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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Polymarket Perps against Nado−0.022%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$220.222% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.018%−$2 on $10k
Price spread, last 7 days−0.103%−$10 · spread now −0.022%, 7d avg −0.054%
Together, before fees−0.121%+ Points / potential airdropNado: Active · farm board−$12 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: Polymarket Perps is 0.032% dearer against Nado than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ZEC-PERP1,467.90.0100pay 0.0012% / 1h48m 35s$2.9M$6.4M10x
ShortPolymarket Perps ZEC-USD1,467.60.0100get 0.0013% / 1h48m 35s$359K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: −0.022% → −0.054%
$3.23
Slippage, 4 orders
−$7.23
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$19
Costs to cover
0.222%
Break-even
1951698818961462.5 days
Slippage from Nado: live order book, 5 min ago; Polymarket Perps: live order book, 5 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, 5 min ago0.03 bp4.3 bp −$413.1 bp −$131doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 5 min ago1.36 bp7.3 bp −$710.9 bp −$10932.9 bp −$3,293doesn'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−0.3243%1h1,469.3+0.094%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.6−0.021%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0069%8h1,467.3−0.041%$29.8M$70.9M75xas long as short
dYdX ZEC-USD0.0000%1h1,466.4−0.104%$408K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,469.6+0.113%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,468.1+0.010%$84K$239K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,467.8−0.011%$618K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.6−0.024%$5.2M150xas long as short
01 Exchange ZECUSD+0.0032%1h1,466.9−0.069%$8K$7K5xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,467−0.064%$293K$900K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,465.6−0.160%$4.7M$1.3M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0093% / S −0.0046%1h1,467.2−0.049%$437K100xas long as short
Lighter RH ZEC+0.0096%1h1,468.2+0.019%$2.1M$7.1M10xas long as short
Popdex ZECUSDT+0.0096%1h1,466.6−0.089%$174K$1.6M50xas long as short
Bybit ZECUSDT+0.0099%8h1,466.1−0.124%$262.6M$586.7M75xas long as short
Katana Perps ZEC-USD+0.0100%8h1,467.6−0.025%$12K$797K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.7−0.081%$60K$43K10xas long as short
Nado ZEC-PERPlong+0.0100%1h1,467.9long leg$2.9M$6.4M10x
Hyperliquid ZEC+0.0100%1h1,467.7−0.015%$764.2M$418.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,466.7−0.080%$14.5M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,466.8−0.074%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,466.5−0.098%$676.5M$2.17B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,466.3−0.107%$178.4M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,466.2−0.117%$398K$430K5xas long as short
Bulk ZEC-USD+0.0100%1h1,464.4−0.239%$885K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,466.7−0.086%$52.7M$169.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,466.7−0.081%$218.8M$757.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466.7−0.080%$103.2M$52.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.1−0.057%$166.7M$267.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,466.4−0.105%$107.6Mas long as short
Variational Omni ZEC+0.0100%8h1,469.8+0.128%$48.2M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,465.8−0.144%$572K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468.6+0.044%$3.0M$453K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.8+0.126%$406K$923K50xas long as short
StandX ZEC-USD+0.0100%1h1,468.1+0.011%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USDshort+0.0100%1h1,467.6−0.022%$359K$1.7M10x
Bullet ZEC-USD+0.0100%1h1,467.1−0.053%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.2−0.120%$448K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,470+0.141%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467−0.061%$235K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.4−0.107%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.5−0.030%$3.9M$4.7M50xas long as short
Extended ZEC-USD+0.0104%1h1,466.8−0.078%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467−0.062%$47K$151K20xas long as short
Kraken Futures PF_ZECUSD+0.0147%1h1,467.1−0.056%$18.0M$45.6M25xas long as short
Lighter ZEC+0.0152%1h1,468.1+0.011%$19.4M$43.8M20xas long as short
RISEx ZEC/USDC+0.0154%1h1,466.9−0.067%$927K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0301%1h1,467.6−0.025%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,470.6+0.186%$3.8M$9.2M50xas long as short
Arcus ZEC-USD+0.0508%1h1,468.3+0.025%$668K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0679%1h1,467.7−0.015%$45K$49K10xas long as short