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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0170%/8h= +18.6% APRpaid last 24h +0.034%
Price spread now: Ondo Perps against BloFin+0.237%95s7-day average −0.051% · 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+0.401%+$40 on $10k
Price spread, last 4 days (all we have)−0.757%−$76 · spread now +0.237%, 7d avg −0.051%
Together, before fees−0.355%+ Points / potential airdropOndo Perps: Active · farm board−$36 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 Ondo Perps is 0.288% dearer against BloFin than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.051%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,454.6−0.0070get 0.0070% / 8h3h 55m$29.5M$70.7M75x
ShortOndo Perps ZEC-USD.P1,4580.0100get 0.0013% / 1h55m 24s$395K$442K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against BloFin. 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
$35.7
Price spread: +0.237% → −0.051%
$28.81
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$47.52
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: BloFin: live order book, 4 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 BloFin live order book, 4 min ago0.51 bp8.2 bp −$89.6 bp −$96doesn't fitdoesn'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−0.3042%1h1,456+0.100%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,454.7+0.008%$6K$1K10xas long as short
BloFin ZEC-USDTlong−0.0070%8h1,454.6long leg$29.5M$70.7M75x
ApeX Omni ZECUSDT−0.0032%1h1,454.7+0.008%$404K$942K50xas long as short
dYdX ZEC-USD0.0000%1h1,454.4−0.010%$410K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,456.4+0.130%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,453.5−0.069%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,455.4+0.058%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0064%8h1,455.2+0.044%$291K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0072% / S −0.0024%1h1,455.3+0.051%$408K100xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,454.7+0.013%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,455+0.033%$10K$858K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,454.6+0.001%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,455.1+0.038%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,454.8+0.020%$14.7M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,454.6+0.003%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,455.4+0.061%$668.6M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,454.8+0.014%$261.2M$601.3M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,455.3+0.052%$177.7M$1.22B50xas long as short
Ondo Perps ZEC-USD.Pshort+0.0100%1h1,458+0.237%$395K$442K5x
Bulk ZEC-USD+0.0100%1h1,457.5+0.206%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,455.4+0.060%$50.5M$170.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,455+0.028%$214.6M$763.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,455.2+0.043%$102.7M$53.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,455.6+0.072%$165.5M$270.8M75xas long as short
BingX ZEC-USDT+0.0100%8h1,455.7+0.078%$105.7Mas long as short
Variational Omni ZEC+0.0100%8h1,454−0.036%$47.7M$32.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,454.8+0.018%$566K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,455.1+0.039%$3.0M$451K10xas long as short
StandX ZEC-USD+0.0100%1h1,454.5−0.007%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.9+0.024%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,455.1+0.040%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,454.1−0.029%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,456.5+0.131%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,454.4−0.010%$233K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,454.2−0.023%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,455+0.032%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,454.3−0.020%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,455.2+0.042%$47K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,455+0.034%$8K$7K5xas long as short
Phoenix ZEC+0.0123%1h1,457.7+0.214%$4.6M$1.3M10xas long as short
Hyperliquid ZEC+0.0138%1h1,456.3+0.120%$757.5M$431.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0154%1h1,454.7+0.010%$2.4M$3.9M15xas long as short
Lighter ZEC+0.0168%1h1,455.9+0.091%$19.2M$44.7M20xas long as short
Lighter RH ZEC+0.0192%1h1,455.5+0.067%$2.1M$7.0M10xas long as short
RISEx ZEC/USDC+0.0216%1h1,454.6+0.004%$921K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0253%1h1,455.5+0.067%$614K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,454.4−0.012%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,456.8+0.158%$684K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,456.6+0.141%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0674%1h1,456.5+0.134%$45K$49K10xas long as short