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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0140%/8h= −15.3% APRpaid last 24h −0.052%
Price spread now: OKX against Lighter RH+0.142%7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs+$6as in the Price arb table
costs, in and out, $10k−$160.155% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.364%−$36 on $10k
Price spread, last 7 days−0.144%−$14 · spread now +0.142%, 7d avg −0.075%
Together, before fees−0.509%+ Points / potential airdropLighter RH: Points live · farm board−$51 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.217% dearer against Lighter RH than usual: you sell high and buy low (spread +0.142% now, against its 7-day average of −0.075%): +$22 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH ZEC1,489.80.0240pay 0.0030% / 1h56m 23s$2.1M$7.3M10x
ShortOKX ZEC-USDT-SWAP1,491.90.0100get 0.0100% / 8h56m 23s$181.5M$1.34B50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Lighter RH. 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
−$29.4
Price spread: +0.142% → −0.075%
$21.7
Slippage, 4 orders
−$5.54
Fee Lighter RH: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$23.24
Costs to cover
0.155%
Break-even
from the start
Slippage from Lighter RH: live order book, 2 min ago; OKX: live order book, 3 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 RH live order book, 2 min ago1.34 bp3.2 bp −$38.1 bp −$81doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.03 bp5.3 bp −$59.5 bp −$9517.6 bp −$1,755doesn'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−0.3442%1h1,491.5+0.115%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,489.2−0.044%$61K$304K10xas long as short
BloFin ZEC-USDT−0.0144%8h1,488.1−0.112%$30.7M$74.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,492.2+0.158%$6K$1K10xas long as short
Aftermath Perps ZECUSD−0.0027%1h1,491.5+0.114%$47K$64K10xas long as short
Ondo Perps ZEC-USD.P−0.0023%1h1,490.3+0.033%$406K$552K5xas long as short
dYdX ZEC-USD0.0000%1h1,489−0.052%$414K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,490.3+0.033%$1.5M$4.7M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,491.3+0.100%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,492.4+0.171%$18.1M$46.6M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0082%8h1,491.4+0.105%$300K$1.1M20xas long as short
Bulk ZEC-USD+0.0085%1h1,492.9+0.209%$902K$7K10xas long as short
01 Exchange ZECUSD+0.0088%1h1,489.7−0.006%$8K$7K5xas long as short
Popdex ZECUSDT+0.0096%1h1,489.4−0.030%$171K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,489.2−0.039%$12K$879K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,489.4−0.030%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,489.8−0.001%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,490.1+0.019%$777.7M$448.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,490.1+0.019%$13.9M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,488.8−0.069%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,491.2+0.091%$695.4M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,491.1+0.085%$267.3M$629.1M75xas long as short
OKX ZEC-USDT-SWAPshort+0.0100%8h1,491.9+0.142%$181.5M$1.34B50x
Gate ZEC_USDT+0.0100%8h1,491.1+0.086%$55.1M$181.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,490.6+0.054%$242.9M$784.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,488.9−0.064%$102.5M$57.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,491.7+0.130%$160.7M$290.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,491.3+0.098%$118.1Mas long as short
Variational Omni ZEC+0.0100%8h1,489.9+0.006%$48.8M$34.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,490.5+0.049%$570K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,490+0.013%$3.1M$499K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,491.8+0.135%$411K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,489.5−0.022%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,490+0.013%$356K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,491.1+0.088%$164K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,487.2−0.174%$454K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,491.4+0.108%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,491.9+0.137%$254K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,489−0.054%$2.7M$20.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,488.6−0.083%$4.0M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,491.7+0.130%$2.7M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,491.7+0.126%$43K$151K20xas long as short
RISEx ZEC/USDC+0.0128%1h1,489.4−0.030%$938K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,490.5+0.046%$4.8M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0139% / S −0.0137%1h1,488.5−0.090%$392K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0145%1h1,492.5+0.183%$682K$1.4M25xas long as short
Lighter ZEC+0.0240%1h1,490+0.013%$19.6M$44.8M20xas long as short
Lighter RH ZEClong+0.0240%1h1,489.8long leg$2.1M$7.3M10x
Arcus ZEC-USD+0.0403%1h1,490.4+0.040%$624K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,492.2+0.159%$3.7M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0422%1h1,488.5−0.091%$2.3M$3.9M15xas long as short