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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0119%/8h= +13.0% APRnext payment +$0.15 per $10,000 · paid last 24h +0.018%
Price spread now: RISEx against SoDEX+0.023%7-day average +0.027% · 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−$160.164% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.185%+$19 on $10k
Price spread, last 3 days (all we have)−0.592%−$59 · spread now +0.023%, 7d avg +0.027%
Together, before fees−0.407%−$41 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ZEC-USD1,462.60.0100pay 0.0013% / 1h0m 06s$222K$4.7M10x
ShortRISEx ZEC/USDC1,462.90.0219get 0.0027% / 1h0m 06s$844K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$24.98
Price spread: +0.023% → +0.027%
−$0.42
Slippage, 4 orders
−$2.39
Fee SoDEX: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$8.17
Costs to cover
0.164%
Break-even
4.7 days
Slippage from SoDEX: live order book, 4 min ago; RISEx: 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 bp4.6 bp −$516.3 bp −$163108.8 bp −$10.9Kdoesn't fit
Sell RISEx live order book, 4 min ago0.55 bp3.5 bp −$47.3 bp −$73doesn'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%1h1,446.2−1.122%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0087%8h1,462.2−0.027%$29.0M$75.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,462.4−0.010%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,462.6+0.005%$17.8M$44.9M25xas long as short
Bybit ZECUSDT−0.0040%8h1,462−0.041%$269.9M$679.8M75xas long as short
Variational Omni ZEC−0.0018%8h1,461.1−0.097%$46.6M$34.3Mas long as short
Ondo Perps ZEC-USD.P−0.0008%1h1,460.7−0.127%$396K$516K5xas long as short
dYdX ZEC-USD0.0000%1h1,462.1−0.034%$412K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,462.9+0.021%$937K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,462.6+0.005%$83K$401K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,463.4+0.057%$595K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463+0.031%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0012% / S +0.0077%1h1,462.9+0.023%$559K100xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,462.6+0.004%$293K$1.5M20xas long as short
01 Exchange ZECUSD+0.0040%1h1,462.8+0.016%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0055%8h1,462.7+0.006%$175.1M$1.37B50xas long as short
Gate ZEC_USDT+0.0058%8h1,462.5−0.003%$50.0M$191.9M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,462.5−0.004%$13K$862K10xas long as short
Lighter ZEC+0.0096%1h1,464.2+0.114%$18.9M$54.8M20xas long as short
Popdex ZECUSDT+0.0096%1h1,462.5−0.007%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,462.2−0.026%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,463.1+0.034%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,463.5+0.064%$758.9M$495.3M10xas long as short
Aster ZECUSDT+0.0100%8h1,462.7+0.010%$15.4M$33.8M75xas long as short
Pacifica ZEC+0.0100%1h1,462.7+0.011%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,462.6−0.001%$669.0M$2.53B75xas long as short
Bulk ZEC-USD+0.0100%1h1,460.8−0.121%$899K$25K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,462.6−0.001%$225.7M$902.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,462.7+0.007%$103.3M$57.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,462.5−0.003%$161.8M$311.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,462.4−0.011%$102.2Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,463.3+0.049%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,461.6−0.067%$509K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,461.7−0.057%$3.0M$492K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461.1−0.101%$429K$816K50xas long as short
StandX ZEC-USD+0.0100%1h1,462.9+0.021%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,462.4−0.011%$343K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,462.5−0.007%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,461.2−0.090%$446K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,464.7+0.144%$3K$1.3M20xas long as short
SoDEX ZEC-USDlong+0.0100%1h1,462.6long leg$222K$4.7M10x
HTX ZEC-USDT+0.0100%8h1,462.1−0.031%$2.4M$24.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,462.6+0.001%$3.8M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,461.8−0.054%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,463+0.032%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,462.7+0.013%$36K$362K20xas long as short
RISEx ZEC/USDCshort+0.0219%1h1,462.9+0.023%$844K$1.8M10x
Coinbase International ZEC-PERP-INTX+0.0440%1h1,464.7+0.146%$3.7M$11.7M50xas long as short
Aftermath Perps ZECUSD+0.0504%1h1,462.1−0.034%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,462.5−0.001%$742K$8.0M10xas long as short
Lighter RH ZEC+0.0544%1h1,464.6+0.142%$2.0M$8.5M10xas long as short