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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.119%
Price spread now: ApeX Omni against Hyperliquid−0.207%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$340.342% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.279%−$128 on $10k
Price spread, last 7 days+0.049%+$5 · spread now −0.207%, 7d avg −0.164%
Together, before fees−1.230%+ Points / potential airdropHyperliquid: Season 2 · farm board−$123 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 0.043% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.164%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ZEC1,459.20.0100pay 0.0013% / 1h10m 57s$758.2M$434.8M10x
ShortApeX Omni ZECUSDT1,456.20.0100get 0.0013% / 1h10m 57s$410K$911K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Hyperliquid. 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: −0.207% → −0.164%
−$4.3
Slippage, 4 orders
−$15.19
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$38.49
Costs to cover
0.342%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 13 min ago; ApeX Omni: live order book, 53 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 Hyperliquid live order book, 13 min ago0.34 bp4.8 bp −$57.1 bp −$71doesn't fitdoesn't fit
Sell ApeX Omni live order book, 53 min ago4.56 bp13.4 bp −$1336.7 bp −$367doesn'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%1h1,441.1−1.238%$33K$272K12xas long as short
BloFin ZEC-USDT−0.0084%8h1,457.8−0.097%$29.4M$70.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,457.5−0.119%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,456.9−0.156%$410K$42K5xas long as short
Kalshi KXZECPERP0.0000%8h1,458.3−0.064%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,456.8−0.166%$83K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.9−0.093%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0052%8h1,458.4−0.058%$292K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,457.5−0.115%$409K100xas long as short
Phoenix ZEC+0.0074%1h1,458.4−0.056%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,457.3−0.133%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,457−0.148%$13K$867K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.3−0.129%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.5−0.116%$2.6M$6.3M10xas long as short
Hyperliquid ZEClong+0.0100%1h1,459.2long leg$758.2M$434.8M10x
Aster ZECUSDT+0.0100%8h1,457.4−0.123%$14.5M$28.1M75xas long as short
Pacifica ZEC+0.0100%1h1,457.5−0.115%$1.7M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.4−0.126%$668.2M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,456.9−0.157%$263.1M$605.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,457.5−0.119%$178.3M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.3−0.267%$396K$437K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5−0.120%$883K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,457.2−0.135%$50.2M$175.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.4−0.122%$213.9M$780.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.5−0.119%$102.1M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457.5−0.114%$161.9M$273.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,457.7−0.101%$96.9Mas long as short
Variational Omni ZEC+0.0100%8h1,456.4−0.193%$47.6M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,456.7−0.172%$567K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.6−0.178%$3.0M$432K10xas long as short
ApeX Omni ZECUSDTshort+0.0100%1h1,456.2−0.207%$410K$911K50x
StandX ZEC-USD+0.0100%1h1,456.6−0.180%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457−0.151%$369K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.8−0.095%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.9−0.156%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,460+0.051%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457.7−0.106%$233K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,456.8−0.168%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,458−0.084%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,457−0.150%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.8−0.096%$47K$153K20xas long as short
Backpack ZEC_USDC_PERP+0.0106%1h1,458.9−0.024%$2.4M$3.8M15xas long as short
01 Exchange ZECUSD+0.0144%1h1,457.6−0.111%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,457.6−0.108%$18.0M$44.6M25xas long as short
Lighter ZEC+0.0248%1h1,459.1−0.008%$19.1M$46.7M20xas long as short
Arcus ZEC-USD+0.0277%1h1,458.6−0.043%$714K$8.5M10xas long as short
Lighter RH ZEC+0.0368%1h1,459.7+0.034%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,457.8−0.097%$834K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,459.8+0.041%$3.7M$9.1M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0476%1h1,459.5+0.018%$613K$1.3M25xas long as short
Aftermath Perps ZECUSD+0.0690%1h1,458.7−0.035%$45K$49K10xas long as short