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−0.0126%/8h= −13.8% APRpaid last 24h −0.008%
Price spread now: Variational Omni against StandX−0.176%7-day average −0.041% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.015%−$1 on $10k
Price spread, last 7 days+0.179%+$18 · spread now −0.176%, 7d avg −0.041%
Together, before fees+0.164%+ Points / potential airdropStandX: Active · Variational Omni: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.135% cheaper against StandX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.041%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ZEC-USD1,454.30.0100pay 0.0013% / 1h47m 22s$109K$4.8M30x
ShortVariational Omni ZEC1,451.7−0.0026pay 0.0026% / 8h2h 47m$45.5M$32.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$26.45
Price spread: −0.176% → −0.041%
−$13.46
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$47.91
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: StandX: live order book, 2 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

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 ago4.20 bp10.1 bp −$1011.4 bp −$114doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago2.75 bpdoesn't fit6.2 bp −$6216.1 bp −$1,609doesn'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%1h1,437.8−1.131%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,454.8+0.034%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,451.8−0.166%$17.6M$44.4M25xas long as short
BloFin ZEC-USDT−0.0066%8h1,453−0.085%$28.9M$75.2M75xas long as short
Variational Omni ZECshort−0.0026%8h1,451.7−0.176%$45.5M$32.1M
Bybit ZECUSDT−0.0007%8h1,452.1−0.150%$269.0M$674.5M75xas long as short
dYdX ZEC-USD0.0000%1h1,454.9+0.041%$410K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,455.7+0.100%$849K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,453.7−0.037%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,453.2−0.070%$566K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,453.2−0.072%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0009%8h1,452.7−0.109%$291K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0037% / S +0.0066%1h1,452.8−0.097%$543K100xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,452.7−0.107%$172.1M$1.36B50xas long as short
Aster ZECUSDT+0.0062%8h1,453.4−0.061%$15.3M$35.1M75xas long as short
Gate ZEC_USDT+0.0063%8h1,452.9−0.093%$49.1M$185.6M75xas long as short
01 Exchange ZECUSD+0.0072%1h1,454.30.000%$8K$8K5xas long as short
Ondo Perps ZEC-USD.P+0.0075%1h1,452.8−0.100%$394K$518K5xas long as short
Katana Perps ZEC-USD+0.0095%8h1,454.1−0.014%$17K$879K10xas long as short
Lighter ZEC+0.0096%1h1,453.4−0.061%$18.7M$53.9M20xas long as short
Popdex ZECUSDT+0.0096%1h1,453.7−0.038%$177K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,453.3−0.065%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,453.6−0.047%$3.0M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,453.8−0.032%$751.8M$494.2M10xas long as short
Pacifica ZEC+0.0100%1h1,454.1−0.014%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,452.9−0.096%$658.8M$2.54B75xas long as short
Bulk ZEC-USD+0.0100%1h1,455+0.048%$896K$37K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,453−0.090%$218.8M$882.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,453.8−0.031%$103.4M$56.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,452.6−0.114%$161.9M$315.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,453.2−0.076%$107.0Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,455.9+0.109%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,453.4−0.056%$487K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,454.1−0.012%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,452.6−0.111%$706K$606K50xas long as short
StandX ZEC-USDlong+0.0100%1h1,454.3long leg$109K$4.8M30x
Polymarket Perps ZEC-USD+0.0100%1h1,453.2−0.073%$298K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,452.6−0.112%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451.5−0.191%$441K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,456.7+0.166%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.2−0.142%$219K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,453.3−0.066%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,451.9−0.163%$3.7M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,453.6−0.043%$4.6M$1.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,452.8−0.099%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,454.30.000%$863K$2.5M10xas long as short
Extended ZEC-USD+0.0232%1h1,452.7−0.108%$3.3M$7.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,454.7+0.032%$3.7M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0459%1h1,453.7−0.035%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,455.8+0.107%$751K$7.8M10xas long as short
Lighter RH ZEC+0.0736%1h1,455.8+0.108%$1.9M$8.4M10xas long as short