After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.077%7d average−0.278%fees + slippage, in and out−$53spread needed0.534%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ZEC | 1,498.9 | −0.0051 | get 0.0006% / 1h | 57m 21s | $4.8M | $1.4M | 10x |
| Short | ApeX Omni ZECUSDT | 1,497.7 | −0.0454 | pay 0.0057% / 1h | 57m 21s | $987K | $346K | 50x |
Phoenix ZEC
ApeX Omni ZECUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$7.74
- Funding while held
- −$12.09
- Slippage, 4 orders
- −$36.35
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$73.18
- Spread needed to break even
- 0.534%
Slippage from Phoenix: live order book, 3 min ago; ApeX Omni: live order book, 33 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0403%
- Per $10,000 a day
- −$12.09
- Average in range /8h
- —
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 Phoenix live order book, 3 min ago | 2.27 bp | 7.4 bp −$7 | 17.4 bp −$174 | 121.7 bp −$12.2K | doesn't fit |
| Sell ApeX Omni live order book, 33 min ago | 13.85 bp | 19.2 bp −$19 | 41.3 bp −$413 | doesn't fit | doesn't fit |
ZEC price on every exchange
against the cheapest. Click to use as the short leg.Bybit1,493.3cheapestOKX1,494+0.047%Aevo1,494.1+0.053%Gate1,494.3+0.066%Orderly1,494.3+0.066%Binance1,494.3+0.069%KuCoin1,494.5+0.078%Bitget1,494.5+0.078%Bullet1,494.5+0.081%MEXC1,494.6+0.084%Polymarket Perps1,494.6+0.087%BingX1,494.9+0.109%GMX1,495+0.116%Aster1,495.1+0.117%Ondo Perps1,495.2+0.127%Popdex1,495.3+0.131%gTrade (Gains Network)1,495.3+0.133%Paradex1,495.4+0.141%Hyperliquid1,495.6+0.154%Phemex1,495.6+0.155%RISEx1,495.8+0.166%SoDEX1,495.9+0.173%Katana Perps1,495.9+0.175%dYdX1,495.9+0.177%Kraken Futures1,496+0.179%Extended1,496+0.179%Nado1,496+0.181%01 Exchange1,496+0.182%Pacifica1,496.2+0.191%StandX1,496.2+0.192%Kalshi1,496.2+0.194%Backpack1,496.4+0.204%HTX1,496.4+0.206%Perpl1,496.6+0.219%Hotstuff1,496.7+0.230%Derive1,496.8+0.234%Lighter1,496.8+0.236%Deribit1,497+0.251%Arcus1,497.2+0.264%BloFin1,497.3+0.269%Lighter RH1,497.5+0.278%Variational Omni1,497.6+0.288%
Bybit
OKX
Aevo
Gate
Orderly
Binance
KuCoin
Bitget
Bullet
MEXC
Polymarket Perps
BingX
GMX
Aster
Ondo Perps
Popdex
gTrade (Gains Network)
Paradex
Hyperliquid
Phemex
RISEx
SoDEX
Katana Perps
dYdX
Kraken Futures
Extended
Nado
Pacifica
StandX
Backpack
HTX
Perpl
Hotstuff
Derive
Lighter
Deribit
Arcus
BloFin
Lighter RH
Variational OmniApeX Omni1,497.7+0.295%
SunX1,498.2+0.327%edgeX1,498.3+0.336%Coinbase International1,498.5+0.347%Aftermath Perps1,498.6+0.354%
SunX
Coinbase InternationalPhoenix1,498.9+0.372%
Injective1,499.1+0.388%Bulk1,499.1+0.390%
Injective
BulkZEC on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ZECUSDT | −0.371% | −0.0257% | 8h | $288.7M | $781.5M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | −0.324% | +0.0001% | 8h | $186.5M | $1.66B | 50x | as long as short |
| Aevo ZEC-PERP | −0.319% | +0.0080% | 1h | $39K | $362K | 20x | as long as short |
| Gate ZEC_USDT | −0.306% | +0.0029% | 8h | $52.3M | $213.8M | 75x | as long as short |
| Orderly PERP_ZEC_USDC | −0.305% | −0.0020% | 8h | $268K | $1.7M | 20x | as long as short |
| Binance ZECUSDT | −0.303% | −0.0005% | 8h | $697.7M | $2.90B | 75x | as long as short |
| KuCoin ZECUSDTM | −0.294% | +0.0100% | 8h | $104.6M | $71.3M | 75x | as long as short |
| Bitget ZECUSDT | −0.293% | −0.0015% | 8h | $166.8M | $329.6M | 75x | as long as short |
| Bullet ZEC-USD | −0.290% | +0.0051% | 1h | $51K | $116K | 20x | as long as short |
