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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0184%/8h= −20.1% APRnext payment $0.23 per $10,000 · paid last 24h −0.053%
Price spread now: Hotstuff against Aevo−0.220%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Hotstuff is 0.220% cheaper against Aevo than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,456.70.0104pay 0.0013% / 1h31m 26s$47K$156K20x
ShortHotstuff ZEC-PERP1,453.5−0.0080pay 0.0010% / 1h31m 26s$6K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$38.64
Price spread: −0.220% → 0.000%
−$21.96
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$81.6
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 32 min ago; Hotstuff: no order-book sample. 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 Aevo live order book, 32 min ago5.48 bp14.8 bp −$1523.1 bp −$23141.0 bp −$4,096doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3244%1h1,453.2−0.236%$33K$272K12xas long as short
BloFin ZEC-USDT−0.0082%8h1,453.8−0.195%$29.5M$70.8M75xas long as short
Hotstuff ZEC-PERPshort−0.0080%1h1,453.5−0.220%$6K$1K10x
dYdX ZEC-USD0.0000%1h1,452.7−0.271%$409K$44K5xas long as short
Kalshi KXZECPERP0.0000%8h1,452.3−0.299%$1.4M$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,454.3−0.163%$83K$248K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,454.9−0.124%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0043%8h1,456.9+0.013%$291K$979K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,454.7−0.136%$408K100xas long as short
Phoenix ZEC+0.0074%1h1,453.2−0.236%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,454.2−0.167%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,453.2−0.235%$14K$853K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,454.2−0.168%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,453.3−0.231%$2.5M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,455.2−0.097%$756.2M$434.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,454.3−0.163%$14.4M$28.4M75xas long as short
Pacifica ZEC+0.0100%1h1,453.9−0.191%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,455−0.113%$666.4M$2.26B75xas long as short
Bybit ZECUSDT+0.0100%8h1,456.8+0.007%$266.6M$611.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,457.3+0.047%$179.2M$1.24B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,452.4−0.292%$396K$432K5xas long as short
Bulk ZEC-USD+0.0100%1h1,451.2−0.373%$879K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,455.5−0.082%$49.6M$173.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,455.2−0.101%$216.3M$775.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,454.2−0.167%$102.2M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,454−0.183%$161.6M$277.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,454.9−0.124%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,453−0.251%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,448.7−0.546%$46.8M$32.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,453.2−0.240%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,453.1−0.247%$3.0M$419K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,452.9−0.257%$408K$905K50xas long as short
StandX ZEC-USD+0.0100%1h1,453.7−0.200%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,455.2−0.100%$325K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,454.9−0.123%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,450.8−0.401%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,454.9−0.124%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.9−0.257%$232K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,451.9−0.327%$2.6M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,452.9−0.256%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,453.9−0.192%$2.8M$7.7M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,456.7long leg$47K$156K20x
01 Exchange ZECUSD+0.0120%1h1,454.4−0.152%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,452.7−0.269%$17.9M$44.5M25xas long as short
Lighter ZEC+0.0200%1h1,454.9−0.121%$19.0M$46.4M20xas long as short
Arcus ZEC-USD+0.0277%1h1,455.8−0.061%$717K$8.5M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0289%1h1,452.9−0.256%$611K$1.3M25xas long as short
Lighter RH ZEC+0.0360%1h1,455.1−0.107%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,454.7−0.137%$830K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,453.1−0.247%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0703%1h1,454.2−0.169%$43K$46K10xas long as short