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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.028%
Price spread now: StandX against Lighter−0.254%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$200.202% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.184%−$18 on $10k
Price spread, last 7 days+0.170%+$17 · spread now −0.254%, 7d avg −0.059%
Together, before fees−0.014%+ Points / potential airdropLighter: Season 3 · StandX: Active · farm board−$1 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 0.196% cheaper against Lighter than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ZEC1,470.60.0096pay 0.0012% / 1h45m 21s$19.0M$52.4M20x
ShortStandX ZEC-USD1,466.90.0100get 0.0013% / 1h45m 21s$110K$4.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Lighter. 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
$0.84
Price spread: −0.254% → −0.059%
−$19.58
Slippage, 4 orders
−$12.21
Fee Lighter: 0 bp × 2 orders
$0
Fee StandX: 4 bp × 2 orders
−$8
Net
−$38.95
Costs to cover
0.202%
Break-even
331.6 days
Slippage from Lighter: live order book, 4 min ago; StandX: live order book, 4 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 Lighter live order book, 4 min ago0.56 bp0.6 bp −$11.5 bp −$159.3 bp −$93359.7 bp −$29.8K
Sell StandX live order book, 4 min ago4.03 bp8.9 bp −$911.4 bp −$114doesn'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−0.3310%1h1,462.9−0.523%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,467.8−0.189%$17.8M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0118%1h1,466.9−0.254%$398K$521K5xas long as short
BloFin ZEC-USDT−0.0097%8h1,467.7−0.203%$29.3M$75.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.1−0.105%$6K$2K10xas long as short
Bybit ZECUSDT−0.0045%8h1,467.9−0.186%$271.7M$675.6M75xas long as short
Variational Omni ZEC−0.0022%8h1,467.6−0.206%$46.6M$34.0Mas long as short
dYdX ZEC-USD0.0000%1h1,469.2−0.095%$414K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.6−0.141%$889K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,468.1−0.175%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,468.9−0.120%$598K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,468.7−0.133%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,468.5−0.144%$543K100xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,468.1−0.173%$294K$1.5M20xas long as short
ApeX Omni ZECUSDT+0.0045%1h1,467.1−0.239%$431K$818K50xas long as short
OKX ZEC-USDT-SWAP+0.0050%8h1,467.9−0.189%$176.1M$1.36B50xas long as short
Bulk ZEC-USD+0.0054%1h1,460.6−0.684%$899K$25K10xas long as short
Gate ZEC_USDT+0.0060%8h1,468.5−0.146%$50.0M$184.2M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,469.1−0.106%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,459.6−0.749%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,469−0.113%$14K$864K10xas long as short
Lighter ZEClong+0.0096%1h1,470.6long leg$19.0M$52.4M20x
Popdex ZECUSDT+0.0096%1h1,468.5−0.146%$173K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468.5−0.146%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470−0.043%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.6−0.070%$761.3M$490.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.8−0.123%$15.4M$33.1M75xas long as short
Pacifica ZEC+0.0100%1h1,469.4−0.084%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.1−0.170%$675.8M$2.51B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,468.4−0.149%$222.2M$855.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,468.5−0.143%$103.3M$56.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.2−0.165%$162.8M$308.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,468−0.182%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,465.9−0.321%$510K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468.6−0.138%$3.0M$481K10xas long as short
StandX ZEC-USDshort+0.0100%1h1,466.9−0.254%$110K$4.8M30x
Polymarket Perps ZEC-USD+0.0100%1h1,468.7−0.131%$346K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,468.3−0.160%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.4−0.286%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,470.7+0.007%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,468−0.177%$223K$4.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468−0.182%$2.4M$23.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.5−0.145%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,469.1−0.105%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.9−0.182%$37K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,469.2−0.095%$845K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0226%1h1,468.5−0.148%$2.3M$4.0M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,470.5−0.006%$3.7M$11.7M50xas long as short
Lighter RH ZEC+0.0432%1h1,470.9+0.020%$2.0M$8.2M10xas long as short
Arcus ZEC-USD+0.0444%1h1,469.6−0.072%$730K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0529%1h1,466−0.315%$41K$34K10xas long as short