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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Popdex against StandX−0.105%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$250.246% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.005%$0 on $10k
Price spread, last 7 days+0.124%+$12 · spread now −0.105%, 7d avg −0.008%
Together, before fees+0.120%+ Points / potential airdropStandX: Active · farm board+$12 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: Popdex is 0.097% cheaper against StandX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ZEC-USD1,470.60.0100pay 0.0013% / 1h26m 33s$110K$4.7M30x
ShortPopdex ZECUSDT1,4690.0096get 0.0012% / 1h26m 33s$173K$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$0.84
Price spread: −0.105% → −0.008%
−$9.72
Slippage, 4 orders
−$10.17
Fee StandX: 4 bp × 2 orders
−$8
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$35.13
Costs to cover
0.246%
Break-even
never at this rate
Slippage from StandX: live order book, 3 min ago; Popdex: live order book, 3 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 StandX live order book, 3 min ago4.75 bp8.9 bp −$910.9 bp −$109doesn't fitdoesn't fit
Sell Popdex live order book, 3 min ago0.10 bp3.5 bp −$36.9 bp −$69doesn't fitdoesn'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−0.3321%1h1,471.8+0.084%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,470.3−0.017%$17.8M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0110%1h1,466.9−0.248%$399K$517K5xas long as short
BloFin ZEC-USDT−0.0109%8h1,469.8−0.050%$29.7M$73.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.3−0.082%$6K$2K10xas long as short
Variational Omni ZEC−0.0053%8h1,469−0.102%$47.6M$33.8Mas long as short
dYdX ZEC-USD0.0000%1h1,469.1−0.101%$414K$103K5xas long as short
Kalshi KXZECPERP0.0000%8h1,470.8+0.016%$959K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,469.6−0.063%$83K$405K10xas long as short
Bybit ZECUSDT+0.0006%8h1,469−0.107%$273.7M$633.5M75xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,470−0.035%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,469−0.104%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,469.7−0.055%$293K$1.2M20xas long as short
OKX ZEC-USDT-SWAP+0.0051%8h1,468.7−0.124%$181.8M$1.30B50xas long as short
Phoenix ZEC+0.0054%1h1,473.1+0.176%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,469.9−0.043%$378K100xas long as short
Popdex ZECUSDTshort+0.0096%1h1,469−0.105%$173K$1.9M50x
Katana Perps ZEC-USD+0.0100%8h1,468.9−0.114%$20K$838K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,469.3−0.085%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,469.2−0.095%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.9−0.044%$762.3M$455.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.8−0.119%$14.9M$31.7M75xas long as short
Pacifica ZEC+0.0100%1h1,469.2−0.092%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.2−0.092%$684.1M$2.37B75xas long as short
Arcus ZEC-USD+0.0100%1h1,470.8+0.019%$700K$8.5M10xas long as short
Gate ZEC_USDT+0.0100%8h1,469−0.107%$51.2M$179.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,468.8−0.121%$230.9M$826.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469−0.105%$104.4M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,469.2−0.093%$163.5M$292.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,468.9−0.115%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.8+0.020%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.9+0.025%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470.1−0.033%$430K$868K50xas long as short
StandX ZEC-USDlong+0.0100%1h1,470.6long leg$110K$4.7M30x
Polymarket Perps ZEC-USD+0.0100%1h1,470−0.037%$340K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,470−0.035%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.1−0.164%$458K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.5+0.129%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.9−0.047%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470.1−0.032%$2.5M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.4−0.014%$3.9M$5.3M50xas long as short
Bulk ZEC-USD+0.0100%1h1,471.7+0.078%$895K$24K10xas long as short
Extended ZEC-USD+0.0104%1h1,469−0.103%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,469.9−0.041%$55K$168K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0138%1h1,470.7+0.011%$605K$1.3M25xas long as short
Lighter ZEC+0.0208%1h1,470.6+0.005%$19.2M$50.4M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,469.8−0.053%$852K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,472.1+0.105%$3.8M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0539%1h1,470.1−0.033%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0771%1h1,471.3+0.053%$44K$46K10xas long as short
Lighter RH ZEC+0.0792%1h1,471.3+0.053%$2.0M$8.1M10xas long as short