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−0.0310%/8h= −34.0% APRnext payment $0.39 per $10,000 · paid last 24h −0.008%
Price spread now: Ondo Perps against SoDEX−0.160%7-day average −0.053% · 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 3 days (all we have)+0.004%$0 on $10k
Price spread, last 3 days (all we have)−0.040%−$4 · spread now −0.160%, 7d avg −0.053%
Together, before fees−0.036%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Ondo Perps is 0.107% cheaper against SoDEX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.004% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ZEC-USD1,470.90.0100pay 0.0013% / 1h47m 29s$226K$4.5M10x
ShortOndo Perps ZEC-USD.P1,468.5−0.0210pay 0.0026% / 1h47m 29s$399K$515K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against SoDEX. 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
−$65.18
Price spread: −0.160% → −0.053%
−$10.72
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$88.9
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: SoDEX: live order book, 2 min ago; Ondo Perps: 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 SoDEX live order book, 2 min ago0.03 bp4.9 bp −$515.9 bp −$159104.5 bp −$10.4Kdoesn't fit
Sell Ondo Perps no order-book sample
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%1h1,473.7+0.191%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,471+0.007%$17.9M$44.3M25xas long as short
Ondo Perps ZEC-USD.Pshort−0.0210%1h1,468.5−0.160%$399K$515K5x
ApeX Omni ZECUSDT−0.0190%1h1,472.5+0.108%$432K$830K50xas long as short
BloFin ZEC-USDT−0.0105%8h1,473.3+0.165%$29.5M$75.6M75xas long as short
Bybit ZECUSDT−0.0094%8h1,469.5−0.092%$273.5M$657.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,471.4+0.033%$6K$2K10xas long as short
Variational Omni ZEC−0.0040%8h1,471.8+0.064%$46.8M$33.6Mas long as short
dYdX ZEC-USD0.0000%1h1,471.3+0.031%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.1+0.149%$904K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,470.4−0.030%$84K$404K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,471.9+0.074%$614K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,468.5−0.159%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,471.2+0.023%$294K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,473.1+0.150%$4.6M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0035%8h1,470.1−0.054%$180.3M$1.34B50xas long as short
01 Exchange ZECUSD+0.0040%1h1,470.5−0.028%$8K$8K5xas long as short
Gate ZEC_USDT+0.0042%8h1,470.1−0.050%$50.6M$184.4M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0011%1h1,471.6+0.053%$366K100xas long as short
Lighter ZEC+0.0096%1h1,471.9+0.070%$19.1M$52.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,469.9−0.063%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,470.7−0.008%$11K$830K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470−0.059%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,471.1+0.016%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,471.6+0.050%$763.0M$474.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,470.4−0.030%$15.5M$32.6M75xas long as short
Pacifica ZEC+0.0100%1h1,471.1+0.015%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,470.3−0.041%$681.1M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,471.7+0.059%$719K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,472+0.078%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,468.6−0.155%$220.5M$832.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,470.3−0.035%$103.9M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,470.5−0.027%$162.7M$302.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,470.3−0.037%$102.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,473+0.144%$513K$9.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.8+0.200%$3.0M$466K10xas long as short
StandX ZEC-USD+0.0100%1h1,472+0.076%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470.2−0.045%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,468.5−0.160%$127K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.8−0.074%$448K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.2+0.158%$3K$1.2M20xas long as short
SoDEX ZEC-USDlong+0.0100%1h1,470.9long leg$226K$4.5M10x
HTX ZEC-USDT+0.0100%8h1,471+0.010%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,471.6+0.050%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,470.5−0.025%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.3+0.030%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,470.8−0.002%$834K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0421%1h1,471.6+0.048%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,475.6+0.325%$3.8M$11.0M50xas long as short
Lighter RH ZEC+0.0528%1h1,472.8+0.129%$2.0M$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0652%1h1,472.8+0.134%$46K$47K10xas long as short