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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.035%
Price spread now: Bybit against Aevo−0.052%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$620.624% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−0.397%−$40 · spread now −0.052%, 7d avg −0.017%
Together, before fees−0.390%−$39 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: Bybit is 0.035% cheaper against Aevo than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,464.70.0104pay 0.0013% / 1h53m 47s$47K$151K20x
ShortBybit ZECUSDT1,463.90.0100get 0.0100% / 8h2h 53m$261.5M$586.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.052% → −0.017%
−$3.45
Slippage, 4 orders
−$35.37
Fee Aevo: 8 bp × 2 orders
−$16
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$66.66
Costs to cover
0.624%
Break-even
never at this rate
Slippage from Aevo: live order book, 60 min ago; Bybit: live order book, 5 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, 60 min ago15.35 bp23.6 bp −$2423.7 bp −$237doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.03 bp6.5 bp −$78.8 bp −$8817.5 bp −$1,74732.5 bp −$16.3K

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−0.3243%1h1,467.4+0.187%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,466+0.092%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0072%8h1,465.8+0.079%$29.8M$70.7M75xas long as short
Ondo Perps ZEC-USD.P−0.0048%1h1,466.6+0.131%$398K$435K5xas long as short
dYdX ZEC-USD0.0000%1h1,465.4+0.049%$407K$37K5xas long as short
Perpl ZEC0.0000%43m1,464−0.043%$84K$239K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,465.3+0.042%$617K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,465+0.020%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,465.3+0.045%$8K$7K5xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,464.6−0.004%$293K$900K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0092% / S −0.0044%1h1,464.7−0.001%$437K100xas long as short
Lighter RH ZEC+0.0096%1h1,465.8+0.078%$2.1M$7.0M10xas long as short
Popdex ZECUSDT+0.0096%1h1,465.2+0.033%$173K$1.6M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,465.8+0.076%$13K$796K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,464.9+0.012%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,465.8+0.074%$2.8M$6.4M10xas long as short
Hyperliquid ZEC+0.0100%1h1,465.5+0.056%$763.2M$418.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,465.1+0.026%$14.5M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,465.4+0.048%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,464.4−0.016%$675.4M$2.17B75xas long as short
Bybit ZECUSDTshort+0.0100%8h1,463.9−0.052%$261.5M$586.0M75x
OKX ZEC-USDT-SWAP+0.0100%8h1,464.1−0.041%$178.7M$1.20B50xas long as short
Bulk ZEC-USD+0.0100%1h1,462.8−0.128%$884K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,464.7−0.001%$52.6M$169.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,465+0.019%$218.4M$757.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,464.7+0.002%$103.1M$52.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,464.7+0.004%$166.5M$267.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,464.70.000%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,466.7+0.136%$48.1M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,466.6+0.131%$572K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.3+0.182%$3.0M$453K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,467.3+0.181%$405K$922K50xas long as short
StandX ZEC-USD+0.0100%1h1,467+0.161%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,464.9+0.015%$358K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,464.5−0.013%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,463.9−0.056%$447K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,467.1+0.164%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,464.4−0.019%$234K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,465+0.022%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,464.9+0.016%$3.9M$4.8M50xas long as short
Kalshi KXZECPERP+0.0101%8h1,465.9+0.082%$1.5M$4.4M2.2xas long as short
Lighter ZEC+0.0104%1h1,465.6+0.065%$19.3M$43.8M20xas long as short
Extended ZEC-USD+0.0104%1h1,465.1+0.027%$2.8M$7.8M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,464.7long leg$47K$151K20x
Phoenix ZEC+0.0116%1h1,467.5+0.189%$4.7M$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0130%1h1,465+0.021%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0147%1h1,464.4−0.021%$18.0M$45.6M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,465.2+0.037%$926K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,466.6+0.130%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0508%1h1,466.6+0.129%$670K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0685%1h1,465.4+0.052%$45K$49K10xas long as short