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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.063%
Price spread now: 01 Exchange against Hyperliquid−0.042%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and 01 Exchange is 0.042% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ZEC1,468.10.0100pay 0.0013% / 1h10m 06s$762.6M$454.9M10x
Short01 Exchange ZECUSD1,467.50get 0.0000% / 1h10m 06s$8K$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$21
Price spread: −0.042% → 0.000%
−$4.16
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$41.16
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 4 min ago; 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 Hyperliquid live order book, 4 min ago0.34 bp5.3 bp −$57.3 bp −$73doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
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−0.3321%1h1,467.7−0.031%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,467.1−0.065%$17.9M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0118%1h1,466.6−0.102%$398K$517K5xas long as short
BloFin ZEC-USDT−0.0116%8h1,467.7−0.030%$29.7M$72.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.5−0.041%$6K$2K10xas long as short
Variational Omni ZEC−0.0021%8h1,466.4−0.118%$47.6M$33.6Mas long as short
dYdX ZEC-USD0.0000%1h1,466.4−0.116%$413K$103K5xas long as short
01 Exchange ZECUSDshort0.0000%1h1,467.5−0.042%$8K$9K5x
Kalshi KXZECPERP0.0000%8h1,469.4+0.089%$960K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,466.5−0.112%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.3−0.054%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0020%8h1,467−0.074%$293K$1.1M20xas long as short
Phoenix ZEC+0.0054%1h1,469.7+0.109%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,467.1−0.066%$377K100xas long as short
OKX ZEC-USDT-SWAP+0.0064%8h1,467.5−0.042%$181.3M$1.29B50xas long as short
Popdex ZECUSDT+0.0096%1h1,467.2−0.060%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,467−0.078%$12K$847K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,467.3−0.057%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.5−0.043%$2.6M$6.6M10xas long as short
Hyperliquid ZEClong+0.0100%1h1,468.1long leg$762.6M$454.9M10x
Aster ZECUSDT+0.0100%8h1,467.1−0.069%$14.9M$31.4M75xas long as short
Pacifica ZEC+0.0100%1h1,467.6−0.033%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,467.2−0.063%$681.9M$2.36B75xas long as short
Bybit ZECUSDT+0.0100%8h1,466.8−0.087%$272.8M$628.9M75xas long as short
Arcus ZEC-USD+0.0100%1h1,468.9+0.051%$699K$8.6M10xas long as short
Bulk ZEC-USD+0.0100%1h1,465.9−0.151%$892K$22K10xas long as short
Gate ZEC_USDT+0.0100%8h1,467.4−0.047%$50.3M$181.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.1−0.067%$226.7M$829.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.4−0.050%$104.0M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.6−0.035%$163.2M$290.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,468−0.010%$100.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,466.3−0.121%$570K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.2−0.058%$3.0M$447K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,466.1−0.139%$426K$881K50xas long as short
StandX ZEC-USD+0.0100%1h1,466.5−0.110%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,467.1−0.068%$339K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.2−0.063%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.6−0.170%$457K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.5+0.097%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.1−0.067%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467.2−0.061%$2.5M$19.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.5−0.039%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,467.1−0.065%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.2−0.058%$54K$164K20xas long as short
RISEx ZEC/USDC+0.0228%1h1,467.9−0.012%$852K$1.0M10xas long as short
Lighter ZEC+0.0240%1h1,468.7+0.043%$19.1M$50.6M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0273%1h1,468−0.009%$604K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,469.3+0.079%$3.7M$9.6M50xas long as short
Backpack ZEC_USDC_PERP+0.0506%1h1,467.9−0.012%$2.5M$3.9M15xas long as short
Lighter RH ZEC+0.0712%1h1,469.1+0.069%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0759%1h1,468−0.004%$43K$46K10xas long as short