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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: SoDEX against Pacifica−0.021%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$210.209% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.025%−$3 on $10k
Price spread, last 3 days (all we have)+0.165%+$17 · spread now −0.021%, 7d avg −0.003%
Together, before fees+0.140%+ Points / potential airdropPacifica: Active · farm board+$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ZEC1,472.60.0100pay 0.0013% / 1h44m 13s$1.7M$2.7M10x
ShortSoDEX ZEC-USD1,472.30.0100get 0.0013% / 1h44m 13s$243K$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.021% → −0.003%
−$1.81
Slippage, 4 orders
−$4.89
Fee Pacifica: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$22.69
Costs to cover
0.209%
Break-even
never at this rate
Slippage from Pacifica: live order book, 10 min ago; SoDEX: live order book, 5 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, 10 min ago0.99 bp6.1 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell SoDEX live order book, 5 min ago0.17 bp4.3 bp −$414.3 bp −$143105.5 bp −$10.5Kdoesn'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−0.3678%1h1,475.7+0.211%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.4−0.014%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0063%1h1,473+0.025%$400K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,472.4−0.016%$18.0M$43.4M25xas long as short
dYdX ZEC-USD0.0000%1h1,471.5−0.074%$414K$103K5xas long as short
Kalshi KXZECPERP0.0000%8h1,472.6+0.001%$958K$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,471.7−0.065%$84K$264K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.4−0.016%$5.2M150xas long as short
BloFin ZEC-USDT+0.0012%8h1,475.2+0.174%$29.6M$73.3M75xas long as short
Variational Omni ZEC+0.0016%8h1,474+0.093%$48.1M$33.4Mas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0026%8h1,472−0.040%$294K$1.1M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,472−0.044%$8K$9K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,472.2−0.032%$383K100xas long as short
Phoenix ZEC+0.0070%1h1,473.7+0.073%$4.7M$1.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0080%8h1,472.6−0.006%$181.3M$1.28B50xas long as short
Gate ZEC_USDT+0.0081%8h1,472.2−0.033%$50.1M$174.3M75xas long as short
Popdex ZECUSDT+0.0096%1h1,471.8−0.055%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,471.8−0.058%$14K$832K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.8−0.057%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472.1−0.036%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.1+0.032%$766.7M$450.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,472−0.040%$14.9M$31.0M75xas long as short
Pacifica ZEClong+0.0100%1h1,472.6long leg$1.7M$2.7M10x
Binance ZECUSDT+0.0100%8h1,472.1−0.039%$682.6M$2.34B75xas long as short
Bybit ZECUSDT+0.0100%8h1,472−0.044%$271.8M$626.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,472−0.040%$218.2M$793.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.3−0.026%$103.6M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.4−0.015%$163.3M$286.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,472.6+0.001%$100.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,474.3+0.113%$574K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,476+0.226%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474.5+0.127%$429K$905K50xas long as short
StandX ZEC-USD+0.0100%1h1,472.9+0.015%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471.6−0.070%$341K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.8−0.057%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.9−0.120%$458K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,474.5+0.123%$3K$1.2M20xas long as short
SoDEX ZEC-USDshort+0.0100%1h1,472.3−0.021%$243K$3.8M10x
HTX ZEC-USDT+0.0100%8h1,471.9−0.050%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.6−0.002%$3.9M$5.3M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.6+0.137%$897K$17K10xas long as short
Extended ZEC-USD+0.0104%1h1,472.6−0.005%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.9−0.053%$51K$164K20xas long as short
Lighter RH ZEC+0.0224%1h1,473.9+0.088%$2.1M$7.0M10xas long as short
Arcus ZEC-USD+0.0254%1h1,473.4+0.053%$684K$8.7M10xas long as short
Lighter ZEC+0.0288%1h1,473.7+0.074%$19.2M$48.0M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0321%1h1,473.1+0.034%$606K$1.3M25xas long as short
RISEx ZEC/USDC+0.0374%1h1,472.3−0.024%$855K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,474+0.089%$3.6M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0553%1h1,473.3+0.047%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0735%1h1,474.1+0.097%$44K$46K10xas long as short