ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0244%/8h= −26.7% APRnext payment −$0.30 per $10,000 · paid last 24h −0.126%

Price spread now: ApeX Omni against Arcus−0.371%53s7-day average −0.176% · you buy dearer than you sell

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−$280.279% of the position

Long on Arcus Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.583%−$58 on $10k

Price spread, last 7 days+0.210%+$21 · spread now −0.371%, 7d avg −0.176%

Together, before fees−0.373%−$37 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and ApeX Omni is 0.195% cheaper against Arcus than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.176%). Swap the legs. The two prices were read 53 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	Arcus ZEC-USD	1,462.6	0.0344	pay 0.0043% / 1h	19m 57s	$688K	$8.2M	10x
Short	ApeX Omni ZECUSDT	1,457.2	0.0100	get 0.0013% / 1h	19m 57s	$402K	$943K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Arcus. 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

Position, each leg$Hold fordaysFee ArcusbpFee ApeX OmnibpOrdersPrice spread, now −0.371%Rate

Funding earned: −$51.15
Price spread: −0.371% → −0.176%: −$19.47
Slippage, 4 orders: −$13.45
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$98.57
Costs to cover: 0.279%
Break-even: never at this rate

Slippage from Arcus: live order book, 4 min ago; ApeX Omni: live order book, 34 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 Arcus live order book, 4 min ago	0.00 bp	8.2 bp −$8	11.0 bp −$110	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 34 min ago	2.61 bp	9.0 bp −$9	33.3 bp −$333	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	−0.3042%	1h	1,441.9	−1.416%	$33K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,461	−0.111%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0071%	8h	1,460	−0.178%	$29.5M	$70.7M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,461	−0.112%	$411K	$35K	5x	as long as short
Perpl ZEC	0.0000%	43m	1,459.7	−0.195%	$83K	$239K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,459.6	−0.206%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0063%	8h	1,459.8	−0.188%	$292K	$927K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0085% / S −0.0036%	1h	1,459.6	−0.204%	$434K	—	100x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,460.8	−0.122%	$174K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,461	−0.106%	$14K	$810K	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex ZEC-USD-PERP	+0.0100%	8h	1,461.7	−0.058%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,461.4	−0.081%	$2.8M	$6.5M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,460.5	−0.140%	$14.6M	$27.8M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,461.5	−0.074%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,460.4	−0.150%	$671.9M	$2.18B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,460	−0.179%	$261.4M	$589.9M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,460.1	−0.172%	$179.0M	$1.21B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,456.9	−0.389%	$396K	$434K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,457.9	−0.321%	$881K	$17K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,460.4	−0.150%	$51.8M	$172.1M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,460.3	−0.154%	$219.2M	$771.6M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,460.3	−0.158%	$103.0M	$53.1M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,460.6	−0.134%	$165.9M	$268.3M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,460	−0.175%	—	$107.0M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,459.8	−0.192%	$47.8M	$32.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,457.5	−0.348%	$567K	$8.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,456.6	−0.412%	$3.0M	$463K	10x	as long as short
ApeX Omni ZECUSDTshort	+0.0100%	1h	1,457.2	−0.371%	$402K	$943K	50x
StandX ZEC-USD	+0.0100%	1h	1,460.5	−0.141%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,460.3	−0.156%	$355K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,459.5	−0.212%	$161K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,458.8	−0.257%	$445K	$504K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,463.1	+0.037%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,459.9	−0.186%	$234K	$3.2M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,459	−0.243%	$2.7M	$18.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,460.5	−0.142%	$3.8M	$4.9M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,460.1	−0.170%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,459.4	−0.219%	$47K	$151K	20x	as long as short
Phoenix ZEC	+0.0116%	1h	1,457.6	−0.344%	$4.6M	$1.3M	10x	as long as short
Lighter RH ZEC	+0.0120%	1h	1,461.1	−0.101%	$2.1M	$7.0M	10x	as long as short
01 Exchange ZECUSD	+0.0120%	1h	1,461.7	−0.061%	$8K	$7K	5x	as long as short
Hyperliquid ZEC	+0.0144%	1h	1,461.1	−0.102%	$761.2M	$424.5M	10x	as long as short
Lighter ZEC	+0.0160%	1h	1,461.2	−0.096%	$19.4M	$45.2M	20x	as long as short
Kalshi KXZECPERP	+0.0192%	8h	1,460	−0.178%	$1.5M	$4.4M	2.2x	as long as short
RISEx ZEC/USDC	+0.0216%	1h	1,461.4	−0.079%	$924K	$1.1M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0227%	1h	1,460.5	−0.142%	$2.4M	$3.8M	15x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0241%	1h	1,460.6	−0.139%	$615K	$1.3M	25x	as long as short
Kraken Futures PF_ZECUSD	+0.0332%	1h	1,459.7	−0.196%	$18.1M	$45.1M	25x	as long as short
Arcus ZEC-USDlong	+0.0344%	1h	1,462.6	long leg	$688K	$8.2M	10x
Coinbase International ZEC-PERP-INTX	+0.0464%	1h	1,462.1	−0.035%	$3.8M	$9.2M	50x	as long as short
Aftermath Perps ZECUSD	+0.0677%	1h	1,458.6	−0.276%	$45K	$49K	10x	as long as short