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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.07 per $10,000 · paid last 24h −0.017%
Price spread now: 01 Exchange against GMX+0.038%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and 01 Exchange is 0.038% dearer against GMX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ZEC/USD [WBTC.b-USDC]1,468.5L +0.0009% / S +0.0079%pay 0.0001% / 1h45m 27s$543K100x
Short01 Exchange ZECUSD1,469.10.0064get 0.0008% / 1h45m 27s$8K$8K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$11.52
Price spread: +0.038% → 0.000%
$3.77
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$3.71
Costs to cover
0.190%
Break-even
9.3 days
Slippage unknown: GMX: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample
GMX and 01 Exchange: 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−0.3310%1h1,462.9−0.380%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,467.8−0.046%$17.8M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0118%1h1,466.9−0.110%$398K$521K5xas long as short
BloFin ZEC-USDT−0.0097%8h1,467.7−0.059%$29.3M$75.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.1+0.038%$6K$2K10xas long as short
Bybit ZECUSDT−0.0045%8h1,467.9−0.042%$271.7M$675.6M75xas long as short
Variational Omni ZEC−0.0022%8h1,467.6−0.062%$46.6M$34.0Mas long as short
dYdX ZEC-USD0.0000%1h1,469.2+0.049%$414K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.6+0.003%$889K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,468.1−0.031%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,468.9+0.024%$598K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,468.7+0.010%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]longL +0.0009% / S +0.0079%1h1,468.5long leg$543K100x
Orderly PERP_ZEC_USDC+0.0015%8h1,468.1−0.029%$294K$1.5M20xas long as short
ApeX Omni ZECUSDT+0.0045%1h1,467.1−0.095%$431K$818K50xas long as short
OKX ZEC-USDT-SWAP+0.0050%8h1,467.9−0.045%$176.1M$1.36B50xas long as short
Bulk ZEC-USD+0.0054%1h1,460.6−0.541%$899K$25K10xas long as short
Gate ZEC_USDT+0.0060%8h1,468.5−0.002%$50.0M$184.2M75xas long as short
01 Exchange ZECUSDshort+0.0064%1h1,469.1+0.038%$8K$8K5x
Phoenix ZEC+0.0075%1h1,459.6−0.606%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,469+0.031%$14K$864K10xas long as short
Lighter ZEC+0.0096%1h1,470.6+0.144%$19.0M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,468.5−0.002%$173K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468.5−0.003%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470+0.101%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.6+0.074%$761.3M$490.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.8+0.021%$15.4M$33.1M75xas long as short
Pacifica ZEC+0.0100%1h1,469.4+0.060%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.1−0.026%$675.8M$2.51B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,468.4−0.005%$222.2M$855.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,468.50.000%$103.3M$56.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.2−0.022%$162.8M$308.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,468−0.039%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,465.9−0.178%$510K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468.6+0.005%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,466.9−0.111%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.7+0.013%$346K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,468.3−0.017%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.4−0.143%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,470.7+0.151%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,468−0.034%$223K$4.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468−0.039%$2.4M$23.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.5−0.001%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,469.1+0.038%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.9−0.039%$37K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,469.2+0.049%$845K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0226%1h1,468.5−0.005%$2.3M$4.0M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,470.5+0.138%$3.7M$11.7M50xas long as short
Lighter RH ZEC+0.0432%1h1,470.9+0.164%$2.0M$8.2M10xas long as short
Arcus ZEC-USD+0.0444%1h1,469.6+0.071%$730K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0529%1h1,466−0.172%$41K$34K10xas long as short