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+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.064%
Price spread now: Arcus against dYdX+0.149%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$880.876% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.052%+$5 on $10k
Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.149%, 7d avg +0.030%
Together, before fees−0.084%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Arcus is 0.118% dearer against dYdX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZEC-USD1,467.60get 0.0000% / 1h22m 55s$413K$104K5x
ShortArcus ZEC-USD1,469.70.0100get 0.0013% / 1h22m 55s$707K$8.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against dYdX. 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
$21
Price spread: +0.149% → +0.030%
$11.85
Slippage, 4 orders
−$73.14
Fee dYdX: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$54.8
Costs to cover
0.876%
Break-even
25.3 days
Slippage from dYdX: live order book, 56 min ago; Arcus: live order book, 1 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 dYdX live order book, 56 min ago30.89 bp43.2 bp −$4353.0 bp −$53089.5 bp −$8,951310.7 bp −$155.4K
Sell Arcus live order book, 1 min ago1.02 bp5.2 bp −$516.1 bp −$161doesn'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−0.3089%1h1,468.5+0.061%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0268%1h1,466.3−0.086%$399K$518K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,469.8+0.155%$17.9M$44.4M25xas long as short
Bybit ZECUSDT−0.0116%8h1,469.7+0.147%$274.5M$654.2M75xas long as short
BloFin ZEC-USDT−0.0108%8h1,469.3+0.119%$29.7M$75.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,468.5+0.067%$6K$2K10xas long as short
Variational Omni ZEC−0.0060%8h1,471.8+0.286%$46.8M$33.9Mas long as short
ApeX Omni ZECUSDT−0.0008%1h1,470.7+0.213%$431K$842K50xas long as short
dYdX ZEC-USDlong0.0000%1h1,467.6long leg$413K$104K5x
Kalshi KXZECPERP0.0000%8h1,469.3+0.117%$958K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,467.9+0.024%$83K$407K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,469.5+0.134%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,468.1+0.038%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,469.7+0.147%$294K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,470.8+0.219%$4.6M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,470.3+0.189%$180.6M$1.34B50xas long as short
Gate ZEC_USDT+0.0043%8h1,470.2+0.178%$50.6M$186.9M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,469.6+0.137%$371K100xas long as short
Lighter ZEC+0.0096%1h1,471.5+0.266%$19.2M$52.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,468.1+0.040%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,467.1−0.029%$13K$834K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468.3+0.049%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,468.1+0.040%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,470.5+0.200%$762.1M$472.3M10xas long as short
Aster ZECUSDT+0.0100%8h1,470+0.166%$15.0M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,468.8+0.086%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,470.4+0.193%$684.0M$2.46B75xas long as short
Arcus ZEC-USDshort+0.0100%1h1,469.7+0.149%$707K$8.4M10x
Bulk ZEC-USD+0.0100%1h1,469.8+0.150%$894K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,470+0.163%$231.6M$840.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,470+0.163%$103.5M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,470+0.165%$163.1M$301.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,469.7+0.144%$102.1Mas long as short
edgeX ZECUSDC+0.0100%4h1,469.4+0.126%$513K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.2+0.382%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,467.9+0.020%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.2+0.044%$342K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469.2+0.109%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.3+0.048%$458K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.6+0.136%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.7+0.146%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,469+0.098%$2.5M$22.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.1+0.174%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,470.2+0.180%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,470.1+0.175%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,469+0.095%$824K$1.2M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0188%1h1,470.8+0.218%$613K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0409%1h1,470.6+0.204%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,471+0.236%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0464%1h1,472.1+0.309%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0737%1h1,470.8+0.219%$45K$47K10xas long as short