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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%
Price spread now: Polymarket Perps against OKX−0.271%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$260.258% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 7 days+0.164%+$16 · spread now −0.271%, 7d avg −0.014%
Together, before fees+0.166%+$17 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: Polymarket Perps is 0.257% cheaper against OKX than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZEC-USDT-SWAP1,476.20.0100pay 0.0100% / 8h2h 30m$179.5M$1.22B50x
ShortPolymarket Perps ZEC-USD1,472.20.0100get 0.0013% / 1h30m 01s$361K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$0
Price spread: −0.271% → −0.014%
−$25.7
Slippage, 4 orders
−$7.82
Fee OKX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$51.52
Costs to cover
0.258%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Polymarket Perps: 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 bp6.0 bp −$69.4 bp −$9419.5 bp −$1,948doesn't fit
Sell Polymarket Perps live order book, 4 min ago2.04 bp8.0 bp −$811.0 bp −$110doesn'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−0.3243%1h1,473.3−0.198%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.4−0.391%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0079%8h1,472.6−0.241%$29.9M$71.2M75xas long as short
dYdX ZEC-USD0.0000%1h1,473.8−0.160%$410K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.8−0.166%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,473−0.217%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.9−0.224%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,472.9−0.223%$294K$896K20xas long as short
01 Exchange ZECUSD+0.0064%1h1,473−0.215%$8K$7K5xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0088%1h1,473.4−0.189%$620K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0090%8h1,476.1−0.007%$262.5M$589.0M75xas long as short
Phoenix ZEC+0.0092%1h1,470.9−0.359%$4.7M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,472.6−0.245%$174K$1.6M50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0098% / S −0.0052%1h1,472.6−0.245%$439K100xas long as short
Katana Perps ZEC-USD+0.0100%8h1,472.1−0.280%$13K$812K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,473.3−0.196%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.4−0.193%$2.9M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,477.2+0.068%$769.0M$419.3M10xas long as short
Aster ZECUSDT+0.0100%8h1,476.20.000%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,473.3−0.197%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,476.20.000%$681.9M$2.16B75xas long as short
OKX ZEC-USDT-SWAPlong+0.0100%8h1,476.2long leg$179.5M$1.22B50x
Ondo Perps ZEC-USD.P+0.0100%1h1,466.9−0.630%$399K$430K5xas long as short
Bulk ZEC-USD+0.0100%1h1,472.4−0.257%$889K$15K10xas long as short
Gate ZEC_USDT+0.0100%8h1,474.8−0.098%$53.5M$171.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,475.5−0.045%$223.1M$762.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473.7−0.170%$103.6M$52.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,476−0.016%$167.1M$267.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,474.9−0.088%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,471.5−0.321%$48.3M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,469−0.487%$555K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.2−0.269%$3.0M$455K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470.8−0.366%$407K$926K50xas long as short
StandX ZEC-USD+0.0100%1h1,471.7−0.302%$49K$4.6M30xas long as short
Polymarket Perps ZEC-USDshort+0.0100%1h1,472.2−0.271%$361K$1.7M10x
Bullet ZEC-USD+0.0100%1h1,472.8−0.233%$162K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,471.8−0.295%$449K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475.2−0.066%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,473−0.220%$236K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.6−0.315%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.2−0.206%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,473−0.214%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.9−0.224%$46K$152K20xas long as short
Lighter RH ZEC+0.0128%1h1,474.4−0.121%$2.1M$7.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0146%1h1,472.7−0.240%$18.0M$45.6M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,473.1−0.210%$930K$1.1M10xas long as short
Lighter ZEC+0.0192%1h1,474.8−0.097%$19.5M$44.0M20xas long as short
Backpack ZEC_USDC_PERP+0.0378%1h1,475−0.083%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,475.5−0.050%$3.8M$9.2M50xas long as short
Arcus ZEC-USD+0.0508%1h1,474.2−0.136%$663K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0695%1h1,470.6−0.380%$45K$49K10xas long as short