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−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.036%
Price spread now: Ondo Perps against Extended+0.100%7-day average −0.046% · 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 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.100%, 7d avg −0.046%
Together, before fees−0.125%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.146% dearer against Extended than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,474.10.0104pay 0.0013% / 1h27m 15s$2.8M$7.8M10x
ShortOndo Perps ZEC-USD.P1,475.60.0100get 0.0013% / 1h27m 15s$399K$433K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Extended. 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
−$0.84
Price spread: +0.100% → −0.046%
$14.63
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$3.79
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Extended: live order book, 2 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 Extended live order book, 2 min ago3.67 bp7.7 bp −$810.1 bp −$10157.0 bp −$5,702doesn'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%1h1,457.4−1.133%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0088%8h1,473.9−0.018%$29.8M$71.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,475.5+0.092%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,476.8+0.182%$410K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,476.2+0.141%$1.6M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,473.6−0.033%$84K$239K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,474.3+0.010%$620K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0007%1h1,474.3+0.009%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,473.8−0.022%$295K$896K20xas long as short
01 Exchange ZECUSD+0.0072%1h1,474.9+0.051%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0091%8h1,473.3−0.056%$264.7M$592.3M75xas long as short
Phoenix ZEC+0.0092%1h1,473.3−0.054%$4.7M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,474.4+0.020%$173K$1.6M50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0099% / S −0.0053%1h1,473.9−0.018%$439K100xas long as short
Katana Perps ZEC-USD+0.0100%8h1,474.4+0.021%$13K$818K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,476.7+0.174%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,475.9+0.118%$2.9M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,475.5+0.094%$767.9M$420.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,473.9−0.015%$14.4M$28.2M75xas long as short
Pacifica ZEC+0.0100%1h1,476.4+0.153%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,473.7−0.028%$680.8M$2.17B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,473.5−0.040%$179.0M$1.22B50xas long as short
Ondo Perps ZEC-USD.Pshort+0.0100%1h1,475.6+0.100%$399K$433K5x
Bulk ZEC-USD+0.0100%1h1,472.4−0.116%$889K$15K10xas long as short
Gate ZEC_USDT+0.0100%8h1,473.9−0.018%$53.2M$171.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,473.4−0.047%$227.2M$764.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,475.4+0.084%$103.8M$52.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,474−0.008%$166.8M$268.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,474.4+0.016%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,471.5−0.180%$48.3M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,476.1+0.133%$557K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.10.000%$3.0M$455K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,476.8+0.181%$408K$926K50xas long as short
StandX ZEC-USD+0.0100%1h1,478.1+0.269%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,474.3+0.012%$362K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,473.9−0.015%$162K$183K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473−0.078%$450K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,476+0.130%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,473.7−0.031%$244K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,473−0.076%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,474.1−0.001%$3.9M$4.8M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,474.1long leg$2.8M$7.8M10x
Aevo ZEC-PERP+0.0104%1h1,473.7−0.027%$46K$152K20xas long as short
Lighter RH ZEC+0.0128%1h1,475.1+0.067%$2.1M$7.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0146%1h1,473.6−0.034%$18.0M$45.6M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,475.2+0.071%$931K$1.1M10xas long as short
Lighter ZEC+0.0184%1h1,475.2+0.071%$19.5M$44.0M20xas long as short
Backpack ZEC_USDC_PERP+0.0399%1h1,477.9+0.254%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,477.2+0.212%$3.7M$9.3M50xas long as short
Arcus ZEC-USD+0.0508%1h1,476.1+0.137%$655K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0716%1h1,473.3−0.052%$45K$49K10xas long as short