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+0.0178%/8h= +19.5% APRpaid last 24h +0.016%
Price spread now: BingX against Ondo Perps−0.311%46s7-day average +0.052% · 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−0.252%−$25 on $10k
Price spread, last 4 days (all we have)+0.390%+$39 · spread now −0.311%, 7d avg +0.052%
Together, before fees+0.138%+ Points / potential airdropOndo Perps: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.364% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.311% now, against its 7-day average of +0.052%). If the spread goes back, that is −$36 on $10k: about 6.8 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.252%, so the current rate has only just turned in your favour. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,477.6−0.0078get 0.0010% / 1h45m 51s$400K$519K5x
ShortBingX ZEC-USDT1,4730.0100get 0.0100% / 8h6h 45m$100.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Ondo Perps. 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
$37.46
Price spread: −0.311% → +0.052%
−$36.37
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$13.9
Costs to cover
0.150%
Break-even
9.6 days
Slippage unknown: Ondo Perps: no order-book sample; BingX: live order book, 8 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 BingX live order book, 8 min ago0.10 bp5.1 bp −$56.7 bp −$6716.7 bp −$1,66736.9 bp −$18.4K
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−0.3678%1h1,477.5−0.005%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,474.6−0.204%$6K$1K10xas long as short
Ondo Perps ZEC-USD.Plong−0.0078%1h1,477.6long leg$400K$519K5x
Kraken Futures PF_ZECUSD−0.0002%1h1,474.7−0.193%$18.0M$43.4M25xas long as short
dYdX ZEC-USD0.0000%1h1,475.2−0.159%$415K$103K5xas long as short
Kalshi KXZECPERP0.0000%8h1,475.5−0.141%$960K$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,474.4−0.214%$84K$405K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,474.6−0.205%$5.2M150xas long as short
BloFin ZEC-USDT+0.0012%8h1,475.2−0.162%$29.6M$73.3M75xas long as short
Variational Omni ZEC+0.0016%8h1,474−0.243%$48.1M$33.4Mas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0026%8h1,474.2−0.227%$294K$1.1M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,474.5−0.210%$8K$9K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,474.4−0.214%$383K100xas long as short
Phoenix ZEC+0.0070%1h1,479.5+0.127%$4.7M$1.5M10xas long as short
Gate ZEC_USDT+0.0079%8h1,472.3−0.359%$50.1M$174.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0079%8h1,472.6−0.336%$181.2M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,474.9−0.183%$172K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,474.8−0.192%$14K$832K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,474.8−0.189%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,476−0.105%$2.7M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.3−0.291%$766.7M$449.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.5−0.344%$14.9M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,475.3−0.158%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.3−0.357%$682.3M$2.34B75xas long as short
Bybit ZECUSDT+0.0100%8h1,472.3−0.357%$271.7M$626.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.3−0.357%$219.1M$792.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.5−0.347%$103.6M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.6−0.338%$163.3M$286.5M75xas long as short
BingX ZEC-USDTshort+0.0100%8h1,473−0.311%$100.2M
edgeX ZECUSDC+0.0100%4h1,476.7−0.058%$575K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,476−0.111%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,475.5−0.139%$429K$905K50xas long as short
StandX ZEC-USD+0.0100%1h1,474.2−0.228%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,474.3−0.223%$342K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,474.4−0.214%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473−0.310%$459K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,476.7−0.062%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,474.4−0.215%$243K$3.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,474−0.244%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,475−0.173%$3.8M$5.2M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.6−0.200%$897K$17K10xas long as short
Extended ZEC-USD+0.0104%1h1,472.5−0.347%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,474.2−0.232%$51K$164K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0156%1h1,475.1−0.166%$607K$1.3M25xas long as short
Lighter RH ZEC+0.0208%1h1,476.3−0.087%$2.1M$7.0M10xas long as short
Arcus ZEC-USD+0.0254%1h1,476−0.108%$682K$8.7M10xas long as short
Lighter ZEC+0.0320%1h1,473.9−0.253%$19.2M$48.0M20xas long as short
RISEx ZEC/USDC+0.0374%1h1,475.1−0.168%$856K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,476.3−0.091%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0568%1h1,474.3−0.227%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0736%1h1,475.6−0.138%$44K$46K10xas long as short