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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against edgeX+0.379%74s7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1301.301% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.379%, 7d avg +0.156%
Together, before fees−0.027%+ Points / potential airdropedgeX: Active · farm board−$3 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: SunX is 0.223% dearer against edgeX than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.156%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,501.50.0100pay 0.0050% / 4h15m 45s$575K$9.1M20x
ShortSunX ZEC-USDT1,507.20.0100get 0.0100% / 8h15m 45s$3K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.379% → +0.156%
$22.32
Slippage, 4 orders
−$113.12
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$107.8
Costs to cover
1.301%
Break-even
never at this rate
Slippage from edgeX: live order book, 3 min ago; SunX: live order book, 8 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 ago0.37 bp5.0 bp −$510.5 bp −$105doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago29.03 bp68.9 bp −$69doesn't fitdoesn'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%1h1,479.6−1.459%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,503.7+0.150%$62K$303K10xas long as short
BloFin ZEC-USDT−0.0158%8h1,505.2+0.246%$31.3M$76.1M75xas long as short
Bulk ZEC-USD−0.0108%1h1,495.7−0.385%$810K$100K10xas long as short
Aftermath Perps ZECUSD−0.0084%1h1,499.9−0.104%$48K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,506.3+0.321%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,505.6+0.272%$418K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,506.6+0.344%$1.5M$4.4M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,503.4+0.127%$687K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,502.7+0.081%$5.4M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZECUSD+0.0012%1h1,503+0.102%$18.0M$47.2M25xas long as short
Ondo Perps ZEC-USD.P+0.0059%1h1,498−0.232%$411K$555K5xas long as short
01 Exchange ZECUSD+0.0080%1h1,505.1+0.242%$8K$6K5xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,502.5+0.066%$303K$864K20xas long as short
Phoenix ZEC+0.0096%1h1,496−0.365%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,505+0.237%$179K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,504.9+0.229%$12K$891K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,505.1+0.239%$62K$20K10xas long as short
Nado ZEC-PERP+0.0100%1h1,505.7+0.281%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,504.5+0.201%$785.8M$439.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,503.3+0.123%$14.0M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,505.8+0.289%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,503.8+0.155%$703.5M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,503.3+0.121%$269.9M$618.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,503.5+0.133%$184.4M$1.35B50xas long as short
Gate ZEC_USDT+0.0100%8h1,503.5+0.133%$57.5M$186.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,503.9+0.159%$237.9M$805.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,503+0.103%$103.1M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,503.8+0.155%$162.6M$289.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,502.8+0.088%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,501.9+0.029%$49.1M$34.4Mas long as short
edgeX ZECUSDClong+0.0100%4h1,501.5long leg$575K$9.1M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,503.1+0.105%$3.1M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,504.4+0.191%$414K$946K50xas long as short
StandX ZEC-USD+0.0100%1h1,503.4+0.129%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,504.6+0.207%$361K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,502.8+0.090%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,502.7+0.081%$459K$469K6.7xas long as short
SunX ZEC-USDTshort+0.0100%8h1,507.2+0.379%$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,502.5+0.066%$254K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,502+0.034%$2.7M$20.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,503+0.103%$4.0M$4.9M50xas long as short
Lighter RH ZEC+0.0104%1h1,504+0.169%$2.1M$7.5M10xas long as short
Extended ZEC-USD+0.0104%1h1,503.4+0.124%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,502.8+0.089%$43K$151K20xas long as short
RISEx ZEC/USDC+0.0128%1h1,505.3+0.257%$948K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0146% / S −0.0144%1h1,502.6+0.073%$335K100xas long as short
Lighter ZEC+0.0208%1h1,504.1+0.176%$19.8M$46.2M20xas long as short
Arcus ZEC-USD+0.0403%1h1,505.9+0.296%$609K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,504.5+0.202%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0506%1h1,503.3+0.121%$2.3M$3.8M15xas long as short