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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0003%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.038%
Price spread now: 01 Exchange against Hyperliquid−0.046%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: 01 Exchange is 0.046% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ZEC1,454.10.0123pay 0.0015% / 1h49m 27s$756.3M$428.5M10x
Short01 Exchange ZECUSD1,453.40.0120get 0.0015% / 1h49m 27s$8K$7K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$0.68
Price spread: −0.046% → 0.000%
−$4.61
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$21.29
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 5 min ago1.03 bp6.1 bp −$66.7 bp −$6712.3 bp −$1,233doesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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−0.3042%1h1,455.4+0.089%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,453.8−0.022%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,454.2+0.009%$29.4M$70.5M75xas long as short
dYdX ZEC-USD0.0000%1h1,453.1−0.069%$409K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,454.2+0.008%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,452.6−0.106%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452.9−0.080%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,453.1−0.072%$290K$943K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0079% / S −0.0028%1h1,452.8−0.090%$432K100xas long as short
Popdex ZECUSDT+0.0096%1h1,453.1−0.072%$173K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,453.3−0.056%$10K$848K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,453.3−0.058%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,453.9−0.013%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,453.2−0.062%$14.7M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,453.7−0.028%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,453−0.073%$667.3M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,452.6−0.104%$260.8M$600.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,453−0.074%$177.6M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,452.7−0.096%$395K$440K5xas long as short
Bulk ZEC-USD+0.0100%1h1,454−0.006%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,452.9−0.080%$50.5M$170.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,452.9−0.085%$215.6M$765.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,453.2−0.064%$102.5M$53.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,453−0.075%$165.2M$270.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,452.7−0.095%$105.7Mas long as short
Variational Omni ZEC+0.0100%8h1,453−0.074%$47.6M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,455.8+0.117%$566K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.5+0.166%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457+0.199%$404K$941K50xas long as short
StandX ZEC-USD+0.0100%1h1,453.1−0.071%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,452.7−0.096%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,453−0.077%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,452.2−0.131%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,455.2+0.074%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,453.4−0.045%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,453.2−0.060%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,454.4+0.018%$3.8M$5.0M50xas long as short
Lighter RH ZEC+0.0104%1h1,455+0.064%$2.1M$7.0M10xas long as short
Extended ZEC-USD+0.0104%1h1,453.3−0.055%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,453.4−0.048%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,454.5+0.030%$4.6M$1.3M10xas long as short
01 Exchange ZECUSDshort+0.0120%1h1,453.4−0.046%$8K$7K5x
Hyperliquid ZEClong+0.0123%1h1,454.1long leg$756.3M$428.5M10x
Backpack ZEC_USDC_PERP+0.0168%1h1,453.9−0.012%$2.4M$3.9M15xas long as short
Lighter ZEC+0.0184%1h1,454.7+0.044%$19.2M$44.7M20xas long as short
RISEx ZEC/USDC+0.0216%1h1,453.3−0.056%$920K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0228%1h1,454.2+0.006%$614K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,453.4−0.049%$18.0M$45.1M25xas long as short
Arcus ZEC-USD+0.0344%1h1,455.3+0.085%$688K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,456.9+0.193%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0679%1h1,454.9+0.058%$45K$49K10xas long as short