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+0.0355%/8h= +38.9% APRnext payment +$0.44 per $10,000 · paid last 24h +0.019%
Price spread now: Pacifica against Ondo Perps+0.035%7-day average +0.058% · 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−0.417%−$42 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.035%, 7d avg +0.058%
Together, before fees−0.388%+ Points / potential airdropOndo Perps: Active · Pacifica: Active · farm board−$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.023% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.035% now, against its 7-day average of +0.058%). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$11 a day). Mind the row above: over the last 7 days funding on this pair cost −0.417%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,470.1−0.0255get 0.0032% / 1h29m 58s$399K$516K5x
ShortPacifica ZEC1,470.60.0100get 0.0013% / 1h29m 58s$1.7M$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$74.59
Price spread: +0.035% → +0.058%
−$2.32
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$59.27
Costs to cover
0.130%
Break-even
1.4 days
Slippage unknown: Ondo Perps: no order-book sample; Pacifica: 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 Pacifica live order book, 4 min ago0.34 bp5.0 bp −$5doesn't fitdoesn'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 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%1h1,472.3+0.152%$34K$275K12xas long as short
Ondo Perps ZEC-USD.Plong−0.0255%1h1,470.1long leg$399K$516K5x
Kraken Futures PF_ZECUSD−0.0225%1h1,470.5+0.027%$17.9M$44.3M25xas long as short
Bybit ZECUSDT−0.0111%8h1,470.1−0.002%$274.9M$654.5M75xas long as short
BloFin ZEC-USDT−0.0102%8h1,469.7−0.027%$29.6M$75.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.1+0.001%$6K$2K10xas long as short
Variational Omni ZEC−0.0057%8h1,468.8−0.089%$46.8M$33.8Mas long as short
ApeX Omni ZECUSDT−0.0045%1h1,470.3+0.016%$431K$841K50xas long as short
dYdX ZEC-USD0.0000%1h1,471+0.063%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,470.5+0.027%$902K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,470−0.008%$83K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471+0.058%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0012%8h1,470.7+0.039%$294K$1.4M20xas long as short
01 Exchange ZECUSD+0.0016%1h1,470.4+0.018%$8K$8K5xas long as short
Phoenix ZEC+0.0024%1h1,471+0.059%$4.6M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0036%8h1,470.6+0.033%$180.7M$1.34B50xas long as short
Gate ZEC_USDT+0.0046%8h1,470.4+0.018%$50.8M$186.4M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,471+0.062%$372K100xas long as short
Lighter ZEC+0.0096%1h1,472.3+0.148%$19.2M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,470−0.007%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,469.1−0.069%$13K$834K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470−0.010%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470.2+0.008%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,471.8+0.116%$763.1M$474.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,470.2+0.004%$15.0M$32.7M75xas long as short
Pacifica ZECshort+0.0100%1h1,470.6+0.035%$1.7M$2.9M10x
Binance ZECUSDT+0.0100%8h1,470.6+0.035%$683.7M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,471.9+0.121%$721K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,469.8−0.023%$894K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,470.5+0.028%$231.6M$837.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,470.5+0.027%$103.5M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,470.8+0.048%$162.9M$301.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,469.6−0.033%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.10.000%$513K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.2+0.007%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,470.8+0.050%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470.8+0.048%$345K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471+0.060%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.1−0.066%$448K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.2+0.144%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,470.4+0.020%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.3+0.080%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,471.2+0.072%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,470.7+0.043%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,470.8+0.044%$37K$366K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0121%1h1,471.5+0.097%$614K$1.3M25xas long as short
RISEx ZEC/USDC+0.0132%1h1,470.5+0.028%$825K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0416%1h1,471.6+0.099%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,473.4+0.222%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0488%1h1,472.6+0.169%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0706%1h1,472.4+0.154%$46K$47K10xas long as short