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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%
Price spread now: Bulk against edgeX+0.007%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$170.169% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.049%−$5 on $10k
Price spread, last 4 days (all we have)−0.245%−$25 · spread now +0.007%, 7d avg +0.033%
Together, before fees−0.294%+ Points / potential airdropedgeX: Active · farm board−$29 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: Bulk is 0.027% cheaper against edgeX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,450.60.0100pay 0.0050% / 4h41m 05s$565K$8.6M20x
ShortBulk ZEC-USD1,450.70.0100get 0.0013% / 1h41m 05s$875K$29K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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
Price spread: +0.007% → +0.033%
−$2.66
Slippage, 4 orders
−$0.92
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$19.57
Costs to cover
0.169%
Break-even
never at this rate
Slippage from edgeX: live order book, 3 min ago; Bulk: live order book, 18 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, 3 min ago0.38 bp4.9 bp −$59.0 bp −$90doesn't fitdoesn't fit
Sell Bulk live order book, 18 min ago0.03 bp3.5 bp −$43.5 bp −$359.1 bp −$90518.3 bp −$9,159

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%1h1,450−0.042%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,450−0.041%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,451.3+0.049%$29.2M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,449.9−0.048%$408K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,450.1−0.031%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,450.2−0.027%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,450−0.043%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0060%8h1,450.2−0.028%$290K$957K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0065% / S −0.0016%1h1,449.9−0.049%$407K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,450.2−0.029%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,450−0.039%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,449.8−0.059%$11K$872K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,450.3−0.024%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,449.7−0.062%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,452.9+0.158%$755.7M$435.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,450.5−0.007%$14.4M$27.7M75xas long as short
Pacifica ZEC+0.0100%1h1,450.2−0.026%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,452.7+0.148%$666.8M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,452.4+0.127%$261.2M$602.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,453+0.163%$177.4M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,448.7−0.131%$394K$444K5xas long as short
Bulk ZEC-USDshort+0.0100%1h1,450.7+0.007%$875K$29K10x
Gate ZEC_USDT+0.0100%8h1,451.8+0.079%$49.9M$173.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,451.2+0.044%$215.3M$769.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,450.5−0.006%$102.1M$54.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,452.9+0.160%$165.0M$274.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,451.4+0.054%$101.1Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,451.9+0.087%$2.4M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,449.4−0.081%$47.5M$32.8Mas long as short
edgeX ZECUSDClong+0.0100%4h1,450.6long leg$565K$8.6M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,450.6−0.002%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,449.9−0.049%$403K$921K50xas long as short
StandX ZEC-USD+0.0100%1h1,450.9+0.021%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,449.7−0.062%$365K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,450.1−0.035%$159K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,449.1−0.103%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,452.4+0.125%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,450.4−0.014%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,450−0.044%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,451+0.028%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,452.5+0.133%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,449.7−0.065%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,450.5−0.010%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0278%1h1,450.9+0.018%$609K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0278%1h1,450.5−0.007%$18.0M$44.9M25xas long as short
Lighter ZEC+0.0328%1h1,452.6+0.136%$19.1M$45.9M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,450.2−0.029%$919K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,452.2+0.107%$3.8M$9.0M50xas long as short
Lighter RH ZEC+0.0480%1h1,452.4+0.125%$2.0M$6.9M10xas long as short
Arcus ZEC-USD+0.0626%1h1,449.6−0.067%$737K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0672%1h1,450.3−0.021%$44K$49K10xas long as short