ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.092%

Price spread now: Popdex against ApeX Omni+0.005%7-day average +0.137% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$240.243% of the position

Long on ApeX Omni Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.524%+$52 on $10k

Price spread, last 7 days+0.101%+$10 · spread now +0.005%, 7d avg +0.137%

Together, before fees+0.624%+$62 on $10k · with fees, hour by hour

Funding pays, the price is against you. Popdex is 0.132% cheaper against ApeX Omni than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.137%). If the spread goes back, that is −$13 on $10k: about 3.4 days of funding at the current rate (+$4 a day). At the pace of the last 4 days (+0.524% in total) that is about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ZECUSDT	1,454.7	−0.0032	get 0.0004% / 1h	55m 08s	$404K	$942K	50x
Short	Popdex ZECUSDT	1,454.7	0.0096	get 0.0012% / 1h	55m 08s	$173K	$1.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee PopdexbpOrdersPrice spread, now +0.005%Rate

Funding earned: $26.86
Price spread: +0.005% → +0.137%: −$13.17
Slippage, 4 orders: −$7.86
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$10.56
Costs to cover: 0.243%
Break-even: 9.8 days

Slippage from ApeX Omni: live order book, 64 min ago; Popdex: live order book, 4 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, 64 min ago	1.59 bp	7.3 bp −$7	28.7 bp −$287	doesn't fit	doesn't fit
Sell Popdex live order book, 4 min ago	0.07 bp	3.7 bp −$4	5.7 bp −$57	doesn't fit	doesn't fit

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	−0.3042%	1h	1,456	+0.092%	$34K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,454.7	−0.001%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0070%	8h	1,456.4	+0.117%	$29.6M	$70.8M	75x	as long as short
ApeX Omni ZECUSDTlong	−0.0032%	1h	1,454.7	long leg	$404K	$942K	50x
dYdX ZEC-USD	0.0000%	1h	1,454.4	−0.018%	$410K	$37K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,455.1	+0.027%	$1.5M	$4.5M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,453.5	−0.078%	$83K	$240K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,455.4	+0.049%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0064%	8h	1,455.2	+0.036%	$291K	$952K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0072% / S −0.0024%	1h	1,455.3	+0.042%	$408K	—	100x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ZECUSDTshort	+0.0096%	1h	1,454.7	+0.005%	$173K	$1.7M	50x
Katana Perps ZEC-USD	+0.0100%	8h	1,455	+0.025%	$10K	$858K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,454.6	−0.008%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,455.1	+0.030%	$2.8M	$6.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,455.4	+0.053%	$14.7M	$27.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,454.6	−0.005%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,456.4	+0.117%	$669.0M	$2.21B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,456	+0.093%	$261.4M	$601.4M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,456.3	+0.111%	$177.8M	$1.22B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,458	+0.229%	$395K	$442K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,457.5	+0.197%	$880K	$18K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,455.4	+0.052%	$50.5M	$170.0M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,456.4	+0.118%	$215.1M	$764.0M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,456.1	+0.098%	$102.7M	$53.9M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,456.3	+0.115%	$165.6M	$270.9M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,455.3	+0.043%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,454	−0.045%	$47.7M	$32.6M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,454.8	+0.009%	$566K	$8.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,455.1	+0.030%	$3.0M	$451K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,454.5	−0.015%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,454.9	+0.016%	$353K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,455.1	+0.031%	$160K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,454.1	−0.038%	$444K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,456.8	+0.143%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,455.7	+0.069%	$233K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,454.2	−0.031%	$2.7M	$18.4M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,456.5	+0.127%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,455.2	+0.036%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,455.2	+0.034%	$47K	$151K	20x	as long as short
01 Exchange ZECUSD	+0.0112%	1h	1,455	+0.025%	$8K	$7K	5x	as long as short
Phoenix ZEC	+0.0123%	1h	1,457.7	+0.206%	$4.6M	$1.3M	10x	as long as short
Hyperliquid ZEC	+0.0148%	1h	1,457.8	+0.215%	$758.3M	$431.8M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0157%	1h	1,456.7	+0.137%	$2.4M	$3.9M	15x	as long as short
Lighter ZEC	+0.0160%	1h	1,457.2	+0.171%	$19.2M	$44.7M	20x	as long as short
Lighter RH ZEC	+0.0160%	1h	1,457	+0.160%	$2.1M	$7.0M	10x	as long as short
RISEx ZEC/USDC	+0.0216%	1h	1,454.6	−0.004%	$921K	$1.1M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0312%	1h	1,456.1	+0.099%	$614K	$1.3M	25x	as long as short
Kraken Futures PF_ZECUSD	+0.0333%	1h	1,455.8	+0.077%	$18.0M	$45.2M	25x	as long as short
Arcus ZEC-USD	+0.0344%	1h	1,456.8	+0.150%	$684K	$8.2M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0464%	1h	1,457.1	+0.166%	$3.7M	$9.1M	50x	as long as short
Aftermath Perps ZECUSD	+0.0674%	1h	1,456.5	+0.126%	$45K	$49K	10x	as long as short