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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0036%/8h= −3.9% APRnext payment $0.04 per $10,000 · paid last 24h +0.081%
Price spread now: 01 Exchange against ApeX Omni−0.037%56s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.037% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZECUSDT1,4740.0100pay 0.0013% / 1h24m 28s$429K$907K50x
Short01 Exchange ZECUSD1,473.50.0064get 0.0008% / 1h24m 28s$8K$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$7.56
Price spread: −0.037% → 0.000%
−$3.66
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$28.22
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 45 min ago; 01 Exchange: 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 ago3.61 bp8.6 bp −$930.5 bp −$305doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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 50 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−0.3678%1h1,459.3−1.000%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,473.4−0.044%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0029%1h1,474.1+0.005%$400K$518K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,474.9+0.058%$18.1M$43.7M25xas long as short
dYdX ZEC-USD0.0000%1h1,473.2−0.054%$415K$54K5xas long as short
Kalshi KXZECPERP0.0000%8h1,475.3+0.087%$976K$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,473−0.072%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.6−0.096%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0028%8h1,472.7−0.090%$294K$1.0M20xas long as short
Variational Omni ZEC+0.0048%8h1,474.4+0.027%$48.1M$32.8Mas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,472.6−0.098%$385K100xas long as short
01 Exchange ZECUSDshort+0.0064%1h1,473.5−0.037%$8K$9K5x
Phoenix ZEC+0.0070%1h1,476.1+0.141%$4.7M$1.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,473−0.073%$173K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0097%8h1,472.7−0.093%$181.4M$1.27B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,472.7−0.093%$14K$842K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,473.5−0.036%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.9−0.011%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.8−0.016%$767.2M$442.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.7−0.091%$14.8M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,473.4−0.042%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.7−0.093%$680.6M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,472.3−0.115%$271.4M$617.5M75xas long as short
Bulk ZEC-USD+0.0100%1h1,476.6+0.173%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,472.4−0.108%$50.3M$175.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.8−0.085%$216.3M$800.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473.1−0.065%$103.6M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.7−0.090%$163.6M$283.4M75xas long as short
BingX ZEC-USDC+0.0100%8h1,472.6−0.099%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,475.3+0.088%$575K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,475+0.069%$3.0M$443K10xas long as short
ApeX Omni ZECUSDTlong+0.0100%1h1,474long leg$429K$907K50x
StandX ZEC-USD+0.0100%1h1,473.2−0.060%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.6−0.097%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.6−0.100%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,471.2−0.194%$458K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,476.2+0.146%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,474.2+0.012%$243K$3.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,472.7−0.092%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,474.2+0.013%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,472.8−0.083%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.8−0.084%$48K$162K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0151%1h1,474.3+0.015%$613K$1.3M25xas long as short
Arcus ZEC-USD+0.0254%1h1,474.6+0.038%$688K$8.6M10xas long as short
Lighter ZEC+0.0272%1h1,474.7+0.045%$19.3M$48.2M20xas long as short
Lighter RH ZEC+0.0280%1h1,475.1+0.074%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,473.8−0.019%$865K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,475.5+0.100%$3.6M$9.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0493%1h1,475.2+0.082%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0735%1h1,474.4+0.026%$44K$46K10xas long as short