Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against StandX+0.064%63s7-day average −0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$280.283% of the position

Long on StandX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 7 days−0.061%−$6 · spread now +0.064%, 7d avg −0.068%

Together, before fees−0.038%+ Points / potential airdropStandX: Active · edgeX: Active · farm board−$4 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: edgeX is 0.132% dearer against StandX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.068%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX ZEC-USD	1,444.4	0.0100	pay 0.0013% / 1h	30m 06s	$108K	$4.8M	30x
Short	edgeX ZECUSDC	1,445.3	0.0100	get 0.0050% / 4h	2h 30m	$485K	$9.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against StandX. 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

Position, each leg$Hold fordaysFee StandXbpFee edgeXbpOrdersPrice spread, now +0.064%Rate

Funding earned: $0
Price spread: +0.064% → −0.068%: $13.23
Slippage, 4 orders: −$11.28
Fee StandX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$15.04
Costs to cover: 0.283%
Break-even: never at this rate

Slippage from StandX: live order book, 4 min ago; edgeX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy StandX live order book, 4 min ago	4.26 bp	9.6 bp −$10	11.3 bp −$113	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	0.45 bp	5.0 bp −$5	9.0 bp −$90	doesn't fit	doesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3476%	1h	1,433.1	−0.778%	$33K	$275K	12x	as long as short
BloFin ZEC-USDT	−0.0092%	8h	1,445.6	+0.085%	$28.8M	$74.8M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,444.6	+0.012%	$6K	$2K	10x	as long as short
Kraken Futures PF_ZECUSD	−0.0072%	1h	1,451.9	+0.519%	$17.7M	$44.7M	25x	as long as short
Variational Omni ZEC	−0.0001%	8h	1,443	−0.092%	$45.4M	$32.5M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,448.6	+0.293%	$408K	$106K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,449.2	+0.332%	$907K	$5.7M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,449.7	+0.370%	$82K	$401K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,451.1	+0.465%	$5.1M	—	150x	as long as short
Bybit ZECUSDT	+0.0008%	8h	1,453.3	+0.619%	$267.7M	$675.4M	75x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZEC_USDC	+0.0015%	8h	1,451.5	+0.492%	$291K	$1.5M	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0027% / S +0.0071%	1h	1,450.8	+0.445%	$545K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0056%	8h	1,454	+0.667%	$172.4M	$1.36B	50x	as long as short
01 Exchange ZECUSD	+0.0072%	1h	1,449.7	+0.368%	$8K	$8K	5x	as long as short
Gate ZEC_USDT	+0.0074%	8h	1,453.2	+0.613%	$49.6M	$189.2M	75x	as long as short
Aster ZECUSDT	+0.0078%	8h	1,451.9	+0.523%	$15.3M	$34.6M	75x	as long as short
Katana Perps ZEC-USD	+0.0095%	8h	1,448.9	+0.316%	$13K	$873K	10x	as long as short
Lighter ZEC	+0.0096%	1h	1,453.4	+0.628%	$18.7M	$54.5M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,449.5	+0.352%	$173K	$2.0M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,449.4	+0.349%	$60K	$37K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,450.5	+0.424%	$2.4M	$7.1M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,453.9	+0.660%	$751.3M	$495.5M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,448.5	+0.287%	$1.6M	$3.1M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,453.8	+0.651%	$662.7M	$2.53B	75x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,441.6	−0.192%	$392K	$516K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,445	+0.044%	$890K	$32K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,452.3	+0.551%	$215.5M	$892.9M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,452.6	+0.570%	$103.3M	$56.9M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,453.3	+0.620%	$160.9M	$313.1M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,452.2	+0.542%	—	$6.8M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,453.9	+0.659%	$2.3M	$4.1M	15x	as long as short
edgeX ZECUSDCshort	+0.0100%	4h	1,445.3	+0.064%	$485K	$9.8M	20x
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,448.7	+0.298%	$3.0M	$501K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,445.1	+0.048%	$703K	$607K	50x	as long as short
StandX ZEC-USDlong	+0.0100%	1h	1,444.4	long leg	$108K	$4.8M	30x
Polymarket Perps ZEC-USD	+0.0100%	1h	1,449.7	+0.369%	$349K	$2.0M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,450.6	+0.435%	$127K	$161K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,450.1	+0.396%	$441K	$493K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,452	+0.527%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,451.9	+0.521%	$220K	$4.7M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,451	+0.459%	$2.4M	$24.9M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,452.4	+0.557%	$3.7M	$5.3M	50x	as long as short
Phoenix ZEC	+0.0103%	1h	1,445.9	+0.107%	$4.5M	$1.6M	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,451.9	+0.519%	$3.2M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,451.6	+0.500%	$36K	$362K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0187%	1h	1,452.6	+0.571%	$591K	$1.3M	25x	as long as short
RISEx ZEC/USDC	+0.0219%	1h	1,450	+0.386%	$865K	$1.9M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0440%	1h	1,453.2	+0.608%	$3.7M	$11.4M	50x	as long as short
Aftermath Perps ZECUSD	+0.0455%	1h	1,448.9	+0.313%	$39K	$32K	10x	as long as short
Arcus ZEC-USD	+0.0518%	1h	1,451.2	+0.476%	$766K	$7.9M	10x	as long as short
Lighter RH ZEC	+0.0672%	1h	1,454.4	+0.691%	$1.9M	$8.5M	10x	as long as short