Funding you earn now, next payment 21:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.23 per $10,000 · paid last 24h +0.125%
Price spread now: Popdex against ApeX Omni+0.383%57s7-day average +0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$460.461% of the position
Funding, last 3 days (all we have)+0.524%+$52 on $10k
+Price spread, last 7 days−0.226%−$23 · spread now +0.383%, 7d avg +0.141%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Popdex is 0.242% dearer against ApeX Omni than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.141%. The two prices were read 57 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 | 1,475.7 | −0.0092 | get 0.0011% / 1h | 32m 24s | $735K | $601K | 50x |
| Short | Popdex ZECUSDT | 1,481.3 | 0.0096 | get 0.0012% / 1h | 32m 24s | $174K | $2.0M | 50x |
ApeX Omni ZECUSDT
Popdex ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- $39.43
- Price spread: +0.383% → +0.141%
- $24.18
- Slippage, 4 orders
- −$29.7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- $17.51
- Costs to cover
- 0.461%
- Break-even
- 3.9 days
Slippage from ApeX Omni: live order book, 17 min ago; Popdex: live order book, 2 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, 17 min ago | 13.01 bp | 18.7 bp −$19 | 47.0 bp −$470 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 2 min ago | 0.75 bp | 4.7 bp −$5 | 11.4 bp −$114 | doesn't fit | doesn't fit |
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 | −0.3181% | 1h | 1,476.9 | +0.081% | $34K | $159K | 12x | as long as short |
| ApeX Omni ZECUSDTlong | −0.0092% | 1h | 1,475.7 | long leg | $735K | $601K | 50x | |
| Variational Omni ZEC | −0.0090% | 8h | 1,479.3 | +0.245% | $47.8M | $30.5M | — | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,481.5 | +0.392% | $6K | $2K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0068% | 8h | 1,481.8 | +0.416% | $29.9M | $78.1M | 75x | as long as short |
| Bybit ZECUSDT | −0.0064% | 8h | 1,480.7 | +0.337% | $277.7M | $691.4M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0052% | 1h | 1,479.2 | +0.235% | $18.0M | $44.9M | 25x | as long as short |
| Orderly PERP_ZEC_USDC | −0.0007% | 8h | 1,479.3 | +0.245% | $287K | $1.5M | 20x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,481.2 | +0.373% | $417K | $107K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,481.5 | +0.395% | $990K | $5.4M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Variational Omni ZEC
Hotstuff ZEC-PERP
BloFin ZEC-USDT
Bybit ZECUSDT
Kraken Futures PF_ZECUSD
Orderly PERP_ZEC_USDC
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,479.6 | +0.266% | $84K | $416K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,480.3 | +0.313% | $5.2M | — | 150x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0015% | 8h | 1,481 | +0.359% | $178.0M | $1.41B | 50x | as long as short |
| Aster ZECUSDT | +0.0039% | 8h | 1,480.8 | +0.343% | $15.3M | $34.7M | 75x | as long as short |
| Phoenix ZEC | +0.0045% | 1h | 1,479.2 | +0.240% | $4.7M | $1.5M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0059% / S +0.0051% | 1h | 1,480.1 | +0.300% | $580K | — | 100x | as long as short |
| MEXC ZEC_USDT | +0.0066% | 8h | 1,480 | +0.292% | $233.5M | $928.3M | 150x | as long as short |
| Binance ZECUSDT | +0.0069% | 8h | 1,480 | +0.291% | $677.8M | $2.57B | 75x | as long as short |
| Gate ZEC_USDT | +0.0069% | 8h | 1,480.2 | +0.308% | $51.2M | $184.9M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,482.4 | +0.454% | $9K | $7K | 5x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0083% | 1h | 1,476.3 | +0.041% | $400K | $538K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0093% | 8h | 1,482.4 | +0.455% | $12K | $886K | 10x | as long as short |
| Polymarket Perps ZEC-USD | +0.0095% | 1h | 1,480.1 | +0.299% | $308K | $2.4M | 10x | as long as short |
| Popdex ZECUSDTshort | +0.0096% | 1h | 1,481.3 | +0.383% | $174K | $2.0M | 50x | |
| Aevo ZEC-PERP | +0.0096% | 1h | 1,479 | +0.223% | $37K | $362K | 20x | as long as short |
| Paradex ZEC-USD-PERP | +0.0099% | 8h | 1,480.7 | +0.337% | $61K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,481.2 | +0.374% | $3.1M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,481.3 | +0.380% | $772.8M | $509.8M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,481.8 | +0.415% | $1.7M | $3.2M | 10x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,480.4 | +0.321% | $104.5M | $58.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,480.4 | +0.321% | $172.7M | $317.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,480 | +0.289% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,482.8 | +0.480% | $2.4M | $3.9M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,476.5 | +0.055% | $495K | $10.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,478.1 | +0.160% | $3.0M | $514K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,478.8 | +0.209% | $111K | $4.8M | 30x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,480 | +0.289% | $130K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,477.5 | +0.124% | $449K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,483.4 | +0.521% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,478.8 | +0.212% | $225K | $4.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,480.1 | +0.297% | $2.4M | $26.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,481 | +0.357% | $3.8M | $5.7M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,481.7 | +0.407% | $914K | $30K | 10x | as long as short |
| RISEx ZEC/USDC | +0.0138% | 1h | 1,481.6 | +0.401% | $873K | $2.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0200% | 1h | 1,483.2 | +0.510% | $1.6M | $7.5M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0228% | 1h | 1,479.9 | +0.285% | $590K | $1.4M | 25x | as long as short |
| Lighter ZEC | +0.0312% | 1h | 1,481.7 | +0.410% | $19.6M | $54.1M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,481.4 | +0.387% | $3.8M | $11.9M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0495% | 1h | 1,477.5 | +0.122% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0538% | 1h | 1,482.6 | +0.466% | $711K | $7.5M | 10x | as long as short |
| Extended ZEC-USD | +0.0592% | 1h | 1,480.2 | +0.305% | $3.9M | $5.2M | 10x | as long as short |
Perpl ZEC
gTrade (Gains Network) ZEC/USD
OKX ZEC-USDT-SWAP
Aster ZECUSDT
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
MEXC ZEC_USDT
Binance ZECUSDT
Gate ZEC_USDT
01 Exchange ZECUSD
Ondo Perps ZEC-USD.P
Katana Perps ZEC-USD
Polymarket Perps ZEC-USD
Aevo ZEC-PERP
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
RISEx ZEC/USDC
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Extended ZEC-USD