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: Pacifica against Popdex+0.096%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$200.198% 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−0.116%−$12 · spread now +0.096%, 7d avg −0.013%
Together, before fees−0.111%+ Points / potential airdropPacifica: Active · farm board−$11 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: Pacifica is 0.108% dearer against Popdex than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex ZECUSDT1,466.90.0096pay 0.0012% / 1h23m 45s$175K$1.9M50x
ShortPacifica ZEC1,468.30.0100get 0.0013% / 1h23m 45s$1.7M$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.096% → −0.013%
$10.83
Slippage, 4 orders
−$5.36
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$8.09
Costs to cover
0.198%
Break-even
74.4 days
Slippage from Popdex: live order book, just now; Pacifica: live order book, just now.

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 now0.07 bp3.5 bp −$410.4 bp −$104doesn't fitdoesn't fit
Sell Pacifica live order book, just now0.03 bp5.3 bp −$5doesn't fitdoesn'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%1h1,472.9+0.411%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0270%1h1,466.3−0.041%$399K$518K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,467.8+0.058%$17.9M$44.4M25xas long as short
Bybit ZECUSDT−0.0116%8h1,467+0.007%$274.2M$654.0M75xas long as short
BloFin ZEC-USDT−0.0102%8h1,470.8+0.267%$29.7M$75.1M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.3+0.029%$6K$2K10xas long as short
Variational Omni ZEC−0.0060%8h1,471.8+0.331%$46.8M$33.9Mas long as short
ApeX Omni ZECUSDT−0.0006%1h1,470.3+0.229%$431K$842K50xas long as short
dYdX ZEC-USD0.0000%1h1,467.6+0.045%$413K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,469.7+0.191%$956K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,466.5−0.029%$83K$407K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,467.6+0.050%$612K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.4+0.031%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,466.8−0.004%$294K$1.4M20xas long as short
01 Exchange ZECUSD+0.0016%1h1,466.9−0.003%$8K$8K5xas long as short
Phoenix ZEC+0.0024%1h1,470.8+0.264%$4.6M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0039%8h1,467.5+0.039%$180.3M$1.34B50xas long as short
Gate ZEC_USDT+0.0043%8h1,467.4+0.034%$50.5M$186.9M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0010%1h1,467.1+0.015%$371K100xas long as short
Lighter ZEC+0.0096%1h1,469+0.143%$19.1M$52.5M20xas long as short
Popdex ZECUSDTlong+0.0096%1h1,466.9long leg$175K$1.9M50x
Katana Perps ZEC-USD+0.0097%8h1,466.1−0.058%$13K$834K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,467+0.004%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.7+0.054%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.4+0.104%$761.2M$472.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,467.3+0.025%$14.9M$32.7M75xas long as short
Pacifica ZECshort+0.0100%1h1,468.3+0.096%$1.7M$2.9M10x
Binance ZECUSDT+0.0100%8h1,467.5+0.038%$682.6M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,468.7+0.120%$701K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,469.8+0.195%$894K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.4+0.033%$231.5M$839.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.3+0.025%$103.3M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.5+0.038%$162.7M$301.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,467.6+0.046%$102.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.6+0.251%$513K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.2+0.427%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,471.9+0.340%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,466.90.000%$342K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.8−0.010%$127K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.4−0.100%$457K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469+0.142%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.4+0.033%$237K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.6−0.022%$2.5M$22.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.1+0.080%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,467.6+0.049%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,466.5−0.026%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,467.5+0.042%$823K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0411%1h1,468+0.076%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,469.4+0.169%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0456%1h1,469.7+0.192%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0730%1h1,470.7+0.262%$45K$47K10xas long as short