Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0412%/8hpaid last 24h +0.163%

Price spread now: Aftermath Perps against HTX+0.071%50s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Aftermath Perps

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Aftermath Perps is 0.071% dearer against HTX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ZEC-USDT	1,473	0.0100	pay 0.0100% / 8h	4h 06m	$2.4M	$28.6M	75x
Short	Aftermath Perps ZECUSD	1,474.1	0.0512	get 0.0064% / 1h	6m 28s	$39K	$33K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee Aftermath PerpsbpOrdersPrice spread, now +0.071%Rate

Funding earned: $86.53
Price spread: +0.071% → 0.000%: $7.06
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $72.59
Costs to cover: 0.210%
Break-even: 1.1 days

Slippage unknown: HTX: live order book, 2 min ago; Aftermath Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 2 min ago	1.83 bp	9.7 bp −$10	11.6 bp −$116	37.0 bp −$3,704	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3655%	1h	1,460.2	−0.870%	$34K	$159K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0435%	1h	1,472.2	−0.054%	$17.9M	$46.1M	25x	as long as short
ApeX Omni ZECUSDT	−0.0326%	1h	1,470	−0.202%	$958K	$431K	50x	as long as short
Variational Omni ZEC	−0.0146%	8h	1,470.7	−0.156%	$48.1M	$31.1M	—	as long as short
Bybit ZECUSDT	−0.0141%	8h	1,472.8	−0.018%	$275.7M	$719.2M	75x	as long as short
BloFin ZEC-USDT	−0.0086%	8h	1,472.1	−0.060%	$30.1M	$78.9M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,472.8	−0.014%	$6K	$2K	10x	as long as short
Ondo Perps ZEC-USD.P	−0.0069%	1h	1,473.3	+0.019%	$399K	$572K	5x	as long as short
Orderly PERP_ZEC_USDC	−0.0014%	8h	1,472.6	−0.028%	$284K	$1.7M	20x	as long as short
01 Exchange ZECUSD	−0.0008%	1h	1,473.6	+0.041%	$9K	$10K	5x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ZEC-USDT-SWAP	−0.0004%	8h	1,473	−0.001%	$177.1M	$1.45B	50x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,473.8	+0.050%	$415K	$107K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,473.2	+0.011%	$979K	$5.7M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,472.8	−0.017%	$80K	$436K	10x	as long as short
Aster ZECUSDT	0.0000%	8h	1,472.8	−0.015%	$15.0M	$36.1M	75x	as long as short
Gate ZEC_USDT	+0.0005%	8h	1,472.7	−0.019%	$51.1M	$196.9M	75x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,473.2	+0.010%	$5.2M	—	150x	as long as short
Phoenix ZEC	+0.0012%	1h	1,472.4	−0.044%	$4.7M	$1.7M	10x	as long as short
MEXC ZEC_USDT	+0.0033%	8h	1,473.3	+0.020%	$227.4M	$979.1M	150x	as long as short
Binance ZECUSDT	+0.0035%	8h	1,473.1	+0.003%	$674.7M	$2.67B	75x	as long as short
Polymarket Perps ZEC-USD	+0.0069%	1h	1,472.8	−0.015%	$322K	$2.5M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0071% / S +0.0044%	1h	1,472.9	−0.006%	$577K	—	100x	as long as short
Aevo ZEC-PERP	+0.0088%	1h	1,472.4	−0.044%	$37K	$362K	20x	as long as short
Katana Perps ZEC-USD	+0.0091%	8h	1,473.1	+0.005%	$12K	$889K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0091%	1h	1,473.2	+0.012%	$576K	$1.3M	25x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,473	−0.001%	$176K	$2.1M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0099%	8h	1,472.8	−0.017%	$61K	$37K	10x	as long as short
RISEx ZEC/USDC	+0.0100%	1h	1,473.5	+0.035%	$853K	$2.6M	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,473	−0.002%	$3.1M	$7.3M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,473.6	+0.039%	$768.7M	$558.9M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,473.2	+0.010%	$1.6M	$3.3M	10x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,474.8	+0.121%	$731K	$7.4M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,476.1	+0.208%	$909K	$21K	10x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,472.9	−0.007%	$103.6M	$62.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,473.6	+0.039%	$170.7M	$331.9M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,472.5	−0.036%	—	$6.8M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,473.3	+0.016%	$2.4M	$3.8M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,473.3	+0.022%	$494K	$10.4M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,472.2	−0.058%	$3.0M	$510K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,473.9	+0.062%	$110K	$4.8M	30x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,473.3	+0.020%	$128K	$162K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,470.9	−0.142%	$447K	$493K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,476.5	+0.234%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,472.2	−0.056%	$224K	$5.2M	10x	as long as short
HTX ZEC-USDTlong	+0.0100%	8h	1,473	long leg	$2.4M	$28.6M	75x
Phemex ZECUSDT	+0.0100%	8h	1,472.7	−0.025%	$3.8M	$6.0M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,472.9	−0.010%	$3.2M	$4.6M	10x	as long as short
Lighter ZEC	+0.0112%	1h	1,474.2	+0.080%	$19.5M	$59.4M	20x	as long as short
Lighter RH ZEC	+0.0224%	1h	1,474.5	+0.098%	$1.8M	$7.7M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0384%	1h	1,475	+0.133%	$3.8M	$12.5M	50x	as long as short
Aftermath Perps ZECUSDshort	+0.0512%	1h	1,474.1	+0.071%	$39K	$33K	10x