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+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h −0.089%
Price spread now: ApeX Omni against Bulk+0.496%7-day average −0.162% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$26as in the Price arb table
costs, in and out, $10k−$400.403% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.479%−$48 on $10k
Price spread, last 4 days (all we have)−1.560%−$156 · spread now +0.496%, 7d avg −0.162%
Together, before fees−2.038%−$204 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.658% dearer against Bulk than usual: you sell high and buy low: +$66 more if the spread goes back to its 7-day average of −0.162%. Mind the row above: over the last 3 days funding on this pair cost −0.479%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk ZEC-USD1,460.60.0054pay 0.0007% / 1h43m 18s$899K$25K10x
ShortApeX Omni ZECUSDT1,467.80.0100get 0.0013% / 1h43m 18s$431K$819K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bulk. 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
$9.63
Price spread: +0.496% → −0.162%
$65.84
Slippage, 4 orders
−$23.28
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$35.19
Costs to cover
0.403%
Break-even
from the start
Slippage from Bulk: live order book, 41 min ago; ApeX Omni: live order book, 41 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 Bulk live order book, 41 min ago0.31 bp3.8 bp −$43.8 bp −$386.0 bp −$60312.1 bp −$6,061
Sell ApeX Omni live order book, 41 min ago2.89 bp24.8 bp −$2547.3 bp −$473doesn'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%1h1,462.9+0.162%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,467.1+0.448%$17.8M$44.6M25xas long as short
Ondo Perps ZEC-USD.P−0.0174%1h1,466.9+0.433%$398K$521K5xas long as short
BloFin ZEC-USDT−0.0098%8h1,467.1+0.448%$29.1M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,468.2+0.525%$6K$2K10xas long as short
Bybit ZECUSDT−0.0047%8h1,466.8+0.429%$271.7M$673.4M75xas long as short
Variational Omni ZEC−0.0022%8h1,467.6+0.482%$46.6M$34.0Mas long as short
dYdX ZEC-USD0.0000%1h1,469.2+0.589%$414K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.9+0.570%$891K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,467.2+0.457%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,467.8+0.496%$597K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,468.1+0.512%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,467.7+0.491%$543K100xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,467.4+0.470%$294K$1.5M20xas long as short
OKX ZEC-USDT-SWAP+0.0048%8h1,467.3+0.457%$176.2M$1.36B50xas long as short
Bulk ZEC-USDlong+0.0054%1h1,460.6long leg$899K$25K10x
01 Exchange ZECUSD+0.0056%1h1,468.3+0.529%$8K$8K5xas long as short
Gate ZEC_USDT+0.0057%8h1,467.7+0.485%$49.9M$184.3M75xas long as short
Phoenix ZEC+0.0075%1h1,468.6+0.553%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,468+0.511%$14K$862K10xas long as short
Lighter ZEC+0.0096%1h1,468.9+0.568%$19.0M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,467.6+0.483%$173K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468+0.507%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.8+0.498%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.8+0.563%$761.1M$490.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,467.6+0.484%$15.4M$33.6M75xas long as short
Pacifica ZEC+0.0100%1h1,468.9+0.569%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,467.3+0.459%$675.4M$2.50B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.3+0.463%$222.3M$856.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.5+0.474%$103.2M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.4+0.470%$162.7M$307.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,467.2+0.455%$103.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,468.2+0.520%$511K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.7+0.487%$3.0M$481K10xas long as short
ApeX Omni ZECUSDTshort+0.0100%1h1,467.8+0.496%$431K$819K50x
StandX ZEC-USD+0.0100%1h1,468.6+0.546%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.1+0.516%$346K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.4+0.466%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.9+0.362%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.4+0.607%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.8+0.429%$222K$4.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467.8+0.492%$2.5M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.5+0.477%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,467.6+0.481%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.2+0.454%$37K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,468.5+0.540%$844K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0235%1h1,469.2+0.588%$2.4M$4.0M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,470.2+0.661%$3.7M$11.7M50xas long as short
Lighter RH ZEC+0.0440%1h1,469.3+0.599%$2.0M$8.2M10xas long as short
Arcus ZEC-USD+0.0444%1h1,469.3+0.596%$731K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0534%1h1,467.1+0.446%$41K$34K10xas long as short