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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%
Price spread now: Ondo Perps against OKX+0.073%48s7-day average −0.050% · 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+0.275%+$27 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.073%, 7d avg −0.050%
Together, before fees+0.168%+ Points / potential airdropOndo Perps: Active · farm board+$17 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 0.123% dearer against OKX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.050%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZEC-USDT-SWAP1,483.80.0100pay 0.0100% / 8h1h 45m$179.8M$1.31B50x
ShortOndo Perps ZEC-USD.P1,484.90.0100get 0.0013% / 1h45m 48s$405K$508K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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
Price spread: +0.073% → −0.050%
$12.32
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$2.68
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago0.03 bp7.0 bp −$79.7 bp −$9718.5 bp −$1,851doesn'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−0.3684%1h1,484.2+0.025%$34K$273K12xas long as short
BloFin ZEC-USDT−0.0118%8h1,483.9+0.005%$30.7M$73.8M75xas long as short
Bulk ZEC-USD−0.0097%1h1,490.7+0.461%$901K$15K10xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,484.8+0.066%$18.0M$46.5M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,483.8−0.001%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,483.9+0.007%$412K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,485.3+0.099%$1.6M$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,483.3−0.036%$61K$297K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,484.9+0.071%$5.3M150xas long as short
Orderly PERP_ZEC_USDC+0.0073%8h1,484.3+0.035%$298K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,484.6+0.052%$158K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,484.9+0.074%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,483.5−0.018%$13.9M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,484.8+0.064%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,484+0.013%$690.8M$2.29B75xas long as short
Bybit ZECUSDT+0.0100%8h1,483.9+0.004%$269.6M$627.5M75xas long as short
OKX ZEC-USDT-SWAPlong+0.0100%8h1,483.8long leg$179.8M$1.31B50x
Ondo Perps ZEC-USD.Pshort+0.0100%1h1,484.9+0.073%$405K$508K5x
Gate ZEC_USDT+0.0100%8h1,484+0.010%$54.3M$180.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,484.1+0.017%$236.9M$776.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,485+0.077%$102.0M$56.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,484+0.013%$160.1M$288.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,483.4−0.028%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,485.7+0.127%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,483−0.056%$48.4M$33.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,484.5+0.049%$568K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,485.3+0.101%$3.0M$488K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,484.3+0.030%$411K$932K50xas long as short
StandX ZEC-USD+0.0100%1h1,484.6+0.056%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,484.1+0.020%$358K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,485+0.081%$163K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,483.5−0.020%$453K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,486.9+0.207%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,485.1+0.089%$253K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,484.2+0.028%$2.6M$19.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,485.1+0.090%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,484.6+0.050%$61K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,484.2+0.023%$11K$864K10xas long as short
Extended ZEC-USD+0.0104%1h1,484.1+0.020%$2.7M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,484.5+0.044%$43K$152K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,484.9+0.071%$8K$7K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0123% / S −0.0110%1h1,484.6+0.051%$430K100xas long as short
RISEx ZEC/USDC+0.0129%1h1,484.7+0.063%$929K$1.2M10xas long as short
Phoenix ZEC+0.0134%1h1,484.9+0.075%$4.7M$1.4M10xas long as short
Hyperliquid ZEC+0.0179%1h1,485.6+0.121%$771.8M$440.7M10xas long as short
Aftermath Perps ZECUSD+0.0192%1h1,485.8+0.132%$48K$63K10xas long as short
Arcus ZEC-USD+0.0221%1h1,486.5+0.180%$623K$8.6M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0266%1h1,485.4+0.110%$706K$1.4M25xas long as short
Lighter ZEC+0.0280%1h1,485.3+0.101%$19.4M$45.5M20xas long as short
Lighter RH ZEC+0.0312%1h1,486.3+0.165%$2.1M$7.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,485.8+0.133%$3.6M$9.9M50xas long as short