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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.027%
Price spread now: Aster against Extended−0.026%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$300.303% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.203%−$20 on $10k
Price spread, last 7 days+0.031%+$3 · spread now −0.026%, 7d avg +0.014%
Together, before fees−0.172%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$17 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: Aster is 0.040% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,463.60.0104pay 0.0013% / 1h31m 30s$3.2M$6.9M10x
ShortAster ZECUSDT1,463.30.0100get 0.0100% / 8h1h 31m$15.6M$33.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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: −0.026% → +0.014%
−$4.04
Slippage, 4 orders
−$17.34
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$35.22
Costs to cover
0.303%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; Aster: live order book, 3 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 Extended live order book, 2 min ago5.10 bp7.8 bp −$810.8 bp −$108121.5 bp −$12.1Kdoesn't fit
Sell Aster live order book, 3 min ago0.41 bp5.3 bp −$57.1 bp −$7119.7 bp −$1,969160.7 bp −$80.3K

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−0.3310%1h1,464+0.025%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,464.5+0.058%$17.8M$44.9M25xas long as short
Ondo Perps ZEC-USD.P−0.0216%1h1,460.2−0.235%$397K$518K5xas long as short
BloFin ZEC-USDT−0.0097%8h1,463.5−0.012%$29.3M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,463.4−0.013%$6K$2K10xas long as short
Bybit ZECUSDT−0.0053%8h1,462.8−0.055%$271.1M$673.1M75xas long as short
Variational Omni ZEC−0.0025%8h1,460.9−0.184%$46.5M$34.0Mas long as short
GMX ZEC/USD [WBTC.b-USDC]L −0.0017% / S +0.0093%1h1,463.3−0.024%$541K100xas long as short
dYdX ZEC-USD0.0000%1h1,464.1+0.034%$412K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,463.9+0.020%$884K$5.7M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,463.6−0.002%$83K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463.1−0.034%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0013%8h1,463.9+0.016%$292K$1.5M20xas long as short
ApeX Omni ZECUSDT+0.0029%1h1,462.7−0.064%$429K$821K50xas long as short
Bulk ZEC-USD+0.0030%1h1,466+0.163%$905K$27K10xas long as short
Gate ZEC_USDT+0.0047%8h1,463.6+0.001%$49.7M$185.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0048%8h1,463.5−0.006%$176.2M$1.35B50xas long as short
01 Exchange ZECUSD+0.0056%1h1,464.3+0.046%$8K$8K5xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0065%1h1,465.1+0.099%$596K$1.3M25xas long as short
Phoenix ZEC+0.0075%1h1,464+0.022%$4.6M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,463.8+0.009%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,464.1+0.030%$14K$862K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,463.1−0.035%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,463.7+0.003%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,464.4+0.054%$759.1M$485.1M10xas long as short
Aster ZECUSDTshort+0.0100%8h1,463.3−0.026%$15.6M$33.2M75x
Pacifica ZEC+0.0100%1h1,463.8+0.010%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,463.8+0.011%$674.6M$2.49B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,463.5−0.010%$222.8M$862.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,463.8+0.009%$103.7M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,463.5−0.011%$161.9M$306.4M75xas long as short
BingX ZEC-USDC+0.0100%8h1,462.7−0.066%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,462.1−0.103%$510K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.6−0.002%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,463.9+0.018%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,463.5−0.009%$344K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.2−0.030%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,462.4−0.085%$447K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,466+0.162%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,464.2+0.038%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,462.8−0.060%$2.5M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,464.8+0.078%$3.8M$5.4M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,463.6long leg$3.2M$6.9M10x
Aevo ZEC-PERP+0.0104%1h1,464.5+0.060%$37K$367K20xas long as short
Lighter ZEC+0.0112%1h1,464.8+0.083%$19.0M$52.6M20xas long as short
Backpack ZEC_USDC_PERP+0.0183%1h1,464.9+0.089%$2.3M$3.8M15xas long as short
RISEx ZEC/USDC+0.0190%1h1,464.1+0.031%$842K$1.4M10xas long as short
Lighter RH ZEC+0.0384%1h1,465.5+0.126%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,465.6+0.132%$3.7M$11.6M50xas long as short
Arcus ZEC-USD+0.0444%1h1,465.2+0.110%$738K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0553%1h1,464.6+0.065%$40K$34K10xas long as short