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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: StandX against Phemex−0.017%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$500.504% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.164%+$16 on $10k
Price spread, last 3 days (all we have)−0.287%−$29 · spread now −0.017%, 7d avg −0.025%
Together, before fees−0.122%+ Points / potential airdropStandX: Active · farm board−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ZECUSDT1,471.60.0100pay 0.0100% / 8h6h 16m$3.9M$5.4M50x
ShortStandX ZEC-USD1,471.40.0100get 0.0013% / 1h16m 17s$71K$4.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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: −0.017% → −0.025%
$0.79
Slippage, 4 orders
−$30.38
Fee Phemex: 6 bp × 2 orders
−$12
Fee StandX: 4 bp × 2 orders
−$8
Net
−$49.59
Costs to cover
0.504%
Break-even
never at this rate
Slippage from Phemex: live order book, 3 min ago; StandX: live order book, 3 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, 3 min ago2.31 bp11.0 bp −$1123.2 bp −$232doesn't fitdoesn't fit
Sell StandX live order book, 3 min ago3.90 bp7.9 bp −$812.3 bp −$123doesn't fitdoesn't fit

ZEC on 50 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−0.3678%1h1,459.6−0.820%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,471.8+0.014%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0016%1h1,472.5+0.060%$399K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,471.4−0.016%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,471.9+0.017%$414K$53K5xas long as short
Kalshi KXZECPERP0.0000%8h1,474.5+0.196%$975K$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,472.1+0.033%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.3−0.024%$5.2M150xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0025%1h1,471.7+0.005%$612K$1.3M25xas long as short
Orderly PERP_ZEC_USDC+0.0030%8h1,470.9−0.049%$294K$1.0M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,471.3−0.022%$385K100xas long as short
Variational Omni ZEC+0.0055%8h1,474.3+0.180%$48.1M$32.6Mas long as short
01 Exchange ZECUSD+0.0064%1h1,472.1+0.031%$8K$8K5xas long as short
Phoenix ZEC+0.0070%1h1,474.7+0.209%$4.7M$1.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0096%8h1,470.1−0.101%$181.2M$1.27B50xas long as short
Popdex ZECUSDT+0.0096%1h1,471.8+0.014%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,471.5−0.005%$11K$841K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.1+0.036%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472.4+0.051%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.7+0.074%$767.2M$443.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.3−0.023%$14.8M$30.1M75xas long as short
Pacifica ZEC+0.0100%1h1,472.8+0.080%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,470.8−0.053%$680.6M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,470.2−0.096%$271.5M$615.3M75xas long as short
Bulk ZEC-USD+0.0100%1h1,472.8+0.079%$894K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,471.4−0.012%$50.2M$176.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,470.6−0.072%$216.1M$801.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,470.5−0.076%$103.3M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.2−0.028%$163.4M$282.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,471.8+0.016%$100.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,473.6+0.136%$574K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.3+0.180%$3.0M$453K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474.1+0.169%$429K$895K50xas long as short
StandX ZEC-USDshort+0.0100%1h1,471.4−0.017%$71K$4.7M30x
Polymarket Perps ZEC-USD+0.0100%1h1,471.5−0.007%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.3−0.019%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.7−0.129%$457K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,474.2+0.177%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,470.9−0.052%$242K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,472.2+0.039%$2.5M$18.7M75xas long as short
Phemex ZECUSDTlong+0.0100%8h1,471.6long leg$3.9M$5.4M50x
Extended ZEC-USD+0.0104%1h1,471−0.043%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,470.9−0.049%$48K$162K20xas long as short
Lighter ZEC+0.0248%1h1,472.4+0.051%$19.2M$48.2M20xas long as short
Arcus ZEC-USD+0.0254%1h1,473.6+0.133%$693K$8.6M10xas long as short
Lighter RH ZEC+0.0288%1h1,472.7+0.076%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,472.8+0.080%$866K$1.0M10xas long as short
Backpack ZEC_USDC_PERP+0.0460%1h1,471.8+0.016%$2.5M$3.9M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,473+0.096%$3.6M$9.3M50xas long as short
Aftermath Perps ZECUSD+0.0746%1h1,473.5+0.126%$44K$46K10xas long as short