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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.016%
Price spread now: Aster against Popdex−0.033%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.196% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.049%−$5 on $10k
Price spread, last 7 days+0.002%$0 · spread now −0.033%, 7d avg −0.023%
Together, before fees−0.047%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex ZECUSDT1,474.40.0096pay 0.0012% / 1h22m 03s$173K$1.8M50x
ShortAster ZECUSDT1,473.90.0100get 0.0100% / 8h6h 22m$14.9M$30.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Popdex. 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: −0.033% → −0.023%
−$0.95
Slippage, 4 orders
−$5.16
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$19.66
Costs to cover
0.196%
Break-even
170.9 days
Slippage from Popdex: live order book, 2 min ago; Aster: live order book, 2 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 Popdex live order book, 2 min ago1.02 bp4.7 bp −$59.5 bp −$95doesn't fitdoesn't fit
Sell Aster live order book, 2 min ago1.02 bp5.0 bp −$56.6 bp −$6616.3 bp −$1,62976.1 bp −$38.0K

ZEC on 50 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−0.3678%1h1,459.3−1.022%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.6−0.118%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0016%1h1,471.4−0.201%$400K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,474.4+0.003%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,472.9−0.096%$415K$54K5xas long as short
Kalshi KXZECPERP0.0000%8h1,475.6+0.081%$976K$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,474.1−0.020%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,474.6+0.016%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0028%8h1,474.1−0.017%$294K$1.0M20xas long as short
Variational Omni ZEC+0.0048%8h1,474.4+0.004%$48.1M$32.8Mas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,474.4+0.005%$385K100xas long as short
Phoenix ZEC+0.0070%1h1,476.1+0.119%$4.7M$1.5M10xas long as short
01 Exchange ZECUSD+0.0072%1h1,474.6+0.018%$8K$9K5xas long as short
Popdex ZECUSDTlong+0.0096%1h1,474.4long leg$173K$1.8M50x
OKX ZEC-USDT-SWAP+0.0097%8h1,473.8−0.040%$181.6M$1.27B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,473.8−0.041%$14K$842K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,474.4+0.005%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.5−0.056%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,474.9+0.037%$767.8M$442.7M10xas long as short
Aster ZECUSDTshort+0.0100%8h1,473.9−0.033%$14.9M$30.4M75x
Pacifica ZEC+0.0100%1h1,474.5+0.013%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,474−0.023%$681.9M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,473.8−0.041%$272.0M$616.9M75xas long as short
Bulk ZEC-USD+0.0100%1h1,476.6+0.151%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,474−0.027%$50.3M$176.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,474−0.024%$217.0M$800.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.6+0.018%$103.6M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,474−0.024%$163.8M$283.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,474.1−0.016%$100.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,475.3+0.065%$575K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.8−0.041%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474.6+0.014%$429K$898K50xas long as short
StandX ZEC-USD+0.0100%1h1,473.1−0.083%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,474.4+0.003%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,474.7+0.021%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,472.8−0.103%$458K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,476.8+0.168%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,474.1−0.020%$243K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,474.4−0.001%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,474.2−0.008%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,473.9−0.032%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,474.1−0.014%$48K$162K20xas long as short
Arcus ZEC-USD+0.0254%1h1,475.4+0.073%$690K$8.6M10xas long as short
Lighter ZEC+0.0264%1h1,475.5+0.079%$19.3M$48.2M20xas long as short
Lighter RH ZEC+0.0288%1h1,475.8+0.100%$2.1M$7.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0295%1h1,475+0.046%$614K$1.3M25xas long as short
RISEx ZEC/USDC+0.0374%1h1,474.9+0.034%$866K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,476.3+0.131%$3.6M$9.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0483%1h1,474.5+0.008%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0739%1h1,475.1+0.047%$44K$46K10xas long as short