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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0180%/8h= −19.7% APRnext payment $0.23 per $10,000 · paid last 24h −0.054%
Price spread now: Hotstuff against StandX+0.045%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropStandX: Active · Hotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.045% dearer against StandX than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ZEC-USD1,460.90.0100pay 0.0013% / 1h4m 54s$109K$4.8M30x
ShortHotstuff ZEC-PERP1,461.5−0.0080pay 0.0010% / 1h4m 54s$6K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$37.8
Price spread: +0.045% → 0.000%
$4.52
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$46.28
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: StandX: live order book, 4 min ago; Hotstuff: no order-book sample. 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 StandX live order book, 4 min ago6.30 bp10.3 bp −$1012.1 bp −$121doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3476%1h1,446.2−1.007%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0091%8h1,460−0.056%$28.9M$75.5M75xas long as short
Hotstuff ZEC-PERPshort−0.0080%1h1,461.5+0.045%$6K$2K10x
Kraken Futures PF_ZECUSD−0.0071%1h1,460.8−0.006%$17.7M$44.7M25xas long as short
Bybit ZECUSDT−0.0030%8h1,460.6−0.018%$269.8M$677.8M75xas long as short
Variational Omni ZEC−0.0014%8h1,458.9−0.134%$45.7M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,460.90.000%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,460.4−0.032%$935K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,461.5+0.043%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,461.6+0.052%$595K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,461.5+0.040%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0014% / S +0.0075%1h1,461.1+0.019%$558K100xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,460.8−0.005%$293K$1.5M20xas long as short
Ondo Perps ZEC-USD.P+0.0018%1h1,457.9−0.203%$396K$515K5xas long as short
01 Exchange ZECUSD+0.0040%1h1,461.5+0.040%$8K$8K5xas long as short
Gate ZEC_USDT+0.0057%8h1,461.3+0.027%$49.6M$191.3M75xas long as short
OKX ZEC-USDT-SWAP+0.0057%8h1,461.6+0.052%$174.9M$1.37B50xas long as short
Katana Perps ZEC-USD+0.0095%8h1,461+0.010%$13K$862K10xas long as short
Lighter ZEC+0.0096%1h1,463.1+0.150%$18.9M$54.8M20xas long as short
Popdex ZECUSDT+0.0096%1h1,460.8−0.003%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,460.7−0.009%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,461.7+0.054%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462.6+0.119%$758.1M$494.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,461.4+0.034%$15.4M$33.9M75xas long as short
Pacifica ZEC+0.0100%1h1,461.4+0.037%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,461.6+0.049%$668.5M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,461.6+0.053%$222.3M$900.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,461.8+0.062%$103.3M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,461.6+0.048%$161.7M$312.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,460.6−0.019%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,461.9+0.068%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,458.9−0.137%$508K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.2−0.112%$3.0M$492K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,460.1−0.049%$429K$815K50xas long as short
StandX ZEC-USDlong+0.0100%1h1,460.9long leg$109K$4.8M30x
Polymarket Perps ZEC-USD+0.0100%1h1,460.8−0.004%$343K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,460.8−0.005%$128K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,459.5−0.091%$446K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,462.9+0.141%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,460.8−0.005%$222K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,461.2+0.025%$2.4M$24.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,461.3+0.031%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,456.7−0.285%$897K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,462+0.079%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,462+0.080%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,460.90.000%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,461.5+0.046%$844K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,462+0.078%$3.7M$11.7M50xas long as short
Aftermath Perps ZECUSD+0.0490%1h1,460.3−0.039%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,461.9+0.069%$742K$8.0M10xas long as short
Lighter RH ZEC+0.0568%1h1,462.9+0.138%$2.0M$8.5M10xas long as short