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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%
Price spread now: HTX against SoDEX−0.025%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$290.292% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.060%−$6 on $10k
Price spread, last 4 days (all we have)−0.086%−$9 · spread now −0.025%, 7d avg −0.033%
Together, before fees−0.146%−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ZEC-USD1,452.90.0100pay 0.0013% / 1h37m 05s$233K$3.4M10x
ShortHTX ZEC-USDT1,452.50.0100get 0.0100% / 8h4h 37m$2.6M$18.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against SoDEX. 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
Price spread: −0.025% → −0.033%
$0.77
Slippage, 4 orders
−$9.19
Fee SoDEX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$28.42
Costs to cover
0.292%
Break-even
never at this rate
Slippage from SoDEX: live order book, 2 min ago; HTX: 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 SoDEX live order book, 2 min ago0.03 bp4.3 bp −$415.1 bp −$151103.7 bp −$10.4Kdoesn't fit
Sell HTX live order book, 2 min ago0.79 bp11.4 bp −$1116.0 bp −$16036.5 bp −$3,655doesn'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−0.3166%1h1,436.3−1.143%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,453.2+0.019%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0068%8h1,453+0.010%$29.3M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,452.4−0.035%$409K$38K5xas long as short
Kalshi KXZECPERP0.0000%8h1,453.1+0.010%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,451.6−0.088%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452.7−0.015%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0061%8h1,452.6−0.021%$291K$957K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0066% / S −0.0017%1h1,452.5−0.028%$408K100xas long as short
01 Exchange ZECUSD+0.0080%1h1,452.4−0.034%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,452.4−0.036%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,452−0.061%$11K$874K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,452.9+0.001%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,452.4−0.033%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,454.4+0.103%$756.4M$431.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,453.2+0.020%$14.4M$27.6M75xas long as short
Pacifica ZEC+0.0100%1h1,452.9+0.001%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,453.4+0.033%$666.9M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,452.8−0.004%$261.6M$601.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,453.3+0.030%$177.7M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,452.1−0.055%$394K$440K5xas long as short
Bulk ZEC-USD+0.0100%1h1,450.7−0.151%$875K$29K10xas long as short
Gate ZEC_USDT+0.0100%8h1,453+0.006%$50.0M$173.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,453.2+0.019%$216.8M$770.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,453.3+0.026%$102.2M$54.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,453.3+0.030%$165.1M$273.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,453+0.006%$101.1Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,453.5+0.044%$2.4M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,449.4−0.239%$47.5M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,452.2−0.047%$566K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,452.90.000%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,451.6−0.092%$404K$925K50xas long as short
StandX ZEC-USD+0.0100%1h1,452.4−0.033%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451.9−0.069%$365K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,453.1+0.016%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451.5−0.096%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,454.4+0.103%$3K$1.2M20xas long as short
SoDEX ZEC-USDlong+0.0100%1h1,452.9long leg$233K$3.4M10x
HTX ZEC-USDTshort+0.0100%8h1,452.5−0.025%$2.6M$18.2M75x
Phemex ZECUSDT+0.0100%8h1,452.7−0.011%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,452.8−0.006%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,452−0.061%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,452.5−0.028%$4.6M$1.3M10xas long as short
Kraken Futures PF_ZECUSD+0.0278%1h1,452.8−0.009%$18.0M$44.9M25xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0280%1h1,453.5+0.042%$608K$1.3M25xas long as short
Lighter ZEC+0.0328%1h1,454.4+0.106%$19.1M$45.9M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,452.6−0.022%$919K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,454.8+0.129%$3.8M$9.0M50xas long as short
Lighter RH ZEC+0.0488%1h1,454.9+0.140%$2.0M$6.9M10xas long as short
Arcus ZEC-USD+0.0626%1h1,454.3+0.096%$707K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0675%1h1,451.9−0.070%$44K$49K10xas long as short