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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.044%
Price spread now: Hotstuff against Binance+0.015%52s7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZECUSDT1,450.30.0100pay 0.0100% / 8h4h 41m$665.7M$2.22B75x
ShortHotstuff ZEC-PERP1,450.5−0.0080pay 0.0010% / 1h41m 45s$6K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Binance. 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
−$37.8
Price spread: +0.015% → 0.000%
$1.52
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$51.28
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 2 min ago; Hotstuff: no order-book sample. 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 Binance live order book, 2 min ago0.03 bp5.0 bp −$56.6 bp −$6614.6 bp −$1,463doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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 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−0.3166%1h1,451.5+0.080%$33K$272K12xas long as short
Hotstuff ZEC-PERPshort−0.0080%1h1,450.5+0.015%$6K$1K10x
BloFin ZEC-USDT−0.0069%8h1,450.3−0.001%$29.2M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,449.9−0.027%$408K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,450−0.019%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,449−0.090%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,448.9−0.098%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0059%8h1,449−0.088%$290K$958K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0065% / S −0.0016%1h1,448.7−0.110%$407K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,449.4−0.063%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,449.3−0.066%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,449.1−0.082%$11K$875K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,450.3−0.003%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,450.1−0.011%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,450.6+0.021%$754.5M$434.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,449.6−0.049%$14.4M$27.7M75xas long as short
Pacifica ZEC+0.0100%1h1,450.2−0.005%$1.6M$2.4M10xas long as short
Binance ZECUSDTlong+0.0100%8h1,450.3long leg$665.7M$2.22B75x
Bybit ZECUSDT+0.0100%8h1,449.9−0.028%$260.8M$602.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,450.3−0.001%$177.0M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,448.7−0.110%$394K$444K5xas long as short
Bulk ZEC-USD+0.0100%1h1,450.7+0.028%$875K$29K10xas long as short
Gate ZEC_USDT+0.0100%8h1,449.6−0.050%$49.8M$173.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,450.1−0.012%$215.2M$769.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,449.7−0.043%$102.0M$54.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,449.7−0.041%$164.6M$274.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,449.6−0.048%$101.1Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,449.2−0.074%$2.4M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,447.3−0.204%$47.4M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,447.5−0.195%$563K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,450.6+0.019%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,449.9−0.028%$403K$921K50xas long as short
StandX ZEC-USD+0.0100%1h1,450.9+0.041%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,449−0.090%$365K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,449.2−0.079%$159K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,447.9−0.167%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,452.1+0.122%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,449−0.088%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,447.8−0.174%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,449.1−0.081%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,449.3−0.067%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,448.8−0.105%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,451.4+0.075%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0231%1h1,449.6−0.051%$608K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0279%1h1,448.7−0.107%$17.9M$44.9M25xas long as short
Lighter ZEC+0.0328%1h1,451.4+0.078%$19.1M$45.9M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,449.5−0.058%$919K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,452.6+0.161%$3.8M$9.0M50xas long as short
Lighter RH ZEC+0.0472%1h1,451.8+0.101%$2.0M$6.9M10xas long as short
Arcus ZEC-USD+0.0626%1h1,449.6−0.046%$737K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0672%1h1,449.8−0.033%$44K$49K10xas long as short