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+0.0077%/8h= +8.4% APRnext payment +$0.77 per $10,000 · paid last 24h +0.025%
Price spread now: HTX against Variational Omni−0.076%7-day average +0.031% · 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 3 days (all we have)−0.062%−$6 on $10k
Price spread, last 3 days (all we have)+0.564%+$56 · spread now −0.076%, 7d avg +0.031%
Together, before fees+0.502%+ Points / potential airdropVariational Omni: Active · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.107% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of +0.031%). If the spread goes back, that is −$11 on $10k: about 4.6 days of funding at the current rate (+$2 a day). Mind the row above: over the last 3 days funding on this pair cost −0.062%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEC1,466.10.0023pay 0.0023% / 8h6h 41m$47.8M$33.3M
ShortHTX ZEC-USDT1,4650.0100get 0.0100% / 8h6h 41m$2.5M$19.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$16.12
Price spread: −0.076% → +0.031%
−$10.68
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$6.56
Costs to cover
0.120%
Break-even
9.8 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; HTX: 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, 3 min ago2.75 bpdoesn't fit6.2 bp −$6213.5 bp −$1,349doesn't fit
Sell HTX live order book, 3 min ago1.09 bp13.3 bp −$1316.8 bp −$16839.9 bp −$3,993doesn'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−0.3678%1h1,467.9+0.125%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.8+0.113%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0054%1h1,467.1+0.068%$398K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,466.3+0.015%$18.0M$43.6M25xas long as short
dYdX ZEC-USD0.0000%1h1,467.2+0.077%$413K$57K5xas long as short
Kalshi KXZECPERP0.0000%8h1,465.3−0.058%$969K$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,466.5+0.029%$83K$264K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,466.4+0.020%$5.2M150xas long as short
BloFin ZEC-USDT+0.0012%8h1,475.2+0.620%$29.6M$73.3M75xas long as short
Variational Omni ZEClong+0.0023%8h1,466.1long leg$47.8M$33.3M
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0026%8h1,466.3+0.014%$293K$1.1M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,466.8+0.045%$8K$9K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,466.3+0.013%$383K100xas long as short
Phoenix ZEC+0.0070%1h1,466.9+0.051%$4.6M$1.5M10xas long as short
Gate ZEC_USDT+0.0080%8h1,466.1−0.001%$49.8M$174.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0082%8h1,466.4+0.019%$181.1M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,466.3+0.010%$172K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,466−0.011%$16K$839K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.6+0.037%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.1+0.065%$2.5M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467+0.061%$763.1M$450.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,466.3+0.013%$14.8M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,466.7+0.038%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,466.3+0.012%$679.9M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,466.3+0.012%$270.5M$627.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,466.2+0.008%$214.8M$794.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466.4+0.019%$103.2M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.1−0.001%$162.6M$286.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,466.6+0.030%$100.0Mas long as short
edgeX ZECUSDC+0.0100%4h1,469.5+0.230%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.7+0.446%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,467.8+0.115%$427K$906K50xas long as short
StandX ZEC-USD+0.0100%1h1,470+0.266%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,466−0.007%$338K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.3+0.010%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,464.7−0.093%$456K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,468.5+0.165%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.3+0.011%$242K$3.9M10xas long as short
HTX ZEC-USDTshort+0.0100%8h1,465−0.076%$2.5M$19.2M75x
Phemex ZECUSDT+0.0100%8h1,466−0.009%$3.9M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.6+0.582%$897K$17K10xas long as short
Extended ZEC-USD+0.0104%1h1,466.1+0.002%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,465.7−0.027%$48K$167K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0138%1h1,466.7+0.041%$603K$1.3M25xas long as short
Lighter RH ZEC+0.0224%1h1,467.8+0.114%$2.0M$7.1M10xas long as short
Lighter ZEC+0.0240%1h1,467.4+0.086%$19.1M$48.0M20xas long as short
Arcus ZEC-USD+0.0254%1h1,468+0.130%$695K$8.7M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,466.9+0.053%$852K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,467.7+0.107%$3.6M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0524%1h1,468.2+0.142%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0737%1h1,471.3+0.357%$44K$46K10xas long as short