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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0037%/8h= −4.1% APRnext payment $0.37 per $10,000 · paid last 24h −0.024%
Price spread now: Orderly against SunX−0.229%7-day average −0.093% · 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 7 days−0.390%−$39 on $10k
Price spread, last 4 days (all we have)+0.493%+$49 · spread now −0.229%, 7d avg −0.093%
Together, before fees+0.103%+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.137% cheaper against SunX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.093%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,464.60.0100pay 0.0100% / 8h4h 21m$3K$1.1M20x
ShortOrderly PERP_ZEC_USDC1,461.30.0063get 0.0063% / 8h4h 21m$292K$952K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$7.79
Price spread: −0.229% → −0.093%
−$13.67
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$35.46
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 2 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 2 min ago29.03 bp49.9 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3166%1h1,460.6−0.272%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,461.6−0.206%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0069%8h1,461.3−0.227%$29.3M$71.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,461.4−0.217%$412K$38K5xas long as short
Kalshi KXZECPERP0.0000%8h1,462.5−0.145%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,461−0.251%$84K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,461.3−0.224%$5.2M150xas long as short
Orderly PERP_ZEC_USDCshort+0.0063%8h1,461.3−0.229%$292K$952K20x
GMX ZEC/USD [WBTC.b-USDC]L +0.0068% / S −0.0019%1h1,461.2−0.234%$410K100xas long as short
01 Exchange ZECUSD+0.0080%1h1,462.4−0.154%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,462.1−0.173%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,462.2−0.163%$11K$856K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,461.8−0.190%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.5−0.141%$2.8M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,463.1−0.104%$760.5M$431.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,461.5−0.213%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,462.3−0.158%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,461.6−0.206%$671.8M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,461−0.247%$263.8M$600.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,461.7−0.197%$178.4M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,461−0.247%$397K$443K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.2−0.505%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,461.2−0.231%$50.8M$174.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,461.6−0.206%$215.7M$773.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,462.2−0.167%$102.8M$53.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,462.3−0.162%$166.5M$271.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,460.9−0.254%$104.5Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,462.2−0.165%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,457.9−0.461%$47.8M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,459.9−0.320%$569K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,457.4−0.496%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,460.5−0.279%$407K$927K50xas long as short
StandX ZEC-USD+0.0100%1h1,461.1−0.238%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,461.6−0.206%$367K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,461.1−0.239%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,460.3−0.297%$446K$521K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,464.6long leg$3K$1.1M20x
SoDEX ZEC-USD+0.0100%1h1,461.5−0.216%$234K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,460.2−0.304%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,461.5−0.216%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,461−0.249%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,461.1−0.238%$47K$151K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0104%1h1,461.8−0.194%$611K$1.3M25xas long as short
Phoenix ZEC+0.0123%1h1,461.2−0.235%$4.6M$1.3M10xas long as short
Kraken Futures PF_ZECUSD+0.0276%1h1,461.3−0.226%$18.1M$45.0M25xas long as short
Lighter ZEC+0.0296%1h1,463−0.113%$19.3M$46.0M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,462.3−0.159%$925K$1.1M10xas long as short
Lighter RH ZEC+0.0424%1h1,463.1−0.101%$2.1M$7.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,464.1−0.036%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0626%1h1,463.1−0.102%$688K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0682%1h1,459.5−0.349%$45K$49K10xas long as short