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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0579%/8h= −63.4% APRpaid last 24h −0.155%
Price spread now: Binance against Aftermath Perps−0.165%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Binance is 0.165% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps ZECUSD1,456.10.0679pay 0.0085% / 1h51m 45s$45K$49K10x
ShortBinance ZECUSDT1,453.70.0100get 0.0100% / 8h3h 51m$667.6M$2.20B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aftermath Perps. 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
−$121.54
Price spread: −0.165% → 0.000%
−$16.47
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$157.01
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Binance: live order book, 7 min ago. 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 Aftermath Perps no order-book sample
Sell Binance live order book, 7 min ago0.03 bp5.0 bp −$57.2 bp −$7215.3 bp −$1,534doesn't fit
Aftermath Perps: 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−0.3042%1h1,455.8−0.020%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,457.3+0.083%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,457.2+0.075%$29.6M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,454.3−0.123%$410K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,456.10.000%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,454.9−0.080%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,454.5−0.110%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,454.4−0.115%$291K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0072% / S −0.0024%1h1,454.4−0.116%$409K100xas long as short
Popdex ZECUSDT+0.0096%1h1,455.2−0.060%$173K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,455.4−0.047%$10K$858K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,453.9−0.151%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456.1−0.003%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,453.9−0.148%$14.7M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,453.7−0.163%$1.7M$2.4M10xas long as short
Binance ZECUSDTshort+0.0100%8h1,453.7−0.165%$667.6M$2.20B75x
Bybit ZECUSDT+0.0100%8h1,453−0.212%$260.9M$600.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,453.7−0.164%$177.9M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,454.1−0.137%$395K$441K5xas long as short
Bulk ZEC-USD+0.0100%1h1,454−0.143%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,453.5−0.181%$50.5M$170.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,453.8−0.161%$214.5M$765.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,454.4−0.117%$102.6M$53.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,453.9−0.149%$165.3M$270.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,453.9−0.149%$105.7Mas long as short
Variational Omni ZEC+0.0100%8h1,454−0.143%$47.7M$32.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,454.5−0.112%$566K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,455.1−0.068%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,455.5−0.042%$404K$942K50xas long as short
StandX ZEC-USD+0.0100%1h1,456−0.008%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.7−0.096%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,454.5−0.107%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,453.3−0.189%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,457.1+0.065%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,454.6−0.106%$233K$3.3M10xas long as short
HTX ZEC-USDT+0.0100%8h1,453.8−0.160%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,455.2−0.062%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,453.7−0.167%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,454.6−0.104%$47K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,455.6−0.036%$8K$7K5xas long as short
Phoenix ZEC+0.0116%1h1,457.7+0.108%$4.6M$1.3M10xas long as short
Lighter RH ZEC+0.0136%1h1,454.6−0.102%$2.1M$7.0M10xas long as short
Hyperliquid ZEC+0.0138%1h1,454.7−0.096%$756.7M$428.5M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0154%1h1,455.1−0.069%$614K$1.3M25xas long as short
Lighter ZEC+0.0176%1h1,454.6−0.101%$19.2M$44.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0202%1h1,455.2−0.063%$2.4M$3.9M15xas long as short
RISEx ZEC/USDC+0.0216%1h1,455.5−0.043%$921K$1.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,454.6−0.105%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,457.5+0.099%$683K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,457.2+0.076%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSDlong+0.0679%1h1,456.1long leg$45K$49K10x