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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0164%/8h= −18.0% APRnext payment $0.20 per $10,000 · paid last 24h −0.122%
Price spread now: ApeX Omni against Lighter RH−0.221%48s7-day average −0.202% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.267% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.252%−$125 on $10k
Price spread, last 7 days+0.200%+$20 · spread now −0.221%, 7d avg −0.202%
Together, before fees−1.053%+ Points / potential airdropLighter RH: Points live · farm board−$105 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.202%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH ZEC1,480.20.0264pay 0.0033% / 1h30m 29s$2.1M$7.4M10x
ShortApeX Omni ZECUSDT1,476.90.0100get 0.0013% / 1h30m 29s$406K$935K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter RH. 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
−$34.44
Price spread: −0.221% → −0.202%
−$1.87
Slippage, 4 orders
−$16.74
Fee Lighter RH: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$63.06
Costs to cover
0.267%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 3 min ago; ApeX Omni: live order book, 13 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 Lighter RH live order book, 3 min ago2.67 bp3.7 bp −$46.0 bp −$60doesn't fitdoesn't fit
Sell ApeX Omni live order book, 13 min ago4.76 bp9.8 bp −$1033.0 bp −$330doesn'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−0.3684%1h1,462−1.224%$36K$275K12xas long as short
Bulk ZEC-USD−0.0166%1h1,477.1−0.206%$892K$9K10xas long as short
BloFin ZEC-USDT−0.0131%8h1,478−0.148%$30.5M$73.8M75xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,478−0.143%$17.9M$47.2M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,478.4−0.116%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,477.7−0.166%$411K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,480−0.014%$1.5M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,477.4−0.184%$63K$303K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,478−0.143%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0077%8h1,478−0.144%$298K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,478.3−0.127%$163K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,478−0.149%$13K$866K10xas long as short
Nado ZEC-PERP+0.0100%1h1,478.5−0.108%$2.7M$7.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,477.8−0.158%$13.8M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,478.3−0.123%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,478.4−0.120%$688.2M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,477.7−0.163%$265.1M$632.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,478−0.149%$179.1M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,475.2−0.334%$403K$508K5xas long as short
Gate ZEC_USDT+0.0100%8h1,478.4−0.120%$54.2M$182.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,478.7−0.096%$241.5M$784.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,478.9−0.087%$101.2M$57.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,478.8−0.092%$159.1M$288.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,477.6−0.174%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,479−0.081%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,477.6−0.171%$48.1M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,476.5−0.248%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,478.1−0.139%$3.0M$498K10xas long as short
ApeX Omni ZECUSDTshort+0.0100%1h1,476.9−0.221%$406K$935K50x
StandX ZEC-USD+0.0100%1h1,476.9−0.219%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,478.2−0.132%$357K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,478.3−0.126%$162K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.4−0.456%$450K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,479.7−0.030%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,478−0.147%$252K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,477−0.213%$2.6M$19.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,478.4−0.119%$3.9M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,479.1−0.071%$61K$43K10xas long as short
Aftermath Perps ZECUSD+0.0101%1h1,477.8−0.157%$47K$64K10xas long as short
Extended ZEC-USD+0.0104%1h1,478.6−0.105%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,477.9−0.151%$42K$152K20xas long as short
RISEx ZEC/USDC+0.0129%1h1,478.5−0.114%$925K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,476.1−0.271%$4.7M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0143% / S −0.0148%1h1,478.1−0.138%$479K100xas long as short
01 Exchange ZECUSD+0.0144%1h1,478.8−0.095%$8K$7K5xas long as short
Arcus ZEC-USD+0.0221%1h1,480.2+0.002%$635K$8.6M10xas long as short
Hyperliquid ZEC+0.0250%1h1,480.4+0.017%$768.3M$442.2M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0258%1h1,478.9−0.088%$675K$1.4M25xas long as short
Lighter RH ZEClong+0.0264%1h1,480.2long leg$2.1M$7.4M10x
Lighter ZEC+0.0320%1h1,479.7−0.033%$19.4M$45.8M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,478.4−0.120%$3.6M$9.9M50xas long as short