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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0465%/8h= −50.9% APRpaid last 24h −0.093%
Price spread now: ApeX Omni against GRVT−0.101%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$300.297% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.177%−$118 on $10k
Price spread, last 7 days+0.048%+$5 · spread now −0.101%, 7d avg −0.133%
Together, before fees−1.129%+ Points / potential airdropGRVT: Active · farm board−$113 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.032% dearer against GRVT than usual: you sell high and buy low (spread −0.101% now, against its 7-day average of −0.133%): +$3 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 5 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ZEC_USDT_Perp1,475.50.0100pay 0.0100% / 8h52m 44s$3.0M$466K10x
ShortApeX Omni ZECUSDT1,474−0.0365pay 0.0046% / 1h52m 44s$432K$827K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GRVT. 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
−$97.62
Price spread: −0.101% → −0.133%
$3.2
Slippage, 4 orders
−$10.69
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$124.12
Costs to cover
0.297%
Break-even
never at this rate
Slippage from GRVT: live order book, 1 min ago; ApeX Omni: live order book, 26 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 GRVT live order book, 1 min ago1.90 bp6.4 bp −$68.4 bp −$8417.5 bp −$1,75032776.2 bp −$16.39M
Sell ApeX Omni live order book, 26 min ago0.10 bp11.3 bp −$1134.8 bp −$348doesn'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−0.3089%1h1,475.9+0.023%$34K$275K12xas long as short
ApeX Omni ZECUSDTshort−0.0365%1h1,474−0.101%$432K$827K50x
Ondo Perps ZEC-USD.P−0.0334%1h1,473.5−0.137%$400K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0224%1h1,474.6−0.062%$18.0M$44.6M25xas long as short
BloFin ZEC-USDT−0.0111%8h1,474.5−0.069%$29.5M$75.7M75xas long as short
Bybit ZECUSDT−0.0087%8h1,473−0.174%$273.4M$661.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,474.2−0.093%$6K$2K10xas long as short
Variational Omni ZEC−0.0037%8h1,473.4−0.143%$47.0M$33.5Mas long as short
dYdX ZEC-USD0.0000%1h1,473.7−0.121%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,476.4+0.062%$901K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,474−0.103%$84K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,474.9−0.042%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,474.7−0.055%$295K$1.4M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0019%1h1,475.5−0.005%$615K$1.3M25xas long as short
Phoenix ZEC+0.0024%1h1,475.6+0.006%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0009%1h1,474.8−0.050%$366K100xas long as short
OKX ZEC-USDT-SWAP+0.0039%8h1,473.7−0.121%$180.5M$1.35B50xas long as short
Gate ZEC_USDT+0.0044%8h1,474−0.101%$50.7M$183.9M75xas long as short
01 Exchange ZECUSD+0.0048%1h1,474.6−0.062%$8K$8K5xas long as short
SoDEX ZEC-USD+0.0065%1h1,474.5−0.073%$227K$4.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,474.7−0.054%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,475.3−0.019%$12K$828K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,473.8−0.118%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.6−0.064%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,474.8−0.049%$765.4M$473.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,473.8−0.120%$15.6M$32.8M75xas long as short
Pacifica ZEC+0.0100%1h1,474.2−0.088%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,473.8−0.116%$681.9M$2.47B75xas long as short
Arcus ZEC-USD+0.0100%1h1,475−0.037%$714K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471.1−0.299%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,473.9−0.110%$223.0M$830.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473.6−0.131%$104.2M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,473.9−0.110%$162.8M$303.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,473.8−0.114%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,474.3−0.083%$513K$9.3M20xas long as short
GRVT ZEC_USDT_Perplong+0.0100%8h1,475.5long leg$3.0M$466K10x
StandX ZEC-USD+0.0100%1h1,475.4−0.011%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,474.6−0.063%$348K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,474.4−0.076%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473−0.170%$449K$503K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.1+0.106%$3K$1.2M20xas long as short
HTX ZEC-USDT+0.0100%8h1,473.2−0.158%$2.5M$23.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,474.8−0.046%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,474.4−0.074%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,474.5−0.072%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,475.3−0.012%$836K$1.2M10xas long as short
Lighter ZEC+0.0144%1h1,475.5−0.005%$19.1M$52.1M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,476.8+0.088%$3.8M$11.0M50xas long as short
Lighter RH ZEC+0.0504%1h1,475.7+0.012%$2.0M$8.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0552%1h1,475.6+0.004%$2.4M$3.7M15xas long as short
Aftermath Perps ZECUSD+0.0628%1h1,474.7−0.059%$46K$47K10xas long as short