Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.090%
Price spread now: Phemex against ApeX Omni−0.010%7-day average +0.172% · you buy dearer than you sell
Net, funding: paid 7d − costs+$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$510.509% of the position
Funding, last 7 days+1.028%+$103 on $10k
+Price spread, last 4 days (all we have)+0.345%+$35 · spread now −0.010%, 7d avg +0.172%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.182% cheaper against ApeX Omni than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.172%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ZECUSDT | 1,460.7 | 0.0100 | pay 0.0013% / 1h | 19m 23s | $403K | $943K | 50x |
| Short | Phemex ZECUSDT | 1,460.5 | 0.0100 | get 0.0100% / 8h | 3h 19m | $3.8M | $4.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: −0.010% → +0.172%
- −$18.19
- Slippage, 4 orders
- −$28.92
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$69.11
- Costs to cover
- 0.509%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 35 min ago; Phemex: live order book, 4 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, 35 min ago | 2.61 bp | 8.4 bp −$8 | 30.0 bp −$300 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.13 bp | 19.7 bp −$20 | 32.2 bp −$322 | 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 | −0.3042% | 1h | 1,460.5 | −0.008% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,461 | +0.021% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0071% | 8h | 1,460 | −0.047% | $29.5M | $70.7M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,459.6 | −0.070% | $411K | $35K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,459.3 | −0.094% | $83K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,458.7 | −0.134% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,458.8 | −0.129% | $292K | $922K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0086% / S −0.0037% | 1h | 1,458.6 | −0.142% | $435K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,459.2 | −0.100% | $174K | $1.6M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,460 | −0.049% | $14K | $810K | 10x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,459.6 | −0.069% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,460.5 | −0.011% | $2.8M | $6.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,459.2 | −0.097% | $14.5M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,460.1 | −0.037% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,458.7 | −0.136% | $671.1M | $2.18B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,458.2 | −0.167% | $261.1M | $589.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,458.9 | −0.121% | $178.8M | $1.20B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,456.9 | −0.257% | $396K | $434K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.9 | −0.189% | $881K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,459 | −0.117% | $51.7M | $172.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,458.9 | −0.124% | $218.9M | $771.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,459.2 | −0.099% | $103.0M | $53.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,459.3 | −0.092% | $165.5M | $268.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,457.9 | −0.188% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,459.8 | −0.060% | $47.8M | $32.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,459.6 | −0.070% | $568K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,461.4 | +0.051% | $3.0M | $463K | 10x | as long as short |
| ApeX Omni ZECUSDTlong | +0.0100% | 1h | 1,460.7 | long leg | $403K | $943K | 50x | |
| StandX ZEC-USD | +0.0100% | 1h | 1,460.5 | −0.010% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,459.1 | −0.107% | $355K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,458.8 | −0.126% | $160K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,457.8 | −0.195% | $445K | $504K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,463.1 | +0.168% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,459.9 | −0.055% | $234K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,459 | −0.112% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDTshort | +0.0100% | 8h | 1,460.5 | −0.010% | $3.8M | $4.9M | 50x | |
| Extended ZEC-USD | +0.0104% | 1h | 1,459.3 | −0.095% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,458.8 | −0.130% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,461.1 | +0.032% | $4.6M | $1.3M | 10x | as long as short |
| Lighter RH ZEC | +0.0120% | 1h | 1,461.7 | +0.071% | $2.1M | $7.0M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,460 | −0.043% | $8K | $7K | 5x | as long as short |
| Hyperliquid ZEC | +0.0142% | 1h | 1,460.5 | −0.011% | $760.9M | $424.5M | 10x | as long as short |
| Lighter ZEC | +0.0160% | 1h | 1,461.7 | +0.074% | $19.4M | $45.3M | 20x | as long as short |
| Kalshi KXZECPERP | +0.0192% | 8h | 1,460 | −0.047% | $1.5M | $4.4M | 2.2x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,459.6 | −0.074% | $923K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0227% | 1h | 1,460.5 | −0.010% | $2.4M | $3.8M | 15x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0241% | 1h | 1,460.6 | −0.007% | $615K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0332% | 1h | 1,459.7 | −0.064% | $18.1M | $45.1M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,461.3 | +0.043% | $687K | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,462.1 | +0.097% | $3.8M | $9.2M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0677% | 1h | 1,459 | −0.115% | $45K | $49K | 10x | as long as short |
ApeX Omni ZECUSDT
Phemex ZECUSDT
Injective ZEC/USDC PERP
BloFin ZEC-USDT
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
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
Extended ZEC-USD
Phoenix ZEC
Lighter RH ZEC
01 Exchange ZECUSD
Hyperliquid ZEC
Lighter ZEC
Kalshi KXZECPERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD