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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.008%
Price spread now: edgeX against Variational Omni+0.034%59s7-day average −0.027% · you sell dearer than you buy
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 3 days (all we have)+0.013%+$1 on $10k
Price spread, last 7 days−0.033%−$3 · spread now +0.034%, 7d avg −0.027%
Together, before fees−0.020%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.061% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.027%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEC1,456.60.0002pay 0.0002% / 8h2h 10m$45.6M$33.4M
ShortedgeX ZECUSDC1,457.10.0100get 0.0050% / 4h2h 10m$489K$9.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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
$20.48
Price spread: +0.034% → −0.027%
$6.08
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$17.57
Costs to cover
0.090%
Break-even
1.0 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; edgeX: live order book, 3 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 Variational Omni RFQ quote, 4 min ago2.78 bpdoesn't fit3.1 bp −$3112.0 bp −$1,199doesn't fit
Sell edgeX live order book, 3 min ago0.38 bp5.0 bp −$510.1 bp −$101doesn'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−0.3476%1h1,433.1−1.610%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0086%8h1,456.8+0.016%$28.8M$75.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,457.5+0.065%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,456.7+0.010%$17.7M$44.7M25xas long as short
Bybit ZECUSDT−0.0018%8h1,458.1+0.105%$269.2M$677.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,458.4+0.126%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,457.6+0.071%$934K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,456.9+0.021%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,457.5+0.061%$593K$1.3M25xas long as short
Variational Omni ZEClong+0.0002%8h1,456.6long leg$45.6M$33.4M
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.3+0.052%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,456.6+0.003%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0017% / S +0.0073%1h1,457.1+0.037%$557K100xas long as short
Ondo Perps ZEC-USD.P+0.0039%1h1,455.9−0.047%$395K$514K5xas long as short
01 Exchange ZECUSD+0.0040%1h1,459.3+0.189%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0057%8h1,459.2+0.176%$174.3M$1.36B50xas long as short
Gate ZEC_USDT+0.0063%8h1,458.9+0.157%$49.3M$191.0M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,459.2+0.178%$15K$865K10xas long as short
Lighter ZEC+0.0096%1h1,459.7+0.214%$18.8M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,459.1+0.172%$173K$2.0M50xas long as short
Aster ZECUSDT+0.0098%8h1,458.8+0.154%$15.3M$33.9M75xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,459.3+0.183%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,458.8+0.152%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,459.1+0.172%$754.7M$495.3M10xas long as short
Pacifica ZEC+0.0100%1h1,458.9+0.157%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,459.2+0.181%$666.3M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,459.4+0.190%$218.5M$899.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,458.1+0.106%$103.1M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,459.3+0.185%$161.5M$312.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,459.1+0.175%$101.6Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,457.8+0.080%$2.3M$4.1M15xas long as short
edgeX ZECUSDCshort+0.0100%4h1,457.1+0.034%$489K$9.6M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,458.5+0.132%$3.0M$492K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458+0.094%$428K$814K50xas long as short
StandX ZEC-USD+0.0100%1h1,457.6+0.071%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.9+0.021%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,456.8+0.015%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.4−0.014%$445K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,458.9+0.160%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457+0.025%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,457.9+0.088%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.3+0.047%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,456.7+0.008%$897K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,458.5+0.134%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,459.7+0.213%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,456.9+0.018%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,459.9+0.227%$848K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,459+0.167%$3.7M$11.6M50xas long as short
Aftermath Perps ZECUSD+0.0477%1h1,458+0.098%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,460.2+0.249%$748K$8.0M10xas long as short
Lighter RH ZEC+0.0592%1h1,460.3+0.254%$2.0M$8.5M10xas long as short