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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.036%
Price spread now: Ondo Perps against Extended−0.287%7-day average −0.046% · 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+0.048%+$5 on $10k
Price spread, last 4 days (all we have)+0.213%+$21 · spread now −0.287%, 7d avg −0.046%
Together, before fees+0.262%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board+$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.241% cheaper against Extended than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,493.30.0104pay 0.0013% / 1h21m 34s$2.8M$7.8M10x
ShortOndo Perps ZEC-USD.P1,4890.0100get 0.0013% / 1h21m 34s$403K$438K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.84
Price spread: −0.287% → −0.046%
−$24.09
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$34.93
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Extended: 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 Extended live order book, 2 min ago2.17 bp4.7 bp −$58.4 bp −$8454.2 bp −$5,422doesn'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−0.3243%1h1,461.8−2.110%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0098%8h1,482.6−0.713%$30.1M$71.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,493−0.017%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,493−0.017%$415K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,482.5−0.725%$1.6M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,494.9+0.109%$85K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0007%1h1,484.4−0.595%$5.3M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,487.2−0.409%$298K$896K20xas long as short
01 Exchange ZECUSD+0.0064%1h1,496.5+0.213%$8K$7K5xas long as short
Phoenix ZEC+0.0092%1h1,475.1−1.218%$4.7M$1.3M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0095%8h1,495.7+0.159%$268.4M$602.1M75xas long as short
Popdex ZECUSDT+0.0096%1h1,496.8+0.237%$181K$1.6M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,496.8+0.232%$12K$830K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,493.3+0.002%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,495+0.118%$2.8M$6.4M10xas long as short
Hyperliquid ZEC+0.0100%1h1,496+0.182%$780.2M$424.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,495.9+0.174%$14.7M$28.5M75xas long as short
Pacifica ZEC+0.0100%1h1,492.9−0.024%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,496+0.183%$694.4M$2.19B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,495.3+0.136%$180.8M$1.25B50xas long as short
Ondo Perps ZEC-USD.Pshort+0.0100%1h1,489−0.287%$403K$438K5x
Bulk ZEC-USD+0.0100%1h1,479.3−0.938%$894K$15K10xas long as short
Gate ZEC_USDT+0.0100%8h1,492.2−0.074%$54.0M$173.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,492.8−0.034%$230.4M$768.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,492.1−0.078%$106.3M$53.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,495.3+0.133%$168.5M$270.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,493.6+0.020%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,473.7−1.313%$48.3M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,479.1−0.952%$558K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,481.5−0.791%$3.0M$462K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,481.5−0.790%$410K$927K50xas long as short
StandX ZEC-USD+0.0100%1h1,484−0.619%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,495.8+0.169%$369K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,484.3−0.601%$163K$183K20xas long as short
Derive ZEC-PERP+0.0100%1h1,485.9−0.492%$454K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,489.1−0.280%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,486.7−0.439%$246K$3.3M10xas long as short
HTX ZEC-USDT+0.0100%8h1,488.6−0.317%$2.5M$19.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,488.4−0.328%$3.9M$4.8M50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0100% / S −0.0054%1h1,484.5−0.588%$442K100xas long as short
Extended ZEC-USDlong+0.0104%1h1,493.3long leg$2.8M$7.8M10x
Aevo ZEC-PERP+0.0104%1h1,486.8−0.431%$45K$153K20xas long as short
Lighter RH ZEC+0.0120%1h1,494+0.045%$2.1M$7.2M10xas long as short
Kraken Futures PF_ZECUSD+0.0145%1h1,487.1−0.411%$18.2M$45.7M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,494.6+0.089%$940K$1.1M10xas long as short
Lighter ZEC+0.0200%1h1,494.2+0.061%$19.7M$44.1M20xas long as short
Backpack ZEC_USDC_PERP+0.0389%1h1,492.2−0.074%$2.4M$3.7M15xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0453%1h1,488.6−0.316%$633K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,489.9−0.230%$3.8M$9.4M50xas long as short
Arcus ZEC-USD+0.0508%1h1,494.2+0.063%$640K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0705%1h1,477.4−1.066%$45K$49K10xas long as short