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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.090%
Price spread now: ApeX Omni against BingX+0.266%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$420.418% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.919%−$92 on $10k
Price spread, last 7 days−0.308%−$31 · spread now +0.266%, 7d avg −0.049%
Together, before fees−1.227%−$123 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: ApeX Omni is 0.315% dearer against BingX than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of −0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZEC-USDC1,452.30.0100pay 0.0100% / 8h5h 09m$6.7M
ShortApeX Omni ZECUSDT1,456.20.0100get 0.0013% / 1h9m 15s$410K$911K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BingX. 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: +0.266% → −0.049%
$31.46
Slippage, 4 orders
−$21.84
Fee BingX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$10.38
Costs to cover
0.418%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; ApeX Omni: live order book, 55 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 BingX live order book, 8 min ago0.69 bp10.9 bp −$1115.6 bp −$15631.1 bp −$3,10678.4 bp −$39.2K
Sell ApeX Omni live order book, 55 min ago4.56 bp13.4 bp −$1336.7 bp −$367doesn'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−0.3244%1h1,455.6+0.223%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,454.2+0.128%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0078%8h1,453+0.050%$29.3M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,453.8+0.100%$409K$42K5xas long as short
Kalshi KXZECPERP0.0000%8h1,454+0.115%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,453.2+0.057%$83K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452.9+0.038%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0052%8h1,452.6+0.021%$291K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,452.8+0.030%$408K100xas long as short
Phoenix ZEC+0.0074%1h1,455+0.183%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,453.7+0.092%$172K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,453.4+0.072%$13K$866K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,454+0.117%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,453.9+0.110%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,454.1+0.123%$755.6M$433.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,453.3+0.067%$14.4M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,453.5+0.083%$1.6M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,452.9+0.041%$666.1M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,452.4+0.008%$262.2M$605.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,453.1+0.050%$177.7M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.3+0.205%$396K$432K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5+0.353%$883K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,452.9+0.038%$50.0M$175.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,452.9+0.039%$213.8M$781.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,453.1+0.052%$101.8M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,453+0.050%$161.4M$273.5M75xas long as short
BingX ZEC-USDClong+0.0100%8h1,452.3long leg$6.7M
Variational Omni ZEC+0.0100%8h1,456.4+0.280%$47.6M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,457.1+0.327%$568K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,457.6+0.361%$3.0M$432K10xas long as short
ApeX Omni ZECUSDTshort+0.0100%1h1,456.2+0.266%$410K$911K50x
StandX ZEC-USD+0.0100%1h1,458+0.394%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,452.8+0.033%$367K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,453+0.044%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451.8−0.033%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,455.3+0.207%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.9+0.039%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,452.6+0.021%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,453.6+0.085%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,452.8+0.036%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,452.4+0.002%$47K$153K20xas long as short
Backpack ZEC_USDC_PERP+0.0109%1h1,457.3+0.340%$2.4M$3.8M15xas long as short
01 Exchange ZECUSD+0.0136%1h1,453.6+0.090%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,452.6+0.018%$18.0M$44.7M25xas long as short
Lighter ZEC+0.0232%1h1,454.3+0.134%$19.1M$46.8M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0275%1h1,453.5+0.081%$611K$1.3M25xas long as short
Arcus ZEC-USD+0.0277%1h1,455.2+0.201%$711K$8.5M10xas long as short
Lighter RH ZEC+0.0352%1h1,454.6+0.157%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,454+0.116%$832K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,454.2+0.132%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0692%1h1,457.3+0.345%$45K$49K10xas long as short