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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0492%/8h= −53.8% APRnext payment $0.61 per $10,000 · paid last 24h −0.209%
Price spread now: Kraken Futures against Aftermath Perps−0.427%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 −$15 a day on $10k at the current rate, and Kraken Futures is 0.427% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$43 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 ZECUSD1,455.80.0688pay 0.0086% / 1h6m 56s$45K$49K10x
ShortKraken Futures PF_ZECUSD1,449.60.0197get 0.0025% / 1h6m 56s$18.0M$44.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$103.22
Price spread: −0.427% → 0.000%
−$42.74
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$164.96
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago2.75 bp11.1 bp −$1115.3 bp −$15322.7 bp −$2,270105.3 bp −$52.6K
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−0.3244%1h1,453.8−0.139%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,452.6−0.221%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0078%8h1,450.1−0.393%$29.2M$70.4M75xas long as short
dYdX ZEC-USD0.0000%1h1,452.5−0.226%$409K$42K5xas long as short
Kalshi KXZECPERP0.0000%8h1,450.8−0.341%$1.4M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,452.4−0.235%$83K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452.1−0.253%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0053%8h1,452−0.261%$291K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0012%1h1,451.8−0.270%$408K100xas long as short
Phoenix ZEC+0.0074%1h1,455−0.055%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,452.4−0.233%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,452.6−0.218%$12K$868K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,452.9−0.199%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,452.1−0.254%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,451.2−0.317%$754.2M$433.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,450−0.395%$14.4M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,452.8−0.207%$1.6M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,450.3−0.380%$664.0M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,449.8−0.408%$262.3M$606.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,450.4−0.367%$177.6M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.3−0.033%$396K$432K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5+0.115%$883K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,450−0.400%$49.8M$175.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,450.5−0.364%$219.2M$782.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,450−0.397%$101.6M$55.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,450.3−0.373%$161.2M$273.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,449.3−0.448%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,456.4+0.042%$47.6M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,453.5−0.153%$566K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,453.8−0.133%$3.0M$432K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,453.1−0.187%$409K$911K50xas long as short
StandX ZEC-USD+0.0100%1h1,452.3−0.241%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451.7−0.280%$367K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,452.2−0.248%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451−0.325%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,455.7−0.007%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,450.2−0.382%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,450.8−0.341%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,450.1−0.389%$3.8M$5.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,450.7−0.349%$2.4M$3.8M15xas long as short
Extended ZEC-USD+0.0104%1h1,449.9−0.402%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,449.2−0.450%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0136%1h1,453.2−0.176%$8K$7K5xas long as short
Kraken Futures PF_ZECUSDshort+0.0197%1h1,449.6−0.427%$18.0M$44.7M25x
Lighter ZEC+0.0232%1h1,451.4−0.298%$19.0M$46.8M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0255%1h1,449.9−0.403%$608K$1.3M25xas long as short
Arcus ZEC-USD+0.0277%1h1,454.5−0.091%$720K$8.5M10xas long as short
Lighter RH ZEC+0.0352%1h1,451.7−0.279%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,453.4−0.161%$831K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,451.3−0.310%$3.7M$9.0M50xas long as short
Aftermath Perps ZECUSDlong+0.0688%1h1,455.8long leg$45K$49K10x