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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%
Price spread now: SoDEX against SunX−0.157%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1271.265% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.027%−$3 on $10k
Price spread, last 4 days (all we have)+0.416%+$42 · spread now −0.157%, 7d avg −0.098%
Together, before fees+0.389%+$39 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: SoDEX is 0.059% cheaper against SunX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,457.30.0100pay 0.0100% / 8h3h 57m$3K$1.2M20x
ShortSoDEX ZEC-USD1,4550.0100get 0.0013% / 1h57m 44s$233K$3.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.157% → −0.098%
−$5.89
Slippage, 4 orders
−$110.5
Fee SunX: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$132.4
Costs to cover
1.265%
Break-even
never at this rate
Slippage from SunX: live order book, 5 min ago; SoDEX: 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, 5 min ago29.01 bp49.7 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell SoDEX live order book, 1 min ago0.07 bp4.1 bp −$414.8 bp −$148101.1 bp −$10.1Kdoesn'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−0.3042%1h1,459.7+0.164%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,455.6−0.113%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,456.6−0.046%$29.5M$70.8M75xas long as short
dYdX ZEC-USD0.0000%1h1,455.6−0.114%$410K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,455.9−0.095%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,455.3−0.138%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,454.9−0.161%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,454.9−0.166%$291K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0071% / S −0.0023%1h1,455−0.160%$408K100xas long as short
Popdex ZECUSDT+0.0096%1h1,455.3−0.139%$173K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,455.6−0.119%$10K$858K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,455.2−0.142%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,455.6−0.112%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,455.3−0.133%$14.7M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,455.7−0.108%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,454.9−0.166%$668.3M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,454.3−0.204%$261.1M$602.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,455−0.156%$177.9M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458+0.049%$396K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5+0.018%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,455.9−0.093%$50.5M$169.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,455.1−0.147%$214.5M$763.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,455.7−0.108%$102.7M$53.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,455.2−0.142%$165.4M$271.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,454.3−0.202%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,457.6+0.023%$47.8M$32.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,457.9+0.045%$567K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.1+0.126%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,459.1+0.124%$405K$942K50xas long as short
StandX ZEC-USD+0.0100%1h1,458.3+0.072%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.9−0.163%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,455.2−0.145%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,453.7−0.243%$444K$521K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,457.3long leg$3K$1.2M20x
SoDEX ZEC-USDshort+0.0100%1h1,455−0.157%$233K$3.4M10x
HTX ZEC-USDT+0.0100%8h1,454.2−0.211%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,455.7−0.109%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,455.4−0.127%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,454.9−0.165%$47K$151K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,455.4−0.129%$8K$7K5xas long as short
Phoenix ZEC+0.0123%1h1,458.7+0.096%$4.6M$1.3M10xas long as short
Hyperliquid ZEC+0.0128%1h1,457−0.019%$757.9M$431.7M10xas long as short
Backpack ZEC_USDC_PERP+0.0131%1h1,455.9−0.097%$2.4M$3.9M15xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0189%1h1,455.5−0.119%$614K$1.3M25xas long as short
Lighter RH ZEC+0.0208%1h1,456.8−0.033%$2.1M$6.9M10xas long as short
RISEx ZEC/USDC+0.0216%1h1,455.3−0.136%$921K$1.1M10xas long as short
Lighter ZEC+0.0232%1h1,456.9−0.029%$19.2M$44.7M20xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,455−0.159%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,457−0.019%$684K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,456.8−0.032%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0675%1h1,458+0.049%$45K$49K10xas long as short