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+0.0171%/8h= +18.7% APRpaid last 24h +0.022%
Price spread now: Extended against Bybit+0.057%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$230.235% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 7 days−0.076%−$8 · spread now +0.057%, 7d avg −0.032%
Together, before fees−0.080%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Extended is 0.088% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZECUSDT1,464.9−0.0067get 0.0067% / 8h1h 18m$271.0M$666.7M75x
ShortExtended ZEC-USD1,465.70.0104get 0.0013% / 1h18m 34s$3.3M$6.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
$35.81
Price spread: +0.057% → −0.032%
$8.83
Slippage, 4 orders
−$7.5
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$21.14
Costs to cover
0.235%
Break-even
2.9 days
Slippage from Bybit: live order book, 6 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 Bybit live order book, 6 min ago0.03 bp6.4 bp −$69.0 bp −$9018.2 bp −$1,820doesn't fit
Sell Extended live order book, 5 min ago1.55 bp6.6 bp −$712.5 bp −$125129.4 bp −$12.9Kdoesn'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%1h1,465.3+0.033%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,465.9+0.071%$17.8M$44.5M25xas long as short
Ondo Perps ZEC-USD.P−0.0244%1h1,463−0.126%$397K$514K5xas long as short
BloFin ZEC-USDT−0.0099%8h1,465.8+0.066%$29.2M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,465.9+0.071%$6K$2K10xas long as short
Bybit ZECUSDTlong−0.0067%8h1,464.9long leg$271.0M$666.7M75x
Variational Omni ZEC−0.0030%8h1,462.2−0.178%$46.6M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,465.6+0.052%$413K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,466.6+0.121%$886K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,464.8−0.004%$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%1h1,466.2+0.090%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0011%8h1,465.8+0.066%$292K$1.4M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0037% / S +0.0009%1h1,465.7+0.061%$355K100xas long as short
Gate ZEC_USDT+0.0042%8h1,465.5+0.041%$49.8M$186.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0047%8h1,465.3+0.029%$176.9M$1.35B50xas long as short
01 Exchange ZECUSD+0.0064%1h1,465+0.009%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,465+0.010%$4.6M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0084%1h1,463.5−0.091%$429K$823K50xas long as short
Popdex ZECUSDT+0.0096%1h1,465+0.013%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,465.5+0.044%$14K$827K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,465.3+0.031%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,465.8+0.063%$2.5M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467.2+0.160%$761.3M$478.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,466+0.082%$15.6M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,466.3+0.102%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,465.8+0.067%$675.3M$2.47B75xas long as short
Bulk ZEC-USD+0.0100%1h1,463.9−0.062%$903K$27K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,465.6+0.051%$222.6M$866.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,465.7+0.056%$103.7M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,465.4+0.038%$162.5M$304.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,465.4+0.040%$102.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,463−0.127%$511K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,464.2−0.047%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,463.9−0.066%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,465.2+0.024%$344K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,465.3+0.032%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,464.5−0.021%$447K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,467.5+0.177%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,465.7+0.059%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,465+0.010%$2.5M$23.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,466.2+0.089%$3.8M$5.3M50xas long as short
Extended ZEC-USDshort+0.0104%1h1,465.7+0.057%$3.3M$6.9M10x
Aevo ZEC-PERP+0.0104%1h1,465.9+0.073%$37K$366K20xas long as short
Lighter ZEC+0.0128%1h1,467.4+0.172%$19.0M$52.7M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0128%1h1,466.8+0.134%$597K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0175%1h1,466.7+0.126%$2.4M$3.8M15xas long as short
RISEx ZEC/USDC+0.0190%1h1,465.8+0.067%$842K$1.3M10xas long as short
Lighter RH ZEC+0.0400%1h1,468.3+0.236%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,468.2+0.231%$3.7M$11.5M50xas long as short
Arcus ZEC-USD+0.0444%1h1,466.6+0.122%$726K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0580%1h1,465.8+0.064%$41K$34K10xas long as short