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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0009%/8h= −0.9% APRpaid last 24h −0.002%
Price spread now: HTX against GMX−0.046%7-day average −0.056% · 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)−0.018%−$2 on $10k
Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.046%, 7d avg −0.056%
Together, before fees+0.054%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ZEC/USD [WBTC.b-USDC]1,494.8L +0.0109% / S −0.0085%pay 0.0014% / 1h4m 12s$404K100x
ShortHTX ZEC-USDT1,494.10.0100get 0.0100% / 8h2h 04m$2.6M$19.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$1.79
Price spread: −0.046% → −0.056%
$1.01
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$24.78
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; HTX: live order book, 5 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 HTX live order book, 5 min ago2.74 bp11.5 bp −$1114.8 bp −$14844.3 bp −$4,425doesn't fit
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−0.3243%1h1,479.2−1.045%$34K$273K12xas long as short
Bulk ZEC-USD−0.0279%1h1,512.6+1.193%$914K$15K10xas long as short
BloFin ZEC-USDT−0.0119%8h1,495.2+0.031%$30.5M$73.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,495.5+0.050%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,495.1+0.021%$415K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,495.8+0.065%$1.7M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,495.3+0.032%$85K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,495+0.018%$5.3M150xas long as short
Orderly PERP_ZEC_USDC+0.0070%8h1,494.6−0.010%$293K$1.1M20xas long as short
01 Exchange ZECUSD+0.0088%1h1,494.9+0.010%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,500.8+0.403%$4.8M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,494.8+0.003%$152K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,495+0.015%$2.8M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,496.7+0.129%$780.7M$438.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,494.9+0.006%$14.2M$29.5M75xas long as short
Pacifica ZEC+0.0100%1h1,495.2+0.031%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,494.6−0.012%$694.2M$2.27B75xas long as short
Bybit ZECUSDT+0.0100%8h1,495+0.014%$274.3M$620.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,495.3+0.033%$181.2M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,495.9+0.075%$407K$481K5xas long as short
Gate ZEC_USDT+0.0100%8h1,495.3+0.032%$54.1M$182.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,494.9+0.010%$225.6M$784.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,495.4+0.039%$103.1M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,495.2+0.031%$161.2M$285.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,494.2−0.036%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,498.3+0.239%$49.0M$33.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,496.9+0.140%$573K$8.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,498.9+0.276%$3.1M$477K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,499.7+0.330%$415K$930K50xas long as short
StandX ZEC-USD+0.0100%1h1,496.5+0.114%$57K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,495.1+0.022%$362K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,495.2+0.028%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,493.7−0.073%$456K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,496.8+0.135%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,494.2−0.036%$254K$3.5M10xas long as short
HTX ZEC-USDTshort+0.0100%8h1,494.1−0.046%$2.6M$19.6M75x
Phemex ZECUSDT+0.0100%8h1,494.6−0.013%$4.0M$5.0M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0100%1h1,495.1+0.019%$711K$1.4M25xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,495.6+0.056%$62K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,494.6−0.010%$12K$858K10xas long as short
Extended ZEC-USD+0.0104%1h1,494.2−0.038%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,494.2−0.036%$45K$149K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]longL +0.0109% / S −0.0085%1h1,494.8long leg$404K100x
Kraken Futures PF_ZECUSD+0.0144%1h1,494.5−0.020%$18.1M$46.2M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,494.8+0.001%$933K$1.2M10xas long as short
Lighter ZEC+0.0216%1h1,495.7+0.062%$19.6M$45.9M20xas long as short
Lighter RH ZEC+0.0216%1h1,496.3+0.101%$2.1M$7.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0360%1h1,495.8+0.071%$2.3M$3.8M15xas long as short
Aftermath Perps ZECUSD+0.0399%1h1,498.8+0.271%$50K$61K10xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,496.5+0.113%$3.7M$9.9M50xas long as short
Arcus ZEC-USD+0.0508%1h1,496+0.082%$620K$8.5M10xas long as short