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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.026%
Price spread now: HTX against Ondo Perps+0.113%7-day average +0.026% · 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−0.355%−$36 on $10k
Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.113%, 7d avg +0.026%
Together, before fees−0.433%+ Points / potential airdropOndo Perps: Active · farm board−$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.087% dearer against Ondo Perps than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.026%. Mind the row above: over the last 7 days funding on this pair cost −0.355%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,500.80.0072pay 0.0009% / 1h38m 24s$411K$563K5x
ShortHTX ZEC-USDT1,502.50.0100get 0.0100% / 8h38m 24s$2.7M$20.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$5.88
Price spread: +0.113% → +0.026%
$8.68
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$2.44
Costs to cover
0.170%
Break-even
9.9 days
Slippage unknown: Ondo Perps: no order-book sample; HTX: live order book, 6 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 HTX live order book, 6 min ago0.03 bp6.0 bp −$613.2 bp −$13237.9 bp −$3,788doesn'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−0.3442%1h1,504.2+0.225%$37K$275K12xas long as short
Perpl ZEC−0.0447%43m1,499.4−0.097%$61K$304K10xas long as short
BloFin ZEC-USDT−0.0166%8h1,503.7+0.191%$30.9M$75.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,503.5+0.178%$6K$1K10xas long as short
Aftermath Perps ZECUSD−0.0078%1h1,501.7+0.057%$48K$59K10xas long as short
dYdX ZEC-USD0.0000%1h1,503.8+0.201%$418K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,504.4+0.240%$1.5M$4.4M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,499.4−0.093%$685K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,499.1−0.115%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,498.8−0.132%$18.0M$47.2M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk ZEC-USD+0.0021%1h1,505.9+0.339%$910K$2K10xas long as short
Ondo Perps ZEC-USD.Plong+0.0072%1h1,500.8long leg$411K$563K5x
Orderly PERP_ZEC_USDC+0.0083%8h1,498.6−0.145%$302K$1.1M20xas long as short
Phoenix ZEC+0.0096%1h1,505.2+0.293%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,500.7−0.009%$175K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,502+0.077%$14K$878K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,503+0.148%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,501.6+0.052%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,501.9+0.073%$784.8M$444.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,499.2−0.105%$14.1M$31.2M75xas long as short
Pacifica ZEC+0.0100%1h1,503.1+0.154%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,499.2−0.106%$701.4M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,498.8−0.136%$269.8M$623.3M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,498.5−0.151%$184.2M$1.34B50xas long as short
Gate ZEC_USDT+0.0100%8h1,499.7−0.075%$56.3M$183.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,499.7−0.073%$234.6M$794.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,500.9+0.005%$103.4M$57.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,498.8−0.133%$162.0M$289.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,498.9−0.126%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,503+0.144%$49.1M$34.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,503.5+0.183%$575K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,505.6+0.320%$3.1M$507K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,504.4+0.240%$414K$946K50xas long as short
StandX ZEC-USD+0.0100%1h1,503.1+0.152%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,500.80.000%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,499.4−0.093%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,503.3+0.165%$459K$489K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,501.9+0.072%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,498.6−0.149%$253K$3.5M10xas long as short
HTX ZEC-USDTshort+0.0100%8h1,502.5+0.113%$2.7M$20.6M75x
Phemex ZECUSDT+0.0100%8h1,503.4+0.173%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,498.9−0.129%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,498.9−0.125%$43K$151K20xas long as short
Lighter RH ZEC+0.0112%1h1,504+0.213%$2.1M$7.4M10xas long as short
01 Exchange ZECUSD+0.0112%1h1,501.2+0.023%$8K$6K5xas long as short
RISEx ZEC/USDC+0.0128%1h1,501.8+0.068%$945K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0163% / S −0.0203%1h1,499.3−0.099%$436K100xas long as short
Lighter ZEC+0.0216%1h1,504+0.212%$19.8M$45.3M20xas long as short
Arcus ZEC-USD+0.0403%1h1,502.5+0.112%$607K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,505.6+0.321%$3.7M$10.2M50xas long as short
Backpack ZEC_USDC_PERP+0.0550%1h1,504.3+0.230%$2.4M$3.9M15xas long as short