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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.041%
Price spread now: Variational Omni against RISEx+0.110%7-day average −0.059% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.222%−$22 on $10k
Price spread, last 7 days−0.132%−$13 · spread now +0.110%, 7d avg −0.059%
Together, before fees−0.353%+ Points / potential airdropVariational Omni: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.169% dearer against RISEx than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of −0.059%): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 4 days (−0.222% in total) that is about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ZEC/USDC1,468.20.0154pay 0.0019% / 1h49m 33s$928K$1.1M10x
ShortVariational Omni ZEC1,469.80.0100get 0.0100% / 8h2h 49m$48.2M$32.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$11.41
Price spread: +0.110% → −0.059%
$16.94
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$0.47
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: RISEx: live order book, 4 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.

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, 4 min ago1.50 bp4.5 bp −$59.1 bp −$91doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 5 min ago2.77 bpdoesn't fit6.7 bp −$6716.4 bp −$1,643doesn'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−0.3243%1h1,467.3−0.057%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.6−0.039%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0069%8h1,470+0.124%$29.9M$71.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,467.7−0.030%$408K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,469.2+0.069%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,467.8−0.026%$84K$239K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,468−0.009%$618K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.9−0.017%$5.2M150xas long as short
01 Exchange ZECUSD+0.0032%1h1,468.1−0.005%$8K$7K5xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,467.4−0.050%$293K$900K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,465.6−0.178%$4.7M$1.3M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0093% / S −0.0046%1h1,467.7−0.031%$437K100xas long as short
Lighter RH ZEC+0.0096%1h1,469.3+0.074%$2.1M$7.1M10xas long as short
Popdex ZECUSDT+0.0096%1h1,468−0.015%$174K$1.6M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,468.6+0.031%$12K$797K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468.4+0.012%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.9−0.018%$2.9M$6.4M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.6+0.032%$764.7M$418.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,468−0.013%$14.5M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,467.9−0.019%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,467.8−0.023%$677.2M$2.17B75xas long as short
Bybit ZECUSDT+0.0100%8h1,467.1−0.072%$262.8M$586.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,467.3−0.063%$178.6M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,466.2−0.135%$398K$430K5xas long as short
Bulk ZEC-USD+0.0100%1h1,464.4−0.256%$885K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,468−0.015%$52.7M$169.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.7−0.030%$219.7M$757.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.8−0.028%$103.4M$52.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.8−0.027%$166.8M$267.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,468−0.015%$6.7Mas long as short
Variational Omni ZECshort+0.0100%8h1,469.8+0.110%$48.2M$32.4M
edgeX ZECUSDC+0.0100%4h1,465.8−0.162%$572K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468.6+0.026%$3.0M$453K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.8+0.108%$406K$923K50xas long as short
StandX ZEC-USD+0.0100%1h1,468.1−0.007%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,467.6−0.039%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.7−0.035%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.5−0.111%$448K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.6+0.100%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.4−0.054%$235K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467−0.080%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.8−0.024%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,468−0.014%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.5−0.046%$47K$151K20xas long as short
Lighter ZEC+0.0144%1h1,468.8+0.042%$19.4M$43.8M20xas long as short
Kraken Futures PF_ZECUSD+0.0147%1h1,467.5−0.049%$18.0M$45.6M25xas long as short
RISEx ZEC/USDClong+0.0154%1h1,468.2long leg$928K$1.1M10x
Backpack ZEC_USDC_PERP+0.0291%1h1,468.1−0.007%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,470.6+0.168%$3.8M$9.2M50xas long as short
Arcus ZEC-USD+0.0508%1h1,469.4+0.084%$669K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0680%1h1,467.6−0.041%$45K$49K10xas long as short