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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.001%
Price spread now: Aevo against edgeX+0.015%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$410.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.130%−$13 on $10k
Price spread, last 4 days (all we have)+0.863%+$86 · spread now +0.015%, 7d avg +0.056%
Together, before fees+0.733%+ Points / potential airdropedgeX: Active · farm board+$73 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: Aevo is 0.041% cheaper against edgeX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,469.90.0100pay 0.0050% / 4h2h 33m$555K$8.5M20x
ShortAevo ZEC-PERP1,470.20.0104get 0.0013% / 1h33m 01s$46K$152K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against edgeX. 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
$0.84
Price spread: +0.015% → +0.056%
−$4.14
Slippage, 4 orders
−$16.36
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$44.66
Costs to cover
0.414%
Break-even
379.2 days
Slippage from edgeX: live order book, 1 min ago; Aevo: live order book, 16 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 edgeX live order book, 1 min ago0.65 bp5.4 bp −$512.1 bp −$121doesn't fitdoesn't fit
Sell Aevo live order book, 16 min ago3.44 bp16.6 bp −$1721.3 bp −$21329.9 bp −$2,988doesn'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−0.3243%1h1,450−1.361%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,468.1−0.129%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0079%8h1,470.5+0.039%$29.8M$71.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,469.2−0.049%$408K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,470.7+0.052%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,469.6−0.021%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,469.9−0.004%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,470.3+0.027%$294K$896K20xas long as short
01 Exchange ZECUSD+0.0064%1h1,470.3+0.020%$8K$7K5xas long as short
Bybit ZECUSDT+0.0089%8h1,471.7+0.118%$261.7M$588.6M75xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,466.5−0.235%$4.7M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,469.8−0.012%$174K$1.6M50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0097% / S −0.0051%1h1,469.8−0.009%$438K100xas long as short
Katana Perps ZEC-USD+0.0100%8h1,469.6−0.026%$13K$812K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,469.8−0.009%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,469.8−0.008%$2.9M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.7+0.187%$766.8M$418.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,472+0.140%$14.4M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,469.6−0.027%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.4+0.167%$679.4M$2.16B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,471.8+0.127%$178.9M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,466.9−0.207%$399K$430K5xas long as short
Bulk ZEC-USD+0.0100%1h1,462.7−0.495%$884K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,472.2+0.152%$53.3M$171.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.9+0.133%$222.9M$761.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471.6+0.114%$103.4M$52.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472+0.142%$166.8M$267.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,470.5+0.037%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,470.5+0.040%$48.2M$32.4Mas long as short
edgeX ZECUSDClong+0.0100%4h1,469.9long leg$555K$8.5M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,469.8−0.012%$3.0M$467K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470+0.002%$406K$926K50xas long as short
StandX ZEC-USD+0.0100%1h1,467.6−0.162%$49K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,469.8−0.010%$360K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469.9−0.005%$162K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.1−0.057%$448K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.5+0.171%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,470.2+0.020%$235K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468.6−0.092%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.9+0.064%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,472+0.143%$2.8M$7.8M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,470.2+0.015%$46K$152K20x
Deribit ZEC_USDC-PERPETUAL+0.0126%1h1,471.1+0.081%$619K$1.3M25xas long as short
Lighter ZEC+0.0136%1h1,471.6+0.112%$19.5M$44.0M20xas long as short
Lighter RH ZEC+0.0136%1h1,471.7+0.116%$2.1M$7.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0146%1h1,470.4+0.029%$18.0M$45.6M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,470.4+0.029%$928K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0343%1h1,471.9+0.135%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,469.6−0.026%$3.7M$9.2M50xas long as short
Arcus ZEC-USD+0.0508%1h1,471.5+0.103%$665K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0679%1h1,468.5−0.099%$45K$49K10xas long as short