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−0.0295%/8h= −32.3% APRpaid last 24h −0.008%
Price spread now: Ondo Perps against MEXC−0.111%7-day average −0.050% · 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+0.257%+$26 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.111%, 7d avg −0.050%
Together, before fees+0.237%+ Points / potential airdropOndo Perps: Active · farm board+$24 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 0.060% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.050%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.257%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZEC_USDT1,472.10.0100pay 0.0100% / 8h39m 45s$230.6M$835.2M150x
ShortOndo Perps ZEC-USD.P1,470.5−0.0195pay 0.0024% / 1h39m 45s$399K$516K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against MEXC. 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
−$61.99
Price spread: −0.111% → −0.050%
−$6.03
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$73.02
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 4 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 MEXC live order book, 4 min ago0.03 bp0.0 bp $00.0 bp $00.1 bp −$74.0 bp −$2,009
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%1h1,472−0.010%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,472.7+0.036%$17.9M$44.3M25xas long as short
Ondo Perps ZEC-USD.Pshort−0.0195%1h1,470.5−0.111%$399K$516K5x
BloFin ZEC-USDT−0.0104%8h1,472.4+0.016%$29.6M$75.4M75xas long as short
Bybit ZECUSDT−0.0100%8h1,470.4−0.118%$274.8M$657.0M75xas long as short
ApeX Omni ZECUSDT−0.0097%1h1,469.5−0.182%$431K$831K50xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,473.1+0.062%$6K$2K10xas long as short
Variational Omni ZEC−0.0047%8h1,470.3−0.128%$46.9M$33.7Mas long as short
dYdX ZEC-USD0.0000%1h1,472.6+0.031%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.9+0.123%$903K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,473.3+0.077%$84K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,473.1+0.063%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,472.8+0.046%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,470.7−0.100%$4.6M$1.6M10xas long as short
01 Exchange ZECUSD+0.0032%1h1,473.1+0.065%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0034%8h1,471.8−0.024%$180.6M$1.34B50xas long as short
Gate ZEC_USDT+0.0046%8h1,472.3+0.010%$50.9M$186.0M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,472.9+0.052%$372K100xas long as short
Lighter ZEC+0.0096%1h1,472.9+0.054%$19.1M$52.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,472.7+0.040%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,471.8−0.026%$13K$837K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.8+0.043%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.8+0.114%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.3+0.079%$763.7M$473.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.4+0.019%$15.0M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,473.6+0.102%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.5−0.043%$682.3M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,474.3+0.145%$718K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,473.1+0.064%$909K$26K10xas long as short
MEXC ZEC_USDTlong+0.0100%8h1,472.1long leg$230.6M$835.2M150x
KuCoin ZECUSDTM+0.0100%8h1,472.7+0.041%$103.9M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.2+0.005%$163.1M$302.4M75xas long as short
BingX ZEC-USDC+0.0100%8h1,471.2−0.062%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,469.5−0.181%$513K$9.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.3+0.013%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,472−0.010%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.6+0.032%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.3+0.015%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,471.3−0.060%$449K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475+0.193%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.6+0.029%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.6−0.033%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.1+0.066%$3.9M$5.3M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0103%1h1,473.8+0.112%$615K$1.3M25xas long as short
Extended ZEC-USD+0.0104%1h1,472.4+0.021%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.4+0.022%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,473.4+0.089%$826K$1.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,475.8+0.248%$3.8M$10.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0438%1h1,473.5+0.096%$2.4M$3.7M15xas long as short
Lighter RH ZEC+0.0504%1h1,473.6+0.098%$2.0M$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0683%1h1,473+0.060%$46K$47K10xas long as short