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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0348%/8h= −38.1% APRpaid last 24h −0.101%
Price spread now: Aster against Coinbase International−0.046%54s7-day average −0.147% · you buy dearer than you sell
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−$340.337% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.288%−$29 on $10k
Price spread, last 3 days (all we have)−0.301%−$30 · spread now −0.046%, 7d avg −0.147%
Together, before fees−0.588%+ Points / potential airdropAster: Stage 5 · farm board−$59 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.101% dearer against Coinbase International than usual: you sell high and buy low (spread −0.046% now, against its 7-day average of −0.147%): +$10 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 23 hours. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ZEC-PERP-INTX1,469.30.0448pay 0.0056% / 1h9m 24s$3.7M$9.6M50x
ShortAster ZECUSDT1,468.60.0100get 0.0100% / 8h7h 09m$14.9M$31.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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
−$73.08
Price spread: −0.046% → −0.147%
$10.07
Slippage, 4 orders
−$15.73
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$96.75
Costs to cover
0.337%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 5 min ago; Aster: 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 Coinbase International live order book, 5 min ago1.70 bp8.5 bp −$913.6 bp −$13647.3 bp −$4,730doesn't fit
Sell Aster live order book, 5 min ago0.03 bp4.1 bp −$45.2 bp −$5217.3 bp −$1,73187.6 bp −$43.8K

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−0.3321%1h1,467.7−0.110%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,467.1−0.144%$17.9M$43.0M25xas long as short
BloFin ZEC-USDT−0.0116%8h1,467.7−0.109%$29.7M$72.4M75xas long as short
Ondo Perps ZEC-USD.P−0.0114%1h1,466.6−0.181%$398K$517K5xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,468.3−0.065%$6K$2K10xas long as short
Variational Omni ZEC−0.0021%8h1,466.4−0.197%$47.6M$33.6Mas long as short
dYdX ZEC-USD0.0000%1h1,467.6−0.111%$413K$103K5xas long as short
01 Exchange ZECUSD0.0000%1h1,467.8−0.103%$8K$9K5xas long as short
Kalshi KXZECPERP0.0000%8h1,469.4+0.010%$960K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,468−0.086%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,470+0.050%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0020%8h1,469.9+0.046%$293K$1.1M20xas long as short
Phoenix ZEC+0.0054%1h1,469.7+0.030%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,467.1−0.145%$377K100xas long as short
OKX ZEC-USDT-SWAP+0.0064%8h1,470+0.050%$181.6M$1.29B50xas long as short
Popdex ZECUSDT+0.0096%1h1,468.2−0.074%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,467.7−0.107%$12K$847K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468.2−0.075%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470.1+0.054%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,470.6+0.091%$765.9M$450.7M10xas long as short
Aster ZECUSDTshort+0.0100%8h1,468.6−0.046%$14.9M$31.4M75x
Pacifica ZEC+0.0100%1h1,468.6−0.046%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,470+0.052%$683.3M$2.36B75xas long as short
Bybit ZECUSDT+0.0100%8h1,469.9+0.041%$273.4M$629.0M75xas long as short
Arcus ZEC-USD+0.0100%1h1,469.7+0.029%$699K$8.6M10xas long as short
Bulk ZEC-USD+0.0100%1h1,465.9−0.230%$892K$22K10xas long as short
Gate ZEC_USDT+0.0100%8h1,469.8+0.037%$50.3M$181.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,469.7+0.027%$228.0M$829.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.7+0.030%$104.2M$55.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,470+0.050%$163.5M$290.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,467.5−0.117%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,466.3−0.199%$571K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.2−0.137%$3.0M$447K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,466.9−0.163%$427K$880K50xas long as short
StandX ZEC-USD+0.0100%1h1,466.5−0.189%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,469.6+0.023%$340K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469.8+0.038%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.6−0.248%$457K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.5+0.018%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.1−0.146%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467.2−0.140%$2.5M$19.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.5−0.118%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,468.3−0.065%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.2−0.137%$54K$164K20xas long as short
RISEx ZEC/USDC+0.0228%1h1,468.8−0.030%$853K$1.0M10xas long as short
Lighter ZEC+0.0240%1h1,469.9+0.040%$19.1M$50.6M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0273%1h1,468−0.088%$604K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTXlong+0.0448%1h1,469.3long leg$3.7M$9.6M50x
Backpack ZEC_USDC_PERP+0.0506%1h1,467.9−0.091%$2.5M$3.9M15xas long as short
Lighter RH ZEC+0.0712%1h1,470.3+0.071%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0759%1h1,468.3−0.066%$43K$46K10xas long as short