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+0.0113%/8h= +12.4% APRpaid last 24h −0.105%
Price spread now: ApeX Omni against Variational Omni+0.079%58s7-day average −0.102% · 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 3 days (all we have)−0.464%−$46 on $10k
Price spread, last 7 days−0.139%−$14 · spread now +0.079%, 7d avg −0.102%
Together, before fees−0.603%+ Points / potential airdropVariational Omni: Active · farm board−$60 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.181% dearer against Variational Omni than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.102%. Mind the row above: over the last 3 days funding on this pair cost −0.464%, so the current rate has only just turned in your favour. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEC1,472.3−0.0058get 0.0058% / 8h6m 32s$47.5M$34.3M
ShortApeX Omni ZECUSDT1,473.50.0055get 0.0007% / 1h6m 32s$432K$844K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Variational Omni. 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
$23.83
Price spread: +0.079% → −0.102%
$18.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$31.98
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; ApeX Omni: live order book, 7 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 Variational Omni RFQ quote, 3 min ago2.75 bpdoesn't fit5.0 bp −$5010.6 bp −$1,056doesn't fit
Sell ApeX Omni live order book, 7 min ago2.92 bp11.7 bp −$1233.4 bp −$334doesn'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%1h1,474.7+0.164%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0262%1h1,471.7−0.041%$399K$521K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,472.6+0.022%$17.9M$44.0M25xas long as short
Bybit ZECUSDT−0.0116%8h1,471.4−0.062%$274.8M$651.4M75xas long as short
BloFin ZEC-USDT−0.0107%8h1,472.5+0.011%$29.6M$74.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.4+0.007%$6K$2K10xas long as short
Variational Omni ZEClong−0.0058%8h1,472.3long leg$47.5M$34.3M
dYdX ZEC-USD0.0000%1h1,473.1+0.051%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.2+0.061%$959K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,472.6+0.022%$84K$406K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,473.3+0.069%$615K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.8+0.036%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,472.6+0.018%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,472.4+0.007%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,473.6+0.086%$4.7M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0039%8h1,471.8−0.034%$181.5M$1.34B50xas long as short
Gate ZEC_USDT+0.0048%8h1,472.1−0.012%$51.2M$187.8M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,472.6+0.023%$372K100xas long as short
ApeX Omni ZECUSDTshort+0.0055%1h1,473.5+0.079%$432K$844K50x
Lighter ZEC+0.0096%1h1,473.8+0.101%$19.2M$52.6M20xas long as short
Popdex ZECUSDT+0.0096%1h1,472.1−0.016%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,473+0.047%$19K$851K10xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.3+0.001%$238K$4.4M10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.1−0.015%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472.7+0.024%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.4+0.075%$763.2M$472.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.1−0.014%$15.0M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,472.7+0.028%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472−0.018%$683.3M$2.45B75xas long as short
Arcus ZEC-USD+0.0100%1h1,473.7+0.095%$696K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,472.8+0.033%$896K$38K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.2−0.009%$225.9M$845.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.1−0.012%$104.5M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.2−0.009%$163.7M$300.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,472−0.018%$101.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,472.4+0.008%$513K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.4+0.143%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,473.1+0.054%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471.8−0.034%$335K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.1−0.011%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.9−0.098%$458K$508K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475.1+0.188%$3K$1.2M20xas long as short
HTX ZEC-USDT+0.0100%8h1,471.8−0.033%$2.5M$22.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.1+0.051%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,472.3−0.001%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.3+0.002%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,472.8+0.033%$834K$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0399%1h1,473.7+0.094%$2.5M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,474.8+0.171%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0440%1h1,474.4+0.142%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0766%1h1,473.7+0.093%$46K$47K10xas long as short