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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0068%/8hnext payment +$0.08 per $10,000 · paid last 24h −0.016%
Price spread now: gTrade (Gains Network) against Ondo Perps+0.269%7-day average +0.049% · 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)−0.070%−$7 on $10k
Price spread, last 3 days (all we have)−0.201%−$20 · spread now +0.269%, 7d avg +0.049%
Together, before fees−0.272%+ Points / potential airdropOndo Perps: Active · farm board−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.220% dearer against Ondo Perps than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.049%. Mind the row above: over the last 3 days funding on this pair cost −0.070%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,470.2−0.0062get 0.0008% / 1h4m 10s$399K$571K5x
ShortgTrade (Gains Network) ZEC/USD1,474.2L +0.0007% / S −0.0006%get 0.0001% / 1h4m 10s$5.2M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
$14.26
Price spread: +0.269% → +0.049%
$22
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$21.25
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 4 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 gTrade (Gains Network) virtual book (oracle venue), 4 min ago130.03 bp135.0 bp −$135584.7 bp −$5,847doesn'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−0.3655%1h1,460.2−0.680%$34K$159K12xas long as short
Kraken Futures PF_ZECUSD−0.0434%1h1,474.2+0.271%$18.0M$46.0M25xas long as short
ApeX Omni ZECUSDT−0.0341%1h1,469.7−0.033%$958K$432K50xas long as short
Variational Omni ZEC−0.0137%8h1,472.3+0.145%$48.2M$31.0Mas long as short
Bybit ZECUSDT−0.0132%8h1,474.3+0.275%$275.9M$716.9M75xas long as short
BloFin ZEC-USDT−0.0085%8h1,472.8+0.177%$30.1M$78.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,473.3+0.212%$6K$2K10xas long as short
Ondo Perps ZEC-USD.Plong−0.0062%1h1,470.2long leg$399K$571K5x
Orderly PERP_ZEC_USDC−0.0013%8h1,474.4+0.287%$285K$1.7M20xas long as short
01 Exchange ZECUSD−0.0008%1h1,474+0.261%$9K$10K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZEC-USDT-SWAP−0.0002%8h1,474.4+0.282%$177.1M$1.45B50xas long as short
dYdX ZEC-USD0.0000%1h1,473.5+0.224%$415K$107K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.6+0.234%$981K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,473.4+0.214%$80K$435K10xas long as short
Aster ZECUSDT0.0000%8h1,473.7+0.241%$15.1M$36.1M75xas long as short
gTrade (Gains Network) ZEC/USDshortL +0.0007% / S −0.0006%1h1,474.2+0.269%$5.2M150x
Phoenix ZEC+0.0012%1h1,473.7+0.241%$4.7M$1.7M10xas long as short
Gate ZEC_USDT+0.0012%8h1,473.5+0.222%$51.2M$197.0M75xas long as short
MEXC ZEC_USDT+0.0035%8h1,474.5+0.295%$228.8M$980.0M150xas long as short
Binance ZECUSDT+0.0037%8h1,474.5+0.295%$675.5M$2.66B75xas long as short
Polymarket Perps ZEC-USD+0.0063%1h1,472.8+0.177%$322K$2.5M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0070% / S +0.0044%1h1,473.7+0.239%$578K100xas long as short
Aevo ZEC-PERP+0.0088%1h1,474.2+0.275%$37K$362K20xas long as short
Katana Perps ZEC-USD+0.0091%8h1,473.1+0.197%$12K$889K10xas long as short
Popdex ZECUSDT+0.0096%1h1,473.3+0.210%$176K$2.1M50xas long as short
Paradex ZEC-USD-PERP+0.0099%8h1,474.2+0.274%$61K$37K10xas long as short
RISEx ZEC/USDC+0.0100%1h1,473.9+0.250%$855K$2.6M10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.6+0.229%$3.1M$7.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.7+0.238%$768.7M$559.0M10xas long as short
Pacifica ZEC+0.0100%1h1,474.1+0.262%$1.6M$3.3M10xas long as short
Arcus ZEC-USD+0.0100%1h1,475.5+0.363%$728K$7.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,476.1+0.400%$909K$21K10xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473.3+0.212%$103.7M$62.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,474.3+0.280%$170.8M$330.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,473+0.191%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,474.3+0.275%$2.4M$3.8M15xas long as short
edgeX ZECUSDC+0.0100%4h1,473.3+0.214%$494K$10.4M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.2+0.205%$3.0M$510K10xas long as short
StandX ZEC-USD+0.0100%1h1,473.6+0.233%$110K$4.8M30xas long as short
Bullet ZEC-USD+0.0100%1h1,473.4+0.221%$128K$162K20xas long as short
Derive ZEC-PERP+0.0100%1h1,472.7+0.170%$448K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.3+0.482%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,473.1+0.195%$224K$5.1M10xas long as short
HTX ZEC-USDT+0.0100%8h1,474.3+0.280%$2.4M$28.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,474.7+0.303%$3.8M$6.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,474.5+0.294%$3.2M$4.6M10xas long as short
Lighter ZEC+0.0112%1h1,475.9+0.389%$19.5M$59.4M20xas long as short
Lighter RH ZEC+0.0232%1h1,476.2+0.405%$1.8M$7.7M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0239%1h1,475.3+0.348%$577K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0384%1h1,475.3+0.345%$3.8M$12.5M50xas long as short
Aftermath Perps ZECUSD+0.0513%1h1,474+0.257%$39K$33K10xas long as short