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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.003%
Price spread now: 01 Exchange against Orderly−0.033%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.033% cheaper against Orderly than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ZEC_USDC1,470.40.0022pay 0.0022% / 8h7h 04m$294K$1.1M20x
Short01 Exchange ZECUSD1,469.90get 0.0000% / 1h4m 26s$8K$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$4.55
Price spread: −0.033% → 0.000%
−$3.33
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$20.89
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample
Orderly and 01 Exchange: 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 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−0.3321%1h1,471.4+0.067%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,469.9−0.032%$17.9M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0122%1h1,467.7−0.181%$400K$515K5xas long as short
BloFin ZEC-USDT−0.0117%8h1,469.7−0.043%$29.6M$72.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.6+0.016%$6K$2K10xas long as short
Variational Omni ZEC−0.0015%8h1,469.6−0.051%$47.7M$33.3Mas long as short
dYdX ZEC-USD0.0000%1h1,470.9+0.036%$414K$103K5xas long as short
01 Exchange ZECUSDshort0.0000%1h1,469.9−0.033%$8K$9K5x
Kalshi KXZECPERP0.0000%8h1,469−0.092%$959K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,470.2−0.010%$84K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,470.8+0.030%$5.2M150xas long as short
Orderly PERP_ZEC_USDClong+0.0022%8h1,470.4long leg$294K$1.1M20x
Phoenix ZEC+0.0054%1h1,470.5+0.010%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,470.7+0.025%$378K100xas long as short
OKX ZEC-USDT-SWAP+0.0067%8h1,470.5+0.010%$181.3M$1.29B50xas long as short
Popdex ZECUSDT+0.0096%1h1,470.4+0.005%$173K$1.8M50xas long as short
Gate ZEC_USDT+0.0096%8h1,470.5+0.010%$50.3M$182.3M75xas long as short
Katana Perps ZEC-USD+0.0100%8h1,470−0.025%$12K$847K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470.9+0.036%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470.2−0.008%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,471.4+0.071%$766.2M$451.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,470.6+0.014%$14.9M$31.3M75xas long as short
Pacifica ZEC+0.0100%1h1,470.9+0.033%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,470.7+0.026%$683.6M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,470.4+0.004%$272.9M$627.6M75xas long as short
Arcus ZEC-USD+0.0100%1h1,471.9+0.104%$692K$8.6M10xas long as short
Bulk ZEC-USD+0.0100%1h1,467.8−0.173%$893K$21K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,470.8+0.029%$218.1M$832.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,470.6+0.015%$104.1M$55.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,470.6+0.018%$163.6M$289.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,470.6+0.018%$100.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.6+0.082%$573K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,469.6−0.051%$3.0M$450K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.7−0.043%$427K$880K50xas long as short
StandX ZEC-USD+0.0100%1h1,470.2−0.012%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470.6+0.016%$341K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,470.6+0.019%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.4−0.131%$458K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,471.9+0.101%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.8−0.041%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,469−0.092%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.5+0.008%$3.8M$5.2M50xas long as short
Extended ZEC-USD+0.0104%1h1,470.4+0.004%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,470−0.022%$53K$162K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0172%1h1,470.6+0.017%$605K$1.3M25xas long as short
Lighter ZEC+0.0224%1h1,471.5+0.077%$19.2M$50.6M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,470.9+0.037%$854K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,472.2+0.122%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0512%1h1,470.1−0.020%$2.5M$3.8M15xas long as short
Lighter RH ZEC+0.0688%1h1,472.5+0.148%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0746%1h1,470.5+0.007%$43K$46K10xas long as short