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−0.0362%/8h= −39.7% APRpaid last 24h −0.001%
Price spread now: Ondo Perps against Aster+0.020%47s7-day average −0.030% · 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 5 days (all we have)+0.264%+$26 on $10k
Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.020%, 7d avg −0.030%
Together, before fees+0.216%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board+$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.050% dearer against Aster than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.030%): +$5 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 5 days funding on this pair paid +0.264%, so the current rate has only just turned against you. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,469.80.0100pay 0.0100% / 8h31m 54s$15.0M$32.7M75x
ShortOndo Perps ZEC-USD.P1,470.1−0.0262pay 0.0033% / 1h31m 54s$399K$516K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aster. 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
−$76.1
Price spread: +0.020% → −0.030%
$4.96
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$84.15
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 2 min ago; Ondo Perps: 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 Aster live order book, 2 min ago0.03 bp6.8 bp −$78.3 bp −$8319.8 bp −$1,98087.4 bp −$43.7K
Sell Ondo Perps no order-book sample
Ondo Perps: 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−0.3089%1h1,474.7+0.333%$34K$275K12xas long as short
Ondo Perps ZEC-USD.Pshort−0.0262%1h1,470.1+0.020%$399K$516K5x
Kraken Futures PF_ZECUSD−0.0225%1h1,470+0.011%$17.9M$44.3M25xas long as short
Bybit ZECUSDT−0.0110%8h1,469.1−0.050%$274.7M$654.9M75xas long as short
BloFin ZEC-USDT−0.0102%8h1,469.8−0.003%$29.6M$75.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.9+0.008%$6K$2K10xas long as short
Variational Omni ZEC−0.0051%8h1,469.5−0.022%$47.0M$33.7Mas long as short
ApeX Omni ZECUSDT−0.0037%1h1,472.7+0.199%$432K$832K50xas long as short
dYdX ZEC-USD0.0000%1h1,469.8−0.003%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,469.8+0.002%$901K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,470.9+0.074%$84K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,470.5+0.044%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0012%8h1,470.1+0.020%$294K$1.4M20xas long as short
01 Exchange ZECUSD+0.0016%1h1,470.8+0.068%$8K$8K5xas long as short
Phoenix ZEC+0.0024%1h1,473.2+0.230%$4.7M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0036%8h1,469.7−0.010%$180.6M$1.34B50xas long as short
Gate ZEC_USDT+0.0044%8h1,469.7−0.005%$50.7M$186.4M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0010%1h1,470.4+0.041%$371K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0065%1h1,471.1+0.085%$614K$1.3M25xas long as short
Lighter ZEC+0.0096%1h1,471.4+0.108%$19.1M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,470.5+0.046%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,469.7−0.010%$13K$834K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470.2+0.029%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470.7+0.062%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,470.9+0.073%$762.3M$474.0M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,469.8long leg$15.0M$32.7M75x
Pacifica ZEC+0.0100%1h1,470.9+0.076%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.7−0.005%$683.3M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,472.3+0.167%$721K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,473.1+0.222%$909K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,469.8−0.004%$231.6M$837.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,470+0.016%$103.5M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,469.8−0.001%$162.8M$302.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,469.7−0.006%$102.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.8+0.134%$514K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,471.6+0.123%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,470.5+0.046%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470.4+0.040%$344K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,470.3+0.036%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.6−0.085%$448K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.7+0.198%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.7−0.007%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,469.7−0.009%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.4+0.038%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,470.2+0.024%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,470.2+0.027%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,471.3+0.099%$825K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0419%1h1,470.8+0.064%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,472.3+0.166%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0488%1h1,472.1+0.154%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0700%1h1,472+0.149%$46K$47K10xas long as short