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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.042%
Price spread now: RISEx against Ondo Perps+0.164%7-day average +0.089% · 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 4 days (all we have)+0.222%+$22 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.164%, 7d avg +0.089%
Together, before fees+0.251%+ Points / potential airdropOndo Perps: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and RISEx is 0.075% dearer against Ondo Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,458.40.0092pay 0.0011% / 1h14m 52s$396K$435K5x
ShortRISEx ZEC/USDC1,460.80.0216get 0.0027% / 1h14m 52s$924K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$26.03
Price spread: +0.164% → +0.089%
$7.46
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$22.49
Costs to cover
0.110%
Break-even
1.0 days
Slippage unknown: Ondo Perps: no order-book sample; RISEx: live order book, 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 RISEx live order book, 4 min ago1.57 bp4.6 bp −$59.0 bp −$90doesn'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−0.3042%1h1,460.8+0.166%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,459.9+0.103%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,460.7+0.160%$29.6M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,459.7+0.090%$406K$41K5xas long as short
Perpl ZEC0.0000%43m1,460.5+0.143%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.8+0.163%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,460.4+0.137%$292K$916K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0087% / S −0.0038%1h1,460.9+0.174%$435K100xas long as short
Ondo Perps ZEC-USD.Plong+0.0092%1h1,458.4long leg$396K$435K5x
Popdex ZECUSDT+0.0096%1h1,460.7+0.156%$174K$1.6M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,460.9+0.174%$14K$802K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,460.8+0.161%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,460+0.109%$2.8M$6.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,460.9+0.170%$14.5M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,460.2+0.121%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,461+0.179%$672.6M$2.17B75xas long as short
Bybit ZECUSDT+0.0100%8h1,460.3+0.131%$261.5M$589.3M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,460.8+0.165%$179.3M$1.20B50xas long as short
Bulk ZEC-USD+0.0100%1h1,457.9−0.035%$881K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,460.7+0.156%$52.2M$172.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,460.9+0.174%$219.3M$772.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,461.5+0.215%$103.1M$53.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,461.2+0.192%$165.8M$268.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,460.2+0.122%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,458.8+0.026%$47.8M$32.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,459.6+0.083%$568K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.3+0.061%$3.0M$464K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458.6+0.016%$403K$944K50xas long as short
StandX ZEC-USD+0.0100%1h1,459+0.041%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,461.2+0.192%$355K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,460.9+0.174%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,459.5+0.077%$446K$504K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,462.9+0.310%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,460.7+0.159%$234K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,458.5+0.004%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,460.7+0.156%$3.8M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,460.7+0.156%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,460.5+0.142%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,459.8+0.096%$4.6M$1.3M10xas long as short
Lighter RH ZEC+0.0120%1h1,462.2+0.261%$2.1M$7.0M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,461.3+0.202%$8K$7K5xas long as short
Hyperliquid ZEC+0.0143%1h1,462.6+0.288%$762.0M$424.7M10xas long as short
Lighter ZEC+0.0160%1h1,462.1+0.256%$19.4M$45.3M20xas long as short
Kalshi KXZECPERP+0.0186%8h1,460.8+0.167%$1.5M$4.4M2.2xas long as short
RISEx ZEC/USDCshort+0.0216%1h1,460.8+0.164%$924K$1.1M10x
Backpack ZEC_USDC_PERP+0.0266%1h1,461.8+0.234%$2.4M$3.8M15xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0319%1h1,461.5+0.212%$615K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0332%1h1,460.5+0.146%$18.1M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,461.8+0.234%$686K$8.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,461.3+0.198%$3.8M$9.2M50xas long as short
Aftermath Perps ZECUSD+0.0676%1h1,460+0.112%$45K$49K10xas long as short