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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0489%/8h= +53.6% APRnext payment +$0.61 per $10,000 · paid last 24h +0.062%
Price spread now: RISEx against Hotstuff+0.082%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and RISEx is 0.082% dearer against Hotstuff than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff ZEC-PERP1,453.5−0.0080get 0.0010% / 1h30m 48s$6K$1K10x
ShortRISEx ZEC/USDC1,454.70.0409get 0.0051% / 1h30m 48s$830K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Hotstuff. 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
$102.77
Price spread: +0.082% → 0.000%
$8.24
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$100.01
Costs to cover
0.110%
Break-even
0.2 days
Slippage unknown: Hotstuff: no order-book sample; RISEx: live order book, 3 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 Hotstuff no order-book sample
Sell RISEx live order book, 3 min ago2.13 bp5.1 bp −$59.2 bp −$92doesn't fitdoesn't fit
Hotstuff: 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−0.3244%1h1,438.9−0.999%$33K$272K12xas long as short
BloFin ZEC-USDT−0.0081%8h1,456.9+0.233%$29.3M$71.0M75xas long as short
Hotstuff ZEC-PERPlong−0.0080%1h1,453.5long leg$6K$1K10x
dYdX ZEC-USD0.0000%1h1,452.7−0.052%$409K$44K5xas long as short
Kalshi KXZECPERP0.0000%8h1,455+0.107%$1.4M$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,454.3+0.056%$83K$248K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,454.9+0.096%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0043%8h1,456.9+0.233%$291K$979K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,454.7+0.083%$408K100xas long as short
Phoenix ZEC+0.0074%1h1,453.2−0.017%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,454.2+0.053%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,453.2−0.016%$14K$853K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,454.2+0.052%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,453.3−0.012%$2.5M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458.3+0.333%$759.5M$436.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,456.9+0.236%$14.4M$28.4M75xas long as short
Pacifica ZEC+0.0100%1h1,453.9+0.029%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,458.5+0.344%$668.0M$2.27B75xas long as short
Bybit ZECUSDT+0.0100%8h1,457.6+0.287%$266.7M$611.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,457.7+0.288%$179.3M$1.24B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,452.4−0.073%$396K$432K5xas long as short
Bulk ZEC-USD+0.0100%1h1,451.2−0.154%$879K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,458.5+0.348%$49.7M$173.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,458.4+0.337%$215.5M$775.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456.9+0.239%$102.4M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,458.1+0.316%$162.1M$278.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,458.1+0.318%$97.6Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,457.5+0.278%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,454.2+0.053%$47.0M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,453.2−0.020%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,453.1−0.027%$3.0M$419K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,452.9−0.038%$408K$905K50xas long as short
StandX ZEC-USD+0.0100%1h1,453.7+0.019%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,455.2+0.120%$325K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,454.9+0.097%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,455.6+0.147%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,456.9+0.235%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457+0.242%$241K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,456.2+0.187%$2.6M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,456.9+0.238%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,458.2+0.327%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,456.7+0.220%$47K$156K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,454.4+0.067%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,457+0.244%$18.0M$44.7M25xas long as short
Lighter ZEC+0.0208%1h1,458.3+0.333%$19.1M$46.5M20xas long as short
Arcus ZEC-USD+0.0277%1h1,455.8+0.159%$717K$8.5M10xas long as short
Lighter RH ZEC+0.0360%1h1,458.4+0.342%$2.0M$6.9M10xas long as short
RISEx ZEC/USDCshort+0.0409%1h1,454.7+0.082%$830K$1.0M10x
Coinbase International ZEC-PERP-INTX+0.0456%1h1,459+0.383%$3.7M$9.1M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0594%1h1,458+0.314%$613K$1.3M25xas long as short
Aftermath Perps ZECUSD+0.0703%1h1,454.2+0.051%$43K$46K10xas long as short