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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0137%/8h= −15.0% APRpaid last 24h −0.013%
Price spread now: Ondo Perps against Gate−0.231%7-day average −0.050% · 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+0.260%+$26 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.231%, 7d avg −0.050%
Together, before fees+0.338%+ Points / potential airdropOndo Perps: Active · farm board+$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Ondo Perps is 0.181% cheaper against Gate than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.050%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.260%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEC_USDT1,468.20.0100pay 0.0100% / 8h6h 02m$50.2M$177.1M75x
ShortOndo Perps ZEC-USD.P1,464.8−0.0037pay 0.0005% / 1h2m 56s$398K$501K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Gate. 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
−$28.73
Price spread: −0.231% → −0.050%
−$18.08
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$66.81
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Gate: 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 Gate live order book, 1 min ago0.03 bp12.1 bp −$1216.9 bp −$16929.7 bp −$2,96952.4 bp −$26.2K
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 50 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−0.3678%1h1,452−1.101%$33K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.6+0.161%$6K$1K10xas long as short
Ondo Perps ZEC-USD.Pshort−0.0037%1h1,464.8−0.231%$398K$501K5x
Kraken Futures PF_ZECUSD−0.0002%1h1,469.3+0.072%$18.1M$43.5M25xas long as short
dYdX ZEC-USD0.0000%1h1,469.7+0.103%$414K$50K5xas long as short
Kalshi KXZECPERP0.0000%8h1,470.3+0.140%$972K$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,469.4+0.082%$84K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,469.7+0.105%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0031%8h1,469.6+0.093%$293K$987K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,469.8+0.107%$384K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0056%1h1,470.3+0.140%$8K$8K5xas long as short
Phoenix ZEC+0.0070%1h1,466.6−0.108%$4.6M$1.5M10xas long as short
Variational Omni ZEC+0.0072%8h1,466.6−0.106%$47.9M$32.6Mas long as short
OKX ZEC-USDT-SWAP+0.0093%8h1,467.8−0.030%$181.0M$1.24B50xas long as short
Popdex ZECUSDT+0.0096%1h1,470+0.121%$174K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,469.3+0.072%$17K$844K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470.3+0.141%$61K$41K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470.2+0.138%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.1+0.062%$765.2M$434.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.7+0.036%$14.8M$29.4M75xas long as short
Pacifica ZEC+0.0100%1h1,470.7+0.169%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.1−0.008%$678.4M$2.27B75xas long as short
Bybit ZECUSDT+0.0100%8h1,468.1−0.009%$271.4M$606.9M75xas long as short
Bulk ZEC-USD+0.0100%1h1,466.6−0.110%$890K$18K10xas long as short
Gate ZEC_USDTlong+0.0100%8h1,468.2long leg$50.2M$177.1M75x
MEXC ZEC_USDT+0.0100%8h1,468.1−0.007%$216.2M$803.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.9−0.019%$103.2M$55.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.2−0.001%$163.1M$276.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,468.5+0.024%$98.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,466−0.149%$570K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468.2+0.001%$3.0M$430K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,466.3−0.129%$426K$884K50xas long as short
StandX ZEC-USD+0.0100%1h1,470.1+0.127%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,469.8+0.110%$344K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469.7+0.101%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.3+0.007%$448K$512K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.2+0.272%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.6+0.096%$242K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,469.6+0.097%$2.5M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,469.1+0.064%$3.9M$5.2M50xas long as short
Extended ZEC-USD+0.0104%1h1,467.8−0.025%$2.8M$7.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,469.8+0.107%$48K$155K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0184%1h1,470.5+0.157%$612K$1.3M25xas long as short
Lighter ZEC+0.0224%1h1,470.8+0.175%$19.2M$48.3M20xas long as short
Arcus ZEC-USD+0.0254%1h1,471.7+0.240%$692K$8.5M10xas long as short
Lighter RH ZEC+0.0296%1h1,470.6+0.163%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,470.7+0.173%$853K$1.0M10xas long as short
Backpack ZEC_USDC_PERP+0.0418%1h1,469.3+0.072%$2.4M$3.9M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,472.4+0.289%$3.6M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0731%1h1,470+0.126%$43K$46K10xas long as short