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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0218%/8h= −23.8% APRnext payment $2.18 per $10,000 · paid last 24h −0.071%
Price spread now: BloFin against SunX−0.152%55s7-day average −0.089% · you buy dearer than you sell
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 7 days−0.441%−$44 on $10k
Price spread, last 3 days (all we have)+0.219%+$22 · spread now −0.152%, 7d avg −0.089%
Together, before fees−0.223%−$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.063% cheaper against SunX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.089%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,4710.0100pay 0.0100% / 8h1h 08m$3K$1.2M20x
ShortBloFin ZEC-USDT1,468.8−0.0118pay 0.0118% / 8h1h 08m$29.3M$75.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$45.68
Price spread: −0.152% → −0.089%
−$6.31
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$71.98
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 5 min ago; BloFin: live order book, 6 min ago. 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 SunX live order book, 5 min ago491.17 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago0.20 bp6.2 bp −$68.4 bp −$8413.5 bp −$1,349doesn'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%1h1,469.5−0.100%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,468.9−0.143%$17.9M$44.5M25xas long as short
Ondo Perps ZEC-USD.P−0.0249%1h1,466.9−0.278%$398K$515K5xas long as short
BloFin ZEC-USDTshort−0.0118%8h1,468.8−0.152%$29.3M$75.6M75x
Hotstuff ZEC-PERP−0.0080%1h1,469.1−0.128%$6K$2K10xas long as short
Bybit ZECUSDT−0.0074%8h1,468.2−0.190%$271.9M$665.1M75xas long as short
Variational Omni ZEC−0.0034%8h1,466.7−0.293%$46.6M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,469.5−0.103%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,469.4−0.107%$889K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,468.9−0.143%$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%1h1,468.9−0.140%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0009%8h1,468.1−0.194%$294K$1.4M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0010%1h1,469.1−0.129%$598K$1.3M25xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0009%1h1,468.5−0.168%$359K100xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,468.7−0.156%$177.7M$1.35B50xas long as short
Gate ZEC_USDT+0.0045%8h1,468.7−0.155%$50.0M$187.2M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,469.4−0.106%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,468.2−0.189%$4.6M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0088%1h1,467.7−0.224%$430K$825K50xas long as short
Popdex ZECUSDT+0.0096%1h1,468.8−0.150%$174K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,469.5−0.104%$13K$823K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468.7−0.156%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,469.6−0.092%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.7−0.088%$762.7M$477.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.4−0.175%$15.6M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,469.5−0.105%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.8−0.151%$677.5M$2.47B75xas long as short
Bulk ZEC-USD+0.0100%1h1,467.7−0.221%$906K$27K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,468.7−0.158%$222.8M$871.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,468.2−0.189%$103.7M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.8−0.151%$162.4M$303.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,467.4−0.243%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,467.4−0.241%$511K$9.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.5−0.240%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,469.4−0.107%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.8−0.149%$346K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,468.3−0.185%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.8−0.282%$447K$502K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,471long leg$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,468.4−0.174%$223K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468.1−0.194%$2.5M$23.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.8−0.149%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,468.8−0.149%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.8−0.220%$37K$366K20xas long as short
Lighter ZEC+0.0120%1h1,470.2−0.052%$19.0M$52.8M20xas long as short
RISEx ZEC/USDC+0.0190%1h1,469.4−0.111%$843K$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0190%1h1,469.4−0.107%$2.4M$3.7M15xas long as short
Lighter RH ZEC+0.0416%1h1,471.2+0.013%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,470.4−0.041%$3.8M$11.5M50xas long as short
Arcus ZEC-USD+0.0444%1h1,470−0.067%$720K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0591%1h1,468.5−0.166%$41K$34K10xas long as short