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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0371%/8h= +40.6% APRnext payment +$0.46 per $10,000 · paid last 24h +0.134%
Price spread now: Lighter RH against ApeX Omni+0.191%7-day average +0.200% · you sell dearer than you buy
Net, funding: paid 7d − costs+$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$380.375% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.252%+$125 on $10k
Price spread, last 7 days−0.127%−$13 · spread now +0.191%, 7d avg +0.200%
Together, before fees+1.125%+ Points / potential airdropLighter RH: Points live · farm board+$112 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.200%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZECUSDT1,462.70.0029pay 0.0004% / 1h29m 18s$429K$821K50x
ShortLighter RH ZEC1,465.50.0400get 0.0050% / 1h29m 18s$2.0M$8.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
$77.82
Price spread: +0.191% → +0.200%
−$0.9
Slippage, 4 orders
−$27.5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$39.42
Costs to cover
0.375%
Break-even
3.5 days
Slippage from ApeX Omni: live order book, 55 min ago; Lighter RH: 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, 55 min ago2.89 bp7.9 bp −$830.7 bp −$307doesn't fitdoesn't fit
Sell Lighter RH live order book, 4 min ago1.57 bp1.6 bp −$24.1 bp −$41doesn't fitdoesn't fit

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−0.3310%1h1,463.6+0.062%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,463.4+0.050%$17.8M$45.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0210%1h1,460.2−0.171%$397K$513K5xas long as short
BloFin ZEC-USDT−0.0094%8h1,463.4+0.047%$29.3M$75.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,462.9+0.016%$6K$2K10xas long as short
Bulk ZEC-USD−0.0065%1h1,462.1−0.041%$902K$27K10xas long as short
Bybit ZECUSDT−0.0054%8h1,462.9+0.016%$271.4M$673.1M75xas long as short
Variational Omni ZEC−0.0026%8h1,463+0.017%$46.5M$33.7Mas long as short
GMX ZEC/USD [WBTC.b-USDC]L −0.0017% / S +0.0093%1h1,463.4+0.051%$541K100xas long as short
dYdX ZEC-USD0.0000%1h1,463.9+0.081%$412K$104K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXZECPERP0.0000%8h1,465.3+0.180%$885K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,463.6+0.059%$83K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463.7+0.071%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0013%8h1,463.5+0.055%$292K$1.4M20xas long as short
ApeX Omni ZECUSDTlong+0.0029%1h1,462.7long leg$429K$821K50x
Gate ZEC_USDT+0.0048%8h1,463.4+0.048%$49.9M$185.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0050%8h1,463.4+0.050%$176.1M$1.35B50xas long as short
01 Exchange ZECUSD+0.0064%1h1,463.8+0.075%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,464+0.086%$4.6M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,463.1+0.028%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,463.5+0.057%$14K$844K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,463.6+0.060%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,464.6+0.129%$2.5M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,464.1+0.096%$759.0M$485.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,463+0.022%$15.6M$33.0M75xas long as short
Pacifica ZEC+0.0100%1h1,464+0.087%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,463.4+0.049%$674.2M$2.49B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,463.4+0.046%$221.3M$863.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,463.1+0.030%$103.6M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,463.5+0.052%$161.9M$305.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,462.4−0.023%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,462.1−0.040%$510K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,462.4−0.018%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,464.1+0.098%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,463.1+0.027%$344K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.2+0.032%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,462−0.051%$447K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,465.9+0.217%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,463.3+0.040%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,462.4−0.018%$2.5M$24.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,463.6+0.058%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,463.8+0.075%$3.2M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,463.9+0.085%$36K$366K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0120%1h1,464.3+0.110%$596K$1.3M25xas long as short
Lighter ZEC+0.0128%1h1,465.1+0.163%$19.0M$52.6M20xas long as short
Backpack ZEC_USDC_PERP+0.0181%1h1,463.6+0.059%$2.3M$3.8M15xas long as short
RISEx ZEC/USDC+0.0190%1h1,463.8+0.076%$842K$1.4M10xas long as short
Lighter RH ZECshort+0.0400%1h1,465.5+0.191%$2.0M$8.3M10x
Coinbase International ZEC-PERP-INTX+0.0424%1h1,465.8+0.209%$3.7M$11.6M50xas long as short
Arcus ZEC-USD+0.0444%1h1,464.9+0.149%$731K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0556%1h1,464.4+0.117%$40K$34K10xas long as short