ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.076%

Price spread now: ApeX Omni against dYdX+0.054%110s7-day average −0.174% · you sell dearer than you buy

Net, funding: paid 7d − costs−$225as 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−$1081.078% of the position

Long on dYdX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−1.168%−$117 on $10k

Price spread, last 4 days (all we have)−0.635%−$64 · spread now +0.054%, 7d avg −0.174%

Together, before fees−1.804%−$180 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.228% dearer against dYdX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.174%. Mind the row above: over the last 7 days funding on this pair cost −1.168%, so the current rate has only just turned in your favour. The two prices were read 110 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	dYdX ZEC-USD	1,473.2	0	get 0.0000% / 1h	25m 44s	$415K	$54K	5x
Short	ApeX Omni ZECUSDT	1,474	0.0100	get 0.0013% / 1h	25m 44s	$429K	$907K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. 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 dYdXbpFee ApeX OmnibpOrdersPrice spread, now +0.054%Rate

Funding earned: $21
Price spread: +0.054% → −0.174%: $22.8
Slippage, 4 orders: −$87.84
Fee dYdX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$64.04
Costs to cover: 1.078%
Break-even: 28.3 days

Slippage from dYdX: live order book, 43 min ago; ApeX Omni: live order book, 43 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 dYdX live order book, 43 min ago	37.15 bp	44.2 bp −$44	54.9 bp −$549	78.8 bp −$7,881	149.3 bp −$74.6K
Sell ApeX Omni live order book, 43 min ago	3.61 bp	12.8 bp −$13	36.5 bp −$365	doesn't fit	doesn't fit

ZEC on 50 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	−0.3678%	1h	1,475.4	+0.149%	$34K	$274K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,473.3	+0.003%	$6K	$1K	10x	as long as short
Ondo Perps ZEC-USD.P	−0.0020%	1h	1,474.1	+0.058%	$400K	$518K	5x	as long as short
Kraken Futures PF_ZECUSD	−0.0002%	1h	1,475.4	+0.145%	$18.1M	$43.7M	25x	as long as short
dYdX ZEC-USDlong	0.0000%	1h	1,473.2	long leg	$415K	$54K	5x
Kalshi KXZECPERP	0.0000%	8h	1,475.4	+0.143%	$976K	$5.0M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,476	+0.186%	$84K	$254K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,474.8	+0.103%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0027%	8h	1,476	+0.188%	$295K	$1.1M	20x	as long as short
Variational Omni ZEC	+0.0048%	8h	1,474.4	+0.080%	$48.1M	$32.8M	—	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0009%	1h	1,474.6	+0.094%	$385K	—	100x	as long as short
01 Exchange ZECUSD	+0.0064%	1h	1,473.3	+0.003%	$8K	$9K	5x	as long as short
Phoenix ZEC	+0.0070%	1h	1,478.2	+0.338%	$4.7M	$1.5M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,476.8	+0.239%	$174K	$1.8M	50x	as long as short
OKX ZEC-USDT-SWAP	+0.0097%	8h	1,473.1	−0.007%	$181.4M	$1.27B	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,473	−0.016%	$14K	$842K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,473.4	+0.010%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,477	+0.252%	$2.6M	$6.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,474.4	+0.079%	$767.5M	$445.3M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,473.5	+0.018%	$14.9M	$30.8M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,473.3	+0.004%	$1.7M	$2.7M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,473.3	+0.007%	$680.9M	$2.33B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,473	−0.018%	$271.5M	$618.0M	75x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,476.6	+0.227%	$896K	$18K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,472.8	−0.033%	$50.3M	$175.8M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,473.4	+0.007%	$215.7M	$799.8M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,472.9	−0.024%	$103.6M	$56.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,473.1	−0.013%	$163.7M	$283.5M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,472.9	−0.022%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,476.1	+0.193%	$574K	$9.0M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,475	+0.120%	$3.0M	$443K	10x	as long as short
ApeX Omni ZECUSDTshort	+0.0100%	1h	1,474	+0.054%	$429K	$907K	50x
StandX ZEC-USD	+0.0100%	1h	1,475.6	+0.157%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,476.6	+0.228%	$340K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,474.7	+0.101%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,474.5	+0.085%	$459K	$511K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,477.9	+0.319%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,475.4	+0.149%	$243K	$3.7M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,475.8	+0.174%	$2.5M	$18.8M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,475.8	+0.175%	$3.9M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,472.8	−0.029%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,476	+0.186%	$48K	$162K	20x	as long as short
Arcus ZEC-USD	+0.0254%	1h	1,474.6	+0.093%	$689K	$8.7M	10x	as long as short
Lighter ZEC	+0.0272%	1h	1,474.6	+0.095%	$19.3M	$48.1M	20x	as long as short
Lighter RH ZEC	+0.0280%	1h	1,474.9	+0.109%	$2.1M	$7.1M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0292%	1h	1,476.8	+0.239%	$614K	$1.3M	25x	as long as short
RISEx ZEC/USDC	+0.0374%	1h	1,473.7	+0.032%	$865K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0472%	1h	1,477.4	+0.280%	$3.7M	$9.5M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0498%	1h	1,475.2	+0.130%	$2.5M	$3.9M	15x	as long as short
Aftermath Perps ZECUSD	+0.0732%	1h	1,475.7	+0.167%	$44K	$46K	10x	as long as short