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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:12 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.034%
Price spread now: Perpl against SunX−0.148%7-day average −0.160% · 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−0.217%−$22 on $10k
Price spread, last 3 days (all we have)+0.159%+$16 · spread now −0.148%, 7d avg −0.160%
Together, before fees−0.058%+ Points / potential airdropPerpl: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.160%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,470.90.0100pay 0.0100% / 8h7h 35m$3K$1.2M20x
ShortPerpl ZEC1,468.70get 0.0000% / 43m14m 12s$83K$405K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$21
Price spread: −0.148% → −0.160%
$1.23
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$41.57
Costs to cover
0.218%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 8 min ago; Perpl: no order-book sample. 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, 8 min ago29.02 bp50.1 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Perpl no order-book sample
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3321%1h1,470.8−0.010%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,468.7−0.150%$17.8M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0158%1h1,468−0.198%$399K$518K5xas long as short
Bybit ZECUSDT−0.0119%8h1,467.7−0.220%$273.8M$636.7M75xas long as short
BloFin ZEC-USDT−0.0102%8h1,468.9−0.139%$29.7M$73.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469−0.130%$6K$2K10xas long as short
Variational Omni ZEC−0.0056%8h1,468.2−0.186%$47.6M$34.2Mas long as short
dYdX ZEC-USD0.0000%1h1,468.6−0.160%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.9−0.134%$957K$5.3M2.2xas long as short
Perpl ZECshort0.0000%43m1,468.7−0.148%$83K$405K10x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,468.7−0.150%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,468.6−0.158%$293K$1.4M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,468.4−0.171%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0044%8h1,467.4−0.240%$181.7M$1.30B50xas long as short
Phoenix ZEC+0.0054%1h1,470.9−0.004%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,468.6−0.156%$377K100xas long as short
Popdex ZECUSDT+0.0096%1h1,468.5−0.167%$175K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468.4−0.168%$60K$39K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,468.4−0.169%$14K$832K10xas long as short
Nado ZEC-PERP+0.0100%1h1,468.9−0.136%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.5−0.096%$762.2M$454.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.4−0.170%$14.9M$31.9M75xas long as short
Pacifica ZEC+0.0100%1h1,469.1−0.122%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.3−0.178%$683.2M$2.38B75xas long as short
Arcus ZEC-USD+0.0100%1h1,470.3−0.045%$700K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471+0.005%$895K$25K10xas long as short
Gate ZEC_USDT+0.0100%8h1,468−0.195%$51.3M$179.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.9−0.206%$230.8M$824.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,468.6−0.154%$104.8M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.2−0.184%$163.3M$293.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,467.3−0.245%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.6−0.022%$572K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,471.5+0.042%$3.0M$466K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470−0.065%$430K$860K50xas long as short
StandX ZEC-USD+0.0100%1h1,470.1−0.058%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.1−0.191%$332K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,468.5−0.161%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.8−0.280%$457K$509K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,470.9long leg$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,468.5−0.162%$242K$4.0M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468−0.196%$2.5M$21.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,469.4−0.105%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,468.6−0.160%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,468.2−0.184%$58K$183K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0111%1h1,469.3−0.108%$604K$1.3M25xas long as short
Lighter ZEC+0.0184%1h1,469.6−0.091%$19.2M$50.4M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,469.2−0.119%$849K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,469.8−0.079%$3.8M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0528%1h1,469.1−0.125%$2.5M$3.8M15xas long as short
Aftermath Perps ZECUSD+0.0766%1h1,471+0.007%$44K$47K10xas long as short
Lighter RH ZEC+0.0768%1h1,471+0.005%$2.0M$8.1M10xas long as short