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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.07 per $10,000 · paid last 24h −0.044%
Price spread now: Ondo Perps against RISEx−0.293%7-day average −0.091% · you buy dearer than you sell
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)−0.223%−$22 on $10k
Price spread, last 4 days (all we have)+0.115%+$12 · spread now −0.293%, 7d avg −0.091%
Together, before fees−0.108%+ Points / potential airdropOndo Perps: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.202% cheaper against RISEx than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.091%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ZEC/USDC1,478.90.0154pay 0.0019% / 1h24m 36s$934K$1.1M10x
ShortOndo Perps ZEC-USD.P1,474.60.0100get 0.0013% / 1h24m 36s$400K$433K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against RISEx. 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
−$11.41
Price spread: −0.293% → −0.091%
−$20.23
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$42.64
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 4 min ago; Ondo Perps: 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 RISEx live order book, 4 min ago2.71 bp5.7 bp −$612.1 bp −$121doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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%1h1,457.4−1.455%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0099%8h1,477.9−0.067%$29.8M$71.7M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,479+0.003%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,478.6−0.024%$411K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,474.5−0.300%$1.6M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,477.2−0.121%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0007%1h1,477.8−0.076%$5.3M150xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,477.6−0.093%$295K$896K20xas long as short
01 Exchange ZECUSD+0.0064%1h1,479.2+0.020%$8K$7K5xas long as short
Bybit ZECUSDT+0.0092%8h1,478.5−0.027%$265.5M$593.7M75xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,475.1−0.260%$4.7M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,479.1+0.014%$174K$1.6M50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0099% / S −0.0053%1h1,477.7−0.083%$440K100xas long as short
Katana Perps ZEC-USD+0.0100%8h1,478.8−0.009%$12K$818K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,479+0.005%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,479.6+0.046%$2.9M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,479.4+0.031%$770.1M$419.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,479.4+0.034%$14.5M$28.2M75xas long as short
Pacifica ZEC+0.0100%1h1,479.2+0.016%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,479.2+0.018%$683.3M$2.17B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,478.5−0.027%$179.7M$1.22B50xas long as short
Ondo Perps ZEC-USD.Pshort+0.0100%1h1,474.6−0.293%$400K$433K5x
Bulk ZEC-USD+0.0100%1h1,472.4−0.441%$889K$15K10xas long as short
Gate ZEC_USDT+0.0100%8h1,478.8−0.007%$53.6M$172.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,479.1+0.009%$227.9M$765.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,479.2+0.019%$105.3M$52.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,479+0.003%$166.8M$268.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,477.5−0.095%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,473.7−0.355%$48.3M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,475−0.267%$556K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.1−0.326%$3.0M$455K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,472.9−0.406%$407K$926K50xas long as short
StandX ZEC-USD+0.0100%1h1,476.3−0.177%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,478.8−0.009%$364K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,477.7−0.084%$163K$183K20xas long as short
Derive ZEC-PERP+0.0100%1h1,476.6−0.155%$451K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,480.1+0.077%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,477.8−0.076%$244K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,476.2−0.187%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,477.8−0.076%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,478.8−0.006%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,477.7−0.087%$46K$152K20xas long as short
Lighter RH ZEC+0.0120%1h1,479.6+0.046%$2.1M$7.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0145%1h1,477.7−0.081%$18.1M$45.6M25xas long as short
RISEx ZEC/USDClong+0.0154%1h1,478.9long leg$934K$1.1M10x
Lighter ZEC+0.0200%1h1,479.7+0.049%$19.6M$44.1M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0220%1h1,478.4−0.038%$622K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0402%1h1,478.2−0.048%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,479.6+0.047%$3.7M$9.3M50xas long as short
Arcus ZEC-USD+0.0508%1h1,479.5+0.036%$657K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0714%1h1,474.1−0.328%$45K$49K10xas long as short