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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.085%
Price spread now: Extended against ApeX Omni+0.243%52s7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs+$73as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.384% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.111%+$111 on $10k
Price spread, last 7 days−0.285%−$29 · spread now +0.243%, 7d avg +0.098%
Together, before fees+0.826%+ Points / potential airdropExtended: Active · farm board+$83 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: Extended is 0.145% dearer against ApeX Omni than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.098%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZECUSDT1,504.90.0100pay 0.0013% / 1h22m 41s$413K$952K50x
ShortExtended ZEC-USD1,508.60.0104get 0.0013% / 1h22m 41s$2.8M$8.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: +0.243% → +0.098%
$14.53
Slippage, 4 orders
−$23.43
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$23.07
Costs to cover
0.384%
Break-even
199.2 days
Slippage from ApeX Omni: live order book, 11 min ago; Extended: live order book, 1 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, 11 min ago4.22 bp10.0 bp −$1031.5 bp −$315doesn't fitdoesn't fit
Sell Extended live order book, 1 min ago1.82 bp7.5 bp −$711.7 bp −$11759.2 bp −$5,924doesn'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−0.3702%1h1,488.8−1.070%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,510+0.333%$62K$304K10xas long as short
Aftermath Perps ZECUSD−0.0225%1h1,506.9+0.129%$48K$58K10xas long as short
BloFin ZEC-USDT−0.0167%8h1,510+0.336%$31.8M$76.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,508.8+0.255%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,509.6+0.312%$418K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,510.6+0.377%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,510.4+0.365%$5.4M150xas long as short
Kraken Futures PF_ZECUSD+0.0019%1h1,510.5+0.369%$18.4M$47.5M25xas long as short
01 Exchange ZECUSD+0.0024%1h1,510.3+0.353%$8K$6K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0082%1h1,509.5+0.300%$4.8M$1.4M10xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,510+0.336%$305K$860K20xas long as short
Gate ZEC_USDT+0.0090%8h1,508.6+0.241%$61.0M$186.9M75xas long as short
Lighter ZEC+0.0096%1h1,510.4+0.363%$19.5M$45.3M20xas long as short
Lighter RH ZEC+0.0096%1h1,510.6+0.373%$2.1M$7.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,510.5+0.369%$172K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,508.1+0.211%$16K$895K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,508.5+0.235%$62K$16K10xas long as short
Nado ZEC-PERP+0.0100%1h1,509.5+0.305%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,509.7+0.316%$789.5M$441.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,509+0.268%$14.2M$30.1M75xas long as short
Pacifica ZEC+0.0100%1h1,509.1+0.277%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,509.2+0.281%$712.0M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,507.9+0.194%$271.8M$617.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,508.4+0.230%$184.7M$1.37B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,508.6+0.243%$409K$547K5xas long as short
Arcus ZEC-USD+0.0100%1h1,509.6+0.313%$596K$8.9M10xas long as short
Bulk ZEC-USD+0.0100%1h1,503.8−0.078%$774K$147K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,508.8+0.254%$407.9M$839.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,509.2+0.284%$103.4M$56.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,509+0.268%$163.6M$294.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,508.3+0.226%$120.0Mas long as short
Variational Omni ZEC+0.0100%8h1,506.5+0.100%$49.9M$35.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,508.4+0.233%$557K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,508.2+0.220%$3.1M$541K10xas long as short
ApeX Omni ZECUSDTlong+0.0100%1h1,504.9long leg$413K$952K50x
StandX ZEC-USD+0.0100%1h1,509.5+0.302%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,510.7+0.383%$375K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,510.4+0.361%$169K$192K20xas long as short
Derive ZEC-PERP+0.0100%1h1,502−0.194%$449K$419K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,512.3+0.487%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,510.4+0.362%$255K$3.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,509.7+0.319%$2.7M$21.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,510.5+0.372%$4.0M$4.9M50xas long as short
Extended ZEC-USDshort+0.0104%1h1,508.6+0.243%$2.8M$8.0M10x
Aevo ZEC-PERP+0.0104%1h1,510.3+0.359%$45K$153K20xas long as short
RISEx ZEC/USDC+0.0157%1h1,508.5+0.237%$953K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0162% / S −0.0167%1h1,510.1+0.343%$335K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0184%1h1,511.4+0.427%$692K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0209%1h1,510.9+0.393%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,510.1+0.345%$3.8M$10.0M50xas long as short