Funding you earn now, next payment 00:00 UTC+0.0049%/8h= +5.3% APRpaid last 24h +0.105%
Price spread now: Gate against ApeX Omni−0.195%96s7-day average +0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs+$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$370.373% of the position
Funding, last 7 days+0.911%+$91 on $10k
+Price spread, last 7 days+0.290%+$29 · spread now −0.195%, 7d avg +0.133%
=Funding pays, the price is against you. Gate is 0.328% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.195% now, against its 7-day average of +0.133%). If the spread goes back, that is −$33 on $10k: about 22 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.911% in total) that is about 2.5 days. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ZECUSDT | 1,470.3 | −0.0006 | get 0.0001% / 1h | 23m 51s | $431K | $842K | 50x |
| Short | Gate ZEC_USDT | 1,467.4 | 0.0043 | get 0.0043% / 8h | 23m 51s | $50.5M | $186.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.22
- Price spread: −0.195% → +0.133%
- −$32.8
- Slippage, 4 orders
- −$12.28
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$59.86
- Costs to cover
- 0.373%
- Break-even
- 48.0 days
Slippage from ApeX Omni: live order book, 55 min ago; Gate: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 55 min ago | 0.10 bp | 5.5 bp −$6 | 29.5 bp −$295 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 0.37 bp | 10.9 bp −$11 | 15.8 bp −$158 | 28.7 bp −$2,870 | 53.4 bp −$26.7K |
ZEC on 51 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3089% | 1h | 1,472.9 | +0.182% | $34K | $275K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0270% | 1h | 1,466.3 | −0.269% | $399K | $518K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0225% | 1h | 1,467.8 | −0.170% | $17.9M | $44.4M | 25x | as long as short |
| Bybit ZECUSDT | −0.0116% | 8h | 1,467 | −0.221% | $274.2M | $654.0M | 75x | as long as short |
| BloFin ZEC-USDT | −0.0102% | 8h | 1,470.8 | +0.038% | $29.7M | $75.1M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,467.3 | −0.200% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0060% | 8h | 1,471.8 | +0.102% | $46.8M | $33.9M | — | as long as short |
| ApeX Omni ZECUSDTlong | −0.0006% | 1h | 1,470.3 | long leg | $431K | $842K | 50x | |
| dYdX ZEC-USD | 0.0000% | 1h | 1,467.6 | −0.184% | $413K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,469.7 | −0.038% | $956K | $5.6M | 2.2x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,466.5 | −0.257% | $83K | $407K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,467.6 | −0.179% | $612K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,467.4 | −0.198% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0014% | 8h | 1,466.8 | −0.233% | $294K | $1.4M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0016% | 1h | 1,466.9 | −0.232% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,470.8 | +0.035% | $4.6M | $1.6M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0039% | 8h | 1,467.5 | −0.190% | $180.3M | $1.34B | 50x | as long as short |
| Gate ZEC_USDTshort | +0.0043% | 8h | 1,467.4 | −0.195% | $50.5M | $186.9M | 75x | |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0054% / S −0.0010% | 1h | 1,467.1 | −0.213% | $371K | — | 100x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,469 | −0.086% | $19.1M | $52.5M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,466.9 | −0.229% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,466.1 | −0.286% | $13K | $834K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,467 | −0.225% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,467.7 | −0.175% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,468.4 | −0.125% | $761.2M | $472.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,467.3 | −0.204% | $14.9M | $32.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,468.3 | −0.133% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,467.5 | −0.190% | $682.6M | $2.46B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,468.7 | −0.109% | $701K | $8.4M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,469.8 | −0.034% | $894K | $39K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,467.4 | −0.195% | $231.5M | $839.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,467.3 | −0.203% | $103.3M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,467.5 | −0.190% | $162.7M | $301.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,467.6 | −0.183% | — | $102.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,470.6 | +0.022% | $513K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,473.2 | +0.197% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,471.9 | +0.111% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,466.9 | −0.229% | $342K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,466.8 | −0.238% | $127K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,465.4 | −0.328% | $457K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,469 | −0.086% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,467.4 | −0.195% | $237K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,466.6 | −0.250% | $2.5M | $22.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,468.1 | −0.149% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,467.6 | −0.179% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,466.5 | −0.255% | $37K | $366K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,467.5 | −0.187% | $823K | $1.2M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0411% | 1h | 1,468 | −0.153% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,469.4 | −0.060% | $3.8M | $10.6M | 50x | as long as short |
| Lighter RH ZEC | +0.0456% | 1h | 1,469.7 | −0.037% | $2.0M | $8.4M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0730% | 1h | 1,470.7 | +0.033% | $45K | $47K | 10x | as long as short |
ApeX Omni ZECUSDT
Gate ZEC_USDT
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
BloFin ZEC-USDT
Variational Omni ZEC
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Phoenix ZEC
OKX ZEC-USDT-SWAP
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD