Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against Pacifica+0.235%7-day average +0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1291.294% of the position

Long on Pacifica Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.457%+$46 on $10k

Price spread, last 3 days (all we have)−0.301%−$30 · spread now +0.235%, 7d avg +0.092%

Together, before fees+0.155%+ Points / potential airdropPacifica: Active · farm board+$16 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: SunX is 0.143% dearer against Pacifica than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.092%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ZEC	1,466.7	0.0100	pay 0.0013% / 1h	57m 39s	$1.7M	$2.6M	10x
Short	SunX ZEC-USDT	1,470.1	0.0100	get 0.0100% / 8h	5h 57m	$3K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Pacifica. 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

Position, each leg$Hold fordaysFee PacificabpFee SunXbpOrdersPrice spread, now +0.235%Rate

Funding earned: $0
Price spread: +0.235% → +0.092%: $14.28
Slippage, 4 orders: −$113.35
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$115.07
Costs to cover: 1.294%
Break-even: never at this rate

Slippage from Pacifica: live order book, 1 min ago; SunX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Pacifica live order book, 1 min ago	1.26 bp	6.2 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	29.04 bp	67.7 bp −$68	doesn't fit	doesn't fit	doesn't fit

ZEC on 50 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3244%	1h	1,453.2	−0.918%	$33K	$272K	12x	as long as short
Ondo Perps ZEC-USD.P	−0.0175%	1h	1,466.9	+0.015%	$398K	$441K	5x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,470.3	+0.247%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,466.6	−0.006%	$413K	$47K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,468.7	+0.137%	$972K	$4.7M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,467.6	+0.063%	$84K	$249K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,467.3	+0.042%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0032%	8h	1,467.2	+0.037%	$293K	$984K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0033%	1h	1,467.9	+0.082%	$611K	$1.3M	25x	as long as short
01 Exchange ZECUSD	+0.0048%	1h	1,467.8	+0.078%	$8K	$8K	5x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0009%	1h	1,467.2	+0.039%	$383K	—	100x	as long as short
Phoenix ZEC	+0.0070%	1h	1,469.6	+0.200%	$4.6M	$1.4M	10x	as long as short
Variational Omni ZEC	+0.0079%	8h	1,468.1	+0.097%	$48.0M	$32.4M	—	as long as short
OKX ZEC-USDT-SWAP	+0.0095%	8h	1,466.2	−0.036%	$180.6M	$1.24B	50x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,467.8	+0.076%	$173K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,467.4	+0.047%	$16K	$845K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,467.1	+0.026%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,468.2	+0.101%	$2.6M	$6.5M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,466.4	−0.019%	$763.8M	$435.0M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,465.9	−0.052%	$14.7M	$28.9M	75x	as long as short
Pacifica ZEClong	+0.0100%	1h	1,466.7	long leg	$1.7M	$2.6M	10x
Binance ZECUSDT	+0.0100%	8h	1,466.4	−0.020%	$677.8M	$2.25B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,466.3	−0.024%	$271.8M	$605.1M	75x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,466.6	−0.007%	$890K	$18K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,465.9	−0.053%	$50.1M	$169.6M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,466.2	−0.031%	$216.0M	$767.8M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,466.4	−0.021%	$103.1M	$55.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,466.6	−0.009%	$163.0M	$275.3M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,465.7	−0.066%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,468	+0.093%	$571K	$8.9M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,468.3	+0.113%	$3.0M	$430K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,468.3	+0.112%	$427K	$880K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,469.9	+0.222%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,467.5	+0.056%	$343K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,467.3	+0.039%	$128K	$160K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,465.8	−0.059%	$447K	$512K	6.7x	as long as short
SunX ZEC-USDTshort	+0.0100%	8h	1,470.1	+0.235%	$3K	$1.2M	20x
SoDEX ZEC-USD	+0.0100%	1h	1,467.5	+0.056%	$242K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,466.7	+0.003%	$2.5M	$18.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,467.9	+0.080%	$3.9M	$5.2M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,465.9	−0.056%	$2.8M	$7.6M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,467.1	+0.025%	$48K	$155K	20x	as long as short
Lighter ZEC	+0.0136%	1h	1,467.6	+0.066%	$19.2M	$45.8M	20x	as long as short
Kraken Futures PF_ZECUSD	+0.0194%	1h	1,467.5	+0.054%	$18.1M	$43.4M	25x	as long as short
Arcus ZEC-USD	+0.0277%	1h	1,468.5	+0.122%	$695K	$8.5M	10x	as long as short
Lighter RH ZEC	+0.0288%	1h	1,467.7	+0.067%	$2.1M	$6.8M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0378%	1h	1,467.8	+0.074%	$2.4M	$3.8M	15x	as long as short
RISEx ZEC/USDC	+0.0409%	1h	1,468.3	+0.111%	$852K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0456%	1h	1,468.6	+0.132%	$3.6M	$8.9M	50x	as long as short
Aftermath Perps ZECUSD	+0.0733%	1h	1,469	+0.160%	$43K	$46K	10x	as long as short