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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h −0.057%
Price spread now: BloFin against Ondo Perps+0.051%95s7-day average +0.056% · 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−0.402%−$40 on $10k
Price spread, last 3 days (all we have)+0.240%+$24 · spread now +0.051%, 7d avg +0.056%
Together, before fees−0.162%+ Points / potential airdropOndo Perps: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.402%, so the current rate has only just turned in your favour. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,466.9−0.0118get 0.0015% / 1h45m 42s$398K$521K5x
ShortBloFin ZEC-USDT1,467.7−0.0097pay 0.0097% / 8h1h 45m$29.3M$75.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$4.48
Price spread: +0.051% → +0.056%
−$0.49
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$13
Costs to cover
0.170%
Break-even
27.3 days
Slippage unknown: Ondo Perps: no order-book sample; BloFin: live order book, 3 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 BloFin live order book, 3 min ago0.55 bp6.5 bp −$78.4 bp −$84doesn'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−0.3310%1h1,462.9−0.270%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,467.8+0.065%$17.8M$44.7M25xas long as short
Ondo Perps ZEC-USD.Plong−0.0118%1h1,466.9long leg$398K$521K5x
BloFin ZEC-USDTshort−0.0097%8h1,467.7+0.051%$29.3M$75.6M75x
Hotstuff ZEC-PERP−0.0080%1h1,466.4−0.037%$6K$2K10xas long as short
Bybit ZECUSDT−0.0045%8h1,468.5+0.106%$271.8M$675.5M75xas long as short
Variational Omni ZEC−0.0023%8h1,459.1−0.530%$46.4M$34.1Mas long as short
dYdX ZEC-USD0.0000%1h1,469.2+0.159%$414K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.6+0.113%$889K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,467.8+0.063%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,468.3+0.092%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,468.2+0.087%$543K100xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,467.7+0.057%$294K$1.5M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0039%1h1,468.7+0.121%$598K$1.3M25xas long as short
ApeX Omni ZECUSDT+0.0039%1h1,463.4−0.239%$430K$818K50xas long as short
OKX ZEC-USDT-SWAP+0.0051%8h1,468.5+0.110%$176.2M$1.36B50xas long as short
Bulk ZEC-USD+0.0054%1h1,460.6−0.432%$899K$25K10xas long as short
Gate ZEC_USDT+0.0060%8h1,468.8+0.128%$49.9M$184.1M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,468.2+0.091%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,459.6−0.496%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,468+0.077%$14K$864K10xas long as short
Lighter ZEC+0.0096%1h1,470.6+0.254%$19.0M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,467.8+0.061%$174K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468.5+0.108%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,468.6+0.118%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.9+0.205%$761.5M$490.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.4+0.168%$15.4M$33.1M75xas long as short
Pacifica ZEC+0.0100%1h1,469.4+0.170%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.8+0.128%$676.1M$2.52B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,468.7+0.119%$224.1M$854.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469+0.142%$103.4M$56.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,469.2+0.157%$163.0M$308.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,467.8+0.062%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,459.8−0.481%$509K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,458.9−0.545%$3.0M$492K10xas long as short
StandX ZEC-USD+0.0100%1h1,466.9−0.001%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,467.6+0.048%$345K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.7+0.053%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.3−0.040%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,470.1+0.217%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,468+0.076%$223K$4.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468+0.072%$2.4M$23.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.5+0.109%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,468.9+0.136%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.9+0.070%$37K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,468.4+0.106%$844K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0226%1h1,468.5+0.106%$2.3M$4.0M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,470.5+0.248%$3.7M$11.7M50xas long as short
Lighter RH ZEC+0.0432%1h1,470.9+0.274%$2.0M$8.2M10xas long as short
Arcus ZEC-USD+0.0444%1h1,469.1+0.151%$730K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0525%1h1,465.2−0.114%$41K$34K10xas long as short