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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0121%/8h= +13.2% APRpaid last 24h +0.025%
Price spread now: Pacifica against Variational Omni+0.086%7-day average +0.025% · you sell dearer than you buy
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 3 days (all we have)+0.025%+$2 on $10k
Price spread, last 7 days−0.064%−$6 · spread now +0.086%, 7d avg +0.025%
Together, before fees−0.040%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Pacifica is 0.061% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEC1,466.4−0.0021get 0.0021% / 8h7h 10m$47.6M$33.6M
ShortPacifica ZEC1,467.60.0100get 0.0013% / 1h10m 03s$1.7M$2.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$25.35
Price spread: +0.086% → +0.025%
$6.1
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$23.46
Costs to cover
0.080%
Break-even
0.5 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Pacifica: 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 ago2.76 bpdoesn't fit5.3 bp −$5312.6 bp −$1,264doesn't fit
Sell Pacifica live order book, 4 min ago2.01 bp7.1 bp −$7doesn't fitdoesn'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−0.3321%1h1,467.7+0.088%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,467.1+0.053%$17.9M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0118%1h1,466.6+0.016%$398K$517K5xas long as short
BloFin ZEC-USDT−0.0116%8h1,467.7+0.088%$29.7M$72.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.5+0.078%$6K$2K10xas long as short
Variational Omni ZEClong−0.0021%8h1,466.4long leg$47.6M$33.6M
dYdX ZEC-USD0.0000%1h1,466.4+0.003%$413K$103K5xas long as short
01 Exchange ZECUSD0.0000%1h1,467.5+0.077%$8K$9K5xas long as short
Kalshi KXZECPERP0.0000%8h1,469.4+0.208%$960K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,466.5+0.007%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.3+0.064%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0020%8h1,467+0.044%$293K$1.1M20xas long as short
Phoenix ZEC+0.0054%1h1,469.7+0.228%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,467.1+0.052%$377K100xas long as short
OKX ZEC-USDT-SWAP+0.0064%8h1,467.5+0.076%$181.3M$1.29B50xas long as short
Popdex ZECUSDT+0.0096%1h1,467.2+0.058%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,467+0.041%$12K$847K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,467.3+0.062%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.5+0.075%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.1+0.118%$762.6M$454.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,467.1+0.049%$14.9M$31.4M75xas long as short
Pacifica ZECshort+0.0100%1h1,467.6+0.086%$1.7M$2.8M10x
Binance ZECUSDT+0.0100%8h1,467.2+0.056%$681.9M$2.36B75xas long as short
Bybit ZECUSDT+0.0100%8h1,466.8+0.032%$272.8M$628.9M75xas long as short
Arcus ZEC-USD+0.0100%1h1,468.9+0.170%$699K$8.6M10xas long as short
Bulk ZEC-USD+0.0100%1h1,465.9−0.033%$892K$22K10xas long as short
Gate ZEC_USDT+0.0100%8h1,467.4+0.071%$50.3M$181.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.1+0.052%$226.7M$829.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.4+0.069%$104.0M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.6+0.083%$163.2M$290.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,468+0.109%$100.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,466.3−0.003%$570K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.2+0.060%$3.0M$447K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,466.1−0.021%$426K$881K50xas long as short
StandX ZEC-USD+0.0100%1h1,466.5+0.009%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,467.1+0.050%$339K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.2+0.055%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.6−0.051%$457K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.5+0.215%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.1+0.051%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467.2+0.057%$2.5M$19.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.5+0.080%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,467.1+0.053%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.2+0.060%$54K$164K20xas long as short
RISEx ZEC/USDC+0.0228%1h1,467.9+0.107%$852K$1.0M10xas long as short
Lighter ZEC+0.0240%1h1,468.7+0.161%$19.1M$50.6M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0273%1h1,468+0.109%$604K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,469.3+0.198%$3.7M$9.6M50xas long as short
Backpack ZEC_USDC_PERP+0.0506%1h1,467.9+0.107%$2.5M$3.9M15xas long as short
Lighter RH ZEC+0.0712%1h1,469.1+0.188%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0759%1h1,468+0.115%$43K$46K10xas long as short