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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.019%
Price spread now: Extended against Binance+0.040%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$200.205% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.196%+$20 on $10k
Price spread, last 7 days−0.068%−$7 · spread now +0.040%, 7d avg −0.035%
Together, before fees+0.128%+ Points / potential airdropExtended: Active · farm board+$13 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: Extended is 0.075% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZECUSDT1,457.30.0100pay 0.0100% / 8h2h 12m$665.4M$2.53B75x
ShortExtended ZEC-USD1,457.90.0104get 0.0013% / 1h12m 08s$3.3M$6.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: +0.040% → −0.035%
$7.54
Slippage, 4 orders
−$5.49
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$12.11
Costs to cover
0.205%
Break-even
107.9 days
Slippage from Binance: live order book, 2 min ago; Extended: live order book, 2 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, 2 min ago0.03 bp5.0 bp −$57.4 bp −$7414.8 bp −$1,48325.7 bp −$12.8K
Sell Extended live order book, 2 min ago0.70 bp4.8 bp −$511.9 bp −$11989.2 bp −$8,917doesn'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−0.3476%1h1,433.1−1.656%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0086%8h1,458+0.048%$28.8M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,458.4+0.074%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,457.1−0.012%$17.7M$44.6M25xas long as short
Bybit ZECUSDT−0.0015%8h1,456.4−0.061%$268.8M$677.4M75xas long as short
dYdX ZEC-USD0.0000%1h1,458.5+0.083%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,457.6+0.021%$934K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,458+0.046%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,458.3+0.070%$593K$1.3M25xas long as short
Variational Omni ZEC+0.0002%8h1,456.6−0.047%$45.6M$33.4Mas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,458.3+0.068%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,457.6+0.020%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0018% / S +0.0073%1h1,458.1+0.058%$557K100xas long as short
01 Exchange ZECUSD+0.0048%1h1,458+0.051%$8K$8K5xas long as short
Ondo Perps ZEC-USD.P+0.0051%1h1,455.9−0.094%$395K$520K5xas long as short
OKX ZEC-USDT-SWAP+0.0058%8h1,457.3−0.002%$174.0M$1.36B50xas long as short
Gate ZEC_USDT+0.0066%8h1,457−0.016%$49.3M$191.0M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,458.2+0.062%$15K$865K10xas long as short
Lighter ZEC+0.0096%1h1,458.8+0.106%$18.8M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,457.9+0.042%$173K$2.0M50xas long as short
Aster ZECUSDT+0.0097%8h1,457.8+0.037%$15.3M$33.9M75xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.9+0.044%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,458.9+0.110%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458.6+0.091%$754.4M$495.2M10xas long as short
Pacifica ZEC+0.0100%1h1,458.5+0.082%$1.6M$3.0M10xas long as short
Binance ZECUSDTlong+0.0100%8h1,457.3long leg$665.4M$2.53B75x
MEXC ZEC_USDT+0.0100%8h1,457.2−0.003%$218.7M$898.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.5+0.015%$103.1M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457.4+0.005%$161.3M$312.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,458.2+0.066%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,458+0.049%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,457.1−0.013%$489K$9.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.7−0.037%$3.0M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458+0.047%$428K$814K50xas long as short
StandX ZEC-USD+0.0100%1h1,458.6+0.089%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.6+0.022%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.6+0.024%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.4−0.061%$445K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,459.7+0.168%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457.3−0.001%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,458.4+0.076%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.9+0.044%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,455−0.157%$896K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,457.5+0.015%$4.6M$1.6M10xas long as short
Extended ZEC-USDshort+0.0104%1h1,457.9+0.040%$3.3M$6.9M10x
Aevo ZEC-PERP+0.0104%1h1,457.5+0.014%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,458.6+0.093%$853K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,459.2+0.134%$3.7M$11.6M50xas long as short
Aftermath Perps ZECUSD+0.0474%1h1,458+0.046%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,459.3+0.137%$748K$8.0M10xas long as short
Lighter RH ZEC+0.0600%1h1,459.2+0.133%$1.9M$8.5M10xas long as short