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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: Pacifica against SoDEX−0.034%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$200.203% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.025%+$3 on $10k
Price spread, last 3 days (all we have)−0.385%−$39 · spread now −0.034%, 7d avg +0.003%
Together, before fees−0.360%+ Points / potential airdropPacifica: Active · farm board−$36 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: Pacifica is 0.036% cheaper against SoDEX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ZEC-USD1,462.10.0100pay 0.0013% / 1h37m 44s$222K$4.5M10x
ShortPacifica ZEC1,461.60.0100get 0.0013% / 1h37m 44s$1.7M$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.034% → +0.003%
−$3.62
Slippage, 4 orders
−$4.29
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$23.9
Costs to cover
0.203%
Break-even
never at this rate
Slippage from SoDEX: live order book, 1 min ago; Pacifica: live order book, 1 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, 1 min ago0.03 bp4.2 bp −$416.0 bp −$160109.1 bp −$10.9Kdoesn't fit
Sell Pacifica live order book, 1 min ago0.85 bp5.4 bp −$5doesn't fitdoesn'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−0.3310%1h1,465.8+0.248%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,462−0.007%$17.8M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0225%1h1,466+0.265%$398K$520K5xas long as short
BloFin ZEC-USDT−0.0088%8h1,462.7+0.036%$29.1M$75.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,462−0.008%$6K$2K10xas long as short
Bybit ZECUSDT−0.0050%8h1,460.6−0.106%$270.6M$674.0M75xas long as short
Variational Omni ZEC−0.0026%8h1,465.3+0.214%$46.6M$34.0Mas long as short
dYdX ZEC-USD0.0000%1h1,461.6−0.036%$412K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,463+0.060%$885K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,462.2+0.003%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,462.8+0.047%$5.2M150xas long as short
ApeX Omni ZECUSDT+0.0007%1h1,466.5+0.301%$431K$820K50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,462.7+0.042%$541K100xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,462.3+0.012%$292K$1.5M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0028%1h1,462.4+0.021%$595K$1.3M25xas long as short
Bulk ZEC-USD+0.0030%1h1,466+0.266%$905K$27K10xas long as short
OKX ZEC-USDT-SWAP+0.0046%8h1,461−0.075%$175.5M$1.35B50xas long as short
Gate ZEC_USDT+0.0047%8h1,461.5−0.044%$49.9M$184.7M75xas long as short
01 Exchange ZECUSD+0.0056%1h1,462.3+0.014%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,468.3+0.425%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,462.4+0.019%$14K$862K10xas long as short
Lighter ZEC+0.0096%1h1,462.7+0.038%$18.9M$52.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,462−0.008%$173K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,461−0.076%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,463.3+0.078%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,461.1−0.074%$757.2M$484.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,460.9−0.081%$15.6M$33.3M75xas long as short
Pacifica ZECshort+0.0100%1h1,461.6−0.034%$1.7M$3.0M10x
Binance ZECUSDT+0.0100%8h1,461.4−0.053%$673.3M$2.50B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,461.1−0.072%$222.0M$859.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.4−0.118%$102.8M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,461.6−0.036%$161.6M$306.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,461.8−0.021%$103.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,465.9+0.256%$510K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,464.7+0.173%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,465.4+0.223%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,462.3+0.012%$344K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,462.3+0.009%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,460.9−0.087%$446K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,464.7+0.179%$3K$1.3M20xas long as short
SoDEX ZEC-USDlong+0.0100%1h1,462.1long leg$222K$4.5M10x
HTX ZEC-USDT+0.0100%8h1,461.5−0.044%$2.5M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,462.4+0.021%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,462.1−0.004%$3.2M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,462.2+0.002%$36K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,462.2+0.003%$841K$1.7M10xas long as short
Backpack ZEC_USDC_PERP+0.0203%1h1,462.4+0.021%$2.3M$3.9M15xas long as short
Lighter RH ZEC+0.0368%1h1,462.5+0.023%$2.0M$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,463.5+0.096%$3.7M$11.6M50xas long as short
Arcus ZEC-USD+0.0444%1h1,463+0.061%$744K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0534%1h1,465.3+0.218%$41K$34K10xas long as short