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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0013%/8h= −1.4% APRnext payment $0.02 per $10,000 · paid last 24h −0.072%
Price spread now: ApeX Omni against Ondo Perps+0.286%52s7-day average −0.125% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−1.170%−$117 on $10k
Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.286%, 7d avg −0.125%
Together, before fees−1.321%+ Points / potential airdropOndo Perps: Active · farm board−$132 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.411% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.286% now, against its 7-day average of −0.125%): +$41 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 4 months. At the pace of the last 7 days (−1.170% in total) that is about 2.5 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZEC-USD.P1,445.90.0100pay 0.0013% / 1h34m 35s$394K$431K5x
ShortApeX Omni ZECUSDT1,4500.0087get 0.0011% / 1h34m 35s$407K$904K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Ondo Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$2.65
Price spread: +0.286% → −0.125%
$41.14
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$23.48
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; ApeX Omni: live order book, 29 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell ApeX Omni live order book, 29 min ago4.56 bp13.4 bp −$1336.7 bp −$367doesn't fitdoesn't fit
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1,451.4+0.378%$33K$272K12xas long as short
BloFin ZEC-USDT−0.0080%8h1,453.2+0.503%$29.5M$70.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,452.2+0.436%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,451.6+0.393%$409K$44K5xas long as short
Kalshi KXZECPERP0.0000%8h1,452.1+0.432%$1.3M$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,451.9+0.414%$83K$248K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452.5+0.459%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0041%8h1,453.3+0.508%$290K$979K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0053% / S −0.0009%1h1,452.4+0.452%$375K100xas long as short
Phoenix ZEC+0.0074%1h1,449.2+0.228%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni ZECUSDTshort+0.0087%1h1,450+0.286%$407K$904K50x
Popdex ZECUSDT+0.0096%1h1,452.3+0.445%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,450.6+0.323%$14K$854K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,452+0.422%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,452.9+0.484%$2.5M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,454.1+0.567%$756.7M$433.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,453.1+0.497%$14.4M$28.8M75xas long as short
Pacifica ZEC+0.0100%1h1,452.3+0.442%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,452.1+0.426%$664.9M$2.26B75xas long as short
Bybit ZECUSDT+0.0100%8h1,451.6+0.391%$266.1M$610.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,451.8+0.406%$179.3M$1.24B50xas long as short
Ondo Perps ZEC-USD.Plong+0.0100%1h1,445.9long leg$394K$431K5x
Bulk ZEC-USD+0.0100%1h1,451.2+0.368%$879K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,452+0.422%$49.4M$172.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,452.2+0.433%$213.0M$774.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,452+0.425%$102.0M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,452+0.421%$161.2M$277.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,452.2+0.438%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,453.9+0.553%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,448.7+0.195%$46.8M$32.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,449.1+0.219%$564K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,449.1+0.218%$3.0M$419K10xas long as short
StandX ZEC-USD+0.0100%1h1,448.7+0.193%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451.8+0.408%$323K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,452.6+0.466%$160K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451.7+0.403%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,455.2+0.644%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,453.4+0.519%$232K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,451.5+0.385%$2.6M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,453.5+0.527%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,451.3+0.376%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,453+0.488%$47K$156K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,453+0.492%$8K$7K5xas long as short
Lighter ZEC+0.0192%1h1,453.2+0.503%$19.0M$46.4M20xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,453.4+0.522%$17.9M$44.5M25xas long as short
Arcus ZEC-USD+0.0277%1h1,454.1+0.569%$716K$8.5M10xas long as short
Lighter RH ZEC+0.0352%1h1,454.4+0.587%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,452.6+0.460%$829K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,453.9+0.550%$3.7M$9.1M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0461%1h1,454+0.562%$611K$1.3M25xas long as short
Aftermath Perps ZECUSD+0.0711%1h1,453.4+0.520%$43K$46K10xas long as short