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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0197%/8h= +21.6% APRpaid last 24h +0.071%
Price spread now: edgeX against BloFin−0.532%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs+$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$230.225% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.441%+$44 on $10k
Price spread, last 3 days (all we have)+0.365%+$37 · spread now −0.532%, 7d avg −0.064%
Together, before fees+0.806%+ Points / potential airdropedgeX: Active · farm board+$81 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.468% cheaper against BloFin than usual: you would sell low and buy high (spread −0.532% now, against its 7-day average of −0.064%). If the spread goes back, that is −$47 on $10k: about 7.9 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,467.7−0.0097get 0.0097% / 8h1h 46m$29.3M$75.6M75x
ShortedgeX ZECUSDC1,459.80.0100get 0.0050% / 4h1h 46m$509K$9.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$41.38
Price spread: −0.532% → −0.064%
−$46.77
Slippage, 4 orders
−$1.55
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$27.94
Costs to cover
0.225%
Break-even
11.7 days
Slippage from BloFin: live order book, 7 min ago; edgeX: 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 BloFin live order book, 7 min ago0.03 bp6.0 bp −$66.6 bp −$6613.4 bp −$1,337doesn't fit
Sell edgeX live order book, 2 min ago0.44 bp5.4 bp −$511.8 bp −$118doesn'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−0.3310%1h1,462.9−0.321%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,467.8+0.011%$17.8M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0106%1h1,459.3−0.569%$397K$518K5xas long as short
BloFin ZEC-USDTlong−0.0097%8h1,467.7long leg$29.3M$75.6M75x
Hotstuff ZEC-PERP−0.0080%1h1,466.4−0.088%$6K$2K10xas long as short
Bybit ZECUSDT−0.0045%8h1,468+0.021%$271.7M$676.3M75xas long as short
Variational Omni ZEC−0.0023%8h1,459.1−0.580%$46.4M$34.1Mas long as short
dYdX ZEC-USD0.0000%1h1,465.5−0.147%$413K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,466.9−0.052%$889K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,466.3−0.093%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.2−0.029%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,467.1−0.035%$542K100xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,467.2−0.029%$294K$1.5M20xas long as short
ApeX Omni ZECUSDT+0.0039%1h1,463.4−0.290%$430K$818K50xas long as short
OKX ZEC-USDT-SWAP+0.0052%8h1,468.4+0.050%$175.9M$1.37B50xas long as short
Bulk ZEC-USD+0.0054%1h1,460.6−0.482%$899K$25K10xas long as short
Gate ZEC_USDT+0.0061%8h1,467.5−0.009%$49.9M$184.0M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,466.7−0.063%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,459.6−0.547%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,466.5−0.078%$14K$864K10xas long as short
Lighter ZEC+0.0096%1h1,469.2+0.102%$19.0M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,466.2−0.101%$174K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.2−0.100%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,466.7−0.065%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.7+0.072%$760.9M$490.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,467.7+0.007%$15.4M$33.6M75xas long as short
Pacifica ZEC+0.0100%1h1,466.7−0.065%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.4+0.048%$673.5M$2.52B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,468.5+0.057%$222.6M$853.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,468.8+0.077%$103.4M$56.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.6+0.061%$163.0M$309.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,466.6−0.072%$6.7Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,459.8−0.532%$509K$9.5M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,458.9−0.596%$3.0M$492K10xas long as short
StandX ZEC-USD+0.0100%1h1,463.3−0.298%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,466.4−0.085%$345K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.3−0.093%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.8−0.127%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,468.6+0.063%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.5−0.008%$223K$4.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467−0.044%$2.4M$24.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.4−0.018%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,468.8+0.077%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.5−0.007%$37K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,466.7−0.066%$843K$1.8M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0213%1h1,468.4+0.051%$597K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0213%1h1,468.6+0.062%$2.3M$4.0M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,468.5+0.061%$3.7M$11.7M50xas long as short
Lighter RH ZEC+0.0432%1h1,469.3+0.112%$2.0M$8.2M10xas long as short
Arcus ZEC-USD+0.0444%1h1,467.1−0.037%$736K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0524%1h1,464.3−0.228%$40K$34K10xas long as short