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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0037%/8h= +4.0% APRpaid last 24h −0.021%
Price spread now: dYdX against Variational Omni+0.355%7-day average +0.057% · you sell dearer than you buy
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)+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.347%+$35 · spread now +0.355%, 7d avg +0.057%
Together, before fees+0.357%+ Points / potential airdropVariational Omni: Active · farm board+$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and dYdX is 0.298% dearer against Variational Omni than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEC1,468.5−0.0037get 0.0037% / 8h57m 27s$46.8M$33.5M
ShortdYdX ZEC-USD1,473.70get 0.0000% / 1h57m 27s$415K$104K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Variational Omni. 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
$7.72
Price spread: +0.355% → +0.057%
$29.82
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
$27.54
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; dYdX: live order book, 22 min ago. 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 Variational Omni RFQ quote, 2 min ago2.79 bpdoesn't fit5.5 bp −$5510.3 bp −$1,034doesn't fit
Sell dYdX live order book, 22 min ago30.89 bp35.9 bp −$3646.5 bp −$46595.0 bp −$9,499327.1 bp −$163.6K

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−0.3089%1h1,472.3+0.259%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0272%1h1,472.6+0.281%$398K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,473.6+0.352%$17.9M$44.9M25xas long as short
BloFin ZEC-USDT−0.0109%8h1,473+0.309%$29.5M$75.7M75xas long as short
Bybit ZECUSDT−0.0081%8h1,473.6+0.348%$273.2M$666.1M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,474.1+0.383%$6K$2K10xas long as short
Variational Omni ZEClong−0.0037%8h1,468.5long leg$46.8M$33.5M
dYdX ZEC-USDshort0.0000%1h1,473.7+0.355%$415K$104K5x
Kalshi KXZECPERP0.0000%8h1,472.1+0.250%$898K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,473.8+0.363%$84K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,474.5+0.410%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0009%8h1,471.3+0.194%$294K$1.4M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0009%1h1,471.9+0.237%$366K100xas long as short
SoDEX ZEC-USD+0.0038%1h1,473.2+0.325%$226K$4.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,474.1+0.383%$179.8M$1.35B50xas long as short
01 Exchange ZECUSD+0.0040%1h1,473.8+0.365%$8K$8K5xas long as short
Gate ZEC_USDT+0.0046%8h1,473.9+0.367%$50.3M$183.5M75xas long as short
Phoenix ZEC+0.0075%1h1,470.8+0.159%$4.6M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,473.3+0.326%$177K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,473.8+0.360%$12K$828K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,473.4+0.338%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.4+0.407%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,475.2+0.459%$765.6M$479.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,474.2+0.391%$15.6M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,474.2+0.392%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,474.1+0.386%$681.3M$2.47B75xas long as short
Arcus ZEC-USD+0.0100%1h1,474.4+0.402%$715K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471.1+0.181%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,473.9+0.367%$225.4M$827.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.1+0.382%$104.2M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,474.2+0.390%$163.1M$303.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,473.1+0.313%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.8+0.161%$513K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,471+0.171%$3.0M$482K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,472.7+0.285%$432K$827K50xas long as short
StandX ZEC-USD+0.0100%1h1,472.1+0.246%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,473.9+0.370%$348K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,473.9+0.373%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.9+0.095%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475+0.446%$3K$1.2M20xas long as short
HTX ZEC-USDT+0.0100%8h1,471.7+0.217%$2.5M$23.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.8+0.363%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,473.9+0.372%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,474+0.379%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,473.9+0.371%$835K$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0135%1h1,472.4+0.267%$614K$1.3M25xas long as short
Lighter ZEC+0.0176%1h1,475.3+0.466%$19.1M$52.1M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,475.6+0.485%$3.8M$11.5M50xas long as short
Lighter RH ZEC+0.0464%1h1,475.8+0.498%$2.0M$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0618%1h1,472.4+0.269%$41K$34K10xas long as short
Backpack ZEC_USDC_PERP+0.0651%1h1,474.7+0.423%$2.4M$3.7M15xas long as short