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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:20 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.027%
Price spread now: Perpl against 01 Exchange−0.025%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPerpl: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Perpl is 0.025% cheaper against 01 Exchange than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ZECUSD1,457.30.0040pay 0.0005% / 1h11m 07s$8K$8K5x
ShortPerpl ZEC1,456.90get 0.0000% / 43m41m 07s$83K$401K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl against 01 Exchange. 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
−$8.4
Price spread: −0.025% → 0.000%
−$2.47
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$31.67
Costs to cover
0.208%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Perpl: 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 01 Exchange no order-book sample
Sell Perpl no order-book sample
01 Exchange and Perpl: 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−0.3476%1h1,433.1−1.655%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0086%8h1,456.8−0.030%$28.8M$75.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,457.5+0.019%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,456.7−0.036%$17.7M$44.7M25xas long as short
Bybit ZECUSDT−0.0017%8h1,456.7−0.036%$268.9M$677.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,458.5+0.084%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,457.6+0.025%$934K$5.7M2.2xas long as short
Perpl ZECshort0.0000%43m1,456.9−0.025%$83K$401K10x
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,457.5+0.015%$593K$1.3M25xas long as short
Variational Omni ZEC+0.0002%8h1,456.6−0.046%$45.6M$33.4Mas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.3+0.005%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,456.6−0.043%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0017% / S +0.0073%1h1,457.1−0.009%$557K100xas long as short
01 Exchange ZECUSDlong+0.0040%1h1,457.3long leg$8K$8K5x
Ondo Perps ZEC-USD.P+0.0044%1h1,455.9−0.093%$395K$520K5xas long as short
OKX ZEC-USDT-SWAP+0.0057%8h1,458+0.050%$174.0M$1.36B50xas long as short
Gate ZEC_USDT+0.0063%8h1,456.8−0.034%$49.3M$191.0M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,457.2−0.005%$15K$865K10xas long as short
Lighter ZEC+0.0096%1h1,458.5+0.087%$18.8M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,456.9−0.023%$173K$2.0M50xas long as short
Aster ZECUSDT+0.0097%8h1,457−0.016%$15.3M$33.9M75xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,456.9−0.028%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.8+0.035%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,457.8+0.037%$754.0M$495.3M10xas long as short
Pacifica ZEC+0.0100%1h1,457.5+0.013%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.7+0.033%$665.6M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.8−0.030%$218.0M$898.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456.8−0.029%$103.0M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457.3+0.004%$161.3M$312.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,457−0.020%$101.6Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,457.8+0.034%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,457.1−0.012%$489K$9.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,458.5+0.086%$3.0M$492K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458+0.048%$428K$814K50xas long as short
StandX ZEC-USD+0.0100%1h1,458.6+0.090%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.9−0.025%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,456.8−0.031%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.4−0.060%$445K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,458.9+0.114%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457−0.021%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,457.9+0.042%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.3+0.001%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,456.7−0.038%$897K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,458.5+0.088%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,457.4+0.009%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,456.9−0.028%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,457.7+0.030%$852K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,459+0.121%$3.7M$11.6M50xas long as short
Aftermath Perps ZECUSD+0.0477%1h1,458+0.052%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,458.7+0.097%$747K$8.0M10xas long as short
Lighter RH ZEC+0.0600%1h1,459.1+0.126%$1.9M$8.5M10xas long as short