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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against SunX+0.009%7-day average −0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1371.372% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.407%−$41 on $10k
Price spread, last 3 days (all we have)+0.140%+$14 · spread now +0.009%, 7d avg −0.125%
Together, before fees−0.268%−$27 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: HTX is 0.134% dearer against SunX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.125%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,457.60.0100pay 0.0100% / 8h2h 28m$3K$1.3M20x
ShortHTX ZEC-USDT1,457.70.0100get 0.0100% / 8h2h 28m$2.4M$25.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0
Price spread: +0.009% → −0.125%
$13.38
Slippage, 4 orders
−$117.22
Fee SunX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$123.84
Costs to cover
1.372%
Break-even
never at this rate
Slippage from SunX: live order book, 6 min ago; HTX: live order book, 1 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 SunX live order book, 6 min ago29.04 bp50.0 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 1 min ago2.82 bp9.8 bp −$1015.6 bp −$15643.6 bp −$4,362doesn'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%1h1,433.1−1.677%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0092%8h1,453.5−0.283%$29.0M$75.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,456.1−0.102%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,455.6−0.135%$17.7M$44.7M25xas long as short
Variational Omni ZEC−0.0001%8h1,443−0.998%$45.4M$32.5Mas long as short
dYdX ZEC-USD0.0000%1h1,457.9+0.022%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,457.3−0.023%$914K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,455.7−0.131%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,456.5−0.074%$593K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,456.1−0.104%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0012%8h1,457.6−0.001%$268.3M$675.6M75xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,455.9−0.113%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0026% / S +0.0072%1h1,455.9−0.114%$547K100xas long as short
OKX ZEC-USDT-SWAP+0.0056%8h1,455.9−0.114%$172.5M$1.36B50xas long as short
01 Exchange ZECUSD+0.0072%1h1,455.9−0.118%$8K$8K5xas long as short
Gate ZEC_USDT+0.0079%8h1,455.8−0.121%$49.4M$189.8M75xas long as short
Aster ZECUSDT+0.0086%8h1,456.2−0.093%$15.4M$34.6M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,456.1−0.101%$13K$873K10xas long as short
Lighter ZEC+0.0096%1h1,458.4+0.058%$18.8M$54.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,456.5−0.078%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,456.6−0.067%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,455.6−0.135%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,456.3−0.085%$752.5M$496.2M10xas long as short
Pacifica ZEC+0.0100%1h1,457.4−0.014%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.3−0.019%$664.3M$2.53B75xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,441.6−1.097%$392K$516K5xas long as short
Bulk ZEC-USD+0.0100%1h1,445−0.863%$890K$32K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,455.7−0.129%$216.9M$893.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,455.6−0.134%$103.4M$56.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,455.7−0.130%$161.0M$313.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,455.6−0.140%$102.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,454.5−0.215%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,444.1−0.925%$485K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,445.8−0.812%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,445.6−0.821%$702K$608K50xas long as short
StandX ZEC-USD+0.0100%1h1,450.5−0.490%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.4−0.082%$350K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,455.7−0.133%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,454.6−0.205%$442K$493K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,457.6long leg$3K$1.3M20x
SoDEX ZEC-USD+0.0100%1h1,455.8−0.125%$221K$4.7M10xas long as short
HTX ZEC-USDTshort+0.0100%8h1,457.7+0.009%$2.4M$25.0M75x
Phemex ZECUSDT+0.0100%8h1,457.2−0.030%$3.8M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,452.1−0.379%$4.5M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,456−0.112%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,455.9−0.117%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,457.3−0.022%$870K$1.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,457.3−0.023%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0459%1h1,450.9−0.462%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,458.7+0.077%$754K$8.0M10xas long as short
Lighter RH ZEC+0.0680%1h1,458.4+0.056%$1.9M$8.5M10xas long as short