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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.02 per $10,000 · paid last 24h −0.023%
Price spread now: Ondo Perps against Deribit−0.111%7-day average −0.117% · 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 7 days+0.093%+$9 on $10k
Price spread, last 4 days (all we have)−0.676%−$68 · spread now −0.111%, 7d avg −0.117%
Together, before fees−0.583%+ Points / potential airdropOndo Perps: Active · farm board−$58 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.117%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ZEC_USDC-PERPETUAL1,4600.0088pay 0.0011% / 1h17m 41s$616K$1.3M25x
ShortOndo Perps ZEC-USD.P1,458.40.0100get 0.0013% / 1h17m 41s$397K$442K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Deribit. 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
$2.58
Price spread: −0.111% → −0.117%
$0.59
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$8.83
Costs to cover
0.120%
Break-even
30.9 days
Slippage unknown: Deribit: live order book, 1 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 Deribit live order book, 1 min ago5.52 bp10.2 bp −$1016.3 bp −$163doesn'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−0.3166%1h1,462.9+0.194%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,459.6−0.031%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0069%8h1,461.4+0.097%$29.4M$71.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,459.7−0.019%$411K$38K5xas long as short
Kalshi KXZECPERP0.0000%8h1,461+0.064%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,458.7−0.094%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,459.4−0.044%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,459.4−0.044%$292K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0069% / S −0.0020%1h1,459.3−0.049%$410K100xas long as short
01 Exchange ZECUSD+0.0080%1h1,459.4−0.044%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUALlong+0.0088%1h1,460long leg$616K$1.3M25x
Popdex ZECUSDT+0.0096%1h1,459.3−0.047%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,459.4−0.044%$11K$857K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,4600.000%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,459.2−0.056%$2.8M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,461.1+0.074%$759.6M$431.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,459.8−0.018%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,460.3+0.018%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,459.9−0.007%$671.1M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,459.4−0.044%$262.1M$602.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,459.7−0.020%$178.2M$1.23B50xas long as short
Ondo Perps ZEC-USD.Pshort+0.0100%1h1,458.4−0.111%$397K$442K5x
Bulk ZEC-USD+0.0100%1h1,457.2−0.192%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,459.5−0.035%$50.6M$174.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,459.9−0.009%$214.9M$773.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460−0.004%$103.0M$54.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,460+0.002%$166.1M$271.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,459.7−0.020%$105.7Mas long as short
Variational Omni ZEC+0.0100%8h1,460.3+0.019%$47.9M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,460.8+0.054%$569K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,462.4+0.162%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461.2+0.082%$406K$938K50xas long as short
StandX ZEC-USD+0.0100%1h1,462+0.133%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,459.2−0.056%$365K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,459.2−0.054%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,458.5−0.105%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,461.7+0.112%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,459.4−0.046%$234K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,457.9−0.147%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,459.5−0.036%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,460+0.001%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,459.4−0.046%$47K$151K20xas long as short
Backpack ZEC_USDC_PERP+0.0113%1h1,460.1+0.007%$2.4M$3.8M15xas long as short
Phoenix ZEC+0.0123%1h1,462.1+0.142%$4.6M$1.3M10xas long as short
Lighter ZEC+0.0264%1h1,461.2+0.081%$19.2M$46.0M20xas long as short
Kraken Futures PF_ZECUSD+0.0276%1h1,459.3−0.047%$18.1M$45.0M25xas long as short
Lighter RH ZEC+0.0384%1h1,461.1+0.076%$2.1M$7.0M10xas long as short
RISEx ZEC/USDC+0.0412%1h1,459.2−0.054%$924K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,461.5+0.099%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0626%1h1,460.9+0.063%$683K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0684%1h1,460.3+0.018%$45K$49K10xas long as short