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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.100%
Price spread now: KuCoin against ApeX Omni+0.033%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs+$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$460.463% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.931%+$93 on $10k
Price spread, last 7 days+0.060%+$6 · spread now +0.033%, 7d avg +0.122%
Together, before fees+0.991%+$99 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: KuCoin is 0.089% cheaper against ApeX Omni than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.122%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZECUSDT1,450.30.0100pay 0.0013% / 1h1m 07s$408K$911K50x
ShortKuCoin ZECUSDTM1,450.80.0100get 0.0100% / 8h5h 01m$102.0M$55.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: +0.033% → +0.122%
−$8.92
Slippage, 4 orders
−$24.32
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$55.24
Costs to cover
0.463%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 63 min ago; KuCoin: live order book, 3 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, 63 min ago4.56 bp10.5 bp −$1134.5 bp −$345doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago1.10 bp10.2 bp −$1014.6 bp −$146doesn'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−0.3244%1h1,450.8+0.036%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,450.8+0.037%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0077%8h1,450.7+0.028%$29.3M$70.4M75xas long as short
dYdX ZEC-USD0.0000%1h1,450−0.020%$408K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,451+0.048%$1.5M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,449.5−0.052%$83K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,450.2−0.007%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0056%8h1,450.5+0.012%$290K$960K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0062% / S −0.0012%1h1,450.1−0.013%$407K100xas long as short
Phoenix ZEC+0.0074%1h1,451.2+0.063%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,450.1−0.015%$172K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,450.2−0.006%$11K$876K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,450.8+0.032%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,450.3+0.001%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,451.7+0.097%$754.8M$434.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,450.4+0.010%$14.4M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,450.7+0.028%$1.6M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,451.1+0.053%$665.5M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,451.1+0.055%$262.4M$603.5M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,450.9+0.043%$177.6M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,449.7−0.041%$395K$449K5xas long as short
Bulk ZEC-USD+0.0100%1h1,450−0.020%$876K$23K10xas long as short
Gate ZEC_USDT+0.0100%8h1,450.6+0.023%$49.8M$176.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,450.7+0.029%$220.5M$783.5M150xas long as short
KuCoin ZECUSDTMshort+0.0100%8h1,450.8+0.033%$102.0M$55.2M75x
Bitget ZECUSDT+0.0100%8h1,451+0.048%$161.7M$272.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,450.7+0.026%$96.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,451.3+0.072%$2.5M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,449.7−0.040%$47.4M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,450.5+0.013%$564K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,450.5+0.012%$3.0M$432K10xas long as short
ApeX Omni ZECUSDTlong+0.0100%1h1,450.3long leg$408K$911K50x
StandX ZEC-USD+0.0100%1h1,450.4+0.006%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,450−0.020%$367K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,450.3+0.003%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,449.5−0.055%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,453.2+0.201%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,450.6+0.023%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,450.9+0.041%$2.7M$18.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,450.8+0.038%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,450.4+0.005%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,450.2−0.009%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0128%1h1,450.7+0.029%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,450.3+0.003%$18.0M$44.5M25xas long as short
Lighter ZEC+0.0240%1h1,452.2+0.129%$19.0M$46.9M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0277%1h1,451.2+0.061%$609K$1.3M25xas long as short
Arcus ZEC-USD+0.0277%1h1,452.3+0.140%$725K$8.3M10xas long as short
Lighter RH ZEC+0.0368%1h1,452.5+0.150%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,450.9+0.041%$829K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,452+0.120%$3.7M$8.9M50xas long as short
Aftermath Perps ZECUSD+0.0680%1h1,452+0.120%$44K$49K10xas long as short