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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: HTX against Bullet−0.146%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$340.342% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.080%−$8 on $10k
Price spread, last 4 days (all we have)+0.349%+$35 · spread now −0.146%, 7d avg −0.018%
Together, before fees+0.269%+$27 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: HTX is 0.127% cheaper against Bullet than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet ZEC-USD1,483.20.0100pay 0.0013% / 1h41m 48s$163K$185K20x
ShortHTX ZEC-USDT1,4810.0100get 0.0100% / 8h1h 41m$2.6M$19.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bullet. 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: −0.146% → −0.018%
−$12.74
Slippage, 4 orders
−$14.18
Fee Bullet: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$46.92
Costs to cover
0.342%
Break-even
never at this rate
Slippage from Bullet: live order book, 2 min ago; HTX: 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 Bullet live order book, 2 min ago0.41 bp5.9 bp −$611.8 bp −$118doesn't fitdoesn't fit
Sell HTX live order book, 2 min ago1.52 bp13.9 bp −$1418.8 bp −$18834.9 bp −$3,49597.7 bp −$48.8K

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−0.3684%1h1,484.2+0.069%$34K$273K12xas long as short
Bulk ZEC-USD−0.0118%1h1,480.8−0.158%$895K$15K10xas long as short
BloFin ZEC-USDT−0.0116%8h1,481.3−0.126%$30.7M$73.6M75xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,483.2+0.006%$18.0M$46.5M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,483−0.009%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,480.9−0.152%$412K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,482.6−0.036%$1.6M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,481.8−0.090%$61K$297K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,483.4+0.018%$5.3M150xas long as short
Orderly PERP_ZEC_USDC+0.0074%8h1,483−0.012%$298K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,483.3+0.007%$158K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,482.7−0.033%$2.8M$6.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,483.4+0.014%$13.9M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,481.5−0.111%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,484.1+0.065%$690.9M$2.29B75xas long as short
Bybit ZECUSDT+0.0100%8h1,484.2+0.068%$269.7M$625.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,484.2+0.071%$179.6M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,484.2+0.070%$405K$505K5xas long as short
Gate ZEC_USDT+0.0100%8h1,483.7+0.033%$54.3M$181.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,483.7+0.039%$238.4M$778.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,483.3+0.009%$101.8M$57.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,484.1+0.064%$160.1M$288.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,482.7−0.029%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,484.1+0.066%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,484.4+0.082%$48.5M$33.9Mas long as short
edgeX ZECUSDC+0.0100%4h1,484.8+0.109%$568K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,485.5+0.158%$3.0M$488K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,486.5+0.224%$411K$933K50xas long as short
StandX ZEC-USD+0.0100%1h1,482.4−0.052%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,482.3−0.058%$358K$1.7M10xas long as short
Bullet ZEC-USDlong+0.0100%1h1,483.2long leg$163K$185K20x
Derive ZEC-PERP+0.0100%1h1,482.1−0.072%$452K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,485.2+0.140%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,483.4+0.015%$253K$3.5M10xas long as short
HTX ZEC-USDTshort+0.0100%8h1,481−0.146%$2.6M$19.5M75x
Phemex ZECUSDT+0.0100%8h1,483.4+0.014%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,480.8−0.159%$61K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,483−0.009%$11K$864K10xas long as short
Extended ZEC-USD+0.0104%1h1,483.5+0.023%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,482.9−0.017%$42K$152K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0125% / S −0.0114%1h1,482.9−0.017%$430K100xas long as short
01 Exchange ZECUSD+0.0128%1h1,483.7+0.036%$8K$7K5xas long as short
RISEx ZEC/USDC+0.0129%1h1,482.7−0.032%$927K$1.2M10xas long as short
Phoenix ZEC+0.0134%1h1,485+0.121%$4.7M$1.4M10xas long as short
Aftermath Perps ZECUSD+0.0173%1h1,484+0.056%$47K$64K10xas long as short
Hyperliquid ZEC+0.0200%1h1,485.6+0.164%$771.9M$441.5M10xas long as short
Arcus ZEC-USD+0.0221%1h1,484.2+0.069%$624K$8.6M10xas long as short
Lighter ZEC+0.0280%1h1,484.6+0.097%$19.4M$45.6M20xas long as short
Lighter RH ZEC+0.0280%1h1,484.6+0.096%$2.1M$7.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0288%1h1,483.9+0.050%$706K$1.4M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,483.5+0.026%$3.6M$9.9M50xas long as short