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+0.0180%/8h= +19.7% APRpaid last 24h +0.054%
Price spread now: SunX against Hotstuff−0.012%7-day average · 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 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff ZEC-PERP1,470.3−0.0080get 0.0010% / 1h57m 51s$6K$1K10x
ShortSunX ZEC-USDT1,470.10.0100get 0.0100% / 8h5h 57m$3K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$37.8
Price spread: −0.012% → 0.000%
−$1.16
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
$23.64
Costs to cover
0.130%
Break-even
2.6 days
Slippage unknown: Hotstuff: no order-book sample; SunX: live order book, 6 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 SunX live order book, 6 min ago29.04 bp67.7 bp −$68doesn't fitdoesn'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 50 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%1h1,453.2−1.162%$33K$272K12xas long as short
Ondo Perps ZEC-USD.P−0.0378%1h1,466.9−0.231%$398K$441K5xas long as short
Hotstuff ZEC-PERPlong−0.0080%1h1,470.3long leg$6K$1K10x
dYdX ZEC-USD0.0000%1h1,467.9−0.160%$413K$48K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.7−0.110%$972K$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,467.6−0.184%$84K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.3−0.205%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0032%8h1,467.2−0.209%$293K$984K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0033%1h1,467.9−0.164%$611K$1.3M25xas long as short
01 Exchange ZECUSD+0.0048%1h1,467.8−0.169%$8K$8K5xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,467.2−0.208%$383K100xas long as short
Phoenix ZEC+0.0070%1h1,469.6−0.046%$4.6M$1.4M10xas long as short
Variational Omni ZEC+0.0079%8h1,468.1−0.149%$48.0M$32.4Mas long as short
OKX ZEC-USDT-SWAP+0.0095%8h1,465.7−0.314%$180.6M$1.24B50xas long as short
Popdex ZECUSDT+0.0096%1h1,467.8−0.170%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,467.4−0.199%$16K$845K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468−0.159%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,468.2−0.146%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.3−0.136%$764.9M$435.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,466.8−0.239%$14.7M$29.0M75xas long as short
Pacifica ZEC+0.0100%1h1,468−0.158%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,465.6−0.318%$677.5M$2.25B75xas long as short
Bybit ZECUSDT+0.0100%8h1,465.6−0.323%$271.3M$605.1M75xas long as short
Bulk ZEC-USD+0.0100%1h1,466.6−0.253%$890K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,465.9−0.299%$50.1M$169.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,466.1−0.283%$215.8M$767.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466.6−0.255%$103.1M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.2−0.279%$162.9M$275.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,465.7−0.312%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,468−0.154%$571K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468.3−0.133%$3.0M$430K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,468.3−0.134%$427K$880K50xas long as short
StandX ZEC-USD+0.0100%1h1,469.9−0.024%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,467.5−0.190%$343K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.3−0.207%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.8−0.305%$447K$512K6.7xas long as short
SunX ZEC-USDTshort+0.0100%8h1,470.1−0.012%$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,467.5−0.190%$242K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.7−0.243%$2.5M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.9−0.166%$3.9M$5.2M50xas long as short
Extended ZEC-USD+0.0104%1h1,465.9−0.302%$2.8M$7.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.1−0.221%$48K$155K20xas long as short
Lighter ZEC+0.0136%1h1,468.9−0.098%$19.2M$45.8M20xas long as short
Kraken Futures PF_ZECUSD+0.0194%1h1,467.5−0.193%$18.1M$43.4M25xas long as short
Arcus ZEC-USD+0.0277%1h1,469.8−0.035%$690K$8.5M10xas long as short
Lighter RH ZEC+0.0288%1h1,469.3−0.066%$2.1M$6.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0378%1h1,467.8−0.173%$2.4M$3.8M15xas long as short
RISEx ZEC/USDC+0.0409%1h1,468.3−0.135%$852K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,468.6−0.115%$3.6M$8.9M50xas long as short
Aftermath Perps ZECUSD+0.0733%1h1,469−0.087%$43K$46K10xas long as short