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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0410%/8h= +44.9% APRnext payment +$0.51 per $10,000 · paid last 24h +0.031%
Price spread now: RISEx against Ondo Perps+0.329%7-day average +0.088% · 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 3 days (all we have)+0.209%+$21 on $10k
Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.329%, 7d avg +0.088%
Together, before fees+0.078%+ Points / potential airdropOndo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and RISEx is 0.241% dearer against Ondo Perps than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.088%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,464.8−0.0036get 0.0005% / 1h4m 26s$398K$501K5x
ShortRISEx ZEC/USDC1,469.60.0374get 0.0047% / 1h4m 26s$852K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$86.03
Price spread: +0.329% → +0.088%
$24.08
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$99.11
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; RISEx: 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 RISEx live order book, 4 min ago0.58 bp3.6 bp −$48.3 bp −$83doesn'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 50 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−0.3678%1h1,452−0.872%$33K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,468.9+0.281%$6K$1K10xas long as short
Ondo Perps ZEC-USD.Plong−0.0036%1h1,464.8long leg$398K$501K5x
Kraken Futures PF_ZECUSD−0.0002%1h1,467.9+0.213%$18.1M$43.5M25xas long as short
dYdX ZEC-USD0.0000%1h1,468.5+0.254%$414K$51K5xas long as short
Kalshi KXZECPERP0.0000%8h1,467.4+0.176%$971K$4.8M2.2xas long as short
Perpl ZEC0.0000%43m1,469.5+0.319%$84K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,470.1+0.364%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0031%8h1,467.1+0.160%$293K$991K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,470+0.355%$384K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0056%1h1,469+0.287%$8K$8K5xas long as short
Phoenix ZEC+0.0070%1h1,466.6+0.124%$4.6M$1.5M10xas long as short
Variational Omni ZEC+0.0072%8h1,466.6+0.125%$47.9M$32.6Mas long as short
OKX ZEC-USDT-SWAP+0.0092%8h1,469.9+0.350%$181.0M$1.25B50xas long as short
Popdex ZECUSDT+0.0096%1h1,469.6+0.326%$174K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,468.2+0.235%$17K$846K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468+0.217%$61K$40K10xas long as short
Nado ZEC-PERP+0.0100%1h1,469.8+0.338%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,470.9+0.416%$766.2M$434.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.4+0.245%$14.8M$29.4M75xas long as short
Pacifica ZEC+0.0100%1h1,468.3+0.241%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.8+0.342%$679.2M$2.27B75xas long as short
Bybit ZECUSDT+0.0100%8h1,469.9+0.347%$271.8M$608.7M75xas long as short
Bulk ZEC-USD+0.0100%1h1,466.6+0.122%$890K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,468.5+0.254%$50.1M$177.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,469.8+0.343%$216.7M$802.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.7+0.336%$103.3M$55.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,470.2+0.369%$163.3M$277.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,468.6+0.261%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,466+0.082%$570K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.5+0.185%$3.0M$453K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,466.3+0.102%$426K$884K50xas long as short
StandX ZEC-USD+0.0100%1h1,467.1+0.154%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,469.6+0.328%$344K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469.8+0.341%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465+0.015%$447K$512K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469+0.289%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.5+0.187%$242K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,465.8+0.068%$2.5M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.6+0.262%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,468.9+0.277%$2.8M$7.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.1+0.154%$48K$158K20xas long as short
Lighter ZEC+0.0224%1h1,469.5+0.321%$19.2M$48.3M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0243%1h1,468.1+0.223%$611K$1.3M25xas long as short
Arcus ZEC-USD+0.0254%1h1,470.3+0.378%$696K$8.6M10xas long as short
Lighter RH ZEC+0.0288%1h1,469.7+0.335%$2.1M$7.1M10xas long as short
RISEx ZEC/USDCshort+0.0374%1h1,469.6+0.329%$852K$1.0M10x
Backpack ZEC_USDC_PERP+0.0417%1h1,468.8+0.274%$2.4M$3.9M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,468.8+0.272%$3.6M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0733%1h1,469.9+0.347%$43K$46K10xas long as short