After costs, if the gap returns to its 7d average, $10k−$53
spread now+0.089%7d average+0.330%fees + slippage, in and out−$29spread needed0.288%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ZEC-USD | 1,475.8 | 0.0100 | pay 0.0013% / 1h | 38m 50s | $318K | $3.2M | 10x |
| Short | Backpack ZEC_USDC_PERP | 1,477.1 | 0.0100 | get 0.0013% / 1h | 38m 50s | $2.2M | $3.7M | 15x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $8.94
- Funding while held
- $0
- Slippage, 4 orders
- −$10.84
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$19.9
- Spread needed to break even
- 0.288%
Slippage from Polymarket Perps: live order book, 7 min ago; Backpack: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 7 min ago | 2.36 bp | 6.4 bp −$6 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 2 min ago | 0.03 bp | 7.0 bp −$7 | 15.9 bp −$159 | doesn't fit | doesn't fit |
ZEC price on every exchange
against the cheapest. Click to use as the short leg.ZEC on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni ZECUSDT | −0.543% | −0.1179% | 1h | $957K | $374K | 50x | as long as short |
| Hotstuff ZEC-PERP | −0.474% | −0.0080% | 1h | $6K | $2K | 10x | as long as short |
| edgeX ZECUSDC | −0.426% | +0.0100% | 4h | $494K | $10.6M | 20x | as long as short |
| Variational Omni ZEC | −0.402% | −0.0073% | 8h | $47.2M | $33.1M | — | as long as short |
| Injective ZEC/USDC PERP | −0.359% | −0.3792% | 1h | $34K | $13K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.244% | −0.0126% | 1h | $402K | $749K | 5x | as long as short |
| StandX ZEC-USD | −0.157% | +0.0100% | 1h | $111K | $3.9M | 30x | as long as short |
| Bybit ZECUSDT | −0.102% | −0.0283% | 8h | $284.7M | $774.1M | 75x | as long as short |
| Phoenix ZEC | −0.097% | 0.0000% | 1h | $4.7M | $1.7M | 10x | as long as short |
| Derive ZEC-PERP | −0.095% | +0.0100% | 1h | $458K | $476K | 6.7x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX ZEC-USD | −0.069% | 0.0000% | 1h | $415K | $119K | 5x | as long as short |
| Katana Perps ZEC-USD | −0.065% | +0.0034% | 8h | $10K | $1.0M | 10x | as long as short |
| BingX ZEC-USDT | −0.062% | +0.0019% | 8h | — | $128.0M | — | as long as short |
| Kalshi KXZECPERP | −0.048% | 0.0000% | 8h | $926K | $6.5M | 2.2x | as long as short |
| Bullet ZEC-USD | −0.047% | +0.0064% | 1h | $51K | $116K | 20x | as long as short |
| Binance ZECUSDT | −0.021% | −0.0009% | 8h | $679.9M | $2.88B | 75x | as long as short |
| Popdex ZECUSDT | −0.020% | +0.0096% | 1h | $174K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ZECUSD | −0.015% | −0.0515% | 1h | $18.0M | $45.7M | 25x | as long as short |
| Pacifica ZEC | −0.013% | +0.0100% | 1h | $1.6M | $3.6M | 10x | as long as short |
| Perpl ZEC | −0.012% | 0.0000% | 43m | $76K | $392K | 10x | as long as short |
| Paradex ZEC-USD-PERP | −0.007% | +0.0092% | 8h | $61K | $38K | 10x | as long as short |
| Aevo ZEC-PERP | −0.006% | +0.0080% | 1h | $39K | $365K | 20x | as long as short |
| BloFin ZEC-USDT | −0.004% | −0.0034% | 8h | $31.3M | $81.6M | 75x | as long as short |
| Polymarket Perps ZEC-USDlong | 0.000% | +0.0100% | 1h | $318K | $3.2M | 10x | |
| GMX ZEC/USD [WBTC.b-USDC] | +0.001% | L +0.0112% / S +0.0018% | 1h | $532K | — | 100x | as long as short |
| Aster ZECUSDT | +0.002% | −0.0056% | 8h | $15.0M | $37.7M | 75x | as long as short |
| gTrade (Gains Network) ZEC/USD | +0.012% | L +0.0007% / S −0.0006% | 1h | $5.2M | — | 150x | as long as short |
| OKX ZEC-USDT-SWAP | +0.014% | −0.0011% | 8h | $179.2M | $1.61B | 50x | as long as short |
| SoDEX ZEC-USD | +0.018% | −0.0043% | 1h | $224K | $5.5M | 10x | as long as short |
| Bitget ZECUSDT | +0.023% | +0.0025% | 8h | $167.0M | $345.7M | 75x | as long as short |
| RISEx ZEC/USDC | +0.030% | +0.0088% | 1h | $843K | $2.8M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.032% | −0.0048% | 1h | $9K | $11K | 5x | as long as short |
| MEXC ZEC_USDT | +0.033% | −0.0008% | 8h | $214.7M | $986.1M | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.037% | −0.0020% | 8h | $267K | $1.6M | 20x | as long as short |
| KuCoin ZECUSDTM | +0.046% | +0.0100% | 8h | $103.5M | $70.0M | 75x | as long as short |
| Gate ZEC_USDT | +0.048% | −0.0136% | 8h | $52.5M | $215.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.054% | +0.0100% | 8h | $3.8M | $6.9M | 50x | as long as short |
| Nado ZEC-PERP | +0.060% | +0.0100% | 1h | $3.0M | $7.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.074% | +0.0100% | 8h | $2.5M | $31.5M | 75x | as long as short |
| Hyperliquid ZEC | +0.081% | +0.0100% | 1h | $785.5M | $654.5M | 10x | as long as short |
| Extended ZEC-USD | +0.084% | +0.0104% | 1h | $3.3M | $4.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERPshort | +0.089% | +0.0100% | 1h | $2.2M | $3.7M | 15x | |
| Lighter ZEC | +0.105% | +0.0096% | 1h | $19.4M | $62.4M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.121% | +0.0351% | 1h | $578K | $1.4M | 25x | as long as short |
| Arcus ZEC-USD | +0.137% | +0.0100% | 1h | $720K | $6.6M | 10x | as long as short |
| Lighter RH ZEC | +0.152% | +0.0096% | 1h | $1.7M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.171% | +0.0320% | 1h | $3.9M | $13.6M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.259% | +0.0266% | 1h | $39K | $34K | 10x | as long as short |
| SunX ZEC-USDT | +0.310% | +0.0100% | 8h | $3K | $1.4M | 20x | as long as short |
| Bulk ZEC-USD | +0.615% | +0.0097% | 1h | $905K | $34K | 10x | as long as short |
Polymarket Perps ZEC-USD
Backpack ZEC_USDC_PERP
ApeX Omni
Variational Omni
Injective
StandX
Bybit
Phoenix
Derive
Katana Perps
BingX
Bullet
Binance
Popdex
Kraken Futures
Pacifica
Paradex
BloFin
GMX
Aster
gTrade (Gains Network)
OKX
SoDEX
Bitget
RISEx
MEXC
KuCoin
Gate
Phemex
HTX
Hyperliquid
Extended
Lighter
Deribit
Lighter RH
Coinbase International
SunX
Bulk