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: ApeX Omni against RISEx+0.156%54s7-day average −0.156% · you sell dearer than you buy
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−0.239%−$24 · spread now +0.156%, 7d avg −0.156%
Together, before fees−0.949%−$95 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.312% dearer against RISEx than usual: you sell high and buy low (spread +0.156% now, against its 7-day average of −0.156%): +$31 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 3.8 days. 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
LongRISEx ZEC/USDC1,465.50.0374pay 0.0047% / 1h39m 48s$851K$1.0M10x
ShortApeX Omni ZECUSDT1,467.80.0100get 0.0013% / 1h39m 48s$427K$906K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against RISEx. 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%
$31.22
Slippage, 4 orders
−$15.19
Fee RISEx: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$57.43
Costs to cover
0.312%
Break-even
from the start
Slippage from RISEx: live order book, 4 min ago; ApeX Omni: live order book, 29 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 RISEx live order book, 4 min ago1.87 bp4.9 bp −$510.8 bp −$108doesn't fitdoesn't fit
Sell ApeX Omni live order book, 29 min ago3.61 bp12.8 bp −$1336.5 bp −$365doesn'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+0.166%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,465.1−0.031%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0060%1h1,467.1+0.109%$398K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,467.1+0.106%$18.0M$43.6M25xas long as short
dYdX ZEC-USD0.0000%1h1,465.8+0.018%$413K$57K5xas long as short
Kalshi KXZECPERP0.0000%8h1,466.9+0.091%$971K$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,464.2−0.092%$83K$264K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,464.5−0.072%$5.2M150xas long as short
BloFin ZEC-USDT+0.0012%8h1,475.2+0.661%$29.6M$73.3M75xas long as short
Variational Omni ZEC+0.0023%8h1,466.1+0.041%$47.8M$33.3Mas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0026%8h1,465−0.036%$292K$1.1M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,465.1−0.027%$8K$9K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,464.2−0.091%$383K100xas long as short
Phoenix ZEC+0.0070%1h1,466.9+0.092%$4.6M$1.5M10xas long as short
Gate ZEC_USDT+0.0077%8h1,469+0.238%$49.8M$174.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0084%8h1,469+0.238%$181.1M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,464.4−0.075%$172K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,464.2−0.091%$16K$839K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,464.7−0.057%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,465.5−0.002%$2.5M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467.8+0.156%$763.8M$451.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,467+0.104%$14.8M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,465.4−0.006%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.3+0.259%$681.4M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,468.7+0.216%$270.8M$628.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,469+0.239%$215.5M$795.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.1+0.109%$103.3M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,469.2+0.254%$163.0M$286.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,469+0.235%$100.1Mas long as short
edgeX ZECUSDC+0.0100%4h1,469.5+0.271%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.7+0.487%$3.0M$443K10xas long as short
ApeX Omni ZECUSDTshort+0.0100%1h1,467.8+0.156%$427K$906K50x
StandX ZEC-USD+0.0100%1h1,466.8+0.087%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,464.5−0.069%$338K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,464.2−0.093%$127K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,463.8−0.118%$456K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,467.4+0.130%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.2+0.046%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,464.6−0.059%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.1+0.109%$3.9M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.6+0.623%$897K$17K10xas long as short
Extended ZEC-USD+0.0104%1h1,468.4+0.195%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,465−0.036%$48K$167K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0222%1h1,466.1+0.038%$603K$1.3M25xas long as short
Lighter ZEC+0.0224%1h1,468.1+0.175%$19.1M$48.0M20xas long as short
Lighter RH ZEC+0.0232%1h1,468.1+0.176%$2.0M$7.1M10xas long as short
Arcus ZEC-USD+0.0254%1h1,466.7+0.084%$698K$8.7M10xas long as short
RISEx ZEC/USDClong+0.0374%1h1,465.5long leg$851K$1.0M10x
Coinbase International ZEC-PERP-INTX+0.0472%1h1,466.4+0.061%$3.6M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0497%1h1,467.2+0.118%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0737%1h1,470.2+0.323%$43K$46K10xas long as short