| MEXC ZEC_USDT | −0.287% | −0.0004% | 8h | $220.4M | $983.3M | 150x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps ZEC-USD | −0.284% | +0.0003% | 1h | $309K | $3.5M | 10x | as long as short |
| BingX ZEC-USDC | −0.262% | −0.0002% | 8h | — | $6.9M | — | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | −0.255% | L +0.0132% / S +0.0007% | 1h | $550K | — | 100x | as long as short |
| Aster ZECUSDT | −0.254% | −0.0045% | 8h | $15.3M | $37.9M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | −0.244% | −0.0093% | 1h | $408K | $776K | 5x | as long as short |
| Popdex ZECUSDT | −0.240% | +0.0096% | 1h | $167K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) ZEC/USD | −0.239% | L +0.0007% / S −0.0006% | 1h | $5.3M | — | 150x | as long as short |
| Paradex ZEC-USD-PERP | −0.230% | +0.0084% | 8h | $61K | $38K | 10x | as long as short |
| Hyperliquid ZEC | −0.217% | +0.0100% | 1h | $801.1M | $679.1M | 10x | as long as short |
| Phemex ZECUSDT | −0.216% | +0.0100% | 8h | $3.9M | $6.5M | 50x | as long as short |
| RISEx ZEC/USDC | −0.205% | +0.0080% | 1h | $857K | $2.9M | 10x | as long as short |
| SoDEX ZEC-USD | −0.199% | −0.0139% | 1h | $226K | $5.5M | 10x | as long as short |
| Katana Perps ZEC-USD | −0.196% | +0.0100% | 8h | $15K | $1.2M | 10x | as long as short |
| dYdX ZEC-USD | −0.195% | 0.0000% | 1h | $420K | $117K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.193% | −0.0517% | 1h | $18.3M | $45.7M | 25x | as long as short |
| Extended ZEC-USD | −0.192% | +0.0104% | 1h | $3.4M | $4.7M | 10x | as long as short |
| Nado ZEC-PERP | −0.190% | +0.0100% | 1h | $3.1M | $7.9M | 10x | as long as short |
| 01 Exchange ZECUSD | −0.189% | +0.0040% | 1h | $9K | $11K | 5x | as long as short |
| Pacifica ZEC | −0.181% | +0.0100% | 1h | $1.7M | $3.7M | 10x | as long as short |
| StandX ZEC-USD | −0.180% | +0.0100% | 1h | $67K | $3.3M | 30x | as long as short |
| Kalshi KXZECPERP | −0.177% | 0.0000% | 8h | $870K | $6.3M | 2.2x | as long as short |
| Backpack ZEC_USDC_PERP | −0.167% | +0.0100% | 1h | $2.3M | $3.5M | 15x | as long as short |
| HTX ZEC-USDT | −0.166% | +0.0100% | 8h | $2.6M | $31.9M | 75x | as long as short |
| Perpl ZEC | −0.153% | +0.0447% | 43m | $79K | $431K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.141% | −0.0080% | 1h | $6K | $2K | 10x | as long as short |
| Derive ZEC-PERP | −0.138% | +0.0100% | 1h | $496K | $262K | 6.7x | as long as short |
| Lighter ZEC | −0.136% | +0.0096% | 1h | $19.9M | $60.3M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | −0.121% | 0.0000% | 1h | $614K | $1.4M | 25x | as long as short |
| Arcus ZEC-USD | −0.108% | +0.0100% | 1h | $689K | $6.1M | 10x | as long as short |
| BloFin ZEC-USDT | −0.103% | −0.0014% | 8h | $31.7M | $82.5M | 75x | as long as short |
| Lighter RH ZEC | −0.094% | +0.0096% | 1h | $1.8M | $8.2M | 10x | as long as short |
| Variational Omni ZEC | −0.084% | +0.0016% | 8h | $48.9M | $33.8M | — | as long as short |
| ApeX Omni ZECUSDTshort | −0.077% | −0.0454% | 1h | $987K | $346K | 50x | |
| SunX ZEC-USDT | −0.045% | +0.0100% | 8h | $3K | $1.4M | 20x | as long as short |
| edgeX ZECUSDC | −0.036% | +0.0100% | 4h | $504K | $10.8M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | −0.025% | +0.0256% | 1h | $3.9M | $13.8M | 50x | as long as short |
| Aftermath Perps ZECUSD | −0.019% | +0.0427% | 1h | $38K | $22K | 10x | as long as short |
| Phoenix ZEClong | 0.000% | −0.0051% | 1h | $4.8M | $1.4M | 10x | |
| Injective ZEC/USDC PERP | +0.015% | −0.3400% | 1h | $35K | $13K | 12x | as long as short |
| Bulk ZEC-USD | +0.018% | +0.0056% | 1h | $910K | $64K | 10x | as long as short |