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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:03 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.039%
Price spread now: Perpl against Polymarket Perps−0.005%7-day average −0.049% · 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+0.108%+$11 on $10k
Price spread, last 3 days (all we have)+0.022%+$2 · spread now −0.005%, 7d avg −0.049%
Together, before fees+0.130%+ Points / potential airdropPerpl: Active · farm board+$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.044% dearer against Polymarket Perps than usual: you sell high and buy low (spread −0.005% now, against its 7-day average of −0.049%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 35 hours. Mind the row above: over the last 7 days funding on this pair paid +0.108%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,466.40.0100pay 0.0013% / 1h14m 54s$345K$1.9M10x
ShortPerpl ZEC1,466.30get 0.0000% / 43m27m 54s$83K$404K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$21
Price spread: −0.005% → −0.049%
$4.39
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$38.41
Costs to cover
0.218%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 4 min ago; Perpl: 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, 4 min ago2.73 bp7.0 bp −$79.6 bp −$9631.0 bp −$3,104doesn't fit
Sell Perpl no order-book sample
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−0.3310%1h1,467.5+0.076%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,466.7+0.020%$17.8M$44.6M25xas long as short
Ondo Perps ZEC-USD.P−0.0239%1h1,463−0.232%$397K$514K5xas long as short
BloFin ZEC-USDT−0.0098%8h1,467+0.040%$29.3M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,466.4−0.003%$6K$2K10xas long as short
Bybit ZECUSDT−0.0067%8h1,467+0.038%$271.4M$666.2M75xas long as short
Variational Omni ZEC−0.0034%8h1,463.6−0.191%$46.6M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,465.7−0.050%$413K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.1+0.117%$889K$5.6M2.2xas long as short
Perpl ZECshort0.0000%43m1,466.3−0.005%$83K$404K10x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,466.9+0.032%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0011%8h1,466.5+0.006%$292K$1.4M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0037% / S +0.0009%1h1,466.8+0.027%$356K100xas long as short
OKX ZEC-USDT-SWAP+0.0044%8h1,467.4+0.068%$176.9M$1.35B50xas long as short
Gate ZEC_USDT+0.0045%8h1,467.4+0.066%$49.9M$186.8M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,466.9+0.032%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,465.1−0.089%$4.6M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0079%1h1,463.2−0.222%$429K$824K50xas long as short
Popdex ZECUSDT+0.0096%1h1,466.3−0.010%$174K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,467+0.040%$14K$824K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.1−0.019%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,466.7+0.024%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.3+0.130%$761.9M$478.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,467.1+0.047%$15.6M$32.6M75xas long as short
Pacifica ZEC+0.0100%1h1,466.8+0.030%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,467.5+0.075%$676.7M$2.47B75xas long as short
Bulk ZEC-USD+0.0100%1h1,463.9−0.168%$903K$27K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.4+0.067%$222.7M$868.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.1+0.046%$103.8M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.3+0.059%$162.7M$304.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,465.8−0.041%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,464−0.165%$509K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,464.3−0.143%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,466.7+0.017%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,466.4long leg$345K$1.9M10x
Bullet ZEC-USD+0.0100%1h1,466.5+0.006%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465−0.096%$447K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,468.7+0.156%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.6+0.012%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.5+0.007%$2.5M$23.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,466.6+0.016%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,467.4+0.066%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,466.8+0.029%$37K$366K20xas long as short
Lighter ZEC+0.0128%1h1,468.4+0.135%$19.0M$52.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0174%1h1,467.7+0.091%$2.4M$3.7M15xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0183%1h1,467.4+0.067%$597K$1.3M25xas long as short
RISEx ZEC/USDC+0.0190%1h1,466.7+0.020%$842K$1.3M10xas long as short
Lighter RH ZEC+0.0408%1h1,468.9+0.172%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,469.3+0.198%$3.7M$11.4M50xas long as short
Arcus ZEC-USD+0.0444%1h1,467.4+0.067%$726K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0585%1h1,466.3−0.006%$41K$34K10xas long as short