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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.095%
Price spread now: Bulk against ApeX Omni+0.188%7-day average +0.165% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$420.423% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.479%+$48 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.188%, 7d avg +0.165%
Together, before fees+0.502%+$50 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: Bulk is 0.023% dearer against ApeX Omni than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.165%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZECUSDT1,452.20.0100pay 0.0013% / 1h44m 45s$706K$606K50x
ShortBulk ZEC-USD1,4550.0100get 0.0013% / 1h44m 45s$896K$37K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: +0.188% → +0.165%
$2.25
Slippage, 4 orders
−$25.33
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$40.08
Costs to cover
0.423%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 44 min ago; Bulk: live order book, 44 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, 44 min ago4.31 bp9.3 bp −$931.9 bp −$319doesn't fitdoesn't fit
Sell Bulk live order book, 44 min ago0.07 bp3.6 bp −$43.9 bp −$398.6 bp −$85818.5 bp −$9,234

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−0.3476%1h1,437.8−0.993%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,451.9−0.025%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,451.8−0.027%$17.6M$44.3M25xas long as short
BloFin ZEC-USDT−0.0066%8h1,451.8−0.028%$28.9M$74.9M75xas long as short
Variational Omni ZEC−0.0019%8h1,451.4−0.058%$45.7M$32.0Mas long as short
Bybit ZECUSDT−0.0008%8h1,451.8−0.028%$268.8M$675.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.8−0.029%$409K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,451.9−0.021%$845K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,451.3−0.066%$82K$401K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,451.9−0.026%$5.1M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0010%8h1,452.6+0.024%$291K$1.5M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0025%1h1,453.2+0.068%$566K$1.3M25xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0036% / S +0.0066%1h1,451.7−0.039%$543K100xas long as short
OKX ZEC-USDT-SWAP+0.0043%8h1,452.6+0.023%$171.8M$1.36B50xas long as short
Aster ZECUSDT+0.0061%8h1,451.9−0.019%$15.3M$35.1M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,451.6−0.042%$8K$8K5xas long as short
Gate ZEC_USDT+0.0065%8h1,452.4+0.010%$49.1M$185.7M75xas long as short
Ondo Perps ZEC-USD.P+0.0082%1h1,452.8+0.039%$394K$518K5xas long as short
Katana Perps ZEC-USD+0.0095%8h1,452−0.016%$17K$878K10xas long as short
Lighter ZEC+0.0096%1h1,453.6+0.097%$18.7M$53.9M20xas long as short
Popdex ZECUSDT+0.0096%1h1,451.5−0.052%$177K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,451.6−0.046%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,451.8−0.033%$3.0M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,453.4+0.081%$751.6M$495.1M10xas long as short
Pacifica ZEC+0.0100%1h1,451.6−0.043%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,452.6+0.027%$658.7M$2.53B75xas long as short
Bulk ZEC-USDshort+0.0100%1h1,455+0.188%$896K$37K10x
MEXC ZEC_USDT+0.0100%8h1,452.7+0.032%$219.4M$883.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,452.5+0.020%$103.7M$56.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,452.5+0.021%$161.8M$314.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,451.4−0.057%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,452.4+0.012%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,453.5+0.091%$487K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,452.3+0.004%$3.0M$501K10xas long as short
ApeX Omni ZECUSDTlong+0.0100%1h1,452.2long leg$706K$606K50x
StandX ZEC-USD+0.0100%1h1,452.4+0.012%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451.2−0.071%$298K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,451.6−0.044%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451.3−0.066%$441K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,454.4+0.146%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.1−0.012%$219K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,452.5+0.019%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,451.6−0.043%$3.7M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,452.8+0.042%$4.6M$1.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,452.7+0.033%$36K$362K20xas long as short
Extended ZEC-USD+0.0192%1h1,452.6+0.023%$3.3M$7.0M10xas long as short
RISEx ZEC/USDC+0.0219%1h1,452.1−0.011%$862K$2.5M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,454.1+0.129%$3.7M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0451%1h1,453.2+0.068%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,454.1+0.132%$754K$7.8M10xas long as short
Lighter RH ZEC+0.0736%1h1,455.2+0.202%$1.9M$8.4M10xas long as short