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−0.0029%/8h= −3.2% APRpaid last 24h −0.016%
Price spread now: edgeX against RISEx+0.140%55s7-day average −0.083% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$220.218% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.194%−$19 on $10k
Price spread, last 7 days−0.163%−$16 · spread now +0.140%, 7d avg −0.083%
Together, before fees−0.357%+ Points / potential airdropedgeX: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.223% dearer against RISEx than usual: you sell high and buy low (spread +0.140% now, against its 7-day average of −0.083%): +$22 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days. At the pace of the last 4 days (−0.194% in total) that is about 4.2 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ZEC/USDC1,482.70.0129pay 0.0016% / 1h42m 23s$927K$1.2M10x
ShortedgeX ZECUSDC1,484.80.0100get 0.0050% / 4h1h 42m$568K$8.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against RISEx. 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
−$6.18
Price spread: +0.140% → −0.083%
$22.29
Slippage, 4 orders
−$6.82
Fee RISEx: 3 bp × 2 orders
−$6
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$5.7
Costs to cover
0.218%
Break-even
from the start
Slippage from RISEx: live order book, 1 min ago; edgeX: 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 RISEx live order book, 1 min ago2.63 bp5.6 bp −$611.5 bp −$115doesn't fitdoesn't fit
Sell edgeX live order book, 2 min ago0.78 bp5.3 bp −$59.2 bp −$92doesn'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−0.3684%1h1,484.2+0.100%$34K$273K12xas long as short
Bulk ZEC-USD−0.0118%1h1,480.8−0.127%$895K$15K10xas long as short
BloFin ZEC-USDT−0.0116%8h1,481.3−0.095%$30.7M$73.6M75xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,481.8−0.059%$18.0M$46.5M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,483+0.022%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,480.9−0.121%$412K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,483.3+0.041%$1.6M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,481.8−0.058%$61K$297K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,483.4+0.050%$5.3M150xas long as short
Orderly PERP_ZEC_USDC+0.0074%8h1,483+0.019%$298K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,483.3+0.038%$158K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,482.7−0.002%$2.8M$6.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,482.8+0.009%$13.8M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,481.5−0.079%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,483.3+0.044%$690.6M$2.29B75xas long as short
Bybit ZECUSDT+0.0100%8h1,483+0.019%$269.3M$624.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,483.1+0.028%$179.3M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,484.2+0.102%$405K$505K5xas long as short
Gate ZEC_USDT+0.0100%8h1,483.4+0.048%$54.3M$181.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,483.3+0.038%$238.3M$778.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,483.1+0.029%$101.9M$56.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,483.3+0.040%$159.9M$288.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,483.1+0.026%$114.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,482−0.045%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,484.4+0.113%$48.5M$33.9Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,484.8+0.140%$568K$8.9M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,485.5+0.189%$3.0M$488K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,486.5+0.256%$411K$933K50xas long as short
StandX ZEC-USD+0.0100%1h1,482.4−0.020%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,482.3−0.026%$358K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,483.2+0.032%$163K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,482.1−0.041%$452K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,485.2+0.172%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,482.4−0.019%$252K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,481.9−0.053%$2.6M$19.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,482.4−0.022%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,480.8−0.128%$61K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,483+0.023%$11K$864K10xas long as short
Extended ZEC-USD+0.0104%1h1,481.8−0.059%$2.7M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,482.9+0.015%$42K$152K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0125% / S −0.0114%1h1,482.9+0.015%$430K100xas long as short
01 Exchange ZECUSD+0.0128%1h1,483.7+0.067%$8K$7K5xas long as short
RISEx ZEC/USDClong+0.0129%1h1,482.7long leg$927K$1.2M10x
Phoenix ZEC+0.0134%1h1,485+0.153%$4.7M$1.4M10xas long as short
Aftermath Perps ZECUSD+0.0173%1h1,484+0.087%$47K$64K10xas long as short
Hyperliquid ZEC+0.0192%1h1,484.1+0.095%$771.1M$441.5M10xas long as short
Arcus ZEC-USD+0.0221%1h1,484.2+0.100%$624K$8.6M10xas long as short
Lighter ZEC+0.0264%1h1,482.2−0.031%$19.4M$45.6M20xas long as short
Lighter RH ZEC+0.0272%1h1,483.2+0.036%$2.1M$7.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0288%1h1,483.9+0.081%$706K$1.4M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,483.4+0.046%$3.6M$9.9M50xas long as short