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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.072%
Price spread now: Hyperliquid against Bitget+0.095%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs+$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$260.264% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.451%+$45 on $10k
Price spread, last 7 days−0.051%−$5 · spread now +0.095%, 7d avg +0.033%
Together, before fees+0.400%+ Points / potential airdropHyperliquid: Season 2 · farm board+$40 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: Hyperliquid is 0.063% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZECUSDT1,467.60.0100pay 0.0100% / 8h1h 12m$162.8M$303.8M75x
ShortHyperliquid ZEC1,4690.0100get 0.0013% / 1h12m 15s$762.1M$479.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.095% → +0.033%
$6.28
Slippage, 4 orders
−$5.43
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$20.15
Costs to cover
0.264%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Hyperliquid: live order book, 12 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, 2 min ago0.03 bp7.7 bp −$812.8 bp −$128doesn't fitdoesn't fit
Sell Hyperliquid live order book, 12 min ago0.34 bp6.1 bp −$68.5 bp −$8513.5 bp −$1,350doesn'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−0.3310%1h1,467.5−0.005%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,467.2−0.026%$17.8M$44.5M25xas long as short
Ondo Perps ZEC-USD.P−0.0246%1h1,464.9−0.184%$397K$515K5xas long as short
BloFin ZEC-USDT−0.0101%8h1,467.8+0.014%$29.3M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.6−0.001%$6K$2K10xas long as short
Bybit ZECUSDT−0.0071%8h1,466.7−0.062%$271.4M$666.0M75xas long as short
Variational Omni ZEC−0.0034%8h1,463.6−0.273%$46.6M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,468.1+0.033%$413K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.4+0.052%$889K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,467.7+0.007%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,468.4+0.051%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,467.9+0.020%$293K$1.4M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0022%1h1,468.8+0.079%$598K$1.3M25xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0037% / S +0.0009%1h1,468.2+0.041%$356K100xas long as short
OKX ZEC-USDT-SWAP+0.0042%8h1,467.1−0.032%$177.4M$1.34B50xas long as short
Gate ZEC_USDT+0.0043%8h1,467.8+0.016%$50.0M$187.0M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,468.5+0.058%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,465.1−0.170%$4.6M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0079%1h1,463.2−0.303%$429K$824K50xas long as short
Popdex ZECUSDT+0.0096%1h1,467.9+0.023%$174K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,468.5+0.061%$14K$824K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,467−0.040%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,468.6+0.070%$2.6M$6.8M10xas long as short
Hyperliquid ZECshort+0.0100%1h1,469+0.095%$762.1M$479.1M10x
Aster ZECUSDT+0.0100%8h1,468.1+0.036%$15.6M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,467.9+0.022%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,467.3−0.023%$676.9M$2.47B75xas long as short
Bulk ZEC-USD+0.0100%1h1,463.9−0.249%$903K$27K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.4−0.015%$223.4M$869.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.3−0.020%$103.6M$55.7M75xas long as short
Bitget ZECUSDTlong+0.0100%8h1,467.6long leg$162.8M$303.8M75x
BingX ZEC-USDT+0.0100%8h1,467.8+0.016%$102.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,464−0.247%$509K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,464.3−0.225%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,467.2−0.029%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,467.8+0.014%$346K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.9+0.022%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.3−0.087%$447K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.9+0.153%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.1−0.031%$223K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.9−0.048%$2.5M$23.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.1+0.032%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,467.9+0.024%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.9+0.018%$37K$366K20xas long as short
Lighter ZEC+0.0120%1h1,468.7+0.076%$19.0M$52.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0178%1h1,468.8+0.081%$2.4M$3.7M15xas long as short
RISEx ZEC/USDC+0.0190%1h1,468.4+0.057%$843K$1.3M10xas long as short
Lighter RH ZEC+0.0416%1h1,469.3+0.117%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,469.7+0.144%$3.8M$11.4M50xas long as short
Arcus ZEC-USD+0.0444%1h1,468.9+0.086%$723K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0585%1h1,467.3−0.022%$41K$34K10xas long as short