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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h +0.111%
Price spread now: Nado against ApeX Omni+0.043%7-day average +0.172% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$310.311% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.436%+$44 on $10k
Price spread, last 7 days+0.059%+$6 · spread now +0.043%, 7d avg +0.172%
Together, before fees+0.494%+ Points / potential airdropNado: Active · farm board+$49 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: Nado is 0.128% cheaper against ApeX Omni than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.172%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZECUSDT1,469.70.0100pay 0.0013% / 1h4m 51s$427K$880K50x
ShortNado ZEC-PERP1,470.40.0100get 0.0012% / 1h4m 51s$2.6M$6.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
Price spread: +0.043% → +0.172%
−$12.84
Slippage, 4 orders
−$14.05
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$43.89
Costs to cover
0.311%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 4 min ago; Nado: live order book, 4 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, 4 min ago3.61 bp8.6 bp −$930.5 bp −$305doesn't fitdoesn't fit
Sell Nado live order book, 4 min ago0.03 bp4.9 bp −$511.8 bp −$118doesn'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−0.3321%1h1,471.4+0.110%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,469.9+0.011%$17.9M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0123%1h1,467.7−0.138%$400K$517K5xas long as short
BloFin ZEC-USDT−0.0117%8h1,469.70.000%$29.6M$72.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.4+0.042%$6K$2K10xas long as short
Variational Omni ZEC−0.0015%8h1,469.6−0.009%$47.7M$33.3Mas long as short
dYdX ZEC-USD0.0000%1h1,471+0.084%$414K$103K5xas long as short
01 Exchange ZECUSD0.0000%1h1,470.7+0.067%$8K$9K5xas long as short
Kalshi KXZECPERP0.0000%8h1,469−0.050%$959K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,470.3+0.035%$84K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,470.1+0.025%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0021%8h1,469.7−0.001%$293K$1.1M20xas long as short
Phoenix ZEC+0.0054%1h1,470.5+0.053%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,469.9+0.012%$378K100xas long as short
OKX ZEC-USDT-SWAP+0.0066%8h1,471.6+0.125%$181.3M$1.29B50xas long as short
Popdex ZECUSDT+0.0096%1h1,470.2+0.033%$173K$1.8M50xas long as short
Gate ZEC_USDT+0.0096%8h1,470.8+0.069%$50.3M$182.2M75xas long as short
Katana Perps ZEC-USD+0.0100%8h1,470+0.018%$12K$847K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,469.7−0.001%$61K$39K10xas long as short
Nado ZEC-PERPshort+0.0100%1h1,470.4+0.043%$2.6M$6.5M10x
Hyperliquid ZEC+0.0100%1h1,472.6+0.195%$766.9M$451.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,470+0.018%$14.9M$31.3M75xas long as short
Pacifica ZEC+0.0100%1h1,470.4+0.043%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,470.4+0.048%$683.5M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,471.3+0.108%$273.1M$628.1M75xas long as short
Arcus ZEC-USD+0.0100%1h1,471.9+0.149%$691K$8.6M10xas long as short
Bulk ZEC-USD+0.0100%1h1,467.8−0.131%$893K$21K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,470.9+0.080%$218.1M$832.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,470.1+0.023%$104.1M$55.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.8+0.140%$163.7M$289.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,471.2+0.101%$100.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.6+0.125%$573K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,469.6−0.008%$3.0M$450K10xas long as short
ApeX Omni ZECUSDTlong+0.0100%1h1,469.7long leg$427K$880K50x
StandX ZEC-USD+0.0100%1h1,473.2+0.235%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,469.9+0.012%$340K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469.8+0.005%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.4−0.088%$458K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,471.9+0.144%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.8+0.001%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,469−0.050%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.5+0.051%$3.8M$5.2M50xas long as short
Extended ZEC-USD+0.0104%1h1,470.3+0.039%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,470+0.021%$53K$162K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0172%1h1,470.6+0.060%$605K$1.3M25xas long as short
Lighter ZEC+0.0224%1h1,471.5+0.120%$19.2M$50.6M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,470.9+0.083%$854K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,472.2+0.165%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0512%1h1,470.1+0.022%$2.5M$3.8M15xas long as short
Lighter RH ZEC+0.0688%1h1,472.5+0.191%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0753%1h1,470.2+0.034%$43K$46K10xas long as short