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+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.022%
Price spread now: Paradex against Orderly+0.028%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.028% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ZEC_USDC1,496.30.0078pay 0.0078% / 8h1h 19m$301K$1.1M20x
ShortParadex ZEC-USD-PERP1,496.70.0100get 0.0100% / 8h1h 19m$62K$43K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Orderly. 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
$4.6
Price spread: +0.028% → 0.000%
$2.77
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$2.63
Costs to cover
0.100%
Break-even
11.0 days
Slippage unknown: Orderly: no order-book sample; Paradex: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Paradex no order-book sample
Orderly and Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1,461.9−2.300%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,495.1−0.085%$62K$303K10xas long as short
BloFin ZEC-USDT−0.0147%8h1,488.2−0.543%$30.5M$74.5M75xas long as short
Kraken Futures PF_ZECUSD−0.0096%1h1,496.4+0.008%$18.2M$46.6M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,496.8+0.035%$6K$1K10xas long as short
Bulk ZEC-USD−0.0051%1h1,487.2−0.613%$898K$9K10xas long as short
dYdX ZEC-USD0.0000%1h1,496.4+0.002%$416K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,489.5−0.456%$1.6M$4.6M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,487.2−0.609%$5.3M150xas long as short
Aftermath Perps ZECUSD+0.0076%1h1,485.9−0.698%$47K$64K10xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDClong+0.0078%8h1,496.3long leg$301K$1.1M20x
Popdex ZECUSDT+0.0096%1h1,496.9+0.038%$169K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,495.9−0.027%$12K$876K10xas long as short
Nado ZEC-PERP+0.0100%1h1,496.8+0.033%$2.7M$7.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,496.4+0.007%$14.0M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,496.5+0.010%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,496.4+0.007%$697.3M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,495.8−0.033%$267.7M$633.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,496.4+0.003%$182.6M$1.33B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,484.2−0.810%$406K$512K5xas long as short
Gate ZEC_USDT+0.0100%8h1,496.5+0.015%$55.0M$184.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,496.3+0.001%$247.6M$790.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,497.3+0.064%$103.0M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,496.5+0.009%$161.1M$289.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,495.3−0.067%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,485.5−0.721%$48.4M$34.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,485.6−0.718%$570K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,487.2−0.608%$3.0M$511K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,488.1−0.548%$410K$942K50xas long as short
StandX ZEC-USD+0.0100%1h1,487.4−0.599%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,497.1+0.052%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,496.8+0.029%$164K$184K20xas long as short
SunX ZEC-USDT+0.0100%8h1,499+0.179%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,495.8−0.037%$255K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,490−0.423%$2.7M$20.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,490.5−0.392%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERPshort+0.0100%8h1,496.7+0.028%$62K$43K10x
Extended ZEC-USD+0.0104%1h1,496.5+0.010%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,496.5+0.013%$43K$152K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,496.7+0.027%$8K$7K5xas long as short
RISEx ZEC/USDC+0.0129%1h1,496.6+0.019%$937K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,487.9−0.560%$4.7M$1.4M10xas long as short
Backpack ZEC_USDC_PERP+0.0145%1h1,490.5−0.389%$2.3M$3.9M15xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0151% / S −0.0165%1h1,496.9+0.036%$485K100xas long as short
Arcus ZEC-USD+0.0221%1h1,497+0.043%$632K$8.7M10xas long as short
Hyperliquid ZEC+0.0227%1h1,497.4+0.072%$778.0M$443.0M10xas long as short
Lighter RH ZEC+0.0248%1h1,496.8+0.034%$2.1M$7.4M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0270%1h1,497.6+0.085%$684K$1.4M25xas long as short
Lighter ZEC+0.0304%1h1,498.2+0.126%$19.8M$46.0M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,498.3+0.132%$3.7M$10.1M50xas long as short