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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: StandX against Derive+0.175%7-day average +0.071% · 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+0.025%+$3 on $10k
Price spread, last 3 days (all we have)−0.516%−$52 · spread now +0.175%, 7d avg +0.071%
Together, before fees−0.491%+ Points / potential airdropStandX: Active · farm board−$49 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: StandX is 0.105% dearer against Derive than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive ZEC-PERP1,466.80.0100pay 0.0013% / 1h8m 15s$447K$502K6.7x
ShortStandX ZEC-USD1,469.40.0100get 0.0013% / 1h8m 15s$110K$4.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Derive. 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: +0.175% → +0.071%
$10.45
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee StandX: 4 bp × 2 orders
−$8
Net
−$3.55
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; StandX: live order book, 1 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 Derive no order-book sample
Sell StandX live order book, 1 min ago5.04 bp10.4 bp −$1012.9 bp −$129doesn't fitdoesn't fit
Derive: 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−0.3310%1h1,469.5+0.183%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,468.9+0.140%$17.9M$44.5M25xas long as short
Ondo Perps ZEC-USD.P−0.0249%1h1,466.9+0.004%$398K$515K5xas long as short
BloFin ZEC-USDT−0.0118%8h1,468.8+0.131%$29.3M$75.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.1+0.155%$6K$2K10xas long as short
Bybit ZECUSDT−0.0074%8h1,467.6+0.055%$271.8M$665.1M75xas long as short
Variational Omni ZEC−0.0034%8h1,466.7−0.010%$46.6M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,469.5+0.179%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,469.4+0.176%$889K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,468.9+0.139%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,468.9+0.142%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0009%8h1,468.1+0.088%$294K$1.4M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0010%1h1,469.1+0.154%$598K$1.3M25xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0009%1h1,468.5+0.115%$359K100xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,468.2+0.093%$177.7M$1.35B50xas long as short
Gate ZEC_USDT+0.0045%8h1,468.5+0.110%$49.9M$187.2M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,469.4+0.177%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,468.2+0.093%$4.6M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0088%1h1,467.7+0.058%$430K$825K50xas long as short
Popdex ZECUSDT+0.0096%1h1,468.8+0.132%$174K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,469.5+0.179%$13K$823K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468.7+0.126%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,469.6+0.191%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.5+0.184%$762.6M$477.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.9+0.141%$15.6M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,469.5+0.178%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.2+0.095%$677.3M$2.47B75xas long as short
Bulk ZEC-USD+0.0100%1h1,467.7+0.061%$906K$27K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,468.2+0.094%$223.9M$871.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,468.3+0.099%$103.7M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.2+0.093%$162.3M$303.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,468.1+0.086%$102.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,467.4+0.041%$511K$9.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.5+0.042%$3.0M$481K10xas long as short
StandX ZEC-USDshort+0.0100%1h1,469.4+0.175%$110K$4.8M30x
Polymarket Perps ZEC-USD+0.0100%1h1,468.8+0.134%$346K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,468.3+0.097%$127K$160K20xas long as short
Derive ZEC-PERPlong+0.0100%1h1,466.8long leg$447K$502K6.7x
SunX ZEC-USDT+0.0100%8h1,471+0.283%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,468.4+0.108%$223K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468.1+0.088%$2.5M$23.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.8+0.134%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,468.8+0.133%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.8+0.063%$37K$366K20xas long as short
Lighter ZEC+0.0120%1h1,470.2+0.231%$19.0M$52.8M20xas long as short
Backpack ZEC_USDC_PERP+0.0189%1h1,469.8+0.201%$2.4M$3.7M15xas long as short
RISEx ZEC/USDC+0.0190%1h1,469.4+0.172%$843K$1.3M10xas long as short
Lighter RH ZEC+0.0416%1h1,471.1+0.292%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,470.4+0.241%$3.8M$11.5M50xas long as short
Arcus ZEC-USD+0.0444%1h1,470+0.216%$720K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0591%1h1,468.5+0.116%$41K$34K10xas long as short