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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.026%
Price spread now: edgeX against Ondo Perps+0.055%114s7-day average +0.002% · 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+0.052%+$5 on $10k
Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.055%, 7d avg +0.002%
Together, before fees−0.043%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board−$4 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: edgeX is 0.053% dearer against Ondo Perps than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.002%. The two prices were read 114 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.P1,5100.0100pay 0.0013% / 1h59m 41s$413K$552K5x
ShortedgeX ZECUSDC1,510.80.0100get 0.0050% / 4h3h 59m$578K$9.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$0
Price spread: +0.055% → +0.002%
$5.29
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$8.71
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; edgeX: 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 edgeX live order book, 4 min ago0.36 bp4.9 bp −$59.2 bp −$92doesn't fitdoesn'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 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−0.3442%1h1,496.3−0.909%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,513.9+0.258%$62K$306K10xas long as short
Bulk ZEC-USD−0.0412%1h1,508.1−0.125%$776K$147K10xas long as short
BloFin ZEC-USDT−0.0163%8h1,515.2+0.342%$31.4M$77.0M75xas long as short
Aftermath Perps ZECUSD−0.0103%1h1,511.8+0.121%$48K$59K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,515.1+0.335%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,515.3+0.349%$421K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,515.6+0.374%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,515.2+0.346%$5.4M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,515.2+0.346%$8K$6K5xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZECUSD+0.0011%1h1,515.8+0.386%$18.3M$47.8M25xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0033%1h1,516.1+0.407%$692K$1.4M25xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,515.2+0.342%$305K$863K20xas long as short
Phoenix ZEC+0.0096%1h1,514.3+0.283%$4.8M$1.4M10xas long as short
Lighter RH ZEC+0.0096%1h1,516.4+0.421%$2.1M$7.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,515.2+0.342%$177K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,515.3+0.354%$62K$19K10xas long as short
Nado ZEC-PERP+0.0100%1h1,515.3+0.352%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,515.8+0.384%$793.0M$447.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,514.8+0.320%$14.2M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,515.7+0.375%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,515.5+0.364%$716.2M$2.33B75xas long as short
Bybit ZECUSDT+0.0100%8h1,514.5+0.299%$273.1M$628.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,515+0.330%$183.4M$1.38B50xas long as short
Ondo Perps ZEC-USD.Plong+0.0100%1h1,510long leg$413K$552K5x
Gate ZEC_USDT+0.0100%8h1,515.1+0.338%$60.0M$181.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,515.5+0.364%$274.0M$805.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,515.2+0.347%$103.7M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,515.3+0.351%$163.7M$294.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,515.1+0.334%$119.9Mas long as short
Variational Omni ZEC+0.0100%8h1,513.8+0.250%$50.0M$35.6Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,510.8+0.055%$578K$9.1M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,510.9+0.057%$3.1M$532K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,509.9−0.005%$416K$948K50xas long as short
StandX ZEC-USD+0.0100%1h1,514.1+0.270%$54K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,515.4+0.358%$376K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,515.4+0.357%$169K$193K20xas long as short
Derive ZEC-PERP+0.0100%1h1,513.2+0.210%$462K$408K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,517.7+0.507%$4K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,515.5+0.364%$256K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,515+0.328%$2.7M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,516.4+0.425%$4.1M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,515+0.329%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,515.4+0.360%$43K$151K20xas long as short
Lighter ZEC+0.0128%1h1,516.7+0.445%$19.7M$43.7M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0151% / S −0.0151%1h1,515.2+0.345%$336K100xas long as short
RISEx ZEC/USDC+0.0157%1h1,515.6+0.372%$966K$1.1M10xas long as short
Arcus ZEC-USD+0.0403%1h1,515.7+0.378%$596K$8.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,516.3+0.414%$3.7M$9.8M50xas long as short
Backpack ZEC_USDC_PERP+0.0494%1h1,516.7+0.444%$2.4M$3.8M15xas long as short