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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h +0.013%
Price spread now: RISEx against Variational Omni+0.215%7-day average +0.054% · 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)+0.193%+$19 on $10k
Price spread, last 7 days−0.213%−$21 · spread now +0.215%, 7d avg +0.054%
Together, before fees−0.019%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and RISEx is 0.161% dearer against Variational Omni than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEC1,466.7−0.0034get 0.0034% / 8h1h 09m$46.6M$33.4M
ShortRISEx ZEC/USDC1,469.80.0190get 0.0024% / 1h9m 35s$844K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$47.06
Price spread: +0.215% → +0.054%
$16.12
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee RISEx: 3 bp × 2 orders
−$6
Net
$57.18
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; RISEx: live order book, 4 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, 5 min ago2.76 bpdoesn't fit3.2 bp −$3210.1 bp −$1,006doesn't fit
Sell RISEx live order book, 4 min ago0.55 bp3.5 bp −$48.0 bp −$80doesn'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−0.3310%1h1,469.5+0.193%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,467.9+0.080%$17.8M$44.5M25xas long as short
Ondo Perps ZEC-USD.P−0.0243%1h1,466.9+0.015%$398K$515K5xas long as short
BloFin ZEC-USDT−0.0101%8h1,468+0.090%$29.2M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.6+0.197%$6K$2K10xas long as short
Bybit ZECUSDT−0.0074%8h1,468+0.089%$271.8M$665.9M75xas long as short
Variational Omni ZEClong−0.0034%8h1,466.7long leg$46.6M$33.4M
dYdX ZEC-USD0.0000%1h1,469.5+0.190%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.6+0.131%$889K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,467.3+0.041%$83K$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%1h1,468.2+0.100%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0009%8h1,467.8+0.075%$293K$1.4M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0009%1h1,467.9+0.079%$359K100xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,468.8+0.141%$177.7M$1.35B50xas long as short
Gate ZEC_USDT+0.0045%8h1,469.2+0.174%$50.0M$187.1M75xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0047%1h1,468.7+0.134%$598K$1.3M25xas long as short
01 Exchange ZECUSD+0.0064%1h1,469.7+0.206%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,468.2+0.102%$4.6M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0088%1h1,467.7+0.068%$430K$825K50xas long as short
Popdex ZECUSDT+0.0096%1h1,469+0.156%$174K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,469.9+0.217%$13K$823K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,469.1+0.164%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470+0.224%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,470.7+0.274%$763.1M$477.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.3+0.176%$15.6M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,469.9+0.220%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.2+0.169%$677.7M$2.47B75xas long as short
Bulk ZEC-USD+0.0100%1h1,467.7+0.072%$906K$27K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,469.4+0.188%$222.4M$870.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.4+0.184%$103.8M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.8+0.145%$162.7M$303.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,469+0.160%$102.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,467.4+0.052%$511K$9.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.5+0.052%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,468.3+0.111%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.9+0.151%$346K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.5+0.056%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.3−0.025%$447K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,470.5+0.261%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.6+0.062%$223K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.9+0.017%$2.5M$23.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.3+0.111%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,469.7+0.202%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.8+0.073%$37K$366K20xas long as short
Lighter ZEC+0.0120%1h1,471+0.294%$19.0M$52.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0187%1h1,468.8+0.143%$2.4M$3.7M15xas long as short
RISEx ZEC/USDCshort+0.0190%1h1,469.8+0.215%$844K$1.3M10x
Lighter RH ZEC+0.0416%1h1,471.8+0.349%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,470.1+0.231%$3.8M$11.5M50xas long as short
Arcus ZEC-USD+0.0444%1h1,470.3+0.245%$724K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0587%1h1,467.9+0.080%$41K$34K10xas long as short