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+0.0074%/8h= +8.1% APRnext payment +$0.74 per $10,000 · paid last 24h −0.002%
Price spread now: OKX against Variational Omni−0.403%7-day average +0.027% · 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)−0.029%−$3 on $10k
Price spread, last 7 days+0.409%+$41 · spread now −0.403%, 7d avg +0.027%
Together, before fees+0.380%+ Points / potential airdropVariational Omni: Active · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.430% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.403% now, against its 7-day average of +0.027%). If the spread goes back, that is −$43 on $10k: about 19 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEC1,467.5−0.0022get 0.0022% / 8h1h 53m$46.8M$34.4M
ShortOKX ZEC-USDT-SWAP1,461.60.0052get 0.0052% / 8h1h 53m$175.1M$1.37B50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$15.6
Price spread: −0.403% → +0.027%
−$42.99
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$37.39
Costs to cover
0.100%
Break-even
23.8 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; OKX: live order book, 6 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, 1 min ago2.77 bpdoesn't fit4.5 bp −$4516.4 bp −$1,636doesn't fit
Sell OKX live order book, 6 min ago0.03 bp5.2 bp −$56.7 bp −$6718.9 bp −$1,888doesn'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−0.3310%1h1,465.3−0.151%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0406%1h1,461.8−0.389%$17.8M$44.8M25xas long as short
Ondo Perps ZEC-USD.P−0.0104%1h1,466−0.104%$398K$518K5xas long as short
BloFin ZEC-USDT−0.0092%8h1,467.8+0.018%$29.0M$76.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,464−0.241%$6K$2K10xas long as short
Bybit ZECUSDT−0.0046%8h1,461.1−0.441%$270.1M$681.6M75xas long as short
Variational Omni ZEClong−0.0022%8h1,467.5long leg$46.8M$34.4M
Deribit ZEC_USDC-PERPETUAL−0.0002%1h1,462.9−0.315%$595K$1.3M25xas long as short
dYdX ZEC-USD0.0000%1h1,461.6−0.403%$412K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,465.5−0.137%$940K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,461.9−0.387%$83K$401K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463.3−0.291%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0078%1h1,462.9−0.317%$560K100xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,462.4−0.350%$293K$1.5M20xas long as short
01 Exchange ZECUSD+0.0048%1h1,461.4−0.417%$8K$8K5xas long as short
OKX ZEC-USDT-SWAPshort+0.0052%8h1,461.6−0.403%$175.1M$1.37B50x
Gate ZEC_USDT+0.0056%8h1,460.5−0.481%$49.9M$183.3M75xas long as short
Phoenix ZEC+0.0075%1h1,467−0.037%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,461.4−0.418%$14K$866K10xas long as short
Lighter ZEC+0.0096%1h1,462.2−0.360%$18.9M$52.3M20xas long as short
Popdex ZECUSDT+0.0096%1h1,461.4−0.419%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,460.9−0.455%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,461.9−0.383%$2.5M$7.0M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462.7−0.329%$758.8M$488.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,460.9−0.452%$15.3M$33.8M75xas long as short
Pacifica ZEC+0.0100%1h1,461.2−0.430%$1.7M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,461.5−0.410%$669.1M$2.53B75xas long as short
Bulk ZEC-USD+0.0100%1h1,460.8−0.459%$899K$25K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,460.7−0.468%$221.8M$850.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.7−0.468%$103.1M$57.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,461.6−0.405%$161.7M$310.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,460.5−0.478%$102.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,467.7+0.014%$511K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,466.2−0.088%$3.0M$492K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,466.8−0.048%$431K$818K50xas long as short
StandX ZEC-USD+0.0100%1h1,464.8−0.187%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,461.6−0.404%$342K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,461.1−0.436%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,461.2−0.428%$446K$503K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,464.7−0.191%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,462−0.376%$222K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,463−0.309%$2.4M$24.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,462.4−0.351%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,461−0.443%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,462.5−0.340%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,461.5−0.413%$842K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0324%1h1,462.4−0.352%$2.3M$4.0M15xas long as short
Lighter RH ZEC+0.0408%1h1,462.7−0.326%$2.0M$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,467.7+0.014%$3.7M$11.7M50xas long as short
Arcus ZEC-USD+0.0444%1h1,461.8−0.391%$739K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0517%1h1,465.1−0.165%$41K$34K10xas long as short