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

ZEC

all ZEC markets
SwapBacktest
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 −0.012%
Price spread now: Bitget against SunX−0.275%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1331.329% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.396%−$40 on $10k
Price spread, last 3 days (all we have)−0.747%−$75 · spread now −0.275%, 7d avg −0.106%
Together, before fees−1.142%−$114 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: Bitget is 0.169% cheaper against SunX than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.106%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,467.50.0100pay 0.0100% / 8h3h 22m$3K$1.3M20x
ShortBitget ZECUSDT1,463.50.0100get 0.0100% / 8h3h 22m$170.3M$317.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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: −0.275% → −0.106%
−$16.89
Slippage, 4 orders
−$112.89
Fee SunX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$149.78
Costs to cover
1.329%
Break-even
never at this rate
Slippage from SunX: live order book, 1 min ago; Bitget: live order book, 7 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 SunX live order book, 1 min ago29.03 bp50.1 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 7 min ago0.03 bp6.3 bp −$611.2 bp −$11212.8 bp −$1,283doesn'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−0.3181%1h1,461.5−0.412%$34K$159K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,464.7−0.190%$6K$2K10xas long as short
Variational Omni ZEC−0.0075%8h1,470.4+0.196%$47.7M$30.6Mas long as short
BloFin ZEC-USDT−0.0055%8h1,464−0.243%$29.8M$77.8M75xas long as short
Bybit ZECUSDT−0.0055%8h1,463.2−0.294%$274.7M$690.8M75xas long as short
Kraken Futures PF_ZECUSD−0.0052%1h1,462.5−0.340%$17.8M$45.9M25xas long as short
Orderly PERP_ZEC_USDC−0.0004%8h1,462.8−0.321%$282K$1.5M20xas long as short
dYdX ZEC-USD0.0000%1h1,465.3−0.154%$413K$107K5xas long as short
Kalshi KXZECPERP0.0000%8h1,464.2−0.228%$976K$5.4M2.2xas long as short
Perpl ZEC0.0000%43m1,462.6−0.334%$83K$415K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,463.2−0.292%$580K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463.2−0.294%$5.2M150xas long as short
ApeX Omni ZECUSDT+0.0008%1h1,457.9−0.655%$723K$607K50xas long as short
OKX ZEC-USDT-SWAP+0.0020%8h1,463.2−0.293%$175.2M$1.40B50xas long as short
Aster ZECUSDT+0.0030%8h1,463.3−0.289%$15.1M$34.8M75xas long as short
Phoenix ZEC+0.0045%1h1,476.1+0.583%$4.7M$1.5M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S +0.0057%1h1,463.4−0.278%$550K100xas long as short
Gate ZEC_USDT+0.0066%8h1,462.3−0.353%$50.2M$186.6M75xas long as short
MEXC ZEC_USDT+0.0069%8h1,462.6−0.337%$221.6M$940.2M150xas long as short
Binance ZECUSDT+0.0072%8h1,463.5−0.271%$669.4M$2.58B75xas long as short
Ondo Perps ZEC-USD.P+0.0074%1h1,457.7−0.668%$399K$528K5xas long as short
Katana Perps ZEC-USD+0.0094%8h1,463.7−0.263%$12K$880K10xas long as short
01 Exchange ZECUSD+0.0096%1h1,463−0.308%$8K$8K5xas long as short
Popdex ZECUSDT+0.0096%1h1,462.5−0.339%$178K$2.0M50xas long as short
Aevo ZEC-PERP+0.0096%1h1,462.8−0.322%$36K$362K20xas long as short
Paradex ZEC-USD-PERP+0.0099%8h1,463.9−0.249%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,464−0.237%$3.1M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,463.3−0.287%$758.2M$514.9M10xas long as short
Pacifica ZEC+0.0100%1h1,464.3−0.217%$1.6M$3.2M10xas long as short
Bulk ZEC-USD+0.0100%1h1,464.9−0.179%$903K$32K10xas long as short
KuCoin ZECUSDTM+0.0100%8h1,462.6−0.334%$103.2M$58.9M75xas long as short
Bitget ZECUSDTshort+0.0100%8h1,463.5−0.275%$170.3M$317.9M75x
BingX ZEC-USDT+0.0100%8h1,463.7−0.262%$113.5Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,463.2−0.293%$2.4M$3.9M15xas long as short
edgeX ZECUSDC+0.0100%4h1,465.1−0.162%$491K$10.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,460.7−0.465%$3.0M$514K10xas long as short
StandX ZEC-USD+0.0100%1h1,460.1−0.506%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,463−0.307%$308K$2.3M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.4−0.280%$128K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,461.3−0.421%$444K$493K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,467.5long leg$3K$1.3M20x
SoDEX ZEC-USD+0.0100%1h1,462.8−0.324%$221K$4.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,463−0.307%$2.4M$26.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,463.3−0.285%$3.7M$5.8M50xas long as short
RISEx ZEC/USDC+0.0138%1h1,463.3−0.285%$866K$2.6M10xas long as short
Lighter RH ZEC+0.0144%1h1,464.2−0.226%$1.5M$7.8M10xas long as short
Lighter ZEC+0.0264%1h1,464.2−0.225%$19.1M$54.9M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,465.3−0.153%$3.8M$11.8M50xas long as short
Aftermath Perps ZECUSD+0.0476%1h1,469+0.099%$39K$32K10xas long as short
Arcus ZEC-USD+0.0538%1h1,465.2−0.157%$726K$7.7M10xas long as short
Extended ZEC-USD+0.1008%1h1,463.1−0.301%$4.1M$5.6M10xas long as short