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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Nado against Popdex+0.043%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$170.170% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.005%+$1 on $10k
Price spread, last 7 days+0.010%+$1 · spread now +0.043%, 7d avg +0.035%
Together, before fees+0.015%+ Points / potential airdropNado: Active · farm board+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex ZECUSDT1,470.70.0096pay 0.0012% / 1h43m 40s$177K$1.9M50x
ShortNado ZEC-PERP1,471.30.0100get 0.0012% / 1h43m 40s$2.6M$6.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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: +0.043% → +0.035%
$0.86
Slippage, 4 orders
−$3.63
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$15.33
Costs to cover
0.170%
Break-even
134.7 days
Slippage from Popdex: live order book, just now; Nado: 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 Popdex live order book, just now0.03 bp3.8 bp −$49.1 bp −$91doesn't fitdoesn't fit
Sell Nado live order book, 5 min ago0.17 bp5.2 bp −$513.7 bp −$137doesn't fitdoesn't fit

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−0.3089%1h1,471.5+0.052%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,470.2−0.038%$17.9M$44.3M25xas long as short
Ondo Perps ZEC-USD.P−0.0198%1h1,468.5−0.150%$398K$515K5xas long as short
ApeX Omni ZECUSDT−0.0144%1h1,467.5−0.217%$430K$830K50xas long as short
BloFin ZEC-USDT−0.0105%8h1,469.3−0.098%$29.6M$75.3M75xas long as short
Bybit ZECUSDT−0.0096%8h1,469.3−0.097%$274.4M$657.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.7−0.003%$6K$2K10xas long as short
Variational Omni ZEC−0.0043%8h1,468.6−0.143%$46.8M$33.7Mas long as short
dYdX ZEC-USD0.0000%1h1,470.2−0.036%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.6+0.064%$902K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,471.2+0.031%$84K$404K10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0002%1h1,471.5+0.051%$614K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471+0.022%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,470.7−0.002%$294K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,470.7−0.003%$4.6M$1.6M10xas long as short
01 Exchange ZECUSD+0.0032%1h1,470.9+0.014%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0037%8h1,470.4−0.020%$180.5M$1.34B50xas long as short
Gate ZEC_USDT+0.0044%8h1,469.9−0.054%$51.2M$185.5M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0011%1h1,470.9+0.013%$365K100xas long as short
Lighter ZEC+0.0096%1h1,471.3+0.037%$19.1M$52.1M20xas long as short
Popdex ZECUSDTlong+0.0096%1h1,470.7long leg$177K$1.9M50x
Katana Perps ZEC-USD+0.0097%8h1,470.5−0.016%$13K$836K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470.1−0.044%$60K$39K10xas long as short
Nado ZEC-PERPshort+0.0100%1h1,471.3+0.043%$2.6M$6.8M10x
Hyperliquid ZEC+0.0100%1h1,470.8+0.006%$762.5M$475.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.7−0.067%$15.1M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,470.2−0.032%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.5−0.080%$681.4M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,472+0.090%$723K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,472+0.088%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,470−0.048%$224.2M$833.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,470.4−0.024%$103.7M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,470.5−0.014%$162.8M$302.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,470.1−0.041%$102.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,473+0.154%$513K$9.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.8+0.210%$3.0M$466K10xas long as short
StandX ZEC-USD+0.0100%1h1,470.1−0.042%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470.4−0.021%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,470.5−0.018%$127K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.1−0.107%$448K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.6+0.193%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,470.2−0.038%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470−0.051%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.70.000%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,470.8+0.008%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,470.7−0.003%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,471.4+0.045%$825K$1.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,473.3+0.177%$3.8M$10.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0433%1h1,471.4+0.044%$2.4M$3.7M15xas long as short
Lighter RH ZEC+0.0520%1h1,472+0.086%$2.0M$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0666%1h1,472.1+0.095%$46K$47K10xas long as short