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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.027%
Price spread now: edgeX against Ondo Perps+0.040%7-day average −0.005% · 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+0.052%+$5 on $10k
Price spread, last 4 days (all we have)−0.367%−$37 · spread now +0.040%, 7d avg −0.005%
Together, before fees−0.315%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board−$31 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: edgeX is 0.045% dearer against Ondo Perps than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,505.10.0100pay 0.0013% / 1h6m 53s$408K$484K5x
ShortedgeX ZECUSDC1,505.70.0100get 0.0050% / 4h2h 06m$575K$8.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: +0.040% → −0.005%
$4.46
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$9.54
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 2 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 edgeX live order book, 2 min ago0.40 bp5.2 bp −$511.7 bp −$117doesn'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−0.3243%1h1,491.6−0.897%$34K$273K12xas long as short
Bulk ZEC-USD−0.0279%1h1,512.6+0.499%$914K$15K10xas long as short
BloFin ZEC-USDT−0.0124%8h1,499.5−0.371%$30.6M$74.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,498.3−0.455%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,496.8−0.551%$416K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,500.9−0.280%$1.7M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,495.3−0.651%$85K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,497.6−0.499%$5.3M150xas long as short
Orderly PERP_ZEC_USDC+0.0068%8h1,500.6−0.302%$303K$1.1M20xas long as short
01 Exchange ZECUSD+0.0088%1h1,496.7−0.560%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,496.7−0.559%$4.7M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,496.4−0.581%$152K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,496.8−0.552%$2.8M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,500.5−0.306%$782.7M$437.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,498.5−0.439%$14.3M$29.4M75xas long as short
Pacifica ZEC+0.0100%1h1,496.8−0.549%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,498.8−0.421%$696.1M$2.27B75xas long as short
Bybit ZECUSDT+0.0100%8h1,498.6−0.433%$274.5M$620.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,498.6−0.431%$181.3M$1.31B50xas long as short
Ondo Perps ZEC-USD.Plong+0.0100%1h1,505.1long leg$408K$484K5x
Gate ZEC_USDT+0.0100%8h1,498.7−0.424%$54.0M$182.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,498.5−0.440%$227.0M$783.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,499−0.406%$103.0M$55.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,498.8−0.419%$161.6M$284.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,498.8−0.421%$114.0Mas long as short
Variational Omni ZEC+0.0100%8h1,504.3−0.056%$49.1M$33.0Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,505.7+0.040%$575K$8.7M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,505.4+0.017%$3.1M$475K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,504.8−0.020%$417K$929K50xas long as short
StandX ZEC-USD+0.0100%1h1,498.2−0.460%$57K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,495.7−0.625%$362K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,497.5−0.508%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,499.8−0.354%$458K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,502.2−0.191%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,500−0.338%$248K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,498.8−0.421%$2.6M$19.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,499.6−0.364%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,496.9−0.543%$62K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,496.3−0.584%$13K$856K10xas long as short
Extended ZEC-USD+0.0104%1h1,498.6−0.430%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,499.8−0.353%$46K$149K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0107% / S −0.0082%1h1,497.5−0.508%$404K100xas long as short
Kraken Futures PF_ZECUSD+0.0143%1h1,500.2−0.325%$18.2M$46.1M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,496.6−0.564%$934K$1.1M10xas long as short
Lighter RH ZEC+0.0208%1h1,501.3−0.250%$2.1M$7.3M10xas long as short
Lighter ZEC+0.0224%1h1,501.8−0.220%$19.7M$45.9M20xas long as short
Backpack ZEC_USDC_PERP+0.0376%1h1,500.2−0.324%$2.3M$3.8M15xas long as short
Aftermath Perps ZECUSD+0.0451%1h1,501.1−0.265%$50K$61K10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0457%1h1,502.1−0.201%$711K$1.4M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,502.1−0.203%$3.7M$9.9M50xas long as short
Arcus ZEC-USD+0.0508%1h1,497.9−0.478%$619K$8.5M10xas long as short