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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%
Price spread now: edgeX against Variational Omni−0.085%89s7-day average −0.024% · 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 4 days (all we have)+0.030%+$3 on $10k
Price spread, last 7 days+0.083%+$8 · spread now −0.085%, 7d avg −0.024%
Together, before fees+0.113%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$11 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: edgeX is 0.061% cheaper against Variational Omni than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.024%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEC1,495.20.0100pay 0.0100% / 8h19m 56s$48.9M$34.4M
ShortedgeX ZECUSDC1,493.90.0100get 0.0050% / 4h19m 56s$572K$9.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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: −0.085% → −0.024%
−$6.1
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$15.1
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; edgeX: live order book, 4 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 Variational Omni RFQ quote, 4 min ago2.78 bpdoesn't fit5.2 bp −$5216.3 bp −$1,632doesn't fit
Sell edgeX live order book, 4 min ago0.40 bp4.9 bp −$57.9 bp −$79doesn'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−0.3442%1h1,479.6−1.044%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,495.1−0.003%$61K$303K10xas long as short
BloFin ZEC-USDT−0.0143%8h1,495.8+0.043%$31.1M$75.5M75xas long as short
Aftermath Perps ZECUSD−0.0106%1h1,494.8−0.024%$48K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,494.7−0.030%$6K$1K10xas long as short
Bulk ZEC-USD−0.0053%1h1,491.1−0.270%$858K$48K10xas long as short
dYdX ZEC-USD0.0000%1h1,496.4+0.078%$416K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,496.9+0.117%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,499.8+0.310%$5.3M150xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0011%1h1,497.2+0.132%$684K$1.4M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZECUSD+0.0012%1h1,497+0.122%$18.0M$47.0M25xas long as short
Ondo Perps ZEC-USD.P+0.0041%1h1,493.6−0.106%$408K$554K5xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,496.4+0.079%$301K$864K20xas long as short
01 Exchange ZECUSD+0.0088%1h1,497.2+0.134%$8K$6K5xas long as short
Phoenix ZEC+0.0096%1h1,496+0.055%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,496.8+0.106%$182K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,496.7+0.101%$17K$881K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,496.7+0.102%$62K$20K10xas long as short
Nado ZEC-PERP+0.0100%1h1,496.9+0.112%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,501.2+0.402%$784.3M$439.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,500.1+0.325%$14.0M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,496.2+0.070%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,500.7+0.366%$703.0M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,500.5+0.358%$269.7M$617.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,500.9+0.380%$184.1M$1.34B50xas long as short
Gate ZEC_USDT+0.0100%8h1,500.1+0.327%$56.7M$185.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,500.4+0.348%$240.2M$802.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,496.6+0.097%$102.8M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,501+0.390%$162.3M$289.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,500.5+0.352%$117.3Mas long as short
Variational Omni ZEClong+0.0100%8h1,495.2long leg$48.9M$34.4M
edgeX ZECUSDCshort+0.0100%4h1,493.9−0.085%$572K$9.0M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,492.1−0.205%$3.1M$514K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,494.6−0.040%$411K$946K50xas long as short
StandX ZEC-USD+0.0100%1h1,496+0.053%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,496.5+0.088%$358K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,496.5+0.088%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,493.5−0.113%$456K$469K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,498.7+0.236%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,496.8+0.109%$253K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,495.4+0.014%$2.6M$20.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,496.8+0.105%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,500.8+0.374%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,496.6+0.092%$43K$151K20xas long as short
Lighter RH ZEC+0.0120%1h1,501.1+0.398%$2.1M$7.4M10xas long as short
RISEx ZEC/USDC+0.0128%1h1,496.9+0.117%$942K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0145% / S −0.0142%1h1,499.6+0.296%$333K100xas long as short
Lighter ZEC+0.0216%1h1,498.3+0.211%$19.8M$45.6M20xas long as short
Arcus ZEC-USD+0.0403%1h1,497.5+0.156%$616K$8.7M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,496.6+0.095%$3.7M$9.8M50xas long as short
Backpack ZEC_USDC_PERP+0.0537%1h1,500.7+0.368%$2.3M$3.8M15xas long as short