Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: Paradex against StandX+0.087%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on StandX Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropStandX: Active · Paradex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.087% dearer against StandX than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX ZEC-USD	1,451.5	0.0100	pay 0.0013% / 1h	44m 54s	$49K	$4.7M	30x
Short	Paradex ZEC-USD-PERP	1,452.7	0.0100	get 0.0100% / 8h	3h 44m	$60K	$43K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.087%Rate

Funding earned: $0
Price spread: +0.087% → 0.000%: $8.68
Slippage, 4 orders: no order book: not counted
Fee StandX: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$3.32
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: StandX: live order book, 4 min ago; Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy StandX live order book, 4 min ago	3.65 bp	7.9 bp −$8	11.2 bp −$112	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3042%	1h	1,453.4	+0.133%	$33K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,451.6	+0.013%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0071%	8h	1,452.1	+0.044%	$29.4M	$70.4M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,451.8	+0.027%	$409K	$37K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,452.8	+0.094%	$1.5M	$4.4M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,451	−0.030%	$83K	$240K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,451.8	+0.025%	$5.1M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0063%	8h	1,451.9	+0.034%	$290K	$943K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0079% / S −0.0029%	1h	1,451.4	−0.003%	$432K	—	100x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,453.5	+0.139%	$2.1M	$7.0M	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ZECUSDT	+0.0096%	1h	1,452.5	+0.071%	$173K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,452.1	+0.045%	$13K	$852K	10x	as long as short
Paradex ZEC-USD-PERPshort	+0.0100%	8h	1,452.7	+0.087%	$60K	$43K	10x
Nado ZEC-PERP	+0.0100%	1h	1,453.3	+0.128%	$2.8M	$6.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,452.5	+0.072%	$14.6M	$28.0M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,453	+0.104%	$1.6M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,453.3	+0.130%	$667.4M	$2.20B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,452.8	+0.090%	$261.0M	$600.1M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,453.1	+0.112%	$177.7M	$1.21B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,450.5	−0.065%	$394K	$439K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,454	+0.176%	$878K	$18K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,451.9	+0.030%	$50.6M	$170.5M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,453.1	+0.113%	$216.3M	$766.4M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,453.6	+0.145%	$102.5M	$53.4M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,453.6	+0.145%	$165.2M	$270.3M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,451.7	+0.018%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,450.4	−0.070%	$47.6M	$32.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,451.6	+0.012%	$565K	$8.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,454	+0.175%	$3.0M	$451K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,452.1	+0.041%	$401K	$943K	50x	as long as short
StandX ZEC-USDlong	+0.0100%	1h	1,451.5	long leg	$49K	$4.7M	30x
Polymarket Perps ZEC-USD	+0.0100%	1h	1,452.3	+0.059%	$353K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,451.4	−0.005%	$160K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,450.7	−0.049%	$443K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,454.7	+0.224%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,452	+0.038%	$232K	$3.2M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,451.8	+0.023%	$2.7M	$18.4M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,452.7	+0.087%	$3.8M	$5.0M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,453.2	+0.123%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,451.7	+0.019%	$47K	$151K	20x	as long as short
Hyperliquid ZEC	+0.0108%	1h	1,453.2	+0.121%	$756.0M	$428.7M	10x	as long as short
01 Exchange ZECUSD	+0.0112%	1h	1,452.9	+0.099%	$8K	$7K	5x	as long as short
Phoenix ZEC	+0.0116%	1h	1,452.9	+0.098%	$4.6M	$1.3M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0116%	1h	1,452.5	+0.074%	$2.4M	$3.9M	15x	as long as short
Lighter ZEC	+0.0176%	1h	1,453.6	+0.145%	$19.1M	$44.7M	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0200%	1h	1,452.6	+0.078%	$613K	$1.3M	25x	as long as short
RISEx ZEC/USDC	+0.0216%	1h	1,452.6	+0.082%	$918K	$1.1M	10x	as long as short
Kraken Futures PF_ZECUSD	+0.0334%	1h	1,452	+0.035%	$18.0M	$45.2M	25x	as long as short
Arcus ZEC-USD	+0.0344%	1h	1,454.6	+0.217%	$693K	$8.2M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0464%	1h	1,454	+0.178%	$3.8M	$9.1M	50x	as long as short
Aftermath Perps ZECUSD	+0.0672%	1h	1,453.4	+0.136%	$44K	$49K	10x	as long as short