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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0123%/8h= −13.5% APRnext payment $0.15 per $10,000 · paid last 24h −0.031%
Price spread now: dYdX against GMX−0.043%7-day average −0.033% · 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)+0.058%+$6 on $10k
Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.043%, 7d avg −0.033%
Together, before fees+0.032%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.058%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ZEC/USD [WBTC.b-USDC]1,484.6L +0.0123% / S −0.0110%pay 0.0015% / 1h46m 23s$430K100x
ShortdYdX ZEC-USD1,483.90get 0.0000% / 1h46m 23s$412K$35K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against GMX. 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
−$25.84
Price spread: −0.043% → −0.033%
−$1.04
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$48.88
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; dYdX: live order book, 63 min ago. 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 GMX no order-book sample
Sell dYdX live order book, 63 min ago23.80 bp28.8 bp −$2946.2 bp −$46282.2 bp −$8,224119.4 bp −$59.7K
GMX: 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−0.3684%1h1,484.2−0.026%$34K$273K12xas long as short
BloFin ZEC-USDT−0.0118%8h1,483.9−0.046%$30.7M$73.8M75xas long as short
Bulk ZEC-USD−0.0097%1h1,490.7+0.410%$901K$15K10xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,484.8+0.015%$18.0M$46.5M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,483.8−0.052%$6K$1K10xas long as short
dYdX ZEC-USDshort0.0000%1h1,483.9−0.043%$412K$35K5x
Kalshi KXZECPERP0.0000%8h1,484.4−0.013%$1.6M$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,483.3−0.087%$61K$297K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,484.9+0.021%$5.3M150xas long as short
Orderly PERP_ZEC_USDC+0.0073%8h1,484.3−0.016%$298K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,484.6+0.001%$158K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,484.9+0.023%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,484.6+0.001%$14.1M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,484.8+0.013%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,485+0.032%$691.3M$2.29B75xas long as short
Bybit ZECUSDT+0.0100%8h1,484.9+0.024%$269.8M$627.5M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,485+0.032%$179.9M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,484.9+0.023%$405K$508K5xas long as short
Gate ZEC_USDT+0.0100%8h1,484.5−0.002%$54.3M$180.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,484.8+0.017%$237.1M$776.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,484.7+0.011%$101.8M$56.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,484.6+0.005%$160.2M$288.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,484−0.041%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,485.1+0.033%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,483−0.107%$48.4M$33.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,484.5−0.002%$568K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,485.3+0.050%$3.0M$488K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,484.3−0.021%$411K$932K50xas long as short
StandX ZEC-USD+0.0100%1h1,484.6+0.005%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,484.1−0.031%$358K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,485+0.030%$163K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,483.5−0.071%$453K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,486.9+0.156%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,483.9−0.047%$253K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,483.5−0.074%$2.6M$19.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,484.5−0.005%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,484.60.000%$61K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,484.2−0.028%$11K$864K10xas long as short
Extended ZEC-USD+0.0104%1h1,484.5−0.002%$2.7M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,484.5−0.006%$43K$152K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,484.9+0.021%$8K$7K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]longL +0.0123% / S −0.0110%1h1,484.6long leg$430K100x
RISEx ZEC/USDC+0.0129%1h1,484.7+0.013%$929K$1.2M10xas long as short
Phoenix ZEC+0.0134%1h1,484.9+0.024%$4.7M$1.4M10xas long as short
Hyperliquid ZEC+0.0172%1h1,486+0.097%$772.0M$440.6M10xas long as short
Aftermath Perps ZECUSD+0.0192%1h1,485.8+0.081%$48K$63K10xas long as short
Arcus ZEC-USD+0.0221%1h1,486.5+0.129%$623K$8.6M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0266%1h1,485.4+0.059%$706K$1.4M25xas long as short
Lighter RH ZEC+0.0288%1h1,486.2+0.110%$2.1M$7.3M10xas long as short
Lighter ZEC+0.0328%1h1,485.7+0.073%$19.4M$45.5M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,485.8+0.083%$3.6M$9.9M50xas long as short