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

ZEC

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Bullet against Paradex+0.051%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 3 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bullet is 0.051% dearer against Paradex than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ZEC-USD-PERP1,485.60.0100pay 0.0100% / 8h1h 23m$61K$43K10x
ShortBullet ZEC-USD1,486.40.0100get 0.0013% / 1h23m 13s$163K$184K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Paradex. 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
−$0.03
Price spread: +0.051% → 0.000%
$5.05
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$6.97
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Bullet: live order book, 21 min ago. 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 Paradex no order-book sample
Sell Bullet live order book, 21 min ago0.41 bp5.7 bp −$611.1 bp −$111doesn't fitdoesn't fit
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 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−0.3684%1h1,461.9−1.598%$36K$275K12xas long as short
Bulk ZEC-USD−0.0166%1h1,477.1−0.575%$892K$9K10xas long as short
BloFin ZEC-USDT−0.0144%8h1,486.7+0.074%$30.5M$74.4M75xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,487.1+0.096%$18.0M$46.7M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,485.3−0.025%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,485.4−0.017%$413K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,486.5+0.057%$1.6M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,484.6−0.068%$62K$304K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,486.4+0.047%$5.3M150xas long as short
Aftermath Perps ZECUSD+0.0072%1h1,480.7−0.336%$47K$64K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0077%8h1,486.7+0.072%$299K$1.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,486+0.022%$168K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,485.6−0.002%$11K$876K10xas long as short
Nado ZEC-PERP+0.0100%1h1,485.5−0.012%$2.7M$7.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,486.3+0.042%$13.9M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,485.9+0.016%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,486.8+0.074%$692.5M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,486+0.024%$265.7M$633.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,486.5+0.055%$180.0M$1.32B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,482.2−0.232%$403K$511K5xas long as short
Gate ZEC_USDT+0.0100%8h1,486.2+0.039%$54.5M$184.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,486.7+0.069%$244.5M$786.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,486.6+0.067%$101.8M$57.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,486.7+0.073%$160.1M$289.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,486.5+0.057%$115.9Mas long as short
Variational Omni ZEC+0.0100%8h1,480.4−0.352%$48.2M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,476.5−0.618%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,477−0.584%$3.0M$511K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,476.4−0.626%$406K$936K50xas long as short
StandX ZEC-USD+0.0100%1h1,484.5−0.077%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,486+0.024%$357K$1.7M10xas long as short
Bullet ZEC-USDshort+0.0100%1h1,486.4+0.051%$163K$184K20x
Derive ZEC-PERP+0.0100%1h1,473.4−0.825%$450K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,489.2+0.238%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,486.8+0.076%$253K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,486.1+0.027%$2.6M$20.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,487.2+0.101%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERPlong+0.0100%8h1,485.6long leg$61K$43K10x
Backpack ZEC_USDC_PERP+0.0104%1h1,487.6+0.133%$2.3M$3.9M15xas long as short
Extended ZEC-USD+0.0104%1h1,486.4+0.052%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,486.6+0.066%$43K$152K20xas long as short
RISEx ZEC/USDC+0.0129%1h1,485.2−0.027%$929K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,481.2−0.300%$4.7M$1.4M10xas long as short
01 Exchange ZECUSD+0.0136%1h1,485.4−0.016%$8K$7K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0148% / S −0.0159%1h1,486.5+0.059%$481K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0181%1h1,487.3+0.112%$679K$1.4M25xas long as short
Arcus ZEC-USD+0.0221%1h1,486.7+0.071%$636K$8.7M10xas long as short
Hyperliquid ZEC+0.0243%1h1,487.9+0.152%$772.5M$441.6M10xas long as short
Lighter RH ZEC+0.0248%1h1,488.3+0.176%$2.1M$7.4M10xas long as short
Lighter ZEC+0.0312%1h1,488.4+0.184%$19.6M$46.0M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,487+0.091%$3.6M$10.0M50xas long as short