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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%
Price spread now: Bulk against HTX+0.202%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$280.279% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.035%+$4 on $10k
Price spread, last 4 days (all we have)−0.707%−$71 · spread now +0.202%, 7d avg 0.000%
Together, before fees−0.672%−$67 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.201% dearer against HTX than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ZEC-USDT1,447.80.0100pay 0.0100% / 8h4h 42m$2.6M$18.2M75x
ShortBulk ZEC-USD1,450.70.0100get 0.0013% / 1h42m 03s$875K$29K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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

Funding earned
$0
Price spread: +0.202% → 0.000%
$20.13
Slippage, 4 orders
−$8.92
Fee HTX: 6 bp × 2 orders
−$12
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$7.79
Costs to cover
0.279%
Break-even
never at this rate
Slippage from HTX: live order book, 2 min ago; Bulk: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 2 min ago1.59 bp12.1 bp −$1220.6 bp −$20649.5 bp −$4,947doesn't fit
Sell Bulk live order book, 17 min ago0.03 bp3.5 bp −$43.5 bp −$359.1 bp −$90518.3 bp −$9,159

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%1h1,451.5+0.254%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,450.5+0.189%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0069%8h1,450.3+0.173%$29.2M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,449.9+0.143%$408K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,450+0.155%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,449+0.084%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,448.9+0.076%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0059%8h1,449+0.086%$290K$958K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0065% / S −0.0016%1h1,448.7+0.064%$407K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,449.4+0.111%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,449.3+0.108%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,449.1+0.092%$11K$875K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,450+0.152%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,450.1+0.163%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,450+0.153%$754.2M$434.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,449.4+0.110%$14.4M$27.7M75xas long as short
Pacifica ZEC+0.0100%1h1,450.9+0.213%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,449.5+0.117%$665.3M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,449.2+0.100%$260.7M$602.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,449.8+0.139%$176.8M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,448.7+0.064%$394K$444K5xas long as short
Bulk ZEC-USDshort+0.0100%1h1,450.7+0.202%$875K$29K10x
Gate ZEC_USDT+0.0100%8h1,449+0.081%$49.8M$173.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,448.8+0.070%$214.8M$769.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,449.3+0.105%$102.0M$54.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,449.1+0.092%$164.5M$274.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,450.4+0.182%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,449.2+0.100%$2.4M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,447.3−0.031%$47.4M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,447.5−0.021%$563K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,450.6+0.193%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,449.9+0.146%$403K$921K50xas long as short
StandX ZEC-USD+0.0100%1h1,450.9+0.216%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,449+0.084%$365K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,449.2+0.095%$159K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,447.9+0.007%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,452.1+0.296%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,449+0.086%$232K$3.4M10xas long as short
HTX ZEC-USDTlong+0.0100%8h1,447.8long leg$2.6M$18.2M75x
Phemex ZECUSDT+0.0100%8h1,449.1+0.093%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,448.7+0.066%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,448.8+0.069%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,451.4+0.249%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0231%1h1,449.6+0.122%$608K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0279%1h1,448.7+0.067%$17.9M$44.9M25xas long as short
Lighter ZEC+0.0320%1h1,450.3+0.175%$19.1M$45.9M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,449.5+0.116%$919K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,452.6+0.335%$3.8M$9.0M50xas long as short
Lighter RH ZEC+0.0464%1h1,450.7+0.200%$2.0M$6.9M10xas long as short
Arcus ZEC-USD+0.0626%1h1,449.3+0.103%$737K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0672%1h1,449.8+0.141%$44K$49K10xas long as short