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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%
Price spread now: Bulk against SunX−0.039%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1251.255% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.057%−$6 on $10k
Price spread, last 3 days (all we have)−0.394%−$39 · spread now −0.039%, 7d avg −0.125%
Together, before fees−0.450%−$45 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: Bulk is 0.086% dearer against SunX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.125%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,477.20.0100pay 0.0100% / 8h6h 21m$3K$1.2M20x
ShortBulk ZEC-USD1,476.60.0100get 0.0013% / 1h21m 06s$896K$18K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: −0.039% → −0.125%
$8.55
Slippage, 4 orders
−$110.48
Fee SunX: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$116.93
Costs to cover
1.255%
Break-even
never at this rate
Slippage from SunX: live order book, 2 min ago; Bulk: live order book, 48 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, 2 min ago29.02 bp49.7 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Bulk live order book, 48 min ago0.03 bp3.5 bp −$43.6 bp −$365.1 bp −$5158.5 bp −$4,244

ZEC on 50 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−0.3678%1h1,459.6−1.192%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,475.2−0.130%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0010%1h1,471.4−0.390%$400K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,475.1−0.137%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,474.4−0.189%$415K$54K5xas long as short
Kalshi KXZECPERP0.0000%8h1,475.2−0.130%$975K$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,474.9−0.154%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,474.7−0.164%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0029%8h1,474.9−0.152%$294K$1.0M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,474.8−0.163%$385K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEC+0.0055%8h1,474.3−0.196%$48.1M$32.6Mas long as short
Phoenix ZEC+0.0070%1h1,474.7−0.168%$4.7M$1.5M10xas long as short
01 Exchange ZECUSD+0.0072%1h1,475.1−0.137%$8K$8K5xas long as short
Popdex ZECUSDT+0.0096%1h1,475−0.150%$174K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0098%8h1,474.8−0.159%$181.8M$1.27B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,474.5−0.177%$14K$840K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,475.2−0.133%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.1−0.206%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,476−0.079%$768.6M$443.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,474.8−0.163%$14.8M$30.4M75xas long as short
Pacifica ZEC+0.0100%1h1,475.2−0.135%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,475.1−0.137%$682.4M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,475−0.150%$272.4M$616.9M75xas long as short
Bulk ZEC-USDshort+0.0100%1h1,476.6−0.039%$896K$18K10x
Gate ZEC_USDT+0.0100%8h1,474.8−0.160%$50.4M$176.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,475.1−0.139%$216.3M$800.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.7−0.167%$103.6M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,475.2−0.135%$163.9M$283.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,474.1−0.206%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,472.2−0.339%$573K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.6−0.244%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,473.3−0.263%$428K$898K50xas long as short
StandX ZEC-USD+0.0100%1h1,474.4−0.185%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,474.7−0.167%$347K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,474.9−0.153%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.4−0.254%$458K$511K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,477.2long leg$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,474.9−0.150%$243K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,474.4−0.190%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,475−0.145%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,474.7−0.164%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,474.7−0.164%$48K$162K20xas long as short
Arcus ZEC-USD+0.0254%1h1,476.2−0.065%$688K$8.6M10xas long as short
Lighter ZEC+0.0256%1h1,476.3−0.060%$19.3M$48.2M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0285%1h1,475.7−0.097%$614K$1.3M25xas long as short
Lighter RH ZEC+0.0288%1h1,476.8−0.028%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,475.8−0.095%$867K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,476.3−0.056%$3.6M$9.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0480%1h1,475.3−0.129%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0746%1h1,475.2−0.135%$44K$46K10xas long as short