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+0.0118%/8h= +13.0% APRpaid last 24h +0.008%
Price spread now: Aster against Ondo Perps+0.341%7-day average +0.030% · 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 5 days (all we have)−0.249%−$25 on $10k
Price spread, last 4 days (all we have)−0.273%−$27 · spread now +0.341%, 7d avg +0.030%
Together, before fees−0.522%+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm board−$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aster is 0.311% dearer against Ondo Perps than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.030%. Mind the row above: over the last 5 days funding on this pair cost −0.249%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,471.7−0.0018get 0.0002% / 1h31m 57s$399K$518K5x
ShortAster ZECUSDT1,476.70.0100get 0.0100% / 8h6h 31m$14.9M$31.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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
$24.86
Price spread: +0.341% → +0.030%
$31.09
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
$42.96
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 2 min ago. 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 Ondo Perps no order-book sample
Sell Aster live order book, 2 min ago0.78 bp4.8 bp −$55.8 bp −$5816.9 bp −$1,69071.2 bp −$35.6K
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%1h1,471.7+0.002%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.6+0.060%$6K$1K10xas long as short
Ondo Perps ZEC-USD.Plong−0.0018%1h1,471.7long leg$399K$518K5x
Kraken Futures PF_ZECUSD−0.0002%1h1,476.6+0.334%$18.1M$43.6M25xas long as short
dYdX ZEC-USD0.0000%1h1,473.7+0.132%$415K$56K5xas long as short
Kalshi KXZECPERP0.0000%8h1,476.5+0.326%$976K$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,474.4+0.183%$84K$258K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,476.5+0.325%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0027%8h1,476.5+0.327%$295K$1.1M20xas long as short
Variational Omni ZEC+0.0033%8h1,470.4−0.086%$47.9M$33.3Mas 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%1h1,476.4+0.321%$386K100xas long as short
01 Exchange ZECUSD+0.0056%1h1,475.4+0.249%$8K$9K5xas long as short
Phoenix ZEC+0.0070%1h1,471.2−0.034%$4.7M$1.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0093%8h1,476.8+0.344%$181.6M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,475.6+0.262%$174K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,474.8+0.211%$16K$839K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,474.7+0.202%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,476+0.295%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,477+0.360%$768.8M$444.5M10xas long as short
Aster ZECUSDTshort+0.0100%8h1,476.7+0.341%$14.9M$31.0M75x
Pacifica ZEC+0.0100%1h1,475+0.225%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,476.5+0.327%$682.0M$2.34B75xas long as short
Bybit ZECUSDT+0.0100%8h1,476.5+0.323%$272.4M$625.8M75xas long as short
Bulk ZEC-USD+0.0100%1h1,470.5−0.083%$893K$19K10xas long as short
Gate ZEC_USDT+0.0100%8h1,476.2+0.302%$50.1M$175.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,477+0.361%$217.5M$797.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,476.8+0.344%$103.9M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,476.7+0.337%$164.0M$285.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,475.6+0.266%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.3−0.030%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.9+0.082%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,471.9+0.012%$428K$907K50xas long as short
StandX ZEC-USD+0.0100%1h1,472.5+0.054%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,476.5+0.326%$339K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,476.6+0.334%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,475+0.226%$459K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.1+0.369%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,476.5+0.326%$243K$3.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,475.3+0.245%$2.6M$19.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,476.1+0.300%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,476.7+0.340%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,476.8+0.344%$48K$167K20xas long as short
Arcus ZEC-USD+0.0254%1h1,475.7+0.271%$689K$8.7M10xas long as short
Lighter ZEC+0.0264%1h1,477.3+0.378%$19.3M$48.1M20xas long as short
Lighter RH ZEC+0.0296%1h1,477.7+0.410%$2.1M$7.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0344%1h1,477.4+0.389%$615K$1.3M25xas long as short
RISEx ZEC/USDC+0.0374%1h1,475.6+0.262%$866K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,478.3+0.446%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0513%1h1,476.9+0.351%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0722%1h1,472.5+0.053%$44K$46K10xas long as short