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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Nado against Aevo+0.054%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$400.405% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.006%+$1 on $10k
Price spread, last 3 days (all we have)−0.186%−$19 · spread now +0.054%, 7d avg +0.027%
Together, before fees−0.180%+ Points / potential airdropNado: Active · farm board−$18 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: Nado is 0.028% dearer against Aevo than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,469.90.0104pay 0.0013% / 1h27m 04s$55K$168K20x
ShortNado ZEC-PERP1,470.70.0100get 0.0012% / 1h27m 04s$2.6M$6.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Aevo. 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
−$0.84
Price spread: +0.054% → +0.027%
$2.76
Slippage, 4 orders
−$17.46
Fee Aevo: 8 bp × 2 orders
−$16
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$38.54
Costs to cover
0.405%
Break-even
never at this rate
Slippage from Aevo: live order book, 47 min ago; Nado: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 47 min ago2.68 bp13.5 bp −$1324.6 bp −$24638.5 bp −$3,848doesn't fit
Sell Nado live order book, 2 min ago0.14 bp4.3 bp −$411.4 bp −$114doesn'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−0.3321%1h1,471.8+0.125%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,470.3+0.024%$17.8M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0111%1h1,467.9−0.139%$399K$517K5xas long as short
BloFin ZEC-USDT−0.0109%8h1,469.8−0.009%$29.7M$73.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.6+0.047%$6K$2K10xas long as short
Variational Omni ZEC−0.0053%8h1,469−0.061%$47.6M$33.8Mas long as short
Bybit ZECUSDT−0.0007%8h1,469.2−0.048%$273.8M$634.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,470.8+0.057%$414K$103K5xas long as short
Kalshi KXZECPERP0.0000%8h1,470.8+0.057%$959K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,469.6−0.021%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,470+0.006%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,469.9−0.006%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,469.7−0.014%$293K$1.2M20xas long as short
OKX ZEC-USDT-SWAP+0.0051%8h1,468.7−0.085%$181.9M$1.30B50xas long as short
Phoenix ZEC+0.0054%1h1,473.1+0.217%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,469.9−0.001%$378K100xas long as short
Popdex ZECUSDT+0.0096%1h1,470.2+0.017%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,469.7−0.015%$20K$838K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471+0.074%$61K$39K10xas long as short
Nado ZEC-PERPshort+0.0100%1h1,470.7+0.054%$2.6M$6.6M10x
Hyperliquid ZEC+0.0100%1h1,470.4+0.031%$762.6M$455.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.9−0.005%$14.9M$31.7M75xas long as short
Pacifica ZEC+0.0100%1h1,470.8+0.056%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,469−0.063%$684.0M$2.37B75xas long as short
Arcus ZEC-USD+0.0100%1h1,471.5+0.103%$699K$8.5M10xas long as short
Gate ZEC_USDT+0.0100%8h1,469.1−0.060%$51.2M$179.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,469.9−0.006%$230.8M$826.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.9−0.005%$104.7M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,469.1−0.057%$163.5M$292.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,469.3−0.045%$100.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.8+0.061%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.9+0.067%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470.1+0.009%$430K$868K50xas long as short
StandX ZEC-USD+0.0100%1h1,472.6+0.179%$110K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470+0.004%$340K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,470+0.006%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.1−0.123%$458K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.5+0.170%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.9−0.006%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470.1+0.009%$2.5M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.4+0.028%$3.9M$5.3M50xas long as short
Bulk ZEC-USD+0.0100%1h1,471.7+0.120%$895K$24K10xas long as short
Extended ZEC-USD+0.0104%1h1,469.9−0.003%$3.2M$7.0M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,469.9long leg$55K$168K20x
Deribit ZEC_USDC-PERPETUAL+0.0138%1h1,470.7+0.052%$605K$1.3M25xas long as short
Lighter ZEC+0.0208%1h1,471.7+0.119%$19.2M$50.4M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,470.4+0.029%$852K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,472.1+0.147%$3.8M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0539%1h1,470.1+0.008%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0771%1h1,471.3+0.094%$44K$46K10xas long as short
Lighter RH ZEC+0.0792%1h1,471.9+0.133%$2.0M$8.1M10xas long as short