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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0079%/8h= +8.7% APRpaid last 24h +0.005%
Price spread now: Variational Omni against dYdX−0.019%7-day average −0.059% · 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 3 days (all we have)−0.016%−$2 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now −0.019%, 7d avg −0.059%
Together, before fees−0.136%+ Points / potential airdropVariational Omni: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.040% dearer against dYdX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZEC-USD1,468.40get 0.0000% / 1h0m 25s$413K$49K5x
ShortVariational Omni ZEC1,468.10.0079get 0.0079% / 8h6h 00m$48.0M$32.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$16.65
Price spread: −0.019% → −0.059%
$4.04
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$10.69
Costs to cover
0.100%
Break-even
2.5 days
Slippage unknown: dYdX: live order book, 4 min ago; Variational Omni: RFQ quote, 4 min ago. 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, 4 min ago19.97 bp25.1 bp −$2558.8 bp −$588177.4 bp −$17.7K1025.3 bp −$512.6K
Sell Variational Omni RFQ quote, 4 min ago2.76 bpdoesn't fit5.8 bp −$5815.2 bp −$1,521doesn't fit

ZEC on 50 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−0.3678%1h1,452−1.114%$33K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.4+0.067%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0035%1h1,467.2−0.080%$398K$458K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,468.8+0.029%$18.1M$43.5M25xas long as short
dYdX ZEC-USDlong0.0000%1h1,468.4long leg$413K$49K5x
Kalshi KXZECPERP0.0000%8h1,468.7+0.025%$972K$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,468.5+0.010%$84K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,469.4+0.071%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0032%8h1,469.4+0.069%$293K$984K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,469+0.042%$384K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0056%1h1,469.4+0.071%$8K$8K5xas long as short
Phoenix ZEC+0.0070%1h1,466.6−0.121%$4.6M$1.5M10xas long as short
Variational Omni ZECshort+0.0079%8h1,468.1−0.019%$48.0M$32.4M
OKX ZEC-USDT-SWAP+0.0094%8h1,469.4+0.072%$181.1M$1.24B50xas long as short
Popdex ZECUSDT+0.0096%1h1,469.3+0.065%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,468.8+0.029%$16K$845K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,469.3+0.064%$61K$42K10xas long as short
Nado ZEC-PERP+0.0100%1h1,469.5+0.074%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,470.4+0.136%$765.7M$434.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.1+0.051%$14.7M$29.1M75xas long as short
Pacifica ZEC+0.0100%1h1,469.5+0.077%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.3+0.065%$679.0M$2.26B75xas long as short
Bybit ZECUSDT+0.0100%8h1,469.3+0.065%$271.6M$605.8M75xas long as short
Bulk ZEC-USD+0.0100%1h1,466.6−0.123%$890K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,469.3+0.061%$50.2M$177.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,469.2+0.057%$216.2M$803.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.1+0.047%$103.3M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,469.5+0.076%$163.2M$275.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,469.2+0.057%$98.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,469.6+0.083%$572K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468.3−0.003%$3.0M$430K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.5+0.077%$427K$881K50xas long as short
StandX ZEC-USD+0.0100%1h1,467.8−0.042%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,469+0.042%$343K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469+0.039%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468−0.026%$448K$512K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,471.8+0.230%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,468.7+0.023%$242K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468.7+0.019%$2.5M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,469+0.044%$3.9M$5.2M50xas long as short
Extended ZEC-USD+0.0104%1h1,469.1+0.051%$2.8M$7.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,469.2+0.056%$48K$155K20xas long as short
Lighter ZEC+0.0224%1h1,470.7+0.157%$19.2M$48.3M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0246%1h1,469.4+0.073%$611K$1.3M25xas long as short
Arcus ZEC-USD+0.0254%1h1,470.8+0.162%$693K$8.5M10xas long as short
Lighter RH ZEC+0.0296%1h1,471+0.181%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,469.8+0.099%$853K$1.0M10xas long as short
Backpack ZEC_USDC_PERP+0.0413%1h1,469.2+0.053%$2.4M$3.9M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,469.3+0.065%$3.6M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0731%1h1,469.8+0.096%$43K$46K10xas long as short