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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.004%
Price spread now: Variational Omni against dYdX+0.202%7-day average −0.055% · 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 4 days (all we have)−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.075%+$7 · spread now +0.202%, 7d avg −0.055%
Together, before fees+0.068%+ Points / potential airdropVariational Omni: Active · farm board+$7 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 Variational Omni is 0.257% dearer against dYdX than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZEC-USD1,502.70get 0.0000% / 1h54m 31s$414K$37K5x
ShortVariational Omni ZEC1,505.70.0100get 0.0100% / 8h5h 54m$49.5M$34.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.202% → −0.055%
$25.72
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$36.72
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: dYdX: live order book, 57 min ago; Variational Omni: RFQ quote, 3 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 dYdX live order book, 57 min ago37.84 bp42.8 bp −$4389.4 bp −$894144.2 bp −$14.4K691.7 bp −$345.9K
Sell Variational Omni RFQ quote, 3 min ago2.76 bpdoesn't fit6.9 bp −$6915.9 bp −$1,585doesn't fit

ZEC on 50 exchanges

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−0.4130%1h1,480−1.510%$36K$267K12xas long as short
BloFin ZEC-USDT−0.0186%8h1,502.9+0.015%$31.8M$72.9M75xas long as short
Aftermath Perps ZECUSD−0.0094%1h1,504.4+0.112%$46K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,503.6+0.062%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0068%1h1,500.9−0.118%$409K$498K5xas long as short
dYdX ZEC-USDlong0.0000%1h1,502.7long leg$414K$37K5x
Kalshi KXZECPERP0.0000%8h1,504.4+0.117%$1.5M$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,502−0.045%$63K$300K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,505.1+0.161%$5.4M150xas long as short
01 Exchange ZECUSD+0.0016%1h1,503.1+0.027%$8K$6K5xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx ZEC/USDC+0.0032%1h1,502.8+0.007%$909K$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0043%1h1,503.5+0.058%$685K$1.3M25xas long as short
Orderly PERP_ZEC_USDC+0.0071%8h1,502.4−0.021%$303K$856K20xas long as short
Aster ZECUSDT+0.0095%8h1,502.6−0.005%$14.1M$26.9M75xas long as short
Lighter ZEC+0.0096%1h1,503.9+0.084%$19.9M$38.9M20xas long as short
Lighter RH ZEC+0.0096%1h1,504.5+0.122%$2.1M$7.0M10xas long as short
Popdex ZECUSDT+0.0096%1h1,502.8+0.007%$169K$1.5M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,502.6−0.008%$25K$880K10xas long as short
Kraken Futures PF_ZECUSD+0.0099%1h1,503.2+0.036%$18.5M$46.2M25xas long as short
Paradex ZEC-USD-PERP+0.0099%8h1,502.9+0.013%$62K$14K10xas long as short
Nado ZEC-PERP+0.0100%1h1,503.2+0.034%$3.1M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,503.9+0.082%$789.4M$429.4M10xas long as short
Pacifica ZEC+0.0100%1h1,503.6+0.062%$1.7M$1.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,502.9+0.014%$707.5M$2.19B75xas long as short
Bybit ZECUSDT+0.0100%8h1,502.8+0.009%$276.0M$588.5M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,502.7+0.004%$185.9M$1.30B50xas long as short
Arcus ZEC-USD+0.0100%1h1,503.7+0.068%$594K$8.4M10xas long as short
Gate ZEC_USDT+0.0100%8h1,502.8+0.006%$62.8M$171.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,503.1+0.029%$177.9M$823.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,503.1+0.027%$105.3M$53.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,503.1+0.027%$164.2M$279.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,503.1+0.027%$122.6Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,503.2+0.037%$2.2M$3.7M15xas long as short
Variational Omni ZECshort+0.0100%8h1,505.7+0.202%$49.5M$34.0M
edgeX ZECUSDC+0.0100%4h1,504.6+0.125%$550K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,506.7+0.270%$3.1M$599K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,504.2+0.104%$411K$948K50xas long as short
StandX ZEC-USD+0.0100%1h1,505.8+0.208%$112K$4.5M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,502.9+0.015%$370K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,502.9+0.018%$167K$188K20xas long as short
SunX ZEC-USDT+0.0100%8h1,505.3+0.175%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,502.7+0.001%$257K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,502.3−0.023%$2.6M$20.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,503.9+0.083%$4.0M$4.8M50xas long as short
Bulk ZEC-USD+0.0100%1h1,505.5+0.190%$781K$158K10xas long as short
Extended ZEC-USD+0.0104%1h1,503+0.021%$2.7M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,502.5−0.010%$37K$163K20xas long as short
Phoenix ZEC+0.0139%1h1,506.5+0.252%$4.8M$1.3M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0185% / S −0.0196%1h1,503.2+0.033%$350K100xas long as short
Coinbase International ZEC-PERP-INTX+0.0352%1h1,504.7+0.133%$3.9M$9.5M50xas long as short