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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.011%
Price spread now: Bitget against Aevo−0.066%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$470.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.261%−$26 on $10k
Price spread, last 3 days (all we have)−0.403%−$40 · spread now −0.066%, 7d avg −0.012%
Together, before fees−0.664%−$66 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: Bitget is 0.054% cheaper against Aevo than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,462.90.0104pay 0.0013% / 1h30m 59s$36K$367K20x
ShortBitget ZECUSDT1,4620.0100get 0.0100% / 8h1h 30m$161.8M$306.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aevo. 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
−$0.84
Price spread: −0.066% → −0.012%
−$5.41
Slippage, 4 orders
−$18.61
Fee Aevo: 8 bp × 2 orders
−$16
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$52.86
Costs to cover
0.466%
Break-even
never at this rate
Slippage from Aevo: live order book, 53 min ago; Bitget: live order book, 3 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 Aevo live order book, 53 min ago3.99 bp14.2 bp −$1426.6 bp −$26645.3 bp −$4,534doesn't fit
Sell Bitget live order book, 3 min ago0.03 bp6.0 bp −$69.9 bp −$99doesn'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−0.3310%1h1,463.8+0.061%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,461.9−0.073%$17.8M$45.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0216%1h1,460.2−0.188%$397K$518K5xas long as short
BloFin ZEC-USDT−0.0094%8h1,461.9−0.069%$29.2M$75.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,463.4+0.034%$6K$2K10xas long as short
Bybit ZECUSDT−0.0053%8h1,461.5−0.099%$270.9M$673.5M75xas long as short
Variational Omni ZEC−0.0025%8h1,460.9−0.138%$46.5M$34.0Mas long as short
GMX ZEC/USD [WBTC.b-USDC]L −0.0017% / S +0.0093%1h1,463.3+0.023%$541K100xas long as short
dYdX ZEC-USD0.0000%1h1,464.1+0.081%$412K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,464.3+0.089%$884K$5.7M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,463.6+0.045%$83K$404K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,462.6−0.021%$595K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463.1+0.012%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0013%8h1,462−0.066%$292K$1.5M20xas long as short
ApeX Omni ZECUSDT+0.0029%1h1,462.7−0.017%$429K$821K50xas long as short
Bulk ZEC-USD+0.0030%1h1,466+0.210%$905K$27K10xas long as short
Gate ZEC_USDT+0.0047%8h1,461.9−0.075%$49.8M$185.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0048%8h1,462−0.063%$176.1M$1.35B50xas long as short
01 Exchange ZECUSD+0.0056%1h1,464.3+0.093%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,464+0.069%$4.6M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,463.8+0.055%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,464.1+0.077%$14K$862K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,463.1+0.012%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,463.7+0.049%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462.8−0.010%$758.3M$485.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,462.1−0.060%$15.6M$33.2M75xas long as short
Pacifica ZEC+0.0100%1h1,463.8+0.056%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,462.2−0.052%$673.8M$2.49B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,461.8−0.081%$221.8M$863.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,462−0.064%$103.5M$56.1M75xas long as short
Bitget ZECUSDTshort+0.0100%8h1,462−0.066%$161.8M$306.4M75x
BingX ZEC-USDT+0.0100%8h1,462.2−0.053%$103.1Mas long as short
edgeX ZECUSDC+0.0100%4h1,462.1−0.057%$510K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.6+0.045%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,463.9+0.065%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,463.5+0.038%$344K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.2+0.017%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,460.4−0.173%$446K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,464.1+0.077%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,461.9−0.072%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,461.2−0.122%$2.5M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,463.1+0.007%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,462−0.068%$3.2M$6.9M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,462.9long leg$36K$367K20x
Lighter ZEC+0.0112%1h1,463.9+0.066%$18.9M$52.6M20xas long as short
Backpack ZEC_USDC_PERP+0.0186%1h1,462.9−0.002%$2.3M$3.8M15xas long as short
RISEx ZEC/USDC+0.0190%1h1,464.1+0.078%$842K$1.4M10xas long as short
Lighter RH ZEC+0.0384%1h1,464.4+0.098%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,465.1+0.149%$3.7M$11.6M50xas long as short
Arcus ZEC-USD+0.0444%1h1,465.2+0.157%$738K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0553%1h1,464.6+0.112%$40K$34K10xas long as short