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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:38 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.029%
Price spread now: Perpl against Aevo+0.010%7-day average −0.063% · you sell dearer than you buy
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 7 days−0.085%−$8 on $10k
Price spread, last 3 days (all we have)−0.184%−$18 · spread now +0.010%, 7d avg −0.063%
Together, before fees−0.268%+ Points / potential airdropPerpl: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.073% dearer against Aevo than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.063%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.085% in total) that is about 6.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,474.70.0104pay 0.0013% / 1h21m 06s$48K$162K20x
ShortPerpl ZEC1,474.90get 0.0000% / 43m26m 06s$84K$254K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$21.84
Price spread: +0.010% → −0.063%
$7.28
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$44.36
Costs to cover
0.298%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 48 min ago; Perpl: 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, 48 min ago3.23 bp15.5 bp −$1626.3 bp −$26339.7 bp −$3,972doesn't fit
Sell Perpl no order-book sample
Perpl: 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 50 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−0.3678%1h1,459.6−1.030%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,475.2+0.034%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0010%1h1,471.4−0.226%$400K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,475.1+0.027%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,474.4−0.025%$415K$54K5xas long as short
Kalshi KXZECPERP0.0000%8h1,475.2+0.034%$975K$4.9M2.2xas long as short
Perpl ZECshort0.0000%43m1,474.9+0.010%$84K$254K10x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,474.70.000%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0029%8h1,474.9+0.012%$294K$1.0M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,474.8+0.001%$385K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEC+0.0055%8h1,474.3−0.032%$48.1M$32.6Mas long as short
Phoenix ZEC+0.0070%1h1,474.7−0.004%$4.7M$1.5M10xas long as short
01 Exchange ZECUSD+0.0072%1h1,475.1+0.027%$8K$8K5xas long as short
Popdex ZECUSDT+0.0096%1h1,475+0.015%$174K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0098%8h1,474.8+0.005%$181.8M$1.27B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,474.5−0.013%$14K$840K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,475.2+0.031%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.1−0.042%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,476+0.086%$768.6M$443.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,474.8+0.001%$14.8M$30.4M75xas long as short
Pacifica ZEC+0.0100%1h1,475.2+0.030%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,475.1+0.027%$682.4M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,475+0.015%$272.4M$616.9M75xas long as short
Bulk ZEC-USD+0.0100%1h1,476.6+0.125%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,474.8+0.004%$50.4M$176.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,475.1+0.025%$216.3M$800.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.7−0.002%$103.6M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,475.2+0.029%$163.9M$283.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,474.1−0.042%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,472.2−0.175%$573K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.6−0.080%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,473.3−0.099%$428K$898K50xas long as short
StandX ZEC-USD+0.0100%1h1,474.4−0.021%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,474.7−0.002%$347K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,474.9+0.011%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.4−0.090%$458K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.2+0.164%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,474.9+0.014%$243K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,474.4−0.026%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,475+0.019%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,474.70.000%$3.2M$7.1M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,474.7long leg$48K$162K20x
Arcus ZEC-USD+0.0254%1h1,476.2+0.099%$688K$8.6M10xas long as short
Lighter ZEC+0.0256%1h1,476.3+0.104%$19.3M$48.2M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0285%1h1,475.7+0.068%$614K$1.3M25xas long as short
Lighter RH ZEC+0.0288%1h1,476.8+0.137%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,475.8+0.069%$867K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,476.3+0.109%$3.6M$9.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0480%1h1,475.3+0.035%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0746%1h1,475.2+0.029%$44K$46K10xas long as short