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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.089%
Price spread now: Extended against ApeX Omni+0.189%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs+$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$310.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.112%+$111 on $10k
Price spread, last 7 days−0.233%−$23 · spread now +0.189%, 7d avg +0.096%
Together, before fees+0.879%+ Points / potential airdropExtended: Active · farm board+$88 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: Extended is 0.093% dearer against ApeX Omni than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZECUSDT1,504.40.0100pay 0.0013% / 1h16m 40s$414K$946K50x
ShortExtended ZEC-USD1,507.20.0104get 0.0013% / 1h16m 40s$2.8M$7.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against ApeX 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
$0.84
Price spread: +0.189% → +0.096%
$9.33
Slippage, 4 orders
−$16.49
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$21.31
Costs to cover
0.315%
Break-even
184.6 days
Slippage from ApeX Omni: live order book, 22 min ago; Extended: live order book, 2 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 ApeX Omni live order book, 22 min ago4.29 bp9.3 bp −$932.2 bp −$322doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.34 bp8.5 bp −$814.2 bp −$14258.8 bp −$5,877doesn'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−0.3442%1h1,479.6−1.647%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,504−0.022%$62K$303K10xas long as short
BloFin ZEC-USDT−0.0158%8h1,505.2+0.055%$31.3M$76.1M75xas long as short
Bulk ZEC-USD−0.0108%1h1,495.7−0.575%$810K$100K10xas long as short
Aftermath Perps ZECUSD−0.0101%1h1,498.6−0.381%$48K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,503.3−0.072%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,505.6+0.080%$418K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,505.5+0.074%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,505.4+0.068%$5.4M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,505.7+0.087%$18.1M$47.1M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ZEC-USD.P+0.0059%1h1,498−0.423%$411K$555K5xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,505.2+0.057%$303K$864K20xas long as short
01 Exchange ZECUSD+0.0088%1h1,505.4+0.070%$8K$6K5xas long as short
Phoenix ZEC+0.0096%1h1,496−0.555%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,505.2+0.055%$183K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,505.3+0.062%$12K$891K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,505.1+0.047%$62K$20K10xas long as short
Nado ZEC-PERP+0.0100%1h1,505.6+0.081%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,507.7+0.222%$787.5M$439.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,505.3+0.062%$14.1M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,505.8+0.098%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,505.8+0.092%$704.4M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,504.9+0.039%$270.7M$618.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,505+0.045%$184.2M$1.35B50xas long as short
Gate ZEC_USDT+0.0100%8h1,507.1+0.179%$57.6M$186.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,505.5+0.075%$243.2M$804.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,507.2+0.187%$103.4M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,505.5+0.077%$162.8M$289.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,506.3+0.126%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,495.2−0.610%$48.9M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,501.5−0.191%$575K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,503.1−0.087%$3.1M$510K10xas long as short
ApeX Omni ZECUSDTlong+0.0100%1h1,504.4long leg$414K$946K50x
StandX ZEC-USD+0.0100%1h1,503.4−0.062%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,505.2+0.056%$361K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,505.4+0.067%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,502.7−0.110%$459K$469K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,507.4+0.199%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,505.2+0.054%$255K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,504.1−0.016%$2.7M$20.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,505.6+0.080%$4.0M$4.9M50xas long as short
Lighter RH ZEC+0.0104%1h1,506.9+0.167%$2.2M$7.5M10xas long as short
Extended ZEC-USDshort+0.0104%1h1,507.2+0.189%$2.8M$7.9M10x
Aevo ZEC-PERP+0.0104%1h1,505.5+0.075%$43K$151K20xas long as short
RISEx ZEC/USDC+0.0128%1h1,505.5+0.075%$948K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0146% / S −0.0144%1h1,505.5+0.076%$335K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0187%1h1,506.2+0.125%$688K$1.4M25xas long as short
Lighter ZEC+0.0208%1h1,507.3+0.192%$19.8M$46.2M20xas long as short
Arcus ZEC-USD+0.0403%1h1,505.9+0.104%$609K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,505.2+0.055%$3.7M$9.8M50xas long as short
Backpack ZEC_USDC_PERP+0.0514%1h1,505.9+0.102%$2.3M$3.8M15xas long as short