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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:03 UTC+0.0007%/8h= +0.8% APRpaid last 24h −0.075%
Price spread now: ApeX Omni against Perpl+0.231%7-day average −0.114% · 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−1.023%−$102 on $10k
Price spread, last 3 days (all we have)−0.589%−$59 · spread now +0.231%, 7d avg −0.114%
Together, before fees−1.612%+ Points / potential airdropPerpl: Active · farm board−$161 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 0.345% dearer against Perpl than usual: you sell high and buy low, +$35 on $10k if it goes back to its 7-day average of −0.114%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl ZEC1,463.20get 0.0000% / 43m8m 36s$83K$404K10x
ShortApeX Omni ZECUSDT1,466.50.0007get 0.0001% / 1h38m 36s$431K$820K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Perpl. 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
$1.46
Price spread: +0.231% → −0.114%
$34.55
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$12.21
Costs to cover
0.238%
Break-even
from the start
Slippage unknown: Perpl: no order-book sample; ApeX Omni: live order book, 45 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 Perpl no order-book sample
Sell ApeX Omni live order book, 45 min ago2.89 bp24.8 bp −$2547.3 bp −$473doesn't fitdoesn't fit
Perpl: 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−0.3310%1h1,465.8+0.178%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,463.1−0.002%$17.8M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0245%1h1,466+0.195%$398K$520K5xas long as short
BloFin ZEC-USDT−0.0088%8h1,462.7−0.034%$29.1M$75.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,462−0.077%$6K$2K10xas long as short
Bybit ZECUSDT−0.0051%8h1,461.7−0.098%$270.9M$673.6M75xas long as short
Variational Omni ZEC−0.0026%8h1,465.3+0.144%$46.6M$34.0Mas long as short
dYdX ZEC-USD0.0000%1h1,462.6−0.037%$412K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,464.4+0.085%$887K$5.7M2.2xas long as short
Perpl ZEClong0.0000%43m1,463.2long leg$83K$404K10x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,463.8+0.046%$596K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,464.1+0.064%$5.2M150xas long as short
ApeX Omni ZECUSDTshort+0.0007%1h1,466.5+0.231%$431K$820K50x
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,463.9+0.051%$541K100xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,463.2+0.002%$292K$1.5M20xas long as short
Bulk ZEC-USD+0.0030%1h1,466+0.196%$905K$27K10xas long as short
Gate ZEC_USDT+0.0044%8h1,462.1−0.072%$49.9M$184.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0045%8h1,462.2−0.068%$175.6M$1.35B50xas long as short
01 Exchange ZECUSD+0.0056%1h1,462.3−0.056%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,468.3+0.355%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,462.5−0.043%$14K$862K10xas long as short
Popdex ZECUSDT+0.0096%1h1,462−0.077%$173K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,462.3−0.056%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,463.3+0.009%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462.9−0.017%$758.1M$484.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,462−0.078%$15.6M$33.3M75xas long as short
Pacifica ZEC+0.0100%1h1,462.8−0.027%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,462.2−0.065%$673.7M$2.50B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,462.4−0.054%$221.0M$858.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,462.3−0.058%$103.0M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,462.2−0.065%$161.7M$307.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,462.5−0.044%$103.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,465.9+0.186%$510K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,464.7+0.103%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,465.4+0.153%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,463.6+0.031%$344K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.6+0.030%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,461.8−0.095%$447K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,465.2+0.142%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,462.9−0.020%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,462.5−0.042%$2.5M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,463.7+0.039%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,462.9−0.014%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,463.7+0.041%$36K$367K20xas long as short
Lighter ZEC+0.0112%1h1,464+0.061%$18.9M$52.5M20xas long as short
RISEx ZEC/USDC+0.0190%1h1,462.3−0.055%$841K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0213%1h1,463−0.011%$2.3M$3.9M15xas long as short
Lighter RH ZEC+0.0392%1h1,464.1+0.065%$2.0M$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,466.4+0.219%$3.7M$11.7M50xas long as short
Arcus ZEC-USD+0.0444%1h1,463.6+0.033%$739K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0529%1h1,465.8+0.184%$41K$34K10xas long as short