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 +0.009%
Price spread now: Aevo against Binance−0.019%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$420.423% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.150%+$15 on $10k
Price spread, last 3 days (all we have)+0.200%+$20 · spread now −0.019%, 7d avg +0.009%
Together, before fees+0.350%+$35 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.027% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZECUSDT1,4750.0100pay 0.0100% / 8h6h 20m$682.4M$2.32B75x
ShortAevo ZEC-PERP1,474.70.0104get 0.0013% / 1h20m 39s$48K$162K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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: −0.019% → +0.009%
−$2.74
Slippage, 4 orders
−$16.29
Fee Binance: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$44.19
Costs to cover
0.423%
Break-even
375.3 days
Slippage from Binance: live order book, 8 min ago; Aevo: live order book, 48 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 Binance live order book, 8 min ago0.03 bp5.0 bp −$56.2 bp −$6214.6 bp −$1,460doesn't fit
Sell Aevo live order book, 48 min ago3.23 bp15.7 bp −$1618.8 bp −$18829.0 bp −$2,905doesn'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%1h1,459.6−1.048%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,475.2+0.016%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0006%1h1,472.9−0.143%$400K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,475.1+0.009%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,474.4−0.043%$415K$53K5xas long as short
Kalshi KXZECPERP0.0000%8h1,475.2+0.016%$975K$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,474.9−0.009%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,474.7−0.018%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0029%8h1,474.9−0.007%$294K$1.0M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,474.8−0.017%$385K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEC+0.0055%8h1,474.3−0.051%$48.1M$32.6Mas long as short
Phoenix ZEC+0.0070%1h1,474.7−0.022%$4.7M$1.5M10xas long as short
01 Exchange ZECUSD+0.0072%1h1,475.1+0.009%$8K$8K5xas long as short
Popdex ZECUSDT+0.0096%1h1,475−0.004%$174K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0098%8h1,474.7−0.024%$181.8M$1.27B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,474.5−0.032%$14K$840K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,474.9−0.010%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.1−0.060%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,476.3+0.088%$768.9M$443.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,475.2+0.013%$14.8M$30.3M75xas long as short
Pacifica ZEC+0.0100%1h1,475.3+0.019%$1.7M$2.7M10xas long as short
Binance ZECUSDTlong+0.0100%8h1,475long leg$682.4M$2.32B75x
Bybit ZECUSDT+0.0100%8h1,474.7−0.021%$272.4M$616.9M75xas long as short
Bulk ZEC-USD+0.0100%1h1,476.6+0.107%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,474.7−0.024%$50.4M$176.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,474.9−0.009%$216.2M$800.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.9−0.005%$103.6M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,475−0.001%$163.9M$282.8M75xas long as short
BingX ZEC-USDT+0.0100%8h1,474.9−0.006%$100.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,472.2−0.193%$573K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.6−0.099%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,473.3−0.117%$428K$898K50xas long as short
StandX ZEC-USD+0.0100%1h1,474.4−0.039%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,474.7−0.021%$347K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,474.9−0.007%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.4−0.108%$458K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.2+0.146%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,474.9−0.005%$243K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,474.4−0.045%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,475+0.001%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,474.8−0.017%$3.2M$7.1M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,474.7−0.019%$48K$162K20x
Arcus ZEC-USD+0.0254%1h1,476.1+0.075%$688K$8.6M10xas long as short
Lighter ZEC+0.0256%1h1,476.2+0.084%$19.3M$48.2M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0285%1h1,475.7+0.049%$614K$1.3M25xas long as short
Lighter RH ZEC+0.0288%1h1,476.7+0.115%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,475.5+0.032%$867K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,476.3+0.090%$3.6M$9.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0480%1h1,475.3+0.016%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0746%1h1,475.2+0.011%$44K$46K10xas long as short