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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.110%
Price spread now: ApeX Omni against Bitget+0.065%7-day average −0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$480.479% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.855%−$86 on $10k
Price spread, last 7 days−0.171%−$17 · spread now +0.065%, 7d avg −0.133%
Together, before fees−1.027%−$103 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 0.198% dearer against Bitget than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.133%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZECUSDT1,4570.0100pay 0.0100% / 8h2h 11m$161.3M$312.1M75x
ShortApeX Omni ZECUSDT1,4580.0100get 0.0013% / 1h11m 30s$428K$814K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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: +0.065% → −0.133%
$19.8
Slippage, 4 orders
−$25.89
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$28.09
Costs to cover
0.479%
Break-even
never at this rate
Slippage from Bitget: live order book, 8 min ago; ApeX Omni: live order book, 12 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 Bitget live order book, 8 min ago0.03 bp7.7 bp −$811.1 bp −$111doesn't fitdoesn't fit
Sell ApeX Omni live order book, 12 min ago2.89 bp24.8 bp −$2547.3 bp −$473doesn'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−0.3476%1h1,433.1−1.638%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0086%8h1,458+0.067%$28.8M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,457.5+0.036%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,457.1+0.007%$17.7M$44.6M25xas long as short
Bybit ZECUSDT−0.0017%8h1,456.1−0.066%$268.7M$677.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,458.5+0.102%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,457.6+0.039%$934K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,456.9−0.008%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,458.3+0.088%$593K$1.3M25xas long as short
Variational Omni ZEC+0.0002%8h1,456.6−0.029%$45.6M$33.4Mas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.3+0.023%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,457.6+0.038%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0018% / S +0.0073%1h1,458.1+0.076%$557K100xas long as short
01 Exchange ZECUSD+0.0040%1h1,457.3+0.017%$8K$8K5xas long as short
Ondo Perps ZEC-USD.P+0.0044%1h1,455.9−0.076%$395K$520K5xas long as short
OKX ZEC-USDT-SWAP+0.0058%8h1,457−0.001%$174.0M$1.36B50xas long as short
Gate ZEC_USDT+0.0063%8h1,456.8−0.014%$49.3M$191.0M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,457.2+0.012%$15K$865K10xas long as short
Lighter ZEC+0.0096%1h1,458.6+0.108%$18.8M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,456.9−0.006%$173K$2.0M50xas long as short
Aster ZECUSDT+0.0097%8h1,456.8−0.016%$15.3M$33.9M75xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,456.9−0.011%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.8+0.052%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,457.7+0.047%$754.0M$495.3M10xas long as short
Pacifica ZEC+0.0100%1h1,457.5+0.030%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.8−0.014%$665.2M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.8−0.013%$218.3M$898.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457−0.003%$103.0M$57.0M75xas long as short
Bitget ZECUSDTlong+0.0100%8h1,457long leg$161.3M$312.1M75x
BingX ZEC-USDC+0.0100%8h1,457.6+0.038%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,458+0.067%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,457.1+0.005%$489K$9.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,458.5+0.103%$3.0M$492K10xas long as short
ApeX Omni ZECUSDTshort+0.0100%1h1,458+0.065%$428K$814K50x
StandX ZEC-USD+0.0100%1h1,458.6+0.107%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.9−0.008%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,456.8−0.014%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.4−0.042%$445K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,459.7+0.187%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457.3+0.017%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,458.4+0.095%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.9+0.062%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,456.7−0.021%$897K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,458.5+0.105%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,457.6+0.040%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.5+0.033%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,457.7+0.048%$852K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,459.2+0.152%$3.7M$11.6M50xas long as short
Aftermath Perps ZECUSD+0.0477%1h1,458+0.069%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,458.7+0.114%$747K$8.0M10xas long as short
Lighter RH ZEC+0.0600%1h1,459.1+0.145%$1.9M$8.5M10xas long as short