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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%
Price spread now: Bulk against Paradex+0.232%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.232% dearer against Paradex than usual: you sell high and buy low, +$23 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ZEC-USD-PERP1,454.10.0100pay 0.0100% / 8h5h 08m$60K$43K10x
ShortBulk ZEC-USD1,457.50.0100get 0.0013% / 1h8m 33s$883K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Paradex. 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
$0.03
Price spread: +0.232% → 0.000%
$23.18
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$12.21
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Bulk: live order book, 56 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 Paradex no order-book sample
Sell Bulk live order book, 56 min ago0.03 bp3.5 bp −$43.5 bp −$357.5 bp −$74615.9 bp −$7,969
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3244%1h1,455.6+0.102%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,453.9−0.014%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0078%8h1,453−0.072%$29.3M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,452.5−0.110%$409K$42K5xas long as short
Kalshi KXZECPERP0.0000%8h1,454−0.006%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,453.2−0.064%$83K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452.9−0.083%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0052%8h1,452.6−0.100%$291K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,452.8−0.091%$408K100xas long as short
Phoenix ZEC+0.0074%1h1,455+0.062%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,452.5−0.107%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,452.6−0.102%$12K$868K10xas long as short
Paradex ZEC-USD-PERPlong+0.0100%8h1,454.1long leg$60K$43K10x
Nado ZEC-PERP+0.0100%1h1,453.6−0.034%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,454.7+0.043%$755.9M$433.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,453.3−0.056%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,453.8−0.021%$1.6M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,452.5−0.107%$665.0M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,451.7−0.163%$262.1M$606.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,452.4−0.115%$177.6M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.3+0.084%$396K$432K5xas long as short
Bulk ZEC-USDshort+0.0100%1h1,457.5+0.232%$883K$21K10x
Gate ZEC_USDT+0.0100%8h1,453.1−0.067%$50.0M$175.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,453.3−0.052%$213.5M$781.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,453.9−0.014%$101.9M$55.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,453−0.074%$161.4M$273.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,452.9−0.082%$96.7Mas long as short
Variational Omni ZEC+0.0100%8h1,456.4+0.158%$47.6M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,457.1+0.206%$568K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,457.6+0.239%$3.0M$432K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,456.2+0.144%$410K$911K50xas long as short
StandX ZEC-USD+0.0100%1h1,458+0.272%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,452.8−0.088%$367K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,453−0.077%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451.8−0.154%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,455.3+0.085%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.9−0.082%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,452.6−0.100%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,453.6−0.036%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,452.7−0.092%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,452.4−0.119%$47K$153K20xas long as short
Backpack ZEC_USDC_PERP+0.0106%1h1,453.9−0.014%$2.4M$3.8M15xas long as short
01 Exchange ZECUSD+0.0136%1h1,452.6−0.101%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,452.6−0.103%$18.0M$44.7M25xas long as short
Lighter ZEC+0.0232%1h1,455.2+0.075%$19.1M$46.8M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0275%1h1,453.5−0.040%$611K$1.3M25xas long as short
Arcus ZEC-USD+0.0277%1h1,454.7+0.042%$719K$8.5M10xas long as short
Lighter RH ZEC+0.0360%1h1,455.4+0.089%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,453.2−0.063%$831K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,454.2+0.011%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0692%1h1,457.3+0.224%$45K$49K10xas long as short