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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%
Price spread now: Bullet against OKX+0.150%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$230.225% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.037%+$4 on $10k
Price spread, last 4 days (all we have)+0.080%+$8 · spread now +0.150%, 7d avg +0.019%
Together, before fees+0.117%+$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: Bullet is 0.132% dearer against OKX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZEC-USDT-SWAP1,493.10.0100pay 0.0100% / 8h1h 12m$182.4M$1.34B50x
ShortBullet ZEC-USD1,495.40.0100get 0.0013% / 1h12m 46s$164K$184K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against OKX. 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: +0.150% → +0.019%
$13.16
Slippage, 4 orders
−$4.53
Fee OKX: 5 bp × 2 orders
−$10
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$9.37
Costs to cover
0.225%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Bullet: live order book, 31 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 OKX live order book, 1 min ago0.03 bp5.9 bp −$69.9 bp −$9917.9 bp −$1,786doesn't fit
Sell Bullet live order book, 31 min ago0.41 bp5.7 bp −$611.1 bp −$111doesn't fitdoesn't fit

ZEC on 50 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−0.3684%1h1,478.1−1.008%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,495.9+0.184%$61K$304K10xas long as short
BloFin ZEC-USDT−0.0171%8h1,494.1+0.064%$30.3M$75.0M75xas long as short
Kraken Futures PF_ZECUSD−0.0096%1h1,494.4+0.085%$18.1M$46.5M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,505.4+0.820%$6K$1K10xas long as short
Bulk ZEC-USD−0.0051%1h1,487.2−0.401%$898K$9K10xas long as short
dYdX ZEC-USD0.0000%1h1,496.6+0.233%$416K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,497.7+0.303%$1.6M$4.6M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,495+0.126%$683K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,495.6+0.163%$5.3M150xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps ZECUSD+0.0037%1h1,495.2+0.141%$48K$64K10xas long as short
Orderly PERP_ZEC_USDC+0.0079%8h1,495+0.124%$301K$1.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,496.6+0.232%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,496.9+0.254%$12K$876K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,494.3+0.078%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,496.9+0.254%$3.0M$7.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,493.4+0.021%$13.9M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,494.2+0.070%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,493.7+0.035%$695.9M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,493.2+0.005%$267.0M$632.3M75xas long as short
OKX ZEC-USDT-SWAPlong+0.0100%8h1,493.1long leg$182.4M$1.34B50x
Ondo Perps ZEC-USD.P+0.0100%1h1,496.3+0.212%$410K$552K5xas long as short
Gate ZEC_USDT+0.0100%8h1,494+0.054%$54.8M$186.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,492.8−0.021%$242.9M$797.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,493.7+0.038%$102.8M$57.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,492.9−0.015%$160.4M$289.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,493.4+0.019%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,498.8+0.382%$49.0M$34.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,499.9+0.451%$575K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,505+0.794%$3.1M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,503.1+0.668%$414K$942K50xas long as short
StandX ZEC-USD+0.0100%1h1,500+0.460%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,496.8+0.245%$359K$1.7M10xas long as short
Bullet ZEC-USDshort+0.0100%1h1,495.4+0.150%$164K$184K20x
SunX ZEC-USDT+0.0100%8h1,497.9+0.315%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,494+0.059%$254K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,494.2+0.068%$2.7M$20.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,494.7+0.104%$4.0M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,494.3+0.081%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,494.4+0.081%$43K$151K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,496.9+0.253%$8K$7K5xas long as short
RISEx ZEC/USDC+0.0129%1h1,496.7+0.239%$940K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0134% / S −0.0127%1h1,495.3+0.146%$396K100xas long as short
Phoenix ZEC+0.0134%1h1,501.5+0.559%$4.8M$1.4M10xas long as short
Hyperliquid ZEC+0.0176%1h1,495.1+0.131%$778.3M$445.2M10xas long as short
Arcus ZEC-USD+0.0221%1h1,494.1+0.062%$605K$8.7M10xas long as short
Lighter RH ZEC+0.0232%1h1,495.5+0.155%$2.1M$7.4M10xas long as short
Backpack ZEC_USDC_PERP+0.0233%1h1,494.6+0.098%$2.3M$3.9M15xas long as short
Lighter ZEC+0.0280%1h1,495.6+0.163%$19.6M$46.7M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,496.9+0.250%$3.7M$10.1M50xas long as short