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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.087%
Price spread now: ApeX Omni against Gate+0.225%7-day average −0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$480.477% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.911%−$91 on $10k
Price spread, last 7 days−0.347%−$35 · spread now +0.225%, 7d avg −0.132%
Together, before fees−1.259%−$126 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.357% dearer against Gate than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of −0.132%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEC_USDT1,457.80.0100pay 0.0100% / 8h5h 15m$49.8M$174.7M75x
ShortApeX Omni ZECUSDT1,4610.0100get 0.0013% / 1h15m 26s$411K$909K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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
$0
Price spread: +0.225% → −0.132%
$35.72
Slippage, 4 orders
−$22.73
Fee Gate: 7.5 bp × 2 orders
−$15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$12.01
Costs to cover
0.477%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; ApeX Omni: live order book, 49 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 Gate live order book, 4 min ago0.34 bp13.3 bp −$1319.3 bp −$19332.2 bp −$3,22159.5 bp −$29.8K
Sell ApeX Omni live order book, 49 min ago4.56 bp13.4 bp −$1336.7 bp −$367doesn'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−0.3244%1h1,463.5+0.392%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0083%8h1,461+0.226%$29.3M$70.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,463.4+0.390%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,457.7−0.007%$410K$43K5xas long as short
Kalshi KXZECPERP0.0000%8h1,464.2+0.443%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,458.1+0.021%$83K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.3−0.033%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0050%8h1,457.8+0.005%$292K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,457.5−0.020%$409K100xas long as short
Phoenix ZEC+0.0074%1h1,461.9+0.287%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,458.1+0.023%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,457.8+0.003%$15K$875K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.9+0.010%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,458+0.016%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458.4+0.045%$757.8M$434.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,457.9+0.013%$14.5M$28.1M75xas long as short
Pacifica ZEC+0.0100%1h1,458.5+0.053%$1.7M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.5−0.021%$667.5M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,457.6−0.012%$264.9M$605.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,458.1+0.022%$178.4M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,460.5+0.189%$396K$439K5xas long as short
Bulk ZEC-USD+0.0100%1h1,456.1−0.113%$882K$21K10xas long as short
Gate ZEC_USDTlong+0.0100%8h1,457.8long leg$49.8M$174.7M75x
MEXC ZEC_USDT+0.0100%8h1,457.7−0.004%$214.4M$779.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,458.1+0.026%$102.1M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,458.1+0.025%$162.4M$273.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,457.8+0.001%$97.0Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,463.7+0.408%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,462.2+0.307%$47.8M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,460.6+0.198%$570K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,462.3+0.310%$3.0M$432K10xas long as short
ApeX Omni ZECUSDTshort+0.0100%1h1,461+0.225%$411K$909K50x
StandX ZEC-USD+0.0100%1h1,462.9+0.355%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.2−0.038%$375K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.8+0.001%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.6−0.079%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,460.1+0.163%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457.6−0.008%$233K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,462+0.289%$2.6M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,462.8+0.344%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,457.4−0.025%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.6−0.010%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0152%1h1,458.2+0.028%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,457.6−0.010%$18.0M$44.6M25xas long as short
Lighter ZEC+0.0232%1h1,459.3+0.106%$19.1M$46.7M20xas long as short
Arcus ZEC-USD+0.0277%1h1,459.2+0.098%$701K$8.5M10xas long as short
Lighter RH ZEC+0.0376%1h1,461.4+0.250%$2.0M$6.9M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0398%1h1,458.7+0.066%$613K$1.3M25xas long as short
RISEx ZEC/USDC+0.0409%1h1,458.5+0.051%$834K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,459.4+0.110%$3.7M$9.2M50xas long as short
Aftermath Perps ZECUSD+0.0689%1h1,459.7+0.137%$45K$49K10xas long as short