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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.010%
Price spread now: Bitget against Popdex−0.006%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$230.231% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.082%−$8 on $10k
Price spread, last 7 days+0.001%$0 · spread now −0.006%, 7d avg −0.005%
Together, before fees−0.081%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex ZECUSDT1,456.30.0096pay 0.0012% / 1h28m 59s$174K$1.7M50x
ShortBitget ZECUSDT1,456.20.0100get 0.0100% / 8h3h 28m$165.6M$270.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.006% → −0.005%
−$0.16
Slippage, 4 orders
−$4.7
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$22.42
Costs to cover
0.231%
Break-even
193.8 days
Slippage from Popdex: live order book, just now; Bitget: live order book, 5 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, just now0.03 bp3.8 bp −$46.1 bp −$61doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago0.03 bp7.4 bp −$712.6 bp −$126doesn'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−0.3042%1h1,457.6+0.089%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,458.1+0.118%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,456.1−0.016%$29.4M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,456.3−0.001%$410K$36K5xas long as short
Perpl ZEC0.0000%43m1,456.3−0.001%$83K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,456−0.022%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,455.8−0.034%$291K$944K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0083% / S −0.0033%1h1,455.9−0.032%$434K100xas long as short
Popdex ZECUSDTlong+0.0096%1h1,456.3long leg$174K$1.7M50x
Katana Perps ZEC-USD+0.0100%8h1,456.5+0.012%$14K$820K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ZEC-USD-PERP+0.0100%8h1,455.4−0.066%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456.6+0.020%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,456.2−0.010%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,457.1+0.051%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.1−0.016%$669.9M$2.19B75xas long as short
Bybit ZECUSDT+0.0100%8h1,455.4−0.063%$261.1M$599.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,456.1−0.019%$178.7M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.7−0.043%$395K$434K5xas long as short
Bulk ZEC-USD+0.0100%1h1,453.9−0.169%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,456−0.020%$51.3M$171.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.1−0.014%$218.6M$769.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456−0.026%$103.0M$53.4M75xas long as short
Bitget ZECUSDTshort+0.0100%8h1,456.2−0.006%$165.6M$270.2M75x
BingX ZEC-USDT+0.0100%8h1,456−0.026%$105.7Mas long as short
Variational Omni ZEC+0.0100%8h1,457+0.047%$47.8M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,456.6+0.019%$567K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.7+0.025%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457.4+0.073%$403K$944K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.9+0.037%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456−0.023%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,455.9−0.030%$160K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,454.7−0.114%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,458.7+0.165%$4K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,456.1−0.019%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,455.7−0.043%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,456.4+0.002%$3.8M$4.9M50xas long as short
Lighter RH ZEC+0.0104%1h1,457.5+0.078%$2.1M$7.0M10xas long as short
Extended ZEC-USD+0.0104%1h1,456−0.025%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,456−0.024%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,455−0.091%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,456.8+0.035%$8K$7K5xas long as short
Kalshi KXZECPERP+0.0131%8h1,456.9+0.042%$1.5M$4.4M2.2xas long as short
Lighter ZEC+0.0144%1h1,457.6+0.084%$19.2M$45.0M20xas long as short
Hyperliquid ZEC+0.0144%1h1,457.5+0.080%$758.8M$426.0M10xas long as short
Backpack ZEC_USDC_PERP+0.0155%1h1,456.5+0.014%$2.4M$3.8M15xas long as short
RISEx ZEC/USDC+0.0216%1h1,456.30.000%$921K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0249%1h1,456.6+0.019%$613K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,455.9−0.029%$18.0M$45.3M25xas long as short
Arcus ZEC-USD+0.0344%1h1,458.1+0.122%$697K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,459.7+0.230%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0672%1h1,455.6−0.051%$45K$49K10xas long as short