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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Popdex against StandX+0.308%56s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.281% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.005%$0 on $10k
Price spread, last 7 days−0.298%−$30 · spread now +0.308%, 7d avg −0.007%
Together, before fees−0.303%+ Points / potential airdropStandX: Active · farm board−$30 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: Popdex is 0.316% dearer against StandX than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of −0.007%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ZEC-USD1,463.30.0100pay 0.0013% / 1h46m 34s$110K$4.8M30x
ShortPopdex ZECUSDT1,467.80.0096get 0.0012% / 1h46m 34s$174K$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$0.84
Price spread: +0.308% → −0.007%
$31.56
Slippage, 4 orders
−$13.68
Fee StandX: 4 bp × 2 orders
−$8
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
$2.64
Costs to cover
0.281%
Break-even
from the start
Slippage from StandX: live order book, 3 min ago; Popdex: live order book, 3 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, 3 min ago4.03 bp10.1 bp −$1012.0 bp −$120doesn't fitdoesn't fit
Sell Popdex live order book, 3 min ago0.10 bp5.4 bp −$514.2 bp −$142doesn'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−0.3310%1h1,462.9−0.023%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,467.8+0.309%$17.8M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0107%1h1,459.3−0.272%$398K$518K5xas long as short
BloFin ZEC-USDT−0.0097%8h1,467.7+0.299%$29.3M$75.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,466.4+0.210%$6K$2K10xas long as short
Bybit ZECUSDT−0.0045%8h1,467.8+0.306%$271.7M$676.4M75xas long as short
Variational Omni ZEC−0.0023%8h1,459.1−0.284%$46.4M$34.1Mas long as short
dYdX ZEC-USD0.0000%1h1,468.1+0.327%$413K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,466.9+0.247%$889K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,466.3+0.206%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.2+0.269%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,467.1+0.263%$542K100xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,467.2+0.270%$294K$1.5M20xas long as short
ApeX Omni ZECUSDT+0.0039%1h1,463.4+0.008%$430K$818K50xas long as short
OKX ZEC-USDT-SWAP+0.0052%8h1,467.9+0.317%$176.1M$1.36B50xas long as short
Bulk ZEC-USD+0.0054%1h1,460.6−0.185%$899K$25K10xas long as short
Gate ZEC_USDT+0.0060%8h1,468.1+0.327%$49.9M$184.0M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,468.2+0.338%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,459.6−0.250%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,468+0.325%$14K$864K10xas long as short
Lighter ZEC+0.0096%1h1,469.4+0.417%$19.0M$52.4M20xas long as short
Popdex ZECUSDTshort+0.0096%1h1,467.8+0.308%$174K$1.9M50x
Paradex ZEC-USD-PERP+0.0100%8h1,468+0.319%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,466.7+0.233%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469+0.391%$761.0M$490.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.2+0.333%$15.4M$33.6M75xas long as short
Pacifica ZEC+0.0100%1h1,468.5+0.355%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,467.9+0.317%$675.7M$2.51B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,468+0.321%$223.2M$854.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,468.4+0.351%$103.3M$56.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.1+0.329%$162.9M$308.8M75xas long as short
BingX ZEC-USDT+0.0100%8h1,467.9+0.316%$103.9Mas long as short
edgeX ZECUSDC+0.0100%4h1,459.8−0.235%$509K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,458.9−0.299%$3.0M$492K10xas long as short
StandX ZEC-USDlong+0.0100%1h1,463.3long leg$110K$4.8M30x
Polymarket Perps ZEC-USD+0.0100%1h1,466.4+0.213%$345K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.3+0.206%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.8+0.172%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,468.6+0.362%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.5+0.290%$223K$4.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467+0.254%$2.4M$24.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.4+0.281%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,468.3+0.341%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.5+0.291%$37K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,468.4+0.353%$844K$1.8M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0213%1h1,468.4+0.349%$597K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0213%1h1,468.6+0.361%$2.3M$4.0M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,468.5+0.359%$3.7M$11.7M50xas long as short
Lighter RH ZEC+0.0432%1h1,470+0.459%$2.0M$8.2M10xas long as short
Arcus ZEC-USD+0.0444%1h1,469.1+0.399%$730K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0524%1h1,464.3+0.070%$40K$34K10xas long as short