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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.070%
Price spread now: GRVT against ApeX Omni−0.046%7-day average +0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs+$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$350.352% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.175%+$117 on $10k
Price spread, last 7 days+0.102%+$10 · spread now −0.046%, 7d avg +0.132%
Together, before fees+1.277%+ Points / potential airdropGRVT: Active · farm board+$128 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: GRVT is 0.178% cheaper against ApeX Omni than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.132%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZECUSDT1,504.40.0100pay 0.0013% / 1h58m 09s$411K$948K50x
ShortGRVT ZEC_USDT_Perp1,503.70.0100get 0.0100% / 8h5h 58m$3.1M$586K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
Price spread: −0.046% → +0.132%
−$17.8
Slippage, 4 orders
−$16.25
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$53.04
Costs to cover
0.352%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 54 min ago; GRVT: live order book, 4 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, 54 min ago5.79 bp10.8 bp −$1129.3 bp −$293doesn't fitdoesn't fit
Sell GRVT live order book, 4 min ago1.76 bp7.2 bp −$710.9 bp −$109doesn't fitdoesn't fit

ZEC on 50 exchanges

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−0.4130%1h1,480−1.621%$36K$267K12xas long as short
Ondo Perps ZEC-USD.P−0.0211%1h1,504.1−0.018%$408K$499K5xas long as short
BloFin ZEC-USDT−0.0190%8h1,505+0.039%$31.9M$73.6M75xas long as short
Aftermath Perps ZECUSD−0.0098%1h1,504−0.025%$46K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,503.6−0.051%$6K$1K10xas long as short
Kalshi KXZECPERP0.0000%8h1,505.2+0.055%$1.5M$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,503.5−0.057%$63K$300K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,503.8−0.037%$5.4M150xas long as short
01 Exchange ZECUSD+0.0024%1h1,504.3−0.007%$8K$6K5xas long as short
RISEx ZEC/USDC+0.0032%1h1,504.1−0.018%$909K$1.3M10xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0072%8h1,503.2−0.080%$303K$856K20xas long as short
Lighter ZEC+0.0096%1h1,506+0.110%$20.0M$38.9M20xas long as short
Lighter RH ZEC+0.0096%1h1,506.3+0.130%$2.0M$7.0M10xas long as short
Popdex ZECUSDT+0.0096%1h1,503.9−0.031%$170K$1.5M50xas long as short
Kraken Futures PF_ZECUSD+0.0099%1h1,504.8+0.028%$18.5M$46.2M25xas long as short
Aster ZECUSDT+0.0099%8h1,504.6+0.013%$14.1M$26.9M75xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,504.1−0.021%$62K$14K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,503.3−0.073%$25K$880K10xas long as short
Nado ZEC-PERP+0.0100%1h1,504.6+0.018%$3.1M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,506.1+0.115%$790.1M$431.6M10xas long as short
Pacifica ZEC+0.0100%1h1,505.6+0.083%$1.7M$1.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,504.9+0.038%$708.2M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,505.1+0.049%$276.3M$589.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,505.2+0.053%$185.8M$1.31B50xas long as short
Arcus ZEC-USD+0.0100%1h1,505+0.043%$592K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,504.2−0.015%$780K$158K10xas long as short
Gate ZEC_USDT+0.0100%8h1,505.4+0.068%$62.9M$170.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,504.9+0.037%$178.0M$821.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,505.3+0.062%$105.5M$53.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,505.4+0.068%$164.3M$280.4M75xas long as short
BingX ZEC-USDC+0.0100%8h1,504.2−0.009%$6.6Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,505.3+0.059%$2.2M$3.7M15xas long as short
Variational Omni ZEC+0.0100%8h1,503.5−0.060%$49.4M$34.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,503.8−0.040%$549K$8.7M20xas long as short
GRVT ZEC_USDT_Perpshort+0.0100%8h1,503.7−0.046%$3.1M$586K10x
ApeX Omni ZECUSDTlong+0.0100%1h1,504.4long leg$411K$948K50x
StandX ZEC-USD+0.0100%1h1,505.1+0.049%$112K$4.5M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,503.7−0.045%$371K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,503.7−0.045%$167K$188K20xas long as short
SunX ZEC-USDT+0.0100%8h1,505.8+0.093%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,503.6−0.049%$257K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,503.9−0.029%$2.7M$20.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,504.9+0.035%$4.0M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,503.6−0.049%$2.7M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,503.8−0.041%$37K$163K20xas long as short
Phoenix ZEC+0.0139%1h1,503.9−0.035%$4.8M$1.3M10xas long as short
dYdX ZEC-USD+0.0144%1h1,504.1−0.019%$414K$37K5xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0160%1h1,504.3−0.003%$685K$1.3M25xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0184% / S −0.0195%1h1,504.40.000%$350K100xas long as short
Coinbase International ZEC-PERP-INTX+0.0352%1h1,505.8+0.097%$3.9M$9.5M50xas long as short