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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0612%/8h= −67.1% APRpaid last 24h −0.172%
Price spread now: Orderly against Aftermath Perps−0.055%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 −$18 a day on $10k at the current rate, and Orderly is 0.055% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$5 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 ZECUSD1,449.80.0672pay 0.0084% / 1h42m 02s$44K$49K10x
ShortOrderly PERP_ZEC_USDC1,4490.0059get 0.0059% / 8h4h 42m$290K$958K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$128.62
Price spread: −0.055% → 0.000%
−$5.49
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$149.11
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Orderly: 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 Aftermath Perps no order-book sample
Sell Orderly no order-book sample
Aftermath Perps and Orderly: 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−0.3166%1h1,451.5+0.113%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,450.5+0.048%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0069%8h1,450.3+0.031%$29.2M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,449.9+0.002%$408K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,450+0.014%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,449−0.058%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,448.9−0.065%$5.1M150xas long as short
Orderly PERP_ZEC_USDCshort+0.0059%8h1,449−0.055%$290K$958K20x
GMX ZEC/USD [WBTC.b-USDC]L +0.0065% / S −0.0016%1h1,448.7−0.077%$407K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,449.4−0.031%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,449.3−0.034%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,449.1−0.049%$11K$875K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,450+0.011%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,450.1+0.022%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,450+0.012%$754.2M$434.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,449.4−0.031%$14.4M$27.7M75xas long as short
Pacifica ZEC+0.0100%1h1,450.9+0.072%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,449.5−0.024%$665.3M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,449.2−0.041%$260.7M$602.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,449.8−0.002%$176.8M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,448.7−0.078%$394K$444K5xas long as short
Bulk ZEC-USD+0.0100%1h1,450.7+0.060%$875K$29K10xas long as short
Gate ZEC_USDT+0.0100%8h1,449−0.060%$49.8M$173.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,448.8−0.071%$214.8M$769.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,449.3−0.036%$102.0M$54.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,449.1−0.049%$164.5M$274.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,450.4+0.040%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,449.2−0.041%$2.4M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,447.3−0.172%$47.4M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,447.5−0.162%$563K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,450.6+0.051%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,449.9+0.004%$403K$921K50xas long as short
StandX ZEC-USD+0.0100%1h1,450.9+0.074%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,449−0.057%$365K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,449.2−0.046%$159K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,447.9−0.134%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,452.1+0.155%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,449−0.056%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,447.8−0.141%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,449.1−0.048%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,448.7−0.075%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,448.8−0.072%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,451.4+0.108%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0231%1h1,449.6−0.019%$608K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0279%1h1,448.7−0.075%$17.9M$44.9M25xas long as short
Lighter ZEC+0.0320%1h1,450.3+0.033%$19.1M$45.9M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,449.5−0.025%$919K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,452.6+0.193%$3.8M$9.0M50xas long as short
Lighter RH ZEC+0.0464%1h1,450.7+0.058%$2.0M$6.9M10xas long as short
Arcus ZEC-USD+0.0626%1h1,449.3−0.038%$737K$8.3M10xas long as short
Aftermath Perps ZECUSDlong+0.0672%1h1,449.8long leg$44K$49K10x