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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: Nado against Binance−0.052%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$200.198% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.038%+$4 on $10k
Price spread, last 7 days+0.087%+$9 · spread now −0.052%, 7d avg +0.037%
Together, before fees+0.124%+ Points / potential airdropNado: Active · farm board+$12 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: Nado is 0.089% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZECUSDT1,457.50.0100pay 0.0100% / 8h3h 21m$670.8M$2.19B75x
ShortNado ZEC-PERP1,456.80.0100get 0.0012% / 1h21m 59s$2.8M$6.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$0
Price spread: −0.052% → +0.037%
−$8.89
Slippage, 4 orders
−$2.8
Fee Binance: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$28.68
Costs to cover
0.198%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Nado: live order book, 2 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 Binance live order book, 7 min ago0.03 bp5.3 bp −$57.9 bp −$7915.0 bp −$1,504doesn't fit
Sell Nado live order book, 2 min ago0.17 bp4.3 bp −$410.6 bp −$10651.2 bp −$5,120doesn'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−0.3042%1h1,458+0.032%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,456.9−0.045%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,457.1−0.028%$29.4M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,456.4−0.074%$410K$36K5xas long as short
Perpl ZEC0.0000%43m1,456.6−0.066%$83K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,456.8−0.049%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,457−0.034%$291K$940K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0085% / S −0.0036%1h1,457.1−0.029%$434K100xas long as short
Popdex ZECUSDT+0.0096%1h1,456.4−0.074%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,456.1−0.095%$14K$818K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ZEC-USD-PERP+0.0100%8h1,456.7−0.057%$60K$43K10xas long as short
Nado ZEC-PERPshort+0.0100%1h1,456.8−0.052%$2.8M$6.6M10x
Aster ZECUSDT+0.0100%8h1,457−0.036%$14.5M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,457.2−0.021%$1.7M$2.4M10xas long as short
Binance ZECUSDTlong+0.0100%8h1,457.5long leg$670.8M$2.19B75x
Bybit ZECUSDT+0.0100%8h1,457.3−0.017%$261.2M$594.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,457.4−0.008%$178.7M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,456.9−0.043%$395K$434K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.9+0.026%$881K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,456.8−0.050%$51.4M$171.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457−0.035%$219.2M$771.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.1−0.032%$102.8M$53.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,458.5+0.065%$165.9M$268.8M75xas long as short
BingX ZEC-USDT+0.0100%8h1,456.9−0.040%$106.9Mas long as short
Variational Omni ZEC+0.0100%8h1,455.5−0.142%$47.7M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,456.2−0.092%$567K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.6−0.066%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,456.4−0.075%$402K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,458+0.030%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.8−0.049%$354K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.1−0.028%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,455.9−0.110%$444K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,459.4+0.130%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457−0.035%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,456.7−0.058%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.3−0.013%$3.8M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,456.8−0.050%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,456.6−0.063%$47K$151K20xas long as short
Lighter RH ZEC+0.0112%1h1,458.4+0.063%$2.1M$7.0M10xas long as short
Phoenix ZEC+0.0116%1h1,457.6+0.002%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,456.4−0.076%$8K$7K5xas long as short
Hyperliquid ZEC+0.0141%1h1,458.5+0.067%$759.5M$424.2M10xas long as short
Lighter ZEC+0.0144%1h1,458.4+0.062%$19.3M$45.2M20xas long as short
Kalshi KXZECPERP+0.0178%8h1,457.3−0.014%$1.5M$4.4M2.2xas long as short
Backpack ZEC_USDC_PERP+0.0204%1h1,457.7+0.014%$2.4M$3.8M15xas long as short
RISEx ZEC/USDC+0.0216%1h1,456.1−0.099%$921K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0324%1h1,457.9+0.024%$614K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,457−0.039%$18.1M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,457.9+0.025%$696K$8.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,458.8+0.090%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0679%1h1,457.2−0.025%$45K$49K10xas long as short