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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.018%
Price spread now: Hotstuff against Bybit+0.094%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.094% dearer against Bybit than usual: you sell high and buy low (spread +0.094% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 42 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZECUSDT1,460.20.0100pay 0.0100% / 8h4h 22m$263.6M$600.8M75x
ShortHotstuff ZEC-PERP1,461.6−0.0080pay 0.0010% / 1h22m 03s$6K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Bybit. 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
−$37.8
Price spread: +0.094% → 0.000%
$9.38
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$44.42
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Hotstuff: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago0.03 bp6.3 bp −$69.1 bp −$9117.8 bp −$1,78336.6 bp −$18.3K
Sell Hotstuff no order-book sample
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3166%1h1,460.6+0.027%$34K$272K12xas long as short
Hotstuff ZEC-PERPshort−0.0080%1h1,461.6+0.094%$6K$1K10x
BloFin ZEC-USDT−0.0069%8h1,461.3+0.073%$29.3M$71.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,461.4+0.083%$412K$38K5xas long as short
Kalshi KXZECPERP0.0000%8h1,462.5+0.155%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,461+0.049%$84K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,461.3+0.076%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,461.3+0.071%$292K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0068% / S −0.0019%1h1,461.2+0.066%$410K100xas long as short
01 Exchange ZECUSD+0.0080%1h1,462.4+0.147%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,462.1+0.127%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,462.2+0.137%$11K$856K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,462.4+0.149%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.5+0.159%$2.8M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462.6+0.162%$760.2M$431.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,461.9+0.111%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,462.4+0.147%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,460.9+0.048%$671.5M$2.21B75xas long as short
Bybit ZECUSDTlong+0.0100%8h1,460.2long leg$263.6M$600.8M75x
OKX ZEC-USDT-SWAP+0.0100%8h1,460.8+0.039%$178.3M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.7−0.310%$396K$441K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.2−0.206%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,461.6+0.092%$50.8M$174.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,461.4+0.083%$216.0M$773.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,461.7+0.099%$102.8M$53.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,461.6+0.090%$166.4M$271.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,461.1+0.058%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,462.2+0.136%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,457.9−0.161%$47.8M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,459.9−0.020%$569K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,457.4−0.197%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,460.5+0.021%$407K$927K50xas long as short
StandX ZEC-USD+0.0100%1h1,461.1+0.062%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,461.6+0.094%$367K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,461.1+0.061%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,460.3+0.003%$446K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,464.6+0.301%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,461.5+0.084%$234K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,460.2−0.004%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,461.5+0.084%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,461.4+0.081%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,461.1+0.062%$47K$151K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0104%1h1,461.8+0.106%$611K$1.3M25xas long as short
Phoenix ZEC+0.0123%1h1,461.2+0.065%$4.6M$1.3M10xas long as short
Kraken Futures PF_ZECUSD+0.0276%1h1,461.3+0.074%$18.1M$45.0M25xas long as short
Lighter ZEC+0.0280%1h1,462.8+0.175%$19.3M$46.0M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,462.3+0.142%$925K$1.1M10xas long as short
Lighter RH ZEC+0.0424%1h1,462.9+0.181%$2.1M$7.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,464.1+0.265%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0626%1h1,463.1+0.198%$688K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0682%1h1,459.5−0.049%$45K$49K10xas long as short