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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%
Price spread now: SunX against Ondo Perps+0.055%7-day average +0.140% · 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+0.038%+$4 on $10k
Price spread, last 3 days (all we have)+0.391%+$39 · spread now +0.055%, 7d avg +0.140%
Together, before fees+0.429%+ Points / potential airdropOndo Perps: Active · farm board+$43 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: SunX is 0.086% cheaper against Ondo Perps than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.140%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,458.60.0100pay 0.0013% / 1h26m 11s$395K$522K5x
ShortSunX ZEC-USDT1,459.40.0100get 0.0100% / 8h2h 26m$3K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
Price spread: +0.055% → +0.140%
−$8.55
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$21.55
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago29.04 bp68.3 bp −$68doesn'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−0.3476%1h1,433.1−1.746%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0085%8h1,458−0.042%$28.8M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,458.5−0.010%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,456.6−0.136%$17.7M$44.7M25xas long as short
Variational Omni ZEC−0.0001%8h1,443−1.067%$45.4M$32.5Mas long as short
dYdX ZEC-USD0.0000%1h1,459.3+0.048%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,458.8+0.014%$917K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,457.5−0.075%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,458.2−0.030%$593K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,458.2−0.027%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0011%8h1,455.4−0.217%$267.9M$677.1M75xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,457.5−0.076%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0025% / S +0.0071%1h1,457.9−0.051%$566K100xas long as short
OKX ZEC-USDT-SWAP+0.0058%8h1,456.2−0.165%$173.5M$1.36B50xas long as short
01 Exchange ZECUSD+0.0064%1h1,457.8−0.053%$8K$8K5xas long as short
Gate ZEC_USDT+0.0080%8h1,456.1−0.171%$49.3M$190.1M75xas long as short
Aster ZECUSDT+0.0092%8h1,458.4−0.014%$15.4M$34.7M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,457.3−0.088%$13K$872K10xas long as short
Lighter ZEC+0.0096%1h1,457.6−0.070%$18.8M$54.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,457.5−0.075%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.4−0.081%$60K$38K10xas long as short
Nado ZEC-PERP+0.0100%1h1,458.8+0.014%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,456.4−0.151%$752.7M$497.0M10xas long as short
Pacifica ZEC+0.0100%1h1,460+0.093%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.8−0.122%$664.2M$2.54B75xas long as short
Ondo Perps ZEC-USD.Plong+0.0100%1h1,458.6long leg$395K$522K5x
Bulk ZEC-USD+0.0100%1h1,445−0.932%$890K$32K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,456−0.180%$216.7M$895.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456.7−0.128%$103.1M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,455.8−0.193%$161.1M$313.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,456.3−0.157%$102.9Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,456.4−0.153%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,444.1−0.993%$485K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,445.8−0.880%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,445.6−0.889%$702K$608K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.1−0.172%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.2−0.096%$349K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.7−0.065%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.4−0.151%$443K$493K6.7xas long as short
SunX ZEC-USDTshort+0.0100%8h1,459.4+0.055%$3K$1.3M20x
SoDEX ZEC-USD+0.0100%1h1,457−0.107%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,457.4−0.081%$2.4M$25.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.4−0.082%$3.8M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,452.1−0.448%$4.5M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,457.8−0.053%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.6−0.067%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,458.1−0.031%$870K$1.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,459.8+0.083%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0459%1h1,453.5−0.348%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,459.4+0.057%$743K$8.0M10xas long as short
Lighter RH ZEC+0.0672%1h1,459+0.025%$1.9M$8.5M10xas long as short