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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.028%
Price spread now: dYdX against Paradex−0.069%7-day average · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.069% cheaper against Paradex than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ZEC-USD-PERP1,454.10.0100pay 0.0100% / 8h3h 48m$60K$43K10x
ShortdYdX ZEC-USD1,453.10get 0.0000% / 1h48m 01s$409K$37K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: −0.069% → 0.000%
−$6.85
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$41.85
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; dYdX: live order book, 6 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 dYdX live order book, 6 min ago35.60 bp40.6 bp −$4146.3 bp −$46386.9 bp −$8,693351.8 bp −$175.9K
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−0.3042%1h1,454−0.004%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,453.8−0.021%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,452.9−0.081%$29.4M$70.4M75xas long as short
dYdX ZEC-USDshort0.0000%1h1,453.1−0.069%$409K$37K5x
Kalshi KXZECPERP0.0000%8h1,453.8−0.019%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,453.1−0.069%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452.6−0.104%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,452.6−0.102%$290K$943K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0079% / S −0.0028%1h1,452.2−0.129%$432K100xas long as short
Popdex ZECUSDT+0.0096%1h1,453−0.073%$173K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,452.7−0.093%$10K$848K10xas long as short
Paradex ZEC-USD-PERPlong+0.0100%8h1,454.1long leg$60K$43K10x
Nado ZEC-PERP+0.0100%1h1,454.1+0.004%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,452.5−0.109%$14.7M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,453.9−0.011%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,452.2−0.128%$666.9M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,451.9−0.152%$260.9M$600.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,452.2−0.130%$177.4M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,452.7−0.095%$395K$440K5xas long as short
Bulk ZEC-USD+0.0100%1h1,454−0.005%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,452.4−0.116%$50.5M$170.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,452.6−0.100%$214.2M$765.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,452.6−0.103%$102.4M$53.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,452.4−0.113%$165.1M$270.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,452.4−0.115%$105.5Mas long as short
Variational Omni ZEC+0.0100%8h1,453−0.073%$47.6M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,455.8+0.118%$566K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.5+0.167%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457+0.200%$404K$941K50xas long as short
StandX ZEC-USD+0.0100%1h1,452.9−0.082%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,452.7−0.095%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,452.2−0.129%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451.3−0.193%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,455+0.062%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.3−0.121%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,453.2−0.062%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,453.1−0.070%$3.8M$5.0M50xas long as short
Lighter RH ZEC+0.0104%1h1,453.9−0.014%$2.1M$7.0M10xas long as short
Extended ZEC-USD+0.0104%1h1,452.4−0.114%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,452.6−0.101%$47K$151K20xas long as short
Hyperliquid ZEC+0.0116%1h1,453.8−0.020%$756.2M$428.6M10xas long as short
Phoenix ZEC+0.0116%1h1,454.5+0.031%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,453.1−0.069%$8K$7K5xas long as short
Backpack ZEC_USDC_PERP+0.0151%1h1,452.9−0.080%$2.4M$3.9M15xas long as short
Lighter ZEC+0.0176%1h1,453.9−0.016%$19.2M$44.7M20xas long as short
RISEx ZEC/USDC+0.0216%1h1,453.1−0.066%$919K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0253%1h1,453.4−0.050%$613K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0334%1h1,452.4−0.115%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,455.3+0.082%$689K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,454.5+0.031%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0681%1h1,454.7+0.039%$45K$49K10xas long as short