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−0.0040%/8h= −4.3% APRpaid last 24h −0.034%
Price spread now: BloFin against Ondo Perps+0.058%95s7-day average +0.049% · 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)+0.233%+$23 · spread now +0.058%, 7d avg +0.049%
Together, before fees−0.168%+ Points / potential airdropOndo Perps: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. 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
LongOndo Perps ZEC-USD.P1,466.6−0.0033get 0.0004% / 1h55m 29s$398K$435K5x
ShortBloFin ZEC-USDT1,467.5−0.0072pay 0.0072% / 8h2h 55m$29.8M$70.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Ondo Perps. 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
−$8.3
Price spread: +0.058% → +0.049%
$0.88
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$24.42
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; BloFin: live order book, 4 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 BloFin live order book, 4 min ago0.03 bp6.6 bp −$77.2 bp −$728.3 bp −$829doesn't fit
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%1h1,467.3+0.044%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.1+0.033%$6K$1K10xas long as short
BloFin ZEC-USDTshort−0.0072%8h1,467.5+0.058%$29.8M$70.8M75x
Ondo Perps ZEC-USD.Plong−0.0033%1h1,466.6long leg$398K$435K5x
dYdX ZEC-USD0.0000%1h1,466.8+0.015%$408K$37K5xas long as short
01 Exchange ZECUSD0.0000%1h1,466.1−0.036%$8K$7K5xas long as short
Perpl ZEC0.0000%43m1,466.1−0.035%$84K$239K10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0002%1h1,468.3+0.118%$618K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,466−0.041%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,467.2+0.042%$293K$900K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0092% / S −0.0044%1h1,465.8−0.053%$437K100xas long as short
Popdex ZECUSDT+0.0096%1h1,466−0.042%$173K$1.6M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,466.9+0.022%$12K$799K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.4−0.011%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467+0.028%$2.9M$6.4M10xas long as short
Hyperliquid ZEC+0.0100%1h1,466.9+0.020%$764.1M$420.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,466−0.041%$14.5M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,466.8+0.014%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,466−0.042%$676.1M$2.17B75xas long as short
Bybit ZECUSDT+0.0100%8h1,465.3−0.089%$261.7M$586.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,465.7−0.062%$178.9M$1.21B50xas long as short
Bulk ZEC-USD+0.0100%1h1,462.8−0.259%$884K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,466.4−0.014%$52.6M$169.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,465.8−0.053%$218.8M$756.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466.2−0.025%$103.3M$52.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.2−0.027%$166.6M$267.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,465.9−0.046%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,466.7+0.005%$48.1M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,466.6−0.001%$572K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.3+0.050%$3.0M$453K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,467.3+0.050%$405K$922K50xas long as short
StandX ZEC-USD+0.0100%1h1,467+0.029%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,465.8−0.055%$358K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,465.6−0.067%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.7+0.009%$448K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.1+0.169%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.7+0.075%$235K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.3−0.021%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.5+0.063%$3.9M$4.8M50xas long as short
Lighter RH ZEC+0.0104%1h1,467.9+0.086%$2.1M$7.0M10xas long as short
Extended ZEC-USD+0.0104%1h1,466.4−0.011%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.5+0.062%$47K$151K20xas long as short
Kalshi KXZECPERP+0.0104%8h1,468.9+0.158%$1.5M$4.4M2.2xas long as short
Lighter ZEC+0.0112%1h1,467.5+0.064%$19.4M$43.8M20xas long as short
Phoenix ZEC+0.0116%1h1,467.5+0.058%$4.7M$1.3M10xas long as short
Kraken Futures PF_ZECUSD+0.0146%1h1,467.6+0.065%$18.0M$45.6M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,466.60.000%$927K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0175%1h1,467.8+0.082%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,469.5+0.200%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0508%1h1,468+0.093%$670K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0683%1h1,466.3−0.018%$45K$49K10xas long as short