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

ZEC

all ZEC markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0196%/8h= +21.4% APRnext payment +$0.24 per $10,000 · paid last 24h +0.058%
Price spread now: StandX against Kraken Futures−0.384%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$400.399% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.408%+$41 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.384%, 7d avg −0.023%
Together, before fees+0.364%+ Points / potential airdropStandX: Active · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. StandX is 0.361% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.384% now, against its 7-day average of −0.023%). If the spread goes back, that is −$36 on $10k: about 6.2 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ZECUSD1,502.6−0.0096get 0.0012% / 1h16m 49s$18.2M$46.5M25x
ShortStandX ZEC-USD1,496.90.0100get 0.0013% / 1h16m 49s$56K$4.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Kraken Futures. 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
$41.07
Price spread: −0.384% → −0.023%
−$36.09
Slippage, 4 orders
−$21.95
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$34.97
Costs to cover
0.399%
Break-even
13.0 days
Slippage from Kraken Futures: live order book, 2 min ago; StandX: 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 Kraken Futures live order book, 2 min ago3.81 bp12.1 bp −$1215.1 bp −$15123.2 bp −$2,32089.0 bp −$44.5K
Sell StandX live order book, 2 min ago2.67 bp7.3 bp −$711.2 bp −$112doesn't fitdoesn't fit

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−0.3684%1h1,478.1−1.634%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,500.5−0.144%$61K$304K10xas long as short
BloFin ZEC-USDT−0.0157%8h1,502.3−0.020%$30.7M$75.2M75xas long as short
Kraken Futures PF_ZECUSDlong−0.0096%1h1,502.6long leg$18.2M$46.5M25x
Hotstuff ZEC-PERP−0.0080%1h1,497.5−0.346%$6K$1K10xas long as short
Bulk ZEC-USD−0.0051%1h1,487.2−1.031%$898K$9K10xas long as short
dYdX ZEC-USD0.0000%1h1,499.7−0.195%$417K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,502.1−0.036%$1.6M$4.6M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,501.3−0.089%$5.3M150xas long as short
Aftermath Perps ZECUSD+0.0063%1h1,489.6−0.867%$47K$64K10xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0079%8h1,501.2−0.097%$302K$1.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,500.9−0.114%$172K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,500.6−0.138%$12K$876K10xas long as short
Nado ZEC-PERP+0.0100%1h1,501.7−0.066%$2.8M$7.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,501.4−0.080%$14.0M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,499.9−0.183%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,501.9−0.052%$699.8M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,500.9−0.117%$268.6M$634.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,501.1−0.106%$183.6M$1.34B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,497.5−0.343%$406K$522K5xas long as short
Gate ZEC_USDT+0.0100%8h1,502−0.044%$55.2M$185.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,501.6−0.070%$249.2M$792.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,502.4−0.017%$103.3M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,501.3−0.093%$161.5M$289.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,500.9−0.120%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,485.5−1.139%$48.4M$34.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,494.9−0.516%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,497.4−0.349%$3.1M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,488.1−0.967%$410K$942K50xas long as short
StandX ZEC-USDshort+0.0100%1h1,496.9−0.384%$56K$4.6M30x
Polymarket Perps ZEC-USD+0.0100%1h1,500.7−0.130%$360K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,501.4−0.084%$165K$184K20xas long as short
SunX ZEC-USDT+0.0100%8h1,503.6+0.063%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,502.1−0.037%$256K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,502.60.000%$2.7M$20.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,502.3−0.024%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,499.9−0.186%$62K$43K10xas long as short
Extended ZEC-USD+0.0104%1h1,502.2−0.032%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,502.8+0.008%$43K$152K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,501.1−0.105%$8K$7K5xas long as short
RISEx ZEC/USDC+0.0129%1h1,501.1−0.103%$939K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,501.5−0.077%$4.8M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0153% / S −0.0168%1h1,501.4−0.085%$486K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0179%1h1,503.2+0.037%$686K$1.4M25xas long as short
Backpack ZEC_USDC_PERP+0.0197%1h1,503.3+0.045%$2.4M$3.9M15xas long as short
Hyperliquid ZEC+0.0211%1h1,502−0.043%$781.0M$444.0M10xas long as short
Arcus ZEC-USD+0.0221%1h1,501.2−0.096%$619K$8.7M10xas long as short
Lighter RH ZEC+0.0248%1h1,503.8+0.076%$2.1M$7.4M10xas long as short
Lighter ZEC+0.0304%1h1,502.5−0.013%$19.8M$46.3M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,504.4+0.113%$3.7M$10.2M50xas long as short