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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.029%
Price spread now: StandX against dYdX−0.240%48s7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$770.775% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 4 days (all we have)+0.328%+$33 · spread now −0.240%, 7d avg +0.019%
Together, before fees+0.371%+ Points / potential airdropStandX: Active · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. StandX is 0.259% cheaper against dYdX than usual: you would sell low and buy high (spread −0.240% now, against its 7-day average of +0.019%). If the spread goes back, that is −$26 on $10k: about 8.6 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.043% in total) that is about 42 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZEC-USD1,508.60get 0.0000% / 1h12m 45s$419K$34K5x
ShortStandX ZEC-USD1,5050.0100get 0.0013% / 1h12m 45s$56K$4.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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: −0.240% → +0.019%
−$25.93
Slippage, 4 orders
−$59.48
Fee dYdX: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$82.41
Costs to cover
0.775%
Break-even
34.5 days
Slippage from dYdX: live order book, 26 min ago; StandX: 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, 26 min ago23.10 bp30.6 bp −$3152.9 bp −$52996.6 bp −$9,661623.7 bp −$311.9K
Sell StandX live order book, 1 min ago3.02 bp8.8 bp −$912.6 bp −$126doesn'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−0.3442%1h1,490.6−1.192%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,506.9−0.112%$62K$303K10xas long as short
BloFin ZEC-USDT−0.0179%8h1,507.4−0.082%$31.1M$76.3M75xas long as short
Bulk ZEC-USD−0.0108%1h1,495.7−0.855%$810K$100K10xas long as short
Aftermath Perps ZECUSD−0.0086%1h1,503.1−0.366%$48K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,505.2−0.225%$6K$1K10xas long as short
dYdX ZEC-USDlong0.0000%1h1,508.6long leg$419K$34K5x
Kalshi KXZECPERP0.0000%8h1,509+0.026%$1.5M$4.4M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,508.6+0.002%$689K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,508.7+0.005%$5.4M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZECUSD+0.0012%1h1,508.4−0.014%$18.1M$47.4M25xas long as short
Ondo Perps ZEC-USD.P+0.0054%1h1,507.4−0.080%$411K$559K5xas long as short
01 Exchange ZECUSD+0.0080%1h1,509.5+0.060%$8K$6K5xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,507.8−0.056%$304K$864K20xas long as short
Phoenix ZEC+0.0096%1h1,508.1−0.033%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,509.1+0.033%$180K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,508.5−0.007%$14K$894K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,508.5−0.010%$62K$19K10xas long as short
Nado ZEC-PERP+0.0100%1h1,508.7+0.008%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,509.1+0.033%$789.9M$441.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,508−0.040%$14.1M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,509+0.024%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,508.5−0.005%$705.6M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,508.1−0.035%$272.4M$620.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,508.3−0.019%$184.3M$1.36B50xas long as short
Gate ZEC_USDT+0.0100%8h1,508.5−0.007%$58.8M$187.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,508.5−0.005%$238.5M$807.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,508.4−0.011%$103.6M$56.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,508.7+0.005%$163.3M$289.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,507.6−0.067%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,501.9−0.443%$49.1M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,504.8−0.255%$576K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,507.4−0.082%$3.1M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,507.5−0.070%$415K$946K50xas long as short
StandX ZEC-USDshort+0.0100%1h1,505−0.240%$56K$4.6M30x
Polymarket Perps ZEC-USD+0.0100%1h1,508.9+0.020%$363K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,508.9+0.020%$176K$189K20xas long as short
Derive ZEC-PERP+0.0100%1h1,506.9−0.113%$460K$438K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,510.3+0.109%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,508−0.040%$255K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,508−0.041%$2.7M$20.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,508.1−0.031%$4.0M$4.9M50xas long as short
Lighter RH ZEC+0.0104%1h1,509.9+0.085%$2.1M$7.5M10xas long as short
Extended ZEC-USD+0.0104%1h1,508.5−0.006%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,508.1−0.033%$43K$151K20xas long as short
RISEx ZEC/USDC+0.0128%1h1,508.8+0.015%$950K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0147% / S −0.0144%1h1,506−0.172%$335K100xas long as short
Lighter ZEC+0.0192%1h1,509.6+0.065%$19.9M$46.5M20xas long as short
Arcus ZEC-USD+0.0403%1h1,508.9+0.019%$607K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,510.2+0.103%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0492%1h1,508.5−0.009%$2.4M$3.8M15xas long as short