Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against StandX+0.454%63s7-day average −0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$260.258% of the position

Long on StandX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 7 days−0.472%−$47 · spread now +0.454%, 7d avg −0.071%

Together, before fees−0.449%+ Points / potential airdropStandX: Active · edgeX: Active · farm board−$45 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: edgeX is 0.525% dearer against StandX than usual: you sell high and buy low, +$52 on $10k if it goes back to its 7-day average of −0.071%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX ZEC-USD	1,496.5	0.0100	pay 0.0013% / 1h	36m 27s	$56K	$4.6M	30x
Short	edgeX ZECUSDC	1,503.3	0.0100	get 0.0050% / 4h	36m 27s	$575K	$9.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.454%Rate

Funding earned: $0
Price spread: +0.454% → −0.071%: $52.49
Slippage, 4 orders: −$8.77
Fee StandX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $26.71
Costs to cover: 0.258%
Break-even: from the start

Slippage from StandX: live order book, 3 min ago; edgeX: live order book, 3 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, 3 min ago	2.93 bp	8.6 bp −$9	10.3 bp −$103	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	0.37 bp	5.1 bp −$5	9.5 bp −$95	doesn't fit	doesn't fit

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	−0.3442%	1h	1,504.2	+0.513%	$37K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,494.7	−0.121%	$61K	$304K	10x	as long as short
BloFin ZEC-USDT	−0.0153%	8h	1,495.9	−0.041%	$30.8M	$75.6M	75x	as long as short
Aftermath Perps ZECUSD	−0.0081%	1h	1,500	+0.232%	$48K	$59K	10x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,496.1	−0.026%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,497.9	+0.091%	$416K	$35K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,497.7	+0.081%	$1.5M	$4.4M	2.2x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,496.5	+0.001%	$683K	$1.4M	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,496.6	+0.007%	$5.3M	—	150x	as long as short
Kraken Futures PF_ZECUSD	+0.0012%	1h	1,496.1	−0.026%	$18.0M	$47.2M	25x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk ZEC-USD	+0.0021%	1h	1,505.9	+0.627%	$910K	$2K	10x	as long as short
Ondo Perps ZEC-USD.P	+0.0027%	1h	1,494	−0.167%	$408K	$560K	5x	as long as short
Orderly PERP_ZEC_USDC	+0.0083%	8h	1,496.6	+0.004%	$301K	$1.1M	20x	as long as short
Phoenix ZEC	+0.0096%	1h	1,498.3	+0.120%	$4.8M	$1.4M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,495.4	−0.073%	$175K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0098%	8h	1,496.1	−0.028%	$16K	$878K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,496.1	−0.024%	$62K	$28K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,496.8	+0.017%	$3.1M	$7.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,497	+0.033%	$782.1M	$444.4M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,495.9	−0.040%	$14.0M	$31.2M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,496.9	+0.024%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,496.5	+0.001%	$700.4M	$2.31B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,496.4	−0.006%	$268.9M	$623.7M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,496.6	+0.009%	$183.9M	$1.34B	50x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,495.9	−0.040%	$56.1M	$183.8M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,496	−0.036%	$237.0M	$796.5M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,495.2	−0.088%	$102.9M	$57.1M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,495.8	−0.047%	$161.6M	$290.1M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,496.1	−0.030%	—	$118.3M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,503	+0.432%	$49.1M	$34.6M	—	as long as short
edgeX ZECUSDCshort	+0.0100%	4h	1,503.3	+0.454%	$575K	$9.0M	20x
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,503.3	+0.455%	$3.1M	$507K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,504.4	+0.528%	$414K	$946K	50x	as long as short
StandX ZEC-USDlong	+0.0100%	1h	1,496.5	long leg	$56K	$4.6M	30x
Polymarket Perps ZEC-USD	+0.0100%	1h	1,495.8	−0.047%	$357K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,496.5	+0.002%	$164K	$184K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,496.2	−0.022%	$457K	$489K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,498.2	+0.116%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,495.6	−0.061%	$253K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,495.5	−0.067%	$2.7M	$20.7M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,496.3	−0.011%	$4.0M	$4.9M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,496.9	+0.028%	$2.8M	$7.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,496.7	+0.016%	$43K	$151K	20x	as long as short
01 Exchange ZECUSD	+0.0112%	1h	1,495.9	−0.043%	$8K	$6K	5x	as long as short
RISEx ZEC/USDC	+0.0128%	1h	1,495.8	−0.049%	$942K	$1.1M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0146% / S −0.0154%	1h	1,496.5	+0.003%	$360K	—	100x	as long as short
Lighter RH ZEC	+0.0152%	1h	1,498	+0.102%	$2.1M	$7.4M	10x	as long as short
Lighter ZEC	+0.0208%	1h	1,498.2	+0.116%	$19.8M	$45.4M	20x	as long as short
Arcus ZEC-USD	+0.0403%	1h	1,496.5	−0.003%	$612K	$8.8M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0416%	1h	1,497.2	+0.047%	$3.7M	$10.1M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0547%	1h	1,497.9	+0.091%	$2.3M	$3.9M	15x	as long as short