Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h +0.056%
Price spread now: Orderly against ApeX Omni+0.109%50s7-day average +0.147% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.822%+$82 on $10k
+Price spread, last 4 days (all we have)+0.572%+$57 · spread now +0.109%, 7d avg +0.147%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.038% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.147%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.822%, so the current rate has only just turned against you. The two prices were read 50 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 | 1,507.8 | 0.0100 | pay 0.0013% / 1h | 11m 36s | $415K | $947K | 50x |
| Short | Orderly PERP_ZEC_USDC | 1,509.4 | 0.0083 | get 0.0083% / 8h | 11m 36s | $304K | $864K | 20x |
ApeX Omni ZECUSDT
Orderly PERP_ZEC_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$3.61
- Price spread: +0.109% → +0.147%
- −$3.81
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$23.42
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 27 min ago; Orderly: no order-book sample. Net counts fees only.
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, 27 min ago | 4.29 bp | 9.3 bp −$9 | 32.2 bp −$322 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.3442% | 1h | 1,490.6 | −1.137% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,507.7 | −0.006% | $62K | $303K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0179% | 8h | 1,507.4 | −0.027% | $31.1M | $76.3M | 75x | as long as short |
| Bulk ZEC-USD | −0.0108% | 1h | 1,495.7 | −0.800% | $810K | $100K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0088% | 1h | 1,504.1 | −0.243% | $48K | $58K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,509.7 | +0.126% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,508.6 | +0.055% | $419K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,510.5 | +0.183% | $1.5M | $4.4M | 2.2x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,509.9 | +0.143% | $689K | $1.4M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,509 | +0.082% | $5.4M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
BloFin ZEC-USDT
Bulk ZEC-USD
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZECUSD | +0.0012% | 1h | 1,509.8 | +0.135% | $18.1M | $47.3M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0065% | 1h | 1,507.4 | −0.025% | $412K | $559K | 5x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,509.4 | +0.111% | $8K | $6K | 5x | as long as short |
| Orderly PERP_ZEC_USDCshort | +0.0083% | 8h | 1,509.4 | +0.109% | $304K | $864K | 20x | |
| Phoenix ZEC | +0.0096% | 1h | 1,508.1 | +0.023% | $4.8M | $1.4M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,509.4 | +0.108% | $176K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,509 | +0.078% | $14K | $892K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,509.5 | +0.115% | $62K | $19K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,509 | +0.083% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,510.6 | +0.188% | $791.4M | $443.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,508.9 | +0.074% | $14.1M | $30.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,509.9 | +0.140% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,509.5 | +0.114% | $706.1M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,508.4 | +0.043% | $272.6M | $620.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,508.8 | +0.065% | $184.3M | $1.36B | 50x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,509.3 | +0.099% | $58.9M | $187.5M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,509.4 | +0.105% | $239.8M | $808.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,510.1 | +0.157% | $103.8M | $56.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,509.5 | +0.115% | $163.5M | $290.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,509.3 | +0.101% | — | $118.0M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,501.9 | −0.388% | $49.1M | $34.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,504.8 | −0.200% | $576K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,508.8 | +0.070% | $3.1M | $519K | 10x | as long as short |
| ApeX Omni ZECUSDTlong | +0.0100% | 1h | 1,507.8 | long leg | $415K | $947K | 50x | |
| StandX ZEC-USD | +0.0100% | 1h | 1,509 | +0.084% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,508.7 | +0.062% | $363K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,508.8 | +0.066% | $168K | $189K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,508.4 | +0.041% | $460K | $438K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,511.4 | +0.238% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,509.5 | +0.115% | $255K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,509.1 | +0.089% | $2.7M | $20.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,509.2 | +0.096% | $4.0M | $4.9M | 50x | as long as short |
| Lighter RH ZEC | +0.0104% | 1h | 1,510.7 | +0.192% | $2.1M | $7.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,509.3 | +0.103% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,509.5 | +0.112% | $43K | $151K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0128% | 1h | 1,509.5 | +0.112% | $950K | $1.1M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0147% / S −0.0146% | 1h | 1,508.9 | +0.076% | $335K | — | 100x | as long as short |
| Lighter ZEC | +0.0184% | 1h | 1,510.6 | +0.185% | $19.9M | $46.5M | 20x | as long as short |
| Arcus ZEC-USD | +0.0403% | 1h | 1,509.7 | +0.130% | $608K | $8.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,510.8 | +0.202% | $3.7M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0492% | 1h | 1,509.9 | +0.143% | $2.4M | $3.8M | 15x | as long as short |
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
01 Exchange ZECUSD
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
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
Lighter RH ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP