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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.034%
Price spread now: Arcus against SunX−0.016%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1281.281% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.044%+$4 on $10k
Price spread, last 3 days (all we have)−0.149%−$15 · spread now −0.016%, 7d avg −0.074%
Together, before fees−0.104%−$10 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: Arcus is 0.058% dearer against SunX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,473.30.0100pay 0.0100% / 8h25m 50s$3K$1.2M20x
ShortArcus ZEC-USD1,473.10.0100get 0.0013% / 1h25m 50s$702K$8.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against SunX. 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
Price spread: −0.016% → −0.074%
$5.81
Slippage, 4 orders
−$115.63
Fee SunX: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$122.32
Costs to cover
1.281%
Break-even
never at this rate
Slippage from SunX: live order book, 8 min ago; Arcus: 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 SunX live order book, 8 min ago29.04 bp49.9 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Arcus live order book, 3 min ago0.00 bp6.8 bp −$722.0 bp −$220doesn'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−0.3089%1h1,471.6−0.115%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0261%1h1,468.3−0.339%$399K$515K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,471.2−0.144%$17.9M$44.3M25xas long as short
Bybit ZECUSDT−0.0115%8h1,468.2−0.343%$274.6M$653.2M75xas long as short
BloFin ZEC-USDT−0.0102%8h1,472.2−0.075%$29.8M$75.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.6−0.046%$6K$2K10xas long as short
Variational Omni ZEC−0.0060%8h1,471.8−0.104%$46.8M$33.9Mas long as short
ApeX Omni ZECUSDT−0.0006%1h1,470.3−0.206%$431K$842K50xas long as short
dYdX ZEC-USD0.0000%1h1,468.8−0.305%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,472.5−0.052%$903K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,471.6−0.113%$84K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.4−0.126%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0013%8h1,471.2−0.144%$295K$1.4M20xas long as short
01 Exchange ZECUSD+0.0016%1h1,471.5−0.121%$8K$8K5xas long as short
Phoenix ZEC+0.0024%1h1,470.8−0.170%$4.6M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0037%8h1,469−0.288%$180.5M$1.34B50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0042%1h1,472.1−0.083%$614K$1.3M25xas long as short
Gate ZEC_USDT+0.0045%8h1,469.4−0.265%$50.8M$186.6M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,471.4−0.127%$372K100xas long as short
Lighter ZEC+0.0096%1h1,470.4−0.194%$19.1M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,471.1−0.151%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,470.2−0.212%$13K$834K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.4−0.063%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,471.8−0.101%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.6−0.250%$761.8M$474.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.3−0.272%$14.9M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,469.5−0.256%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.7−0.311%$683.2M$2.46B75xas long as short
Arcus ZEC-USDshort+0.0100%1h1,473.1−0.016%$702K$8.4M10x
Bulk ZEC-USD+0.0100%1h1,469.8−0.240%$894K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,469.5−0.258%$232.8M$839.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.7−0.241%$103.5M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.6−0.317%$162.7M$301.4M75xas long as short
BingX ZEC-USDC+0.0100%8h1,469.6−0.251%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.6−0.183%$513K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.2−0.212%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,470.2−0.209%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471−0.155%$344K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471−0.158%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.7−0.245%$448K$498K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,473.3long leg$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,471.1−0.151%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471−0.155%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,471.8−0.100%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,470.1−0.214%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.5−0.121%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,472−0.090%$825K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0419%1h1,471.2−0.142%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,474.9+0.109%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0456%1h1,470.8−0.168%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0722%1h1,472.4−0.061%$46K$47K10xas long as short