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−0.0067%/8h= −7.4% APRpaid last 24h −0.001%
Price spread now: Ondo Perps against Bitget−0.214%7-day average −0.042% · 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+0.358%+$36 on $10k
Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.214%, 7d avg −0.042%
Together, before fees+0.447%+ Points / potential airdropOndo Perps: Active · farm board+$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.172% cheaper against Bitget than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.042%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.358%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZECUSDT1,460.10.0100pay 0.0100% / 8h2h 07m$161.6M$312.0M75x
ShortOndo Perps ZEC-USD.P1,4570.0033get 0.0004% / 1h7m 12s$395K$515K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. 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
−$14.11
Price spread: −0.214% → −0.042%
−$17.18
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$48.3
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bitget: 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 Bitget live order book, 2 min ago0.03 bp8.2 bp −$811.9 bp −$11920.1 bp −$2,006doesn'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%1h1,433.1−1.848%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0087%8h1,459.9−0.014%$28.8M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,460.3+0.009%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,459.8−0.025%$17.7M$44.7M25xas long as short
Bybit ZECUSDT−0.0024%8h1,459.1−0.069%$269.4M$677.5M75xas long as short
Variational Omni ZEC−0.0004%8h1,455.9−0.287%$45.6M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,460.9+0.051%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,460.8+0.048%$934K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,459.8−0.021%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,460.8+0.044%$594K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.7+0.038%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0015% / S +0.0074%1h1,460.3+0.014%$558K100xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,459.8−0.019%$293K$1.5M20xas long as short
Ondo Perps ZEC-USD.Pshort+0.0033%1h1,457−0.214%$395K$515K5x
01 Exchange ZECUSD+0.0040%1h1,460.3+0.015%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0057%8h1,460−0.008%$174.4M$1.36B50xas long as short
Gate ZEC_USDT+0.0060%8h1,459.9−0.012%$49.4M$191.2M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,460.1−0.003%$15K$865K10xas long as short
Lighter ZEC+0.0096%1h1,461.5+0.092%$18.9M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,460−0.012%$173K$2.0M50xas long as short
Aster ZECUSDT+0.0099%8h1,460.1−0.004%$15.4M$33.9M75xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,460.1−0.005%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,461.2+0.074%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,460.9+0.053%$755.5M$493.5M10xas long as short
Pacifica ZEC+0.0100%1h1,460.8+0.044%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,460.3+0.015%$667.9M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,460.2+0.004%$219.1M$900.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.2+0.006%$103.2M$57.0M75xas long as short
Bitget ZECUSDTlong+0.0100%8h1,460.1long leg$161.6M$312.0M75x
BingX ZEC-USDC+0.0100%8h1,459.3−0.059%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,460.9+0.054%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,458.9−0.086%$508K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.2−0.062%$3.0M$492K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458.7−0.098%$429K$815K50xas long as short
StandX ZEC-USD+0.0100%1h1,460.5+0.027%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,460−0.008%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,459.9−0.016%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,458.7−0.096%$446K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,462.1+0.134%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,459.9−0.014%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,460.6+0.034%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,459.9−0.017%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,456.7−0.234%$897K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,460.7+0.042%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,460.7+0.037%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,460−0.007%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,460.8+0.046%$848K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,462.1+0.132%$3.7M$11.6M50xas long as short
Aftermath Perps ZECUSD+0.0483%1h1,459.4−0.046%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,461.2+0.077%$743K$8.0M10xas long as short
Lighter RH ZEC+0.0584%1h1,462.1+0.135%$1.9M$8.5M10xas long as short