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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: SunX against Binance+0.059%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1271.270% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.277%+$28 on $10k
Price spread, last 4 days (all we have)+0.948%+$95 · spread now +0.059%, 7d avg +0.109%
Together, before fees+1.225%+$123 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: SunX is 0.050% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.109%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZECUSDT1,5040.0100pay 0.0100% / 8h7h 27m$709.6M$2.33B75x
ShortSunX ZEC-USDT1,504.90.0100get 0.0100% / 8h7h 27m$3K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.059% → +0.109%
−$5.03
Slippage, 4 orders
−$108.96
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$132
Costs to cover
1.270%
Break-even
never at this rate
Slippage from Binance: live order book, 16 min ago; SunX: live order book, 6 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, 16 min ago0.03 bp5.1 bp −$57.2 bp −$7219.4 bp −$1,938doesn't fit
Sell SunX live order book, 6 min ago29.05 bp67.5 bp −$67doesn't fitdoesn't fitdoesn'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−0.3702%1h1,491.4−0.838%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,502.5−0.099%$62K$305K10xas long as short
Aftermath Perps ZECUSD−0.0209%1h1,504.9+0.057%$48K$58K10xas long as short
BloFin ZEC-USDT−0.0160%8h1,504.9+0.055%$31.8M$76.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,503.9−0.011%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,503.7−0.023%$418K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,503.6−0.028%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,501.9−0.143%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0019%1h1,502.8−0.082%$18.3M$47.9M25xas long as short
01 Exchange ZECUSD+0.0032%1h1,502.4−0.110%$8K$6K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZEC_USDT+0.0078%8h1,503.7−0.023%$60.6M$186.1M75xas long as short
Phoenix ZEC+0.0082%1h1,504.2+0.009%$4.8M$1.4M10xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,501.9−0.142%$303K$860K20xas long as short
Lighter ZEC+0.0096%1h1,503.7−0.021%$19.5M$45.1M20xas long as short
Lighter RH ZEC+0.0096%1h1,504.3+0.018%$2.1M$7.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,502.4−0.106%$172K$1.8M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0099%1h1,502.6−0.092%$688K$1.4M25xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,503−0.065%$62K$17K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,502.3−0.117%$16K$898K10xas long as short
Nado ZEC-PERP+0.0100%1h1,502.7−0.091%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,504.1+0.005%$786.8M$447.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,503.3−0.052%$14.1M$30.5M75xas long as short
Pacifica ZEC+0.0100%1h1,503.3−0.051%$1.7M$2.4M10xas long as short
Binance ZECUSDTlong+0.0100%8h1,504long leg$709.6M$2.33B75x
Bybit ZECUSDT+0.0100%8h1,503.6−0.026%$269.4M$623.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,503.8−0.018%$185.0M$1.37B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,504.9+0.058%$408K$558K5xas long as short
Arcus ZEC-USD+0.0100%1h1,503.7−0.021%$606K$9.0M10xas long as short
Bulk ZEC-USD+0.0100%1h1,503.8−0.018%$774K$147K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,503.9−0.012%$405.6M$836.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,503.5−0.036%$102.8M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,504−0.001%$162.8M$295.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,502.9−0.078%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,502.5−0.099%$49.7M$36.0Mas long as short
edgeX ZECUSDC+0.0100%4h1,503.3−0.049%$554K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,502.7−0.086%$3.1M$533K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,503.6−0.031%$413K$952K50xas long as short
StandX ZEC-USD+0.0100%1h1,503−0.066%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,502.5−0.102%$373K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,501.8−0.146%$168K$192K20xas long as short
Derive ZEC-PERP+0.0100%1h1,502−0.134%$449K$419K6.7xas long as short
SunX ZEC-USDTshort+0.0100%8h1,504.9+0.059%$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,502.3−0.117%$254K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,501.3−0.180%$2.7M$21.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,503.7−0.021%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,504−0.001%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,502.1−0.129%$44K$153K20xas long as short
RISEx ZEC/USDC+0.0157%1h1,502.3−0.112%$994K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0160% / S −0.0165%1h1,501.7−0.155%$333K100xas long as short
Backpack ZEC_USDC_PERP+0.0254%1h1,503.9−0.011%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,503.5−0.034%$3.8M$10.1M50xas long as short