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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h −0.086%
Price spread now: StandX against Hyperliquid+0.050%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$300.300% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.079%−$8 on $10k
Price spread, last 7 days−0.102%−$10 · spread now +0.050%, 7d avg −0.020%
Together, before fees−0.182%+ Points / potential airdropHyperliquid: Season 2 · StandX: Active · farm board−$18 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: StandX is 0.070% dearer against Hyperliquid than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ZEC1,473.20.0100pay 0.0013% / 1h7m 24s$768.5M$558.9M10x
ShortStandX ZEC-USD1,473.90.0100get 0.0013% / 1h7m 24s$110K$4.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Hyperliquid. 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: +0.050% → −0.020%
$7.01
Slippage, 4 orders
−$13.01
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee StandX: 4 bp × 2 orders
−$8
Net
−$23
Costs to cover
0.300%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; StandX: live order book, 1 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 Hyperliquid live order book, 11 min ago0.34 bp4.9 bp −$57.6 bp −$76doesn't fitdoesn't fit
Sell StandX live order book, 1 min ago3.80 bp8.3 bp −$810.1 bp −$101doesn't fitdoesn'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−0.3655%1h1,460.2−0.882%$34K$159K12xas long as short
Kraken Futures PF_ZECUSD−0.0434%1h1,472.9−0.021%$17.9M$46.1M25xas long as short
ApeX Omni ZECUSDT−0.0326%1h1,470−0.214%$958K$431K50xas long as short
Variational Omni ZEC−0.0146%8h1,470.7−0.169%$48.1M$31.1Mas long as short
Bybit ZECUSDT−0.0144%8h1,472−0.083%$275.5M$719.2M75xas long as short
BloFin ZEC-USDT−0.0090%8h1,473.1−0.008%$30.0M$79.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.7−0.035%$6K$2K10xas long as short
Ondo Perps ZEC-USD.P−0.0068%1h1,473.3+0.007%$399K$577K5xas long as short
Orderly PERP_ZEC_USDC−0.0014%8h1,472.6−0.040%$284K$1.7M20xas long as short
01 Exchange ZECUSD−0.0008%1h1,473.5+0.017%$9K$10K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZEC-USDT-SWAP−0.0004%8h1,472.2−0.067%$177.1M$1.46B50xas long as short
Aster ZECUSDT−0.0001%8h1,472.7−0.035%$15.0M$36.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,473.8+0.038%$415K$107K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.3+0.003%$979K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,472.6−0.043%$80K$436K10xas long as short
Gate ZEC_USDT+0.0004%8h1,472.8−0.026%$51.1M$196.8M75xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,473.2−0.003%$5.2M150xas long as short
Phoenix ZEC+0.0012%1h1,472.4−0.056%$4.7M$1.7M10xas long as short
MEXC ZEC_USDT+0.0032%8h1,472.8−0.031%$226.9M$978.8M150xas long as short
Binance ZECUSDT+0.0034%8h1,472.3−0.059%$674.3M$2.67B75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0071% / S +0.0044%1h1,472.9−0.018%$577K100xas long as short
Polymarket Perps ZEC-USD+0.0074%1h1,472.2−0.068%$321K$2.5M10xas long as short
Aevo ZEC-PERP+0.0088%1h1,472.4−0.056%$37K$362K20xas long as short
Katana Perps ZEC-USD+0.0091%8h1,473.1−0.007%$12K$889K10xas long as short
Popdex ZECUSDT+0.0096%1h1,472.7−0.032%$176K$2.1M50xas long as short
Paradex ZEC-USD-PERP+0.0099%8h1,472.8−0.030%$61K$37K10xas long as short
RISEx ZEC/USDC+0.0100%1h1,473.5+0.019%$853K$2.6M10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.20.000%$3.1M$7.3M10xas long as short
Hyperliquid ZEClong+0.0100%1h1,473.2long leg$768.5M$558.9M10x
Pacifica ZEC+0.0100%1h1,472.9−0.018%$1.6M$3.3M10xas long as short
Arcus ZEC-USD+0.0100%1h1,475+0.121%$730K$7.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,476.1+0.195%$909K$21K10xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473−0.015%$103.7M$62.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.5−0.048%$170.6M$332.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,471.9−0.087%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,473.7+0.035%$2.4M$3.8M15xas long as short
edgeX ZECUSDC+0.0100%4h1,473.3+0.010%$494K$10.4M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.2−0.070%$3.0M$510K10xas long as short
StandX ZEC-USDshort+0.0100%1h1,473.9+0.050%$110K$4.8M30x
Bullet ZEC-USD+0.0100%1h1,472.7−0.031%$128K$162K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.9−0.155%$447K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,476.5+0.227%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.6−0.039%$224K$5.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,473−0.013%$2.4M$28.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473−0.013%$3.8M$6.0M50xas long as short
Lighter ZEC+0.0104%1h1,474.2+0.065%$19.5M$59.4M20xas long as short
Extended ZEC-USD+0.0104%1h1,472.5−0.046%$3.2M$4.6M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0188%1h1,473.7+0.033%$577K$1.3M25xas long as short
Lighter RH ZEC+0.0216%1h1,474.5+0.086%$1.8M$7.7M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0384%1h1,475+0.121%$3.8M$12.5M50xas long as short
Aftermath Perps ZECUSD+0.0512%1h1,473.6+0.027%$39K$33K10xas long as short