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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:55 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Perpl against dYdX−0.053%7-day average −0.030% · you buy dearer than you sell
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−0.158%−$16 on $10k
Price spread, last 4 days (all we have)+1.909%+$191 · spread now −0.053%, 7d avg −0.030%
Together, before fees+1.751%+ Points / potential airdropPerpl: Active · farm board+$175 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: Perpl is 0.023% cheaper against dYdX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZEC-USD1,467.20get 0.0000% / 1h41m 53s$413K$57K5x
ShortPerpl ZEC1,466.50get 0.0000% / 43m3m 53s$83K$264K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl against dYdX. 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: −0.053% → −0.030%
−$2.26
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$26.06
Costs to cover
0.238%
Break-even
never at this rate
Slippage unknown: dYdX: live order book, 27 min ago; Perpl: 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 dYdX live order book, 27 min ago37.15 bp44.2 bp −$4454.9 bp −$54978.8 bp −$7,881149.3 bp −$74.6K
Sell Perpl no order-book sample
Perpl: 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+0.419%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.3+0.007%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0057%1h1,463.4−0.261%$400K$515K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,467.7+0.035%$18.1M$43.6M25xas long as short
dYdX ZEC-USDlong0.0000%1h1,467.2long leg$413K$57K5x
Kalshi KXZECPERP0.0000%8h1,465.3−0.134%$969K$5.1M2.2xas long as short
Perpl ZECshort0.0000%43m1,466.5−0.053%$83K$264K10x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467−0.014%$5.2M150xas long as short
BloFin ZEC-USDT+0.0012%8h1,475.2+0.543%$29.6M$73.3M75xas long as short
Variational Omni ZEC+0.0016%8h1,474+0.462%$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+0.005%$293K$1.1M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,467.6+0.022%$8K$9K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,466.8−0.026%$381K100xas long as short
Phoenix ZEC+0.0070%1h1,473.7+0.442%$4.7M$1.5M10xas long as short
Gate ZEC_USDT+0.0081%8h1,467.2+0.001%$49.8M$174.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0081%8h1,467.1−0.008%$181.2M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,466.7−0.034%$172K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,466.3−0.064%$14K$839K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.9−0.020%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.7+0.029%$2.5M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467.7+0.032%$763.5M$450.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,467−0.013%$14.8M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,467.7+0.031%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,466.9−0.022%$680.2M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,466.6−0.046%$270.5M$628.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.3+0.007%$215.2M$794.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.3+0.005%$103.2M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.6−0.042%$162.7M$286.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,466.2−0.072%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,474.3+0.482%$574K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.7+0.369%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474.5+0.495%$429K$905K50xas long as short
StandX ZEC-USD+0.0100%1h1,470+0.189%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,466.7−0.036%$339K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.1−0.074%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.7−0.105%$456K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.8+0.173%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.5+0.021%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467−0.016%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.8+0.037%$3.9M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.6+0.505%$897K$17K10xas long as short
Extended ZEC-USD+0.0104%1h1,467.8+0.036%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.1−0.008%$48K$167K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0152%1h1,468.2+0.068%$604K$1.3M25xas long as short
Lighter RH ZEC+0.0216%1h1,469+0.120%$2.0M$7.1M10xas long as short
Lighter ZEC+0.0240%1h1,468.6+0.090%$19.2M$48.0M20xas long as short
Arcus ZEC-USD+0.0254%1h1,468.5+0.083%$696K$8.7M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,467.7+0.033%$852K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,468.6+0.091%$3.6M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0524%1h1,468.2+0.065%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0738%1h1,472.3+0.347%$44K$46K10xas long as short