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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0084%/8h= −9.2% APRnext payment $0.10 per $10,000 · paid last 24h −0.020%
Price spread now: 01 Exchange against Polymarket Perps−0.034%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 feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and 01 Exchange is 0.034% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,472.10.0100pay 0.0013% / 1h28m 04s$341K$1.7M10x
Short01 Exchange ZECUSD1,471.60.0016get 0.0002% / 1h28m 04s$8K$8K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$17.64
Price spread: −0.034% → 0.000%
−$3.4
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$36.04
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 6 min ago; 01 Exchange: 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 Polymarket Perps live order book, 6 min ago2.72 bp8.0 bp −$810.9 bp −$10930.2 bp −$3,023doesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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−0.3321%1h1,472.4+0.018%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,470.5−0.108%$17.8M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0113%1h1,467.9−0.285%$399K$517K5xas long as short
BloFin ZEC-USDT−0.0109%8h1,470.3−0.120%$29.7M$73.1M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.1+0.003%$6K$2K10xas long as short
Variational Omni ZEC−0.0053%8h1,469−0.207%$47.6M$33.8Mas long as short
Bybit ZECUSDT−0.0019%8h1,470.1−0.135%$274.0M$634.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,472.1−0.001%$415K$103K5xas long as short
Kalshi KXZECPERP0.0000%8h1,472.1+0.002%$959K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,472.2+0.008%$84K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.5−0.043%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,470.8−0.090%$294K$1.3M20xas long as short
01 Exchange ZECUSDshort+0.0016%1h1,471.6−0.034%$8K$8K5x
Deribit ZEC_USDC-PERPETUAL+0.0030%1h1,471.5−0.041%$605K$1.3M25xas long as short
OKX ZEC-USDT-SWAP+0.0050%8h1,470.1−0.139%$181.9M$1.30B50xas long as short
Phoenix ZEC+0.0054%1h1,470.8−0.089%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,471.4−0.048%$378K100xas long as short
Popdex ZECUSDT+0.0096%1h1,472.1+0.001%$175K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,472−0.005%$14K$832K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.1−0.003%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472.4+0.022%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,471.4−0.048%$763.1M$455.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,470.8−0.086%$14.9M$31.8M75xas long as short
Pacifica ZEC+0.0100%1h1,472.3+0.010%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,470.4−0.115%$684.6M$2.37B75xas long as short
Arcus ZEC-USD+0.0100%1h1,473.4+0.090%$698K$8.5M10xas long as short
Gate ZEC_USDT+0.0100%8h1,470.5−0.109%$51.3M$179.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,470.2−0.127%$231.4M$826.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471.2−0.064%$104.8M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,470.4−0.115%$163.6M$292.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,470.4−0.113%$100.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,469.6−0.168%$572K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.9−0.080%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.9−0.151%$430K$866K50xas long as short
StandX ZEC-USD+0.0100%1h1,470.2−0.127%$110K$4.7M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,472.1long leg$341K$1.7M10x
Bullet ZEC-USD+0.0100%1h1,471.6−0.037%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.3−0.187%$458K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,474.3+0.151%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,470.5−0.109%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.9−0.014%$2.5M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,471−0.075%$3.9M$5.3M50xas long as short
Bulk ZEC-USD+0.0100%1h1,471.7−0.027%$895K$24K10xas long as short
Extended ZEC-USD+0.0104%1h1,470.4−0.119%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471−0.072%$56K$167K20xas long as short
Lighter ZEC+0.0200%1h1,471.7−0.029%$19.2M$50.4M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,472.9+0.054%$853K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,472.9+0.052%$3.8M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0539%1h1,471.3−0.055%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0772%1h1,471.9−0.016%$44K$46K10xas long as short
Lighter RH ZEC+0.0800%1h1,472.7+0.040%$2.0M$8.1M10xas long as short