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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%
Price spread now: SunX against Popdex+0.102%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1281.282% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.102%, 7d avg +0.107%
Together, before fees−0.109%−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex ZECUSDT1,493.90.0096pay 0.0012% / 1h54m 38s$157K$1.7M50x
ShortSunX ZEC-USDT1,495.50.0100get 0.0100% / 8h1h 54m$3K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.102% → +0.107%
−$0.48
Slippage, 4 orders
−$113.82
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$127.85
Costs to cover
1.282%
Break-even
1072.4 days
Slippage from Popdex: live order book, 5 min ago; SunX: live order book, 9 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, 5 min ago1.27 bp5.0 bp −$514.4 bp −$144doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago29.08 bp68.8 bp −$69doesn't fitdoesn'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−0.3684%1h1,491.6−0.157%$34K$273K12xas long as short
BloFin ZEC-USDT−0.0122%8h1,494+0.007%$30.7M$74.1M75xas long as short
ApeX Omni ZECUSDT−0.0117%1h1,492.3−0.111%$413K$931K50xas long as short
Bulk ZEC-USD−0.0102%1h1,494.5+0.041%$903K$15K10xas long as short
Kraken Futures PF_ZECUSD−0.0096%1h1,493.4−0.035%$18.1M$46.3M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,490.4−0.238%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,490.6−0.220%$414K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,495.7+0.118%$1.6M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,492.7−0.085%$61K$289K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,493.8−0.010%$5.3M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0071%8h1,493.5−0.027%$300K$1.1M20xas long as short
Phoenix ZEC+0.0092%1h1,493.6−0.020%$4.8M$1.4M10xas long as short
Popdex ZECUSDTlong+0.0096%1h1,493.9long leg$157K$1.7M50x
Nado ZEC-PERP+0.0100%1h1,493.90.000%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,490.5−0.228%$14.2M$29.5M75xas long as short
Pacifica ZEC+0.0100%1h1,490.6−0.223%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,490.3−0.240%$694.1M$2.29B75xas long as short
Bybit ZECUSDT+0.0100%8h1,490.3−0.245%$269.9M$625.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,490.3−0.240%$180.9M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,488.1−0.390%$405K$478K5xas long as short
Gate ZEC_USDT+0.0100%8h1,490.7−0.218%$54.4M$178.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,490.4−0.233%$234.2M$771.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,490.6−0.222%$102.4M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,490.5−0.227%$160.7M$286.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,491−0.198%$115.3Mas long as short
Variational Omni ZEC+0.0100%8h1,493.6−0.021%$48.8M$33.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,489.7−0.281%$569K$8.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,494.5+0.037%$3.1M$477K10xas long as short
StandX ZEC-USD+0.0100%1h1,493.8−0.008%$57K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,493.2−0.048%$361K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,493.9+0.001%$165K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,492.6−0.086%$456K$500K6.7xas long as short
SunX ZEC-USDTshort+0.0100%8h1,495.5+0.102%$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,493.6−0.021%$254K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,493.3−0.043%$2.6M$19.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,494+0.004%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,490.5−0.228%$61K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,493.3−0.042%$12K$861K10xas long as short
Extended ZEC-USD+0.0104%1h1,491.3−0.177%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,493.6−0.025%$45K$149K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0105% / S −0.0080%1h1,493.5−0.031%$374K100xas long as short
01 Exchange ZECUSD+0.0120%1h1,494.2+0.019%$8K$7K5xas long as short
RISEx ZEC/USDC+0.0129%1h1,494.1+0.010%$934K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0152%1h1,493.8−0.005%$2.3M$3.9M15xas long as short
Hyperliquid ZEC+0.0160%1h1,492−0.129%$777.3M$436.9M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0183%1h1,494.4+0.032%$711K$1.4M25xas long as short
Arcus ZEC-USD+0.0221%1h1,492.4−0.103%$607K$8.6M10xas long as short
Aftermath Perps ZECUSD+0.0288%1h1,493.4−0.032%$49K$63K10xas long as short
Lighter ZEC+0.0312%1h1,491.8−0.142%$19.5M$45.4M20xas long as short
Lighter RH ZEC+0.0336%1h1,491.8−0.139%$2.1M$7.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,495.2+0.084%$3.6M$9.9M50xas long as short