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−0.0002%/8h= −0.3% APRnext payment $0.00 per $10,000 · paid last 24h −0.022%
Price spread now: 01 Exchange against GMX+0.087%47s7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: 01 Exchange is 0.087% dearer against GMX than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ZEC/USD [WBTC.b-USDC]1,483.6L +0.0122% / S −0.0108%pay 0.0015% / 1h46m 34s$430K100x
Short01 Exchange ZECUSD1,484.90.0120get 0.0015% / 1h46m 34s$8K$7K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$0.52
Price spread: +0.087% → 0.000%
$8.66
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$10.86
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 01 Exchange: 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 GMX no order-book sample
Sell 01 Exchange no order-book sample
GMX and 01 Exchange: 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+0.040%$34K$273K12xas long as short
BloFin ZEC-USDT−0.0118%8h1,483.9+0.020%$30.7M$73.8M75xas long as short
Bulk ZEC-USD−0.0097%1h1,490.7+0.476%$901K$15K10xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,483.7+0.009%$18.0M$46.5M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,483.8+0.014%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,483.9+0.023%$412K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,484.4+0.053%$1.6M$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,483.3−0.021%$61K$297K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,483.9+0.022%$5.3M150xas long as short
Orderly PERP_ZEC_USDC+0.0073%8h1,483.4−0.014%$298K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,484.6+0.067%$158K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,483.7+0.009%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,484.2+0.042%$14.1M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,484.8+0.079%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,484.7+0.072%$691.1M$2.29B75xas long as short
Bybit ZECUSDT+0.0100%8h1,484.5+0.060%$269.7M$627.3M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,484.7+0.077%$179.9M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,484.9+0.089%$405K$508K5xas long as short
Gate ZEC_USDT+0.0100%8h1,484.7+0.077%$54.2M$180.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,484.8+0.080%$237.0M$776.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,484.8+0.081%$101.8M$56.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,484.6+0.066%$160.2M$288.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,484.7+0.074%$114.4Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,485.1+0.099%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,483−0.041%$48.4M$33.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,484.5+0.064%$568K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,485.3+0.116%$3.0M$488K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,484.3+0.045%$411K$932K50xas long as short
StandX ZEC-USD+0.0100%1h1,484.6+0.071%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,484.1+0.035%$358K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,484.1+0.035%$163K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,482.5−0.072%$453K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,486.6+0.202%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,483.9+0.019%$253K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,483.5−0.008%$2.6M$19.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,484.5+0.061%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,484.6+0.066%$61K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,484.2+0.038%$11K$864K10xas long as short
Extended ZEC-USD+0.0104%1h1,484.5+0.059%$2.7M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,483.8+0.016%$44K$151K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0115%1h1,484.1+0.037%$706K$1.4M25xas long as short
01 Exchange ZECUSDshort+0.0120%1h1,484.9+0.087%$8K$7K5x
GMX ZEC/USD [WBTC.b-USDC]longL +0.0122% / S −0.0108%1h1,483.6long leg$430K100x
RISEx ZEC/USDC+0.0129%1h1,484.7+0.078%$929K$1.2M10xas long as short
Phoenix ZEC+0.0134%1h1,484.9+0.090%$4.7M$1.4M10xas long as short
Hyperliquid ZEC+0.0172%1h1,486+0.163%$772.0M$440.6M10xas long as short
Aftermath Perps ZECUSD+0.0206%1h1,486.3+0.182%$48K$63K10xas long as short
Arcus ZEC-USD+0.0221%1h1,486.5+0.195%$623K$8.6M10xas long as short
Lighter RH ZEC+0.0288%1h1,486.2+0.176%$2.1M$7.3M10xas long as short
Lighter ZEC+0.0328%1h1,485.7+0.139%$19.4M$45.5M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,484+0.025%$3.6M$9.9M50xas long as short