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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: SunX against Bullet+0.166%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1301.297% 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 4 days (all we have)−0.077%−$8 · spread now +0.166%, 7d avg +0.116%
Together, before fees−0.070%−$7 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: SunX is 0.051% dearer against Bullet than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.116%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet ZEC-USD1,4910.0100pay 0.0013% / 1h59m 34s$164K$184K20x
ShortSunX ZEC-USDT1,493.50.0100get 0.0100% / 8h59m 34s$3K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.166% → +0.116%
$5.06
Slippage, 4 orders
−$113.67
Fee Bullet: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$124.61
Costs to cover
1.297%
Break-even
never at this rate
Slippage from Bullet: live order book, 44 min ago; SunX: live order book, 4 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, 44 min ago0.41 bp5.9 bp −$611.8 bp −$118doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago29.04 bp68.2 bp −$68doesn't fitdoesn'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−0.3684%1h1,481−0.670%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,490.5−0.030%$61K$304K10xas long as short
Ondo Perps ZEC-USD.P−0.0241%1h1,490.3−0.045%$407K$552K5xas long as short
BloFin ZEC-USDT−0.0144%8h1,491.1+0.009%$30.8M$75.0M75xas long as short
Kraken Futures PF_ZECUSD−0.0096%1h1,491.8+0.055%$18.1M$46.6M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,489.3−0.112%$6K$1K10xas long as short
Aftermath Perps ZECUSD−0.0020%1h1,493.6+0.176%$48K$64K10xas long as short
dYdX ZEC-USD0.0000%1h1,488.6−0.162%$414K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,491.3+0.023%$1.5M$4.7M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,490.8−0.009%$5.3M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL+0.0070%1h1,492.3+0.087%$681K$1.4M25xas long as short
Orderly PERP_ZEC_USDC+0.0081%8h1,491.2+0.013%$300K$1.1M20xas long as short
Bulk ZEC-USD+0.0085%1h1,492.9+0.131%$902K$7K10xas long as short
Popdex ZECUSDT+0.0096%1h1,491.2+0.014%$171K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,490.9−0.007%$12K$876K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,490.2−0.050%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,491.9+0.063%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,489.8−0.079%$777.8M$447.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,489.9−0.070%$13.9M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,489.7−0.083%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,490.9−0.004%$694.9M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,490.4−0.040%$267.1M$630.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,491.1+0.011%$181.3M$1.34B50xas long as short
Gate ZEC_USDT+0.0100%8h1,490.1−0.056%$55.0M$181.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,490.1−0.056%$241.1M$783.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,488.5−0.167%$102.5M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,491+0.002%$160.4M$289.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,490.1−0.057%$118.0Mas long as short
Variational Omni ZEC+0.0100%8h1,489.9−0.072%$48.8M$34.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,491.9+0.064%$571K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,490−0.065%$3.1M$499K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,491.8+0.057%$411K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,491.2+0.017%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,490.7−0.018%$357K$1.8M10xas long as short
Bullet ZEC-USDlong+0.0100%1h1,491long leg$164K$184K20x
Derive ZEC-PERP+0.0100%1h1,493.1+0.141%$456K$500K6.7xas long as short
SunX ZEC-USDTshort+0.0100%8h1,493.5+0.166%$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,491.2+0.017%$254K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,492+0.072%$2.7M$20.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,491.6+0.043%$4.0M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,490.5−0.033%$2.7M$7.9M10xas long as short
01 Exchange ZECUSD+0.0104%1h1,491.6+0.042%$8K$7K5xas long as short
Aevo ZEC-PERP+0.0104%1h1,491.3+0.020%$43K$151K20xas long as short
RISEx ZEC/USDC+0.0129%1h1,491.5+0.034%$939K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,496.6+0.377%$4.8M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0138% / S −0.0135%1h1,490.9−0.008%$392K100xas long as short
Lighter RH ZEC+0.0176%1h1,490.1−0.060%$2.1M$7.5M10xas long as short
Arcus ZEC-USD+0.0221%1h1,491.6+0.039%$620K$8.8M10xas long as short
Lighter ZEC+0.0248%1h1,490.7−0.018%$19.6M$44.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0264%1h1,492.3+0.089%$2.3M$3.9M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,493+0.136%$3.7M$10.1M50xas long as short