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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against edgeX+0.211%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$220.217% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 7 days−0.176%−$18 · spread now +0.211%, 7d avg +0.097%
Together, before fees−0.177%+ Points / potential airdropedgeX: Active · Nado: Active · farm board−$18 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: Nado is 0.114% dearer against edgeX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,453.20.0100pay 0.0050% / 4h1h 28m$565K$8.9M20x
ShortNado ZEC-PERP1,456.20.0100get 0.0012% / 1h28m 53s$2.6M$6.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against edgeX. 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: +0.211% → +0.097%
$11.41
Slippage, 4 orders
−$5.68
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$10.27
Costs to cover
0.217%
Break-even
never at this rate
Slippage from edgeX: live order book, 5 min ago; Nado: live order book, 5 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 edgeX live order book, 5 min ago1.03 bp5.5 bp −$612.9 bp −$129doesn't fitdoesn't fit
Sell Nado live order book, 5 min ago0.03 bp5.3 bp −$510.1 bp −$10134.0 bp −$3,396doesn'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−0.3244%1h1,455.5+0.161%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0082%8h1,456.6+0.239%$29.1M$71.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,458+0.335%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,457.2+0.279%$410K$44K5xas long as short
Kalshi KXZECPERP0.0000%8h1,458+0.332%$1.5M$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,456.9+0.259%$83K$243K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,456.6+0.238%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0044%8h1,456.5+0.229%$291K$979K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,456.2+0.207%$409K100xas long as short
Phoenix ZEC+0.0074%1h1,459.6+0.440%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni ZECUSDT+0.0094%1h1,456.7+0.242%$410K$911K50xas long as short
Popdex ZECUSDT+0.0096%1h1,457.4+0.294%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,458.7+0.381%$24K$872K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.7+0.312%$60K$43K10xas long as short
Nado ZEC-PERPshort+0.0100%1h1,456.2+0.211%$2.6M$6.5M10x
Hyperliquid ZEC+0.0100%1h1,457.1+0.271%$762.5M$438.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,455.8+0.182%$14.4M$28.5M75xas long as short
Pacifica ZEC+0.0100%1h1,458+0.330%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,456+0.194%$666.9M$2.27B75xas long as short
Bybit ZECUSDT+0.0100%8h1,455.8+0.181%$266.1M$612.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,456.2+0.208%$178.7M$1.24B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,457.5+0.298%$396K$436K5xas long as short
Bulk ZEC-USD+0.0100%1h1,451.2−0.134%$879K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,455.9+0.188%$49.5M$173.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.2+0.208%$212.5M$776.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,455.8+0.181%$102.0M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,456+0.195%$161.8M$278.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,456.7+0.242%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,456.2+0.210%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,454.2+0.073%$47.0M$32.4Mas long as short
edgeX ZECUSDClong+0.0100%4h1,453.2long leg$565K$8.9M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,458.3+0.350%$3.0M$419K10xas long as short
StandX ZEC-USD+0.0100%1h1,457.8+0.320%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457+0.264%$331K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,456.5+0.227%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,455.1+0.133%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,459.3+0.420%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,455.9+0.186%$233K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,456+0.194%$2.6M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,456.3+0.214%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,455.8+0.180%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,456.1+0.199%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0128%1h1,458.1+0.337%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,455.5+0.162%$18.0M$44.7M25xas long as short
Lighter ZEC+0.0208%1h1,457.4+0.292%$19.0M$46.5M20xas long as short
Arcus ZEC-USD+0.0277%1h1,459.4+0.427%$706K$8.5M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0295%1h1,457.1+0.272%$613K$1.3M25xas long as short
Lighter RH ZEC+0.0344%1h1,457.7+0.309%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,458+0.330%$832K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,458.2+0.349%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0698%1h1,455.5+0.158%$45K$49K10xas long as short