Funding arb · Price arb /

ZEC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%

Price spread now: Aster against StandX+0.078%7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$280.284% of the position

Long on StandX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.276%−$28 on $10k

Price spread, last 7 days−0.067%−$7 · spread now +0.078%, 7d avg −0.029%

Together, before fees−0.343%+ Points / potential airdropStandX: Active · Aster: Stage 5 · farm board−$34 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: Aster is 0.107% dearer against StandX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX ZEC-USD	1,456.1	0.0100	pay 0.0013% / 1h	11m 58s	$49K	$4.7M	30x
Short	Aster ZECUSDT	1,457.2	0.0100	get 0.0100% / 8h	5h 11m	$14.5M	$28.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against StandX. 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

Position, each leg$Hold fordaysFee StandXbpFee AsterbpOrdersPrice spread, now +0.078%Rate

Funding earned: $0
Price spread: +0.078% → −0.029%: $10.66
Slippage, 4 orders: −$12.41
Fee StandX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$17.75
Costs to cover: 0.284%
Break-even: never at this rate

Slippage from StandX: live order book, 2 min ago; Aster: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy StandX live order book, 2 min ago	4.05 bp	8.6 bp −$9	10.4 bp −$104	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	0.75 bp	5.9 bp −$6	8.4 bp −$84	20.2 bp −$2,022	103.5 bp −$51.8K

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3244%	1h	1,456.6	+0.032%	$34K	$272K	12x	as long as short
BloFin ZEC-USDT	−0.0084%	8h	1,455.7	−0.030%	$29.4M	$70.6M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,456.8	+0.048%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,455.6	−0.032%	$410K	$43K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,456.8	+0.048%	$1.5M	$4.5M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,456	−0.005%	$83K	$241K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,457.3	+0.080%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0051%	8h	1,457.3	+0.080%	$292K	$966K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0061% / S −0.0011%	1h	1,457	+0.062%	$409K	—	100x	as long as short
Phoenix ZEC	+0.0074%	1h	1,458.4	+0.158%	$4.6M	$1.4M	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ZECUSDT	+0.0096%	1h	1,456.5	+0.025%	$173K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,456.4	+0.019%	$13K	$882K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,456.8	+0.048%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,457	+0.059%	$2.6M	$6.3M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,458.3	+0.152%	$757.9M	$434.7M	10x	as long as short
Aster ZECUSDTshort	+0.0100%	8h	1,457.2	+0.078%	$14.5M	$28.1M	75x
Pacifica ZEC	+0.0100%	1h	1,457	+0.061%	$1.7M	$2.5M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,457.3	+0.080%	$668.1M	$2.23B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,456.8	+0.045%	$264.5M	$605.0M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,457.5	+0.094%	$178.4M	$1.23B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,460.5	+0.303%	$396K	$439K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,457.5	+0.093%	$883K	$21K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,457.6	+0.106%	$50.2M	$175.2M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,457.4	+0.088%	$213.7M	$780.6M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,457.5	+0.096%	$102.1M	$55.7M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,457.5	+0.100%	$162.0M	$273.4M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,456.7	+0.040%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,462.2	+0.422%	$47.8M	$32.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,460.6	+0.313%	$570K	$8.7M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,462.3	+0.425%	$3.0M	$432K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,461	+0.339%	$411K	$909K	50x	as long as short
StandX ZEC-USDlong	+0.0100%	1h	1,456.1	long leg	$49K	$4.7M	30x
Polymarket Perps ZEC-USD	+0.0100%	1h	1,456.2	+0.008%	$369K	$1.9M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,457.1	+0.068%	$160K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,456.3	+0.017%	$445K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,460.2	+0.284%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,457.1	+0.066%	$233K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,455	−0.075%	$2.7M	$18.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,457.3	+0.082%	$3.8M	$5.1M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0101%	1h	1,458.2	+0.146%	$2.4M	$3.8M	15x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,457.1	+0.068%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,456.9	+0.054%	$47K	$153K	20x	as long as short
01 Exchange ZECUSD	+0.0144%	1h	1,456.6	+0.032%	$8K	$7K	5x	as long as short
Kraken Futures PF_ZECUSD	+0.0196%	1h	1,457	+0.065%	$18.0M	$44.6M	25x	as long as short
Lighter ZEC	+0.0248%	1h	1,458.6	+0.172%	$19.1M	$46.7M	20x	as long as short
Arcus ZEC-USD	+0.0277%	1h	1,457.9	+0.124%	$715K	$8.5M	10x	as long as short
Lighter RH ZEC	+0.0368%	1h	1,458.7	+0.179%	$2.0M	$6.9M	10x	as long as short
RISEx ZEC/USDC	+0.0409%	1h	1,457.1	+0.072%	$833K	$1.0M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0414%	1h	1,458.1	+0.141%	$613K	$1.3M	25x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0456%	1h	1,457.5	+0.099%	$3.7M	$9.1M	50x	as long as short
Aftermath Perps ZECUSD	+0.0691%	1h	1,458.4	+0.157%	$45K	$49K	10x	as long as short