Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.007%

Price spread now: 01 Exchange against Aster+0.015%54s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on 01 Exchange

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ZECUSDT	1,474.4	0.0100	pay 0.0100% / 8h	6h 21m	$14.9M	$30.4M	75x
Short	01 Exchange ZECUSD	1,474.6	0.0072	get 0.0009% / 1h	21m 48s	$8K	$9K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee AsterbpFee 01 ExchangebpOrdersPrice spread, now +0.015%Rate

Funding earned: −$5.88
Price spread: +0.015% → 0.000%: $1.51
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$19.37
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 2 min ago; 01 Exchange: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 2 min ago	1.02 bp	5.1 bp −$5	7.1 bp −$71	16.9 bp −$1,686	72.1 bp −$36.1K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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 50 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3678%	1h	1,459.3	−1.025%	$34K	$274K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,472.6	−0.121%	$6K	$1K	10x	as long as short
Ondo Perps ZEC-USD.P	−0.0016%	1h	1,471.4	−0.203%	$400K	$517K	5x	as long as short
Kraken Futures PF_ZECUSD	−0.0002%	1h	1,474.4	0.000%	$18.1M	$43.8M	25x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,474.4	−0.002%	$415K	$54K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,475.6	+0.078%	$976K	$4.9M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,474.1	−0.022%	$84K	$254K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,474.6	+0.013%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0028%	8h	1,474.1	−0.019%	$294K	$1.0M	20x	as long as short
Variational Omni ZEC	+0.0048%	8h	1,474.4	+0.002%	$48.1M	$32.8M	—	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0009%	1h	1,474.4	+0.002%	$385K	—	100x	as long as short
Phoenix ZEC	+0.0070%	1h	1,476.1	+0.116%	$4.7M	$1.5M	10x	as long as short
01 Exchange ZECUSDshort	+0.0072%	1h	1,474.6	+0.015%	$8K	$9K	5x
Popdex ZECUSDT	+0.0096%	1h	1,474.4	−0.003%	$173K	$1.8M	50x	as long as short
OKX ZEC-USDT-SWAP	+0.0097%	8h	1,474.9	+0.031%	$181.8M	$1.27B	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,473.8	−0.043%	$14K	$842K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,475.2	+0.054%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,473.5	−0.058%	$2.6M	$6.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,475.8	+0.096%	$768.5M	$443.0M	10x	as long as short
Aster ZECUSDTlong	+0.0100%	8h	1,474.4	long leg	$14.9M	$30.4M	75x
Pacifica ZEC	+0.0100%	1h	1,475.2	+0.053%	$1.7M	$2.7M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,475	+0.042%	$682.4M	$2.32B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,474.8	+0.025%	$272.3M	$617.1M	75x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,476.6	+0.148%	$896K	$18K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,473.9	−0.037%	$50.3M	$176.0M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,475.1	+0.048%	$216.6M	$800.8M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,474.8	+0.028%	$103.6M	$56.4M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,474.8	+0.028%	$163.9M	$283.2M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,473.2	−0.085%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,475.3	+0.063%	$575K	$9.0M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,473.8	−0.044%	$3.0M	$443K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,474.6	+0.011%	$429K	$898K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,473.1	−0.085%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,474.4	0.000%	$346K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,474.7	+0.019%	$128K	$160K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,472.8	−0.105%	$458K	$511K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,476.8	+0.166%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,474.1	−0.022%	$243K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,474.4	−0.003%	$2.5M	$18.7M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,474.2	−0.011%	$3.9M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,473.7	−0.045%	$3.2M	$7.1M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,474.1	−0.017%	$48K	$162K	20x	as long as short
Arcus ZEC-USD	+0.0254%	1h	1,475.4	+0.071%	$690K	$8.6M	10x	as long as short
Lighter ZEC	+0.0256%	1h	1,476.5	+0.144%	$19.3M	$48.2M	20x	as long as short
Lighter RH ZEC	+0.0288%	1h	1,476.6	+0.151%	$2.1M	$7.1M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0295%	1h	1,475	+0.044%	$614K	$1.3M	25x	as long as short
RISEx ZEC/USDC	+0.0374%	1h	1,474.9	+0.032%	$866K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0472%	1h	1,476.3	+0.128%	$3.6M	$9.4M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0483%	1h	1,474.5	+0.006%	$2.5M	$3.9M	15x	as long as short
Aftermath Perps ZECUSD	+0.0739%	1h	1,475.1	+0.045%	$44K	$46K	10x	as long as short