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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h −0.002%
Price spread now: Pacifica against GMX+0.105%7-day average −0.019% · you sell dearer than you buy
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)+0.069%+$7 on $10k
Price spread, last 4 days (all we have)−0.485%−$49 · spread now +0.105%, 7d avg −0.019%
Together, before fees−0.416%+ Points / potential airdropPacifica: Active · farm board−$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Pacifica is 0.124% dearer against GMX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ZEC/USD [WBTC.b-USDC]1,448.7L +0.0065% / S −0.0016%pay 0.0008% / 1h41m 46s$407K100x
ShortPacifica ZEC1,450.20.0100get 0.0013% / 1h41m 46s$1.6M$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$7.32
Price spread: +0.105% → −0.019%
$12.41
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$0.27
Costs to cover
0.200%
Break-even
7.3 days
Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 2 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 Pacifica live order book, 2 min ago0.93 bp5.9 bp −$6doesn't fitdoesn't fitdoesn'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−0.3166%1h1,451.5+0.190%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,450.5+0.125%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0069%8h1,450.3+0.109%$29.2M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,449.9+0.083%$408K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,450+0.092%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,449+0.020%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,448.9+0.012%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0059%8h1,449+0.023%$290K$958K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]longL +0.0065% / S −0.0016%1h1,448.7long leg$407K100x
01 Exchange ZECUSD+0.0072%1h1,449.4+0.047%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,449.3+0.044%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,449.1+0.028%$11K$875K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,450.3+0.107%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,450.1+0.100%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,450.6+0.131%$754.5M$434.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,449.6+0.061%$14.4M$27.7M75xas long as short
Pacifica ZECshort+0.0100%1h1,450.2+0.105%$1.6M$2.4M10x
Binance ZECUSDT+0.0100%8h1,450.3+0.110%$665.7M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,449.9+0.083%$260.8M$602.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,450.3+0.109%$177.0M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,448.70.000%$394K$444K5xas long as short
Bulk ZEC-USD+0.0100%1h1,450.7+0.138%$875K$29K10xas long as short
Gate ZEC_USDT+0.0100%8h1,449.6+0.061%$49.8M$173.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,450.1+0.098%$215.2M$769.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,449.7+0.067%$102.0M$54.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,449.7+0.070%$164.6M$274.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,449.6+0.062%$101.1Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,449.2+0.036%$2.4M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,447.3−0.094%$47.4M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,447.5−0.085%$563K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,450.6+0.129%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,449.9+0.082%$403K$921K50xas long as short
StandX ZEC-USD+0.0100%1h1,450.9+0.152%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,449+0.021%$365K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,449.2+0.031%$159K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,447.9−0.056%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,452.1+0.232%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,449+0.022%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,447.8−0.064%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,449.1+0.030%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,449.3+0.043%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,448.8+0.005%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,451.4+0.186%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0231%1h1,449.6+0.059%$608K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0279%1h1,448.7+0.003%$17.9M$44.9M25xas long as short
Lighter ZEC+0.0328%1h1,451.4+0.189%$19.1M$45.9M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,449.5+0.052%$919K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,452.6+0.271%$3.8M$9.0M50xas long as short
Lighter RH ZEC+0.0472%1h1,451.8+0.211%$2.0M$6.9M10xas long as short
Arcus ZEC-USD+0.0626%1h1,449.6+0.064%$737K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0672%1h1,449.8+0.078%$44K$49K10xas long as short