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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:29 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.038%
Price spread now: SunX against Perpl+0.119%7-day average +0.161% · 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 7 days+0.217%+$22 on $10k
Price spread, last 3 days (all we have)−0.116%−$12 · spread now +0.119%, 7d avg +0.161%
Together, before fees+0.101%+ Points / potential airdropPerpl: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.042% cheaper against Perpl than usual: you would sell low and buy high (spread +0.119% now, against its 7-day average of +0.161%). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl ZEC1,472.90get 0.0000% / 43m14m 42s$84K$407K10x
ShortSunX ZEC-USDT1,474.70.0100get 0.0100% / 8h18m 42s$3K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$21
Price spread: +0.119% → +0.161%
−$4.17
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$4.97
Costs to cover
0.218%
Break-even
8.7 days
Slippage unknown: Perpl: no order-book sample; SunX: live order book, 5 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 SunX live order book, 5 min ago29.04 bp68.2 bp −$68doesn't fitdoesn't fitdoesn't fit
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−0.3089%1h1,474.2+0.087%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0262%1h1,473.3+0.026%$399K$523K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,472.5−0.028%$17.9M$44.2M25xas long as short
Bybit ZECUSDT−0.0114%8h1,471.9−0.067%$274.7M$652.5M75xas long as short
BloFin ZEC-USDT−0.0106%8h1,472.6−0.022%$29.7M$75.1M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,473.8+0.061%$6K$2K10xas long as short
Variational Omni ZEC−0.0061%8h1,472.2−0.047%$47.2M$34.2Mas long as short
dYdX ZEC-USD0.0000%1h1,474.3+0.097%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.9+0.067%$959K$5.6M2.2xas long as short
Perpl ZEClong0.0000%43m1,472.9long leg$84K$407K10x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni ZECUSDT0.0000%1h1,469.2−0.250%$431K$843K50xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.7−0.013%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,473.7+0.053%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,472.4−0.035%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,471.2−0.117%$4.6M$1.6M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0034%1h1,473.6+0.049%$615K$1.3M25xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,472.1−0.056%$181.0M$1.34B50xas long as short
Gate ZEC_USDT+0.0047%8h1,472.5−0.032%$51.2M$187.3M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,472.7−0.017%$372K100xas long as short
Lighter ZEC+0.0096%1h1,473.7+0.054%$19.2M$52.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,473.2+0.016%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,471.6−0.092%$13K$834K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,473.6+0.045%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.1+0.080%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.2+0.019%$763.4M$472.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.5−0.027%$15.0M$32.6M75xas long as short
Pacifica ZEC+0.0100%1h1,474.2+0.089%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.5−0.026%$683.3M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,474.4+0.102%$695K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,473.5+0.039%$896K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.4−0.037%$222.3M$842.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473+0.007%$103.8M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.4−0.035%$163.3M$301.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,472.2−0.049%$102.1Mas long as short
edgeX ZECUSDC+0.0100%4h1,468−0.336%$511K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470−0.197%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,473.3+0.026%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.7−0.015%$336K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.2−0.049%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.9−0.137%$458K$498K6.7xas long as short
SunX ZEC-USDTshort+0.0100%8h1,474.7+0.119%$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,472.6−0.022%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,473.7+0.050%$2.5M$22.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.1+0.013%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,472.6−0.020%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.7−0.013%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,473.7+0.050%$826K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0417%1h1,473.2+0.019%$2.5M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,474.9+0.132%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0464%1h1,474.9+0.133%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0751%1h1,472.90.000%$46K$47K10xas long as short