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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.4411%/8h= −483.1% APRnext payment $5.51 per $10,000 · paid last 24h −0.700%
Price spread now: Injective against Aftermath Perps−1.145%55s7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$132 a day on $10k at the current rate, and Injective is 1.145% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$115 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps ZECUSD1,468.80.0733pay 0.0092% / 1h2m 07s$43K$46K10x
ShortInjective ZEC/USDC PERP1,452−0.3678pay 0.0460% / 1h2m 07s$33K$274K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aftermath Perps. 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
−$926.4
Price spread: −1.145% → 0.000%
−$114.55
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$1,049.97
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Injective: live order book, 2 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 Aftermath Perps no order-book sample
Sell Injective live order book, 2 min ago66.26 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Aftermath Perps: 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 50 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 PERPshort−0.3678%1h1,452−1.145%$33K$274K12x
Hotstuff ZEC-PERP−0.0080%1h1,470.6+0.116%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0039%1h1,464.8−0.275%$398K$501K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,467.8−0.069%$18.1M$43.5M25xas long as short
dYdX ZEC-USD0.0000%1h1,468.4−0.032%$413K$49K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.4−0.030%$972K$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,467−0.125%$84K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.6−0.083%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0031%8h1,467.6−0.083%$293K$984K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,467.5−0.090%$383K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0056%1h1,467.3−0.105%$8K$8K5xas long as short
Phoenix ZEC+0.0070%1h1,466.6−0.152%$4.6M$1.5M10xas long as short
Variational Omni ZEC+0.0072%8h1,466.6−0.151%$47.9M$32.6Mas long as short
OKX ZEC-USDT-SWAP+0.0093%8h1,467.5−0.092%$180.9M$1.24B50xas long as short
Popdex ZECUSDT+0.0096%1h1,467.1−0.120%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,466.8−0.142%$17K$844K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,467.4−0.101%$60K$41K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.5−0.090%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.6−0.017%$764.9M$434.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,467.7−0.078%$14.8M$29.3M75xas long as short
Pacifica ZEC+0.0100%1h1,468−0.061%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,467.8−0.075%$678.3M$2.26B75xas long as short
Bybit ZECUSDT+0.0100%8h1,467.5−0.090%$271.3M$606.9M75xas long as short
Bulk ZEC-USD+0.0100%1h1,466.6−0.154%$890K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,467.6−0.085%$50.2M$177.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.8−0.075%$216.7M$803.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.8−0.075%$103.2M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.6−0.085%$163.0M$276.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,467.7−0.080%$98.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,466−0.194%$570K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468.2−0.044%$3.0M$430K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,466.3−0.174%$426K$884K50xas long as short
StandX ZEC-USD+0.0100%1h1,470.1+0.083%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,467−0.126%$343K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.5−0.093%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.3−0.174%$448K$512K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,470+0.077%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.7−0.079%$242K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467−0.126%$2.5M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.2−0.044%$3.9M$5.2M50xas long as short
Extended ZEC-USD+0.0104%1h1,467.7−0.075%$2.8M$7.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.3−0.105%$48K$155K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0160%1h1,468.4−0.030%$611K$1.3M25xas long as short
Lighter ZEC+0.0224%1h1,469.2+0.027%$19.2M$48.3M20xas long as short
Arcus ZEC-USD+0.0254%1h1,469.3+0.034%$692K$8.5M10xas long as short
Lighter RH ZEC+0.0296%1h1,469.6+0.053%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,468−0.060%$851K$1.0M10xas long as short
Backpack ZEC_USDC_PERP+0.0415%1h1,467.9−0.066%$2.4M$3.9M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,469.3+0.033%$3.6M$9.0M50xas long as short
Aftermath Perps ZECUSDlong+0.0733%1h1,468.8long leg$43K$46K10x