.1+0.061%$3.0M$6.8M10xas long as short
Hyperliquid ZECshort+0.0100%1h1,454.5+0.023%$752.0M$493.3M10x
Pacifica ZEC+0.0100%1h1,453.8−0.026%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,453.7−0.035%$659.3M$2.55B75xas long as short
Bulk ZEC-USD+0.0100%1h1,455+0.054%$896K$37K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,454−0.010%$218.5M$881.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,454−0.015%$103.7M$57.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,454−0.010%$162.0M$316.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,454.3+0.006%$107.0Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,455+0.058%$2.3M$4.2M15xas long as short
edgeX ZECUSDC+0.0100%4h1,453.4−0.053%$487K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,452.9−0.086%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,454.1−0.008%$707K$606K50xas long as short
StandX ZEC-USD+0.0100%1h1,452.6−0.107%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.8+0.043%$299K$2.1M10xas long as short
Bullet ZEC-USD+0.0100%1h1,453.6−0.042%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,452.9−0.089%$442K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,457.7+0.244%$3K$1.3M20xas long as short
SoDEX ZEC-USDlong+0.0100%1h1,454.2long leg$220K$4.7M10x
HTX ZEC-USDT+0.0100%8h1,455+0.057%$2.4M$25.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,454−0.014%$3.7M$5.5M50xas long as short
Phoenix ZEC+0.0103%1h1,452.3−0.132%$4.6M$1.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,454.1−0.002%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,454.5+0.024%$863K$2.5M10xas long as short
Extended ZEC-USD+0.0272%1h1,454−0.009%$3.3M$7.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,456.8+0.182%$3.7M$11.6M50xas long as short
Aftermath Perps ZECUSD+0.0462%1h1,454−0.011%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,456.3+0.147%$751K$7.8M10xas long as short
Lighter RH ZEC+0.0728%1h1,456+0.129%$1.9M$8.4M10xas long as short