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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0223%/8h= +24.4% APRnext payment +$0.28 per $10,000 · paid last 24h +0.022%
Price spread now: Aevo against Ondo Perps+0.167%7-day average +0.051% · 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−0.084%−$8 on $10k
Price spread, last 3 days (all we have)−0.063%−$6 · spread now +0.167%, 7d avg +0.051%
Together, before fees−0.147%+ Points / potential airdropOndo Perps: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Aevo is 0.117% dearer against Ondo Perps than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.051%. Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,467.9−0.0119get 0.0015% / 1h30m 11s$399K$518K5x
ShortAevo ZEC-PERP1,470.40.0104get 0.0013% / 1h30m 11s$56K$167K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Ondo Perps. 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
$46.87
Price spread: +0.167% → +0.051%
$11.67
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aevo: 8 bp × 2 orders
−$16
Net
$37.54
Costs to cover
0.210%
Break-even
1.4 days
Slippage unknown: Ondo Perps: no order-book sample; Aevo: live order book, 44 min ago. 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 Ondo Perps no order-book sample
Sell Aevo live order book, 44 min ago2.68 bp17.6 bp −$1824.4 bp −$24435.3 bp −$3,529doesn't fit
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−0.3321%1h1,472.2+0.292%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0342%1h1,471.7+0.257%$17.9M$42.9M25xas long as short
Ondo Perps ZEC-USD.Plong−0.0119%1h1,467.9long leg$399K$518K5x
BloFin ZEC-USDT−0.0102%8h1,469.7+0.121%$29.7M$73.1M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.3+0.162%$6K$2K10xas long as short
Bybit ZECUSDT−0.0062%8h1,471.6+0.249%$274.4M$635.0M75xas long as short
Variational Omni ZEC−0.0053%8h1,469+0.078%$47.6M$33.8Mas long as short
dYdX ZEC-USD0.0000%1h1,469.9+0.136%$414K$103K5xas long as short
Kalshi KXZECPERP0.0000%8h1,470.7+0.191%$959K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,469.7+0.123%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,470.3+0.164%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,470.7+0.192%$294K$1.3M20xas long as short
01 Exchange ZECUSD+0.0024%1h1,470.3+0.160%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0049%8h1,471.5+0.247%$181.8M$1.30B50xas long as short
Phoenix ZEC+0.0054%1h1,470.8+0.197%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,470.3+0.166%$378K100xas long as short
Popdex ZECUSDT+0.0096%1h1,469.8+0.132%$179K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,470.1+0.146%$14K$832K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470.2+0.159%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470.6+0.181%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.8+0.334%$763.8M$455.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,470.6+0.187%$14.9M$31.8M75xas long as short
Pacifica ZEC+0.0100%1h1,470.5+0.178%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.6+0.254%$685.2M$2.38B75xas long as short
Arcus ZEC-USD+0.0100%1h1,471.6+0.253%$699K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471+0.210%$895K$25K10xas long as short
Gate ZEC_USDT+0.0100%8h1,471.5+0.245%$51.3M$179.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.8+0.267%$231.9M$825.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,470.7+0.193%$104.8M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.8+0.265%$163.7M$292.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,471+0.212%$100.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,468.4+0.035%$571K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468.3+0.028%$3.0M$466K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.9+0.135%$430K$866K50xas long as short
StandX ZEC-USD+0.0100%1h1,470.6+0.184%$110K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470+0.143%$340K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,470.3+0.164%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.9+0.067%$458K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.4+0.304%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.3+0.228%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470.6+0.182%$2.5M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472+0.281%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,470.5+0.178%$3.2M$7.0M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,470.4+0.167%$56K$167K20x
Deribit ZEC_USDC-PERPETUAL+0.0190%1h1,471.3+0.234%$605K$1.3M25xas long as short
Lighter ZEC+0.0200%1h1,473.1+0.353%$19.2M$50.4M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,470.8+0.195%$852K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,473+0.344%$3.8M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0527%1h1,472.4+0.309%$2.5M$3.8M15xas long as short
Aftermath Perps ZECUSD+0.0772%1h1,471.3+0.235%$44K$47K10xas long as short
Lighter RH ZEC+0.0800%1h1,474+0.416%$2.0M$8.1M10xas long as short