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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h +0.018%
Price spread now: Nado against Bulk+0.050%54s7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$170.172% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.050%+$5 on $10k
Price spread, last 4 days (all we have)−0.468%−$47 · spread now +0.050%, 7d avg +0.067%
Together, before fees−0.418%+ Points / potential airdropNado: Active · farm board−$42 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk ZEC-USD1,472.40.0100pay 0.0013% / 1h31m 38s$889K$15K10x
ShortNado ZEC-PERP1,473.10.0100get 0.0012% / 1h31m 38s$2.9M$6.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Bulk. 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: +0.050% → +0.067%
−$1.67
Slippage, 4 orders
−$3.21
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$18.88
Costs to cover
0.172%
Break-even
never at this rate
Slippage from Bulk: live order book, 17 min ago; Nado: live order book, 2 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 Bulk live order book, 17 min ago0.34 bp3.8 bp −$43.8 bp −$385.1 bp −$5137.7 bp −$3,828
Sell Nado live order book, 2 min ago0.03 bp5.0 bp −$512.4 bp −$124doesn'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−0.3243%1h1,450−1.525%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.4−0.134%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0079%8h1,470.5−0.128%$29.8M$71.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,472.1−0.021%$409K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,472.9+0.034%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,472.1−0.019%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.6+0.012%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,472.6+0.013%$294K$896K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0062%1h1,473.3+0.058%$620K$1.3M25xas long as short
01 Exchange ZECUSD+0.0064%1h1,472.8+0.027%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0090%8h1,471.3−0.075%$261.5M$588.4M75xas long as short
Phoenix ZEC+0.0092%1h1,466.5−0.402%$4.7M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,472.7+0.017%$174K$1.6M50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0097% / S −0.0051%1h1,472.4+0.002%$439K100xas long as short
Katana Perps ZEC-USD+0.0100%8h1,471.3−0.076%$13K$812K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.6−0.055%$61K$43K10xas long as short
Nado ZEC-PERPshort+0.0100%1h1,473.1+0.050%$2.9M$6.3M10x
Hyperliquid ZEC+0.0100%1h1,472.7+0.020%$766.9M$419.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.6−0.053%$14.4M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,472−0.031%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.7−0.046%$679.1M$2.16B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,471.6−0.058%$178.6M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,466.9−0.374%$399K$430K5xas long as short
Bulk ZEC-USDlong+0.0100%1h1,472.4long leg$889K$15K10x
Gate ZEC_USDT+0.0100%8h1,471.7−0.051%$53.4M$171.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.8−0.043%$222.4M$762.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471.9−0.036%$103.5M$52.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.7−0.047%$166.7M$267.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,471.9−0.033%$107.9Mas long as short
Variational Omni ZEC+0.0100%8h1,470.5−0.127%$48.2M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,469.9−0.167%$555K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,469.8−0.180%$3.0M$467K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470−0.165%$406K$926K50xas long as short
StandX ZEC-USD+0.0100%1h1,469.7−0.183%$49K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.6+0.013%$361K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.3−0.005%$162K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,471.4−0.068%$449K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475.1+0.181%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.5+0.008%$235K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.7−0.050%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473+0.037%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,471.7−0.048%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.5+0.006%$46K$152K20xas long as short
Lighter RH ZEC+0.0120%1h1,472.9+0.030%$2.1M$7.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0146%1h1,472.6+0.010%$18.0M$45.6M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,471.9−0.038%$929K$1.1M10xas long as short
Lighter ZEC+0.0168%1h1,472.9+0.033%$19.5M$44.0M20xas long as short
Backpack ZEC_USDC_PERP+0.0359%1h1,474.1+0.113%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,469.6−0.193%$3.7M$9.2M50xas long as short
Arcus ZEC-USD+0.0508%1h1,473.2+0.052%$665K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0689%1h1,469.3−0.210%$45K$49K10xas long as short