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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.093%
Price spread now: ApeX Omni against Aevo+0.015%50s7-day average −0.151% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$660.656% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.086%−$109 on $10k
Price spread, last 4 days (all we have)−0.660%−$66 · spread now +0.015%, 7d avg −0.151%
Together, before fees−1.746%−$175 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: ApeX Omni is 0.166% dearer against Aevo than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.151%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,446.50.0104pay 0.0013% / 1h47m 39s$47K$151K20x
ShortApeX Omni ZECUSDT1,446.80.0100get 0.0013% / 1h47m 39s$402K$920K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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
−$0.84
Price spread: +0.015% → −0.151%
$16.6
Slippage, 4 orders
−$39.62
Fee Aevo: 8 bp × 2 orders
−$16
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$49.85
Costs to cover
0.656%
Break-even
never at this rate
Slippage from Aevo: live order book, 11 min ago; ApeX Omni: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 11 min ago11.97 bp21.3 bp −$2126.2 bp −$262doesn't fitdoesn't fit
Sell ApeX Omni live order book, 11 min ago1.59 bp9.7 bp −$1033.2 bp −$332doesn't fitdoesn't fit

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−0.3166%1h1,448+0.099%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,447.6+0.074%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0074%8h1,446.4−0.006%$29.1M$70.3M75xas long as short
dYdX ZEC-USD0.0000%1h1,447+0.030%$407K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,447.7+0.080%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,447.4+0.061%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,447.8+0.085%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0058%8h1,447.3+0.050%$290K$958K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0064% / S −0.0015%1h1,447.5+0.069%$407K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,448.1+0.111%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,447.9+0.094%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,447.3+0.052%$10K$874K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,447.4+0.063%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,447.7+0.084%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,448.3+0.122%$753.2M$434.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,447.4+0.061%$14.4M$27.7M75xas long as short
Pacifica ZEC+0.0100%1h1,447.5+0.064%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,448.1+0.108%$664.2M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,447.4+0.062%$261.1M$602.5M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,448+0.100%$176.8M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,445.7−0.058%$394K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,449.4+0.201%$876K$23K10xas long as short
Gate ZEC_USDT+0.0100%8h1,447.7+0.081%$50.1M$172.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,447.5+0.068%$214.8M$768.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,447.6+0.072%$101.9M$54.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,448+0.100%$164.4M$273.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,447+0.029%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,447.9+0.091%$2.5M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,447.2+0.043%$47.4M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,446.4−0.006%$563K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,447.7+0.081%$3.0M$437K10xas long as short
ApeX Omni ZECUSDTshort+0.0100%1h1,446.8+0.015%$402K$920K50x
StandX ZEC-USD+0.0100%1h1,448.1+0.105%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,447.5+0.067%$364K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,447.8+0.089%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,446.2−0.023%$441K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,450.7+0.286%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,447.1+0.038%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,446.4−0.013%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,447.4+0.058%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,447.5+0.070%$2.8M$7.7M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,446.5long leg$47K$151K20x
Phoenix ZEC+0.0123%1h1,448.9+0.164%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0259%1h1,447.8+0.090%$608K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0279%1h1,447+0.034%$17.9M$44.9M25xas long as short
Lighter ZEC+0.0368%1h1,448.7+0.151%$19.0M$45.9M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,448.1+0.110%$931K$1.1M10xas long as short
Lighter RH ZEC+0.0424%1h1,449+0.171%$2.0M$6.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,449.3+0.193%$3.8M$9.0M50xas long as short
Arcus ZEC-USD+0.0626%1h1,449.7+0.217%$737K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0671%1h1,448.7+0.151%$44K$49K10xas long as short