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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.016%
Price spread now: Popdex against Aster+0.022%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$200.196% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.049%+$5 on $10k
Price spread, last 7 days+0.008%+$1 · spread now +0.022%, 7d avg +0.023%
Together, before fees+0.057%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,474.70.0100pay 0.0100% / 8h6h 20m$14.8M$30.3M75x
ShortPopdex ZECUSDT1,4750.0096get 0.0012% / 1h20m 01s$174K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$0.84
Price spread: +0.022% → +0.023%
−$0.08
Slippage, 4 orders
−$5.16
Fee Aster: 4 bp × 2 orders
−$8
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$20.48
Costs to cover
0.196%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; Popdex: 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, 4 min ago1.02 bp5.1 bp −$57.1 bp −$7116.9 bp −$1,68672.1 bp −$36.1K
Sell Popdex live order book, 4 min ago1.02 bp4.7 bp −$510.9 bp −$109doesn't fitdoesn't fit

ZEC on 50 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−0.3678%1h1,459.6−1.025%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,475.2+0.039%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0006%1h1,472.9−0.119%$400K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,474.5−0.009%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,474.4−0.020%$415K$53K5xas long as short
Kalshi KXZECPERP0.0000%8h1,475.3+0.040%$975K$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,474.8+0.009%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,474.5−0.012%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0029%8h1,474.3−0.022%$294K$1.0M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,474.4−0.016%$385K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEC+0.0055%8h1,474.3−0.027%$48.1M$32.6Mas long as short
Phoenix ZEC+0.0070%1h1,474.7+0.001%$4.7M$1.5M10xas long as short
01 Exchange ZECUSD+0.0072%1h1,475.2+0.039%$8K$8K5xas long as short
Popdex ZECUSDTshort+0.0096%1h1,475+0.022%$174K$1.8M50x
OKX ZEC-USDT-SWAP+0.0097%8h1,474.7+0.001%$181.7M$1.27B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,474.5−0.008%$14K$840K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,474.9+0.014%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,475.1+0.032%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,475.9+0.084%$768.7M$443.1M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,474.7long leg$14.8M$30.3M75x
Pacifica ZEC+0.0100%1h1,475.3+0.043%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,474.70.000%$682.2M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,474.5−0.011%$272.3M$616.3M75xas long as short
Bulk ZEC-USD+0.0100%1h1,476.6+0.130%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,474.7+0.001%$50.4M$176.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,474.7−0.001%$216.1M$800.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.8+0.011%$103.6M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,474.8+0.010%$163.9M$282.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,473.8−0.056%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,472.2−0.170%$573K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.6−0.075%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,473.3−0.094%$428K$898K50xas long as short
StandX ZEC-USD+0.0100%1h1,474.4−0.016%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,474.8+0.009%$347K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,474.4−0.017%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,472.9−0.120%$458K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.1+0.167%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,474.3−0.026%$243K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,474.5−0.008%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,475+0.024%$3.9M$5.4M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0102%1h1,474.9+0.018%$614K$1.3M25xas long as short
Extended ZEC-USD+0.0104%1h1,474.5−0.009%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,474.2−0.028%$48K$162K20xas long as short
Arcus ZEC-USD+0.0254%1h1,476.1+0.099%$688K$8.6M10xas long as short
Lighter ZEC+0.0256%1h1,475.8+0.076%$19.3M$48.2M20xas long as short
Lighter RH ZEC+0.0288%1h1,476.4+0.115%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,475.5+0.055%$867K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,476.8+0.147%$3.7M$9.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0475%1h1,475.2+0.037%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0749%1h1,475.3+0.042%$44K$46K10xas long as short