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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.009%
Price spread now: MEXC against Popdex−0.069%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$130.132% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.044%−$4 on $10k
Price spread, last 7 days+0.054%+$5 · spread now −0.069%, 7d avg 0.000%
Together, before fees+0.010%+$1 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: MEXC is 0.069% cheaper against Popdex than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex ZECUSDT1,498.50.0096pay 0.0012% / 1h16m 15s$171K$1.8M50x
ShortMEXC ZEC_USDT1,497.50.0100get 0.0100% / 8h1h 16m$248.2M$793.3M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Popdex. 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: −0.069% → 0.000%
−$6.94
Slippage, 4 orders
−$6.81
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee MEXC: 0 bp × 2 orders
$0
Net
−$19.31
Costs to cover
0.132%
Break-even
167.9 days
Slippage from Popdex: live order book, 3 min ago; MEXC: 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 Popdex live order book, 3 min ago2.14 bp7.3 bp −$715.5 bp −$155doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago0.03 bp0.1 bp $01.1 bp −$1149.3 bp −$4,92579.5 bp −$39.8K

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−0.3684%1h1,478.1−1.363%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,498−0.037%$61K$304K10xas long as short
BloFin ZEC-USDT−0.0157%8h1,502.3+0.255%$30.7M$75.2M75xas long as short
Kraken Futures PF_ZECUSD−0.0096%1h1,499.9+0.092%$18.2M$46.5M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,501.3+0.183%$6K$1K10xas long as short
Bulk ZEC-USD−0.0051%1h1,487.2−0.759%$898K$9K10xas long as short
dYdX ZEC-USD0.0000%1h1,501.2+0.178%$417K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,502.7+0.278%$1.6M$4.6M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,501.3+0.186%$5.3M150xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0038%1h1,500.1+0.107%$685K$1.4M25xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps ZECUSD+0.0055%1h1,491.8−0.449%$47K$64K10xas long as short
Orderly PERP_ZEC_USDC+0.0079%8h1,499.3+0.051%$302K$1.1M20xas long as short
Popdex ZECUSDTlong+0.0096%1h1,498.5long leg$171K$1.8M50x
Katana Perps ZEC-USD+0.0098%8h1,499+0.035%$12K$878K10xas long as short
Nado ZEC-PERP+0.0100%1h1,500.2+0.112%$3.0M$7.3M10xas long as short
Aster ZECUSDT+0.0100%8h1,498.8+0.019%$14.0M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,501+0.166%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,499.2+0.043%$698.5M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,499.1+0.037%$268.2M$633.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,499.4+0.059%$183.2M$1.34B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,497.5−0.068%$410K$522K5xas long as short
Gate ZEC_USDT+0.0100%8h1,499.1+0.040%$55.1M$185.5M75xas long as short
MEXC ZEC_USDTshort+0.0100%8h1,497.5−0.069%$248.2M$793.3M150x
KuCoin ZECUSDTM+0.0100%8h1,498.8+0.017%$103.1M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,499.4+0.058%$161.3M$289.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,498.9+0.027%$116.3Mas long as short
Variational Omni ZEC+0.0100%8h1,485.5−0.867%$48.4M$34.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,494.9−0.242%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,497.4−0.075%$3.1M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,488.1−0.694%$410K$942K50xas long as short
StandX ZEC-USD+0.0100%1h1,500.6+0.141%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,498.6+0.005%$360K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,498.7+0.012%$165K$184K20xas long as short
SunX ZEC-USDT+0.0100%8h1,500.9+0.161%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,499.6+0.069%$255K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,499.8+0.083%$2.7M$20.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,499+0.030%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,501.1+0.171%$62K$43K10xas long as short
Extended ZEC-USD+0.0104%1h1,499.7+0.080%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,499.2+0.048%$43K$152K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,502.2+0.248%$8K$7K5xas long as short
RISEx ZEC/USDC+0.0129%1h1,499.2+0.045%$938K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,501.5+0.198%$4.8M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0153% / S −0.0169%1h1,499.4+0.061%$485K100xas long as short
Backpack ZEC_USDC_PERP+0.0197%1h1,503.3+0.320%$2.4M$3.9M15xas long as short
Hyperliquid ZEC+0.0206%1h1,499.4+0.059%$779.8M$444.1M10xas long as short
Arcus ZEC-USD+0.0221%1h1,500+0.096%$613K$8.7M10xas long as short
Lighter RH ZEC+0.0256%1h1,500.6+0.136%$2.1M$7.4M10xas long as short
Lighter ZEC+0.0304%1h1,500.8+0.151%$19.8M$46.3M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,500.9+0.157%$3.7M$10.1M50xas long as short