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−0.0180%/8h= −19.7% APRpaid last 24h −0.054%
Price spread now: Hotstuff against SunX−0.374%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.374% cheaper against SunX than usual: you would sell low and buy high (−$37 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,457.20.0100pay 0.0100% / 8h2h 40m$3K$1.3M20x
ShortHotstuff ZEC-PERP1,451.8−0.0080pay 0.0010% / 1h40m 04s$6K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against SunX. 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
−$37.8
Price spread: −0.374% → 0.000%
−$37.4
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$88.2
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 4 min ago; Hotstuff: no order-book sample. 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 SunX live order book, 4 min ago29.05 bp49.2 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1,438.1−1.309%$33K$275K12xas long as short
Hotstuff ZEC-PERPshort−0.0080%1h1,451.8−0.374%$6K$2K10x
Kraken Futures PF_ZECUSD−0.0071%1h1,454.2−0.204%$17.7M$44.3M25xas long as short
BloFin ZEC-USDT−0.0066%8h1,451.4−0.401%$29.0M$74.8M75xas long as short
Variational Omni ZEC−0.0017%8h1,451.4−0.399%$45.5M$32.1Mas long as short
Bybit ZECUSDT−0.0005%8h1,452.9−0.295%$268.7M$674.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.8−0.370%$409K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,453.6−0.249%$844K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,454−0.221%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,455.1−0.147%$571K$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%1h1,454.5−0.187%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0012%8h1,454.4−0.192%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0034% / S +0.0068%1h1,454.5−0.184%$545K100xas long as short
OKX ZEC-USDT-SWAP+0.0049%8h1,453.5−0.255%$172.1M$1.35B50xas long as short
Ondo Perps ZEC-USD.P+0.0059%1h1,449.7−0.515%$394K$516K5xas long as short
01 Exchange ZECUSD+0.0064%1h1,453.2−0.272%$8K$8K5xas long as short
Gate ZEC_USDT+0.0064%8h1,453.4−0.263%$49.1M$186.4M75xas long as short
Aster ZECUSDT+0.0066%8h1,454−0.217%$15.3M$34.7M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,454.7−0.171%$17K$867K10xas long as short
Lighter ZEC+0.0096%1h1,455.5−0.115%$18.7M$54.0M20xas long as short
Popdex ZECUSDT+0.0096%1h1,454.8−0.165%$178K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,453.2−0.275%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,454.1−0.211%$3.0M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,454.2−0.208%$752.7M$496.1M10xas long as short
Pacifica ZEC+0.0100%1h1,452.9−0.292%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,453.5−0.254%$660.0M$2.53B75xas long as short
Bulk ZEC-USD+0.0100%1h1,452.5−0.323%$895K$33K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,453.7−0.240%$220.4M$886.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,454.1−0.213%$103.8M$56.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,453−0.288%$161.8M$313.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,453.4−0.258%$105.4Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,454.3−0.200%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,451.7−0.378%$487K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,453−0.287%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,451.9−0.365%$706K$606K50xas long as short
StandX ZEC-USD+0.0100%1h1,452−0.355%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.1−0.213%$298K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,454−0.220%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,453.1−0.284%$442K$493K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,457.2long leg$3K$1.3M20x
SoDEX ZEC-USD+0.0100%1h1,454.1−0.210%$220K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,454.1−0.211%$2.4M$24.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,453.9−0.226%$3.7M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,452.9−0.297%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,453−0.286%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,454.4−0.194%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,453.5−0.256%$864K$2.5M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,455.9−0.089%$3.7M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0448%1h1,453.5−0.255%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,454.9−0.157%$755K$7.9M10xas long as short
Lighter RH ZEC+0.0736%1h1,456.5−0.051%$1.9M$8.4M10xas long as short