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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.112%
Price spread now: Katana Perps against ApeX Omni+0.123%54s7-day average +0.135% · you sell dearer than you buy
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)+0.601%+$60 on $10k
Price spread, last 7 days+0.010%+$1 · spread now +0.123%, 7d avg +0.135%
Together, before fees+0.610%+$61 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.135%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZECUSDT1,470.50.0028pay 0.0003% / 1h58m 15s$431K$845K50x
ShortKatana Perps ZEC-USD1,472.30.0100get 0.0100% / 8h7h 58m$12K$844K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
$15.18
Price spread: +0.123% → +0.135%
−$1.19
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
$0.19
Costs to cover
0.138%
Break-even
6.9 days
Slippage unknown: ApeX Omni: live order book, 16 min ago; Katana Perps: 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, 16 min ago2.92 bp7.9 bp −$828.9 bp −$289doesn't fitdoesn't fit
Sell Katana Perps no order-book sample
Katana Perps: 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−0.3321%1h1,472.6+0.141%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0342%1h1,471.3+0.056%$17.9M$43.8M25xas long as short
Phemex ZECUSDT−0.0301%8h1,471.4+0.065%$3.8M$5.4M50xas long as short
BloFin ZEC-USDT−0.0101%8h1,469.8−0.049%$29.6M$74.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,471.3+0.056%$6K$2K10xas long as short
Variational Omni ZEC−0.0063%8h1,469.3−0.081%$47.6M$34.4Mas long as short
dYdX ZEC-USD0.0000%1h1,470.4−0.008%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.2+0.048%$957K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,471+0.034%$84K$405K10xas long as short
Ondo Perps ZEC-USD.P+0.0002%1h1,470−0.033%$399K$520K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.8+0.088%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,470.9+0.029%$294K$1.4M20xas long as short
01 Exchange ZECUSD+0.0016%1h1,471.9+0.098%$8K$8K5xas long as short
Phoenix ZEC+0.0024%1h1,471.4+0.062%$4.7M$1.6M10xas long as short
ApeX Omni ZECUSDTlong+0.0028%1h1,470.5long leg$431K$845K50x
OKX ZEC-USDT-SWAP+0.0039%8h1,471+0.038%$181.8M$1.34B50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,471.7+0.080%$372K100xas long as short
Lighter ZEC+0.0096%1h1,472.8+0.155%$19.2M$50.2M20xas long as short
Popdex ZECUSDT+0.0096%1h1,471.1+0.044%$175K$1.9M50xas long as short
Katana Perps ZEC-USDshort+0.0100%8h1,472.3+0.123%$12K$844K10x
Paradex ZEC-USD-PERP+0.0100%8h1,471.2+0.049%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,471.4+0.062%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.5+0.137%$763.4M$473.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,471+0.038%$15.0M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,471.6+0.078%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.3+0.057%$683.5M$2.45B75xas long as short
Bybit ZECUSDT+0.0100%8h1,470.8+0.024%$274.7M$648.4M75xas long as short
Arcus ZEC-USD+0.0100%1h1,472.6+0.147%$701K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,470.8+0.018%$895K$33K10xas long as short
Gate ZEC_USDT+0.0100%8h1,471.5+0.071%$51.1M$177.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.5+0.069%$229.2M$818.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471+0.035%$104.5M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.4+0.063%$163.7M$300.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,470.6+0.009%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.1−0.028%$549K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.6+0.010%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,470.8+0.020%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471+0.035%$333K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.2+0.051%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.5−0.070%$458K$508K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.8+0.222%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.1+0.039%$242K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470.7+0.018%$2.5M$22.5M75xas long as short
Extended ZEC-USD+0.0104%1h1,471.4+0.061%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.3+0.057%$28K$201K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0220%1h1,472.3+0.126%$614K$1.3M25xas long as short
RISEx ZEC/USDC+0.0228%1h1,472.3+0.122%$839K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0440%1h1,470.6+0.011%$2.5M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,473.7+0.220%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0552%1h1,473.5+0.203%$2.0M$7.9M10xas long as short
Aftermath Perps ZECUSD+0.0776%1h1,472.9+0.167%$46K$46K10xas long as short