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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0414%/8h= +45.3% APRpaid last 24h +0.097%
Price spread now: Arcus against BloFin+0.132%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$230.231% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.264%+$26 on $10k
Price spread, last 4 days (all we have)−0.452%−$45 · spread now +0.132%, 7d avg +0.032%
Together, before fees−0.188%−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Arcus is 0.099% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,460−0.0071get 0.0071% / 8h3h 21m$29.5M$70.7M75x
ShortArcus ZEC-USD1,461.90.0344get 0.0043% / 1h21m 06s$698K$8.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against BloFin. 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
$86.96
Price spread: +0.132% → +0.032%
$9.94
Slippage, 4 orders
−$6.64
Fee BloFin: 6 bp × 2 orders
−$12
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$73.76
Costs to cover
0.231%
Break-even
1.1 days
Slippage from BloFin: live order book, 3 min ago; Arcus: live order book, 3 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 BloFin live order book, 3 min ago0.14 bp6.4 bp −$67.5 bp −$7511.4 bp −$1,136doesn't fit
Sell Arcus live order book, 3 min ago0.00 bp2.3 bp −$24.7 bp −$47doesn'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−0.3042%1h1,441.9−1.240%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,461+0.073%$6K$1K10xas long as short
BloFin ZEC-USDTlong−0.0071%8h1,460long leg$29.5M$70.7M75x
dYdX ZEC-USD0.0000%1h1,459.6−0.026%$411K$35K5xas long as short
Perpl ZEC0.0000%43m1,460+0.002%$83K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.4+0.027%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,460.2+0.017%$292K$932K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0085% / S −0.0036%1h1,460.4+0.032%$434K100xas long as short
Popdex ZECUSDT+0.0096%1h1,460.7+0.048%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,461+0.072%$14K$817K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ZEC-USD-PERP+0.0100%8h1,460.8+0.056%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,460.5+0.037%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,460.7+0.047%$14.6M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,461+0.071%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,460.6+0.043%$672.2M$2.18B75xas long as short
Bybit ZECUSDT+0.0100%8h1,460.3+0.020%$261.5M$594.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,460.3+0.024%$179.2M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,456.9−0.211%$396K$434K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.9−0.143%$881K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,460.3+0.024%$51.5M$172.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,460.4+0.027%$219.8M$771.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.7+0.052%$103.0M$53.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,460.7+0.051%$166.0M$268.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,460.2+0.016%$106.9Mas long as short
Variational Omni ZEC+0.0100%8h1,455.5−0.310%$47.7M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,457.5−0.170%$567K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.6−0.234%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457.2−0.193%$402K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,458−0.138%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,460.5+0.036%$355K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,460.4+0.030%$161K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,459.5−0.036%$446K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,462.8+0.194%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,460.4+0.029%$234K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,459.6−0.025%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,460.2+0.016%$3.8M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,460.3+0.021%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,460−0.001%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,457.6−0.166%$4.6M$1.3M10xas long as short
Lighter RH ZEC+0.0120%1h1,461.9+0.129%$2.1M$7.0M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,461.1+0.079%$8K$7K5xas long as short
Hyperliquid ZEC+0.0144%1h1,461.8+0.128%$761.5M$424.4M10xas long as short
Lighter ZEC+0.0152%1h1,462+0.137%$19.4M$45.2M20xas long as short
Kalshi KXZECPERP+0.0192%8h1,460.4+0.031%$1.5M$4.4M2.2xas long as short
RISEx ZEC/USDC+0.0216%1h1,460.8+0.057%$924K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0218%1h1,461.2+0.085%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0332%1h1,460.3+0.020%$18.1M$45.2M25xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0340%1h1,461.3+0.090%$615K$1.3M25xas long as short
Arcus ZEC-USDshort+0.0344%1h1,461.9+0.132%$698K$8.1M10x
Coinbase International ZEC-PERP-INTX+0.0464%1h1,463+0.207%$3.8M$9.2M50xas long as short
Aftermath Perps ZECUSD+0.0677%1h1,457.9−0.142%$45K$49K10xas long as short