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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.046%
Price spread now: Arcus against Bitget+0.084%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$250.255% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.134%+$13 on $10k
Price spread, last 7 days−0.006%−$1 · spread now +0.084%, 7d avg +0.045%
Together, before fees+0.128%+$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: Arcus is 0.039% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZECUSDT1,471.40.0100pay 0.0100% / 8h7h 58m$163.7M$300.8M75x
ShortArcus ZEC-USD1,472.60.0100get 0.0013% / 1h58m 16s$701K$8.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Bitget. 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
Price spread: +0.084% → +0.045%
$3.95
Slippage, 4 orders
−$8.97
Fee Bitget: 6 bp × 2 orders
−$12
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$21.52
Costs to cover
0.255%
Break-even
never at this rate
Slippage from Bitget: live order book, 11 min ago; Arcus: live order book, 1 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 Bitget live order book, 11 min ago0.03 bp7.4 bp −$711.2 bp −$11215.6 bp −$1,555doesn't fit
Sell Arcus live order book, 1 min ago0.00 bp2.3 bp −$213.6 bp −$136doesn't fitdoesn'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−0.3321%1h1,472.6+0.079%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0342%1h1,471.3−0.007%$17.9M$43.8M25xas long as short
Phemex ZECUSDT−0.0301%8h1,471.4+0.003%$3.8M$5.4M50xas long as short
BloFin ZEC-USDT−0.0101%8h1,469.8−0.111%$29.6M$74.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,471.3−0.006%$6K$2K10xas long as short
Variational Omni ZEC−0.0063%8h1,469.3−0.144%$47.6M$34.4Mas long as short
dYdX ZEC-USD0.0000%1h1,470.4−0.070%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.2−0.015%$957K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,471−0.029%$84K$405K10xas long as short
Ondo Perps ZEC-USD.P+0.0002%1h1,470−0.095%$399K$520K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.8+0.026%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,470.9−0.033%$294K$1.4M20xas long as short
01 Exchange ZECUSD+0.0016%1h1,471.9+0.035%$8K$8K5xas long as short
Phoenix ZEC+0.0024%1h1,471.4−0.001%$4.7M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0028%1h1,470.5−0.063%$431K$845K50xas long as short
OKX ZEC-USDT-SWAP+0.0039%8h1,471−0.024%$181.8M$1.34B50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,471.7+0.018%$372K100xas long as short
Lighter ZEC+0.0096%1h1,472.8+0.092%$19.2M$50.2M20xas long as short
Popdex ZECUSDT+0.0096%1h1,471.1−0.019%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,472.3+0.060%$12K$844K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.2−0.013%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,471.40.000%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.5+0.075%$763.4M$473.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,471−0.025%$15.0M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,471.6+0.015%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.3−0.006%$683.5M$2.45B75xas long as short
Bybit ZECUSDT+0.0100%8h1,470.8−0.039%$274.7M$648.4M75xas long as short
Arcus ZEC-USDshort+0.0100%1h1,472.6+0.084%$701K$8.5M10x
Bulk ZEC-USD+0.0100%1h1,470.8−0.044%$895K$33K10xas long as short
Gate ZEC_USDT+0.0100%8h1,471.5+0.008%$51.1M$177.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.5+0.006%$229.2M$818.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471−0.027%$104.5M$56.3M75xas long as short
Bitget ZECUSDTlong+0.0100%8h1,471.4long leg$163.7M$300.8M75x
BingX ZEC-USDC+0.0100%8h1,470.6−0.054%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.1−0.090%$549K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.6−0.053%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,470.8−0.042%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471−0.027%$333K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.2−0.012%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.5−0.132%$458K$508K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.8+0.160%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.1−0.024%$242K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470.7−0.045%$2.5M$22.5M75xas long as short
Extended ZEC-USD+0.0104%1h1,471.4−0.002%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.3−0.005%$28K$201K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0220%1h1,472.3+0.063%$614K$1.3M25xas long as short
RISEx ZEC/USDC+0.0228%1h1,472.3+0.059%$839K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0440%1h1,470.6−0.052%$2.5M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,473.7+0.158%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0552%1h1,473.5+0.140%$2.0M$7.9M10xas long as short
Aftermath Perps ZECUSD+0.0776%1h1,472.9+0.104%$46K$46K10xas long as short