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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0274%/8h= +30.0% APRnext payment +$0.34 per $10,000 · paid last 24h +0.110%
Price spread now: RISEx against ApeX Omni−0.156%54s7-day average +0.156% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.312% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.711%+$71 on $10k
Price spread, last 7 days+0.238%+$24 · spread now −0.156%, 7d avg +0.156%
Together, before fees+0.949%+$95 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.312% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.156% now, against its 7-day average of +0.156%). If the spread goes back, that is −$31 on $10k: about 3.8 days of funding at the current rate (+$8 a day). At the pace of the last 3 days (+0.711% in total) that is about 37 hours. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZECUSDT1,467.80.0100pay 0.0013% / 1h40m 04s$427K$906K50x
ShortRISEx ZEC/USDC1,465.50.0374get 0.0047% / 1h40m 04s$851K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$57.47
Price spread: −0.156% → +0.156%
−$31.2
Slippage, 4 orders
−$15.19
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$4.92
Costs to cover
0.312%
Break-even
7.6 days
Slippage from ApeX Omni: live order book, 29 min ago; RISEx: 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, 29 min ago3.61 bp8.6 bp −$930.5 bp −$305doesn't fitdoesn't fit
Sell RISEx live order book, 4 min ago1.87 bp4.9 bp −$59.4 bp −$94doesn'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−0.3678%1h1,467.9+0.010%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,465.1−0.187%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0060%1h1,467.1−0.048%$398K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,467.1−0.050%$18.0M$43.6M25xas long as short
dYdX ZEC-USD0.0000%1h1,465.8−0.138%$413K$57K5xas long as short
Kalshi KXZECPERP0.0000%8h1,466.9−0.065%$971K$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,464.2−0.248%$83K$264K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,464.5−0.228%$5.2M150xas long as short
BloFin ZEC-USDT+0.0012%8h1,475.2+0.504%$29.6M$73.3M75xas long as short
Variational Omni ZEC+0.0023%8h1,466.1−0.115%$47.8M$33.3Mas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0026%8h1,465−0.192%$292K$1.1M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,465.1−0.183%$8K$9K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,464.2−0.247%$383K100xas long as short
Phoenix ZEC+0.0070%1h1,466.9−0.064%$4.6M$1.5M10xas long as short
Gate ZEC_USDT+0.0077%8h1,466.9−0.062%$49.7M$174.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0084%8h1,468.4+0.040%$180.9M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,464.4−0.231%$172K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,464.2−0.247%$16K$839K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,464.7−0.213%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,465.5−0.158%$2.5M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467.80.000%$763.8M$451.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,466.6−0.083%$14.8M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,465.4−0.162%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,467.3−0.035%$680.4M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,467.6−0.014%$270.6M$628.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,466.7−0.077%$215.7M$795.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466.4−0.096%$103.2M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.6+0.057%$162.9M$286.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,466.9−0.065%$100.1Mas long as short
edgeX ZECUSDC+0.0100%4h1,469.5+0.115%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.7+0.330%$3.0M$443K10xas long as short
ApeX Omni ZECUSDTlong+0.0100%1h1,467.8long leg$427K$906K50x
StandX ZEC-USD+0.0100%1h1,466.8−0.069%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,464.5−0.225%$338K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,464.2−0.249%$127K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,463.8−0.274%$456K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,467.4−0.026%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.2−0.110%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,464.6−0.215%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.1−0.047%$3.9M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.6+0.466%$897K$17K10xas long as short
Extended ZEC-USD+0.0104%1h1,466.1−0.118%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,465−0.192%$48K$167K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0222%1h1,466.1−0.118%$603K$1.3M25xas long as short
Lighter ZEC+0.0224%1h1,468.1+0.018%$19.1M$48.0M20xas long as short
Lighter RH ZEC+0.0232%1h1,468.1+0.020%$2.0M$7.1M10xas long as short
Arcus ZEC-USD+0.0254%1h1,466.7−0.072%$698K$8.7M10xas long as short
RISEx ZEC/USDCshort+0.0374%1h1,465.5−0.156%$851K$1.0M10x
Coinbase International ZEC-PERP-INTX+0.0472%1h1,466.4−0.095%$3.6M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0497%1h1,467.2−0.038%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0737%1h1,470.2+0.167%$43K$46K10xas long as short