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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h −0.025%
Price spread now: 01 Exchange against SunX−0.282%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.282% cheaper against SunX than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,480.70.0100pay 0.0100% / 8h6h 29m$3K$1.2M20x
Short01 Exchange ZECUSD1,476.60.0064get 0.0008% / 1h29m 21s$8K$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$7.56
Price spread: −0.282% → 0.000%
−$28.23
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$50.79
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 4 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 4 min ago29.02 bp50.2 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0012%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%43m1,476−0.321%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,474.1−0.446%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0028%8h1,474−0.455%$294K$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%1h1,474.3−0.433%$386K100xas long as short
01 Exchange ZECUSDshort+0.0064%1h1,476.6−0.282%$8K$9K5x
Phoenix ZEC+0.0070%1h1,478.2−0.170%$4.7M$1.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0095%8h1,474−0.457%$181.1M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,476.3−0.301%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,476.2−0.305%$16K$840K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,477.2−0.240%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,476.6−0.279%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,477.1−0.246%$768.7M$444.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,476.9−0.262%$14.9M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,477.3−0.236%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,474.6−0.417%$681.1M$2.33B75xas long as short
Bybit ZECUSDT+0.0100%8h1,473.9−0.465%$271.9M$620.2M75xas long as short
Bulk ZEC-USD+0.0100%1h1,470.5−0.693%$893K$19K10xas long as short
Gate ZEC_USDT+0.0100%8h1,474.6−0.415%$50.2M$175.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,474.9−0.392%$216.9M$798.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,475.6−0.344%$103.7M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,475.8−0.334%$164.0M$284.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,475.2−0.371%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,476.8−0.269%$575K$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%1h1,476.9−0.263%$429K$907K50xas long as short
StandX ZEC-USD+0.0100%1h1,478−0.182%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,476−0.320%$340K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,474.4−0.426%$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%1h1,476.6−0.280%$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%1h1,478−0.187%$679K$8.7M10xas long as short
Lighter ZEC+0.0264%1h1,478.6−0.147%$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%1h1,478.8−0.134%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,477.2−0.238%$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+0.0725%1h1,475−0.391%$44K$46K10xas long as short