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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: SunX against Variational Omni+0.373%45s7-day average +0.164% · 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 4 days (all we have)+0.025%+$2 on $10k
Price spread, last 4 days (all we have)−0.368%−$37 · spread now +0.373%, 7d avg +0.164%
Together, before fees−0.343%+ Points / potential airdropVariational Omni: Active · farm board−$34 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: SunX is 0.209% dearer against Variational Omni than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.164%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEC1,458.80.0100pay 0.0100% / 8h3h 12m$47.8M$32.5M
ShortSunX ZEC-USDT1,464.20.0100get 0.0100% / 8h3h 12m$3K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +0.373% → +0.164%
$20.92
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
$12.92
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; SunX: live order book, 11 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 ago2.77 bpdoesn't fit5.4 bp −$5413.5 bp −$1,352doesn't fit
Sell SunX live order book, 11 min ago29.02 bp69.3 bp −$69doesn't fitdoesn'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−0.3042%1h1,461.1+0.156%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,463.4+0.314%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,461.9+0.210%$29.6M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,462.8+0.276%$407K$40K5xas long as short
Perpl ZEC0.0000%43m1,461.5+0.186%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,461.8+0.210%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,461.6+0.195%$292K$916K20xas long as short
Ondo Perps ZEC-USD.P+0.0078%1h1,460.4+0.111%$396K$435K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0087% / S −0.0039%1h1,461.8+0.206%$436K100xas long as short
Popdex ZECUSDT+0.0096%1h1,462.9+0.284%$175K$1.6M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,464.1+0.365%$14K$804K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,463+0.291%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.1+0.228%$2.8M$6.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,463+0.291%$14.5M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,462.8+0.278%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,462.9+0.285%$673.5M$2.17B75xas long as short
Bybit ZECUSDT+0.0100%8h1,462.3+0.243%$262.0M$589.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,462.8+0.278%$179.5M$1.21B50xas long as short
Bulk ZEC-USD+0.0100%1h1,460.6+0.125%$882K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,462.8+0.278%$52.3M$172.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,462.6+0.259%$220.3M$772.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,462.8+0.274%$103.2M$53.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,463.1+0.295%$166.1M$268.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,462.8+0.275%$106.6Mas long as short
Variational Omni ZEClong+0.0100%8h1,458.8long leg$47.8M$32.5M
edgeX ZECUSDC+0.0100%4h1,460.1+0.089%$568K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,461.4+0.180%$3.0M$464K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458.6−0.010%$403K$944K50xas long as short
StandX ZEC-USD+0.0100%1h1,462.1+0.226%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,461.8+0.207%$356K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,461.7+0.197%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,460.7+0.131%$446K$504K6.7xas long as short
SunX ZEC-USDTshort+0.0100%8h1,464.2+0.373%$3K$1.1M20x
SoDEX ZEC-USD+0.0100%1h1,461.7+0.199%$234K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,461.5+0.183%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,461.8+0.204%$3.8M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,462.9+0.284%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,461.4+0.183%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,462.7+0.268%$4.7M$1.3M10xas long as short
Lighter RH ZEC+0.0120%1h1,464.3+0.380%$2.1M$7.0M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,463.6+0.329%$8K$7K5xas long as short
Hyperliquid ZEC+0.0146%1h1,464.2+0.372%$763.0M$424.8M10xas long as short
Lighter ZEC+0.0168%1h1,463.5+0.324%$19.4M$45.4M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0183%1h1,462.7+0.266%$616K$1.3M25xas long as short
Kalshi KXZECPERP+0.0187%8h1,462.4+0.251%$1.5M$4.4M2.2xas long as short
RISEx ZEC/USDC+0.0216%1h1,463.3+0.309%$925K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0284%1h1,462.4+0.251%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0332%1h1,461.6+0.191%$18.1M$45.1M25xas long as short
Arcus ZEC-USD+0.0344%1h1,464.3+0.378%$685K$8.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,465.2+0.437%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0679%1h1,460.9+0.144%$45K$49K10xas long as short