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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.090%
Price spread now: ApeX Omni against Nado−0.087%7-day average −0.172% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$260.261% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.434%−$43 on $10k
Price spread, last 7 days−0.045%−$5 · spread now −0.087%, 7d avg −0.172%
Together, before fees−0.479%+ Points / potential airdropNado: Active · farm board−$48 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 0.085% dearer against Nado than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.172%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ZEC-PERP1,453.30.0100pay 0.0012% / 1h44m 53s$2.8M$6.6M10x
ShortApeX Omni ZECUSDT1,452.10.0100get 0.0013% / 1h44m 53s$401K$943K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. 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: −0.087% → −0.172%
$8.54
Slippage, 4 orders
−$9.1
Fee Nado: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$17.56
Costs to cover
0.261%
Break-even
1804385437022198.3 days
Slippage from Nado: live order book, 4 min ago; ApeX Omni: live order book, 9 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 Nado live order book, 4 min ago0.03 bp4.1 bp −$411.2 bp −$112doesn't fitdoesn't fit
Sell ApeX Omni live order book, 9 min ago2.61 bp9.0 bp −$933.3 bp −$333doesn'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−0.3042%1h1,453.4+0.005%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,451.6−0.115%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,452.1−0.084%$29.4M$70.4M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.8−0.101%$409K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,452.8−0.034%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,451−0.158%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,451.8−0.103%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,451.9−0.094%$290K$943K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0079% / S −0.0029%1h1,451.4−0.131%$432K100xas long as short
Lighter RH ZEC+0.0096%1h1,453.5+0.011%$2.1M$7.0M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,452.5−0.057%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,452.1−0.083%$13K$852K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,452.7−0.041%$60K$43K10xas long as short
Nado ZEC-PERPlong+0.0100%1h1,453.3long leg$2.8M$6.6M10x
Aster ZECUSDT+0.0100%8h1,452.3−0.068%$14.6M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,453−0.024%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,452.9−0.031%$667.2M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,452.3−0.068%$260.9M$600.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,452.8−0.033%$177.8M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,450.5−0.193%$394K$439K5xas long as short
Bulk ZEC-USD+0.0100%1h1,454+0.048%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,452.8−0.032%$50.6M$170.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,453.1−0.015%$216.3M$766.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,453.6+0.016%$102.5M$53.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,453.1−0.013%$165.1M$270.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,452.6−0.048%$105.5Mas long as short
Variational Omni ZEC+0.0100%8h1,450.4−0.198%$47.6M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,451.6−0.116%$565K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,454+0.047%$3.0M$451K10xas long as short
ApeX Omni ZECUSDTshort+0.0100%1h1,452.1−0.087%$401K$943K50x
StandX ZEC-USD+0.0100%1h1,451.5−0.128%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,452.3−0.070%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,451.4−0.133%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,450.7−0.177%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,454.7+0.096%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452−0.090%$232K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,451.8−0.105%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,452.7−0.041%$3.8M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,453.2−0.005%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,451.7−0.109%$47K$151K20xas long as short
Hyperliquid ZEC+0.0108%1h1,454.3+0.068%$756.5M$428.7M10xas long as short
01 Exchange ZECUSD+0.0112%1h1,452.9−0.029%$8K$7K5xas long as short
Phoenix ZEC+0.0116%1h1,452.9−0.030%$4.6M$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0116%1h1,452.5−0.054%$2.4M$3.9M15xas long as short
Lighter ZEC+0.0176%1h1,453.6+0.017%$19.1M$44.7M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0200%1h1,452.6−0.050%$613K$1.3M25xas long as short
RISEx ZEC/USDC+0.0216%1h1,452.6−0.046%$918K$1.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0334%1h1,452−0.093%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,454.6+0.088%$693K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,454+0.050%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0672%1h1,453.4+0.008%$44K$49K10xas long as short