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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.022%
Price spread now: Bullet against Ondo Perps+0.129%7-day average +0.070% · 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 3 days (all we have)+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.104%+$10 · spread now +0.129%, 7d avg +0.070%
Together, before fees+0.124%+ Points / potential airdropOndo Perps: Active · farm board+$12 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: Bullet is 0.059% dearer against Ondo Perps than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,475.20.0100pay 0.0013% / 1h27m 16s$403K$508K5x
ShortBullet ZEC-USD1,477.10.0100get 0.0013% / 1h27m 16s$162K$184K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$0
Price spread: +0.129% → +0.070%
$5.87
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$7.13
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bullet: live order book, 17 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 Bullet live order book, 17 min ago0.41 bp5.7 bp −$611.1 bp −$111doesn'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−0.3684%1h1,462−0.893%$36K$275K12xas long as short
Bulk ZEC-USD−0.0166%1h1,477.1+0.129%$892K$9K10xas long as short
BloFin ZEC-USDT−0.0123%8h1,477+0.125%$30.5M$73.8M75xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,477+0.119%$17.9M$46.8M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,476.8+0.106%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,476.5+0.085%$410K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,478.2+0.205%$1.5M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,476+0.054%$63K$303K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,475.6+0.026%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0077%8h1,476.6+0.092%$297K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps ZECUSD+0.0088%1h1,477.1+0.130%$47K$64K10xas long as short
Popdex ZECUSDT+0.0096%1h1,477.2+0.136%$165K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,476.7+0.099%$10K$871K10xas long as short
Nado ZEC-PERP+0.0100%1h1,477.3+0.143%$2.7M$7.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,476.5+0.089%$13.8M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,476.8+0.112%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,477.2+0.136%$688.1M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,476.5+0.088%$263.7M$632.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,476.6+0.094%$178.9M$1.31B50xas long as short
Ondo Perps ZEC-USD.Plong+0.0100%1h1,475.2long leg$403K$508K5x
Gate ZEC_USDT+0.0100%8h1,477.2+0.132%$54.3M$183.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,477.2+0.133%$240.7M$784.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,477.2+0.134%$101.0M$57.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,477.1+0.126%$158.9M$288.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,477.2+0.137%$115.5Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,476.9+0.112%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,477.6+0.164%$48.1M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,477.5+0.157%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,478.3+0.213%$3.0M$498K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,476.6+0.096%$406K$936K50xas long as short
StandX ZEC-USD+0.0100%1h1,475.9+0.047%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,476.6+0.095%$355K$1.7M10xas long as short
Bullet ZEC-USDshort+0.0100%1h1,477.1+0.129%$162K$184K20x
Derive ZEC-PERP+0.0100%1h1,473.4−0.122%$450K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,478.8+0.243%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,476.7+0.103%$251K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,475.3+0.007%$2.6M$19.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,476.6+0.093%$3.9M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,476.7+0.103%$61K$43K10xas long as short
Extended ZEC-USD+0.0104%1h1,476.8+0.112%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,476.7+0.099%$42K$152K20xas long as short
RISEx ZEC/USDC+0.0129%1h1,477.2+0.136%$924K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,478.9+0.249%$4.7M$1.4M10xas long as short
01 Exchange ZECUSD+0.0136%1h1,477.3+0.142%$8K$7K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0144% / S −0.0152%1h1,476.2+0.064%$478K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0214%1h1,477.6+0.163%$675K$1.4M25xas long as short
Arcus ZEC-USD+0.0221%1h1,478.7+0.235%$637K$8.6M10xas long as short
Lighter RH ZEC+0.0248%1h1,478.1+0.198%$2.1M$7.4M10xas long as short
Hyperliquid ZEC+0.0252%1h1,478.5+0.224%$767.2M$442.4M10xas long as short
Lighter ZEC+0.0304%1h1,478.2+0.204%$19.4M$45.8M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,477.9+0.186%$3.6M$9.9M50xas long as short