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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.029%
Price spread now: StandX against dYdX−0.059%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1041.043% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 4 days (all we have)−0.204%−$20 · spread now −0.059%, 7d avg +0.017%
Together, before fees−0.162%+ Points / potential airdropStandX: Active · farm board−$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. StandX is 0.077% cheaper against dYdX than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of +0.017%). If the spread goes back, that is −$8 on $10k: about 2.6 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.042% in total) that is about 13 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZEC-USD1,485.40get 0.0000% / 1h23m 18s$413K$35K5x
ShortStandX ZEC-USD1,484.50.0100get 0.0013% / 1h23m 18s$56K$4.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$21
Price spread: −0.059% → +0.017%
−$7.67
Slippage, 4 orders
−$86.31
Fee dYdX: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$90.98
Costs to cover
1.043%
Break-even
37.3 days
Slippage from dYdX: live order book, 21 min ago; StandX: live order book, 1 min ago.

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, 21 min ago36.73 bp41.7 bp −$4244.1 bp −$441113.8 bp −$11.4K360.0 bp −$180.0K
Sell StandX live order book, 1 min ago6.06 bp10.1 bp −$1012.0 bp −$120doesn'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−0.3684%1h1,461.9−1.581%$36K$275K12xas long as short
Bulk ZEC-USD−0.0166%1h1,477.1−0.558%$892K$9K10xas long as short
BloFin ZEC-USDT−0.0130%8h1,483.5−0.125%$30.4M$74.2M75xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,485−0.024%$18.0M$46.7M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,485.3−0.008%$6K$1K10xas long as short
dYdX ZEC-USDlong0.0000%1h1,485.4long leg$413K$35K5x
Kalshi KXZECPERP0.0000%8h1,486.9+0.101%$1.6M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,484.6−0.050%$62K$304K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,481.3−0.277%$5.3M150xas long as short
Aftermath Perps ZECUSD+0.0072%1h1,480.7−0.319%$47K$64K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0077%8h1,486.7+0.090%$299K$1.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,486+0.040%$168K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,485.6+0.015%$11K$876K10xas long as short
Nado ZEC-PERP+0.0100%1h1,485.5+0.006%$2.7M$7.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,486.1+0.045%$13.9M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,485.9+0.033%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,486.4+0.068%$692.4M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,486+0.040%$265.7M$633.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,486.6+0.079%$179.9M$1.32B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,482.2−0.215%$403K$511K5xas long as short
Gate ZEC_USDT+0.0100%8h1,486.2+0.057%$54.5M$184.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,486.3+0.059%$245.3M$786.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,486.1+0.050%$101.8M$57.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,486.6+0.081%$160.0M$289.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,486.1+0.046%$115.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,486.3+0.059%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,480.4−0.335%$48.2M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,476.5−0.601%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,477−0.567%$3.0M$511K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,476.4−0.609%$406K$936K50xas long as short
StandX ZEC-USDshort+0.0100%1h1,484.5−0.059%$56K$4.6M30x
Polymarket Perps ZEC-USD+0.0100%1h1,486+0.041%$357K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,486.4+0.068%$163K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.4−0.807%$450K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,489.2+0.255%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,484.8−0.040%$253K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,484.6−0.052%$2.6M$19.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,485.5+0.004%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,485.6+0.017%$61K$43K10xas long as short
Extended ZEC-USD+0.0104%1h1,486.4+0.070%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,486.6+0.083%$43K$152K20xas long as short
RISEx ZEC/USDC+0.0129%1h1,485.2−0.010%$929K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,481.2−0.283%$4.7M$1.4M10xas long as short
01 Exchange ZECUSD+0.0136%1h1,485.4+0.001%$8K$7K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0147% / S −0.0158%1h1,484.9−0.035%$481K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0154%1h1,485.8+0.025%$678K$1.4M25xas long as short
Arcus ZEC-USD+0.0221%1h1,486.7+0.088%$636K$8.7M10xas long as short
Hyperliquid ZEC+0.0245%1h1,487.4+0.135%$772.2M$441.5M10xas long as short
Lighter RH ZEC+0.0248%1h1,487.3+0.129%$2.1M$7.4M10xas long as short
Lighter ZEC+0.0312%1h1,487.1+0.114%$19.6M$46.0M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,486.5+0.077%$3.6M$10.0M50xas long as short