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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.008%
Price spread now: 01 Exchange against Binance−0.080%53s7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and 01 Exchange is 0.080% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZECUSDT1,504.30.0100pay 0.0100% / 8h5h 53m$708.2M$2.19B75x
Short01 Exchange ZECUSD1,503.10.0016get 0.0002% / 1h53m 41s$8K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$17.64
Price spread: −0.080% → 0.000%
−$7.98
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$42.62
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 13 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago0.03 bp5.2 bp −$58.2 bp −$8217.6 bp −$1,764doesn't fit
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 exchanges

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−0.4130%1h1,480−1.615%$36K$267K12xas long as short
BloFin ZEC-USDT−0.0186%8h1,502.9−0.091%$31.8M$72.9M75xas long as short
Aftermath Perps ZECUSD−0.0094%1h1,504.1−0.009%$46K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,503.6−0.045%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0068%1h1,500.9−0.224%$409K$498K5xas long as short
dYdX ZEC-USD0.0000%1h1,503.9−0.022%$414K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,503.5−0.050%$1.5M$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,502−0.151%$63K$300K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,502.8−0.098%$5.3M150xas long as short
01 Exchange ZECUSDshort+0.0016%1h1,503.1−0.080%$8K$6K5x
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx ZEC/USDC+0.0032%1h1,502.8−0.099%$909K$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0049%1h1,503.5−0.052%$685K$1.3M25xas long as short
Orderly PERP_ZEC_USDC+0.0070%8h1,502.3−0.129%$303K$856K20xas long as short
Aster ZECUSDT+0.0094%8h1,503.8−0.031%$14.1M$26.9M75xas long as short
Lighter ZEC+0.0096%1h1,505.3+0.070%$19.9M$38.9M20xas long as short
Lighter RH ZEC+0.0096%1h1,505.3+0.070%$2.1M$7.0M10xas long as short
Popdex ZECUSDT+0.0096%1h1,502.8−0.100%$169K$1.5M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,502.6−0.114%$25K$880K10xas long as short
Kraken Futures PF_ZECUSD+0.0099%1h1,503.4−0.061%$18.5M$46.1M25xas long as short
Paradex ZEC-USD-PERP+0.0099%8h1,503.5−0.051%$62K$14K10xas long as short
Nado ZEC-PERP+0.0100%1h1,503.2−0.072%$3.1M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,505.2+0.062%$790.2M$429.5M10xas long as short
Pacifica ZEC+0.0100%1h1,504.3+0.003%$1.7M$1.9M10xas long as short
Binance ZECUSDTlong+0.0100%8h1,504.3long leg$708.2M$2.19B75x
Bybit ZECUSDT+0.0100%8h1,503.8−0.033%$276.2M$588.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,503.6−0.042%$186.0M$1.30B50xas long as short
Arcus ZEC-USD+0.0100%1h1,503.7−0.038%$594K$8.4M10xas long as short
Gate ZEC_USDT+0.0100%8h1,504.4+0.011%$62.8M$171.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,504.2−0.006%$177.9M$823.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,504−0.020%$105.3M$53.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,504.4+0.008%$164.4M$279.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,503.4−0.057%$6.6Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,503.8−0.034%$2.2M$3.7M15xas long as short
Variational Omni ZEC+0.0100%8h1,505.7+0.095%$49.5M$34.0Mas long as short
edgeX ZECUSDC+0.0100%4h1,504.6+0.019%$550K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,506.7+0.163%$3.1M$599K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,504.2−0.002%$411K$948K50xas long as short
StandX ZEC-USD+0.0100%1h1,505.8+0.101%$112K$4.5M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,502.9−0.091%$370K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,502.9−0.089%$167K$188K20xas long as short
SunX ZEC-USDT+0.0100%8h1,504.9+0.041%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,502.9−0.090%$257K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,502.3−0.129%$2.6M$20.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,503.3−0.062%$4.0M$4.8M50xas long as short
Bulk ZEC-USD+0.0100%1h1,505.5+0.083%$781K$158K10xas long as short
Extended ZEC-USD+0.0104%1h1,504.5+0.015%$2.7M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,502.4−0.123%$37K$163K20xas long as short
Phoenix ZEC+0.0139%1h1,506.5+0.146%$4.8M$1.3M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0185% / S −0.0197%1h1,503.3−0.067%$350K100xas long as short
Coinbase International ZEC-PERP-INTX+0.0352%1h1,504.9+0.041%$3.9M$9.5M50xas long as short