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−0.0007%/8h= −0.8% APRpaid last 24h −0.013%
Price spread now: Ondo Perps against SunX+0.019%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)−0.466%−$47 · spread now +0.019%, 7d avg −0.140%
Together, before fees−0.504%+ Points / potential airdropOndo Perps: Active · farm board−$50 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: Ondo Perps is 0.160% dearer against SunX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.140%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,447.90.0100pay 0.0100% / 8h2h 34m$3K$1.3M20x
ShortOndo Perps ZEC-USD.P1,448.20.0093get 0.0012% / 1h34m 18s$394K$518K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against SunX. 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
−$1.51
Price spread: +0.019% → −0.140%
$15.97
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$1.46
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: SunX: live order book, 10 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 SunX live order book, 10 min ago29.05 bp49.2 bp −$49doesn't fitdoesn't fitdoesn'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−0.3476%1h1,438.5−0.650%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,448.8+0.063%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,446.3−0.112%$17.6M$44.3M25xas long as short
BloFin ZEC-USDT−0.0066%8h1,450+0.145%$28.8M$74.7M75xas long as short
Variational Omni ZEC−0.0009%8h1,449.1+0.082%$45.6M$32.2Mas long as short
dYdX ZEC-USD0.0000%1h1,448+0.009%$408K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,448.6+0.045%$905K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,448+0.006%$82K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,446.7−0.082%$589K$1.3M25xas long as short
Bybit ZECUSDT+0.0004%8h1,446.8−0.077%$267.7M$675.2M75xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,447.8−0.010%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,446.5−0.101%$290K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0030% / S +0.0070%1h1,447.6−0.025%$542K100xas long as short
OKX ZEC-USDT-SWAP+0.0054%8h1,446.4−0.108%$171.6M$1.35B50xas long as short
Gate ZEC_USDT+0.0070%8h1,447.4−0.036%$49.2M$187.0M75xas long as short
Aster ZECUSDT+0.0075%8h1,448.2+0.018%$15.2M$34.7M75xas long as short
01 Exchange ZECUSD+0.0080%1h1,448.5+0.041%$8K$8K5xas long as short
Ondo Perps ZEC-USD.Pshort+0.0093%1h1,448.2+0.019%$394K$518K5x
Katana Perps ZEC-USD+0.0095%8h1,448.1+0.012%$13K$871K10xas long as short
Lighter ZEC+0.0096%1h1,447.9+0.002%$18.7M$54.3M20xas long as short
Popdex ZECUSDT+0.0096%1h1,447.9+0.001%$177K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,448.6+0.048%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,448.7+0.052%$3.0M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,448.1+0.012%$749.1M$491.2M10xas long as short
Pacifica ZEC+0.0100%1h1,448.9+0.067%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,447.6−0.024%$658.8M$2.53B75xas long as short
Bulk ZEC-USD+0.0100%1h1,452.5+0.316%$895K$33K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,447.6−0.025%$219.7M$889.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,448.1+0.012%$103.4M$56.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,446.4−0.104%$160.7M$312.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,447.5−0.030%$105.4Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,450+0.141%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,450.9+0.206%$487K$9.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,450.3+0.162%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,451.4+0.241%$706K$607K50xas long as short
StandX ZEC-USD+0.0100%1h1,450.2+0.159%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,447.6−0.022%$297K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,447.5−0.029%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,445.1−0.198%$439K$493K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,447.9long leg$3K$1.3M20x
SoDEX ZEC-USD+0.0100%1h1,446.7−0.087%$220K$4.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,446.2−0.122%$2.4M$24.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,446.1−0.125%$3.7M$5.3M50xas long as short
Phoenix ZEC+0.0103%1h1,452.3+0.305%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,446.5−0.099%$3.2M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,446.3−0.111%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,448.8+0.062%$865K$1.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,448.6+0.047%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0444%1h1,451.1+0.221%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,450.6+0.183%$756K$7.9M10xas long as short
Lighter RH ZEC+0.0736%1h1,447.8−0.011%$1.9M$8.4M10xas long as short