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+0.0287%/8h= +31.4% APRpaid last 24h +0.077%
Price spread now: RISEx against BloFin−0.095%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$210.208% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.403%+$40 on $10k
Price spread, last 4 days (all we have)−0.123%−$12 · spread now −0.095%, 7d avg +0.032%
Together, before fees+0.279%+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.127% cheaper against BloFin than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of +0.032%). If the spread goes back, that is −$13 on $10k: about 35 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,454.6−0.0071get 0.0071% / 8h3h 43m$29.4M$70.5M75x
ShortRISEx ZEC/USDC1,453.20.0216get 0.0027% / 1h43m 09s$919K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$60.18
Price spread: −0.095% → +0.032%
−$12.7
Slippage, 4 orders
−$2.79
Fee BloFin: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
$26.69
Costs to cover
0.208%
Break-even
3.9 days
Slippage from BloFin: live order book, 6 min ago; RISEx: live order book, 1 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, 6 min ago0.03 bp6.1 bp −$67.6 bp −$7614.9 bp −$1,493doesn't fit
Sell RISEx live order book, 1 min ago1.31 bp4.3 bp −$48.9 bp −$89doesn'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%1h1,452−0.177%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,453.5−0.074%$6K$1K10xas long as short
BloFin ZEC-USDTlong−0.0071%8h1,454.6long leg$29.4M$70.5M75x
dYdX ZEC-USD0.0000%1h1,453.2−0.094%$409K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,454.4−0.013%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,453.7−0.062%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,453.7−0.061%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,453.6−0.065%$290K$943K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0080% / S −0.0029%1h1,453.5−0.071%$433K100xas long as short
Popdex ZECUSDT+0.0096%1h1,453−0.106%$173K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,452.8−0.124%$13K$841K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,453.8−0.052%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,453.4−0.079%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,454−0.037%$14.6M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,453.9−0.046%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,454.6−0.001%$668.1M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,453.9−0.047%$261.2M$599.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,454.4−0.012%$178.0M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,450.5−0.280%$394K$432K5xas long as short
Bulk ZEC-USD+0.0100%1h1,452.9−0.115%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,453.6−0.065%$50.7M$170.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,454.4−0.012%$217.0M$766.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,454.8+0.017%$102.5M$53.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,454.4−0.010%$165.3M$270.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,452.8−0.122%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,450.4−0.284%$47.6M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,451.6−0.202%$565K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,453.1−0.103%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,451.7−0.195%$401K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,453.4−0.081%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,453.5−0.074%$352K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,453.6−0.065%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,452.5−0.145%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,455.9+0.089%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,453.8−0.056%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,452.8−0.125%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,454.6+0.003%$3.8M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,453.7−0.062%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,453.5−0.070%$47K$151K20xas long as short
Lighter RH ZEC+0.0112%1h1,455.4+0.054%$2.1M$7.0M10xas long as short
Hyperliquid ZEC+0.0116%1h1,455+0.030%$756.9M$428.7M10xas long as short
Phoenix ZEC+0.0116%1h1,452.9−0.117%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,453.5−0.071%$8K$7K5xas long as short
Backpack ZEC_USDC_PERP+0.0129%1h1,454.9+0.019%$2.4M$3.9M15xas long as short
Lighter ZEC+0.0184%1h1,455.7+0.079%$19.2M$44.8M20xas long as short
RISEx ZEC/USDCshort+0.0216%1h1,453.2−0.095%$919K$1.1M10x
Deribit ZEC_USDC-PERPETUAL+0.0280%1h1,454.5−0.007%$614K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,453.7−0.060%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,455.3+0.047%$689K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,456.1+0.106%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0668%1h1,454.3−0.018%$44K$49K10xas long as short