Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.019%

Price spread now: 01 Exchange against Paradex+0.076%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on 01 Exchange

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 days—no 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 01 Exchange is 0.076% dearer against Paradex than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex ZEC-USD-PERP	1,501.1	0.0100	pay 0.0100% / 8h	1h 15m	$62K	$43K	10x
Short	01 Exchange ZECUSD	1,502.2	0.0120	get 0.0015% / 1h	15m 50s	$8K	$7K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee ParadexbpFee 01 ExchangebpOrdersPrice spread, now +0.076%Rate

Funding earned: $4.18
Price spread: +0.076% → 0.000%: $7.64
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $0.82
Costs to cover: 0.110%
Break-even: 5.6 days

Slippage unknown: Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Paradex no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

Paradex 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 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	−0.3684%	1h	1,478.1	−1.532%	$36K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,498	−0.207%	$61K	$304K	10x	as long as short
BloFin ZEC-USDT	−0.0157%	8h	1,502.3	+0.084%	$30.7M	$75.2M	75x	as long as short
Kraken Futures PF_ZECUSD	−0.0096%	1h	1,499.9	−0.079%	$18.2M	$46.5M	25x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,501.3	+0.012%	$6K	$1K	10x	as long as short
Bulk ZEC-USD	−0.0051%	1h	1,487.2	−0.928%	$898K	$9K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,499.7	−0.092%	$417K	$35K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,502.7	+0.107%	$1.6M	$4.6M	2.2x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,501.3	+0.015%	$5.3M	—	150x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0038%	1h	1,500.1	−0.064%	$685K	$1.4M	25x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps ZECUSD	+0.0055%	1h	1,491.8	−0.619%	$47K	$64K	10x	as long as short
Orderly PERP_ZEC_USDC	+0.0079%	8h	1,499.3	−0.120%	$302K	$1.1M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,498.5	−0.171%	$171K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0098%	8h	1,499	−0.136%	$12K	$878K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,500.2	−0.059%	$3.0M	$7.3M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,499.3	−0.119%	$14.0M	$30.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,499.8	−0.086%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,499.5	−0.103%	$698.6M	$2.30B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,499	−0.139%	$268.2M	$633.8M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,499.3	−0.117%	$183.3M	$1.34B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,497.5	−0.239%	$410K	$522K	5x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,499.1	−0.130%	$55.1M	$185.6M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,500	−0.074%	$248.2M	$793.5M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,499.2	−0.127%	$103.1M	$57.6M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,499.5	−0.103%	$161.3M	$289.6M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,498.8	−0.153%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,498.8	−0.149%	$49.0M	$34.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,494.9	−0.412%	$572K	$9.0M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,497.4	−0.245%	$3.1M	$510K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,488.1	−0.864%	$410K	$942K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,500.6	−0.030%	$56K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,498.6	−0.165%	$360K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,498.7	−0.159%	$165K	$184K	20x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,500.9	−0.010%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,499.6	−0.102%	$255K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,499.8	−0.087%	$2.7M	$20.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,499	−0.141%	$4.0M	$5.0M	50x	as long as short
Paradex ZEC-USD-PERPlong	+0.0100%	8h	1,501.1	long leg	$62K	$43K	10x
Extended ZEC-USD	+0.0104%	1h	1,499	−0.142%	$2.8M	$8.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,499.2	−0.123%	$43K	$152K	20x	as long as short
01 Exchange ZECUSDshort	+0.0120%	1h	1,502.2	+0.076%	$8K	$7K	5x
RISEx ZEC/USDC	+0.0129%	1h	1,499.2	−0.125%	$938K	$1.1M	10x	as long as short
Phoenix ZEC	+0.0134%	1h	1,501.5	+0.027%	$4.8M	$1.4M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0153% / S −0.0169%	1h	1,499.4	−0.109%	$485K	—	100x	as long as short
Hyperliquid ZEC	+0.0201%	1h	1,500.3	−0.052%	$780.4M	$444.3M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0211%	1h	1,500.2	−0.058%	$2.4M	$3.9M	15x	as long as short
Arcus ZEC-USD	+0.0221%	1h	1,500	−0.075%	$613K	$8.7M	10x	as long as short
Lighter RH ZEC	+0.0256%	1h	1,501	−0.008%	$2.1M	$7.4M	10x	as long as short
Lighter ZEC	+0.0304%	1h	1,500.6	−0.030%	$19.8M	$46.3M	20x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0480%	1h	1,500.9	−0.014%	$3.7M	$10.1M	50x	as long as short