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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0274%/8h= −30.0% APRpaid last 24h −0.004%
Price spread now: Ondo Perps against Binance+0.004%7-day average −0.046% · 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 7 days+0.262%+$26 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.004%, 7d avg −0.046%
Together, before fees+0.215%+ Points / potential airdropOndo Perps: Active · farm board+$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.050% dearer against Binance than usual: you sell high and buy low (spread +0.004% now, against its 7-day average of −0.046%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 15 hours. Mind the row above: over the last 7 days funding on this pair paid +0.262%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZECUSDT1,466.80.0100pay 0.0100% / 8h1h 43m$675.2M$2.50B75x
ShortOndo Perps ZEC-USD.P1,466.9−0.0174pay 0.0022% / 1h43m 07s$398K$521K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Binance. 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
−$57.62
Price spread: +0.004% → −0.046%
$4.99
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$67.64
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 16 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 Binance live order book, 16 min ago0.03 bp5.4 bp −$56.1 bp −$6111.7 bp −$1,172doesn't fit
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−0.3310%1h1,462.9−0.266%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,467.1+0.018%$17.8M$44.6M25xas long as short
Ondo Perps ZEC-USD.Pshort−0.0174%1h1,466.9+0.004%$398K$521K5x
BloFin ZEC-USDT−0.0098%8h1,467.1+0.018%$29.1M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,468.2+0.095%$6K$2K10xas long as short
Bybit ZECUSDT−0.0047%8h1,466.3−0.034%$271.7M$673.4M75xas long as short
Variational Omni ZEC−0.0022%8h1,467.6+0.052%$46.6M$34.0Mas long as short
dYdX ZEC-USD0.0000%1h1,469.2+0.159%$414K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.9+0.140%$891K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,467.2+0.027%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,467.8+0.067%$597K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,468.1+0.082%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,467.7+0.061%$543K100xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,467.4+0.040%$294K$1.5M20xas long as short
OKX ZEC-USDT-SWAP+0.0048%8h1,466.8−0.004%$176.2M$1.36B50xas long as short
Bulk ZEC-USD+0.0054%1h1,460.6−0.428%$899K$25K10xas long as short
01 Exchange ZECUSD+0.0056%1h1,468.3+0.099%$8K$8K5xas long as short
Gate ZEC_USDT+0.0057%8h1,467.3+0.029%$49.9M$184.3M75xas long as short
Phoenix ZEC+0.0075%1h1,468.6+0.123%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,468+0.081%$14K$862K10xas long as short
Lighter ZEC+0.0096%1h1,468.9+0.138%$19.0M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,467.6+0.054%$173K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468+0.077%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.8+0.068%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.5+0.113%$760.9M$490.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,467.5+0.042%$15.4M$33.6M75xas long as short
Pacifica ZEC+0.0100%1h1,468.9+0.139%$1.7M$3.0M10xas long as short
Binance ZECUSDTlong+0.0100%8h1,466.8long leg$675.2M$2.50B75x
MEXC ZEC_USDT+0.0100%8h1,467.3+0.033%$222.3M$856.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.5+0.045%$103.2M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.4+0.038%$162.7M$307.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,467.1+0.018%$103.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,468.2+0.090%$511K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.7+0.057%$3.0M$481K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,467.8+0.067%$431K$819K50xas long as short
StandX ZEC-USD+0.0100%1h1,468.6+0.117%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.1+0.086%$346K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.4+0.037%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.9−0.067%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.4+0.177%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.8−0.001%$222K$4.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467.8+0.062%$2.5M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.5+0.048%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,467.6+0.054%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.2+0.024%$37K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,468.5+0.110%$844K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0244%1h1,468.2+0.089%$2.3M$4.0M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,470.2+0.230%$3.7M$11.7M50xas long as short
Lighter RH ZEC+0.0440%1h1,469.3+0.169%$2.0M$8.2M10xas long as short
Arcus ZEC-USD+0.0444%1h1,469.3+0.166%$731K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0534%1h1,467.1+0.017%$41K$34K10xas long as short