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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: SoDEX against Paradex−0.056%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 3 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: SoDEX is 0.056% cheaper against Paradex than usual: you would sell low and buy high, −$6 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-PERP1,460.90.0100pay 0.0100% / 8h3h 18m$60K$43K10x
ShortSoDEX ZEC-USD1,460.10.0100get 0.0013% / 1h18m 36s$234K$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
Price spread: −0.056% → 0.000%
−$5.64
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$17.64
Costs to cover
0.120%
Break-even
3811563.1 days
Slippage unknown: Paradex: no order-book sample; SoDEX: live order book, just now. 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 SoDEX live order book, just now1.03 bp5.1 bp −$514.8 bp −$148105.2 bp −$10.5Kdoesn't fit
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%1h1,460.5−0.024%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,461+0.005%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,460.7−0.014%$29.5M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,460.90.000%$406K$41K5xas long as short
Perpl ZEC0.0000%43m1,459.3−0.110%$83K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,458.7−0.150%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,458.8−0.145%$292K$922K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0086% / S −0.0037%1h1,458.6−0.158%$435K100xas long as short
Popdex ZECUSDT+0.0096%1h1,459.2−0.116%$174K$1.6M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,460.90.000%$14K$810K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ZEC-USD-PERPlong+0.0100%8h1,460.9long leg$60K$43K10x
Nado ZEC-PERP+0.0100%1h1,460.5−0.027%$2.8M$6.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,461.2+0.024%$14.5M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,461.5+0.042%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,461.2+0.019%$672.2M$2.18B75xas long as short
Bybit ZECUSDT+0.0100%8h1,460.4−0.032%$261.4M$589.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,460.4−0.036%$179.2M$1.20B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458.4−0.171%$396K$435K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.9−0.205%$881K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,460.2−0.046%$51.8M$172.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,461.1+0.015%$219.2M$771.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.7−0.013%$103.1M$53.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,460.8−0.010%$165.7M$268.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,460.2−0.048%$106.6Mas long as short
Variational Omni ZEC+0.0100%8h1,459.8−0.076%$47.8M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,459.6−0.086%$568K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,461.4+0.035%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,460.7−0.016%$403K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,460.5−0.026%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,459.1−0.123%$355K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,458.8−0.141%$160K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,457.8−0.211%$445K$504K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,461.7+0.057%$3K$1.1M20xas long as short
SoDEX ZEC-USDshort+0.0100%1h1,460.1−0.056%$234K$3.2M10x
HTX ZEC-USDT+0.0100%8h1,458.6−0.158%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,460.7−0.013%$3.8M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,460.5−0.027%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,458.8−0.146%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,461.1+0.016%$4.6M$1.3M10xas long as short
Lighter RH ZEC+0.0120%1h1,462.3+0.098%$2.1M$7.0M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,460−0.059%$8K$7K5xas long as short
Hyperliquid ZEC+0.0144%1h1,462.5+0.110%$762.0M$424.6M10xas long as short
Lighter ZEC+0.0152%1h1,462.4+0.102%$19.4M$45.3M20xas long as short
Kalshi KXZECPERP+0.0197%8h1,460.3−0.041%$1.5M$4.4M2.2xas long as short
RISEx ZEC/USDC+0.0216%1h1,460.7−0.010%$924K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0232%1h1,461.4+0.035%$2.4M$3.8M15xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0238%1h1,459.7−0.079%$614K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0332%1h1,460.3−0.044%$18.1M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,462+0.076%$686K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,462+0.078%$3.8M$9.2M50xas long as short
Aftermath Perps ZECUSD+0.0677%1h1,459−0.131%$45K$49K10xas long as short