Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.079%
Price spread now: Aevo against ApeX Omni+0.633%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs+$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$640.641% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.082%+$108 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.633%, 7d avg +0.140%
Together, before fees+1.121%+$112 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: Aevo is 0.493% dearer against ApeX Omni than usual: you sell high and buy low, +$49 on $10k if it goes back to its 7-day average of +0.140%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZECUSDT1,494.60.0100pay 0.0013% / 1h18m 29s$411K$946K50x
ShortAevo ZEC-PERP1,5040.0104get 0.0013% / 1h18m 29s$43K$151K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: +0.633% → +0.140%
$49.3
Slippage, 4 orders
−$38.12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$13.98
Costs to cover
0.641%
Break-even
123.5 days
Slippage from ApeX Omni: live order book, 20 min ago; Aevo: live order book, 20 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 ApeX Omni live order book, 20 min ago4.29 bp9.3 bp −$932.2 bp −$322doesn't fitdoesn't fit
Sell Aevo live order book, 20 min ago6.99 bp28.3 bp −$2842.8 bp −$428doesn'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−0.3442%1h1,479.6−1.004%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,500.7+0.408%$61K$303K10xas long as short
BloFin ZEC-USDT−0.0148%8h1,504.3+0.648%$31.3M$76.0M75xas long as short
Bulk ZEC-USD−0.0108%1h1,495.7+0.075%$810K$100K10xas long as short
Aftermath Perps ZECUSD−0.0106%1h1,495.9+0.088%$48K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,503.4+0.587%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,503.9+0.622%$418K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,499.2+0.307%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,503+0.563%$5.4M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,504.9+0.689%$18.1M$47.1M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ZEC-USD.P+0.0043%1h1,498+0.228%$408K$555K5xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,503.6+0.604%$303K$864K20xas long as short
01 Exchange ZECUSD+0.0088%1h1,503.5+0.599%$8K$6K5xas long as short
Phoenix ZEC+0.0096%1h1,496+0.095%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,503+0.563%$183K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,503.5+0.595%$12K$891K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,503.7+0.612%$62K$20K10xas long as short
Nado ZEC-PERP+0.0100%1h1,504.7+0.678%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,505.2+0.710%$786.3M$439.3M10xas long as short
Aster ZECUSDT+0.0100%8h1,503+0.564%$14.0M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,503.8+0.616%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,503.1+0.569%$703.2M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,502.7+0.543%$270.1M$618.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,502.7+0.544%$183.4M$1.34B50xas long as short
Gate ZEC_USDT+0.0100%8h1,503.1+0.571%$56.8M$185.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,503.3+0.584%$243.5M$804.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,504.3+0.646%$103.3M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,503+0.563%$162.5M$289.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,503.3+0.580%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,495.2+0.040%$48.9M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,493.9−0.045%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,496.3+0.114%$3.1M$510K10xas long as short
ApeX Omni ZECUSDTlong+0.0100%1h1,494.6long leg$411K$946K50x
StandX ZEC-USD+0.0100%1h1,502.4+0.521%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,503+0.563%$361K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,502.8+0.552%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,502.8+0.548%$459K$469K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,506.5+0.799%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,504.2+0.644%$254K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,503.6+0.601%$2.7M$20.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,504.2+0.642%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,503.4+0.590%$2.8M$7.9M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,504+0.633%$43K$151K20x
Lighter RH ZEC+0.0112%1h1,504.8+0.680%$2.1M$7.4M10xas long as short
RISEx ZEC/USDC+0.0128%1h1,503.5+0.599%$946K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0145% / S −0.0143%1h1,504.5+0.661%$334K100xas long as short
Lighter ZEC+0.0216%1h1,505+0.697%$20.0M$45.7M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0226%1h1,504.9+0.688%$687K$1.4M25xas long as short
Arcus ZEC-USD+0.0403%1h1,504.3+0.651%$610K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,504.8+0.686%$3.7M$9.9M50xas long as short
Backpack ZEC_USDC_PERP+0.0538%1h1,504.7+0.679%$2.3M$3.8M15xas long as short