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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%
Price spread now: SoDEX against SunX−0.307%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1281.280% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.025%−$3 on $10k
Price spread, last 3 days (all we have)+0.703%+$70 · spread now −0.307%, 7d avg −0.092%
Together, before fees+0.678%+$68 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: SoDEX is 0.215% cheaper against SunX than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,483.40.0100pay 0.0100% / 8h3h 32m$3K$1.3M20x
ShortSoDEX ZEC-USD1,478.80.0100get 0.0013% / 1h32m 36s$225K$4.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.307% → −0.092%
−$21.51
Slippage, 4 orders
−$111.98
Fee SunX: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$149.49
Costs to cover
1.280%
Break-even
never at this rate
Slippage from SunX: live order book, 2 min ago; SoDEX: live order book, 2 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 ago29.05 bp49.5 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell SoDEX live order book, 2 min ago0.44 bp5.4 bp −$515.9 bp −$159104.1 bp −$10.4Kdoesn'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−0.3181%1h1,476.9−0.438%$34K$159K12xas long as short
ApeX Omni ZECUSDT−0.0092%1h1,475.7−0.518%$735K$601K50xas long as short
Variational Omni ZEC−0.0090%8h1,479.3−0.275%$47.8M$30.5Mas long as short
Hotstuff ZEC-PERP−0.0080%1h1,481.5−0.129%$6K$2K10xas long as short
BloFin ZEC-USDT−0.0068%8h1,481.8−0.104%$29.9M$78.1M75xas long as short
Bybit ZECUSDT−0.0064%8h1,480−0.230%$277.6M$691.3M75xas long as short
Kraken Futures PF_ZECUSD−0.0052%1h1,479.2−0.284%$18.0M$44.9M25xas long as short
Orderly PERP_ZEC_USDC−0.0007%8h1,479.3−0.275%$287K$1.5M20xas long as short
dYdX ZEC-USD0.0000%1h1,481.2−0.148%$417K$107K5xas long as short
Kalshi KXZECPERP0.0000%8h1,481.5−0.125%$990K$5.4M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,478.8−0.309%$84K$416K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,479.4−0.270%$5.2M150xas long as short
OKX ZEC-USDT-SWAP+0.0015%8h1,480.6−0.185%$178.2M$1.41B50xas long as short
Aster ZECUSDT+0.0039%8h1,482.3−0.073%$15.3M$34.7M75xas long as short
Phoenix ZEC+0.0045%1h1,479.2−0.280%$4.7M$1.5M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0059% / S +0.0051%1h1,479.4−0.270%$580K100xas long as short
MEXC ZEC_USDT+0.0066%8h1,480.2−0.216%$233.2M$928.2M150xas long as short
Binance ZECUSDT+0.0069%8h1,480.3−0.206%$677.9M$2.57B75xas long as short
Gate ZEC_USDT+0.0069%8h1,480.8−0.173%$51.2M$184.9M75xas long as short
01 Exchange ZECUSD+0.0080%1h1,482.4−0.067%$9K$7K5xas long as short
Ondo Perps ZEC-USD.P+0.0083%1h1,476.3−0.477%$400K$538K5xas long as short
Polymarket Perps ZEC-USD+0.0085%1h1,478.5−0.329%$315K$2.4M10xas long as short
Katana Perps ZEC-USD+0.0093%8h1,482.4−0.066%$12K$886K10xas long as short
Popdex ZECUSDT+0.0096%1h1,481.3−0.138%$174K$2.0M50xas long as short
Aevo ZEC-PERP+0.0096%1h1,479−0.297%$37K$362K20xas long as short
Paradex ZEC-USD-PERP+0.0099%8h1,480.7−0.183%$61K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,479.4−0.267%$3.1M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,483.2−0.012%$773.8M$509.8M10xas long as short
Pacifica ZEC+0.0100%1h1,481.8−0.105%$1.7M$3.2M10xas long as short
KuCoin ZECUSDTM+0.0100%8h1,482.5−0.060%$104.6M$58.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,480.5−0.193%$172.7M$317.8M75xas long as short
BingX ZEC-USDT+0.0100%8h1,480.8−0.172%$113.2Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,482.8−0.041%$2.4M$3.9M15xas long as short
edgeX ZECUSDC+0.0100%4h1,476.5−0.464%$495K$10.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,478.1−0.359%$3.0M$514K10xas long as short
StandX ZEC-USD+0.0100%1h1,476.8−0.442%$111K$4.8M30xas long as short
Bullet ZEC-USD+0.0100%1h1,478.9−0.299%$130K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,477.5−0.395%$449K$493K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,483.4long leg$3K$1.3M20x
SoDEX ZEC-USDshort+0.0100%1h1,478.8−0.307%$225K$4.8M10x
HTX ZEC-USDT+0.0100%8h1,480.1−0.222%$2.4M$26.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,481−0.163%$3.8M$5.7M50xas long as short
Bulk ZEC-USD+0.0100%1h1,481.7−0.113%$914K$30K10xas long as short
RISEx ZEC/USDC+0.0138%1h1,481.6−0.120%$873K$2.5M10xas long as short
Lighter RH ZEC+0.0200%1h1,483.2−0.011%$1.6M$7.5M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0228%1h1,479.9−0.235%$590K$1.4M25xas long as short
Lighter ZEC+0.0312%1h1,481.7−0.111%$19.6M$54.1M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,481.4−0.133%$3.8M$11.9M50xas long as short
Aftermath Perps ZECUSD+0.0493%1h1,476.6−0.456%$39K$32K10xas long as short
Arcus ZEC-USD+0.0538%1h1,482.6−0.055%$711K$7.5M10xas long as short
Extended ZEC-USD+0.0592%1h1,480.2−0.215%$3.9M$5.2M10xas long as short