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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:22 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: Perpl against dYdX−0.093%7-day average −0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.158%−$16 on $10k
Price spread, last 4 days (all we have)+0.989%+$99 · spread now −0.093%, 7d avg −0.030%
Together, before fees+0.831%+ Points / potential airdropPerpl: Active · farm board+$83 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Perpl is 0.063% cheaper against dYdX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZEC-USD1,458.10get 0.0000% / 1h10m 37s$411K$42K5x
ShortPerpl ZEC1,456.80get 0.0000% / 43m41m 37s$83K$241K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
$0
Price spread: −0.093% → −0.030%
−$6.34
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$30.14
Costs to cover
0.238%
Break-even
never at this rate
Slippage unknown: dYdX: live order book, 53 min ago; Perpl: no order-book sample. Net counts fees only.

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, 53 min ago19.97 bp25.1 bp −$2558.8 bp −$588177.4 bp −$17.7K1025.3 bp −$512.6K
Sell Perpl no order-book sample
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3244%1h1,441.1−1.167%$33K$272K12xas long as short
BloFin ZEC-USDT−0.0084%8h1,457.8−0.024%$29.4M$70.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,457.5−0.047%$6K$1K10xas long as short
dYdX ZEC-USDlong0.0000%1h1,458.1long leg$411K$42K5x
Kalshi KXZECPERP0.0000%8h1,458.3+0.008%$1.5M$4.5M2.2xas long as short
Perpl ZECshort0.0000%43m1,456.8−0.093%$83K$241K10x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.9−0.020%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0052%8h1,458.4+0.014%$292K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,457.5−0.042%$409K100xas long as short
Phoenix ZEC+0.0074%1h1,458.4+0.017%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,457.3−0.060%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,457−0.075%$13K$867K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,458.1−0.003%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.5−0.044%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458.3+0.011%$757.8M$434.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,457.6−0.037%$14.5M$28.1M75xas long as short
Pacifica ZEC+0.0100%1h1,457.8−0.021%$1.7M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.8−0.021%$668.4M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,457.4−0.051%$263.2M$605.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,457.7−0.030%$178.3M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.3−0.195%$396K$432K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5−0.047%$883K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,457.2−0.062%$50.2M$175.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.7−0.032%$214.0M$780.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.6−0.035%$102.2M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457.9−0.015%$162.0M$273.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,456.8−0.095%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,456.4−0.121%$47.6M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,456.7−0.100%$567K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.6−0.105%$3.0M$432K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,456.2−0.134%$410K$911K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.6−0.108%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457−0.078%$369K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.8−0.023%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.9−0.084%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,460+0.124%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457.7−0.033%$233K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,456.8−0.095%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,458−0.012%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,457−0.077%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.8−0.024%$47K$153K20xas long as short
Backpack ZEC_USDC_PERP+0.0106%1h1,458.9+0.049%$2.4M$3.8M15xas long as short
01 Exchange ZECUSD+0.0144%1h1,457.6−0.038%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,457.6−0.035%$18.0M$44.6M25xas long as short
Lighter ZEC+0.0248%1h1,459+0.058%$19.1M$46.7M20xas long as short
Arcus ZEC-USD+0.0277%1h1,459+0.062%$712K$8.5M10xas long as short
Lighter RH ZEC+0.0352%1h1,459.3+0.079%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,457.8−0.024%$834K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,459.8+0.114%$3.7M$9.1M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0476%1h1,459.5+0.090%$613K$1.3M25xas long as short
Aftermath Perps ZECUSD+0.0690%1h1,458.7+0.037%$45K$49K10xas long as short