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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.1% APRnext payment +$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: Deribit against StandX+0.041%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$370.371% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.123%−$12 on $10k
Price spread, last 4 days (all we have)+0.696%+$70 · spread now +0.041%, 7d avg +0.064%
Together, before fees+0.574%+ Points / potential airdropStandX: Active · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.023% cheaper against StandX than usual: you would sell low and buy high (spread +0.041% now, against its 7-day average of +0.064%). If the spread goes back, that is −$2 on $10k: about 3.9 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.123%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ZEC-USD1,460.60.0100pay 0.0013% / 1h15m 16s$49K$4.7M30x
ShortDeribit ZEC_USDC-PERPETUAL1,461.20.0120get 0.0015% / 1h15m 16s$617K$1.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
$4.11
Price spread: +0.041% → +0.064%
−$2.32
Slippage, 4 orders
−$22.07
Fee StandX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$35.28
Costs to cover
0.371%
Break-even
67.1 days
Slippage from StandX: live order book, 4 min ago; Deribit: live order book, 4 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 StandX live order book, 4 min ago3.77 bp7.9 bp −$89.9 bp −$99doesn't fitdoesn't fit
Sell Deribit live order book, 4 min ago5.52 bp10.0 bp −$1015.4 bp −$154doesn'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−0.3166%1h1,445.2−1.052%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,460.2−0.026%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0069%8h1,460.4−0.013%$29.5M$71.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,459.7−0.059%$411K$38K5xas long as short
Kalshi KXZECPERP0.0000%8h1,460.9+0.018%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,460.1−0.033%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.5−0.005%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,460.5−0.007%$292K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0069% / S −0.0020%1h1,460.4−0.013%$410K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,461+0.027%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,460.7+0.008%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,460.9+0.018%$11K$857K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,460.8+0.013%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,460.5−0.010%$2.8M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462.1+0.103%$760.3M$432.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,460.6−0.003%$14.8M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,460.9+0.019%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,460.5−0.007%$671.3M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,459.9−0.051%$262.1M$602.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,460.4−0.013%$178.4M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458.4−0.151%$396K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.2−0.231%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,460.4−0.017%$50.7M$175.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,460.6+0.001%$216.5M$774.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.6−0.003%$103.0M$54.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,461+0.024%$166.2M$271.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,460.6−0.002%$105.7Mas long as short
Variational Omni ZEC+0.0100%8h1,459.3−0.090%$47.9M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,459.6−0.066%$568K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,460.7+0.004%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,460.8+0.012%$405K$940K50xas long as short
StandX ZEC-USDlong+0.0100%1h1,460.6long leg$49K$4.7M30x
Polymarket Perps ZEC-USD+0.0100%1h1,460.60.000%$355K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,460.4−0.014%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,459.6−0.067%$446K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,462.9+0.155%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,460.5−0.010%$234K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,459.8−0.052%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,460.2−0.027%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,460.5−0.009%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,460.4−0.015%$47K$151K20xas long as short
Deribit ZEC_USDC-PERPETUALshort+0.0120%1h1,461.2+0.041%$617K$1.3M25x
Phoenix ZEC+0.0123%1h1,460.1−0.035%$4.6M$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0128%1h1,460.8+0.011%$2.4M$3.8M15xas long as short
Lighter ZEC+0.0256%1h1,461.9+0.090%$19.2M$46.0M20xas long as short
Kraken Futures PF_ZECUSD+0.0276%1h1,460.4−0.011%$18.1M$45.0M25xas long as short
Lighter RH ZEC+0.0368%1h1,461.9+0.088%$2.1M$7.0M10xas long as short
RISEx ZEC/USDC+0.0412%1h1,460.8+0.013%$925K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,462.5+0.131%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0626%1h1,461.7+0.074%$683K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0681%1h1,461.1+0.035%$45K$49K10xas long as short