Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Pacifica against StandX−0.069%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$300.304% of the position

Long on StandX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.438%−$44 on $10k

Price spread, last 7 days+0.066%+$7 · spread now −0.069%, 7d avg −0.020%

Together, before fees−0.372%+ Points / potential airdropStandX: Active · Pacifica: Active · farm board−$37 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: Pacifica is 0.049% 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 −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX ZEC-USD	1,471.2	0.0100	pay 0.0013% / 1h	42m 52s	$110K	$4.8M	30x
Short	Pacifica ZEC	1,470.2	0.0100	get 0.0013% / 1h	42m 52s	$1.7M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee StandXbpFee PacificabpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → −0.020%: −$4.85
Slippage, 4 orders: −$14.42
Fee StandX: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$35.27
Costs to cover: 0.304%
Break-even: never at this rate

Slippage from StandX: live order book, 1 min ago; Pacifica: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy StandX live order book, 1 min ago	5.31 bp	9.4 bp −$9	10.7 bp −$107	doesn't fit	doesn't fit
Sell Pacifica live order book, 1 min ago	0.54 bp	5.5 bp −$5	doesn't fit	doesn't fit	doesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3089%	1h	1,471.5	+0.016%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0225%	1h	1,472	+0.049%	$17.9M	$44.3M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0198%	1h	1,468.5	−0.186%	$398K	$515K	5x	as long as short
BloFin ZEC-USDT	−0.0105%	8h	1,472	+0.050%	$29.6M	$75.4M	75x	as long as short
ApeX Omni ZECUSDT	−0.0097%	1h	1,469.5	−0.122%	$431K	$831K	50x	as long as short
Bybit ZECUSDT	−0.0096%	8h	1,471	−0.018%	$274.8M	$657.2M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,470.3	−0.063%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0043%	8h	1,468.6	−0.179%	$46.8M	$33.7M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,470.2	−0.072%	$414K	$104K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,471.4	+0.010%	$902K	$5.6M	2.2x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl ZEC	0.0000%	43m	1,471.2	−0.003%	$84K	$404K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,472.9	+0.110%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0010%	8h	1,472.3	+0.073%	$294K	$1.4M	20x	as long as short
Phoenix ZEC	+0.0024%	1h	1,470.7	−0.039%	$4.6M	$1.6M	10x	as long as short
01 Exchange ZECUSD	+0.0032%	1h	1,471.4	+0.008%	$8K	$8K	5x	as long as short
OKX ZEC-USDT-SWAP	+0.0037%	8h	1,471.7	+0.031%	$180.6M	$1.35B	50x	as long as short
Gate ZEC_USDT	+0.0045%	8h	1,472.2	+0.066%	$51.4M	$185.6M	75x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0054% / S −0.0010%	1h	1,472.7	+0.102%	$372K	—	100x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0079%	1h	1,473	+0.119%	$614K	$1.3M	25x	as long as short
Lighter ZEC	+0.0096%	1h	1,473.8	+0.172%	$19.1M	$52.1M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,471.1	−0.012%	$177K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0097%	8h	1,470.8	−0.028%	$13K	$838K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,470.1	−0.080%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,473.4	+0.146%	$2.6M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,472.9	+0.113%	$763.6M	$475.1M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,472.4	+0.082%	$15.1M	$32.7M	75x	as long as short
Pacifica ZECshort	+0.0100%	1h	1,470.2	−0.069%	$1.7M	$2.9M	10x
Binance ZECUSDT	+0.0100%	8h	1,471.7	+0.032%	$682.4M	$2.46B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,472	+0.054%	$723K	$8.3M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,472	+0.052%	$908K	$26K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,472	+0.050%	$229.2M	$834.3M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,472.7	+0.099%	$103.9M	$55.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,472	+0.051%	$163.0M	$302.5M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,471.2	−0.001%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,469.5	−0.120%	$513K	$9.3M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,469.7	−0.103%	$3.0M	$454K	10x	as long as short
StandX ZEC-USDlong	+0.0100%	1h	1,471.2	long leg	$110K	$4.8M	30x
Polymarket Perps ZEC-USD	+0.0100%	1h	1,472	+0.052%	$346K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,472.2	+0.067%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,470.8	−0.031%	$448K	$498K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,472.6	+0.093%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,471.7	+0.032%	$238K	$4.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,471.6	+0.027%	$2.5M	$23.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,472.4	+0.080%	$3.9M	$5.3M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,472.4	+0.082%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,472.3	+0.074%	$37K	$366K	20x	as long as short
RISEx ZEC/USDC	+0.0132%	1h	1,471.6	+0.026%	$825K	$1.2M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0432%	1h	1,472.6	+0.091%	$3.8M	$10.7M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0437%	1h	1,473.5	+0.150%	$2.4M	$3.7M	15x	as long as short
Lighter RH ZEC	+0.0520%	1h	1,474	+0.190%	$2.0M	$8.2M	10x	as long as short
Aftermath Perps ZECUSD	+0.0671%	1h	1,472.8	+0.106%	$46K	$47K	10x	as long as short