Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%

Price spread now: OKX against StandX+0.134%49s7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as 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−$270.273% of the position

Long on StandX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.304%−$30 on $10k

Price spread, last 7 days−0.104%−$10 · spread now +0.134%, 7d avg −0.013%

Together, before fees−0.408%+ Points / potential airdropStandX: Active · farm board−$41 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: OKX is 0.147% dearer against StandX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.013%. The two prices were read 49 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	1,450.2	0.0100	pay 0.0013% / 1h	38m 43s	$49K	$4.7M	30x
Short	OKX ZEC-USDT-SWAP	1,452.2	0.0100	get 0.0100% / 8h	4h 38m	$177.2M	$1.22B	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.134%Rate

Funding earned: $0
Price spread: +0.134% → −0.013%: $14.67
Slippage, 4 orders: −$9.3
Fee StandX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$12.63
Costs to cover: 0.273%
Break-even: never at this rate

Slippage from StandX: live order book, just now; OKX: live order book, 5 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, just now	4.20 bp	8.4 bp −$8	10.3 bp −$103	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.03 bp	5.3 bp −$5	8.4 bp −$84	17.5 bp −$1,753	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	−0.3166%	1h	1,450	−0.016%	$33K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,452.7	+0.170%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0070%	8h	1,451.5	+0.089%	$29.2M	$70.7M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,451.2	+0.069%	$409K	$39K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,452.7	+0.169%	$1.5M	$4.5M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,451.7	+0.102%	$83K	$240K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,452.5	+0.154%	$5.1M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0060%	8h	1,452	+0.121%	$291K	$957K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0066% / S −0.0016%	1h	1,452.4	+0.149%	$408K	—	100x	as long as short
01 Exchange ZECUSD	+0.0080%	1h	1,452.4	+0.152%	$8K	$7K	5x	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	1,452.2	+0.139%	$173K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,451.7	+0.105%	$11K	$872K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,452.1	+0.126%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,452.4	+0.149%	$2.5M	$6.3M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,452.3	+0.143%	$755.3M	$431.8M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,451.4	+0.083%	$14.4M	$27.6M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,451.4	+0.082%	$1.6M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,451.2	+0.068%	$665.9M	$2.22B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,451.4	+0.078%	$261.1M	$601.8M	75x	as long as short
OKX ZEC-USDT-SWAPshort	+0.0100%	8h	1,452.2	+0.134%	$177.2M	$1.22B	50x
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,452.1	+0.130%	$394K	$440K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,450.7	+0.033%	$875K	$29K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,451.6	+0.098%	$50.0M	$173.2M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,452	+0.119%	$215.6M	$770.1M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,451.3	+0.077%	$102.0M	$54.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,452	+0.125%	$164.9M	$273.4M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,452	+0.125%	—	$101.1M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,452.3	+0.143%	$2.4M	$3.9M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,449.4	−0.055%	$47.5M	$32.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,450.6	+0.026%	$565K	$8.6M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,452.9	+0.185%	$3.0M	$437K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,450.8	+0.042%	$403K	$925K	50x	as long as short
StandX ZEC-USDlong	+0.0100%	1h	1,450.2	long leg	$49K	$4.7M	30x
Polymarket Perps ZEC-USD	+0.0100%	1h	1,451.7	+0.102%	$365K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,452.1	+0.133%	$160K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,450.8	+0.043%	$443K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,454.4	+0.290%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,451.9	+0.113%	$232K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,451.9	+0.116%	$2.6M	$18.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,451.4	+0.084%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,451.5	+0.088%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,451.1	+0.064%	$47K	$151K	20x	as long as short
Phoenix ZEC	+0.0123%	1h	1,450.5	+0.017%	$4.6M	$1.3M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0235%	1h	1,452.5	+0.156%	$609K	$1.3M	25x	as long as short
Kraken Futures PF_ZECUSD	+0.0278%	1h	1,451.6	+0.099%	$18.0M	$44.9M	25x	as long as short
Lighter ZEC	+0.0336%	1h	1,452.6	+0.165%	$19.1M	$45.9M	20x	as long as short
RISEx ZEC/USDC	+0.0412%	1h	1,452.4	+0.153%	$919K	$1.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,454.3	+0.281%	$3.8M	$9.0M	50x	as long as short
Lighter RH ZEC	+0.0488%	1h	1,452.9	+0.187%	$2.0M	$6.9M	10x	as long as short
Arcus ZEC-USD	+0.0626%	1h	1,450	−0.018%	$738K	$8.3M	10x	as long as short
Aftermath Perps ZECUSD	+0.0675%	1h	1,451.2	+0.071%	$44K	$49K	10x	as long as short