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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.062%
Price spread now: Extended against Hotstuff+0.028%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 fees+ Points / potential airdropHotstuff: Active · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Extended is 0.028% dearer against Hotstuff than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff ZEC-PERP1,460.3−0.0080get 0.0010% / 1h7m 28s$6K$2K10x
ShortExtended ZEC-USD1,460.70.0104get 0.0013% / 1h7m 28s$3.3M$7.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hotstuff. 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
$38.64
Price spread: +0.028% → 0.000%
$2.84
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$31.48
Costs to cover
0.100%
Break-even
1.3 days
Slippage unknown: Hotstuff: no order-book sample; Extended: live order book, 2 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 Hotstuff no order-book sample
Sell Extended live order book, 2 min ago0.45 bp3.0 bp −$39.9 bp −$9951.8 bp −$5,175doesn't fit
Hotstuff: 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−0.3476%1h1,433.1−1.857%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0086%8h1,459−0.086%$28.9M$75.4M75xas long as short
Hotstuff ZEC-PERPlong−0.0080%1h1,460.3long leg$6K$2K10x
Kraken Futures PF_ZECUSD−0.0071%1h1,460−0.019%$17.7M$44.7M25xas long as short
Bybit ZECUSDT−0.0024%8h1,459.2−0.071%$269.3M$677.4M75xas long as short
Variational Omni ZEC−0.0004%8h1,455.9−0.296%$45.6M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,460.9+0.042%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,460.3+0.002%$934K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,459.8−0.029%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,460.9+0.044%$594K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.4+0.009%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,459.8−0.031%$293K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0016% / S +0.0074%1h1,460.2−0.003%$558K100xas long as short
Ondo Perps ZEC-USD.P+0.0033%1h1,457−0.223%$395K$515K5xas long as short
01 Exchange ZECUSD+0.0040%1h1,460.3+0.006%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0057%8h1,460−0.019%$174.4M$1.36B50xas long as short
Gate ZEC_USDT+0.0060%8h1,459.8−0.029%$49.4M$191.2M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,460.1−0.012%$15K$865K10xas long as short
Lighter ZEC+0.0096%1h1,461.8+0.105%$18.9M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,460−0.021%$173K$2.0M50xas long as short
Aster ZECUSDT+0.0099%8h1,460.4+0.011%$15.4M$33.9M75xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,460.1−0.014%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,461.2+0.065%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,460.9+0.045%$755.5M$493.5M10xas long as short
Pacifica ZEC+0.0100%1h1,460.8+0.035%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,460−0.018%$667.7M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,460.1−0.008%$219.5M$899.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.4+0.011%$103.2M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,460.2−0.001%$161.6M$312.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,460−0.016%$101.6Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,461.1+0.061%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,458.9−0.095%$508K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.2−0.071%$3.0M$492K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458.7−0.107%$429K$815K50xas long as short
StandX ZEC-USD+0.0100%1h1,460.5+0.018%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,460−0.017%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,459.9−0.025%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,458.7−0.109%$446K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,462.1+0.125%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,459.9−0.023%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,460.1−0.014%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,459.7−0.039%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,456.7−0.243%$897K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,460.7+0.033%$4.6M$1.6M10xas long as short
Extended ZEC-USDshort+0.0104%1h1,460.7+0.028%$3.3M$7.0M10x
Aevo ZEC-PERP+0.0104%1h1,460−0.016%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,460.8+0.037%$848K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,462.6+0.158%$3.7M$11.6M50xas long as short
Aftermath Perps ZECUSD+0.0483%1h1,459−0.083%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,461.2+0.068%$743K$8.0M10xas long as short
Lighter RH ZEC+0.0584%1h1,462.1+0.125%$1.9M$8.5M10xas long as short