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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.002%
Price spread now: SunX against Deribit+0.095%7-day average +0.041% · 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 7 days+0.144%+$14 on $10k
Price spread, last 4 days (all we have)−0.373%−$37 · spread now +0.095%, 7d avg +0.041%
Together, before fees−0.229%−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.054% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ZEC_USDC-PERPETUAL1,509.90get 0.0000% / 1h11m 47s$689K$1.4M25x
ShortSunX ZEC-USDT1,511.40.0100get 0.0100% / 8h11m 47s$3K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Deribit. 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
$21
Price spread: +0.095% → +0.041%
$5.44
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
$11.44
Costs to cover
0.150%
Break-even
3.2 days
Slippage unknown: Deribit: live order book, 2 min ago; SunX: live order book, 2 min ago. 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 Deribit live order book, 2 min ago3.18 bp8.0 bp −$814.0 bp −$140doesn't fitdoesn't fit
Sell SunX live order book, 2 min ago252.31 bpdoesn't fitdoesn'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−0.3442%1h1,490.6−1.278%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,507.7−0.149%$62K$303K10xas long as short
BloFin ZEC-USDT−0.0179%8h1,507.4−0.170%$31.1M$76.3M75xas long as short
Bulk ZEC-USD−0.0108%1h1,495.7−0.941%$810K$100K10xas long as short
Aftermath Perps ZECUSD−0.0088%1h1,504.1−0.385%$48K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,508.8−0.076%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,508.6−0.088%$419K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,510.5+0.040%$1.5M$4.4M2.2xas long as short
Deribit ZEC_USDC-PERPETUALlong0.0000%1h1,509.9long leg$689K$1.4M25x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,509−0.060%$5.4M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZECUSD+0.0012%1h1,509.8−0.007%$18.1M$47.3M25xas long as short
Ondo Perps ZEC-USD.P+0.0054%1h1,507.4−0.167%$411K$559K5xas long as short
01 Exchange ZECUSD+0.0080%1h1,509−0.059%$8K$6K5xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,509.4−0.034%$304K$864K20xas long as short
Phoenix ZEC+0.0096%1h1,508.1−0.120%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,508.7−0.080%$176K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,508.5−0.095%$14K$894K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,508.5−0.097%$62K$19K10xas long as short
Nado ZEC-PERP+0.0100%1h1,509−0.059%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,510.6+0.045%$791.4M$443.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,508.8−0.074%$14.1M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,509−0.063%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,509.6−0.021%$706.1M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,508.7−0.084%$272.6M$620.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,509.9−0.003%$184.2M$1.36B50xas long as short
Gate ZEC_USDT+0.0100%8h1,509.4−0.037%$58.9M$187.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,509.7−0.017%$239.2M$807.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,508.6−0.090%$103.6M$56.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,510+0.006%$163.6M$290.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,509.8−0.008%$117.9Mas long as short
Variational Omni ZEC+0.0100%8h1,501.9−0.530%$49.1M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,504.8−0.342%$576K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,507.4−0.169%$3.1M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,507.5−0.158%$415K$946K50xas long as short
StandX ZEC-USD+0.0100%1h1,509−0.058%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,508.7−0.081%$363K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,508.8−0.076%$168K$189K20xas long as short
Derive ZEC-PERP+0.0100%1h1,508.4−0.101%$460K$438K6.7xas long as short
SunX ZEC-USDTshort+0.0100%8h1,511.4+0.095%$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,509.5−0.028%$255K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,509.1−0.054%$2.7M$20.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,509.2−0.047%$4.0M$4.9M50xas long as short
Lighter RH ZEC+0.0104%1h1,510.7+0.049%$2.1M$7.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,508.1−0.119%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,509.5−0.030%$43K$151K20xas long as short
RISEx ZEC/USDC+0.0128%1h1,508.8−0.072%$950K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0147% / S −0.0146%1h1,508.9−0.067%$335K100xas long as short
Lighter ZEC+0.0184%1h1,510.6+0.042%$19.9M$46.5M20xas long as short
Arcus ZEC-USD+0.0403%1h1,508.9−0.069%$607K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,510.8+0.059%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0492%1h1,509.90.000%$2.4M$3.8M15xas long as short