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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.029%
Price spread now: Pacifica against dYdX+0.037%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$840.841% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.397%−$40 on $10k
Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.037%, 7d avg +0.013%
Together, before fees−0.473%+ Points / potential airdropPacifica: Active · farm board−$47 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 Pacifica is 0.024% dearer against dYdX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.013%. Mind the row above: over the last 7 days funding on this pair cost −0.397%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZEC-USD1,452.50get 0.0000% / 1h40m 31s$409K$40K5x
ShortPacifica ZEC1,4530.0100get 0.0013% / 1h40m 31s$1.6M$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.037% → +0.013%
$2.44
Slippage, 4 orders
−$66.14
Fee dYdX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$60.7
Costs to cover
0.841%
Break-even
27.2 days
Slippage from dYdX: live order book, 19 min ago; Pacifica: 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 dYdX live order book, 19 min ago29.20 bp34.2 bp −$3449.2 bp −$492184.1 bp −$18.4K1219.7 bp −$609.8K
Sell Pacifica live order book, 4 min ago0.93 bp5.9 bp −$6doesn'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−0.3166%1h1,450−0.171%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,453.3+0.054%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,451.3−0.081%$29.2M$70.6M75xas long as short
dYdX ZEC-USDlong0.0000%1h1,452.5long leg$409K$40K5x
Kalshi KXZECPERP0.0000%8h1,450.1−0.160%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,453+0.034%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,450−0.172%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0060%8h1,450.2−0.157%$290K$957K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0065% / S −0.0016%1h1,449.9−0.178%$407K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,452.9+0.032%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,452.7+0.017%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,452.1−0.029%$11K$872K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,453+0.033%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,453+0.034%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,453.8+0.091%$756.1M$435.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,452.7+0.017%$14.4M$27.7M75xas long as short
Pacifica ZECshort+0.0100%1h1,453+0.037%$1.6M$2.4M10x
Binance ZECUSDT+0.0100%8h1,452.8+0.025%$666.8M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,452.3−0.012%$261.2M$602.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,452.6+0.010%$177.4M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,448.7−0.260%$394K$444K5xas long as short
Bulk ZEC-USD+0.0100%1h1,450.7−0.123%$875K$29K10xas long as short
Gate ZEC_USDT+0.0100%8h1,452.7+0.017%$50.0M$173.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,452.9+0.026%$216.4M$769.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,452.8+0.022%$102.2M$54.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,452.9+0.028%$165.0M$273.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,452.2−0.023%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,451.9−0.043%$2.4M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,449.4−0.210%$47.5M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,450.6−0.129%$565K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,450.6−0.131%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,449.9−0.178%$403K$921K50xas long as short
StandX ZEC-USD+0.0100%1h1,450.2−0.156%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,452.3−0.012%$366K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,452.7+0.017%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,449.1−0.232%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,452.4−0.004%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,450.4−0.143%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,450−0.173%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,451−0.101%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,452.6+0.009%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,449.7−0.194%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,450.5−0.139%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0278%1h1,450.9−0.112%$609K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0278%1h1,450.5−0.136%$18.0M$44.9M25xas long as short
Lighter ZEC+0.0328%1h1,454.3+0.124%$19.1M$45.9M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,452.9+0.031%$920K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,452.2−0.022%$3.8M$9.0M50xas long as short
Lighter RH ZEC+0.0480%1h1,454.8+0.158%$2.0M$6.9M10xas long as short
Arcus ZEC-USD+0.0626%1h1,450.8−0.119%$738K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0675%1h1,450.9−0.112%$44K$49K10xas long as short