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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.088%
Price spread now: Bitget against ApeX Omni+0.217%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs+$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$390.389% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.849%+$85 on $10k
Price spread, last 7 days−0.104%−$10 · spread now +0.217%, 7d avg +0.131%
Together, before fees+0.745%+$75 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: Bitget is 0.086% dearer against ApeX Omni than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.131%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZECUSDT1,459.40.0100pay 0.0013% / 1h16m 49s$410K$913K50x
ShortBitget ZECUSDT1,462.60.0100get 0.0100% / 8h5h 16m$162.6M$272.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
Price spread: +0.217% → +0.131%
$8.6
Slippage, 4 orders
−$16.88
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$30.28
Costs to cover
0.389%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 47 min ago; Bitget: live order book, 2 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, 47 min ago4.56 bp10.5 bp −$1134.5 bp −$345doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago0.03 bp7.5 bp −$810.9 bp −$10919.0 bp −$1,901doesn'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−0.3244%1h1,459.8+0.023%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0083%8h1,461+0.110%$29.3M$70.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,461.6+0.145%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,461.3+0.129%$412K$43K5xas long as short
Kalshi KXZECPERP0.0000%8h1,460+0.036%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,461.4+0.132%$84K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.9+0.099%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0049%8h1,460.8+0.092%$292K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,460.8+0.094%$410K100xas long as short
Phoenix ZEC+0.0074%1h1,461.9+0.171%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,460.7+0.088%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,461.4+0.131%$16K$866K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,461.6+0.146%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,461.6+0.148%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,464+0.313%$765.8M$430.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,462+0.175%$14.5M$28.1M75xas long as short
Pacifica ZEC+0.0100%1h1,463+0.241%$1.7M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,462.9+0.236%$670.0M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,462.4+0.202%$265.7M$604.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,462.9+0.239%$178.9M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,457.8−0.112%$396K$432K5xas long as short
Bulk ZEC-USD+0.0100%1h1,456.1−0.229%$882K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,462.4+0.199%$49.9M$174.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,462.2+0.189%$214.9M$778.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,461.9+0.166%$102.4M$55.6M75xas long as short
Bitget ZECUSDTshort+0.0100%8h1,462.6+0.217%$162.6M$272.9M75x
BingX ZEC-USDT+0.0100%8h1,462.4+0.199%$97.0Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,462.1+0.181%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,459−0.028%$47.7M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,458.7−0.050%$568K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,460.3+0.060%$3.0M$432K10xas long as short
ApeX Omni ZECUSDTlong+0.0100%1h1,459.4long leg$410K$913K50x
StandX ZEC-USD+0.0100%1h1,458.9−0.038%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,460.6+0.079%$332K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,461+0.105%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,459.6+0.012%$446K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,463.6+0.287%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,461+0.107%$233K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,459.9+0.032%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,460.8+0.096%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,461.8+0.161%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,460.4+0.067%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0152%1h1,461.5+0.138%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,461+0.107%$18.1M$44.5M25xas long as short
Lighter ZEC+0.0240%1h1,464.4+0.340%$19.2M$46.7M20xas long as short
Arcus ZEC-USD+0.0277%1h1,462.1+0.184%$705K$8.5M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0286%1h1,461.3+0.130%$614K$1.3M25xas long as short
Lighter RH ZEC+0.0376%1h1,464.4+0.341%$2.1M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,461.5+0.144%$836K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,462.7+0.222%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0696%1h1,460+0.038%$45K$49K10xas long as short