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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Ondo Perps against OKX−0.346%7-day average −0.049% · 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+0.275%+$27 on $10k
Price spread, last 4 days (all we have)+0.249%+$25 · spread now −0.346%, 7d avg −0.049%
Together, before fees+0.524%+ Points / potential airdropOndo Perps: Active · farm board+$52 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 0.297% cheaper against OKX than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of −0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZEC-USDT-SWAP1,518.60.0100pay 0.0100% / 8h7h 58m$183.4M$1.39B50x
ShortOndo Perps ZEC-USD.P1,513.30.0100get 0.0013% / 1h58m 20s$413K$554K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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
$0
Price spread: −0.346% → −0.049%
−$29.65
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$44.65
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 6 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 OKX live order book, 6 min ago0.03 bp6.3 bp −$68.2 bp −$8218.4 bp −$1,845doesn'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−0.3702%1h1,496.3−1.467%$36K$275K12xas long as short
Bulk ZEC-USD−0.0463%1h1,515.3−0.216%$779K$147K10xas long as short
Perpl ZEC−0.0447%43m1,516.3−0.150%$62K$305K10xas long as short
Bybit ZECUSDT−0.0179%8h1,517.1−0.094%$273.1M$628.8M75xas long as short
BloFin ZEC-USDT−0.0164%8h1,515.6−0.193%$31.5M$77.1M75xas long as short
Aftermath Perps ZECUSD−0.0107%1h1,513.1−0.359%$48K$59K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,517−0.105%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,515.3−0.216%$421K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,515.9−0.176%$1.6M$5.0M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,515.7−0.189%$692K$1.4M25xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,517.5−0.072%$5.4M150xas long as short
Kraken Futures PF_ZECUSD+0.0019%1h1,515.9−0.176%$18.3M$47.8M25xas long as short
01 Exchange ZECUSD+0.0024%1h1,517.5−0.070%$8K$6K5xas long as short
Gate ZEC_USDT+0.0062%8h1,516.9−0.111%$60.0M$182.1M75xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,518.3−0.016%$306K$862K20xas long as short
Phoenix ZEC+0.0096%1h1,514.3−0.282%$4.8M$1.4M10xas long as short
Lighter RH ZEC+0.0096%1h1,517.4−0.074%$2.1M$7.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,517.8−0.051%$176K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,516.2−0.154%$62K$19K10xas long as short
Nado ZEC-PERP+0.0100%1h1,517.5−0.069%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,518−0.036%$794.4M$448.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,516.5−0.137%$14.2M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,516.2−0.155%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,517.7−0.054%$717.2M$2.34B75xas long as short
OKX ZEC-USDT-SWAPlong+0.0100%8h1,518.6long leg$183.4M$1.39B50x
Ondo Perps ZEC-USD.Pshort+0.0100%1h1,513.3−0.346%$413K$554K5x
Arcus ZEC-USD+0.0100%1h1,517.5−0.067%$597K$8.9M10xas long as short
MEXC ZEC_USDT+0.0100%8h1,517−0.103%$305.5M$809.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,517.6−0.066%$103.8M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,519.2+0.041%$164.1M$294.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,516.6−0.127%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,513.8−0.314%$50.0M$35.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,510.8−0.508%$578K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,514.6−0.257%$3.1M$532K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,509.9−0.568%$416K$948K50xas long as short
StandX ZEC-USD+0.0100%1h1,515.4−0.205%$54K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,517.9−0.043%$377K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,515.3−0.215%$169K$193K20xas long as short
Derive ZEC-PERP+0.0100%1h1,514.5−0.269%$452K$408K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,517.9−0.043%$4K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,515.6−0.192%$256K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,514.7−0.255%$2.7M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,515.9−0.176%$4.1M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,516−0.167%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,518.8+0.016%$44K$151K20xas long as short
Lighter ZEC+0.0112%1h1,517.1−0.096%$19.7M$43.7M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0152% / S −0.0152%1h1,517.5−0.071%$337K100xas long as short
RISEx ZEC/USDC+0.0157%1h1,517.7−0.059%$967K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,515.1−0.230%$3.7M$9.8M50xas long as short
Backpack ZEC_USDC_PERP+0.0509%1h1,516−0.171%$2.4M$3.8M15xas long as short