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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Popdex against Polymarket Perps+0.006%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$240.242% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.013%+$1 on $10k
Price spread, last 7 days−0.125%−$12 · spread now +0.006%, 7d avg +0.016%
Together, before fees−0.111%−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,5090.0100pay 0.0013% / 1h27m 38s$394K$1.4M10x
ShortPopdex ZECUSDT1,509.10.0096get 0.0012% / 1h27m 38s$174K$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$0.84
Price spread: +0.006% → +0.016%
−$1
Slippage, 4 orders
−$9.8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$26.04
Costs to cover
0.242%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; Popdex: live order book, 5 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 Polymarket Perps live order book, 4 min ago1.33 bp5.3 bp −$58.5 bp −$8527.2 bp −$2,721doesn't fit
Sell Popdex live order book, 5 min ago3.02 bp7.0 bp −$715.9 bp −$159doesn't fitdoesn't fit

ZEC on 50 exchanges

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−0.3418%1h1,494.9−0.933%$36K$267K12xas long as short
Perpl ZEC−0.0447%43m1,507.4−0.106%$63K$294K10xas long as short
Aftermath Perps ZECUSD−0.0212%1h1,509.9+0.060%$47K$78K10xas long as short
BloFin ZEC-USDT−0.0200%8h1,509.7+0.044%$31.9M$72.6M75xas long as short
Ondo Perps ZEC-USD.P−0.0097%1h1,507.6−0.093%$409K$495K5xas long as short
dYdX ZEC-USD0.0000%1h1,507.7−0.087%$415K$30K5xas long as short
Kalshi KXZECPERP0.0000%8h1,509.7+0.044%$1.5M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,508.9−0.008%$5.4M150xas long as short
01 Exchange ZECUSD+0.0032%1h1,509.5+0.030%$8K$6K5xas long as short
Orderly PERP_ZEC_USDC+0.0054%8h1,508.9−0.004%$305K$651K20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0064%1h1,508.8−0.013%$4.8M$1.3M10xas long as short
RISEx ZEC/USDC+0.0083%1h1,507.6−0.094%$909K$1.3M10xas long as short
Aster ZECUSDT+0.0095%8h1,507.9−0.070%$14.5M$25.0M75xas long as short
Lighter ZEC+0.0096%1h1,508.8−0.015%$19.8M$38.8M20xas long as short
Lighter RH ZEC+0.0096%1h1,509+0.003%$2.1M$7.2M10xas long as short
Popdex ZECUSDTshort+0.0096%1h1,509.1+0.006%$174K$1.3M50x
Katana Perps ZEC-USD+0.0098%8h1,506.4−0.170%$20K$869K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,507.5−0.100%$62K$14K10xas long as short
Nado ZEC-PERP+0.0100%1h1,508.1−0.057%$3.1M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,509.2+0.013%$796.9M$411.5M10xas long as short
Pacifica ZEC+0.0100%1h1,508−0.069%$1.5M$2.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,507.8−0.081%$705.8M$2.12B75xas long as short
Bybit ZECUSDT+0.0100%8h1,507.6−0.091%$280.5M$579.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,507.4−0.103%$186.3M$1.25B50xas long as short
Arcus ZEC-USD+0.0100%1h1,508.7−0.019%$597K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,513.8+0.319%$783K$136K10xas long as short
Gate ZEC_USDT+0.0100%8h1,507.7−0.086%$65.4M$166.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,507.8−0.082%$183.0M$812.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,507.7−0.084%$106.3M$51.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,507.8−0.080%$164.0M$269.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,508−0.067%$123.2Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,508.6−0.027%$2.2M$3.6M15xas long as short
Variational Omni ZEC+0.0100%8h1,507.1−0.128%$49.8M$32.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,508−0.070%$551K$8.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,508−0.068%$3.1M$682K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,507.7−0.089%$411K$961K50xas long as short
StandX ZEC-USD+0.0100%1h1,509.9+0.060%$112K$4.5M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,509long leg$394K$1.4M10x
Bullet ZEC-USD+0.0100%1h1,509.1+0.003%$166K$189K20xas long as short
Derive ZEC-PERP+0.0100%1h1,508.3−0.047%$394K$494K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,510.9+0.128%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,509+0.003%$252K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,508.6−0.025%$2.8M$20.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,509.2+0.013%$4.1M$4.7M50xas long as short
Extended ZEC-USD+0.0104%1h1,507.6−0.090%$2.7M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,508.5−0.035%$37K$161K20xas long as short
Kraken Futures PF_ZECUSD+0.0177%1h1,509.3+0.019%$18.7M$45.3M25xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0211% / S −0.0234%1h1,508.8−0.013%$350K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0300%1h1,510+0.066%$698K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0392%1h1,510.2+0.079%$4.0M$9.3M50xas long as short