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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h +0.008%
Price spread now: Hotstuff against BloFin+0.033%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hotstuff is 0.033% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,468.9−0.0102get 0.0102% / 8h7h 34m$29.7M$73.2M75x
ShortHotstuff ZEC-PERP1,469.4−0.0080pay 0.0010% / 1h34m 17s$6K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$4.62
Price spread: +0.033% → 0.000%
$3.34
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$9.04
Costs to cover
0.170%
Break-even
20.7 days
Slippage unknown: BloFin: live order book, 5 min ago; Hotstuff: 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 BloFin live order book, 5 min ago0.03 bp6.5 bp −$78.7 bp −$8712.3 bp −$1,229doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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 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%1h1,470.8+0.129%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,469.4+0.034%$17.9M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0150%1h1,468−0.059%$399K$518K5xas long as short
BloFin ZEC-USDTlong−0.0102%8h1,468.9long leg$29.7M$73.2M75x
Bybit ZECUSDT−0.0099%8h1,468.8−0.005%$273.9M$636.2M75xas long as short
Hotstuff ZEC-PERPshort−0.0080%1h1,469.4+0.033%$6K$2K10x
Variational Omni ZEC−0.0056%8h1,468.2−0.047%$47.6M$34.2Mas long as short
dYdX ZEC-USD0.0000%1h1,468.6−0.021%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.7−0.014%$957K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,469.4+0.033%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,469.2+0.021%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,469.1+0.014%$293K$1.4M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,469.3+0.030%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0045%8h1,469+0.009%$181.8M$1.30B50xas long as short
Phoenix ZEC+0.0054%1h1,470.9+0.135%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,469.2+0.024%$378K100xas long as short
Popdex ZECUSDT+0.0096%1h1,469.2+0.020%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,469.2+0.025%$14K$832K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,469.2+0.024%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,469.4+0.034%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,470.3+0.097%$762.5M$454.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.90.000%$14.9M$31.9M75xas long as short
Pacifica ZEC+0.0100%1h1,469.3+0.029%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.2+0.023%$683.6M$2.38B75xas long as short
Arcus ZEC-USD+0.0100%1h1,470.5+0.113%$701K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471+0.144%$895K$25K10xas long as short
Gate ZEC_USDT+0.0100%8h1,469.1+0.015%$51.2M$179.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,469+0.010%$230.8M$825.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.2+0.020%$104.9M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,469.2+0.022%$163.4M$293.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,469+0.007%$100.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.6+0.117%$572K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,471.5+0.181%$3.0M$466K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470+0.074%$430K$860K50xas long as short
StandX ZEC-USD+0.0100%1h1,468.9+0.003%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.8−0.005%$332K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469+0.012%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,467.3−0.105%$457K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,471.4+0.171%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469+0.012%$242K$4.0M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468.4−0.035%$2.5M$21.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.6+0.116%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,469.2+0.020%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,468.7−0.010%$56K$167K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0157%1h1,470+0.075%$605K$1.3M25xas long as short
Lighter ZEC+0.0184%1h1,471.4+0.174%$19.2M$50.4M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,469.8+0.065%$850K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,471.2+0.160%$3.8M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0528%1h1,469.1+0.014%$2.5M$3.8M15xas long as short
Aftermath Perps ZECUSD+0.0764%1h1,470.6+0.117%$43K$47K10xas long as short
Lighter RH ZEC+0.0776%1h1,471.7+0.190%$2.0M$8.1M10xas long as short