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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.015%
Price spread now: dYdX against Aster+0.109%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$690.689% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.242%+$24 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.109%, 7d avg +0.013%
Together, before fees+0.126%+ Points / potential airdropAster: Stage 5 · farm board+$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.096% dearer against Aster than usual: you sell high and buy low (spread +0.109% now, against its 7-day average of +0.013%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.2 days. Mind the row above: over the last 6 days funding on this pair paid +0.242%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,506.10.0100pay 0.0100% / 8h7h 35m$14.1M$30.8M75x
ShortdYdX ZEC-USD1,507.80get 0.0000% / 1h35m 26s$419K$34K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: +0.109% → +0.013%
$9.56
Slippage, 4 orders
−$50.88
Fee Aster: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$80.32
Costs to cover
0.689%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; dYdX: live order book, 64 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, 4 min ago1.10 bp5.1 bp −$56.2 bp −$6213.2 bp −$1,31983.8 bp −$41.9K
Sell dYdX live order book, 64 min ago23.10 bp28.1 bp −$2847.9 bp −$47992.0 bp −$9,202631.2 bp −$315.6K

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−0.3702%1h1,491.4−0.977%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,505.4−0.046%$62K$305K10xas long as short
Aftermath Perps ZECUSD−0.0184%1h1,508.9+0.185%$48K$58K10xas long as short
BloFin ZEC-USDT−0.0149%8h1,507.2+0.071%$31.7M$76.7M75xas long as short
Bulk ZEC-USD−0.0098%1h1,506.5+0.027%$775K$147K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,506.7+0.037%$6K$1K10xas long as short
dYdX ZEC-USDshort0.0000%1h1,507.8+0.109%$419K$34K5x
Kalshi KXZECPERP0.0000%8h1,508.1+0.127%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,506.4+0.015%$5.4M150xas long as short
Kraken Futures PF_ZECUSD+0.0019%1h1,508.3+0.141%$18.3M$47.6M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0032%1h1,506.6+0.031%$8K$6K5xas long as short
Phoenix ZEC+0.0082%1h1,509.3+0.207%$4.8M$1.4M10xas long as short
Orderly PERP_ZEC_USDC+0.0085%8h1,507.7+0.105%$304K$861K20xas long as short
Gate ZEC_USDT+0.0085%8h1,507.2+0.068%$60.6M$185.1M75xas long as short
ApeX Omni ZECUSDT+0.0095%1h1,507.1+0.064%$414K$952K50xas long as short
Lighter ZEC+0.0096%1h1,508.9+0.185%$19.5M$44.8M20xas long as short
Lighter RH ZEC+0.0096%1h1,509+0.192%$2.1M$7.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,506.7+0.040%$172K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,507.9+0.118%$62K$17K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,506.3+0.013%$16K$898K10xas long as short
Nado ZEC-PERP+0.0100%1h1,507.7+0.107%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,507.4+0.082%$789.2M$445.7M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,506.1long leg$14.1M$30.8M75x
Pacifica ZEC+0.0100%1h1,508.2+0.135%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,506.9+0.050%$712.2M$2.33B75xas long as short
Bybit ZECUSDT+0.0100%8h1,506.3+0.010%$270.2M$624.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,506.3+0.012%$185.5M$1.37B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,505.7−0.029%$411K$544K5xas long as short
Arcus ZEC-USD+0.0100%1h1,507.4+0.083%$610K$9.0M10xas long as short
MEXC ZEC_USDT+0.0100%8h1,506.8+0.046%$407.6M$833.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,506.6+0.032%$103.0M$57.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,506.6+0.030%$163.0M$295.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,507+0.060%$120.1Mas long as short
Variational Omni ZEC+0.0100%8h1,506.9+0.054%$49.9M$35.9Mas long as short
edgeX ZECUSDC+0.0100%4h1,508.2+0.137%$556K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,506.5+0.027%$3.1M$533K10xas long as short
StandX ZEC-USD+0.0100%1h1,506.6+0.028%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,507+0.058%$374K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,506.6+0.029%$169K$194K20xas long as short
Derive ZEC-PERP+0.0100%1h1,506.3+0.008%$450K$419K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,508.1+0.132%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,507.7+0.105%$255K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,507.1+0.064%$2.7M$21.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,507.9+0.118%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,506.3+0.012%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,507.5+0.093%$45K$153K20xas long as short
RISEx ZEC/USDC+0.0157%1h1,506.5+0.025%$967K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0158% / S −0.0162%1h1,507.3+0.080%$334K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0300%1h1,508.8+0.178%$691K$1.4M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,507.8+0.107%$3.8M$10.0M50xas long as short
Backpack ZEC_USDC_PERP+0.0410%1h1,508.1+0.130%$2.4M$3.8M15xas long as short