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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h +0.025%
Price spread now: StandX against Variational Omni+0.128%7-day average +0.044% · 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)+0.025%+$2 on $10k
Price spread, last 7 days−0.111%−$11 · spread now +0.128%, 7d avg +0.044%
Together, before fees−0.086%+ Points / potential airdropVariational Omni: Active · StandX: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and StandX is 0.083% dearer against Variational Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEC1,468.2−0.0056get 0.0056% / 8h7h 34m$47.6M$34.2M
ShortStandX ZEC-USD1,470.10.0100get 0.0013% / 1h34m 37s$110K$4.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$32.72
Price spread: +0.128% → +0.044%
$8.35
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee StandX: 4 bp × 2 orders
−$8
Net
$33.07
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; StandX: live order book, 4 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, 5 min ago2.86 bpdoesn't fit4.4 bp −$448.3 bp −$830doesn't fit
Sell StandX live order book, 4 min ago4.96 bp10.0 bp −$1013.6 bp −$136doesn'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−0.3321%1h1,470.8+0.176%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,468.7+0.035%$17.8M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0150%1h1,468−0.012%$399K$518K5xas long as short
BloFin ZEC-USDT−0.0102%8h1,468.9+0.047%$29.7M$73.2M75xas long as short
Bybit ZECUSDT−0.0099%8h1,468.7+0.038%$273.8M$637.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.4+0.081%$6K$2K10xas long as short
Variational Omni ZEClong−0.0056%8h1,468.2long leg$47.6M$34.2M
dYdX ZEC-USD0.0000%1h1,468.6+0.026%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.9+0.052%$957K$5.3M2.2xas long as short
Perpl ZEC0.0000%43m1,468.7+0.038%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,468.7+0.036%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,468.6+0.027%$293K$1.4M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,469.3+0.077%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0045%8h1,469+0.056%$181.7M$1.30B50xas long as short
Phoenix ZEC+0.0054%1h1,470.9+0.182%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,468.6+0.030%$377K100xas long as short
Popdex ZECUSDT+0.0096%1h1,468.5+0.019%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,469.2+0.072%$14K$832K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,469.2+0.071%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,468.9+0.050%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.5+0.090%$762.1M$454.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.1−0.005%$14.9M$31.9M75xas long as short
Pacifica ZEC+0.0100%1h1,469.3+0.076%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.2+0.067%$683.6M$2.39B75xas long as short
Arcus ZEC-USD+0.0100%1h1,470.5+0.160%$701K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471+0.191%$895K$25K10xas long as short
Gate ZEC_USDT+0.0100%8h1,469.2+0.066%$51.2M$179.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,469.2+0.068%$231.3M$824.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.2+0.068%$104.8M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,469.2+0.070%$163.4M$293.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,468.4+0.014%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.6+0.164%$572K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,471.5+0.228%$3.0M$466K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470+0.121%$430K$860K50xas long as short
StandX ZEC-USDshort+0.0100%1h1,470.1+0.128%$110K$4.8M30x
Polymarket Perps ZEC-USD+0.0100%1h1,468.1−0.005%$332K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,468.5+0.025%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.8−0.095%$457K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,470.9+0.186%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,468.5+0.023%$242K$4.0M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468−0.010%$2.5M$21.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,469.4+0.081%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,469.1+0.066%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,468.2+0.002%$58K$183K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0111%1h1,469.3+0.078%$604K$1.3M25xas long as short
Lighter ZEC+0.0184%1h1,470.5+0.159%$19.2M$50.4M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,469.8+0.113%$850K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,469.8+0.107%$3.8M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0528%1h1,469.1+0.061%$2.5M$3.8M15xas long as short
Aftermath Perps ZECUSD+0.0766%1h1,471+0.193%$44K$47K10xas long as short
Lighter RH ZEC+0.0776%1h1,470.8+0.181%$2.0M$8.1M10xas long as short