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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:05 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: dYdX against Perpl−0.026%7-day average +0.031% · 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 7 days+0.158%+$16 on $10k
Price spread, last 4 days (all we have)−0.568%−$57 · spread now −0.026%, 7d avg +0.031%
Together, before fees−0.411%+ Points / potential airdropPerpl: Active · farm board−$41 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: dYdX is 0.057% cheaper against Perpl than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl ZEC1,460.10get 0.0000% / 43m29m 13s$83K$240K10x
ShortdYdX ZEC-USD1,459.70get 0.0000% / 1h15m 13s$411K$38K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Perpl. 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
Price spread: −0.026% → +0.031%
−$5.72
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$29.52
Costs to cover
0.238%
Break-even
never at this rate
Slippage unknown: Perpl: no order-book sample; dYdX: live order book, 44 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 Perpl no order-book sample
Sell dYdX live order book, 44 min ago29.20 bp37.5 bp −$3790.2 bp −$902233.0 bp −$23.3K1396.0 bp −$698.0K
Perpl: 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−0.3166%1h1,445.2−1.020%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,460.2+0.007%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0069%8h1,460.4+0.020%$29.5M$71.0M75xas long as short
dYdX ZEC-USDshort0.0000%1h1,459.7−0.026%$411K$38K5x
Kalshi KXZECPERP0.0000%8h1,460.9+0.051%$1.5M$4.5M2.2xas long as short
Perpl ZEClong0.0000%43m1,460.1long leg$83K$240K10x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.5+0.027%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,460.5+0.026%$292K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0069% / S −0.0020%1h1,460.4+0.019%$410K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,461+0.060%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,460.7+0.040%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,460.9+0.051%$11K$857K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,460.8+0.046%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,460.5+0.023%$2.8M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462.1+0.136%$760.3M$432.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,460.6+0.030%$14.8M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,460.9+0.052%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,460.5+0.026%$671.3M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,459.9−0.018%$262.1M$602.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,460.4+0.020%$178.4M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458.4−0.118%$396K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.2−0.199%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,460.4+0.016%$50.7M$175.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,460.6+0.034%$216.5M$774.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.6+0.030%$103.0M$54.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,461+0.057%$166.2M$271.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,460.6+0.031%$105.7Mas long as short
Variational Omni ZEC+0.0100%8h1,459.3−0.057%$47.9M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,459.6−0.033%$568K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,460.7+0.037%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,460.8+0.045%$405K$940K50xas long as short
StandX ZEC-USD+0.0100%1h1,460.6+0.033%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,460.6+0.033%$355K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,460.4+0.019%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,459.6−0.034%$446K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,462.9+0.188%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,460.5+0.023%$234K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,459.8−0.019%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,460.2+0.005%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,460.5+0.024%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,460.4+0.018%$47K$151K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0120%1h1,461.2+0.074%$617K$1.3M25xas long as short
Phoenix ZEC+0.0123%1h1,460.1−0.002%$4.6M$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0128%1h1,460.8+0.044%$2.4M$3.8M15xas long as short
Lighter ZEC+0.0256%1h1,461.9+0.123%$19.2M$46.0M20xas long as short
Kraken Futures PF_ZECUSD+0.0276%1h1,460.4+0.022%$18.1M$45.0M25xas long as short
Lighter RH ZEC+0.0368%1h1,461.9+0.121%$2.1M$7.0M10xas long as short
RISEx ZEC/USDC+0.0412%1h1,460.8+0.046%$925K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,462.5+0.164%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0626%1h1,461.7+0.106%$683K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0681%1h1,461.1+0.068%$45K$49K10xas long as short