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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.017%
Price spread now: RISEx against Aevo+0.101%76s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.462% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.201%+$20 on $10k
Price spread, last 4 days (all we have)−0.254%−$25 · spread now +0.101%, 7d avg +0.029%
Together, before fees−0.053%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and RISEx is 0.072% dearer against Aevo than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.029%. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,4770.0104pay 0.0013% / 1h28m 48s$42K$152K20x
ShortRISEx ZEC/USDC1,478.50.0129get 0.0016% / 1h28m 48s$925K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$5.34
Price spread: +0.101% → +0.029%
$7.19
Slippage, 4 orders
−$24.21
Fee Aevo: 8 bp × 2 orders
−$16
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$33.68
Costs to cover
0.462%
Break-even
51.2 days
Slippage from Aevo: live order book, 15 min ago; RISEx: 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, 15 min ago8.31 bp19.4 bp −$1930.4 bp −$30451.9 bp −$5,195doesn't fit
Sell RISEx live order book, 5 min ago1.39 bp4.4 bp −$48.9 bp −$89doesn'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−0.3684%1h1,462−1.011%$36K$275K12xas long as short
Bulk ZEC-USD−0.0166%1h1,477.1+0.009%$892K$9K10xas long as short
BloFin ZEC-USDT−0.0123%8h1,477+0.005%$30.5M$73.8M75xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,477.3+0.021%$17.9M$47.2M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,478.4+0.095%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,477.7+0.049%$411K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,478.3+0.092%$1.5M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,475.8−0.077%$63K$303K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,478+0.072%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0077%8h1,477+0.001%$297K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,477.6+0.041%$164K$1.8M50xas long as short
Aftermath Perps ZECUSD+0.0097%1h1,477.6+0.044%$47K$64K10xas long as short
Katana Perps ZEC-USD+0.0098%8h1,477.1+0.012%$10K$869K10xas long as short
Nado ZEC-PERP+0.0100%1h1,477.8+0.054%$2.7M$7.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,475.3−0.116%$13.8M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,478.1+0.073%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,475.4−0.109%$686.8M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,474.8−0.146%$263.2M$633.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,475.3−0.110%$178.9M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,475.2−0.120%$403K$508K5xas long as short
Gate ZEC_USDT+0.0100%8h1,476.4−0.040%$54.2M$182.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,476.3−0.045%$241.1M$784.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,476.9−0.007%$101.0M$57.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,476−0.065%$158.8M$288.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,476.8−0.013%$115.2Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,477.7+0.046%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,477.6+0.044%$48.1M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,477.2+0.013%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,478.3+0.093%$3.0M$498K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,476.9−0.006%$406K$935K50xas long as short
StandX ZEC-USD+0.0100%1h1,479.1+0.144%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,477.4+0.029%$357K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,477.3+0.024%$162K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.4−0.242%$450K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,479.7+0.182%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,477.1+0.007%$251K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,476.3−0.045%$2.6M$19.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,477.8+0.054%$3.9M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,477.7+0.049%$61K$43K10xas long as short
Extended ZEC-USD+0.0104%1h1,476.2−0.050%$2.7M$8.0M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,477long leg$42K$152K20x
Deribit ZEC_USDC-PERPETUAL+0.0127%1h1,477.7+0.052%$675K$1.4M25xas long as short
RISEx ZEC/USDCshort+0.0129%1h1,478.5+0.101%$925K$1.1M10x
Phoenix ZEC+0.0134%1h1,478.9+0.129%$4.7M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0143% / S −0.0148%1h1,478.1+0.077%$479K100xas long as short
01 Exchange ZECUSD+0.0144%1h1,477.8+0.057%$8K$7K5xas long as short
Arcus ZEC-USD+0.0221%1h1,479.4+0.165%$633K$8.6M10xas long as short
Lighter RH ZEC+0.0248%1h1,476.8−0.011%$2.1M$7.4M10xas long as short
Hyperliquid ZEC+0.0250%1h1,477.3+0.023%$766.6M$442.3M10xas long as short
Lighter ZEC+0.0304%1h1,477+0.005%$19.4M$45.8M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,479.6+0.179%$3.6M$9.9M50xas long as short