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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:12 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.023%
Price spread now: Perpl against SoDEX+0.033%7-day average −0.065% · you sell dearer than you buy
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)−0.175%−$17 on $10k
Price spread, last 3 days (all we have)−0.213%−$21 · spread now +0.033%, 7d avg −0.065%
Together, before fees−0.387%+ Points / potential airdropPerpl: Active · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.098% dearer against SoDEX than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.065%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ZEC-USD1,468.70.0100pay 0.0013% / 1h26m 14s$242K$3.9M10x
ShortPerpl ZEC1,469.20get 0.0000% / 43m5m 14s$83K$405K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$21
Price spread: +0.033% → −0.065%
$9.82
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$32.98
Costs to cover
0.218%
Break-even
never at this rate
Slippage unknown: SoDEX: live order book, 3 min ago; Perpl: 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 SoDEX live order book, 3 min ago0.20 bp4.7 bp −$514.0 bp −$140100.7 bp −$10.1Kdoesn't fit
Sell Perpl no order-book sample
Perpl: 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%1h1,471.8+0.207%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,468.9+0.014%$17.8M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0110%1h1,466.9−0.125%$399K$517K5xas long as short
BloFin ZEC-USDT−0.0109%8h1,469.8+0.074%$29.7M$73.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.3+0.041%$6K$2K10xas long as short
Variational Omni ZEC−0.0047%8h1,468.5−0.017%$47.6M$33.8Mas long as short
dYdX ZEC-USD0.0000%1h1,469.1+0.022%$414K$103K5xas long as short
Kalshi KXZECPERP0.0000%8h1,469.6+0.061%$959K$5.2M2.2xas long as short
Perpl ZECshort0.0000%43m1,469.2+0.033%$83K$405K10x
Bybit ZECUSDT+0.0006%8h1,468.3−0.031%$273.6M$633.6M75xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,469.2+0.028%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,469+0.019%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,468.8+0.002%$293K$1.2M20xas long as short
OKX ZEC-USDT-SWAP+0.0052%8h1,468.3−0.030%$181.8M$1.30B50xas long as short
Phoenix ZEC+0.0054%1h1,473.1+0.300%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0010%1h1,469.2+0.030%$378K100xas long as short
Popdex ZECUSDT+0.0096%1h1,469+0.018%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,468.9+0.010%$20K$838K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,469.3+0.038%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,469.2+0.028%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,470.4+0.113%$762.5M$455.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.8+0.004%$14.9M$31.7M75xas long as short
Pacifica ZEC+0.0100%1h1,469.2+0.031%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.6−0.006%$683.8M$2.37B75xas long as short
Arcus ZEC-USD+0.0100%1h1,470.8+0.142%$700K$8.5M10xas long as short
Gate ZEC_USDT+0.0100%8h1,469.1+0.022%$51.2M$179.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,468.7−0.005%$230.6M$826.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,468.7−0.005%$104.6M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,469+0.019%$163.5M$292.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,469.3+0.035%$100.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.8+0.143%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.9+0.149%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470.1+0.091%$430K$868K50xas long as short
StandX ZEC-USD+0.0100%1h1,470.6+0.123%$110K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.9+0.011%$340K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,468.9+0.014%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,467.2−0.106%$457K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,471+0.153%$3K$1.2M20xas long as short
SoDEX ZEC-USDlong+0.0100%1h1,468.7long leg$242K$3.9M10x
HTX ZEC-USDT+0.0100%8h1,469+0.018%$2.5M$21.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,469.5+0.049%$3.9M$5.3M50xas long as short
Bulk ZEC-USD+0.0100%1h1,471.7+0.202%$895K$24K10xas long as short
Extended ZEC-USD+0.0104%1h1,468.8+0.007%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,468.9+0.008%$54K$168K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0124%1h1,469.6+0.060%$604K$1.3M25xas long as short
Lighter ZEC+0.0200%1h1,470.4+0.115%$19.2M$50.4M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,469.8+0.070%$852K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,471.3+0.173%$3.8M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0536%1h1,469.6+0.058%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0768%1h1,470.5+0.120%$43K$46K10xas long as short
Lighter RH ZEC+0.0784%1h1,471+0.154%$2.0M$8.1M10xas long as short