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+0.0055%/8h= +6.0% APRpaid last 24h +0.025%
Price spread now: Extended against OKX−0.069%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$190.191% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.225%+$22 on $10k
Price spread, last 7 days+0.043%+$4 · spread now −0.069%, 7d avg −0.030%
Together, before fees+0.268%+ Points / potential airdropExtended: Active · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.039% cheaper against OKX than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.030%). If the spread goes back, that is −$4 on $10k: about 2.4 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZEC-USDT-SWAP1,471.50.0049pay 0.0049% / 8h7h 30m$181.8M$1.30B50x
ShortExtended ZEC-USD1,470.50.0104get 0.0013% / 1h30m 09s$3.2M$7.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
$11.59
Price spread: −0.069% → −0.030%
−$3.9
Slippage, 4 orders
−$4.14
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$11.45
Costs to cover
0.191%
Break-even
13.9 days
Slippage from OKX: live order book, 4 min ago; Extended: live order book, 4 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 OKX live order book, 4 min ago0.03 bp5.0 bp −$57.2 bp −$7218.5 bp −$1,851doesn't fit
Sell Extended live order book, 4 min ago0.88 bp5.2 bp −$59.9 bp −$9952.7 bp −$5,273doesn'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−0.3321%1h1,472.2+0.044%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0342%1h1,471.7+0.010%$17.9M$42.9M25xas long as short
Ondo Perps ZEC-USD.P−0.0119%1h1,467.9−0.247%$399K$518K5xas long as short
BloFin ZEC-USDT−0.0102%8h1,469.7−0.126%$29.7M$73.1M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.3−0.085%$6K$2K10xas long as short
Bybit ZECUSDT−0.0062%8h1,471.6+0.001%$274.4M$635.0M75xas long as short
Variational Omni ZEC−0.0053%8h1,469−0.169%$47.6M$33.8Mas long as short
dYdX ZEC-USD0.0000%1h1,469.9−0.111%$414K$103K5xas long as short
Kalshi KXZECPERP0.0000%8h1,470.7−0.056%$959K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,469.7−0.124%$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%1h1,470.3−0.083%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,470.7−0.055%$294K$1.3M20xas long as short
01 Exchange ZECUSD+0.0024%1h1,470.3−0.087%$8K$8K5xas long as short
OKX ZEC-USDT-SWAPlong+0.0049%8h1,471.5long leg$181.8M$1.30B50x
Phoenix ZEC+0.0054%1h1,470.8−0.050%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,470.3−0.082%$378K100xas long as short
Popdex ZECUSDT+0.0096%1h1,469.8−0.115%$179K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,470.1−0.101%$14K$832K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470.2−0.088%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470.6−0.066%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.8+0.086%$763.8M$455.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,470.6−0.060%$14.9M$31.8M75xas long as short
Pacifica ZEC+0.0100%1h1,470.5−0.069%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.6+0.007%$685.2M$2.38B75xas long as short
Arcus ZEC-USD+0.0100%1h1,471.6+0.005%$699K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471−0.037%$895K$25K10xas long as short
Gate ZEC_USDT+0.0100%8h1,471.5−0.003%$51.3M$179.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.8+0.020%$231.9M$825.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,470.7−0.054%$104.8M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.8+0.018%$163.7M$292.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,471−0.035%$100.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,468.4−0.212%$571K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468.3−0.219%$3.0M$466K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.9−0.112%$430K$866K50xas long as short
StandX ZEC-USD+0.0100%1h1,470.6−0.063%$110K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470−0.104%$340K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,470.3−0.083%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.9−0.179%$458K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.4+0.056%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.3−0.019%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470.6−0.065%$2.5M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472+0.034%$3.9M$5.3M50xas long as short
Extended ZEC-USDshort+0.0104%1h1,470.5−0.069%$3.2M$7.0M10x
Aevo ZEC-PERP+0.0104%1h1,470.4−0.080%$56K$167K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0190%1h1,471.3−0.014%$605K$1.3M25xas long as short
Lighter ZEC+0.0200%1h1,473.1+0.105%$19.2M$50.4M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,470.8−0.052%$852K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,473+0.096%$3.8M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0527%1h1,472.4+0.061%$2.5M$3.8M15xas long as short
Aftermath Perps ZECUSD+0.0772%1h1,471.3−0.013%$44K$47K10xas long as short
Lighter RH ZEC+0.0800%1h1,474+0.168%$2.0M$8.1M10xas long as short