ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.047%

Price spread now: dYdX against ApeX Omni+0.145%50s7-day average +0.162% · you sell dearer than you buy

Net, funding: paid 7d − costs+$17as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$970.969% of the position

Long on ApeX Omni Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+1.144%+$114 on $10k

Price spread, last 4 days (all we have)−0.290%−$29 · spread now +0.145%, 7d avg +0.162%

Together, before fees+0.853%+$85 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.162%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +1.144%, so the current rate has only just turned against you. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ZECUSDT	1,506	0.0100	pay 0.0013% / 1h	14m 07s	$414K	$953K	50x
Short	dYdX ZEC-USD	1,508.2	0	get 0.0000% / 1h	14m 07s	$416K	$34K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.145%Rate

Funding earned: −$21
Price spread: +0.145% → +0.162%: −$1.67
Slippage, 4 orders: −$76.87
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$119.54
Costs to cover: 0.969%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 20 min ago; dYdX: live order book, 20 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, 20 min ago	4.22 bp	10.0 bp −$10	31.5 bp −$315	doesn't fit	doesn't fit
Sell dYdX live order book, 20 min ago	31.50 bp	36.5 bp −$37	52.9 bp −$529	115.2 bp −$11.5K	127.2 bp −$63.6K

ZEC on 50 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	−0.3702%	1h	1,488.8	−1.139%	$36K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,508.4	+0.158%	$62K	$308K	10x	as long as short
Aftermath Perps ZECUSD	−0.0249%	1h	1,506.9	+0.061%	$48K	$58K	10x	as long as short
BloFin ZEC-USDT	−0.0166%	8h	1,509.1	+0.204%	$31.7M	$76.0M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,507.4	+0.095%	$6K	$1K	10x	as long as short
dYdX ZEC-USDshort	0.0000%	1h	1,508.2	+0.145%	$416K	$34K	5x
Kalshi KXZECPERP	0.0000%	8h	1,508.9	+0.195%	$1.6M	$5.0M	2.2x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,507.3	+0.088%	$5.4M	—	150x	as long as short
Kraken Futures PF_ZECUSD	+0.0019%	1h	1,507.7	+0.114%	$18.4M	$47.5M	25x	as long as short
01 Exchange ZECUSD	+0.0024%	1h	1,509.2	+0.214%	$8K	$6K	5x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix ZEC	+0.0082%	1h	1,506.9	+0.058%	$4.8M	$1.4M	10x	as long as short
Orderly PERP_ZEC_USDC	+0.0083%	8h	1,506.9	+0.060%	$304K	$860K	20x	as long as short
Gate ZEC_USDT	+0.0095%	8h	1,506.8	+0.056%	$61.0M	$188.1M	75x	as long as short
Lighter ZEC	+0.0096%	1h	1,508.6	+0.170%	$19.7M	$45.7M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,508.4	+0.157%	$2.1M	$7.6M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,509.1	+0.209%	$177K	$1.8M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,508.4	+0.161%	$62K	$16K	10x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,509.1	+0.207%	$16K	$877K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,508.2	+0.146%	$3.1M	$7.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,507.7	+0.113%	$791.6M	$447.3M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,506.7	+0.048%	$14.1M	$29.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,509	+0.201%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,507.3	+0.084%	$712.0M	$2.29B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,506.7	+0.047%	$273.8M	$611.2M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,507.1	+0.070%	$185.9M	$1.36B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,503	−0.199%	$409K	$545K	5x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,509.4	+0.227%	$596K	$8.8M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,508.1	+0.140%	$776K	$147K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,507.4	+0.092%	$406.8M	$843.2M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,507.4	+0.092%	$103.1M	$56.1M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,506.6	+0.041%	$163.4M	$291.1M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,507.2	+0.078%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,506.2	+0.014%	$49.8M	$35.6M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,505.7	−0.019%	$550K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,506.7	+0.044%	$3.1M	$549K	10x	as long as short
ApeX Omni ZECUSDTlong	+0.0100%	1h	1,506	long leg	$414K	$953K	50x
StandX ZEC-USD	+0.0100%	1h	1,509.7	+0.246%	$50K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,509.1	+0.207%	$375K	$1.6M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,507.7	+0.116%	$168K	$190K	20x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,510.8	+0.321%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,507.4	+0.094%	$258K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,508	+0.134%	$2.7M	$20.7M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,507.6	+0.104%	$4.0M	$4.8M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,507.6	+0.107%	$2.8M	$8.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,507.2	+0.082%	$43K	$157K	20x	as long as short
Backpack ZEC_USDC_PERP	+0.0144%	1h	1,507.5	+0.097%	$2.4M	$3.7M	15x	as long as short
RISEx ZEC/USDC	+0.0157%	1h	1,509.6	+0.243%	$969K	$1.1M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0164% / S −0.0171%	1h	1,506.9	+0.059%	$335K	—	100x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0258%	1h	1,508	+0.136%	$690K	$1.3M	25x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0368%	1h	1,512.3	+0.418%	$3.8M	$9.9M	50x	as long as short