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 −0.094%
Price spread now: ApeX Omni against Bitget+0.230%7-day average −0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$380.378% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.854%−$85 on $10k
Price spread, last 7 days−0.324%−$32 · spread now +0.230%, 7d avg −0.129%
Together, before fees−1.178%−$118 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: ApeX Omni is 0.359% dearer against Bitget than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of −0.129%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZECUSDT1,465.80.0100pay 0.0100% / 8h5h 57m$162.9M$275.4M75x
ShortApeX Omni ZECUSDT1,469.20.0100get 0.0013% / 1h57m 00s$427K$880K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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: +0.230% → −0.129%
$35.93
Slippage, 4 orders
−$15.81
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$1.88
Costs to cover
0.378%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; ApeX Omni: live order book, 7 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 Bitget live order book, 2 min ago0.03 bp6.6 bp −$711.3 bp −$113doesn't fitdoesn't fit
Sell ApeX Omni live order book, 7 min ago4.56 bp13.4 bp −$1336.7 bp −$367doesn't fitdoesn't fit

ZEC on 50 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%1h1,469.5+0.256%$34K$272K12xas long as short
Ondo Perps ZEC-USD.P−0.0175%1h1,466.9+0.076%$398K$441K5xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.3+0.308%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,466.6+0.055%$413K$47K5xas long as short
Kalshi KXZECPERP0.0000%8h1,466.2+0.027%$972K$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,465.3−0.032%$84K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463.8−0.137%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0033%8h1,463.6−0.149%$292K$984K20xas long as short
Popdex ZECUSDT+0.0040%1h1,466.3+0.035%$173K$1.8M50xas long as short
01 Exchange ZECUSD+0.0048%1h1,466.8+0.070%$8K$8K5xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,464−0.123%$383K100xas long as short
Phoenix ZEC+0.0070%1h1,469.6+0.262%$4.6M$1.4M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0078%1h1,464.6−0.082%$609K$1.3M25xas long as short
Variational Omni ZEC+0.0079%8h1,468.1+0.159%$48.0M$32.4Mas long as short
OKX ZEC-USDT-SWAP+0.0095%8h1,465.6−0.012%$180.5M$1.24B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,466.2+0.028%$16K$845K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,467.1+0.087%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,464.5−0.086%$2.5M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,465.3−0.033%$763.3M$435.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,464.7−0.076%$14.7M$28.9M75xas long as short
Pacifica ZEC+0.0100%1h1,466.7+0.061%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,465.6−0.015%$677.4M$2.25B75xas long as short
Bybit ZECUSDT+0.0100%8h1,465.5−0.017%$271.8M$604.5M75xas long as short
Bulk ZEC-USD+0.0100%1h1,466.6+0.055%$890K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,464.3−0.103%$50.0M$169.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,464.1−0.115%$216.0M$768.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,463.7−0.141%$102.9M$55.7M75xas long as short
Bitget ZECUSDTlong+0.0100%8h1,465.8long leg$162.9M$275.4M75x
BingX ZEC-USDC+0.0100%8h1,464.1−0.115%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,468+0.154%$571K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,469.2+0.231%$3.0M$430K10xas long as short
ApeX Omni ZECUSDTshort+0.0100%1h1,469.2+0.230%$427K$880K50x
StandX ZEC-USD+0.0100%1h1,467.9+0.146%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,465.4−0.026%$342K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.8−0.133%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,462.3−0.236%$446K$512K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,468.8+0.207%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,464.1−0.113%$241K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,464.1−0.116%$2.5M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,464.5−0.087%$3.9M$5.2M50xas long as short
Extended ZEC-USD+0.0104%1h1,465.5−0.019%$2.8M$7.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,463.8−0.137%$48K$155K20xas long as short
Lighter ZEC+0.0136%1h1,465.7−0.002%$19.2M$45.8M20xas long as short
Lighter RH ZEC+0.0144%1h1,466.2+0.030%$2.1M$6.8M10xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,464.1−0.113%$18.0M$43.7M25xas long as short
Backpack ZEC_USDC_PERP+0.0252%1h1,464.9−0.061%$2.4M$3.8M15xas long as short
Arcus ZEC-USD+0.0277%1h1,468.5+0.184%$695K$8.5M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,467.3+0.106%$852K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,465.9+0.011%$3.7M$8.9M50xas long as short
Aftermath Perps ZECUSD+0.0734%1h1,468.6+0.191%$43K$46K10xas long as short