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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Phemex+0.217%7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$470.467% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.195%+$20 on $10k
Price spread, last 3 days (all we have)−1.155%−$116 · spread now +0.217%, 7d avg −0.082%
Together, before fees−0.960%+ Points / potential airdropedgeX: Active · farm board−$96 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: edgeX is 0.299% dearer against Phemex than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of −0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ZECUSDT1,469.80.0100pay 0.0100% / 8h45m 00s$3.8M$5.3M50x
ShortedgeX ZECUSDC1,4730.0100get 0.0050% / 4h45m 00s$513K$9.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Phemex. 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: +0.217% → −0.082%
$29.85
Slippage, 4 orders
−$25.7
Fee Phemex: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$16.85
Costs to cover
0.467%
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; edgeX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 4 min ago0.75 bp16.7 bp −$1730.4 bp −$304doesn't fitdoesn't fit
Sell edgeX live order book, 4 min ago0.41 bp5.2 bp −$510.2 bp −$102doesn't fitdoesn't fit

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%1h1,471.5+0.115%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,469.3−0.030%$17.9M$44.3M25xas long as short
Ondo Perps ZEC-USD.P−0.0190%1h1,468.5−0.088%$398K$515K5xas long as short
ApeX Omni ZECUSDT−0.0144%1h1,467.5−0.154%$430K$830K50xas long as short
BloFin ZEC-USDT−0.0105%8h1,469.3−0.035%$29.6M$75.3M75xas long as short
Bybit ZECUSDT−0.0093%8h1,468−0.122%$273.8M$657.1M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.2+0.030%$6K$2K10xas long as short
Variational Omni ZEC−0.0043%8h1,468.6−0.081%$46.8M$33.7Mas long as short
dYdX ZEC-USD0.0000%1h1,470.1+0.022%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,470.3+0.036%$902K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,469.7−0.003%$83K$404K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,470.2+0.026%$613K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,469.7−0.005%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,469.3−0.031%$294K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,470.7+0.059%$4.6M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0036%8h1,468.7−0.072%$180.3M$1.34B50xas long as short
01 Exchange ZECUSD+0.0040%1h1,470.3+0.031%$8K$8K5xas long as short
Gate ZEC_USDT+0.0044%8h1,469−0.057%$50.6M$184.7M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0011%1h1,469.6−0.010%$365K100xas long as short
Lighter ZEC+0.0096%1h1,470.7+0.062%$19.1M$52.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,469.5−0.019%$177K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,468.4−0.092%$13K$830K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,469.6−0.015%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470.4+0.042%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,470+0.014%$762.1M$475.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.1−0.047%$15.1M$32.6M75xas long as short
Pacifica ZEC+0.0100%1h1,470.4+0.043%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.9−0.063%$680.5M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,471.1+0.089%$722K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,472+0.151%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,469.2−0.042%$223.7M$833.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.1−0.049%$103.7M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.9−0.059%$162.6M$302.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,468.5−0.088%$6.7Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,473+0.217%$513K$9.3M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,473.8+0.273%$3.0M$466K10xas long as short
StandX ZEC-USD+0.0100%1h1,471.1+0.091%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,469.5−0.020%$345K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469.3−0.032%$127K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,467.8−0.137%$447K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472+0.149%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469−0.053%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468.9−0.063%$2.5M$23.1M75xas long as short
Phemex ZECUSDTlong+0.0100%8h1,469.8long leg$3.8M$5.3M50x
Extended ZEC-USD+0.0104%1h1,469.2−0.041%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,469.3−0.033%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,470.3+0.035%$824K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0426%1h1,469.7−0.005%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,472.6+0.189%$3.8M$10.7M50xas long as short
Lighter RH ZEC+0.0528%1h1,471.2+0.099%$2.0M$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0663%1h1,471.8+0.140%$46K$47K10xas long as short