ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.16 per $10,000 · paid last 24h +0.110%

Price spread now: Bullet against ApeX Omni+0.037%7-day average +0.164% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$460.461% of the position

Long on ApeX Omni Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.424%+$42 on $10k

Price spread, last 3 days (all we have)+0.290%+$29 · spread now +0.037%, 7d avg +0.164%

Together, before fees+0.714%+$71 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bullet is 0.128% cheaper against ApeX Omni than usual: you would sell low and buy high (spread +0.037% now, against its 7-day average of +0.164%). If the spread goes back, that is −$13 on $10k: about 3.4 days of funding at the current rate (+$4 a day). At the pace of the last 3 days (+0.424% in total) that is about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ZECUSDT	1,463.5	−0.0024	get 0.0003% / 1h	35m 13s	$430K	$820K	50x
Short	Bullet ZEC-USD	1,464	0.0100	get 0.0013% / 1h	35m 13s	$127K	$160K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BulletbpOrdersPrice spread, now +0.037%Rate

Funding earned: $26.11
Price spread: +0.037% → +0.164%: −$12.76
Slippage, 4 orders: −$28.13
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$32.78
Costs to cover: 0.461%
Break-even: 15.8 days

Slippage from ApeX Omni: live order book, 49 min ago; Bullet: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 49 min ago	2.89 bp	7.9 bp −$8	30.7 bp −$307	doesn't fit	doesn't fit
Sell Bullet live order book, 49 min ago	1.79 bp	6.2 bp −$6	9.3 bp −$93	doesn't fit	doesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3310%	1h	1,448.2	−1.041%	$33K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0405%	1h	1,463.9	+0.029%	$17.8M	$44.8M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0212%	1h	1,459.3	−0.286%	$396K	$518K	5x	as long as short
BloFin ZEC-USDT	−0.0089%	8h	1,463.7	+0.017%	$29.3M	$75.3M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,462.2	−0.090%	$6K	$2K	10x	as long as short
Bybit ZECUSDT	−0.0050%	8h	1,463.2	−0.023%	$271.0M	$673.1M	75x	as long as short
Variational Omni ZEC	−0.0025%	8h	1,460.9	−0.174%	$46.5M	$34.0M	—	as long as short
ApeX Omni ZECUSDTlong	−0.0024%	1h	1,463.5	long leg	$430K	$820K	50x
GMX ZEC/USD [WBTC.b-USDC]	L −0.0017% / S +0.0093%	1h	1,464.5	+0.069%	$541K	—	100x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,461.6	−0.128%	$412K	$106K	5x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXZECPERP	0.0000%	8h	1,462.8	−0.046%	$885K	$5.7M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,463.6	+0.010%	$83K	$404K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,464.7	+0.085%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0013%	8h	1,464	+0.035%	$292K	$1.5M	20x	as long as short
Bulk ZEC-USD	+0.0030%	1h	1,466	+0.173%	$905K	$27K	10x	as long as short
Gate ZEC_USDT	+0.0048%	8h	1,464.4	+0.059%	$50.0M	$184.8M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0049%	8h	1,463.5	+0.003%	$175.8M	$1.35B	50x	as long as short
01 Exchange ZECUSD	+0.0056%	1h	1,463.4	−0.009%	$8K	$8K	5x	as long as short
Phoenix ZEC	+0.0075%	1h	1,461.4	−0.145%	$4.6M	$1.6M	10x	as long as short
Lighter ZEC	+0.0096%	1h	1,465.4	+0.131%	$19.0M	$52.5M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,462.9	−0.040%	$173K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0096%	8h	1,463	−0.034%	$14K	$862K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,462.4	−0.071%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,462.8	−0.047%	$2.5M	$6.9M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,464.2	+0.049%	$758.9M	$484.8M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,463.8	+0.023%	$15.6M	$33.3M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,463.2	−0.016%	$1.7M	$3.0M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,464	+0.038%	$674.7M	$2.50B	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,463.9	+0.031%	$223.2M	$860.7M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,463.8	+0.021%	$103.7M	$56.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,463.5	+0.004%	$161.9M	$306.8M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,463.5	−0.001%	—	$103.3M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,461.4	−0.144%	$509K	$9.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,462.2	−0.087%	$3.0M	$481K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,462.8	−0.046%	$109K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,463.1	−0.026%	$343K	$1.9M	10x	as long as short
Bullet ZEC-USDshort	+0.0100%	1h	1,464	+0.037%	$127K	$160K	20x
Derive ZEC-PERP	+0.0100%	1h	1,462.3	−0.079%	$447K	$502K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,466	+0.171%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,463.8	+0.021%	$222K	$4.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,463.4	−0.005%	$2.5M	$24.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,464.1	+0.042%	$3.8M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,464.1	+0.044%	$3.2M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,463.9	+0.029%	$36K	$367K	20x	as long as short
Backpack ZEC_USDC_PERP	+0.0187%	1h	1,464.3	+0.056%	$2.3M	$3.8M	15x	as long as short
RISEx ZEC/USDC	+0.0190%	1h	1,463.3	−0.011%	$841K	$1.7M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0246%	1h	1,464.8	+0.090%	$596K	$1.3M	25x	as long as short
Lighter RH ZEC	+0.0384%	1h	1,465.9	+0.167%	$2.0M	$8.2M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0424%	1h	1,465.6	+0.147%	$3.7M	$11.6M	50x	as long as short
Arcus ZEC-USD	+0.0444%	1h	1,464	+0.034%	$742K	$8.1M	10x	as long as short
Aftermath Perps ZECUSD	+0.0542%	1h	1,464.9	+0.100%	$40K	$34K	10x	as long as short