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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0180%/8h= −19.7% APRnext payment $0.23 per $10,000 · paid last 24h +0.032%
Price spread now: Hotstuff against ApeX Omni−0.169%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.169% cheaper against ApeX Omni than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZECUSDT1,491.80.0100pay 0.0013% / 1h58m 38s$411K$943K50x
ShortHotstuff ZEC-PERP1,489.3−0.0080pay 0.0010% / 1h58m 38s$6K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$37.8
Price spread: −0.169% → 0.000%
−$16.89
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$69.69
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 45 min ago; Hotstuff: no order-book sample. Net counts fees only.

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, 45 min ago4.76 bp10.5 bp −$1132.7 bp −$327doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3442%1h1,481−0.727%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,490.3−0.099%$61K$304K10xas long as short
BloFin ZEC-USDT−0.0144%8h1,491.3−0.038%$30.8M$75.0M75xas long as short
Ondo Perps ZEC-USD.P−0.0085%1h1,490.3−0.102%$407K$552K5xas long as short
Hotstuff ZEC-PERPshort−0.0080%1h1,489.3−0.169%$6K$1K10x
Aftermath Perps ZECUSD−0.0019%1h1,493+0.078%$48K$64K10xas long as short
dYdX ZEC-USD0.0000%1h1,490.4−0.097%$414K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,491.3−0.038%$1.5M$4.7M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,491.5−0.019%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,491.7−0.010%$18.1M$46.5M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL+0.0062%1h1,492.1+0.016%$681K$1.4M25xas long as short
Orderly PERP_ZEC_USDC+0.0081%8h1,491.2−0.044%$300K$1.1M20xas long as short
Bulk ZEC-USD+0.0085%1h1,492.9+0.074%$902K$7K10xas long as short
Popdex ZECUSDT+0.0096%1h1,491.2−0.043%$171K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,490.9−0.064%$12K$876K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,491.8−0.004%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,491.7−0.007%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,491−0.055%$778.4M$447.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,490−0.124%$13.9M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,490.8−0.069%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,490.6−0.083%$695.1M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,490.3−0.103%$267.2M$629.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,491.2−0.044%$181.4M$1.34B50xas long as short
Gate ZEC_USDT+0.0100%8h1,490.4−0.098%$55.0M$181.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,490.7−0.074%$241.4M$784.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,489.9−0.126%$102.6M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,491.9+0.003%$160.5M$289.8M75xas long as short
BingX ZEC-USDT+0.0100%8h1,491.6−0.015%$118.0Mas long as short
Variational Omni ZEC+0.0100%8h1,489.9−0.128%$48.8M$34.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,491.9+0.007%$571K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,490−0.122%$3.1M$499K10xas long as short
ApeX Omni ZECUSDTlong+0.0100%1h1,491.8long leg$411K$943K50x
StandX ZEC-USD+0.0100%1h1,491.2−0.040%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,490.7−0.075%$357K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,491.5−0.019%$164K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,493.1+0.084%$456K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,493.6+0.118%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,491.3−0.033%$254K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,491−0.053%$2.7M$20.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,491.9+0.007%$4.0M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,491.9+0.005%$2.7M$7.9M10xas long as short
01 Exchange ZECUSD+0.0104%1h1,491.6−0.015%$8K$7K5xas long as short
Aevo ZEC-PERP+0.0104%1h1,491.3−0.037%$43K$151K20xas long as short
RISEx ZEC/USDC+0.0128%1h1,492.2+0.025%$940K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,490.5−0.089%$4.8M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0139% / S −0.0136%1h1,491.5−0.022%$392K100xas long as short
Lighter RH ZEC+0.0192%1h1,491.6−0.017%$2.1M$7.3M10xas long as short
Lighter ZEC+0.0264%1h1,491.9+0.003%$19.6M$44.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0398%1h1,492.2+0.027%$2.3M$3.9M15xas long as short
Arcus ZEC-USD+0.0403%1h1,493+0.080%$621K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,493.9+0.140%$3.7M$10.1M50xas long as short