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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against Polymarket Perps+0.094%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$590.590% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.194%+$19 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.094%, 7d avg +0.015%
Together, before fees+0.264%+$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.080% dearer against Polymarket Perps than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,493.10.0100pay 0.0013% / 1h21m 45s$357K$1.6M10x
ShortAevo ZEC-PERP1,494.50.0104get 0.0013% / 1h21m 45s$43K$151K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Polymarket Perps. 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
$0.84
Price spread: +0.094% → +0.015%
$7.99
Slippage, 4 orders
−$35.01
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$50.18
Costs to cover
0.590%
Break-even
425.1 days
Slippage from Polymarket Perps: live order book, 2 min ago; Aevo: live order book, 17 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 Polymarket Perps live order book, 2 min ago2.34 bp6.3 bp −$69.0 bp −$9025.4 bp −$2,540doesn't fit
Sell Aevo live order book, 17 min ago6.99 bp28.3 bp −$2842.8 bp −$428doesn't fitdoesn'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−0.3442%1h1,478.8−0.956%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,493−0.009%$61K$303K10xas long as short
BloFin ZEC-USDT−0.0144%8h1,494.6+0.102%$31.1M$75.5M75xas long as short
Aftermath Perps ZECUSD−0.0105%1h1,494.3+0.083%$48K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,494.6+0.098%$6K$1K10xas long as short
Bulk ZEC-USD−0.0053%1h1,491.1−0.131%$858K$48K10xas long as short
dYdX ZEC-USD0.0000%1h1,494.9+0.123%$415K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,495.1+0.131%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,494.2+0.076%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,494.9+0.122%$17.9M$47.0M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ZEC-USD.P+0.0038%1h1,493.6+0.033%$408K$554K5xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,494.7+0.104%$301K$864K20xas long as short
01 Exchange ZECUSD+0.0088%1h1,493.6+0.036%$8K$6K5xas long as short
Phoenix ZEC+0.0096%1h1,494.2+0.074%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,493.2+0.004%$182K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,493.3+0.012%$17K$881K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,493.5+0.027%$62K$20K10xas long as short
Nado ZEC-PERP+0.0100%1h1,494+0.060%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,495.7+0.174%$781.4M$438.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,493.8+0.045%$14.0M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,494.7+0.107%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,494.3+0.081%$700.0M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,494.5+0.092%$267.8M$616.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,494.7+0.108%$183.8M$1.33B50xas long as short
Gate ZEC_USDT+0.0100%8h1,494+0.061%$56.5M$185.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,494.6+0.102%$238.2M$802.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,494.2+0.076%$102.7M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,494.5+0.096%$161.4M$288.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,494.2+0.073%$116.9Mas long as short
Variational Omni ZEC+0.0100%8h1,492.9−0.015%$48.8M$34.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,492.8−0.019%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,492.1−0.065%$3.1M$514K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,491.9−0.080%$411K$945K50xas long as short
StandX ZEC-USD+0.0100%1h1,494.4+0.086%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,493.1long leg$357K$1.6M10x
Bullet ZEC-USD+0.0100%1h1,494.1+0.070%$164K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,493.5+0.026%$456K$469K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,496.3+0.216%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,494.8+0.115%$253K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,493.4+0.017%$2.7M$20.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,494.8+0.114%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,494.3+0.082%$2.8M$7.9M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,494.5+0.094%$43K$151K20x
Deribit ZEC_USDC-PERPETUAL+0.0109%1h1,495.3+0.147%$683K$1.4M25xas long as short
Lighter RH ZEC+0.0120%1h1,496.2+0.206%$2.1M$7.4M10xas long as short
RISEx ZEC/USDC+0.0128%1h1,493.7+0.042%$940K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0144% / S −0.0141%1h1,494.5+0.091%$332K100xas long as short
Lighter ZEC+0.0208%1h1,496.4+0.218%$19.8M$45.6M20xas long as short
Arcus ZEC-USD+0.0403%1h1,494.9+0.119%$617K$8.7M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,496.6+0.234%$3.7M$9.9M50xas long as short
Backpack ZEC_USDC_PERP+0.0538%1h1,494.8+0.111%$2.3M$3.8M15xas long as short