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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h −0.003%
Price spread now: Ondo Perps against BingX+0.093%7-day average −0.050% · 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+0.288%+$29 on $10k
Price spread, last 4 days (all we have)−0.307%−$31 · spread now +0.093%, 7d avg −0.050%
Together, before fees−0.019%+ Points / potential airdropOndo Perps: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.143% dearer against BingX than usual: you sell high and buy low (spread +0.093% now, against its 7-day average of −0.050%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days. Mind the row above: over the last 7 days funding on this pair paid +0.288%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZEC-USDT1,451.50.0100pay 0.0100% / 8h2h 47m$107.0M
ShortOndo Perps ZEC-USD.P1,452.80.0075get 0.0009% / 1h47m 10s$394K$518K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against BingX. 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
−$5.21
Price spread: +0.093% → −0.050%
$14.28
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$5.93
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 7 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 BingX live order book, 7 min ago0.17 bp5.5 bp −$57.7 bp −$7713.4 bp −$1,33627.8 bp −$13.9K
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−0.3476%1h1,437.8−0.940%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,454.8+0.228%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,451.8+0.027%$17.6M$44.4M25xas long as short
BloFin ZEC-USDT−0.0066%8h1,453+0.109%$28.9M$75.2M75xas long as short
Variational Omni ZEC−0.0026%8h1,451.7+0.017%$45.5M$32.1Mas long as short
Bybit ZECUSDT−0.0007%8h1,451.5+0.003%$268.9M$674.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,454.9+0.234%$410K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,453.9+0.172%$846K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,453.7+0.156%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,453.2+0.123%$566K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,453.2+0.122%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0009%8h1,452.7+0.084%$291K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0037% / S +0.0066%1h1,452.8+0.096%$543K100xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,451.8+0.027%$172.0M$1.36B50xas long as short
Aster ZECUSDT+0.0062%8h1,453.2+0.119%$15.3M$35.1M75xas long as short
Gate ZEC_USDT+0.0063%8h1,451.8+0.027%$49.1M$185.6M75xas long as short
01 Exchange ZECUSD+0.0072%1h1,454.3+0.194%$8K$8K5xas long as short
Ondo Perps ZEC-USD.Pshort+0.0075%1h1,452.8+0.093%$394K$518K5x
Katana Perps ZEC-USD+0.0095%8h1,454.1+0.179%$17K$879K10xas long as short
Lighter ZEC+0.0096%1h1,453.4+0.132%$18.7M$53.9M20xas long as short
Popdex ZECUSDT+0.0096%1h1,453.7+0.156%$177K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,453.3+0.129%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,453.6+0.146%$3.0M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,452.8+0.091%$751.3M$494.2M10xas long as short
Pacifica ZEC+0.0100%1h1,454.1+0.180%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,452.2+0.051%$658.5M$2.54B75xas long as short
Bulk ZEC-USD+0.0100%1h1,455+0.242%$896K$37K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,451.5+0.002%$218.2M$882.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,453.1+0.111%$103.3M$56.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,451.6+0.010%$161.8M$315.3M75xas long as short
BingX ZEC-USDTlong+0.0100%8h1,451.5long leg$107.0M
Backpack ZEC_USDC_PERP+0.0100%1h1,452.2+0.053%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,453.4+0.138%$487K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,454.1+0.182%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,452.6+0.082%$706K$606K50xas long as short
StandX ZEC-USD+0.0100%1h1,454.3+0.194%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,453.2+0.121%$298K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,452.6+0.081%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451.5+0.002%$441K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,456.7+0.360%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.2+0.051%$219K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,453.3+0.127%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,451.9+0.030%$3.7M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,453.6+0.151%$4.6M$1.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,452.8+0.094%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,454.3+0.193%$863K$2.5M10xas long as short
Extended ZEC-USD+0.0232%1h1,452.7+0.086%$3.3M$7.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,454.7+0.225%$3.7M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0459%1h1,453.7+0.158%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,455.8+0.301%$751K$7.8M10xas long as short
Lighter RH ZEC+0.0728%1h1,454.3+0.194%$1.9M$8.4M10xas long as short