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−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.042%
Price spread now: Hyperliquid against Aevo+0.096%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$410.407% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.189%+$19 on $10k
Price spread, last 3 days (all we have)−0.385%−$39 · spread now +0.096%, 7d avg +0.015%
Together, before fees−0.197%+ Points / potential airdropHyperliquid: Season 2 · farm board−$20 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: Hyperliquid is 0.081% dearer against Aevo than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,466.10.0104pay 0.0013% / 1h11m 45s$54K$164K20x
ShortHyperliquid ZEC1,467.50.0100get 0.0013% / 1h11m 45s$762.0M$454.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.096% → +0.015%
$8.14
Slippage, 4 orders
−$15.71
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$33.41
Costs to cover
0.407%
Break-even
never at this rate
Slippage from Aevo: live order book, 62 min ago; Hyperliquid: live order book, 12 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, 62 min ago2.68 bp13.5 bp −$1324.6 bp −$24638.5 bp −$3,848doesn't fit
Sell Hyperliquid live order book, 12 min ago0.34 bp4.8 bp −$55.7 bp −$5711.1 bp −$1,113doesn'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%1h1,469.7+0.244%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0344%1h1,466.3+0.013%$17.9M$43.1M25xas long as short
Ondo Perps ZEC-USD.P−0.0119%1h1,466.6+0.035%$398K$517K5xas long as short
BloFin ZEC-USDT−0.0114%8h1,467+0.061%$29.7M$72.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,468.4+0.159%$6K$2K10xas long as short
Variational Omni ZEC−0.0030%8h1,464.9−0.079%$47.5M$33.8Mas long as short
dYdX ZEC-USD0.0000%1h1,466.4+0.021%$413K$103K5xas long as short
01 Exchange ZECUSD0.0000%1h1,466.2+0.005%$8K$9K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.1+0.138%$959K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,467.2+0.074%$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%1h1,466.4+0.018%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0019%8h1,466−0.006%$293K$1.1M20xas long as short
Phoenix ZEC+0.0054%1h1,469.7+0.246%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,466.3+0.014%$377K100xas long as short
OKX ZEC-USDT-SWAP+0.0062%8h1,466.4+0.018%$181.2M$1.29B50xas long as short
Popdex ZECUSDT+0.0096%1h1,466.9+0.052%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,466.4+0.018%$15K$845K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.6+0.032%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467+0.063%$2.6M$6.6M10xas long as short
Hyperliquid ZECshort+0.0100%1h1,467.5+0.096%$762.0M$454.5M10x
Aster ZECUSDT+0.0100%8h1,466.4+0.019%$14.9M$31.4M75xas long as short
Pacifica ZEC+0.0100%1h1,466.8+0.051%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,466.4+0.024%$681.6M$2.37B75xas long as short
Bybit ZECUSDT+0.0100%8h1,466.2+0.005%$272.8M$630.1M75xas long as short
Arcus ZEC-USD+0.0100%1h1,469.1+0.207%$700K$8.6M10xas long as short
Bulk ZEC-USD+0.0100%1h1,465.9−0.015%$892K$22K10xas long as short
Gate ZEC_USDT+0.0100%8h1,466.3+0.012%$50.2M$181.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,466.5+0.028%$226.5M$829.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466.3+0.013%$103.9M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.4+0.020%$163.1M$291.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,466.3+0.016%$100.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,466.3+0.016%$570K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468.1+0.136%$3.0M$447K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,466.1−0.002%$426K$881K50xas long as short
StandX ZEC-USD+0.0100%1h1,467+0.058%$80K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,466.5+0.028%$339K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.4+0.019%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,464.4−0.113%$456K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.1+0.206%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.4+0.018%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467.3+0.079%$2.5M$19.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,466.9+0.052%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,466.4+0.019%$3.2M$7.0M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,466.1long leg$54K$164K20x
RISEx ZEC/USDC+0.0228%1h1,467.4+0.091%$852K$1.0M10xas long as short
Lighter ZEC+0.0240%1h1,467.9+0.121%$19.1M$50.5M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0295%1h1,467.1+0.067%$603K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,468.5+0.167%$3.7M$9.6M50xas long as short
Backpack ZEC_USDC_PERP+0.0511%1h1,467.1+0.067%$2.5M$3.9M15xas long as short
Lighter RH ZEC+0.0736%1h1,468.5+0.166%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0763%1h1,467.3+0.084%$43K$46K10xas long as short