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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.017%
Price spread now: RISEx against Aevo−0.001%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.415% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.201%+$20 on $10k
Price spread, last 4 days (all we have)−0.201%−$20 · spread now −0.001%, 7d avg +0.031%
Together, before fees0.000%$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.032% cheaper against Aevo than usual: you would sell low and buy high (spread −0.001% now, against its 7-day average of +0.031%). If the spread goes back, that is −$3 on $10k: about 2.1 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.201% in total) that is about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,494.20.0104pay 0.0013% / 1h3m 41s$45K$149K20x
ShortRISEx ZEC/USDC1,494.20.0154get 0.0019% / 1h3m 41s$932K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$10.57
Price spread: −0.001% → +0.031%
−$3.19
Slippage, 4 orders
−$19.49
Fee Aevo: 8 bp × 2 orders
−$16
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$34.11
Costs to cover
0.415%
Break-even
29.6 days
Slippage from Aevo: live order book, 45 min ago; RISEx: live order book, 5 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, 45 min ago3.44 bp14.3 bp −$1423.0 bp −$23034.4 bp −$3,439doesn't fit
Sell RISEx live order book, 5 min ago2.34 bp5.3 bp −$516.3 bp −$163doesn'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−0.3243%1h1,479.2−1.009%$34K$273K12xas long as short
Bulk ZEC-USD−0.0279%1h1,512.6+1.229%$914K$15K10xas long as short
BloFin ZEC-USDT−0.0119%8h1,495.2+0.066%$30.5M$73.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,495.5+0.086%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,493.6−0.040%$415K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,495.8+0.101%$1.7M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,495.3+0.067%$85K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,495+0.053%$5.3M150xas long as short
Orderly PERP_ZEC_USDC+0.0070%8h1,494.6+0.025%$293K$1.1M20xas long as short
01 Exchange ZECUSD+0.0088%1h1,494.9+0.045%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,500.8+0.439%$4.8M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,494.8+0.039%$152K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,495+0.051%$2.8M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,496.9+0.178%$780.8M$438.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,494.1−0.009%$14.2M$29.5M75xas long as short
Pacifica ZEC+0.0100%1h1,494.8+0.037%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,494−0.019%$693.9M$2.27B75xas long as short
Bybit ZECUSDT+0.0100%8h1,493.8−0.032%$274.3M$620.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,493.9−0.022%$181.3M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,495.9+0.111%$407K$480K5xas long as short
Gate ZEC_USDT+0.0100%8h1,494.1−0.007%$54.1M$182.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,494.2−0.006%$226.0M$784.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,495.4+0.074%$103.1M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,494.1−0.008%$161.1M$285.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,493.6−0.040%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,498.3+0.274%$49.0M$33.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,496.9+0.175%$573K$8.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,498.9+0.312%$3.1M$477K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,499.7+0.365%$415K$930K50xas long as short
StandX ZEC-USD+0.0100%1h1,496.5+0.150%$57K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,495.1+0.057%$362K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,495.2+0.063%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,493.7−0.037%$456K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,496.8+0.171%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,494.2−0.001%$254K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,494.1−0.010%$2.6M$19.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,494.6+0.023%$4.0M$5.0M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0100%1h1,495.1+0.055%$711K$1.4M25xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,493.8−0.027%$62K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,493.9−0.026%$12K$858K10xas long as short
Extended ZEC-USD+0.0104%1h1,494−0.014%$2.8M$7.9M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,494.2long leg$45K$149K20x
GMX ZEC/USD [WBTC.b-USDC]L +0.0109% / S −0.0085%1h1,494.8+0.036%$404K100xas long as short
Kraken Futures PF_ZECUSD+0.0144%1h1,494.5+0.016%$18.1M$46.2M25xas long as short
RISEx ZEC/USDCshort+0.0154%1h1,494.2−0.001%$932K$1.2M10x
Lighter ZEC+0.0216%1h1,495.7+0.101%$19.6M$45.9M20xas long as short
Lighter RH ZEC+0.0216%1h1,495.5+0.086%$2.1M$7.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0349%1h1,495.5+0.084%$2.3M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0399%1h1,498.8+0.307%$50K$61K10xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,496.5+0.148%$3.7M$9.9M50xas long as short
Arcus ZEC-USD+0.0508%1h1,495.3+0.074%$619K$8.6M10xas long as short