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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0179%/8h= −19.6% APRpaid last 24h −0.052%
Price spread now: Hotstuff against Paradex+0.181%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 · Hotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.181% dearer against Paradex than usual: you sell high and buy low (spread +0.181% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ZEC-USD-PERP1,490.70.0099pay 0.0099% / 8h6h 54m$61K$16K10x
ShortHotstuff ZEC-PERP1,493.4−0.0080pay 0.0010% / 1h54m 36s$6K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$37.68
Price spread: +0.181% → 0.000%
$18.14
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$28.54
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Hotstuff: no order-book sample. 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 Hotstuff no order-book sample
Paradex and Hotstuff: 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 50 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−0.3772%1h1,478.9−0.790%$36K$274K12xas long as short
Perpl ZEC−0.0447%43m1,492.8+0.142%$61K$306K10xas long as short
Aftermath Perps ZECUSD−0.0207%1h1,497+0.422%$46K$60K10xas long as short
BloFin ZEC-USDT−0.0179%8h1,493.4+0.179%$31.5M$75.0M75xas long as short
Hotstuff ZEC-PERPshort−0.0080%1h1,493.4+0.181%$6K$1K10x
Ondo Perps ZEC-USD.P−0.0039%1h1,495.3+0.308%$406K$526K5xas long as short
Kalshi KXZECPERP0.0000%8h1,495.5+0.319%$1.5M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,498+0.489%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0009%1h1,494+0.222%$18.3M$47.0M25xas long as short
dYdX ZEC-USD+0.0015%1h1,491.4+0.045%$411K$34K5xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0016%1h1,491.8+0.075%$8K$6K5xas long as short
RISEx ZEC/USDC+0.0077%1h1,490.7−0.003%$998K$1.2M10xas long as short
Orderly PERP_ZEC_USDC+0.0082%8h1,493.4+0.179%$301K$860K20xas long as short
Phoenix ZEC+0.0082%1h1,497.4+0.452%$4.8M$1.4M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0090%1h1,494.2+0.233%$684K$1.3M25xas long as short
Lighter ZEC+0.0096%1h1,491.8+0.076%$19.6M$40.4M20xas long as short
Lighter RH ZEC+0.0096%1h1,492+0.089%$2.1M$7.1M10xas long as short
Popdex ZECUSDT+0.0096%1h1,491.7+0.066%$170K$1.7M50xas long as short
Paradex ZEC-USD-PERPlong+0.0099%8h1,490.7long leg$61K$16K10x
Katana Perps ZEC-USD+0.0100%8h1,491.7+0.068%$15K$883K10xas long as short
Nado ZEC-PERP+0.0100%1h1,494+0.218%$3.1M$7.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,491.8+0.073%$783.2M$432.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,490.7−0.004%$13.9M$29.1M75xas long as short
Pacifica ZEC+0.0100%1h1,491+0.021%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,491.5+0.055%$703.9M$2.27B75xas long as short
Bybit ZECUSDT+0.0100%8h1,490.5−0.013%$272.2M$606.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,490.9+0.013%$184.0M$1.33B50xas long as short
Arcus ZEC-USD+0.0100%1h1,492.4+0.116%$611K$8.7M10xas long as short
Bulk ZEC-USD+0.0100%1h1,498.7+0.535%$771K$152K10xas long as short
Gate ZEC_USDT+0.0100%8h1,491.1+0.024%$60.3M$180.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,490.5−0.016%$407.1M$806.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,491.1+0.029%$102.2M$55.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,491+0.020%$162.7M$290.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,491.3+0.036%$119.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,494.1+0.228%$2.3M$3.7M15xas long as short
Variational Omni ZEC+0.0100%8h1,494.6+0.261%$49.4M$35.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,496.5+0.392%$548K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,497.6+0.464%$3.1M$562K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,496.6+0.394%$411K$956K50xas long as short
StandX ZEC-USD+0.0100%1h1,495.6+0.325%$50K$4.5M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,493.7+0.201%$370K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,493.2+0.168%$167K$190K20xas long as short
SunX ZEC-USDT+0.0100%8h1,495.8+0.343%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,493.5+0.190%$256K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,493.9+0.212%$2.7M$20.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,494.1+0.230%$4.0M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,491.2+0.035%$2.7M$7.5M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,493.6+0.193%$43K$157K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0169% / S −0.0168%1h1,493.1+0.159%$339K100xas long as short
Coinbase International ZEC-PERP-INTX+0.0336%1h1,495.3+0.306%$3.8M$9.8M50xas long as short