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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0346%/8h= +37.9% APRnext payment +$0.43 per $10,000 · paid last 24h +0.009%
Price spread now: RISEx against GMX+0.007%7-day average +0.004% · 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)+0.241%+$24 on $10k
Price spread, last 4 days (all we have)−0.310%−$31 · spread now +0.007%, 7d avg +0.004%
Together, before fees−0.069%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ZEC/USD [WBTC.b-USDC]1,452.5L +0.0066% / S −0.0017%pay 0.0008% / 1h37m 19s$408K100x
ShortRISEx ZEC/USDC1,452.60.0412get 0.0052% / 1h37m 19s$919K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against GMX. 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
$72.75
Price spread: +0.007% → +0.004%
$0.3
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
$55.06
Costs to cover
0.180%
Break-even
1.7 days
Slippage unknown: GMX: no order-book sample; RISEx: live order book, 1 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 RISEx live order book, 1 min ago2.13 bp5.1 bp −$58.8 bp −$88doesn't fitdoesn't fit
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−0.3166%1h1,436.3−1.114%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,453.2+0.048%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0068%8h1,453+0.038%$29.3M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,452.4−0.007%$409K$38K5xas long as short
Kalshi KXZECPERP0.0000%8h1,453.1+0.039%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,451.6−0.060%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452.7+0.013%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0061%8h1,452.6+0.008%$291K$957K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]longL +0.0066% / S −0.0017%1h1,452.5long leg$408K100x
01 Exchange ZECUSD+0.0080%1h1,452.4−0.006%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,452.4−0.008%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,452−0.032%$11K$874K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,452.9+0.029%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,452.4−0.005%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,452.9+0.028%$755.7M$431.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,452.6+0.009%$14.4M$27.6M75xas long as short
Pacifica ZEC+0.0100%1h1,452.9+0.029%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,453+0.035%$666.7M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,452.7+0.017%$261.5M$601.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,452.8+0.023%$177.3M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,452.1−0.027%$394K$440K5xas long as short
Bulk ZEC-USD+0.0100%1h1,450.7−0.123%$875K$29K10xas long as short
Gate ZEC_USDT+0.0100%8h1,452.9+0.028%$50.0M$173.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,452.5−0.001%$216.6M$770.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,452.1−0.030%$102.1M$54.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,453.1+0.039%$165.0M$273.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,452.4−0.009%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,452.8+0.021%$2.4M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,449.4−0.211%$47.5M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,452.2−0.018%$566K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,452.9+0.028%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,451.6−0.064%$404K$925K50xas long as short
StandX ZEC-USD+0.0100%1h1,452.4−0.005%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451.9−0.040%$365K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,453.1+0.044%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451.5−0.068%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,454.4+0.132%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.9+0.028%$233K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,452.5+0.004%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,452.7+0.017%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,452.8+0.022%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,452−0.032%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,452.5+0.001%$4.6M$1.3M10xas long as short
Kraken Futures PF_ZECUSD+0.0278%1h1,452.8+0.019%$18.0M$44.9M25xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0280%1h1,453.5+0.071%$608K$1.3M25xas long as short
Lighter ZEC+0.0328%1h1,454.4+0.134%$19.1M$45.9M20xas long as short
RISEx ZEC/USDCshort+0.0412%1h1,452.6+0.007%$919K$1.1M10x
Coinbase International ZEC-PERP-INTX+0.0448%1h1,454.8+0.157%$3.8M$9.0M50xas long as short
Lighter RH ZEC+0.0488%1h1,454.9+0.169%$2.0M$6.9M10xas long as short
Arcus ZEC-USD+0.0626%1h1,454.3+0.124%$707K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0675%1h1,451.9−0.042%$44K$49K10xas long as short