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 +0.010%
Price spread now: Extended against Polymarket Perps+0.009%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.224%+$22 on $10k
Price spread, last 7 days+0.040%+$4 · spread now +0.009%, 7d avg −0.016%
Together, before fees+0.264%+ Points / potential airdropExtended: Active · farm board+$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: Extended is 0.025% dearer against Polymarket Perps than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,495.80.0100pay 0.0013% / 1h21m 11s$358K$1.6M10x
ShortExtended ZEC-USD1,495.90.0104get 0.0013% / 1h21m 11s$2.8M$7.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: +0.009% → −0.016%
$2.51
Slippage, 4 orders
−$11.9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$21.56
Costs to cover
0.249%
Break-even
186.6 days
Slippage from Polymarket Perps: live order book, 2 min ago; Extended: live order book, 3 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 Extended live order book, 3 min ago1.24 bp6.4 bp −$612.1 bp −$12155.9 bp −$5,591doesn'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%1h1,479.6−1.084%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,494.4−0.095%$61K$303K10xas long as short
BloFin ZEC-USDT−0.0143%8h1,495.8+0.002%$31.1M$75.5M75xas long as short
Aftermath Perps ZECUSD−0.0107%1h1,494.5−0.084%$48K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,494.7−0.072%$6K$1K10xas long as short
Bulk ZEC-USD−0.0053%1h1,491.1−0.312%$858K$48K10xas long as short
dYdX ZEC-USD0.0000%1h1,495.1−0.046%$415K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,495.9+0.009%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,495.9+0.009%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,496.2+0.029%$17.9M$47.0M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ZEC-USD.P+0.0043%1h1,493.6−0.147%$408K$554K5xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,495.5−0.019%$301K$864K20xas long as short
01 Exchange ZECUSD+0.0088%1h1,496.1+0.021%$8K$6K5xas long as short
Phoenix ZEC+0.0096%1h1,496+0.014%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,496+0.015%$182K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,495.3−0.032%$17K$881K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,494.9−0.063%$62K$20K10xas long as short
Nado ZEC-PERP+0.0100%1h1,495.9+0.009%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,496.9+0.074%$782.1M$439.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,495.4−0.028%$14.0M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,495.4−0.029%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,496+0.015%$700.8M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,495.6−0.014%$267.9M$616.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,495.8−0.003%$184.0M$1.33B50xas long as short
Gate ZEC_USDT+0.0100%8h1,495.7−0.005%$56.6M$185.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,496.3+0.035%$239.3M$802.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,495.9+0.005%$102.8M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,495.9+0.004%$161.5M$288.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,495.2−0.043%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,492.9−0.195%$48.8M$34.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,493.9−0.126%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,492.1−0.246%$3.1M$514K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,494.6−0.081%$411K$946K50xas long as short
StandX ZEC-USD+0.0100%1h1,494.4−0.095%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,495.8long leg$358K$1.6M10x
Bullet ZEC-USD+0.0100%1h1,494.1−0.111%$164K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,493.5−0.155%$456K$469K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,498.5+0.183%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,496+0.010%$253K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,494.7−0.076%$2.7M$20.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,496+0.013%$4.0M$4.9M50xas long as short
Extended ZEC-USDshort+0.0104%1h1,495.9+0.009%$2.8M$7.9M10x
Aevo ZEC-PERP+0.0104%1h1,495.8+0.002%$43K$151K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0108%1h1,496.6+0.052%$683K$1.4M25xas long as short
Lighter RH ZEC+0.0120%1h1,497.3+0.100%$2.1M$7.4M10xas long as short
RISEx ZEC/USDC+0.0128%1h1,496.2+0.027%$942K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0144% / S −0.0142%1h1,495.9+0.005%$333K100xas long as short
Lighter ZEC+0.0216%1h1,497.5+0.111%$19.8M$45.6M20xas long as short
Arcus ZEC-USD+0.0403%1h1,496.6+0.051%$618K$8.7M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,496.6+0.053%$3.7M$9.9M50xas long as short
Backpack ZEC_USDC_PERP+0.0538%1h1,494.8−0.070%$2.3M$3.8M15xas long as short