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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.025%
Price spread now: Variational Omni against StandX−0.100%7-day average −0.047% · 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 4 days (all we have)−0.033%−$3 on $10k
Price spread, last 7 days+0.084%+$8 · spread now −0.100%, 7d avg −0.047%
Together, before fees+0.051%+ Points / potential airdropStandX: Active · Variational Omni: Active · farm board+$5 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: Variational Omni is 0.053% 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 −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ZEC-USD1,494.40.0100pay 0.0013% / 1h22m 22s$56K$4.6M30x
ShortVariational Omni ZEC1,492.90.0100get 0.0100% / 8h22m 22s$48.8M$34.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.100% → −0.047%
−$5.33
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$13.33
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: StandX: live order book, 2 min ago; Variational Omni: RFQ quote, 2 min ago. 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 ago5.49 bp9.6 bp −$1011.0 bp −$110doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago2.78 bpdoesn't fit8.1 bp −$8117.6 bp −$1,759doesn'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−0.3442%1h1,478.8−1.041%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,493−0.095%$61K$303K10xas long as short
BloFin ZEC-USDT−0.0144%8h1,494.6+0.016%$31.1M$75.5M75xas long as short
Aftermath Perps ZECUSD−0.0103%1h1,494.3−0.006%$48K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,494.6+0.013%$6K$1K10xas long as short
Bulk ZEC-USD−0.0053%1h1,491.1−0.217%$858K$48K10xas long as short
dYdX ZEC-USD0.0000%1h1,494.9+0.038%$415K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,494.9+0.032%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,494.2−0.010%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,494.9+0.036%$17.9M$47.0M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ZEC-USD.P+0.0038%1h1,493.6−0.052%$408K$554K5xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,494.7+0.018%$301K$864K20xas long as short
01 Exchange ZECUSD+0.0088%1h1,493.6−0.050%$8K$6K5xas long as short
Phoenix ZEC+0.0096%1h1,494.2−0.011%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,493.2−0.082%$182K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,493.3−0.074%$17K$881K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,493.5−0.059%$62K$20K10xas long as short
Nado ZEC-PERP+0.0100%1h1,494−0.026%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,494.2−0.012%$780.7M$438.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,493.7−0.044%$14.0M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,494.7+0.022%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,494.3−0.008%$700.0M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,493.8−0.038%$267.7M$616.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,494.4+0.003%$183.7M$1.33B50xas long as short
Gate ZEC_USDT+0.0100%8h1,493.7−0.043%$56.5M$185.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,494.2−0.015%$238.4M$802.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,493.7−0.049%$102.6M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,494.6+0.015%$161.4M$288.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,494−0.025%$116.9Mas long as short
Variational Omni ZECshort+0.0100%8h1,492.9−0.100%$48.8M$34.6M
edgeX ZECUSDC+0.0100%4h1,492.8−0.105%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,492.1−0.151%$3.1M$514K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,491.9−0.166%$411K$945K50xas long as short
StandX ZEC-USDlong+0.0100%1h1,494.4long leg$56K$4.6M30x
Polymarket Perps ZEC-USD+0.0100%1h1,493.1−0.086%$357K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,494.1−0.016%$164K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,493.3−0.074%$456K$469K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,496.3+0.130%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,494.8+0.029%$253K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,494.3−0.007%$2.7M$20.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,494.9+0.037%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,494.7+0.025%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,494.5+0.009%$43K$151K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0109%1h1,495.3+0.061%$683K$1.4M25xas long as short
RISEx ZEC/USDC+0.0128%1h1,493.7−0.044%$940K$1.1M10xas long as short
Lighter RH ZEC+0.0128%1h1,495.6+0.082%$2.1M$7.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0144% / S −0.0141%1h1,494.5+0.006%$332K100xas long as short
Lighter ZEC+0.0208%1h1,495.8+0.094%$19.8M$45.6M20xas long as short
Arcus ZEC-USD+0.0403%1h1,494.9+0.034%$617K$8.7M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,496.6+0.149%$3.7M$9.9M50xas long as short
Backpack ZEC_USDC_PERP+0.0536%1h1,494.9+0.033%$2.3M$3.8M15xas long as short