ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0396%/8h= +43.4% APRnext payment +$0.50 per $10,000 · paid last 24h +0.163%

Price spread now: Coinbase International against ApeX Omni+0.226%7-day average +0.272% · you sell dearer than you buy

Net, funding: paid 7d − costs+$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$480.477% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+1.122%+$112 on $10k

Price spread, last 4 days (all we have)+0.945%+$95 · spread now +0.226%, 7d avg +0.272%

Together, before fees+2.067%+$207 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.046% cheaper against ApeX Omni than usual: you would sell low and buy high (spread +0.226% now, against its 7-day average of +0.272%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ZECUSDT	1,470.8	0.0100	pay 0.0013% / 1h	30m 51s	$407K	$926K	50x
Short	Coinbase International ZEC-PERP-INTX	1,474.1	0.0496	get 0.0062% / 1h	30m 51s	$3.8M	$9.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.226%Rate

Funding earned: $83.16
Price spread: +0.226% → +0.272%: −$4.58
Slippage, 4 orders: −$27.75
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $30.83
Costs to cover: 0.477%
Break-even: 4.4 days

Slippage from ApeX Omni: live order book, 18 min ago; Coinbase International: live order book, 3 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, 18 min ago	3.95 bp	9.0 bp −$9	34.6 bp −$346	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	2.24 bp	13.7 bp −$14	17.8 bp −$178	50.1 bp −$5,013	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	−0.3243%	1h	1,473.3	+0.169%	$34K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,470.4	−0.024%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0079%	8h	1,472.6	+0.126%	$29.9M	$71.2M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,472.1	+0.089%	$409K	$37K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,472.9	+0.141%	$1.5M	$4.4M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,471.5	+0.048%	$84K	$239K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,472.2	+0.092%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0062%	8h	1,472.6	+0.124%	$294K	$896K	20x	as long as short
01 Exchange ZECUSD	+0.0064%	1h	1,472	+0.085%	$8K	$7K	5x	as long as short
Bybit ZECUSDT	+0.0090%	8h	1,473.5	+0.184%	$261.7M	$588.5M	75x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix ZEC	+0.0092%	1h	1,470.9	+0.007%	$4.7M	$1.3M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,471.7	+0.060%	$174K	$1.6M	50x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0098% / S −0.0051%	1h	1,471.6	+0.056%	$438K	—	100x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,471.3	+0.034%	$13K	$812K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,471.6	+0.055%	$61K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,472	+0.082%	$2.9M	$6.3M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,474.7	+0.266%	$767.8M	$419.2M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,474	+0.218%	$14.4M	$28.0M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,472	+0.079%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,474	+0.220%	$680.2M	$2.16B	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,473.6	+0.188%	$179.0M	$1.21B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,466.9	−0.264%	$399K	$430K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,472.4	+0.110%	$889K	$15K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,473.6	+0.194%	$53.5M	$171.2M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,473.9	+0.208%	$222.7M	$762.5M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,474.1	+0.224%	$103.6M	$52.5M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,473.8	+0.205%	$166.9M	$267.7M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,473.2	+0.161%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,471.5	+0.046%	$48.3M	$32.4M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,469	−0.121%	$555K	$8.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,472.2	+0.098%	$3.0M	$455K	10x	as long as short
ApeX Omni ZECUSDTlong	+0.0100%	1h	1,470.8	long leg	$407K	$926K	50x
StandX ZEC-USD	+0.0100%	1h	1,469.7	−0.073%	$49K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,471.3	+0.035%	$360K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,471.8	+0.065%	$162K	$186K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,471.4	+0.041%	$449K	$506K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,474.1	+0.226%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,472.8	+0.137%	$235K	$3.2M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,470.8	−0.003%	$2.7M	$18.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,472.3	+0.099%	$3.9M	$4.8M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,473.9	+0.212%	$2.8M	$7.8M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,472.6	+0.124%	$46K	$152K	20x	as long as short
Lighter RH ZEC	+0.0128%	1h	1,474.5	+0.253%	$2.1M	$7.1M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0139%	1h	1,473.1	+0.154%	$620K	$1.3M	25x	as long as short
Kraken Futures PF_ZECUSD	+0.0146%	1h	1,472.8	+0.137%	$18.0M	$45.6M	25x	as long as short
RISEx ZEC/USDC	+0.0154%	1h	1,471.9	+0.072%	$929K	$1.1M	10x	as long as short
Lighter ZEC	+0.0184%	1h	1,474.4	+0.243%	$19.5M	$44.0M	20x	as long as short
Backpack ZEC_USDC_PERP	+0.0368%	1h	1,473	+0.149%	$2.4M	$3.7M	15x	as long as short
Coinbase International ZEC-PERP-INTXshort	+0.0496%	1h	1,474.1	+0.226%	$3.8M	$9.2M	50x
Arcus ZEC-USD	+0.0508%	1h	1,473.2	+0.162%	$665K	$8.1M	10x	as long as short
Aftermath Perps ZECUSD	+0.0690%	1h	1,469.9	−0.062%	$45K	$49K	10x	as long as short