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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against Pacifica−0.113%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$4 on $10k
Price spread, last 4 days (all we have)+0.175%+$18 · spread now −0.113%, 7d avg −0.038%
Together, before fees+0.220%+ Points / potential airdropPacifica: Active · farm board+$22 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: HTX is 0.075% cheaper against Pacifica than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ZEC1,503.80.0100pay 0.0013% / 1h17m 45s$1.7M$2.4M10x
ShortHTX ZEC-USDT1,502.10.0100get 0.0100% / 8h17m 45s$2.7M$20.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Pacifica. 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: −0.113% → −0.038%
−$7.5
Slippage, 4 orders
−$12.02
Fee Pacifica: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$39.52
Costs to cover
0.320%
Break-even
never at this rate
Slippage from Pacifica: live order book, 1 min ago; HTX: live order book, 1 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 Pacifica live order book, 1 min ago1.73 bp7.5 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 1 min ago2.06 bp8.2 bp −$814.8 bp −$14832.9 bp −$3,290doesn'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−0.3442%1h1,479.6−1.611%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,502.3−0.101%$62K$303K10xas long as short
BloFin ZEC-USDT−0.0148%8h1,504.3+0.031%$31.3M$76.0M75xas long as short
Bulk ZEC-USD−0.0108%1h1,495.7−0.538%$810K$100K10xas long as short
Aftermath Perps ZECUSD−0.0100%1h1,497.3−0.432%$48K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,503.4−0.029%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,503.9+0.006%$418K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,504.3+0.034%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,503.8−0.003%$5.4M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,504.5+0.048%$18.0M$47.1M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ZEC-USD.P+0.0043%1h1,498−0.386%$408K$555K5xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,503.7−0.004%$303K$864K20xas long as short
01 Exchange ZECUSD+0.0088%1h1,503.5−0.017%$8K$6K5xas long as short
Phoenix ZEC+0.0096%1h1,496−0.518%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,503−0.053%$183K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,503.5−0.021%$12K$891K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,503.7−0.004%$62K$20K10xas long as short
Nado ZEC-PERP+0.0100%1h1,504.7+0.061%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,505.9+0.140%$786.7M$439.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,503.5−0.019%$14.1M$30.9M75xas long as short
Pacifica ZEClong+0.0100%1h1,503.8long leg$1.7M$2.4M10x
Binance ZECUSDT+0.0100%8h1,504+0.016%$703.7M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,504.9+0.075%$270.5M$617.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,505.2+0.096%$183.9M$1.35B50xas long as short
Gate ZEC_USDT+0.0100%8h1,503.6−0.011%$56.9M$185.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,503.9+0.005%$242.0M$804.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,504+0.013%$103.2M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,505.4+0.107%$162.8M$289.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,503.6−0.015%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,495.2−0.573%$48.9M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,493.9−0.657%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,496.3−0.499%$3.1M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,494.6−0.612%$411K$946K50xas long as short
StandX ZEC-USD+0.0100%1h1,502.4−0.094%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,503−0.053%$361K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,503.7−0.008%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,502.7−0.073%$459K$469K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,506.1+0.156%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,503.8+0.001%$254K$3.4M10xas long as short
HTX ZEC-USDTshort+0.0100%8h1,502.1−0.113%$2.7M$20.7M75x
Phemex ZECUSDT+0.0100%8h1,503.6−0.016%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,503.6−0.015%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,503.9+0.010%$43K$151K20xas long as short
Lighter RH ZEC+0.0112%1h1,504.9+0.074%$2.1M$7.4M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0115%1h1,504.6+0.056%$687K$1.4M25xas long as short
RISEx ZEC/USDC+0.0128%1h1,503.5−0.017%$946K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0146% / S −0.0143%1h1,504+0.011%$334K100xas long as short
Lighter ZEC+0.0208%1h1,505.1+0.086%$20.0M$45.8M20xas long as short
Arcus ZEC-USD+0.0403%1h1,504.3+0.034%$610K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,504.8+0.069%$3.7M$9.8M50xas long as short
Backpack ZEC_USDC_PERP+0.0524%1h1,504.3+0.030%$2.3M$3.8M15xas long as short