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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.008%
Price spread now: edgeX against Extended−0.302%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$230.232% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.101%+$10 on $10k
Price spread, last 7 days+0.306%+$31 · spread now −0.302%, 7d avg −0.025%
Together, before fees+0.407%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$41 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: edgeX is 0.277% cheaper against Extended than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,466.20.0104pay 0.0013% / 1h53m 14s$2.8M$7.7M10x
ShortedgeX ZECUSDC1,461.80.0100get 0.0050% / 4h1h 53m$569K$8.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Extended. 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
−$0.84
Price spread: −0.302% → −0.025%
−$27.74
Slippage, 4 orders
−$9.21
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$51.79
Costs to cover
0.232%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; edgeX: 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 Extended live order book, 6 min ago3.00 bp7.2 bp −$713.5 bp −$135124.9 bp −$12.5Kdoesn't fit
Sell edgeX live order book, 1 min ago0.38 bp4.9 bp −$59.2 bp −$92doesn't fitdoesn't fit

ZEC on 50 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%1h1,469.5+0.226%$34K$272K12xas long as short
ApeX Omni ZECUSDT−0.0430%1h1,464−0.155%$426K$879K50xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,464.1−0.145%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0014%1h1,465.5−0.049%$397K$440K5xas long as short
dYdX ZEC-USD0.0000%1h1,465.1−0.080%$413K$47K5xas long as short
Kalshi KXZECPERP0.0000%8h1,467.8+0.104%$968K$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,465.6−0.046%$84K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,466.3+0.006%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0034%8h1,465.8−0.027%$293K$983K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,466.2+0.002%$383K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0074%1h1,462.9−0.224%$4.6M$1.4M10xas long as short
Variational Omni ZEC+0.0084%8h1,465.1−0.080%$47.8M$32.1Mas long as short
01 Exchange ZECUSD+0.0096%1h1,466.9+0.049%$8K$7K5xas long as short
Popdex ZECUSDT+0.0096%1h1,465.9−0.025%$174K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0098%8h1,465.2−0.070%$180.6M$1.24B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,465.7−0.034%$19K$846K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.4+0.010%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,466.5+0.016%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467.4+0.080%$764.9M$432.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,465.5−0.046%$14.7M$29.0M75xas long as short
Pacifica ZEC+0.0100%1h1,466.4+0.015%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,465.9−0.021%$677.1M$2.25B75xas long as short
Bybit ZECUSDT+0.0100%8h1,465.3−0.065%$271.4M$604.1M75xas long as short
Bulk ZEC-USD+0.0100%1h1,462.6−0.250%$888K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,466.3+0.007%$50.1M$170.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,465.7−0.035%$215.5M$768.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466−0.012%$103.1M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,465.4−0.056%$162.8M$275.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,465.7−0.037%$6.7Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,461.8−0.302%$569K$8.9M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,465.9−0.020%$3.0M$430K10xas long as short
StandX ZEC-USD+0.0100%1h1,464.6−0.110%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,465.7−0.035%$342K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.2−0.001%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,464.7−0.107%$447K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,468.2+0.136%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.1−0.010%$242K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,465.9−0.021%$2.5M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,465.8−0.028%$3.9M$5.2M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,466.2long leg$2.8M$7.7M10x
Aevo ZEC-PERP+0.0104%1h1,465.6−0.042%$48K$155K20xas long as short
Lighter ZEC+0.0152%1h1,467.1+0.063%$19.2M$45.8M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0152%1h1,466.8+0.042%$612K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0162%1h1,466−0.016%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0194%1h1,466−0.016%$18.0M$43.7M25xas long as short
Arcus ZEC-USD+0.0277%1h1,467.9+0.112%$698K$8.5M10xas long as short
Lighter RH ZEC+0.0288%1h1,467.6+0.097%$2.1M$6.8M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,466.6+0.028%$849K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,467.9+0.113%$3.7M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0730%1h1,467.1+0.063%$43K$46K10xas long as short