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+0.0044%/8h= +4.8% APRpaid last 24h +0.006%
Price spread now: Binance against 01 Exchange+0.218%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.218% dearer against 01 Exchange than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ZECUSD1,458.40.0056pay 0.0007% / 1h50m 13s$8K$8K5x
ShortBinance ZECUSDT1,461.50.0100get 0.0100% / 8h1h 50m$670.4M$2.52B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against 01 Exchange. 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
$9.24
Price spread: +0.218% → 0.000%
$21.81
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Binance: 5 bp × 2 orders
−$10
Net
$14.05
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Binance: live order book, 9 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 01 Exchange no order-book sample
Sell Binance live order book, 9 min ago0.03 bp5.7 bp −$67.2 bp −$7210.4 bp −$1,036doesn't fit
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 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%1h1,462.9+0.314%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0406%1h1,461.7+0.226%$17.8M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0105%1h1,458.3−0.004%$397K$515K5xas long as short
BloFin ZEC-USDT−0.0094%8h1,459+0.047%$29.1M$75.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,458.1−0.018%$6K$2K10xas long as short
Bybit ZECUSDT−0.0045%8h1,460.8+0.167%$269.4M$678.4M75xas long as short
Variational Omni ZEC−0.0023%8h1,459.1+0.053%$46.4M$34.1Mas long as short
ApeX Omni ZECUSDT−0.0002%1h1,461.6+0.219%$429K$817K50xas long as short
dYdX ZEC-USD0.0000%1h1,458.8+0.028%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,460.1+0.116%$889K$5.7M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,457.3−0.073%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,462.2+0.263%$595K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.5−0.057%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0078%1h1,457.1−0.083%$557K100xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,460.9+0.173%$292K$1.5M20xas long as short
OKX ZEC-USDT-SWAP+0.0052%8h1,461.4+0.209%$175.1M$1.36B50xas long as short
Bulk ZEC-USD+0.0054%1h1,460.6+0.152%$899K$25K10xas long as short
01 Exchange ZECUSDlong+0.0056%1h1,458.4long leg$8K$8K5x
Gate ZEC_USDT+0.0058%8h1,461.6+0.224%$49.7M$183.8M75xas long as short
Phoenix ZEC+0.0075%1h1,467+0.592%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,458.2−0.008%$14K$862K10xas long as short
Lighter ZEC+0.0096%1h1,462.9+0.314%$18.9M$52.3M20xas long as short
Popdex ZECUSDT+0.0096%1h1,457.7−0.045%$172K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.3−0.074%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,458.7+0.024%$2.5M$7.0M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462.5+0.284%$757.6M$489.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,457.7−0.048%$15.3M$33.6M75xas long as short
Pacifica ZEC+0.0100%1h1,458.6+0.019%$1.6M$3.1M10xas long as short
Binance ZECUSDTshort+0.0100%8h1,461.5+0.218%$670.4M$2.52B75x
MEXC ZEC_USDT+0.0100%8h1,461.4+0.209%$219.4M$852.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,461.3+0.204%$103.1M$56.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,461.6+0.220%$162.1M$309.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,461.5+0.213%$104.0Mas long as short
edgeX ZECUSDC+0.0100%4h1,461.1+0.189%$509K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,466.2+0.540%$3.0M$492K10xas long as short
StandX ZEC-USD+0.0100%1h1,460.4+0.136%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.9−0.032%$343K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.3−0.074%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,459.2+0.057%$446K$503K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,463.6+0.362%$4K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,461.2+0.192%$222K$4.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,462+0.252%$2.4M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,461.5+0.216%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,461.9+0.242%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,461.4+0.207%$36K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,458.6+0.014%$840K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0229%1h1,462.7+0.295%$2.3M$4.0M15xas long as short
Lighter RH ZEC+0.0416%1h1,463.4+0.346%$2.0M$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,463.7+0.369%$3.7M$11.6M50xas long as short
Arcus ZEC-USD+0.0444%1h1,459.6+0.084%$746K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0515%1h1,462.6+0.288%$40K$34K10xas long as short