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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%
Price spread now: Aster against Nado−0.103%48s7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$200.204% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.051%−$5 on $10k
Price spread, last 7 days+0.049%+$5 · spread now −0.103%, 7d avg −0.055%
Together, before fees−0.002%+ Points / potential airdropNado: Active · Aster: Stage 5 · farm board$0 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: Aster is 0.049% cheaper against Nado than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.055%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ZEC-PERP1,473.10.0100pay 0.0012% / 1h31m 38s$2.9M$6.3M10x
ShortAster ZECUSDT1,471.60.0100get 0.0100% / 8h2h 31m$14.4M$28.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Nado. 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: −0.103% → −0.055%
−$4.86
Slippage, 4 orders
−$5.42
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$25.28
Costs to cover
0.204%
Break-even
2597434622415400.0 days
Slippage from Nado: live order book, 2 min ago; Aster: live order book, 2 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 Nado live order book, 2 min ago0.03 bp4.5 bp −$511.4 bp −$114doesn't fitdoesn't fit
Sell Aster live order book, 2 min ago0.03 bp5.0 bp −$58.5 bp −$8529.6 bp −$2,964123.8 bp −$61.9K

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−0.3243%1h1,450−1.575%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.4−0.184%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0079%8h1,470.5−0.178%$29.8M$71.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,472.1−0.071%$409K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,472.9−0.016%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,472.1−0.069%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.6−0.038%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,472.6−0.037%$294K$896K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0062%1h1,473.3+0.008%$620K$1.3M25xas long as short
01 Exchange ZECUSD+0.0064%1h1,472.8−0.023%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0090%8h1,471.3−0.125%$261.5M$588.4M75xas long as short
Phoenix ZEC+0.0092%1h1,466.5−0.452%$4.7M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,472.7−0.033%$174K$1.6M50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0097% / S −0.0051%1h1,472.4−0.047%$439K100xas long as short
Katana Perps ZEC-USD+0.0100%8h1,471.3−0.126%$13K$812K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.6−0.105%$61K$43K10xas long as short
Nado ZEC-PERPlong+0.0100%1h1,473.1long leg$2.9M$6.3M10x
Hyperliquid ZEC+0.0100%1h1,472.7−0.030%$766.9M$419.0M10xas long as short
Aster ZECUSDTshort+0.0100%8h1,471.6−0.103%$14.4M$28.0M75x
Pacifica ZEC+0.0100%1h1,472−0.081%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.7−0.096%$679.1M$2.16B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,471.6−0.108%$178.6M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,466.9−0.424%$399K$430K5xas long as short
Bulk ZEC-USD+0.0100%1h1,472.4−0.050%$889K$15K10xas long as short
Gate ZEC_USDT+0.0100%8h1,471.7−0.101%$53.4M$171.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.8−0.093%$222.4M$762.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471.9−0.086%$103.5M$52.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.7−0.097%$166.7M$267.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,471.9−0.082%$107.9Mas long as short
Variational Omni ZEC+0.0100%8h1,470.5−0.177%$48.2M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,469.9−0.217%$555K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,469.8−0.229%$3.0M$467K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470−0.215%$406K$926K50xas long as short
StandX ZEC-USD+0.0100%1h1,469.7−0.233%$49K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.6−0.037%$361K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.3−0.055%$162K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,471.4−0.118%$449K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475.1+0.131%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.5−0.042%$235K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.7−0.099%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473−0.013%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,471.7−0.097%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.5−0.044%$46K$152K20xas long as short
Lighter RH ZEC+0.0120%1h1,472.9−0.020%$2.1M$7.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0146%1h1,472.6−0.040%$18.0M$45.6M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,471.9−0.088%$929K$1.1M10xas long as short
Lighter ZEC+0.0168%1h1,472.9−0.017%$19.5M$44.0M20xas long as short
Backpack ZEC_USDC_PERP+0.0359%1h1,474.1+0.063%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,469.6−0.243%$3.7M$9.2M50xas long as short
Arcus ZEC-USD+0.0508%1h1,473.2+0.002%$665K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0689%1h1,469.3−0.260%$45K$49K10xas long as short