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−0.0037%/8h= −4.0% APRpaid last 24h −0.020%
Price spread now: Aster against GMX+0.027%7-day average −0.044% · 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 3 days (all we have)+0.018%+$2 on $10k
Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.027%, 7d avg −0.044%
Together, before fees−0.148%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.071% dearer against GMX than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.044%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ZEC/USD [WBTC.b-USDC]1,493.7L +0.0137% / S −0.0133%pay 0.0017% / 1h5m 15s$396K100x
ShortAster ZECUSDT1,494.10.0100get 0.0100% / 8h1h 05m$13.9M$30.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against GMX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$7.73
Price spread: +0.027% → −0.044%
$7.14
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$20.59
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Aster: live order book, 4 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 GMX no order-book sample
Sell Aster live order book, 4 min ago0.27 bp5.9 bp −$68.0 bp −$8019.5 bp −$1,94597.6 bp −$48.8K
GMX: 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−0.3684%1h1,479.6−0.942%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,493.8+0.006%$61K$304K10xas long as short
BloFin ZEC-USDT−0.0143%8h1,494.8+0.077%$30.9M$75.1M75xas long as short
Kraken Futures PF_ZECUSD−0.0096%1h1,494.5+0.059%$18.1M$46.5M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,496+0.153%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,495.5+0.124%$416K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,495.8+0.144%$1.5M$4.7M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,494.6+0.060%$682K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,494+0.020%$5.3M150xas long as short
Aftermath Perps ZECUSD+0.0015%1h1,495.2+0.106%$48K$64K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0080%8h1,493.8+0.012%$301K$1.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,495.2+0.105%$171K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,495.1+0.094%$12K$876K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,495.3+0.110%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,495.8+0.140%$3.1M$7.6M10xas long as short
Aster ZECUSDTshort+0.0100%8h1,494.1+0.027%$13.9M$30.9M75x
Pacifica ZEC+0.0100%1h1,495.8+0.146%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,495.2+0.101%$696.5M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,494.4+0.047%$267.7M$630.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,495.2+0.104%$182.5M$1.34B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,494.1+0.029%$408K$554K5xas long as short
Bulk ZEC-USD+0.0100%1h1,494.2+0.039%$903K$7K10xas long as short
Gate ZEC_USDT+0.0100%8h1,494.1+0.027%$55.2M$187.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,495+0.088%$243.2M$799.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,494.8+0.075%$103.1M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,495.2+0.103%$160.8M$289.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,494.1+0.031%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,495.2+0.100%$48.9M$34.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,495.1+0.098%$573K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,494.7+0.071%$3.1M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,496.3+0.179%$412K$942K50xas long as short
StandX ZEC-USD+0.0100%1h1,496.1+0.162%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,495.2+0.103%$358K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,493.9+0.019%$164K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,495.2+0.101%$456K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,495.7+0.138%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,494.2+0.036%$254K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,494.5+0.059%$2.7M$20.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,494.5+0.058%$4.0M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,494.1+0.029%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,493.8+0.011%$43K$151K20xas long as short
Hyperliquid ZEC+0.0105%1h1,495.6+0.130%$780.4M$446.2M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,495.5+0.123%$8K$7K5xas long as short
RISEx ZEC/USDC+0.0129%1h1,495.4+0.113%$939K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,496.6+0.196%$4.8M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]longL +0.0137% / S −0.0133%1h1,493.7long leg$396K100x
Lighter RH ZEC+0.0192%1h1,496.1+0.161%$2.1M$7.5M10xas long as short
Arcus ZEC-USD+0.0221%1h1,496.3+0.178%$610K$8.7M10xas long as short
Backpack ZEC_USDC_PERP+0.0259%1h1,495.5+0.126%$2.3M$3.9M15xas long as short
Lighter ZEC+0.0264%1h1,496+0.157%$19.6M$47.1M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,495.4+0.115%$3.7M$10.1M50xas long as short