Funding you earn now, next payment 05:00 UTC−0.0337%/8h= −36.9% APRnext payment −$0.42 per $10,000 · paid last 24h −0.063%
Price spread now: gTrade (Gains Network) against Arcus−0.116%46s7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2792.794% of the position
Funding, last 3 days (all we have)−0.147%−$15 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now −0.116%, 7d avg −0.044%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and gTrade (Gains Network) is 0.072% cheaper against Arcus than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.044%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus ZEC-USD | 1,465.1 | 0.0344 | pay 0.0043% / 1h | 9m 39s | $677K | $8.1M | 10x |
| Short | gTrade (Gains Network) ZEC/USD | 1,463.5 | L +0.0007% / S −0.0006% | get 0.0001% / 1h | 9m 39s | $5.2M | — | 150x |
Arcus ZEC-USD
gTrade (Gains Network) ZEC/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$70.83
- Price spread: −0.116% → −0.044%
- −$7.18
- Slippage, 4 orders
- −$264.89
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$357.4
- Costs to cover
- 2.794%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle venue), 4 min ago.
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 Arcus live order book, 4 min ago | 0.00 bp | 7.1 bp −$7 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 4 min ago | 130.03 bp | 135.0 bp −$135 | 584.7 bp −$5,847 | doesn't fit | doesn't fit |
ZEC on 51 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3042% | 1h | 1,463 | −0.145% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,466.3 | +0.078% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0071% | 8h | 1,466.1 | +0.066% | $29.7M | $71.0M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,463.5 | −0.110% | $407K | $37K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,463.1 | −0.140% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDshort | L +0.0007% / S −0.0006% | 1h | 1,463.5 | −0.116% | $5.2M | — | 150x | |
| Deribit ZEC_USDC-PERPETUAL | +0.0016% | 1h | 1,463.9 | −0.085% | $616K | $1.3M | 25x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,463.4 | −0.117% | $292K | $903K | 20x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0070% | 1h | 1,462.1 | −0.208% | $397K | $436K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0088% / S −0.0040% | 1h | 1,463.2 | −0.134% | $437K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
Orderly PERP_ZEC_USDC
Ondo Perps ZEC-USD.P
GMX ZEC/USD [WBTC.b-USDC]Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,463.6 | −0.105% | $174K | $1.6M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,464.3 | −0.060% | $14K | $801K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,464.6 | −0.037% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,464.4 | −0.049% | $2.9M | $6.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,463.9 | −0.088% | $14.6M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,464.6 | −0.038% | $1.7M | $2.3M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,463.9 | −0.086% | $673.7M | $2.17B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,462.9 | −0.152% | $262.2M | $587.6M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,463.1 | −0.137% | $179.2M | $1.21B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,460.6 | −0.310% | $882K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,464.1 | −0.070% | $52.3M | $173.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,464.4 | −0.051% | $219.2M | $775.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,464.7 | −0.029% | $103.2M | $53.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,464.1 | −0.071% | $166.2M | $267.3M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,463.8 | −0.092% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,464.4 | −0.050% | $48.0M | $32.5M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,461.5 | −0.246% | $569K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,463.2 | −0.135% | $3.0M | $464K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,461.4 | −0.257% | $404K | $945K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,464 | −0.078% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,463.6 | −0.106% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.1 | −0.140% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,462.4 | −0.190% | $446K | $504K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,465.9 | +0.050% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,463.6 | −0.109% | $234K | $3.1M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,462.2 | −0.200% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,463.2 | −0.132% | $3.9M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,463.9 | −0.087% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,463.2 | −0.131% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,462.7 | −0.168% | $4.7M | $1.3M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,464 | −0.076% | $8K | $7K | 5x | as long as short |
| Lighter RH ZEC | +0.0128% | 1h | 1,465.8 | +0.044% | $2.1M | $7.0M | 10x | as long as short |
| Hyperliquid ZEC | +0.0147% | 1h | 1,465.6 | +0.031% | $763.7M | $419.3M | 10x | as long as short |
| Lighter ZEC | +0.0168% | 1h | 1,465.7 | +0.036% | $19.4M | $45.4M | 20x | as long as short |
| Kalshi KXZECPERP | +0.0179% | 8h | 1,464.8 | −0.022% | $1.5M | $4.4M | 2.2x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,463.9 | −0.084% | $926K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0299% | 1h | 1,464 | −0.076% | $2.4M | $3.8M | 15x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0331% | 1h | 1,463.4 | −0.121% | $18.0M | $45.4M | 25x | as long as short |
| Arcus ZEC-USDlong | +0.0344% | 1h | 1,465.1 | long leg | $677K | $8.1M | 10x | |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,468.4 | +0.219% | $3.8M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0684% | 1h | 1,462.7 | −0.167% | $45K | $49K | 10x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
01 Exchange ZECUSD
Lighter RH ZEC
Hyperliquid ZEC
Lighter ZEC
Kalshi KXZECPERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Kraken Futures PF_ZECUSD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD