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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against Popdex−0.001%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$270.274% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.014%−$1 on $10k
Price spread, last 7 days−0.061%−$6 · spread now −0.001%, 7d avg −0.019%
Together, before fees−0.075%−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex ZECUSDT1,508.70.0096pay 0.0012% / 1h11m 42s$176K$1.8M50x
ShortPolymarket Perps ZEC-USD1,508.70.0100get 0.0013% / 1h11m 42s$363K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: −0.001% → −0.019%
$1.76
Slippage, 4 orders
−$12.96
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$24.76
Costs to cover
0.274%
Break-even
213.3 days
Slippage from Popdex: live order book, 2 min ago; Polymarket Perps: live order book, 2 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, 2 min ago1.96 bp5.8 bp −$613.5 bp −$135doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 2 min ago3.32 bp8.0 bp −$810.7 bp −$107doesn'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−0.3442%1h1,490.6−1.200%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,507.7−0.069%$62K$303K10xas long as short
BloFin ZEC-USDT−0.0179%8h1,507.4−0.090%$31.1M$76.3M75xas long as short
Bulk ZEC-USD−0.0108%1h1,495.7−0.862%$810K$100K10xas long as short
Aftermath Perps ZECUSD−0.0088%1h1,504.1−0.305%$48K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,508.8+0.003%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,508.6−0.008%$419K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,510.5+0.120%$1.5M$4.4M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,509.9+0.080%$689K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,509+0.019%$5.4M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZECUSD+0.0012%1h1,509.8+0.072%$18.1M$47.3M25xas long as short
Ondo Perps ZEC-USD.P+0.0054%1h1,507.4−0.087%$411K$559K5xas long as short
01 Exchange ZECUSD+0.0080%1h1,509+0.021%$8K$6K5xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,509.4+0.046%$304K$864K20xas long as short
Phoenix ZEC+0.0096%1h1,508.1−0.040%$4.8M$1.4M10xas long as short
Popdex ZECUSDTlong+0.0096%1h1,508.7long leg$176K$1.8M50x
Katana Perps ZEC-USD+0.0098%8h1,508.5−0.015%$14K$894K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,508.5−0.017%$62K$19K10xas long as short
Nado ZEC-PERP+0.0100%1h1,509+0.020%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,510.6+0.125%$791.4M$443.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,508.8+0.006%$14.1M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,509+0.016%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,509.6+0.058%$706.1M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,508.7−0.004%$272.6M$620.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,509.9+0.077%$184.2M$1.36B50xas long as short
Gate ZEC_USDT+0.0100%8h1,509.4+0.042%$58.9M$187.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,509.7+0.063%$239.2M$807.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,508.6−0.011%$103.6M$56.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,510+0.086%$163.6M$290.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,509.8+0.072%$117.9Mas long as short
Variational Omni ZEC+0.0100%8h1,501.9−0.451%$49.1M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,504.8−0.263%$576K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,507.4−0.089%$3.1M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,507.5−0.078%$415K$946K50xas long as short
StandX ZEC-USD+0.0100%1h1,509+0.021%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USDshort+0.0100%1h1,508.7−0.001%$363K$1.6M10x
Bullet ZEC-USD+0.0100%1h1,508.8+0.003%$168K$189K20xas long as short
Derive ZEC-PERP+0.0100%1h1,508.4−0.022%$460K$438K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,511.4+0.175%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,509.5+0.052%$255K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,509.1+0.026%$2.7M$20.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,509.2+0.033%$4.0M$4.9M50xas long as short
Lighter RH ZEC+0.0104%1h1,510.7+0.129%$2.1M$7.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,508.1−0.040%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,509.5+0.049%$43K$151K20xas long as short
RISEx ZEC/USDC+0.0128%1h1,508.8+0.007%$950K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0147% / S −0.0146%1h1,508.9+0.013%$335K100xas long as short
Lighter ZEC+0.0184%1h1,510.6+0.122%$19.9M$46.5M20xas long as short
Arcus ZEC-USD+0.0403%1h1,508.9+0.011%$607K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,510.8+0.139%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0492%1h1,509.9+0.080%$2.4M$3.8M15xas long as short