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: SunX against Bullet+0.114%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1291.292% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.114%, 7d avg +0.116%
Together, before fees−0.018%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet ZEC-USD1,477.10.0100pay 0.0013% / 1h27m 14s$162K$184K20x
ShortSunX ZEC-USDT1,478.80.0100get 0.0100% / 8h1h 27m$3K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.114% → +0.116%
−$0.17
Slippage, 4 orders
−$113.15
Fee Bullet: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$129.32
Costs to cover
1.292%
Break-even
never at this rate
Slippage from Bullet: live order book, 17 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 Bullet live order book, 17 min ago0.41 bp5.9 bp −$611.8 bp −$118doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago29.04 bp67.4 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−0.3684%1h1,462−1.020%$36K$275K12xas long as short
Bulk ZEC-USD−0.0166%1h1,477.10.000%$892K$9K10xas long as short
BloFin ZEC-USDT−0.0126%8h1,476.8−0.021%$30.4M$73.8M75xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,477−0.010%$17.9M$46.8M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,476.8−0.022%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,476.5−0.044%$410K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,477.5+0.024%$1.5M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,476−0.075%$63K$303K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,475.6−0.103%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0077%8h1,476.6−0.036%$297K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps ZECUSD+0.0088%1h1,477.1+0.002%$47K$64K10xas long as short
Popdex ZECUSDT+0.0096%1h1,477.2+0.007%$165K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,476.7−0.030%$10K$871K10xas long as short
Nado ZEC-PERP+0.0100%1h1,477.3+0.015%$2.7M$7.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,476.4−0.048%$13.8M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,476.8−0.017%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,477−0.005%$688.0M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,476.3−0.054%$263.7M$632.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,476.5−0.040%$178.9M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,475.2−0.128%$403K$508K5xas long as short
Gate ZEC_USDT+0.0100%8h1,477−0.005%$54.3M$183.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,476.9−0.011%$240.7M$784.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,477.1−0.002%$101.0M$57.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,476.7−0.025%$158.9M$288.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,476.9−0.015%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,477.4+0.020%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,477.6+0.035%$48.1M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,477.5+0.029%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,478.3+0.085%$3.0M$498K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,476.6−0.033%$406K$936K50xas long as short
StandX ZEC-USD+0.0100%1h1,475.9−0.082%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,476.6−0.034%$355K$1.7M10xas long as short
Bullet ZEC-USDlong+0.0100%1h1,477.1long leg$162K$184K20x
Derive ZEC-PERP+0.0100%1h1,473.4−0.250%$450K$500K6.7xas long as short
SunX ZEC-USDTshort+0.0100%8h1,478.8+0.114%$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,476.7−0.025%$251K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,476.7−0.025%$2.6M$19.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,477.3+0.014%$3.9M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,476.7−0.026%$61K$43K10xas long as short
Extended ZEC-USD+0.0104%1h1,476.8−0.017%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,476.7−0.030%$42K$152K20xas long as short
RISEx ZEC/USDC+0.0129%1h1,477.2+0.007%$924K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,478.9+0.120%$4.7M$1.4M10xas long as short
01 Exchange ZECUSD+0.0136%1h1,477.3+0.013%$8K$7K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0145% / S −0.0154%1h1,476.9−0.013%$478K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0214%1h1,477.6+0.034%$675K$1.4M25xas long as short
Arcus ZEC-USD+0.0221%1h1,478.7+0.107%$637K$8.6M10xas long as short
Lighter RH ZEC+0.0248%1h1,478.5+0.092%$2.1M$7.4M10xas long as short
Hyperliquid ZEC+0.0251%1h1,478.1+0.068%$766.9M$442.4M10xas long as short
Lighter ZEC+0.0304%1h1,478.4+0.087%$19.4M$45.8M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,477.9+0.057%$3.6M$9.9M50xas long as short