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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.002%
Price spread now: Popdex against SunX−0.118%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1271.275% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.013%−$1 on $10k
Price spread, last 4 days (all we have)−0.931%−$93 · spread now −0.118%, 7d avg −0.110%
Together, before fees−0.944%−$94 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,512.30.0100pay 0.0100% / 8h7h 22m$3K$1.2M20x
ShortPopdex ZECUSDT1,510.50.0096get 0.0012% / 1h22m 58s$172K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$0.84
Price spread: −0.118% → −0.110%
−$0.75
Slippage, 4 orders
−$113.09
Fee SunX: 4 bp × 2 orders
−$8
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$129.08
Costs to cover
1.275%
Break-even
never at this rate
Slippage from SunX: live order book, 10 min ago; Popdex: 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, 10 min ago29.05 bp49.3 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell Popdex live order book, 1 min ago1.79 bp5.4 bp −$512.5 bp −$125doesn'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−0.3702%1h1,488.8−1.550%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,510−0.153%$62K$304K10xas long as short
Aftermath Perps ZECUSD−0.0225%1h1,506.9−0.356%$48K$58K10xas long as short
BloFin ZEC-USDT−0.0167%8h1,510−0.150%$31.8M$76.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,508.8−0.231%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,508.4−0.256%$417K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,510.6−0.110%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,510.4−0.122%$5.4M150xas long as short
Kraken Futures PF_ZECUSD+0.0019%1h1,510.5−0.117%$18.4M$47.5M25xas long as short
01 Exchange ZECUSD+0.0024%1h1,510.3−0.134%$8K$6K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0082%1h1,509.5−0.186%$4.8M$1.4M10xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,510−0.151%$305K$860K20xas long as short
Lighter ZEC+0.0096%1h1,511.6−0.045%$19.6M$45.2M20xas long as short
Lighter RH ZEC+0.0096%1h1,511.6−0.046%$2.1M$7.6M10xas long as short
Popdex ZECUSDTshort+0.0096%1h1,510.5−0.118%$172K$1.8M50x
Katana Perps ZEC-USD+0.0100%8h1,510−0.153%$16K$895K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,510−0.152%$62K$16K10xas long as short
Nado ZEC-PERP+0.0100%1h1,509.5−0.181%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,510.4−0.124%$789.8M$441.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,509.8−0.161%$14.2M$30.1M75xas long as short
Pacifica ZEC+0.0100%1h1,509.8−0.163%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,510.4−0.121%$712.6M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,509.4−0.192%$272.1M$616.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,509.9−0.155%$184.9M$1.38B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,508.6−0.243%$409K$547K5xas long as short
Arcus ZEC-USD+0.0100%1h1,510.7−0.103%$596K$8.9M10xas long as short
Bulk ZEC-USD+0.0100%1h1,503.8−0.563%$774K$147K10xas long as short
Gate ZEC_USDT+0.0100%8h1,510.2−0.135%$61.0M$186.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,510.5−0.115%$407.5M$838.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,510.2−0.140%$103.5M$56.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,510−0.149%$163.5M$295.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,509.4−0.192%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,506.5−0.385%$49.9M$35.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,508.4−0.253%$557K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,508.2−0.266%$3.1M$541K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,504.9−0.485%$413K$952K50xas long as short
StandX ZEC-USD+0.0100%1h1,509.5−0.184%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,510.7−0.104%$375K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,510.4−0.125%$169K$192K20xas long as short
Derive ZEC-PERP+0.0100%1h1,502−0.678%$449K$419K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,512.3long leg$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,510.4−0.124%$255K$3.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,509.7−0.167%$2.7M$21.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,510.5−0.114%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,509.8−0.166%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,510.3−0.127%$45K$153K20xas long as short
RISEx ZEC/USDC+0.0157%1h1,510.2−0.139%$954K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0162% / S −0.0167%1h1,510.1−0.143%$335K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0184%1h1,511.4−0.059%$692K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0209%1h1,510.9−0.094%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,510.1−0.142%$3.8M$10.0M50xas long as short