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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0322%/8h= +35.2% APRpaid last 24h −0.006%
Price spread now: Orderly against Ondo Perps+0.125%7-day average +0.057% · 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−0.356%−$36 on $10k
Price spread, last 3 days (all we have)+0.316%+$32 · spread now +0.125%, 7d avg +0.057%
Together, before fees−0.040%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Orderly is 0.068% dearer against Ondo Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.057%. Mind the row above: over the last 7 days funding on this pair cost −0.356%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,473.5−0.0312get 0.0039% / 1h53m 52s$400K$517K5x
ShortOrderly PERP_ZEC_USDC1,475.30.0010get 0.0010% / 8h53m 52s$295K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$67.53
Price spread: +0.125% → +0.057%
$6.79
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Orderly: 3 bp × 2 orders
−$6
Net
$63.32
Costs to cover
0.110%
Break-even
0.4 days
Slippage unknown: Ondo Perps: no order-book sample; Orderly: 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 Ondo Perps no order-book sample
Sell Orderly no order-book sample
Ondo Perps and Orderly: 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−0.3089%1h1,475.9+0.160%$34K$275K12xas long as short
ApeX Omni ZECUSDT−0.0365%1h1,474+0.036%$432K$827K50xas long as short
Ondo Perps ZEC-USD.Plong−0.0312%1h1,473.5long leg$400K$517K5x
Kraken Futures PF_ZECUSD−0.0224%1h1,475.2+0.115%$18.0M$45.0M25xas long as short
BloFin ZEC-USDT−0.0111%8h1,475+0.101%$29.4M$75.9M75xas long as short
Bybit ZECUSDT−0.0083%8h1,473.5−0.003%$273.5M$665.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,475.8+0.159%$6K$2K10xas long as short
Variational Omni ZEC−0.0037%8h1,473.4−0.006%$47.0M$33.5Mas long as short
dYdX ZEC-USD0.0000%1h1,475+0.101%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,475.9+0.165%$901K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,475.5+0.137%$84K$404K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,476.2+0.181%$616K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,475.8+0.156%$5.2M150xas long as short
Orderly PERP_ZEC_USDCshort+0.0010%8h1,475.3+0.125%$295K$1.4M20x
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0009%1h1,475.7+0.151%$367K100xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,473.7+0.014%$180.4M$1.35B50xas long as short
Gate ZEC_USDT+0.0046%8h1,474.6+0.074%$50.5M$183.8M75xas long as short
01 Exchange ZECUSD+0.0048%1h1,476+0.170%$8K$8K5xas long as short
SoDEX ZEC-USD+0.0061%1h1,475+0.100%$227K$4.5M10xas long as short
Phoenix ZEC+0.0075%1h1,475.4+0.130%$4.7M$1.6M10xas long as short
Bullet ZEC-USD+0.0093%1h1,475.3+0.119%$128K$159K20xas long as short
Popdex ZECUSDT+0.0096%1h1,475.4+0.128%$177K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,475.9+0.161%$12K$828K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,475.5+0.136%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,476+0.170%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,475.2+0.115%$765.7M$473.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,474.9+0.096%$15.7M$32.8M75xas long as short
Pacifica ZEC+0.0100%1h1,476+0.168%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,474.2+0.045%$682.1M$2.47B75xas long as short
Arcus ZEC-USD+0.0100%1h1,476+0.170%$713K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471.1−0.162%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,474.4+0.060%$222.4M$829.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,475.3+0.121%$104.3M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,474.1+0.039%$162.8M$303.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,474.1+0.041%$102.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,473.3−0.012%$515K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.7+0.083%$3.0M$482K10xas long as short
StandX ZEC-USD+0.0100%1h1,475.4+0.126%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,475.4+0.129%$348K$1.9M10xas long as short
Derive ZEC-PERP+0.0100%1h1,473.8+0.024%$449K$503K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.6+0.275%$3K$1.2M20xas long as short
HTX ZEC-USDT+0.0100%8h1,474.5+0.070%$2.5M$23.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,475.5+0.132%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,475+0.099%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,475.5+0.134%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,476.2+0.181%$837K$1.2M10xas long as short
Lighter ZEC+0.0136%1h1,476.8+0.222%$19.1M$52.1M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,477.4+0.261%$3.8M$11.0M50xas long as short
Lighter RH ZEC+0.0504%1h1,477.3+0.257%$2.0M$8.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0592%1h1,476.1+0.174%$2.4M$3.7M15xas long as short
Aftermath Perps ZECUSD+0.0626%1h1,474.3+0.052%$46K$47K10xas long as short