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+0.0103%/8h= +11.3% APRnext payment +$0.13 per $10,000 · paid last 24h +0.085%
Price spread now: gTrade (Gains Network) against ApeX Omni+0.246%67s7-day average +0.162% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2872.869% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.331%+$33 on $10k
Price spread, last 3 days (all we have)+0.668%+$67 · spread now +0.246%, 7d avg +0.162%
Together, before fees+0.999%+$100 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 gTrade (Gains Network) is 0.084% dearer against ApeX Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.162%. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZECUSDT1,469.5−0.0097get 0.0012% / 1h40m 09s$431K$831K50x
ShortgTrade (Gains Network) ZEC/USD1,473.1L +0.0007% / S −0.0006%get 0.0001% / 1h40m 09s$5.2M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
$21.68
Price spread: +0.246% → +0.162%
$8.38
Slippage, 4 orders
−$266.89
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$256.83
Costs to cover
2.869%
Break-even
89.9 days
Slippage from ApeX Omni: live order book, 39 min ago; gTrade (Gains Network): virtual book (oracle venue), 4 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, 39 min ago0.10 bp5.5 bp −$629.5 bp −$295doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 4 min ago130.03 bp135.0 bp −$135584.7 bp −$5,847doesn'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%1h1,472+0.172%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,472.7+0.218%$17.9M$44.3M25xas long as short
Ondo Perps ZEC-USD.P−0.0195%1h1,470.5+0.071%$399K$516K5xas long as short
BloFin ZEC-USDT−0.0104%8h1,472.4+0.198%$29.6M$75.4M75xas long as short
Bybit ZECUSDT−0.0099%8h1,471.5+0.137%$274.9M$656.9M75xas long as short
ApeX Omni ZECUSDTlong−0.0097%1h1,469.5long leg$431K$831K50x
Hotstuff ZEC-PERP−0.0080%1h1,473.1+0.245%$6K$2K10xas long as short
Variational Omni ZEC−0.0047%8h1,470.3+0.055%$46.9M$33.7Mas long as short
dYdX ZEC-USD0.0000%1h1,472.6+0.214%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.9+0.306%$903K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,473.3+0.260%$84K$404K10xas long as short
gTrade (Gains Network) ZEC/USDshortL +0.0007% / S −0.0006%1h1,473.1+0.246%$5.2M150x
Orderly PERP_ZEC_USDC+0.0010%8h1,472.8+0.228%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,470.7+0.082%$4.6M$1.6M10xas long as short
01 Exchange ZECUSD+0.0032%1h1,473.1+0.248%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0034%8h1,471.8+0.162%$180.7M$1.35B50xas long as short
Gate ZEC_USDT+0.0046%8h1,472.8+0.225%$50.9M$186.0M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,472.9+0.235%$372K100xas long as short
Lighter ZEC+0.0096%1h1,474.1+0.319%$19.1M$52.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,472.7+0.223%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,471.8+0.157%$13K$837K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.8+0.225%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.8+0.296%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,474+0.310%$764.1M$475.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.7+0.218%$15.0M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,473.6+0.285%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.5+0.207%$682.7M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,474.3+0.327%$718K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,473.1+0.246%$909K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.5+0.207%$231.3M$835.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.5+0.206%$103.9M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.8+0.228%$163.1M$302.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,472.5+0.210%$102.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,469.5+0.001%$513K$9.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.3+0.196%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,472+0.173%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.6+0.214%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.3+0.197%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,471.3+0.123%$449K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475+0.376%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.6+0.211%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.6+0.149%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.1+0.248%$3.9M$5.3M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0103%1h1,473.8+0.295%$615K$1.3M25xas long as short
Extended ZEC-USD+0.0104%1h1,473.1+0.250%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.4+0.204%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,473.4+0.272%$826K$1.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,475.8+0.431%$3.8M$10.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0438%1h1,473.5+0.278%$2.4M$3.7M15xas long as short
Lighter RH ZEC+0.0504%1h1,474.7+0.355%$2.0M$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0683%1h1,473+0.243%$46K$47K10xas long as short