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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:05 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.007%
Price spread now: Perpl against Aster−0.026%7-day average −0.018% · 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 5 days (all we have)+0.085%+$8 on $10k
Price spread, last 4 days (all we have)+0.659%+$66 · spread now −0.026%, 7d avg −0.018%
Together, before fees+0.744%+ Points / potential airdropAster: Stage 5 · Perpl: Active · farm board+$74 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair paid +0.085%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,450.90.0100pay 0.0100% / 8h4h 45m$14.4M$27.7M75x
ShortPerpl ZEC1,450.50get 0.0000% / 43m16m 21s$83K$240K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$21
Price spread: −0.026% → −0.018%
−$0.79
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$43.59
Costs to cover
0.218%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 4 min ago; Perpl: 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 Aster live order book, 4 min ago1.11 bp5.9 bp −$68.7 bp −$8725.0 bp −$2,502doesn't fit
Sell Perpl no order-book sample
Perpl: 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%1h1,449.7−0.082%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,447.5−0.239%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,449.9−0.071%$29.2M$70.5M75xas long as short
dYdX ZEC-USD0.0000%1h1,449.6−0.093%$408K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,450.3−0.042%$1.5M$4.5M2.2xas long as short
Perpl ZECshort0.0000%43m1,450.5−0.026%$83K$240K10x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,450.2−0.049%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0059%8h1,450.1−0.057%$290K$958K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0065% / S −0.0015%1h1,450.4−0.033%$408K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,451.5+0.037%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,451.2+0.020%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,450.4−0.039%$11K$874K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,450.6−0.019%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,450.90.000%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,452+0.075%$755.0M$434.6M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,450.9long leg$14.4M$27.7M75x
Pacifica ZEC+0.0100%1h1,450.4−0.033%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,450.1−0.054%$665.6M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,449.8−0.078%$261.2M$602.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,450.5−0.029%$177.2M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,450−0.063%$394K$444K5xas long as short
Bulk ZEC-USD+0.0100%1h1,449.4−0.102%$876K$23K10xas long as short
Gate ZEC_USDT+0.0100%8h1,450.9−0.004%$50.0M$172.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,451+0.005%$216.0M$768.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,451.4+0.030%$102.1M$54.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,450.4−0.038%$164.7M$273.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,450.6−0.023%$101.0Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,449.2−0.120%$2.5M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,447.3−0.247%$47.4M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,447.5−0.237%$563K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,447.7−0.221%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,447.2−0.254%$402K$920K50xas long as short
StandX ZEC-USD+0.0100%1h1,447.8−0.216%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,450.6−0.022%$365K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,450.7−0.015%$159K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,449.1−0.122%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,453.4+0.172%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,449.9−0.070%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,449.7−0.082%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,449.5−0.095%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,449.7−0.085%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,449.8−0.074%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,448.9−0.138%$4.6M$1.3M10xas long as short
Kraken Futures PF_ZECUSD+0.0278%1h1,449.8−0.076%$18.0M$44.9M25xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0338%1h1,450.8−0.008%$609K$1.3M25xas long as short
Lighter ZEC+0.0352%1h1,451.4+0.031%$19.1M$45.9M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,451.2+0.019%$921K$1.1M10xas long as short
Lighter RH ZEC+0.0440%1h1,451.7+0.055%$2.0M$6.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,452.4+0.100%$3.8M$9.0M50xas long as short
Arcus ZEC-USD+0.0626%1h1,451+0.005%$738K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0668%1h1,449.5−0.099%$44K$49K10xas long as short