Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h −0.079%
Price spread now: ApeX Omni against Deribit−0.410%74s7-day average −0.203% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$360.361% of the position
Funding, last 7 days−1.068%−$107 on $10k
+Price spread, last 4 days (all we have)−0.329%−$33 · spread now −0.410%, 7d avg −0.203%
=Funding pays, the price is against you. ApeX Omni is 0.207% cheaper against Deribit than usual: you would sell low and buy high (spread −0.410% now, against its 7-day average of −0.203%). If the spread goes back, that is −$21 on $10k: about 10 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −1.068%, so the current rate has only just turned in your favour. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ZEC_USDC-PERPETUAL | 1,516.1 | 0.0033 | pay 0.0004% / 1h | 59m 47s | $692K | $1.4M | 25x |
| Short | ApeX Omni ZECUSDT | 1,509.9 | 0.0100 | get 0.0013% / 1h | 59m 47s | $416K | $948K | 50x |
Deribit ZEC_USDC-PERPETUAL
ApeX Omni ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14.1
- Price spread: −0.410% → −0.203%
- −$20.66
- Slippage, 4 orders
- −$19.12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$42.67
- Costs to cover
- 0.361%
- Break-even
- 28.2 days
Slippage from Deribit: live order book, 4 min ago; ApeX Omni: live order book, 39 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 Deribit live order book, 4 min ago | 4.43 bp | 9.1 bp −$9 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 39 min ago | 4.29 bp | 9.8 bp −$10 | 37.2 bp −$372 | 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 | −0.3442% | 1h | 1,496.3 | −1.311% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,513.9 | −0.148% | $62K | $306K | 10x | as long as short |
| Bulk ZEC-USD | −0.0412% | 1h | 1,508.1 | −0.530% | $776K | $147K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0163% | 8h | 1,515.2 | −0.064% | $31.4M | $77.0M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0103% | 1h | 1,511.8 | −0.285% | $48K | $59K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,515.1 | −0.071% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,513.8 | −0.152% | $421K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,515.6 | −0.033% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,515.2 | −0.060% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0011% | 1h | 1,515.8 | −0.021% | $18.3M | $47.8M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Bulk ZEC-USD
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUALlong | +0.0033% | 1h | 1,516.1 | long leg | $692K | $1.4M | 25x | |
| Ondo Perps ZEC-USD.P | +0.0070% | 1h | 1,510 | −0.405% | $413K | $552K | 5x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,515.2 | −0.059% | $8K | $6K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0083% | 8h | 1,515.2 | −0.064% | $305K | $863K | 20x | as long as short |
| Phoenix ZEC | +0.0096% | 1h | 1,514.3 | −0.123% | $4.8M | $1.4M | 10x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,517 | +0.053% | $2.1M | $7.7M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,515.2 | −0.064% | $177K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,515 | −0.077% | $16K | $897K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,515.1 | −0.070% | $62K | $19K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,515.3 | −0.055% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,515.8 | −0.023% | $793.0M | $447.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,514.7 | −0.096% | $14.2M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,515 | −0.074% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,515.4 | −0.048% | $716.1M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,514.6 | −0.102% | $273.2M | $628.7M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,515.1 | −0.067% | $183.4M | $1.38B | 50x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,515 | −0.076% | $59.9M | $191.8M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,515.6 | −0.038% | $271.3M | $833.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,514.9 | −0.081% | $103.6M | $57.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,515 | −0.075% | $163.6M | $294.1M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,515 | −0.077% | — | $119.8M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,513.8 | −0.156% | $50.0M | $35.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,510.8 | −0.350% | $578K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,510.9 | −0.349% | $3.1M | $532K | 10x | as long as short |
| ApeX Omni ZECUSDTshort | +0.0100% | 1h | 1,509.9 | −0.410% | $416K | $948K | 50x | |
| StandX ZEC-USD | +0.0100% | 1h | 1,514.1 | −0.136% | $54K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,515.4 | −0.049% | $376K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,515.4 | −0.050% | $169K | $193K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,513.2 | −0.196% | $462K | $408K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,517.7 | +0.099% | $4K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,515.5 | −0.043% | $256K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,515 | −0.079% | $2.7M | $21.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,516.4 | +0.018% | $4.1M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,515.1 | −0.069% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,515.4 | −0.047% | $43K | $151K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0128% | 1h | 1,515.4 | −0.049% | $962K | $1.1M | 10x | as long as short |
| Lighter ZEC | +0.0128% | 1h | 1,516.8 | +0.045% | $19.7M | $47.1M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0151% / S −0.0151% | 1h | 1,515.2 | −0.062% | $336K | — | 100x | as long as short |
| Arcus ZEC-USD | +0.0403% | 1h | 1,515.6 | −0.035% | $596K | $8.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,516.3 | +0.007% | $3.7M | $9.8M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0494% | 1h | 1,516.7 | +0.037% | $2.4M | $3.8M | 15x | as long as short |
Ondo Perps ZEC-USD.P
01 Exchange ZECUSD
Orderly PERP_ZEC_USDC
Phoenix ZEC
Lighter RH ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Lighter ZEC
GMX ZEC/USD [WBTC.b-USDC]
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP