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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against Aster+0.593%54s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$190.189% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.005%$0 on $10k
Price spread, last 4 days (all we have)−0.516%−$52 · spread now +0.593%, 7d avg −0.004%
Together, before fees−0.512%+ Points / potential airdropAster: Stage 5 · farm board−$51 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: Bulk is 0.597% dearer against Aster than usual: you sell high and buy low, +$60 on $10k if it goes back to its 7-day average of −0.004%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,450.10.0100pay 0.0100% / 8h5h 35m$14.4M$28.8M75x
ShortBulk ZEC-USD1,458.70.0100get 0.0013% / 1h35m 48s$886K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Aster. 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: +0.593% → −0.004%
$59.7
Slippage, 4 orders
−$3.92
Fee Aster: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$40.78
Costs to cover
0.189%
Break-even
from the start
Slippage from Aster: live order book, 3 min ago; Bulk: live order book, 28 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 Aster live order book, 3 min ago0.52 bp7.3 bp −$710.5 bp −$10522.7 bp −$2,267doesn't fit
Sell Bulk live order book, 28 min ago0.03 bp3.5 bp −$43.5 bp −$357.5 bp −$74615.9 bp −$7,969

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−0.3244%1h1,449.3−0.053%$33K$272K12xas long as short
BloFin ZEC-USDT−0.0081%8h1,450.5+0.030%$29.4M$70.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,449.7−0.022%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,450.2+0.012%$408K$44K5xas long as short
Kalshi KXZECPERP0.0000%8h1,448.3−0.120%$1.3M$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,447.6−0.170%$83K$248K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,449.1−0.068%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0040%8h1,450.10.000%$290K$979K20xas long as short
ApeX Omni ZECUSDT+0.0046%1h1,449−0.072%$406K$904K50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0053% / S −0.0009%1h1,449.1−0.063%$374K100xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0074%1h1,449.2−0.059%$4.6M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,448.2−0.127%$173K$1.8M50xas long as short
Ondo Perps ZEC-USD.P+0.0098%1h1,445.9−0.286%$394K$431K5xas long as short
Katana Perps ZEC-USD+0.0100%8h1,446.6−0.241%$14K$860K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,451.3+0.085%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,448.5−0.110%$2.5M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,451.5+0.100%$755.4M$433.7M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,450.1long leg$14.4M$28.8M75x
Pacifica ZEC+0.0100%1h1,450.7+0.046%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,450.5+0.034%$664.2M$2.26B75xas long as short
Bybit ZECUSDT+0.0100%8h1,450.5+0.028%$266.0M$611.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,451.5+0.099%$179.1M$1.24B50xas long as short
Bulk ZEC-USDshort+0.0100%1h1,458.7+0.593%$886K$16K10x
Gate ZEC_USDT+0.0100%8h1,450.6+0.038%$49.4M$172.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,450.6+0.036%$213.3M$774.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,450.3+0.016%$101.9M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,451.3+0.087%$161.2M$277.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,449.4−0.044%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,451.1+0.071%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,448.7−0.092%$46.8M$32.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,456.5+0.442%$567K$8.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,448.4−0.114%$3.0M$419K10xas long as short
StandX ZEC-USD+0.0100%1h1,449.9−0.013%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,448.3−0.121%$322K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,449.8−0.015%$138K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,448.3−0.121%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,452+0.136%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,449.7−0.028%$232K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,447.9−0.148%$2.6M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,449.9−0.013%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,450.4+0.027%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,449.5−0.036%$47K$156K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,448.5−0.109%$8K$7K5xas long as short
Lighter ZEC+0.0176%1h1,451.9+0.129%$19.0M$46.4M20xas long as short
Kraken Futures PF_ZECUSD+0.0197%1h1,449.6−0.034%$17.8M$44.5M25xas long as short
Arcus ZEC-USD+0.0277%1h1,453.2+0.215%$724K$8.5M10xas long as short
Lighter RH ZEC+0.0336%1h1,452+0.134%$2.0M$6.9M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0391%1h1,450.5+0.031%$610K$1.3M25xas long as short
RISEx ZEC/USDC+0.0409%1h1,448.3−0.120%$825K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,451+0.068%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0713%1h1,454+0.273%$43K$46K10xas long as short