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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.019%
Price spread now: BingX against dYdX+0.170%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$960.964% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.244%−$24 on $10k
Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.170%, 7d avg +0.005%
Together, before fees−0.387%−$39 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 BingX is 0.165% dearer against dYdX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.005%. Mind the row above: over the last 7 days funding on this pair cost −0.244%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZEC-USD1,468.60get 0.0000% / 1h33m 04s$414K$104K5x
ShortBingX ZEC-USDT1,471.10.0100get 0.0100% / 8h7h 33m$100.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.170% → +0.005%
$16.49
Slippage, 4 orders
−$76.43
Fee dYdX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$58.94
Costs to cover
0.964%
Break-even
26.6 days
Slippage from dYdX: live order book, 41 min ago; BingX: live order book, 6 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, 41 min ago36.13 bp42.3 bp −$4250.1 bp −$50181.5 bp −$8,153211.0 bp −$105.5K
Sell BingX live order book, 6 min ago0.10 bp5.1 bp −$56.2 bp −$6214.6 bp −$1,45625.5 bp −$12.7K

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%1h1,470.2+0.112%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,469.9+0.091%$17.9M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0146%1h1,468−0.038%$399K$518K5xas long as short
BloFin ZEC-USDT−0.0102%8h1,470.4+0.125%$29.8M$73.2M75xas long as short
Bybit ZECUSDT−0.0087%8h1,471.1+0.172%$274.3M$636.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.3+0.048%$6K$2K10xas long as short
Variational Omni ZEC−0.0056%8h1,468.2−0.026%$47.6M$34.2Mas long as short
dYdX ZEC-USDlong0.0000%1h1,468.6long leg$414K$104K5x
Kalshi KXZECPERP0.0000%8h1,469.9+0.094%$957K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,469+0.029%$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%1h1,469.8+0.087%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,469.7+0.077%$293K$1.4M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,469+0.033%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0046%8h1,471.3+0.183%$182.0M$1.30B50xas long as short
Phoenix ZEC+0.0054%1h1,470.8+0.152%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,469.7+0.077%$378K100xas long as short
Popdex ZECUSDT+0.0096%1h1,469.7+0.079%$176K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,469.7+0.079%$14K$832K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,469.1+0.036%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470+0.096%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.2+0.248%$763.5M$454.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,470.2+0.114%$14.9M$31.9M75xas long as short
Pacifica ZEC+0.0100%1h1,469.4+0.056%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.2+0.181%$684.6M$2.38B75xas long as short
Arcus ZEC-USD+0.0100%1h1,470.8+0.151%$699K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471+0.165%$895K$25K10xas long as short
Gate ZEC_USDT+0.0100%8h1,470.9+0.159%$51.3M$179.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,470.3+0.119%$231.5M$825.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.9+0.093%$104.9M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.3+0.189%$163.7M$293.6M75xas long as short
BingX ZEC-USDTshort+0.0100%8h1,471.1+0.170%$100.3M
edgeX ZECUSDC+0.0100%4h1,468.4−0.010%$571K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468.3−0.017%$3.0M$466K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470+0.095%$430K$860K50xas long as short
StandX ZEC-USD+0.0100%1h1,468.9+0.025%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,469.3+0.050%$333K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469.4+0.054%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,467.9−0.044%$458K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,471.6+0.204%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.7+0.078%$242K$4.0M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470.2+0.108%$2.5M$21.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.8+0.151%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,469.9+0.091%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,469.9+0.089%$56K$167K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0166%1h1,470.6+0.137%$605K$1.3M25xas long as short
Lighter ZEC+0.0192%1h1,471.3+0.186%$19.2M$50.4M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,470.1+0.103%$850K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,471.8+0.223%$3.8M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0523%1h1,471.5+0.198%$2.5M$3.8M15xas long as short
Aftermath Perps ZECUSD+0.0771%1h1,470.9+0.161%$44K$47K10xas long as short
Lighter RH ZEC+0.0784%1h1,472.4+0.264%$2.0M$8.1M10xas long as short