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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Polymarket Perps against SunX−0.212%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1301.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.324%−$32 on $10k
Price spread, last 3 days (all we have)+0.259%+$26 · spread now −0.212%, 7d avg −0.112%
Together, before fees−0.065%−$7 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: Polymarket Perps is 0.100% cheaper against SunX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,480.70.0100pay 0.0100% / 8h6h 30m$3K$1.2M20x
ShortPolymarket Perps ZEC-USD1,477.60.0100get 0.0013% / 1h30m 09s$340K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: −0.212% → −0.112%
−$10.03
Slippage, 4 orders
−$113.91
Fee SunX: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$139.94
Costs to cover
1.299%
Break-even
never at this rate
Slippage from SunX: live order book, 3 min ago; Polymarket Perps: live order book, 3 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, 3 min ago29.02 bp50.2 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 3 min ago1.70 bp6.3 bp −$610.6 bp −$106doesn't fitdoesn't fit

ZEC on 50 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−0.3678%1h1,473.5−0.492%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,478.6−0.146%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0007%1h1,471.7−0.611%$400K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,477.5−0.217%$18.1M$43.6M25xas long as short
dYdX ZEC-USD0.0000%1h1,477.8−0.200%$416K$55K5xas long as short
Kalshi KXZECPERP0.0000%8h1,478.4−0.156%$977K$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,477.6−0.209%$84K$258K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,477.7−0.208%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0027%8h1,477.2−0.236%$295K$1.1M20xas long as short
Variational Omni ZEC+0.0040%8h1,476.4−0.295%$48.0M$33.0Mas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,477.4−0.224%$386K100xas long as short
01 Exchange ZECUSD+0.0064%1h1,478−0.184%$8K$9K5xas long as short
Phoenix ZEC+0.0070%1h1,474.3−0.435%$4.7M$1.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0094%8h1,477.8−0.199%$181.6M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,477.8−0.201%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,477−0.253%$16K$840K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,478.3−0.164%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,477.9−0.194%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,478.9−0.124%$769.6M$444.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,478.1−0.178%$14.9M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,478.7−0.141%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,477.9−0.190%$682.7M$2.33B75xas long as short
Bybit ZECUSDT+0.0100%8h1,477.5−0.218%$272.6M$622.4M75xas long as short
Bulk ZEC-USD+0.0100%1h1,470.5−0.693%$893K$19K10xas long as short
Gate ZEC_USDT+0.0100%8h1,477.8−0.202%$50.3M$175.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,477.9−0.191%$217.9M$798.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,477.6−0.211%$103.9M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,477.8−0.199%$164.2M$284.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,477.8−0.201%$101.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.3−0.641%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473−0.523%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,471.9−0.599%$428K$907K50xas long as short
StandX ZEC-USD+0.0100%1h1,476.4−0.294%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USDshort+0.0100%1h1,477.6−0.212%$340K$1.8M10x
Bullet ZEC-USD+0.0100%1h1,477.8−0.198%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,475.9−0.326%$459K$510K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,480.7long leg$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,477.4−0.226%$244K$3.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,477.5−0.217%$2.6M$19.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,477.9−0.194%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,477.2−0.241%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,477.3−0.235%$48K$167K20xas long as short
Arcus ZEC-USD+0.0254%1h1,479.4−0.091%$680K$8.7M10xas long as short
Lighter ZEC+0.0264%1h1,479−0.118%$19.3M$48.1M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0279%1h1,478.1−0.181%$615K$1.3M25xas long as short
Lighter RH ZEC+0.0304%1h1,479.4−0.093%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,478.6−0.146%$869K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,480−0.050%$3.7M$9.6M50xas long as short
Backpack ZEC_USDC_PERP+0.0517%1h1,478.3−0.165%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0724%1h1,474.4−0.430%$44K$46K10xas long as short