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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.01 per $10,000 · paid last 24h +0.028%
Price spread now: dYdX against Kraken Futures+0.040%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1031.026% of the position
Long on Kraken FuturesShort on dYdX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.365%+$37 on $10k
Price spread, last 4 days (all we have)−0.218%−$22 · spread now +0.040%, 7d avg −0.035%
Together, before fees+0.147%+$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.075% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of −0.035%): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 21 days. Mind the row above: over the last 7 days funding on this pair paid +0.365%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ZECUSD1,488.40.0012pay 0.0001% / 1h56m 43s$18.1M$46.5M25x
ShortdYdX ZEC-USD1,4890get 0.0000% / 1h56m 43s$414K$35K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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
−$2.45
Price spread: +0.040% → −0.035%
$7.51
Slippage, 4 orders
−$82.57
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$97.52
Costs to cover
1.026%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; dYdX: live order book, 47 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 Kraken Futures live order book, 2 min ago1.78 bp10.5 bp −$1113.9 bp −$13924.0 bp −$2,396299.0 bp −$149.5K
Sell dYdX live order book, 47 min ago36.73 bp42.3 bp −$4261.2 bp −$612124.5 bp −$12.4K137.9 bp −$69.0K

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−0.3442%1h1,491.5+0.207%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,489.1+0.043%$61K$304K10xas long as short
BloFin ZEC-USDT−0.0144%8h1,488.1−0.020%$30.7M$74.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,492.2+0.251%$6K$1K10xas long as short
Aftermath Perps ZECUSD−0.0025%1h1,491.9+0.236%$47K$64K10xas long as short
Ondo Perps ZEC-USD.P−0.0023%1h1,490.3+0.125%$406K$552K5xas long as short
dYdX ZEC-USDshort0.0000%1h1,489+0.040%$414K$35K5x
Kalshi KXZECPERP0.0000%8h1,490.3+0.125%$1.5M$4.7M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,488.8+0.028%$680K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,488.4−0.001%$5.3M—150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZECUSDlong+0.0012%1h1,488.4long leg$18.1M$46.5M25x
01 Exchange ZECUSD+0.0080%1h1,489.9+0.097%$8K$7K5xas long as short
Orderly PERP_ZEC_USDC+0.0081%8h1,488.5+0.004%$300K$1.1M20xas long as short
Bulk ZEC-USD+0.0085%1h1,492.9+0.301%$902K$7K10xas long as short
Popdex ZECUSDT+0.0096%1h1,489.1+0.047%$170K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,489.5+0.069%$12K$879K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,489.4+0.062%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,489.1+0.044%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,489.2+0.051%$777.3M$448.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,488.2−0.016%$13.9M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,488.8+0.023%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,488.4−0.001%$694.1M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,488.9+0.029%$266.9M$629.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,489.5+0.072%$181.1M$1.34B50xas long as short
Gate ZEC_USDT+0.0100%8h1,488.5+0.004%$55.0M$181.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,488.7+0.021%$242.4M$784.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,488.1−0.022%$102.5M$57.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,489.6+0.076%$160.5M$290.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,488.9+0.029%—$6.7M—as long as short
Variational Omni ZEC+0.0100%8h1,489.9+0.099%$48.8M$34.7M—as long as short
edgeX ZECUSDC+0.0100%4h1,490.5+0.141%$570K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,490+0.105%$3.1M$499K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,491.8+0.227%$411K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,491.4+0.197%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,488.4−0.002%$356K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,491.6+0.213%$164K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,487.2−0.082%$454K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,491.4+0.197%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,488.1−0.022%$253K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,489+0.038%$2.7M$20.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,488.6+0.009%$4.0M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,488.9+0.034%$2.7M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,488.40.000%$43K$151K20xas long as short
RISEx ZEC/USDC+0.0128%1h1,488.7+0.018%$938K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,490.5+0.138%$4.8M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0139% / S −0.0137%1h1,488.5+0.002%$392K—100xas long as short
Lighter ZEC+0.0240%1h1,490+0.105%$19.6M$44.8M20xas long as short
Lighter RH ZEC+0.0240%1h1,489.8+0.092%$2.1M$7.3M10xas long as short
Arcus ZEC-USD+0.0403%1h1,490.4+0.132%$624K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,488.9+0.033%$3.6M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0422%1h1,488.5+0.001%$2.3M$3.9M15xas long as short