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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0184%/8h= −20.1% APRnext payment $0.23 per $10,000 · paid last 24h −0.062%
Price spread now: Hotstuff against Extended−0.212%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Hotstuff is 0.212% cheaper against Extended than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,4740.0104pay 0.0013% / 1h7m 04s$3.2M$7.0M10x
ShortHotstuff ZEC-PERP1,470.9−0.0080pay 0.0010% / 1h7m 04s$6K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$38.64
Price spread: −0.212% → 0.000%
−$21.21
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$69.85
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 2 min ago; Hotstuff: no order-book sample. 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 Extended live order book, 2 min ago1.28 bp7.8 bp −$812.1 bp −$121308.5 bp −$30.9Kdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3321%1h1,471.6−0.166%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0342%1h1,473.9−0.005%$18.0M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0118%1h1,467.7−0.428%$398K$517K5xas long as short
BloFin ZEC-USDT−0.0116%8h1,472.9−0.072%$29.7M$72.5M75xas long as short
Hotstuff ZEC-PERPshort−0.0080%1h1,470.9−0.212%$6K$2K10x
Variational Omni ZEC−0.0021%8h1,466.4−0.519%$47.6M$33.6Mas long as short
dYdX ZEC-USD0.0000%1h1,470.2−0.260%$414K$103K5xas long as short
01 Exchange ZECUSD0.0000%1h1,471−0.205%$8K$9K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473−0.069%$960K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,471.9−0.142%$84K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,473.7−0.023%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0021%8h1,474.2+0.014%$294K$1.1M20xas long as short
Phoenix ZEC+0.0054%1h1,470−0.272%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,473.6−0.027%$379K100xas long as short
OKX ZEC-USDT-SWAP+0.0066%8h1,471.9−0.144%$181.8M$1.29B50xas long as short
Popdex ZECUSDT+0.0096%1h1,472.1−0.133%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,471.2−0.190%$12K$847K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470.7−0.221%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.1−0.064%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.6−0.028%$767.3M$451.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,474+0.002%$14.9M$31.3M75xas long as short
Pacifica ZEC+0.0100%1h1,470.9−0.209%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.3−0.114%$684.4M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,471.8−0.151%$273.3M$628.8M75xas long as short
Arcus ZEC-USD+0.0100%1h1,472.2−0.122%$692K$8.6M10xas long as short
Bulk ZEC-USD+0.0100%1h1,467.8−0.420%$893K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,472.8−0.079%$50.4M$182.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,473.1−0.065%$218.4M$831.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.2+0.010%$104.8M$55.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.7−0.088%$163.9M$289.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,474.1+0.005%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,468.5−0.376%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,469.6−0.298%$3.0M$450K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.7−0.290%$427K$880K50xas long as short
StandX ZEC-USD+0.0100%1h1,470.4−0.248%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,473.1−0.061%$341K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,473.3−0.048%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,472.7−0.086%$459K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,474.1+0.007%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,473.9−0.011%$243K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,472.5−0.099%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.7−0.021%$3.8M$5.3M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,474long leg$3.2M$7.0M10x
Aevo ZEC-PERP+0.0104%1h1,473.8−0.012%$55K$161K20xas long as short
RISEx ZEC/USDC+0.0228%1h1,471.8−0.148%$854K$1.0M10xas long as short
Lighter ZEC+0.0232%1h1,474.8+0.054%$19.2M$50.6M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0409%1h1,475.1+0.075%$607K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,476.4+0.162%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0515%1h1,473.6−0.030%$2.5M$3.9M15xas long as short
Lighter RH ZEC+0.0704%1h1,475.3+0.084%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0754%1h1,469.5−0.307%$43K$46K10xas long as short