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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.067%
Price spread now: Aster against Hyperliquid−0.096%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$220.222% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.363%−$36 on $10k
Price spread, last 7 days+0.019%+$2 · spread now −0.096%, 7d avg −0.050%
Together, before fees−0.344%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.046% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ZEC1,473.70.0100pay 0.0013% / 1h7m 27s$763.4M$472.5M10x
ShortAster ZECUSDT1,472.30.0100get 0.0100% / 8h7m 27s$15.0M$32.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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
Price spread: −0.096% → −0.050%
−$4.59
Slippage, 4 orders
−$5.23
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$26.82
Costs to cover
0.222%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; Aster: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 7 min ago1.02 bp5.8 bp −$67.2 bp −$7213.1 bp −$1,314doesn't fit
Sell Aster live order book, 2 min ago0.03 bp5.3 bp −$58.1 bp −$8117.9 bp −$1,785144.2 bp −$72.1K

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−0.3089%1h1,474.5+0.055%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0258%1h1,472−0.115%$400K$521K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,472.7−0.069%$17.9M$44.2M25xas long as short
Bybit ZECUSDT−0.0114%8h1,471.7−0.135%$274.8M$651.3M75xas long as short
BloFin ZEC-USDT−0.0107%8h1,474.2+0.032%$29.7M$74.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.4−0.087%$6K$2K10xas long as short
Variational Omni ZEC−0.0058%8h1,472.3−0.095%$47.5M$34.3Mas long as short
dYdX ZEC-USD0.0000%1h1,473.1−0.044%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,472.3−0.096%$959K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,472.6−0.073%$84K$406K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,473.3−0.029%$615K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.8−0.059%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,473−0.048%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,472.4−0.088%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,473.6−0.009%$4.7M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0039%8h1,472.2−0.099%$181.5M$1.34B50xas long as short
Gate ZEC_USDT+0.0048%8h1,472.3−0.093%$51.3M$187.8M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,472.6−0.072%$372K100xas long as short
ApeX Omni ZECUSDT+0.0055%1h1,473.5−0.016%$432K$844K50xas long as short
Lighter ZEC+0.0096%1h1,473.9+0.014%$19.2M$52.6M20xas long as short
Popdex ZECUSDT+0.0096%1h1,472.5−0.080%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,473.6−0.005%$19K$851K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.6−0.075%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473−0.046%$2.6M$6.8M10xas long as short
Hyperliquid ZEClong+0.0100%1h1,473.7long leg$763.4M$472.5M10x
Aster ZECUSDTshort+0.0100%8h1,472.3−0.096%$15.0M$32.5M75x
Pacifica ZEC+0.0100%1h1,472.9−0.052%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.5−0.085%$683.5M$2.45B75xas long as short
Arcus ZEC-USD+0.0100%1h1,474.1+0.028%$696K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,472.8−0.062%$896K$38K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.3−0.096%$226.2M$845.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.4−0.092%$104.5M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.4−0.088%$163.6M$300.8M75xas long as short
BingX ZEC-USDT+0.0100%8h1,472.3−0.094%$101.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,472.4−0.086%$513K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.4+0.048%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,473.5−0.012%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.2−0.102%$335K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.1−0.106%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.9−0.189%$458K$508K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475.5+0.119%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.4−0.087%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.8−0.128%$2.5M$22.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.3−0.026%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,472.8−0.058%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.6−0.076%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,473.7−0.001%$830K$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0403%1h1,473.3−0.027%$2.5M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,474.9+0.084%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0440%1h1,474.6+0.061%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0766%1h1,473.7−0.002%$46K$47K10xas long as short