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+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h −0.014%
Price spread now: Deribit against Aevo+0.076%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$520.515% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.076%, 7d avg +0.064%
Together, before fees−0.026%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,468.20.0104pay 0.0013% / 1h34m 42s$58K$183K20x
ShortDeribit ZEC_USDC-PERPETUAL1,469.30.0111get 0.0014% / 1h34m 42s$604K$1.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$1.51
Price spread: +0.076% → +0.064%
$1.19
Slippage, 4 orders
−$28.53
Fee Aevo: 8 bp × 2 orders
−$16
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$48.82
Costs to cover
0.515%
Break-even
233.7 days
Slippage from Aevo: live order book, 39 min ago; Deribit: live order book, 4 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, 39 min ago2.68 bp13.5 bp −$1324.6 bp −$24638.5 bp −$3,848doesn't fit
Sell Deribit live order book, 4 min ago5.03 bp10.5 bp −$1016.1 bp −$161doesn'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%1h1,470.8+0.174%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,468.7+0.033%$17.8M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0150%1h1,468−0.014%$399K$518K5xas long as short
BloFin ZEC-USDT−0.0102%8h1,468.9+0.045%$29.7M$73.2M75xas long as short
Bybit ZECUSDT−0.0099%8h1,468.7+0.035%$273.8M$637.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.4+0.078%$6K$2K10xas long as short
Variational Omni ZEC−0.0056%8h1,468.2−0.002%$47.6M$34.2Mas long as short
dYdX ZEC-USD0.0000%1h1,468.6+0.024%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.9+0.050%$957K$5.3M2.2xas long as short
Perpl ZEC0.0000%43m1,468.7+0.036%$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%1h1,468.7+0.033%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,468.6+0.025%$293K$1.4M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,469.3+0.075%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0045%8h1,469+0.054%$181.7M$1.30B50xas long as short
Phoenix ZEC+0.0054%1h1,470.9+0.180%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,468.6+0.028%$377K100xas long as short
Popdex ZECUSDT+0.0096%1h1,468.5+0.016%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,469.2+0.069%$14K$832K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,469.2+0.069%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,468.9+0.048%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.5+0.088%$762.1M$454.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.1−0.007%$14.9M$31.9M75xas long as short
Pacifica ZEC+0.0100%1h1,469.3+0.074%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.2+0.065%$683.6M$2.39B75xas long as short
Arcus ZEC-USD+0.0100%1h1,470.5+0.158%$701K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471+0.189%$895K$25K10xas long as short
Gate ZEC_USDT+0.0100%8h1,469.2+0.064%$51.2M$179.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,469.2+0.065%$231.3M$824.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.2+0.065%$104.8M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,469.2+0.067%$163.4M$293.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,468.4+0.012%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.6+0.162%$572K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,471.5+0.226%$3.0M$466K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470+0.119%$430K$860K50xas long as short
StandX ZEC-USD+0.0100%1h1,470.1+0.125%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.1−0.007%$332K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,468.5+0.022%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.8−0.097%$457K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,470.9+0.184%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,468.5+0.021%$242K$4.0M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468−0.012%$2.5M$21.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,469.4+0.078%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,469.1+0.064%$3.2M$7.0M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,468.2long leg$58K$183K20x
Deribit ZEC_USDC-PERPETUALshort+0.0111%1h1,469.3+0.076%$604K$1.3M25x
Lighter ZEC+0.0184%1h1,470.5+0.157%$19.2M$50.4M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,469.8+0.110%$850K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,469.8+0.105%$3.8M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0528%1h1,469.1+0.059%$2.5M$3.8M15xas long as short
Aftermath Perps ZECUSD+0.0766%1h1,471+0.191%$44K$47K10xas long as short
Lighter RH ZEC+0.0776%1h1,470.8+0.179%$2.0M$8.1M10xas long as short