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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0068%/8h= −7.4% APRnext payment $0.09 per $10,000 · paid last 24h −0.020%
Price spread now: 01 Exchange against Derive+0.073%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.073% dearer against Derive than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive ZEC-PERP1,465.70.0100pay 0.0013% / 1h41m 29s$456K$510K6.7x
Short01 Exchange ZECUSD1,466.80.0032get 0.0004% / 1h41m 29s$8K$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$14.28
Price spread: +0.073% → 0.000%
$7.33
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$19.95
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; 01 Exchange: 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 Derive no order-book sample
Sell 01 Exchange no order-book sample
Derive and 01 Exchange: 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−0.3678%1h1,473.4+0.524%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.8+0.141%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0054%1h1,467.1+0.096%$398K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,467.7+0.139%$18.1M$43.6M25xas long as short
dYdX ZEC-USD0.0000%1h1,467.2+0.105%$413K$57K5xas long as short
Kalshi KXZECPERP0.0000%8h1,465.3−0.030%$969K$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,466.5+0.058%$83K$264K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467+0.091%$5.2M150xas long as short
BloFin ZEC-USDT+0.0012%8h1,475.2+0.648%$29.6M$73.3M75xas long as short
Variational Omni ZEC+0.0016%8h1,474+0.567%$48.1M$33.4Mas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0026%8h1,467.3+0.109%$293K$1.1M20xas long as short
01 Exchange ZECUSDshort+0.0032%1h1,466.8+0.073%$8K$9K5x
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,466.8+0.079%$381K100xas long as short
Phoenix ZEC+0.0070%1h1,466.9+0.079%$4.6M$1.5M10xas long as short
Gate ZEC_USDT+0.0080%8h1,466+0.021%$49.8M$174.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0082%8h1,466.5+0.053%$181.1M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,466.3+0.038%$172K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,466+0.017%$16K$839K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.6+0.065%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.1+0.093%$2.5M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467+0.089%$763.1M$450.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,466+0.017%$14.8M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,466.7+0.066%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,466.2+0.034%$679.9M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,466.1+0.025%$270.4M$628.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,466.2+0.036%$214.8M$794.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466.2+0.034%$103.2M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.3+0.044%$162.7M$286.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,466.6+0.062%$100.0Mas long as short
edgeX ZECUSDC+0.0100%4h1,469.5+0.258%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.7+0.474%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,467.8+0.144%$427K$906K50xas long as short
StandX ZEC-USD+0.0100%1h1,470+0.294%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,466+0.021%$338K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.3+0.038%$128K$158K20xas long as short
Derive ZEC-PERPlong+0.0100%1h1,465.7long leg$456K$510K6.7x
SunX ZEC-USDT+0.0100%8h1,469.8+0.278%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.5+0.126%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467+0.088%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.8+0.142%$3.9M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.6+0.611%$897K$17K10xas long as short
Extended ZEC-USD+0.0104%1h1,466.1+0.030%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.1+0.097%$48K$167K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0152%1h1,468.2+0.173%$604K$1.3M25xas long as short
Lighter RH ZEC+0.0224%1h1,467.8+0.142%$2.0M$7.1M10xas long as short
Lighter ZEC+0.0240%1h1,467.4+0.114%$19.1M$48.0M20xas long as short
Arcus ZEC-USD+0.0254%1h1,468+0.158%$695K$8.7M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,466.9+0.081%$852K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,468.6+0.196%$3.6M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0524%1h1,468.2+0.170%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0738%1h1,472.3+0.452%$44K$46K10xas long as short