ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.03 per $10,000 · paid last 24h +0.088%

Price spread now: gTrade (Gains Network) against ApeX Omni+0.029%7-day average +0.163% · 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−$316as in the Price arb table

costs, in and out, $10k−$3033.027% of the position

Long on ApeX Omni Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.332%+$33 on $10k

Price spread, last 3 days (all we have)+0.173%+$17 · spread now +0.029%, 7d avg +0.163%

Together, before fees+0.505%+$51 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.134% cheaper against ApeX Omni than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.163%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.332%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ZECUSDT	1,462.7	0.0029	pay 0.0004% / 1h	31m 01s	$429K	$821K	50x
Short	gTrade (Gains Network) ZEC/USD	1,463.1	L +0.0007% / S −0.0006%	get 0.0001% / 1h	31m 01s	$5.2M	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.029%Rate

Funding earned: −$4.86
Price spread: +0.029% → +0.163%: −$13.37
Slippage, 4 orders: −$282.73
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$320.96
Costs to cover: 3.027%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 53 min ago; gTrade (Gains Network): virtual book (oracle venue), 3 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, 53 min ago	2.89 bp	7.9 bp −$8	30.7 bp −$307	doesn't fit	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 3 min ago	130.03 bp	135.0 bp −$135	584.7 bp −$5,847	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	1,463.8	+0.078%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0405%	1h	1,461.9	−0.056%	$17.8M	$45.0M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0216%	1h	1,460.2	−0.171%	$397K	$518K	5x	as long as short
BloFin ZEC-USDT	−0.0094%	8h	1,461.9	−0.052%	$29.2M	$75.3M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,463.4	+0.051%	$6K	$2K	10x	as long as short
Bybit ZECUSDT	−0.0053%	8h	1,461.2	−0.103%	$270.8M	$673.3M	75x	as long as short
Variational Omni ZEC	−0.0025%	8h	1,460.9	−0.121%	$46.5M	$34.0M	—	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L −0.0017% / S +0.0093%	1h	1,463.3	+0.040%	$541K	—	100x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,464.1	+0.098%	$412K	$106K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,464.3	+0.106%	$884K	$5.7M	2.2x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl ZEC	0.0000%	43m	1,463.6	+0.062%	$83K	$404K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,462.6	−0.004%	$595K	$1.3M	25x	as long as short
gTrade (Gains Network) ZEC/USDshort	L +0.0007% / S −0.0006%	1h	1,463.1	+0.029%	$5.2M	—	150x
Orderly PERP_ZEC_USDC	+0.0013%	8h	1,462	−0.049%	$292K	$1.5M	20x	as long as short
ApeX Omni ZECUSDTlong	+0.0029%	1h	1,462.7	long leg	$429K	$821K	50x
Bulk ZEC-USD	+0.0030%	1h	1,466	+0.227%	$905K	$27K	10x	as long as short
Gate ZEC_USDT	+0.0047%	8h	1,462.2	−0.033%	$49.8M	$185.3M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0048%	8h	1,461.7	−0.066%	$176.1M	$1.35B	50x	as long as short
01 Exchange ZECUSD	+0.0056%	1h	1,464.3	+0.110%	$8K	$8K	5x	as long as short
Phoenix ZEC	+0.0075%	1h	1,464	+0.086%	$4.6M	$1.6M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,463.8	+0.072%	$173K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0096%	8h	1,464.1	+0.094%	$14K	$862K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,463.1	+0.029%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,463.7	+0.066%	$2.5M	$6.9M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,462.8	+0.007%	$758.3M	$485.1M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,462.4	−0.021%	$15.6M	$33.2M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,463.8	+0.074%	$1.7M	$3.0M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,461.8	−0.064%	$673.6M	$2.49B	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,462.2	−0.038%	$222.8M	$862.9M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,463.2	+0.031%	$103.6M	$56.1M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,462.1	−0.042%	$161.8M	$306.4M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,462.6	−0.010%	—	$103.1M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,462.1	−0.040%	$510K	$9.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,463.6	+0.062%	$3.0M	$481K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,463.9	+0.082%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,463.5	+0.055%	$344K	$1.9M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,463.2	+0.034%	$127K	$160K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,460.4	−0.156%	$446K	$502K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,464.1	+0.094%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,461.9	−0.055%	$222K	$4.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,461.2	−0.105%	$2.5M	$24.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,463.1	+0.024%	$3.8M	$5.3M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,462.2	−0.034%	$3.2M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,462.9	+0.017%	$36K	$367K	20x	as long as short
Lighter ZEC	+0.0112%	1h	1,463.9	+0.083%	$18.9M	$52.6M	20x	as long as short
Backpack ZEC_USDC_PERP	+0.0186%	1h	1,462.9	+0.015%	$2.3M	$3.8M	15x	as long as short
RISEx ZEC/USDC	+0.0190%	1h	1,464.1	+0.095%	$842K	$1.4M	10x	as long as short
Lighter RH ZEC	+0.0384%	1h	1,464.4	+0.115%	$2.0M	$8.3M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0424%	1h	1,465.1	+0.166%	$3.7M	$11.6M	50x	as long as short
Arcus ZEC-USD	+0.0444%	1h	1,465.2	+0.174%	$738K	$8.2M	10x	as long as short
Aftermath Perps ZECUSD	+0.0553%	1h	1,464.6	+0.129%	$40K	$34K	10x	as long as short