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+0.3142%/8h= +344.0% APRnext payment +$3.93 per $10,000 · paid last 24h +0.633%
Price spread now: Ondo Perps against Injective−0.157%7-day average −0.121% · 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+2.469%+$247 on $10k
Price spread, last 4 days (all we have)−0.554%−$55 · spread now −0.157%, 7d avg −0.121%
Together, before fees+1.915%+ Points / potential airdropOndo Perps: Active · farm board+$192 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.036% cheaper against Injective than usual: you would sell low and buy high (spread −0.157% now, against its 7-day average of −0.121%). If the spread goes back, that is −$4 on $10k: about under an hour of funding at the current rate (+$94 a day). At the pace of the last 7 days (+2.469% in total) that is about 2 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ZEC/USDC PERP1,458−0.3042get 0.0380% / 1h25m 19s$34K$272K12x
ShortOndo Perps ZEC-USD.P1,455.70.0100get 0.0013% / 1h25m 19s$395K$434K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$659.79
Price spread: −0.157% → −0.121%
−$3.61
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$651.16
Costs to cover
0.050%
Break-even
0.1 days
Slippage unknown: Injective: live order book, 29 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 Injective live order book, 29 min ago59.94 bp489790.2 bp −$489.8K4955541.0 bp −$49.56M49325324.0 bp −$4932.53M245805328.0 bp −$122902.66M
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 PERPlong−0.3042%1h1,458long leg$34K$272K12x
Hotstuff ZEC-PERP−0.0080%1h1,456.8−0.081%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,456.5−0.103%$29.4M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,456.3−0.115%$410K$36K5xas long as short
Perpl ZEC0.0000%43m1,456.7−0.087%$83K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,456.3−0.119%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,455.9−0.145%$291K$944K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0084% / S −0.0035%1h1,456.1−0.128%$434K100xas long as short
Popdex ZECUSDT+0.0096%1h1,456.6−0.095%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,456.8−0.085%$14K$820K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ZEC-USD-PERP+0.0100%8h1,456.6−0.093%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456.7−0.092%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,456.3−0.113%$14.5M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,456.9−0.072%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.5−0.104%$670.3M$2.19B75xas long as short
Bybit ZECUSDT+0.0100%8h1,455.8−0.147%$260.9M$599.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,456.3−0.115%$178.7M$1.21B50xas long as short
Ondo Perps ZEC-USD.Pshort+0.0100%1h1,455.7−0.157%$395K$434K5x
Bulk ZEC-USD+0.0100%1h1,453.9−0.283%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,456.1−0.128%$51.4M$171.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.3−0.115%$218.6M$770.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456.6−0.095%$102.8M$53.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,456.4−0.112%$165.7M$269.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,455.7−0.155%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,455.5−0.174%$47.7M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,456.2−0.125%$567K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.5−0.102%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,456.4−0.107%$402K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.6−0.098%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.3−0.116%$354K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,456.2−0.122%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,454.9−0.213%$444K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,458.9+0.064%$4K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,456.2−0.121%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,455.7−0.158%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,456.5−0.106%$3.8M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,455.8−0.149%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,455.9−0.141%$47K$151K20xas long as short
Lighter RH ZEC+0.0112%1h1,457.9−0.010%$2.1M$7.0M10xas long as short
Phoenix ZEC+0.0116%1h1,457.6−0.030%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,457.2−0.056%$8K$7K5xas long as short
Lighter ZEC+0.0144%1h1,457.8−0.014%$19.2M$45.0M20xas long as short
Hyperliquid ZEC+0.0146%1h1,457.6−0.027%$758.9M$426.3M10xas long as short
Kalshi KXZECPERP+0.0162%8h1,457.1−0.060%$1.5M$4.4M2.2xas long as short
Backpack ZEC_USDC_PERP+0.0174%1h1,457.1−0.058%$2.4M$3.8M15xas long as short
RISEx ZEC/USDC+0.0216%1h1,456.8−0.081%$921K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0251%1h1,456.7−0.091%$613K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,456.2−0.124%$18.0M$45.3M25xas long as short
Arcus ZEC-USD+0.0344%1h1,458.4+0.028%$697K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,458.9+0.062%$3.8M$9.2M50xas long as short
Aftermath Perps ZECUSD+0.0674%1h1,456.5−0.099%$45K$49K10xas long as short