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% APRpaid last 24h 0.000%
Price spread now: Phemex against StandX+0.073%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$610.611% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.172%−$17 on $10k
Price spread, last 3 days (all we have)+0.579%+$58 · spread now +0.073%, 7d avg +0.021%
Together, before fees+0.407%+ Points / potential airdropStandX: Active · farm board+$41 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: Phemex is 0.052% dearer against StandX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ZEC-USD1,456.10.0100pay 0.0013% / 1h27m 18s$109K$4.8M30x
ShortPhemex ZECUSDT1,457.20.0100get 0.0100% / 8h2h 27m$3.8M$5.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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

Funding earned
$0
Price spread: +0.073% → +0.021%
$5.2
Slippage, 4 orders
−$41.12
Fee StandX: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$55.92
Costs to cover
0.611%
Break-even
never at this rate
Slippage from StandX: live order book, 2 min ago; Phemex: live order book, 2 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 StandX live order book, 2 min ago6.28 bp10.4 bp −$1011.8 bp −$118doesn't fitdoesn't fit
Sell Phemex live order book, 2 min ago5.25 bp22.3 bp −$2232.1 bp −$321doesn'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%1h1,433.1−1.576%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0092%8h1,453.5−0.181%$29.0M$75.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,458.5+0.163%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,455.6−0.032%$17.7M$44.7M25xas long as short
Variational Omni ZEC−0.0001%8h1,443−0.896%$45.4M$32.5Mas long as short
dYdX ZEC-USD0.0000%1h1,457.8+0.119%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,457.3+0.080%$914K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,457.3+0.084%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,458.4+0.160%$593K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.7+0.112%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0011%8h1,457.1+0.071%$268.1M$675.7M75xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,457.7+0.112%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0026% / S +0.0072%1h1,457.1+0.071%$547K100xas long as short
OKX ZEC-USDT-SWAP+0.0058%8h1,457.7+0.108%$172.8M$1.36B50xas long as short
01 Exchange ZECUSD+0.0064%1h1,457.4+0.089%$8K$8K5xas long as short
Gate ZEC_USDT+0.0078%8h1,457.1+0.072%$49.4M$189.8M75xas long as short
Aster ZECUSDT+0.0090%8h1,458+0.132%$15.4M$34.6M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,456.7+0.043%$13K$872K10xas long as short
Lighter ZEC+0.0096%1h1,458.7+0.178%$18.8M$54.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,457.1+0.069%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,458.5+0.165%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.3+0.082%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,457.8+0.115%$753.4M$496.7M10xas long as short
Pacifica ZEC+0.0100%1h1,458.1+0.140%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.5+0.094%$664.4M$2.53B75xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,441.6−0.995%$392K$516K5xas long as short
Bulk ZEC-USD+0.0100%1h1,445−0.761%$890K$32K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.2+0.078%$219.3M$894.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.3+0.084%$103.3M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457.5+0.096%$161.2M$313.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,457+0.061%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,458.3+0.151%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,444.1−0.823%$485K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,445.8−0.709%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,445.6−0.718%$702K$608K50xas long as short
StandX ZEC-USDlong+0.0100%1h1,456.1long leg$109K$4.8M30x
Polymarket Perps ZEC-USD+0.0100%1h1,457+0.062%$351K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457+0.064%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.3+0.015%$443K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,459.4+0.226%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457.9+0.125%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,457.7+0.112%$2.4M$25.0M75xas long as short
Phemex ZECUSDTshort+0.0100%8h1,457.2+0.073%$3.8M$5.4M50x
Phoenix ZEC+0.0103%1h1,452.1−0.277%$4.5M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,458.2+0.145%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.7+0.114%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,458+0.132%$870K$1.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,457.3+0.080%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0454%1h1,452.1−0.272%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,459.6+0.239%$746K$8.0M10xas long as short
Lighter RH ZEC+0.0680%1h1,460+0.271%$2.0M$8.5M10xas long as short