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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Derive against StandX−0.123%7-day average −0.072% · you buy dearer than you sell
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 7 days−0.025%−$3 on $10k
Price spread, last 3 days (all we have)+0.697%+$70 · spread now −0.123%, 7d avg −0.072%
Together, before fees+0.671%+ Points / potential airdropStandX: Active · farm board+$67 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.050% cheaper against StandX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ZEC-USD1,460.50.0100pay 0.0013% / 1h6m 55s$109K$4.8M30x
ShortDerive ZEC-PERP1,458.70.0100get 0.0013% / 1h6m 55s$446K$498K6.7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against StandX. 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: −0.123% → −0.072%
−$5.03
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Derive: 3 bp × 2 orders
−$6
Net
−$19.03
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: StandX: live order book, 2 min ago; Derive: 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 StandX live order book, 2 min ago6.30 bp10.3 bp −$1012.1 bp −$121doesn't fitdoesn't fit
Sell Derive no order-book sample
Derive: 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−0.3476%1h1,433.1−1.874%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0087%8h1,459.9−0.041%$28.8M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,460.3−0.018%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,459.8−0.052%$17.7M$44.7M25xas long as short
Bybit ZECUSDT−0.0024%8h1,459.1−0.097%$269.4M$677.3M75xas long as short
Variational Omni ZEC−0.0004%8h1,455.9−0.314%$45.6M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,460.9+0.024%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,460.8+0.021%$934K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,459.8−0.047%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,460.8+0.017%$594K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.7+0.012%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0015% / S +0.0074%1h1,460.3−0.013%$558K100xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,459.8−0.046%$293K$1.5M20xas long as short
Ondo Perps ZEC-USD.P+0.0033%1h1,457−0.240%$395K$515K5xas long as short
01 Exchange ZECUSD+0.0040%1h1,460.3−0.012%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0057%8h1,460−0.035%$174.4M$1.36B50xas long as short
Gate ZEC_USDT+0.0060%8h1,459.9−0.039%$49.4M$191.2M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,460.1−0.029%$15K$865K10xas long as short
Lighter ZEC+0.0096%1h1,461.5+0.065%$18.9M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,460−0.038%$173K$2.0M50xas long as short
Aster ZECUSDT+0.0099%8h1,460.2−0.019%$15.4M$33.9M75xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,460.1−0.031%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,461.2+0.047%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,460.9+0.027%$755.5M$493.5M10xas long as short
Pacifica ZEC+0.0100%1h1,460.8+0.017%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,460−0.034%$667.8M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,460.1−0.031%$219.3M$900.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.3−0.017%$103.2M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,460.2−0.023%$161.6M$312.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,459.9−0.044%$101.6Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,460.9+0.027%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,458.9−0.113%$508K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.2−0.088%$3.0M$492K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458.7−0.125%$429K$815K50xas long as short
StandX ZEC-USDlong+0.0100%1h1,460.5long leg$109K$4.8M30x
Polymarket Perps ZEC-USD+0.0100%1h1,460−0.035%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,459.9−0.043%$127K$161K20xas long as short
Derive ZEC-PERPshort+0.0100%1h1,458.7−0.123%$446K$498K6.7x
SunX ZEC-USDT+0.0100%8h1,462.1+0.107%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,459.9−0.040%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,460.6+0.008%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,459.9−0.044%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,456.7−0.261%$897K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,460.7+0.015%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,460.8+0.019%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,460−0.034%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,460.8+0.019%$848K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,462.1+0.105%$3.7M$11.6M50xas long as short
Aftermath Perps ZECUSD+0.0483%1h1,459.4−0.073%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,461.2+0.050%$743K$8.0M10xas long as short
Lighter RH ZEC+0.0584%1h1,462.1+0.108%$1.9M$8.5M10xas long as short