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+0.0177%/8h= +19.4% APRnext payment +$0.22 per $10,000 · paid last 24h −0.035%
Price spread now: Hotstuff against Ondo Perps+0.269%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hotstuff is 0.269% dearer against Ondo Perps than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,466.3−0.0257get 0.0032% / 1h22m 07s$399K$518K5x
ShortHotstuff ZEC-PERP1,470.2−0.0080pay 0.0010% / 1h22m 07s$6K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$37.13
Price spread: +0.269% → 0.000%
$26.87
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$54
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; Hotstuff: 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 Ondo Perps no order-book sample
Sell Hotstuff no order-book sample
Ondo Perps and Hotstuff: 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%1h1,468.5+0.147%$34K$275K12xas long as short
Ondo Perps ZEC-USD.Plong−0.0257%1h1,466.3long leg$399K$518K5x
Kraken Futures PF_ZECUSD−0.0225%1h1,471.1+0.331%$17.9M$44.4M25xas long as short
Bybit ZECUSDT−0.0116%8h1,470.8+0.307%$274.7M$653.9M75xas long as short
BloFin ZEC-USDT−0.0108%8h1,469.3+0.205%$29.7M$75.0M75xas long as short
Hotstuff ZEC-PERPshort−0.0080%1h1,470.2+0.269%$6K$2K10x
Variational Omni ZEC−0.0060%8h1,471.8+0.372%$46.8M$33.9Mas long as short
ApeX Omni ZECUSDT−0.0008%1h1,470.7+0.299%$431K$842K50xas long as short
dYdX ZEC-USD0.0000%1h1,471.4+0.348%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.1+0.325%$959K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,470.6+0.295%$84K$407K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.6+0.359%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,471.2+0.331%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,471.3+0.343%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,470.8+0.305%$4.6M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,471.4+0.348%$180.8M$1.34B50xas long as short
Gate ZEC_USDT+0.0047%8h1,471.1+0.324%$50.6M$186.9M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,471.3+0.343%$372K100xas long as short
Lighter ZEC+0.0096%1h1,473+0.459%$19.2M$52.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,471.1+0.325%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,469.6+0.224%$13K$834K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470.5+0.287%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,471.9+0.383%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.1+0.396%$762.9M$472.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.2+0.336%$15.0M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,471.6+0.359%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.4+0.346%$684.4M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,472+0.388%$702K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,469.8+0.236%$894K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.3+0.343%$232.3M$840.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471.6+0.358%$103.6M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.7+0.368%$163.3M$301.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,470+0.252%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,469.4+0.212%$513K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.2+0.468%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,469+0.187%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470.9+0.314%$337K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,470.9+0.311%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.5+0.218%$458K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.1+0.463%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.2+0.334%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470.8+0.304%$2.5M$22.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,471.8+0.376%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,471.7+0.368%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.3+0.340%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,471.7+0.370%$825K$1.2M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0172%1h1,472.4+0.414%$614K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0414%1h1,472.6+0.428%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,473.7+0.505%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0464%1h1,473.7+0.501%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0739%1h1,471.6+0.358%$46K$47K10xas long as short