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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.036%
Price spread now: Bybit against HTX+0.081%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$330.333% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.284%+$28 on $10k
Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.081%, 7d avg +0.014%
Together, before fees+0.083%+$8 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: Bybit is 0.067% dearer against HTX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ZEC-USDT1,4770.0100pay 0.0100% / 8h1h 30m$2.6M$19.7M75x
ShortBybit ZECUSDT1,478.20.0100get 0.0100% / 8h1h 30m$265.6M$631.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.081% → +0.014%
$6.7
Slippage, 4 orders
−$10.3
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$26.6
Costs to cover
0.333%
Break-even
never at this rate
Slippage from HTX: live order book, 3 min ago; Bybit: live order book, 8 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, 3 min ago1.69 bp10.3 bp −$1014.8 bp −$14837.5 bp −$3,748doesn't fit
Sell Bybit live order book, 8 min ago0.03 bp6.3 bp −$68.8 bp −$8819.9 bp −$1,987doesn't fit

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−0.3684%1h1,462−1.014%$36K$275K12xas long as short
Bulk ZEC-USD−0.0166%1h1,477.1+0.007%$892K$9K10xas long as short
BloFin ZEC-USDT−0.0131%8h1,478+0.065%$30.5M$73.8M75xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,478+0.070%$17.9M$47.2M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,477.1+0.004%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,477.7+0.046%$411K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,480+0.200%$1.5M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,476.2−0.051%$63K$303K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,478+0.070%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0077%8h1,477.9+0.058%$298K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,477.8+0.053%$163K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,477.1+0.007%$13K$866K10xas long as short
Nado ZEC-PERP+0.0100%1h1,477.9+0.063%$2.7M$7.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,477.6+0.042%$13.8M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,477.3+0.018%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,478.3+0.091%$688.2M$2.30B75xas long as short
Bybit ZECUSDTshort+0.0100%8h1,478.2+0.081%$265.6M$631.9M75x
OKX ZEC-USDT-SWAP+0.0100%8h1,478.4+0.096%$179.0M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,472.5−0.305%$403K$507K5xas long as short
Gate ZEC_USDT+0.0100%8h1,478.1+0.072%$54.3M$182.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,478.1+0.077%$240.8M$783.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,478.3+0.085%$101.2M$57.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,477.9+0.062%$159.0M$288.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,477.9+0.061%$115.2Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,479+0.132%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,477.6+0.042%$48.1M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,476.5−0.035%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,478.1+0.074%$3.0M$498K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,476.9−0.008%$406K$935K50xas long as short
StandX ZEC-USD+0.0100%1h1,476.9−0.006%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,477.4+0.027%$357K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,477.9+0.060%$162K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.4−0.244%$450K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,479.7+0.183%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,478+0.066%$252K$3.5M10xas long as short
HTX ZEC-USDTlong+0.0100%8h1,477long leg$2.6M$19.7M75x
Phemex ZECUSDT+0.0100%8h1,478.4+0.094%$3.9M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,4770.000%$61K$43K10xas long as short
Extended ZEC-USD+0.0104%1h1,478+0.064%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,477.9+0.062%$42K$152K20xas long as short
Aftermath Perps ZECUSD+0.0106%1h1,477.7+0.045%$47K$64K10xas long as short
RISEx ZEC/USDC+0.0129%1h1,477.7+0.046%$925K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,476.1−0.058%$4.7M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0143% / S −0.0148%1h1,478.1+0.075%$479K100xas long as short
01 Exchange ZECUSD+0.0144%1h1,478.1+0.074%$8K$7K5xas long as short
Arcus ZEC-USD+0.0221%1h1,479.4+0.164%$635K$8.6M10xas long as short
Hyperliquid ZEC+0.0247%1h1,479.5+0.168%$767.9M$442.2M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0258%1h1,478.9+0.125%$675K$1.4M25xas long as short
Lighter RH ZEC+0.0264%1h1,480.2+0.213%$2.1M$7.4M10xas long as short
Lighter ZEC+0.0320%1h1,479.7+0.180%$19.4M$45.8M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,478.4+0.093%$3.6M$9.9M50xas long as short