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% APRnext payment $0.00 per $10,000 · paid last 24h −0.020%
Price spread now: SoDEX against Extended−0.028%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$230.230% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.024%−$2 on $10k
Price spread, last 3 days (all we have)+0.455%+$46 · spread now −0.028%, 7d avg +0.016%
Together, before fees+0.431%+ Points / potential airdropExtended: Active · farm board+$43 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: SoDEX is 0.044% 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 +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,463.50.0104pay 0.0013% / 1h49m 12s$3.2M$7.0M10x
ShortSoDEX ZEC-USD1,463.10.0100get 0.0013% / 1h49m 12s$222K$4.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.028% → +0.016%
−$4.42
Slippage, 4 orders
−$9.98
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$28.23
Costs to cover
0.230%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; SoDEX: live order book, 5 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, 5 min ago2.68 bp5.2 bp −$510.8 bp −$10856.4 bp −$5,642doesn't fit
Sell SoDEX live order book, 5 min ago0.82 bp5.1 bp −$515.5 bp −$155104.9 bp −$10.5Kdoesn'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−0.3310%1h1,462.9−0.038%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,463.2−0.022%$17.8M$44.7M25xas long as short
BloFin ZEC-USDT−0.0098%8h1,463.6+0.010%$29.2M$75.4M75xas long as short
Ondo Perps ZEC-USD.P−0.0093%1h1,459.3−0.286%$397K$518K5xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,462.5−0.065%$6K$2K10xas long as short
Bybit ZECUSDT−0.0044%8h1,463−0.036%$270.3M$675.8M75xas long as short
Variational Omni ZEC−0.0023%8h1,459.1−0.298%$46.4M$34.1Mas long as short
ApeX Omni ZECUSDT−0.0002%1h1,461.6−0.133%$429K$817K50xas long as short
dYdX ZEC-USD0.0000%1h1,462.8−0.047%$412K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,462.9−0.038%$889K$5.7M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,462.2−0.091%$83K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463.3−0.010%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0078%1h1,463.1−0.024%$559K100xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,462.9−0.038%$293K$1.5M20xas long as short
OKX ZEC-USDT-SWAP+0.0052%8h1,463−0.036%$175.3M$1.36B50xas long as short
Bulk ZEC-USD+0.0054%1h1,460.6−0.200%$899K$25K10xas long as short
01 Exchange ZECUSD+0.0056%1h1,463.6+0.010%$8K$8K5xas long as short
Gate ZEC_USDT+0.0059%8h1,462.9−0.042%$49.7M$183.8M75xas long as short
Phoenix ZEC+0.0075%1h1,459.6−0.264%$4.6M$1.6M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0082%1h1,463.7+0.017%$596K$1.3M25xas long as short
Katana Perps ZEC-USD+0.0096%8h1,463.1−0.025%$14K$864K10xas long as short
Lighter ZEC+0.0096%1h1,465.1+0.112%$18.9M$52.3M20xas long as short
Popdex ZECUSDT+0.0096%1h1,462.8−0.044%$174K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,462.2−0.085%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.6−0.064%$2.5M$7.0M10xas long as short
Hyperliquid ZEC+0.0100%1h1,463.4−0.006%$758.1M$489.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,462.7−0.054%$15.4M$33.6M75xas long as short
Pacifica ZEC+0.0100%1h1,462.6−0.058%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,463.8+0.023%$671.4M$2.52B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,463.6+0.004%$219.5M$852.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,463−0.034%$103.2M$56.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,463−0.033%$162.2M$309.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,462−0.100%$6.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,459.8−0.249%$509K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,458.9−0.313%$3.0M$492K10xas long as short
StandX ZEC-USD+0.0100%1h1,458.6−0.331%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,463−0.034%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,462.9−0.042%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,461.4−0.141%$446K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,465.2+0.116%$4K$1.3M20xas long as short
SoDEX ZEC-USDshort+0.0100%1h1,463.1−0.028%$222K$4.6M10x
HTX ZEC-USDT+0.0100%8h1,463−0.034%$2.4M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,463.5+0.003%$3.8M$5.4M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,463.5long leg$3.2M$7.0M10x
Aevo ZEC-PERP+0.0104%1h1,463.2−0.023%$36K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,463.5−0.002%$843K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0229%1h1,462.7−0.057%$2.3M$4.0M15xas long as short
Lighter RH ZEC+0.0400%1h1,465.6+0.142%$2.0M$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,465.4+0.130%$3.7M$11.7M50xas long as short
Arcus ZEC-USD+0.0444%1h1,463.8+0.022%$742K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0518%1h1,463.3−0.011%$40K$34K10xas long as short