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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.106%
Price spread now: ApeX Omni against Nado+0.110%7-day average −0.172% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$300.303% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.436%−$44 on $10k
Price spread, last 7 days−0.215%−$21 · spread now +0.110%, 7d avg −0.172%
Together, before fees−0.650%+ Points / potential airdropNado: Active · farm board−$65 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 0.282% dearer against Nado than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.172%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ZEC-PERP1,472.90.0100pay 0.0012% / 1h22m 58s$2.6M$6.6M10x
ShortApeX Omni ZECUSDT1,474.60.0100get 0.0013% / 1h22m 58s$429K$898K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. 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: +0.110% → −0.172%
$28.17
Slippage, 4 orders
−$13.33
Fee Nado: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$2.16
Costs to cover
0.303%
Break-even
222081791442040.7 days
Slippage from Nado: live order book, 1 min ago; ApeX Omni: live order book, 46 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 Nado live order book, 1 min ago0.03 bp4.4 bp −$411.3 bp −$11345.0 bp −$4,504doesn't fit
Sell ApeX Omni live order book, 46 min ago3.61 bp12.8 bp −$1336.5 bp −$365doesn't fitdoesn't fit

ZEC on 50 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−0.3678%1h1,459.3−0.927%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.6−0.022%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0029%1h1,471.4−0.105%$400K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,472.8−0.012%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,473.2+0.020%$415K$54K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.1+0.013%$975K$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,472.5−0.033%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.2−0.052%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0028%8h1,472.2−0.053%$294K$1.0M20xas long as short
Variational Omni ZEC+0.0048%8h1,474.4+0.100%$48.1M$32.8Mas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,472.2−0.050%$385K100xas long as short
Phoenix ZEC+0.0070%1h1,476.1+0.215%$4.7M$1.5M10xas long as short
01 Exchange ZECUSD+0.0072%1h1,472.7−0.019%$8K$9K5xas long as short
Popdex ZECUSDT+0.0096%1h1,472.4−0.040%$173K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0097%8h1,473.1+0.013%$181.5M$1.27B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,472.2−0.049%$14K$842K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.4−0.038%$61K$39K10xas long as short
Nado ZEC-PERPlong+0.0100%1h1,472.9long leg$2.6M$6.6M10x
Hyperliquid ZEC+0.0100%1h1,474.4+0.099%$767.6M$442.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.7−0.014%$14.8M$30.6M75xas long as short
Pacifica ZEC+0.0100%1h1,472.8−0.013%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,473.2+0.014%$680.9M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,472.9−0.002%$271.6M$617.3M75xas long as short
Bulk ZEC-USD+0.0100%1h1,476.6+0.247%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,473.2+0.019%$50.3M$176.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,473.4+0.032%$215.9M$800.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473.4+0.030%$103.5M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,473.2+0.017%$163.7M$283.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,473.3+0.022%$100.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,475.3+0.162%$575K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.8+0.055%$3.0M$443K10xas long as short
ApeX Omni ZECUSDTshort+0.0100%1h1,474.6+0.110%$429K$898K50x
StandX ZEC-USD+0.0100%1h1,473.1+0.013%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.1−0.057%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.3−0.045%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.7−0.151%$457K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,474.2+0.088%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.2−0.048%$243K$3.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,472.3−0.047%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.2+0.019%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,473.1+0.014%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.3−0.043%$48K$162K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0214%1h1,473+0.002%$613K$1.3M25xas long as short
Arcus ZEC-USD+0.0254%1h1,474.1+0.076%$690K$8.6M10xas long as short
Lighter ZEC+0.0264%1h1,474.3+0.094%$19.3M$48.2M20xas long as short
Lighter RH ZEC+0.0296%1h1,474.4+0.097%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,473.1+0.011%$865K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,473.6+0.043%$3.6M$9.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0484%1h1,472.8−0.010%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0737%1h1,474.1+0.078%$44K$46K10xas long as short