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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0197%/8h= −21.6% APRnext payment $1.97 per $10,000 · paid last 24h −0.053%
Price spread now: BloFin against Aster−0.085%102s7-day average +0.031% · you buy dearer than you sell
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−$260.259% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.140%−$14 on $10k
Price spread, last 3 days (all we have)+0.432%+$43 · spread now −0.085%, 7d avg +0.031%
Together, before fees+0.291%+ Points / potential airdropAster: Stage 5 · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BloFin is 0.116% cheaper against Aster than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.031%). Swap the legs. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,467.70.0100pay 0.0100% / 8h1h 25m$15.6M$32.7M75x
ShortBloFin ZEC-USDT1,466.4−0.0097pay 0.0097% / 8h1h 25m$29.3M$75.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
−$41.44
Price spread: −0.085% → +0.031%
−$11.65
Slippage, 4 orders
−$5.88
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$78.98
Costs to cover
0.259%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; BloFin: live order book, 4 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 Aster live order book, 3 min ago0.03 bp7.0 bp −$710.1 bp −$10123.9 bp −$2,390doesn't fit
Sell BloFin live order book, 4 min ago0.79 bp7.1 bp −$78.0 bp −$80doesn'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−0.3310%1h1,463.6−0.277%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,467.8+0.008%$17.9M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0219%1h1,462−0.386%$397K$514K5xas long as short
BloFin ZEC-USDTshort−0.0097%8h1,466.4−0.085%$29.3M$75.5M75x
Hotstuff ZEC-PERP−0.0080%1h1,468.1+0.032%$6K$2K10xas long as short
Bulk ZEC-USD−0.0065%1h1,462.1−0.379%$902K$27K10xas long as short
Bybit ZECUSDT−0.0058%8h1,467.7+0.004%$272.2M$667.1M75xas long as short
Variational Omni ZEC−0.0026%8h1,463−0.321%$46.5M$33.7Mas long as short
dYdX ZEC-USD0.0000%1h1,468.4+0.050%$413K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,467.3−0.026%$887K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,468+0.020%$83K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.6−0.002%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0013%8h1,467.4−0.021%$293K$1.4M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0037% / S +0.0009%1h1,467.6−0.006%$356K100xas long as short
Gate ZEC_USDT+0.0048%8h1,467.8+0.010%$50.0M$185.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0052%8h1,468.1+0.033%$177.1M$1.35B50xas long as short
01 Exchange ZECUSD+0.0064%1h1,468.8+0.077%$8K$8K5xas long as short
ApeX Omni ZECUSDT+0.0070%1h1,463.9−0.257%$430K$821K50xas long as short
Phoenix ZEC+0.0075%1h1,467.6−0.005%$4.6M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,468.7+0.068%$174K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,468.4+0.053%$14K$832K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,467.2−0.031%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,468+0.023%$2.5M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.4+0.119%$761.9M$485.3M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,467.7long leg$15.6M$32.7M75x
Pacifica ZEC+0.0100%1h1,468+0.026%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.3+0.045%$676.5M$2.48B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.5−0.010%$222.5M$864.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.5−0.010%$103.9M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.1+0.031%$162.8M$305.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,467.4−0.018%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,463.1−0.313%$510K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.2−0.305%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,465.8−0.127%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.2+0.037%$344K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.8+0.012%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466−0.116%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469+0.088%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.5−0.014%$223K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.2−0.099%$2.5M$23.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.4+0.048%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,468.5+0.057%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.4−0.018%$37K$366K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0104%1h1,468.2+0.040%$597K$1.3M25xas long as short
Lighter ZEC+0.0152%1h1,468.8+0.078%$19.0M$52.6M20xas long as short
RISEx ZEC/USDC+0.0190%1h1,468.8+0.081%$845K$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0193%1h1,468.8+0.076%$2.4M$3.8M15xas long as short
Lighter RH ZEC+0.0408%1h1,469.2+0.108%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,468.7+0.070%$3.7M$11.6M50xas long as short
Arcus ZEC-USD+0.0444%1h1,469.2+0.106%$722K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0564%1h1,465.3−0.162%$41K$34K10xas long as short