Funding you earn now, next payment 22:00 UTC−0.0035%/8h= −3.8% APRpaid last 24h +0.114%
Price spread now: Gate against ApeX Omni+0.062%66s7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs+$32as 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−$600.604% of the position
Funding, last 7 days+0.928%+$93 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now +0.062%, 7d avg +0.135%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.073% cheaper against ApeX Omni than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.135%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.928%, so the current rate has only just turned against you. The two prices were read 66 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 | 1,450.5 | 0.0100 | pay 0.0013% / 1h | 52m 28s | $705K | $604K | 50x |
| Short | Gate ZEC_USDT | 1,451.4 | 0.0065 | get 0.0065% / 8h | 2h 52m | $49.3M | $185.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7.35
- Price spread: +0.062% → +0.135%
- −$7.31
- Slippage, 4 orders
- −$35.39
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$75.05
- Costs to cover
- 0.604%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 36 min ago; Gate: live order book, 2 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, 36 min ago | 4.31 bp | 9.3 bp −$9 | 31.9 bp −$319 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.62 bp | 12.5 bp −$12 | 17.0 bp −$170 | 28.3 bp −$2,825 | 56.8 bp −$28.4K |
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 | −0.3476% | 1h | 1,437.6 | −0.889% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,453.9 | +0.231% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,453.2 | +0.185% | $17.6M | $44.7M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0067% | 8h | 1,453.9 | +0.232% | $29.0M | $75.8M | 75x | as long as short |
| Variational Omni ZEC | −0.0034% | 8h | 1,451.4 | +0.061% | $45.5M | $32.3M | — | as long as short |
| Bybit ZECUSDT | −0.0014% | 8h | 1,450.9 | +0.029% | $268.7M | $677.5M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,454.8 | +0.296% | $410K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,453.3 | +0.194% | $850K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,451.7 | +0.080% | $82K | $400K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,454.6 | +0.279% | $566K | $1.3M | 25x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,451.5 | +0.068% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0007% | 8h | 1,451.3 | +0.052% | $291K | $1.5M | 20x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0035% | 8h | 1,451.8 | +0.088% | $172.1M | $1.36B | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0039% / S +0.0063% | 1h | 1,451.4 | +0.060% | $539K | — | 100x | as long as short |
| Aster ZECUSDT | +0.0053% | 8h | 1,452.8 | +0.156% | $15.1M | $35.2M | 75x | as long as short |
| Gate ZEC_USDTshort | +0.0065% | 8h | 1,451.4 | +0.062% | $49.3M | $185.2M | 75x | |
| 01 Exchange ZECUSD | +0.0088% | 1h | 1,452.4 | +0.132% | $8K | $8K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,451.9 | +0.097% | $17K | $886K | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,451.9 | +0.093% | $177K | $2.0M | 50x | as long as short |
| MEXC ZEC_USDT | +0.0097% | 8h | 1,451.4 | +0.064% | $218.0M | $880.1M | 150x | as long as short |
| Binance ZECUSDT | +0.0099% | 8h | 1,451.4 | +0.058% | $658.3M | $2.55B | 75x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,452.9 | +0.166% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,452.9 | +0.162% | $3.0M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,452.3 | +0.123% | $750.9M | $492.8M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,454.4 | +0.269% | $1.6M | $3.1M | 10x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,449.8 | −0.049% | $393K | $522K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,454.9 | +0.302% | $896K | $37K | 10x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,452.4 | +0.130% | $103.6M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,451.4 | +0.061% | $161.8M | $317.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,451.9 | +0.094% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,454.8 | +0.296% | $2.3M | $4.2M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,453.8 | +0.228% | $488K | $9.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.9 | +0.166% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDTlong | +0.0100% | 1h | 1,450.5 | long leg | $705K | $604K | 50x | |
| StandX ZEC-USD | +0.0100% | 1h | 1,454.2 | +0.255% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,451.1 | +0.041% | $298K | $2.1M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,451.3 | +0.056% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,452.5 | +0.136% | $442K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,456.7 | +0.423% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,453.4 | +0.202% | $220K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,453 | +0.172% | $2.4M | $25.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,453.5 | +0.203% | $3.7M | $5.5M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.3 | +0.120% | $4.6M | $1.6M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,451.4 | +0.063% | $36K | $362K | 20x | as long as short |
| Lighter ZEC | +0.0144% | 1h | 1,455.3 | +0.333% | $18.8M | $53.6M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,453 | +0.170% | $862K | $2.5M | 10x | as long as short |
| Extended ZEC-USD | +0.0352% | 1h | 1,452.7 | +0.151% | $3.3M | $7.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,455.2 | +0.325% | $3.7M | $11.6M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0466% | 1h | 1,453.5 | +0.205% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,454.9 | +0.304% | $750K | $7.8M | 10x | as long as short |
| Lighter RH ZEC | +0.0672% | 1h | 1,456.8 | +0.430% | $1.9M | $8.4M | 10x | as long as short |
ApeX Omni ZECUSDT
Gate ZEC_USDT
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
Bybit ZECUSDT
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
OKX ZEC-USDT-SWAP
GMX ZEC/USD [WBTC.b-USDC]
Aster ZECUSDT
01 Exchange ZECUSD
Katana Perps ZEC-USD
Popdex ZECUSDT
MEXC ZEC_USDT
Binance ZECUSDT
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Pacifica ZEC
Bulk ZEC-USD
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Phoenix ZEC
Lighter ZEC
RISEx ZEC/USDC
Extended ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Lighter RH ZEC