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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%
Price spread now: Paradex against Ondo Perps+0.511%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.511% dearer against Ondo Perps than usual: you sell high and buy low, +$51 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,509.50.0100pay 0.0013% / 1h52m 36s$413K$553K5x
ShortParadex ZEC-USD-PERP1,517.20.0100get 0.0100% / 8h7h 52m$63K$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.06
Price spread: +0.511% → 0.000%
$51.09
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
$42.03
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; Paradex: 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 Paradex no order-book sample
Ondo Perps and Paradex: 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−0.3702%1h1,494.3−1.006%$36K$275K12xas long as short
Bulk ZEC-USD−0.0463%1h1,515.3+0.382%$779K$147K10xas long as short
Perpl ZEC−0.0447%43m1,512.8+0.217%$62K$305K10xas long as short
BloFin ZEC-USDT−0.0163%8h1,517.2+0.507%$31.8M$77.1M75xas long as short
Aftermath Perps ZECUSD−0.0123%1h1,513.8+0.286%$48K$59K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,516.6+0.472%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,516.4+0.455%$421K$34K5xas long as short
01 Exchange ZECUSD0.0000%1h1,517.9+0.554%$8K$6K5xas long as short
Kalshi KXZECPERP0.0000%8h1,514.6+0.335%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,516+0.429%$5.4M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZECUSD+0.0019%1h1,514.8+0.354%$18.3M$47.8M25xas long as short
Gate ZEC_USDT+0.0069%8h1,517.7+0.542%$60.1M$183.2M75xas long as short
Phoenix ZEC+0.0082%1h1,514.7+0.341%$4.8M$1.4M10xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,514+0.297%$306K$860K20xas long as short
Lighter ZEC+0.0096%1h1,518.2+0.574%$19.6M$44.4M20xas long as short
Lighter RH ZEC+0.0096%1h1,518.6+0.605%$2.1M$7.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,517.6+0.537%$173K$1.8M50xas long as short
Paradex ZEC-USD-PERPshort+0.0100%8h1,517.2+0.511%$63K$19K10x
Katana Perps ZEC-USD+0.0100%8h1,517+0.498%$16K$901K10xas long as short
Nado ZEC-PERP+0.0100%1h1,514.5+0.328%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,517.5+0.530%$793.8M$446.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,516.8+0.480%$14.2M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,517.8+0.551%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,517.8+0.548%$717.0M$2.34B75xas long as short
Bybit ZECUSDT+0.0100%8h1,517.3+0.517%$273.7M$631.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,517.8+0.547%$183.4M$1.39B50xas long as short
Ondo Perps ZEC-USD.Plong+0.0100%1h1,509.5long leg$413K$553K5x
Arcus ZEC-USD+0.0100%1h1,513.9+0.289%$597K$9.0M10xas long as short
MEXC ZEC_USDT+0.0100%8h1,517.8+0.549%$415.5M$826.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,517.5+0.527%$103.6M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,517.9+0.554%$163.9M$294.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,516.1+0.435%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,509.2−0.021%$49.7M$35.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,512.9+0.226%$580K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,519.6+0.670%$3.1M$519K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,517.6+0.533%$417K$950K50xas long as short
StandX ZEC-USD+0.0100%1h1,518.7+0.611%$51K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,514.6+0.338%$376K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,514.2+0.313%$169K$194K20xas long as short
Derive ZEC-PERP+0.0100%1h1,512.3+0.186%$452K$408K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,516.5+0.462%$4K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,514.2+0.314%$256K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,514+0.301%$2.7M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,517+0.494%$4.1M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,517.5+0.527%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,514.1+0.303%$43K$150K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0134%1h1,515.1+0.372%$692K$1.4M25xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0153% / S −0.0154%1h1,513.9+0.294%$336K100xas long as short
RISEx ZEC/USDC+0.0157%1h1,517.7+0.542%$967K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,515.1+0.372%$3.7M$9.9M50xas long as short
Backpack ZEC_USDC_PERP+0.0468%1h1,516.7+0.474%$2.4M$3.8M15xas long as short