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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0077%/8h= −8.4% APRpaid last 24h −0.030%
Price spread now: BloFin against Ondo Perps−0.178%7-day average +0.063% · 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−0.407%−$41 on $10k
Price spread, last 4 days (all we have)+0.469%+$47 · spread now −0.178%, 7d avg +0.063%
Together, before fees+0.063%+ Points / potential airdropOndo Perps: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.241% cheaper against Ondo Perps than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.063%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,505.6−0.0123get 0.0015% / 1h6m 08s$408K$498K5x
ShortBloFin ZEC-USDT1,502.9−0.0200pay 0.0200% / 8h5h 06m$31.8M$72.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$16.13
Price spread: −0.178% → +0.063%
−$24.14
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$57.27
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; BloFin: live order book, 6 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 BloFin live order book, 6 min ago0.03 bp7.8 bp −$89.3 bp −$9313.0 bp −$1,300doesn'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 exchanges

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−0.4130%1h1,487.6−1.193%$36K$267K12xas long as short
Aftermath Perps ZECUSD−0.0277%1h1,504.7−0.061%$49K$74K10xas long as short
BloFin ZEC-USDTshort−0.0200%8h1,502.9−0.178%$31.8M$72.2M75x
Ondo Perps ZEC-USD.Plong−0.0123%1h1,505.6long leg$408K$498K5x
Hotstuff ZEC-PERP−0.0080%1h1,503.1−0.165%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,502.8−0.183%$414K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,503.3−0.154%$1.5M$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,503.5−0.141%$63K$298K10xas long as short
ApeX Omni ZECUSDT+0.0002%1h1,504.7−0.058%$412K$951K50xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,501.8−0.251%$5.3M150xas long as short
Show all 51 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0032%1h1,503.9−0.111%$8K$6K5xas long as short
RISEx ZEC/USDC+0.0032%1h1,503.5−0.141%$894K$1.3M10xas long as short
Phoenix ZEC+0.0060%1h1,505.60.000%$4.8M$1.3M10xas long as short
Orderly PERP_ZEC_USDC+0.0061%8h1,502.2−0.224%$303K$715K20xas long as short
Aster ZECUSDT+0.0085%8h1,502.2−0.228%$14.4M$26.0M75xas long as short
Lighter ZEC+0.0096%1h1,503.3−0.150%$19.9M$39.9M20xas long as short
Lighter RH ZEC+0.0096%1h1,503.3−0.154%$2.1M$7.2M10xas long as short
Popdex ZECUSDT+0.0096%1h1,503.1−0.165%$170K$1.3M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,503.4−0.144%$27K$859K10xas long as short
Kraken Futures PF_ZECUSD+0.0099%1h1,502.9−0.181%$18.6M$45.4M25xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,503.3−0.150%$62K$14K10xas long as short
Nado ZEC-PERP+0.0100%1h1,503.1−0.167%$3.1M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,502.6−0.199%$792.7M$420.7M10xas long as short
Pacifica ZEC+0.0100%1h1,503.3−0.155%$1.6M$2.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,502.2−0.225%$703.6M$2.13B75xas long as short
Bybit ZECUSDT+0.0100%8h1,501.3−0.284%$274.7M$578.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,501.6−0.266%$186.8M$1.26B50xas long as short
Arcus ZEC-USD+0.0100%1h1,504−0.103%$598K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,506.6+0.064%$780K$182K10xas long as short
Gate ZEC_USDT+0.0100%8h1,501.9−0.244%$64.1M$175.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,502.1−0.232%$179.8M$844.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,502.2−0.227%$105.7M$51.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,501.8−0.252%$164.0M$270.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,502.3−0.220%$6.6Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,502.3−0.222%$2.2M$3.7M15xas long as short
Variational Omni ZEC+0.0100%8h1,505.7+0.005%$49.6M$33.0Mas long as short
edgeX ZECUSDC+0.0100%4h1,504.8−0.055%$550K$8.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,506.8+0.079%$3.1M$635K10xas long as short
StandX ZEC-USD+0.0100%1h1,503.5−0.138%$112K$4.5M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,502.4−0.213%$368K$1.4M10xas long as short
Bullet ZEC-USD+0.0100%1h1,502.5−0.204%$168K$189K20xas long as short
Derive ZEC-PERP+0.0100%1h1,503.9−0.110%$393K$492K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,504.7−0.063%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,502.3−0.219%$257K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,501.2−0.290%$2.7M$20.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,502.7−0.190%$4.0M$4.7M50xas long as short
Extended ZEC-USD+0.0104%1h1,502.2−0.225%$2.7M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,502.1−0.235%$37K$163K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0132%1h1,502.9−0.177%$693K$1.3M25xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0199% / S −0.0218%1h1,502.5−0.205%$349K100xas long as short
Coinbase International ZEC-PERP-INTX+0.0352%1h1,504.4−0.077%$3.9M$9.2M50xas long as short