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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%
Price spread now: Extended against Bullet+0.010%7-day average −0.025% · 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−$260.257% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.007%+$1 on $10k
Price spread, last 3 days (all we have)−0.451%−$45 · spread now +0.010%, 7d avg −0.025%
Together, before fees−0.443%+ Points / potential airdropExtended: Active · farm board−$44 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: Extended is 0.035% dearer against Bullet than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet ZEC-USD1,466.70.0100pay 0.0013% / 1h13m 34s$127K$160K20x
ShortExtended ZEC-USD1,466.80.0104get 0.0013% / 1h13m 34s$3.3M$6.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bullet. 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
$0.84
Price spread: +0.010% → −0.025%
$3.47
Slippage, 4 orders
−$12.7
Fee Bullet: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$21.38
Costs to cover
0.257%
Break-even
185.2 days
Slippage from Bullet: live order book, 5 min ago; Extended: live order book, 5 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 Bullet live order book, 5 min ago1.81 bp6.6 bp −$710.7 bp −$107doesn't fitdoesn't fit
Sell Extended live order book, 5 min ago1.65 bp5.2 bp −$511.7 bp −$11756.5 bp −$5,648doesn'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+0.057%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,466.4−0.019%$17.8M$44.6M25xas long as short
Ondo Perps ZEC-USD.P−0.0243%1h1,464.9−0.121%$397K$515K5xas long as short
BloFin ZEC-USDT−0.0098%8h1,467+0.020%$29.3M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.3+0.040%$6K$2K10xas long as short
Bybit ZECUSDT−0.0069%8h1,465.6−0.075%$271.2M$665.9M75xas long as short
Variational Omni ZEC−0.0034%8h1,463.6−0.211%$46.6M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,466.9+0.014%$413K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,467.9+0.081%$889K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,466.1−0.038%$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%1h1,467.8+0.077%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0011%8h1,466.8+0.010%$293K$1.4M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0037% / S +0.0009%1h1,467+0.020%$356K100xas long as short
OKX ZEC-USDT-SWAP+0.0041%8h1,466.1−0.043%$176.9M$1.34B50xas long as short
Gate ZEC_USDT+0.0045%8h1,466.6−0.003%$49.9M$186.9M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,467.4+0.050%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,465.1−0.108%$4.6M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0079%1h1,463.2−0.241%$429K$824K50xas long as short
Popdex ZECUSDT+0.0096%1h1,466.9+0.012%$174K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,467.5+0.057%$14K$824K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,467+0.020%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.9+0.082%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467.6+0.063%$761.4M$479.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,466.8+0.008%$15.6M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,467.4+0.047%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,466.6−0.008%$676.2M$2.47B75xas long as short
Bulk ZEC-USD+0.0100%1h1,463.9−0.187%$903K$27K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,466.7+0.004%$223.3M$868.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466.7+0.003%$103.6M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.4−0.019%$162.7M$303.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,466.4−0.018%$102.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,464−0.184%$509K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,464.3−0.162%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,467.7+0.069%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,466−0.046%$345K$1.9M10xas long as short
Bullet ZEC-USDlong+0.0100%1h1,466.7long leg$127K$160K20x
Derive ZEC-PERP+0.0100%1h1,465.4−0.089%$447K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469+0.159%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.7+0.003%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.6−0.005%$2.5M$23.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.3+0.042%$3.8M$5.3M50xas long as short
Extended ZEC-USDshort+0.0104%1h1,466.8+0.010%$3.3M$6.9M10x
Aevo ZEC-PERP+0.0104%1h1,467.2+0.033%$37K$366K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0116%1h1,467.8+0.075%$597K$1.3M25xas long as short
Lighter ZEC+0.0120%1h1,468+0.093%$19.0M$52.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0178%1h1,467.2+0.037%$2.4M$3.7M15xas long as short
RISEx ZEC/USDC+0.0190%1h1,467.3+0.043%$843K$1.3M10xas long as short
Lighter RH ZEC+0.0416%1h1,469.4+0.185%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,469.2+0.172%$3.7M$11.4M50xas long as short
Arcus ZEC-USD+0.0444%1h1,468+0.093%$725K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0584%1h1,466.9+0.013%$41K$34K10xas long as short