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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: BingX against SoDEX−0.161%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$280.280% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.130%−$13 · spread now −0.161%, 7d avg −0.068%
Together, before fees−0.129%−$13 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: BingX is 0.093% cheaper against SoDEX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ZEC-USD1,497.70.0100pay 0.0013% / 1h11m 03s$255K$3.6M10x
ShortBingX ZEC-USDC1,495.30.0100get 0.0100% / 8h1h 11m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SoDEX. 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
Price spread: −0.161% → −0.068%
−$9.33
Slippage, 4 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$37.32
Costs to cover
0.280%
Break-even
never at this rate
Slippage from SoDEX: live order book, 3 min ago; BingX: live order book, 11 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 SoDEX live order book, 3 min ago0.30 bp4.9 bp −$514.3 bp −$143102.8 bp −$10.3Kdoesn't fit
Sell BingX live order book, 11 min ago0.50 bp8.3 bp −$812.9 bp −$12931.8 bp −$3,18180.0 bp −$40.0K

ZEC on 50 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%1h1,479.6−1.208%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,496.3−0.091%$61K$304K10xas long as short
BloFin ZEC-USDT−0.0150%8h1,496.5−0.077%$30.5M$75.1M75xas long as short
Kraken Futures PF_ZECUSD−0.0096%1h1,498+0.021%$18.1M$46.5M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,497.8+0.009%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,497.3−0.028%$416K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,498.5+0.055%$1.5M$4.6M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,495.6−0.140%$5.3M150xas long as short
Aftermath Perps ZECUSD+0.0017%1h1,495.7−0.129%$48K$64K10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0051%1h1,497.8+0.007%$684K$1.4M25xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0080%8h1,496.7−0.063%$301K$1.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,497−0.043%$174K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,497−0.046%$12K$876K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,497−0.043%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,497.6−0.005%$3.1M$7.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,495.8−0.124%$14.0M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,497.8+0.010%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,496.1−0.103%$697.0M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,496.1−0.105%$267.8M$631.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,495.3−0.159%$182.8M$1.34B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,496.3−0.092%$408K$552K5xas long as short
Bulk ZEC-USD+0.0100%1h1,494.2−0.230%$903K$7K10xas long as short
Gate ZEC_USDT+0.0100%8h1,496.2−0.096%$55.0M$186.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,496.4−0.087%$242.5M$797.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,496.5−0.082%$103.1M$57.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,495.4−0.152%$160.9M$289.7M75xas long as short
BingX ZEC-USDCshort+0.0100%8h1,495.3−0.161%$6.7M
Variational Omni ZEC+0.0100%8h1,498.8+0.078%$49.0M$34.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,496.9−0.055%$574K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,494.6−0.207%$3.1M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,494.9−0.186%$411K$942K50xas long as short
StandX ZEC-USD+0.0100%1h1,497.2−0.032%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,497.8+0.008%$359K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,497.2−0.035%$165K$184K20xas long as short
SunX ZEC-USDT+0.0100%8h1,499.6+0.126%$3K$1.2M20xas long as short
SoDEX ZEC-USDlong+0.0100%1h1,497.7long leg$255K$3.6M10x
HTX ZEC-USDT+0.0100%8h1,497.9+0.016%$2.7M$20.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,497.5−0.011%$4.0M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,497.8+0.009%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,497.70.000%$43K$151K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,497.5−0.011%$8K$7K5xas long as short
RISEx ZEC/USDC+0.0129%1h1,497.5−0.011%$941K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,494.9−0.184%$4.8M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0134% / S −0.0129%1h1,496.6−0.075%$396K100xas long as short
Hyperliquid ZEC+0.0163%1h1,497−0.045%$780.1M$445.9M10xas long as short
Lighter RH ZEC+0.0216%1h1,498.1+0.025%$2.1M$7.5M10xas long as short
Arcus ZEC-USD+0.0221%1h1,498.3+0.039%$604K$8.7M10xas long as short
Backpack ZEC_USDC_PERP+0.0244%1h1,496.8−0.057%$2.3M$3.9M15xas long as short
Lighter ZEC+0.0280%1h1,498+0.020%$19.8M$46.9M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,497−0.046%$3.7M$10.1M50xas long as short