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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.001%
Price spread now: edgeX against Aevo−0.191%72s7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.429% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.135%+$13 on $10k
Price spread, last 3 days (all we have)−0.383%−$38 · spread now −0.191%, 7d avg −0.054%
Together, before fees−0.249%+ Points / potential airdropedgeX: Active · farm board−$25 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 0.137% cheaper against Aevo than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.054%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,461.70.0104pay 0.0013% / 1h4m 08s$36K$362K20x
ShortedgeX ZECUSDC1,458.90.0100get 0.0050% / 4h2h 04m$508K$9.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.191% → −0.054%
−$13.74
Slippage, 4 orders
−$17.92
Fee Aevo: 8 bp × 2 orders
−$16
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$57.5
Costs to cover
0.429%
Break-even
never at this rate
Slippage from Aevo: live order book, 20 min ago; edgeX: 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, 20 min ago3.99 bp14.2 bp −$1426.6 bp −$26645.3 bp −$4,534doesn't fit
Sell edgeX live order book, 5 min ago0.44 bp5.1 bp −$58.3 bp −$83doesn'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−0.3476%1h1,446.2−1.061%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0091%8h1,460−0.111%$28.9M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,461.6−0.001%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,461.6−0.004%$17.7M$44.7M25xas long as short
Bybit ZECUSDT−0.0033%8h1,461.7+0.002%$269.5M$678.5M75xas long as short
Variational Omni ZEC−0.0014%8h1,458.9−0.189%$45.7M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,460.9−0.054%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,462+0.022%$935K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,461.3−0.023%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,462.4+0.052%$595K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,462+0.024%$5.2M150xas long as short
Ondo Perps ZEC-USD.P+0.0011%1h1,457.9−0.257%$396K$515K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0014% / S +0.0075%1h1,461.9+0.018%$559K100xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,461.7+0.004%$293K$1.5M20xas long as short
01 Exchange ZECUSD+0.0040%1h1,462+0.022%$8K$8K5xas long as short
Gate ZEC_USDT+0.0056%8h1,461.9+0.017%$50.0M$191.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0057%8h1,462.3+0.046%$174.9M$1.37B50xas long as short
Katana Perps ZEC-USD+0.0095%8h1,461.9+0.014%$13K$862K10xas long as short
Lighter ZEC+0.0096%1h1,463.3+0.112%$18.9M$54.8M20xas long as short
Popdex ZECUSDT+0.0096%1h1,461.5−0.008%$174K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,461.6−0.004%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.2+0.038%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462.9+0.085%$758.4M$495.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,461.9+0.014%$15.4M$33.8M75xas long as short
Pacifica ZEC+0.0100%1h1,462.1+0.033%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,462+0.022%$668.6M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,461.8+0.011%$222.2M$900.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,461.70.000%$103.2M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,461.9+0.016%$161.7M$312.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,460.7−0.063%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,462.6+0.063%$2.3M$4.1M15xas long as short
edgeX ZECUSDCshort+0.0100%4h1,458.9−0.191%$508K$9.5M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,459.2−0.167%$3.0M$492K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,460.1−0.104%$429K$815K50xas long as short
StandX ZEC-USD+0.0100%1h1,461.70.000%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,461.6−0.004%$343K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,461.5−0.009%$128K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,460.3−0.089%$446K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,463.7+0.138%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,461.7+0.006%$222K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,461.3−0.022%$2.4M$24.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,461.6−0.007%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,456.7−0.339%$897K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,462+0.025%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,462.2+0.039%$3.2M$7.0M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,461.7long leg$36K$362K20x
RISEx ZEC/USDC+0.0219%1h1,462.3+0.042%$844K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,464+0.162%$3.7M$11.7M50xas long as short
Aftermath Perps ZECUSD+0.0493%1h1,460.8−0.061%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,462.5+0.055%$742K$8.0M10xas long as short
Lighter RH ZEC+0.0560%1h1,463.8+0.149%$2.0M$8.5M10xas long as short