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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0170%/8h= +18.7% APRpaid last 24h +0.044%
Price spread now: Bulk against BloFin−0.153%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$220.216% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.160%+$16 on $10k
Price spread, last 4 days (all we have)−0.091%−$9 · spread now −0.153%, 7d avg −0.027%
Together, before fees+0.069%+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bulk is 0.126% cheaper against BloFin than usual: you would sell low and buy high (spread −0.153% now, against its 7-day average of −0.027%). If the spread goes back, that is −$13 on $10k: about 2.5 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,456.1−0.0070get 0.0070% / 8h3h 27m$29.4M$70.7M75x
ShortBulk ZEC-USD1,453.90.0100get 0.0013% / 1h27m 52s$878K$18K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against BloFin. 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
$35.78
Price spread: −0.153% → −0.027%
−$12.63
Slippage, 4 orders
−$2.58
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$1.57
Costs to cover
0.216%
Break-even
6.7 days
Slippage from BloFin: live order book, 6 min ago; Bulk: live order book, 26 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 BloFin live order book, 6 min ago1.13 bp7.2 bp −$78.7 bp −$8713.3 bp −$1,335doesn't fit
Sell Bulk live order book, 26 min ago0.03 bp3.5 bp −$43.7 bp −$376.7 bp −$66516.8 bp −$8,400

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−0.3042%1h1,457.6+0.105%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,456.4+0.021%$6K$1K10xas long as short
BloFin ZEC-USDTlong−0.0070%8h1,456.1long leg$29.4M$70.7M75x
dYdX ZEC-USD0.0000%1h1,456.3+0.015%$410K$36K5xas long as short
Perpl ZEC0.0000%43m1,455.4−0.049%$83K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,456.10.000%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,455.8−0.019%$291K$944K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0083% / S −0.0034%1h1,456.1−0.003%$434K100xas long as short
Popdex ZECUSDT+0.0096%1h1,456.5+0.028%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,456.3+0.016%$14K$820K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ZEC-USD-PERP+0.0100%8h1,456−0.007%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456−0.004%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,456.4+0.019%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,456.5+0.027%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.6+0.034%$670.1M$2.19B75xas long as short
Bybit ZECUSDT+0.0100%8h1,456.3+0.012%$261.0M$599.5M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,456.8+0.045%$178.8M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.7−0.027%$395K$434K5xas long as short
Bulk ZEC-USDshort+0.0100%1h1,453.9−0.153%$878K$18K10x
Gate ZEC_USDT+0.0100%8h1,456.4+0.017%$51.3M$171.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.5+0.024%$218.7M$769.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456.9+0.055%$102.8M$53.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,456.9+0.054%$165.7M$270.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,455.6−0.034%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,457+0.062%$47.8M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,456.6+0.035%$567K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.7+0.041%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457.4+0.089%$403K$944K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.5+0.029%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.2+0.007%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,456.1+0.003%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,454.6−0.101%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,458.2+0.147%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,456−0.010%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,455.7−0.027%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,456.4+0.021%$3.8M$4.9M50xas long as short
Lighter RH ZEC+0.0104%1h1,457.9+0.121%$2.1M$7.0M10xas long as short
Extended ZEC-USD+0.0104%1h1,456.2+0.006%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,455.7−0.027%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,455−0.076%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,456.8+0.051%$8K$7K5xas long as short
Kalshi KXZECPERP+0.0142%8h1,456.7+0.038%$1.5M$4.4M2.2xas long as short
Hyperliquid ZEC+0.0147%1h1,458.2+0.144%$759.1M$426.0M10xas long as short
Lighter ZEC+0.0152%1h1,457.9+0.120%$19.2M$45.0M20xas long as short
Backpack ZEC_USDC_PERP+0.0160%1h1,456.8+0.045%$2.4M$3.8M15xas long as short
RISEx ZEC/USDC+0.0216%1h1,456.2+0.008%$921K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0218%1h1,456.4+0.019%$613K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,455.8−0.021%$18.0M$45.3M25xas long as short
Arcus ZEC-USD+0.0344%1h1,458+0.131%$697K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,459.7+0.246%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0672%1h1,455.8−0.019%$45K$49K10xas long as short