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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%
Price spread now: OKX against Bullet−0.048%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$230.227% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.038%−$4 on $10k
Price spread, last 4 days (all we have)−1.759%−$176 · spread now −0.048%, 7d avg −0.019%
Together, before fees−1.798%−$180 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: OKX is 0.029% cheaper against Bullet than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet ZEC-USD1,5090.0100pay 0.0013% / 1h11m 06s$168K$189K20x
ShortOKX ZEC-USDT-SWAP1,508.30.0100get 0.0100% / 8h11m 06s$184.3M$1.36B50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
Price spread: −0.048% → −0.019%
−$2.9
Slippage, 4 orders
−$4.67
Fee Bullet: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$25.57
Costs to cover
0.227%
Break-even
never at this rate
Slippage from Bullet: live order book, 28 min ago; OKX: live order book, 3 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, 28 min ago0.40 bp5.9 bp −$612.3 bp −$123doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.03 bp6.0 bp −$69.1 bp −$9119.2 bp −$1,918doesn'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−0.3442%1h1,490.6−1.217%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,507.7−0.084%$62K$303K10xas long as short
BloFin ZEC-USDT−0.0177%8h1,508.9−0.004%$31.0M$76.4M75xas long as short
Bulk ZEC-USD−0.0108%1h1,495.7−0.880%$810K$100K10xas long as short
Aftermath Perps ZECUSD−0.0088%1h1,505.1−0.257%$48K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,509.7+0.045%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,508.6−0.026%$419K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,509.8+0.050%$1.5M$4.4M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0005%1h1,509.7+0.046%$689K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,509.2+0.013%$5.4M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZECUSD+0.0012%1h1,509.4+0.027%$18.1M$47.4M25xas long as short
Ondo Perps ZEC-USD.P+0.0065%1h1,507.4−0.105%$412K$559K5xas long as short
01 Exchange ZECUSD+0.0080%1h1,509.4+0.030%$8K$6K5xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,508.8−0.014%$304K$864K20xas long as short
Phoenix ZEC+0.0096%1h1,508.1−0.058%$4.8M$1.4M10xas long as short
Lighter RH ZEC+0.0096%1h1,510+0.069%$2.1M$7.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,509.4+0.027%$176K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,509−0.003%$14K$892K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,509.5+0.034%$62K$19K10xas long as short
Nado ZEC-PERP+0.0100%1h1,510.1+0.072%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,509.1+0.006%$790.5M$443.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,508−0.065%$14.1M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,509.9+0.059%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,508.3−0.043%$705.5M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,507.7−0.085%$272.5M$619.9M75xas long as short
OKX ZEC-USDT-SWAPshort+0.0100%8h1,508.3−0.048%$184.3M$1.36B50x
Gate ZEC_USDT+0.0100%8h1,508.3−0.046%$58.8M$187.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,508.5−0.033%$239.7M$808.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,508.9−0.005%$103.7M$56.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,508.3−0.046%$163.4M$290.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,508.2−0.051%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,501.9−0.468%$49.1M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,504.8−0.281%$576K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,508.8−0.011%$3.1M$519K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,507.8−0.081%$415K$947K50xas long as short
StandX ZEC-USD+0.0100%1h1,508.7−0.020%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,509+0.001%$363K$1.6M10xas long as short
Bullet ZEC-USDlong+0.0100%1h1,509long leg$168K$189K20x
Derive ZEC-PERP+0.0100%1h1,508.4−0.039%$460K$438K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,511.2+0.148%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,509−0.003%$255K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,508−0.064%$2.7M$20.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,509.1+0.010%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,509+0.001%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,509.2+0.016%$43K$151K20xas long as short
RISEx ZEC/USDC+0.0128%1h1,509.5+0.031%$950K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0148% / S −0.0146%1h1,508.7−0.019%$336K100xas long as short
Lighter ZEC+0.0184%1h1,510.1+0.076%$19.9M$46.5M20xas long as short
Arcus ZEC-USD+0.0403%1h1,509.7+0.049%$608K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,510.6+0.107%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0490%1h1,509−0.002%$2.4M$3.7M15xas long as short