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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: Polymarket Perps against Ondo Perps−0.228%7-day average +0.048% · you buy dearer than you sell
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−0.287%−$29 on $10k
Price spread, last 4 days (all we have)+0.662%+$66 · spread now −0.228%, 7d avg +0.048%
Together, before fees+0.374%+ Points / potential airdropOndo Perps: Active · farm board+$37 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: Polymarket Perps is 0.276% cheaper against Ondo Perps than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,448.20.0098pay 0.0012% / 1h32m 46s$394K$518K5x
ShortPolymarket Perps ZEC-USD1,444.90.0100get 0.0013% / 1h32m 46s$297K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$0.34
Price spread: −0.228% → +0.048%
−$27.59
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$40.25
Costs to cover
0.130%
Break-even
845.6 days
Slippage unknown: Ondo Perps: no order-book sample; Polymarket Perps: live order book, 1 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 Polymarket Perps live order book, 1 min ago2.08 bp6.1 bp −$67.3 bp −$73doesn'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−0.3476%1h1,438.5−0.669%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0096%8h1,445.3−0.200%$28.7M$74.7M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,445.3−0.199%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,444.5−0.257%$17.6M$44.5M25xas long as short
Variational Omni ZEC−0.0009%8h1,449.1+0.062%$45.6M$32.2Mas long as short
dYdX ZEC-USD0.0000%1h1,445.1−0.211%$407K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,445.2−0.207%$907K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,444.7−0.239%$82K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,445.3−0.197%$588K$1.3M25xas long as short
Bybit ZECUSDT+0.0005%8h1,444.5−0.253%$266.4M$675.5M75xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,445.1−0.214%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,444.9−0.231%$290K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0029% / S +0.0070%1h1,444.7−0.239%$543K100xas long as short
OKX ZEC-USDT-SWAP+0.0054%8h1,445−0.224%$171.2M$1.35B50xas long as short
Gate ZEC_USDT+0.0071%8h1,445.1−0.214%$49.4M$188.2M75xas long as short
Aster ZECUSDT+0.0076%8h1,444.6−0.251%$15.2M$34.7M75xas long as short
01 Exchange ZECUSD+0.0080%1h1,445.6−0.182%$7K$8K5xas long as short
Katana Perps ZEC-USD+0.0095%8h1,445−0.224%$13K$873K10xas long as short
Lighter ZEC+0.0096%1h1,446.3−0.130%$18.7M$54.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,445.4−0.191%$173K$2.0M50xas long as short
Ondo Perps ZEC-USD.Plong+0.0098%1h1,448.2long leg$394K$518K5x
Paradex ZEC-USD-PERP+0.0100%8h1,446−0.153%$59K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,445.9−0.159%$2.4M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,445.5−0.186%$747.4M$493.7M10xas long as short
Pacifica ZEC+0.0100%1h1,445.5−0.189%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,445.3−0.204%$657.7M$2.53B75xas long as short
Bulk ZEC-USD+0.0100%1h1,452.5+0.297%$895K$33K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,445.2−0.211%$213.9M$891.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,445.2−0.206%$102.6M$56.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,445−0.223%$160.1M$313.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,444.5−0.254%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,445.3−0.202%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,449.9+0.115%$488K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,448.7+0.033%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,451.4+0.222%$706K$607K50xas long as short
StandX ZEC-USD+0.0100%1h1,450.2+0.139%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USDshort+0.0100%1h1,444.9−0.228%$297K$2.0M10x
Bullet ZEC-USD+0.0100%1h1,444.6−0.245%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,443.3−0.336%$439K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,446.5−0.117%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,444.8−0.235%$219K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,445.1−0.213%$2.4M$24.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,445−0.218%$3.7M$5.3M50xas long as short
Phoenix ZEC+0.0103%1h1,452.3+0.285%$4.5M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,445.7−0.174%$3.2M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,444.9−0.229%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,446.3−0.135%$863K$1.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,447−0.080%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0449%1h1,450+0.127%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,447.5−0.045%$768K$7.9M10xas long as short
Lighter RH ZEC+0.0696%1h1,447−0.085%$1.9M$8.4M10xas long as short