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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.028%
Price spread now: SunX against Lighter+0.100%7-day average +0.036% · 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 7 days−0.161%−$16 on $10k
Price spread, last 3 days (all we have)+0.111%+$11 · spread now +0.100%, 7d avg +0.036%
Together, before fees−0.050%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.063% dearer against Lighter than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of +0.036%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.161% in total) that is about 2.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ZEC1,473.30.0120pay 0.0015% / 1h4m 27s$19.1M$52.8M20x
ShortSunX ZEC-USDT1,474.80.0100get 0.0100% / 8h1h 04m$3K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Lighter. 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
−$4.2
Price spread: +0.100% → +0.036%
$6.34
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$5.86
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 9 min ago; SunX: live order book, 9 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 Lighter live order book, 9 min ago0.60 bp0.6 bp −$12.7 bp −$2710.7 bp −$1,07465.5 bp −$32.8K
Sell SunX live order book, 9 min ago491.17 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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−0.3310%1h1,472−0.093%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0403%1h1,471.7−0.114%$17.9M$44.9M25xas long as short
Ondo Perps ZEC-USD.P−0.0262%1h1,470.5−0.193%$398K$517K5xas long as short
BloFin ZEC-USDT−0.0108%8h1,471.5−0.129%$29.3M$75.7M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,471.4−0.130%$6K$2K10xas long as short
Bybit ZECUSDT−0.0075%8h1,471.1−0.154%$272.5M$665.5M75xas long as short
Variational Omni ZEC−0.0036%8h1,470.8−0.175%$46.7M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,472.4−0.068%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473−0.024%$889K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,471.5−0.127%$84K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,472.4−0.062%$599K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.1−0.085%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0009%8h1,471.7−0.115%$294K$1.4M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0009%1h1,471.9−0.095%$359K100xas long as short
OKX ZEC-USDT-SWAP+0.0039%8h1,471.4−0.131%$178.5M$1.35B50xas long as short
Gate ZEC_USDT+0.0045%8h1,471.5−0.126%$50.2M$187.6M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,472.1−0.085%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,473.5+0.011%$4.6M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,471.6−0.120%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,472.5−0.057%$10K$822K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.1−0.153%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,471.7−0.109%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.6−0.051%$764.2M$479.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.8−0.107%$15.6M$32.4M75xas long as short
Pacifica ZEC+0.0100%1h1,471.8−0.105%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.6−0.117%$679.1M$2.47B75xas long as short
Bulk ZEC-USD+0.0100%1h1,467.7−0.381%$906K$27K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.6−0.120%$223.4M$872.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471.6−0.117%$103.9M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.3−0.069%$162.8M$304.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,471.4−0.132%$102.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,468.6−0.321%$512K$9.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468.9−0.301%$3.0M$482K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.2−0.284%$431K$826K50xas long as short
StandX ZEC-USD+0.0100%1h1,473.2−0.012%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471.5−0.125%$347K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.5−0.124%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.2−0.212%$448K$502K6.7xas long as short
SunX ZEC-USDTshort+0.0100%8h1,474.8+0.100%$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,471.4−0.133%$226K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.9−0.098%$2.5M$23.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.2−0.081%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,472.1−0.085%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.1−0.084%$37K$366K20xas long as short
Lighter ZEClong+0.0120%1h1,473.3long leg$19.1M$52.8M20x
RISEx ZEC/USDC+0.0190%1h1,472.1−0.081%$834K$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0204%1h1,472.3−0.069%$2.4M$3.7M15xas long as short
Lighter RH ZEC+0.0408%1h1,473.8+0.027%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,474+0.047%$3.8M$11.5M50xas long as short
Arcus ZEC-USD+0.0444%1h1,472.8−0.040%$717K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0606%1h1,470.8−0.175%$41K$34K10xas long as short