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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.087%
Price spread now: Aevo against ApeX Omni+0.449%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs+$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$540.538% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.085%+$108 on $10k
Price spread, last 4 days (all we have)+0.537%+$54 · spread now +0.449%, 7d avg +0.146%
Together, before fees+1.621%+$162 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: Aevo is 0.303% dearer against ApeX Omni than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of +0.146%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZECUSDT1,472.90.0100pay 0.0013% / 1h22m 49s$407K$926K50x
ShortAevo ZEC-PERP1,479.60.0104get 0.0013% / 1h22m 49s$45K$153K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against ApeX Omni. 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: +0.449% → +0.146%
$30.35
Slippage, 4 orders
−$27.78
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$22.6
Costs to cover
0.538%
Break-even
195.3 days
Slippage from ApeX Omni: live order book, 26 min ago; Aevo: live order book, 26 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 ApeX Omni live order book, 26 min ago3.95 bp9.0 bp −$934.6 bp −$346doesn't fitdoesn't fit
Sell Aevo live order book, 26 min ago3.44 bp16.6 bp −$1721.3 bp −$21329.9 bp −$2,988doesn'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−0.3243%1h1,461.8−0.757%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0098%8h1,482.6+0.659%$30.1M$71.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,479.5+0.445%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,482.4+0.643%$412K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,480.5+0.515%$1.6M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,479.1+0.420%$85K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0007%1h1,479.5+0.444%$5.3M150xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0050%1h1,480.3+0.497%$629K$1.3M25xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,479.3+0.434%$296K$896K20xas long as short
01 Exchange ZECUSD+0.0064%1h1,480.1+0.483%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,475.1+0.147%$4.7M$1.3M10xas long as short
Bybit ZECUSDT+0.0093%8h1,483+0.686%$264.2M$598.6M75xas long as short
Popdex ZECUSDT+0.0096%1h1,479.7+0.462%$174K$1.6M50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0100% / S −0.0054%1h1,479.3+0.430%$441K100xas long as short
Katana Perps ZEC-USD+0.0100%8h1,479.3+0.433%$11K$824K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,479.3+0.435%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,479.9+0.470%$2.9M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,481.3+0.568%$773.0M$422.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,482.4+0.642%$14.6M$28.2M75xas long as short
Pacifica ZEC+0.0100%1h1,479.9+0.475%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,482.4+0.646%$688.1M$2.18B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,484.8+0.804%$180.1M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,474.6+0.113%$400K$433K5xas long as short
Bulk ZEC-USD+0.0100%1h1,472.4−0.035%$889K$15K10xas long as short
Gate ZEC_USDT+0.0100%8h1,481.1+0.551%$53.7M$172.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,481.6+0.588%$228.6M$766.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,481.8+0.605%$105.6M$53.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,480.8+0.531%$167.0M$269.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,480.4+0.505%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,473.7+0.051%$48.3M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,475+0.140%$556K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,477.9+0.340%$3.0M$462K10xas long as short
ApeX Omni ZECUSDTlong+0.0100%1h1,472.9long leg$407K$926K50x
StandX ZEC-USD+0.0100%1h1,479.1+0.422%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,479.5+0.446%$365K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,479.4+0.441%$163K$183K20xas long as short
Derive ZEC-PERP+0.0100%1h1,478.6+0.386%$451K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,481.6+0.590%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,480.1+0.489%$245K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,481+0.548%$2.5M$18.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,481.5+0.580%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,481.4+0.577%$2.8M$7.8M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,479.6+0.449%$45K$153K20x
Lighter RH ZEC+0.0120%1h1,484.2+0.767%$2.1M$7.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0145%1h1,480.1+0.484%$18.1M$45.7M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,479.9+0.476%$934K$1.1M10xas long as short
Lighter ZEC+0.0192%1h1,483.9+0.743%$19.6M$44.1M20xas long as short
Backpack ZEC_USDC_PERP+0.0393%1h1,482.5+0.648%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,482.2+0.632%$3.7M$9.3M50xas long as short
Arcus ZEC-USD+0.0508%1h1,480.9+0.539%$655K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0707%1h1,476+0.209%$45K$49K10xas long as short