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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0119%/8h= −13.1% APRpaid last 24h −0.026%
Price spread now: Ondo Perps against edgeX−0.134%7-day average +0.006% · 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 7 days−0.051%−$5 on $10k
Price spread, last 4 days (all we have)+0.174%+$17 · spread now −0.134%, 7d avg +0.006%
Together, before fees+0.123%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Ondo Perps is 0.141% cheaper against edgeX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,476.10.0100pay 0.0050% / 4h2h 26m$574K$9.0M20x
ShortOndo Perps ZEC-USD.P1,474.1−0.0019pay 0.0002% / 1h26m 53s$400K$518K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against edgeX. 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
−$25.03
Price spread: −0.134% → +0.006%
−$14.09
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$53.12
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: edgeX: 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 edgeX live order book, 2 min ago0.37 bp4.9 bp −$58.9 bp −$89doesn'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 50 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−0.3678%1h1,475.4−0.044%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,477.1+0.068%$6K$1K10xas long as short
Ondo Perps ZEC-USD.Pshort−0.0019%1h1,474.1−0.134%$400K$518K5x
Kraken Futures PF_ZECUSD−0.0002%1h1,475−0.071%$18.1M$43.5M25xas long as short
dYdX ZEC-USD0.0000%1h1,475.9−0.012%$416K$55K5xas long as short
Kalshi KXZECPERP0.0000%8h1,476.4+0.023%$976K$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,475.3−0.051%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,475.2−0.059%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0027%8h1,474.8−0.086%$294K$1.1M20xas long as short
Variational Omni ZEC+0.0040%8h1,476.4+0.020%$48.0M$33.0Mas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,474.9−0.079%$385K100xas long as short
01 Exchange ZECUSD+0.0064%1h1,475.7−0.027%$8K$9K5xas long as short
Phoenix ZEC+0.0070%1h1,478.2+0.145%$4.7M$1.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0095%8h1,475.2−0.058%$181.4M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,475.1−0.065%$174K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,475−0.077%$17K$840K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,476.4+0.021%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,475.5−0.042%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,476.1+0.001%$768.2M$445.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,475−0.074%$14.9M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,476.4+0.021%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,475.5−0.042%$681.9M$2.33B75xas long as short
Bybit ZECUSDT+0.0100%8h1,475.2−0.058%$272.0M$618.1M75xas long as short
Bulk ZEC-USD+0.0100%1h1,470.5−0.379%$893K$19K10xas long as short
Gate ZEC_USDT+0.0100%8h1,474.7−0.094%$50.2M$175.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,474.6−0.099%$215.3M$799.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.8−0.088%$103.7M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,474.8−0.087%$163.8M$283.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,475.3−0.054%$6.7Mas long as short
edgeX ZECUSDClong+0.0100%4h1,476.1long leg$574K$9.0M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,475−0.073%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474−0.139%$429K$907K50xas long as short
StandX ZEC-USD+0.0100%1h1,476.5+0.030%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,475.2−0.060%$340K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,475−0.074%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.5−0.176%$458K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.7+0.109%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,474.9−0.082%$243K$3.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,475.7−0.026%$2.6M$18.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,475.7−0.027%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,474.8−0.090%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,475−0.074%$48K$162K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0128%1h1,475.7−0.029%$614K$1.3M25xas long as short
Arcus ZEC-USD+0.0254%1h1,477+0.065%$682K$8.7M10xas long as short
Lighter ZEC+0.0256%1h1,476.9+0.058%$19.3M$48.1M20xas long as short
Lighter RH ZEC+0.0304%1h1,477+0.061%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,476.1+0.002%$868K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,477.8+0.117%$3.7M$9.5M50xas long as short
Backpack ZEC_USDC_PERP+0.0503%1h1,475.5−0.038%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0726%1h1,475.4−0.044%$44K$46K10xas long as short