Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.124%
Price spread now: Backpack against ApeX Omni−0.201%7-day average +0.491% · you buy dearer than you sell
Net, funding: paid 7d − costs+$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days+0.843%+$84 on $10k
+Price spread, last 7 days−0.596%−$60 · spread now −0.201%, 7d avg +0.491%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.692% cheaper against ApeX Omni than usual: you would sell low and buy high, −$69 on $10k if it goes back to its 7-day average of +0.491%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ZECUSDT | 1,458.8 | 0.0100 | pay 0.0013% / 1h | 22m 34s | $455K | $800K | 50x |
| Short | Backpack ZEC_USDC_PERP | 1,455.8 | 0.0100 | get 0.0013% / 1h | 22m 34s | $2.3M | $4.1M | 15x |
ApeX Omni ZECUSDT
Backpack ZEC_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack 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
- $0
- Price spread: −0.201% → +0.491%
- −$69.21
- Slippage, 4 orders
- −$29.95
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$119.16
- Costs to cover
- 0.499%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 66 min ago; Backpack: 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, 66 min ago | 4.31 bp | 9.3 bp −$9 | 31.9 bp −$319 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 2 min ago | 0.03 bp | 9.7 bp −$10 | 26.0 bp −$260 | 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 | −0.3476% | 1h | 1,433.1 | −1.756% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0086% | 8h | 1,454.8 | −0.270% | $28.6M | $75.4M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,455.2 | −0.245% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,454.6 | −0.283% | $17.7M | $44.7M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,455.1 | −0.253% | $410K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,455.4 | −0.233% | $933K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,454.4 | −0.297% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,455.4 | −0.232% | $592K | $1.3M | 25x | as long as short |
| Variational Omni ZEC | +0.0005% | 8h | 1,459.3 | +0.036% | $45.7M | $33.1M | — | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,455.1 | −0.252% | $5.2M | — | 150x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
Variational Omni ZEC
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZECUSDT | +0.0009% | 8h | 1,455.5 | −0.224% | $267.7M | $677.1M | 75x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0016% | 8h | 1,454.7 | −0.280% | $292K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0023% / S +0.0072% | 1h | 1,454.6 | −0.282% | $565K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,455.7 | −0.211% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0060% | 8h | 1,456.1 | −0.180% | $172.9M | $1.36B | 50x | as long as short |
| Gate ZEC_USDT | +0.0077% | 8h | 1,455.4 | −0.233% | $49.4M | $190.3M | 75x | as long as short |
| Aster ZECUSDT | +0.0092% | 8h | 1,455.4 | −0.227% | $15.3M | $34.5M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,455.5 | −0.226% | $13K | $871K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,456.7 | −0.143% | $18.8M | $54.5M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,455.4 | −0.227% | $173K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,455.6 | −0.217% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,455.6 | −0.214% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,456.1 | −0.182% | $752.6M | $493.9M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,455.8 | −0.202% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,455.4 | −0.227% | $663.6M | $2.53B | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,458.6 | −0.010% | $395K | $522K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,445 | −0.942% | $890K | $32K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,455.1 | −0.250% | $215.7M | $896.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,455.6 | −0.219% | $103.0M | $57.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,455.2 | −0.245% | $160.9M | $313.2M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,454 | −0.323% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERPshort | +0.0100% | 1h | 1,455.8 | −0.201% | $2.3M | $4.1M | 15x | |
| edgeX ZECUSDC | +0.0100% | 4h | 1,457.3 | −0.096% | $490K | $9.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,459.6 | +0.060% | $3.0M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDTlong | +0.0100% | 1h | 1,458.8 | long leg | $455K | $800K | 50x | |
| StandX ZEC-USD | +0.0100% | 1h | 1,456.6 | −0.145% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,454.3 | −0.305% | $346K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,454.3 | −0.305% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,453.5 | −0.357% | $442K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,456.8 | −0.134% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,454.9 | −0.265% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,455.2 | −0.243% | $2.4M | $25.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,455.2 | −0.246% | $3.8M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,460.3 | +0.109% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,455.7 | −0.212% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,454.5 | −0.288% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,456 | −0.189% | $868K | $1.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,456.5 | −0.152% | $3.7M | $11.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0448% | 1h | 1,454.9 | −0.264% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,456.9 | −0.127% | $752K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0648% | 1h | 1,457.7 | −0.073% | $1.9M | $8.5M | 10x | as long as short |
Bybit ZECUSDT
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Aster ZECUSDT
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC