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+0.0119%/8h= +13.0% APRpaid last 24h +0.006%
Price spread now: RISEx against SunX−0.104%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1291.293% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.175%+$17 on $10k
Price spread, last 3 days (all we have)−0.204%−$20 · spread now −0.104%, 7d avg −0.066%
Together, before fees−0.029%−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.038% cheaper against SunX than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of −0.066%). If the spread goes back, that is −$4 on $10k: about 26 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,456.80.0100pay 0.0100% / 8h2h 23m$3K$1.3M20x
ShortRISEx ZEC/USDC1,455.30.0219get 0.0027% / 1h23m 11s$868K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$24.98
Price spread: −0.104% → −0.066%
−$3.79
Slippage, 4 orders
−$115.26
Fee SunX: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$108.07
Costs to cover
1.293%
Break-even
37.3 days
Slippage from SunX: live order book, 11 min ago; RISEx: live order book, 6 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, 11 min ago29.04 bp50.0 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell RISEx live order book, 6 min ago2.51 bp5.5 bp −$610.5 bp −$105doesn'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−0.3476%1h1,433.1−1.624%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0086%8h1,454.8−0.137%$28.6M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,455.8−0.071%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,454.6−0.149%$17.7M$44.7M25xas long as short
dYdX ZEC-USD0.0000%1h1,455.1−0.120%$410K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,455.4−0.100%$933K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,454.4−0.163%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,455.4−0.098%$592K$1.3M25xas long as short
Variational Omni ZEC+0.0005%8h1,459.3+0.170%$45.7M$33.1Mas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,455.1−0.118%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0009%8h1,454.4−0.168%$267.5M$677.1M75xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,454.7−0.146%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0023% / S +0.0072%1h1,454.6−0.149%$565K100xas long as short
01 Exchange ZECUSD+0.0056%1h1,454.8−0.137%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0059%8h1,455.1−0.115%$173.0M$1.36B50xas long as short
Gate ZEC_USDT+0.0077%8h1,454.9−0.128%$49.4M$190.2M75xas long as short
Aster ZECUSDT+0.0092%8h1,455.2−0.110%$15.3M$34.6M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,454.6−0.149%$13K$871K10xas long as short
Lighter ZEC+0.0096%1h1,456.4−0.026%$18.8M$54.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,454.6−0.149%$172K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,454.8−0.139%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456−0.052%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,455.7−0.076%$752.4M$493.8M10xas long as short
Pacifica ZEC+0.0100%1h1,455.1−0.120%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,455−0.123%$663.4M$2.54B75xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458.6+0.124%$395K$522K5xas long as short
Bulk ZEC-USD+0.0100%1h1,445−0.809%$890K$32K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,455−0.124%$215.4M$896.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,455.3−0.106%$103.0M$57.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,455.1−0.118%$161.0M$313.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,454.2−0.178%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,455.8−0.067%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,457.3+0.038%$490K$9.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.6+0.194%$3.0M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458.8+0.134%$455K$800K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.6−0.011%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.3−0.172%$346K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,454.3−0.172%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,453.5−0.223%$442K$498K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,456.8long leg$3K$1.3M20x
SoDEX ZEC-USD+0.0100%1h1,454.9−0.131%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,455.2−0.110%$2.4M$25.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,455.2−0.113%$3.8M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,460.3+0.243%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,455.1−0.116%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,454.5−0.155%$36K$362K20xas long as short
RISEx ZEC/USDCshort+0.0219%1h1,455.3−0.104%$868K$1.9M10x
Coinbase International ZEC-PERP-INTX+0.0440%1h1,456.5−0.019%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0448%1h1,454.9−0.130%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,456.8−0.002%$750K$8.0M10xas long as short
Lighter RH ZEC+0.0648%1h1,457.1+0.021%$1.9M$8.5M10xas long as short