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−0.0676%/8h= −74.0% APRpaid last 24h −0.168%
Price spread now: Bybit against Aftermath Perps−0.159%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 −$20 a day on $10k at the current rate, and Bybit is 0.159% 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 ZECUSD1,472.90.0776pay 0.0097% / 1h58m 25s$46K$46K10x
ShortBybit ZECUSDT1,470.60.0100get 0.0100% / 8h7h 58m$274.7M$648.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$141.9
Price spread: −0.159% → 0.000%
−$15.89
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$177.79
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Bybit: live order book, 11 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 Bybit live order book, 11 min ago0.03 bp7.7 bp −$88.9 bp −$8916.7 bp −$1,674doesn'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−0.3321%1h1,472.6−0.025%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,470−0.197%$17.9M$43.8M25xas long as short
BloFin ZEC-USDT−0.0101%8h1,469.8−0.215%$29.6M$74.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,471.3−0.110%$6K$2K10xas long as short
Variational Omni ZEC−0.0063%8h1,469.3−0.247%$47.6M$34.4Mas long as short
dYdX ZEC-USD0.0000%1h1,470.4−0.174%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.1−0.122%$957K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,471−0.132%$84K$405K10xas long as short
Ondo Perps ZEC-USD.P+0.0002%1h1,470−0.199%$399K$520K5xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.8−0.078%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0016%8h1,469.7−0.221%$294K$1.4M20xas long as short
01 Exchange ZECUSD+0.0016%1h1,471.9−0.069%$8K$8K5xas long as short
Phoenix ZEC+0.0024%1h1,471.4−0.105%$4.7M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0028%1h1,470.5−0.166%$431K$845K50xas long as short
SoDEX ZEC-USD+0.0028%1h1,469.7−0.217%$242K$4.4M10xas long as short
OKX ZEC-USDT-SWAP+0.0039%8h1,470.8−0.147%$181.8M$1.34B50xas long as short
Gate ZEC_USDT+0.0049%8h1,471.3−0.110%$51.1M$177.4M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,471.7−0.086%$372K100xas long as short
Lighter ZEC+0.0096%1h1,472.7−0.015%$19.2M$50.2M20xas long as short
Popdex ZECUSDT+0.0096%1h1,471.1−0.123%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,472.3−0.044%$12K$844K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.2−0.117%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,471.4−0.104%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.5−0.029%$763.4M$473.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.2−0.121%$15.0M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,471.6−0.089%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.5−0.096%$683.6M$2.45B75xas long as short
Bybit ZECUSDTshort+0.0100%8h1,470.6−0.159%$274.7M$648.3M75x
Arcus ZEC-USD+0.0100%1h1,472.6−0.020%$701K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,470.8−0.148%$895K$33K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.5−0.098%$229.2M$818.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471−0.131%$104.5M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.3−0.113%$163.7M$300.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,470.6−0.158%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.1−0.194%$549K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.6−0.157%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,470.8−0.146%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471−0.131%$333K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.2−0.116%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.3−0.316%$458K$508K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,471.7−0.086%$3K$1.2M20xas long as short
HTX ZEC-USDT+0.0100%8h1,469−0.267%$2.5M$22.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.3−0.177%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,471.7−0.085%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,470.2−0.183%$37K$191K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0115%1h1,470.8−0.142%$613K$1.3M25xas long as short
RISEx ZEC/USDC+0.0228%1h1,472.3−0.045%$839K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0440%1h1,470.6−0.156%$2.5M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,472.9−0.005%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0552%1h1,473.3+0.023%$2.0M$7.9M10xas long as short
Aftermath Perps ZECUSDlong+0.0776%1h1,472.9long leg$46K$46K10x