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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h −0.022%
Price spread now: Orderly against Polymarket Perps+0.041%7-day average +0.022% · 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−0.066%−$7 on $10k
Price spread, last 3 days (all we have)+0.133%+$13 · spread now +0.041%, 7d avg +0.022%
Together, before fees+0.068%+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,466.70.0100pay 0.0013% / 1h41m 48s$339K$1.7M10x
ShortOrderly PERP_ZEC_USDC1,467.30.0026get 0.0026% / 8h6h 41m$293K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Polymarket Perps. 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
−$15.53
Price spread: +0.041% → +0.022%
$1.88
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$27.64
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 2 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 2 min ago1.02 bp9.0 bp −$912.4 bp −$12436.0 bp −$3,599doesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.3678%1h1,473.4+0.455%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.3+0.043%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0057%1h1,463.4−0.225%$400K$515K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,467.7+0.071%$18.1M$43.6M25xas long as short
dYdX ZEC-USD0.0000%1h1,467.2+0.036%$413K$57K5xas long as short
Kalshi KXZECPERP0.0000%8h1,465.3−0.098%$969K$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,466.5−0.016%$83K$264K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467+0.022%$5.2M150xas long as short
BloFin ZEC-USDT+0.0012%8h1,475.2+0.580%$29.6M$73.3M75xas long as short
Variational Omni ZEC+0.0016%8h1,474+0.498%$48.1M$33.4Mas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDCshort+0.0026%8h1,467.3+0.041%$293K$1.1M20x
01 Exchange ZECUSD+0.0032%1h1,467.6+0.058%$8K$9K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,466.8+0.010%$381K100xas long as short
Phoenix ZEC+0.0070%1h1,473.7+0.478%$4.7M$1.5M10xas long as short
Gate ZEC_USDT+0.0081%8h1,467.2+0.037%$49.8M$174.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0081%8h1,467.1+0.028%$181.2M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,466.7+0.002%$172K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,466.3−0.028%$14K$839K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.9+0.016%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.7+0.065%$2.5M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467.7+0.068%$763.5M$450.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,467+0.023%$14.8M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,467.7+0.067%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,466.9+0.014%$680.2M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,466.6−0.010%$270.5M$628.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.3+0.044%$215.2M$794.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.3+0.042%$103.2M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.6−0.005%$162.7M$286.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,466.2−0.036%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,474.3+0.518%$574K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.7+0.406%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474.5+0.532%$429K$905K50xas long as short
StandX ZEC-USD+0.0100%1h1,470+0.226%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,466.7long leg$339K$1.7M10x
Bullet ZEC-USD+0.0100%1h1,466.1−0.038%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.7−0.068%$456K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.8+0.209%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.5+0.057%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467+0.020%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.8+0.073%$3.9M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.6+0.542%$897K$17K10xas long as short
Extended ZEC-USD+0.0104%1h1,467.8+0.072%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.1+0.028%$48K$167K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0152%1h1,468.2+0.104%$604K$1.3M25xas long as short
Lighter RH ZEC+0.0216%1h1,469+0.156%$2.0M$7.1M10xas long as short
Lighter ZEC+0.0240%1h1,468.6+0.127%$19.2M$48.0M20xas long as short
Arcus ZEC-USD+0.0254%1h1,468.5+0.120%$696K$8.7M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,467.7+0.069%$852K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,468.6+0.127%$3.6M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0524%1h1,468.2+0.102%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0738%1h1,472.3+0.383%$44K$46K10xas long as short