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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h −0.010%
Price spread now: gTrade (Gains Network) against Aster−0.011%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2812.815% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.035%−$4 on $10k
Price spread, last 3 days (all we have)+0.477%+$48 · spread now −0.011%, 7d avg +0.027%
Together, before fees+0.441%+ Points / potential airdropAster: Stage 5 · farm board+$44 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.038% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.027%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,453.40.0062pay 0.0062% / 8h2h 47m$15.3M$35.1M75x
ShortgTrade (Gains Network) ZEC/USD1,453.2L +0.0007% / S −0.0006%get 0.0001% / 1h47m 18s$5.1M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aster. 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
−$11.74
Price spread: −0.011% → +0.027%
−$3.77
Slippage, 4 orders
−$263.46
Fee Aster: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$296.97
Costs to cover
2.815%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 2 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 Aster live order book, 2 min ago0.72 bp6.6 bp −$710.6 bp −$10625.0 bp −$2,500doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 2 min ago130.03 bp135.0 bp −$135584.7 bp −$5,847doesn'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%1h1,437.8−1.071%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,454.8+0.095%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,451.8−0.105%$17.6M$44.4M25xas long as short
BloFin ZEC-USDT−0.0066%8h1,453−0.024%$28.9M$75.2M75xas long as short
Variational Omni ZEC−0.0026%8h1,451.7−0.115%$45.5M$32.1Mas long as short
Bybit ZECUSDT−0.0007%8h1,452.1−0.089%$269.0M$674.5M75xas long as short
dYdX ZEC-USD0.0000%1h1,454.9+0.101%$410K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,455.7+0.161%$849K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,453.7+0.023%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,453.2−0.010%$566K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDshortL +0.0007% / S −0.0006%1h1,453.2−0.011%$5.1M150x
Orderly PERP_ZEC_USDC+0.0009%8h1,452.7−0.049%$291K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0037% / S +0.0066%1h1,452.8−0.036%$543K100xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,452.7−0.047%$172.1M$1.36B50xas long as short
Aster ZECUSDTlong+0.0062%8h1,453.4long leg$15.3M$35.1M75x
Gate ZEC_USDT+0.0063%8h1,452.9−0.032%$49.1M$185.6M75xas long as short
01 Exchange ZECUSD+0.0072%1h1,454.3+0.061%$8K$8K5xas long as short
Ondo Perps ZEC-USD.P+0.0075%1h1,452.8−0.040%$394K$518K5xas long as short
Katana Perps ZEC-USD+0.0095%8h1,454.1+0.046%$17K$879K10xas long as short
Lighter ZEC+0.0096%1h1,453.4−0.001%$18.7M$53.9M20xas long as short
Popdex ZECUSDT+0.0096%1h1,453.7+0.023%$177K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,453.3−0.004%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,453.6+0.013%$3.0M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,453.8+0.028%$751.8M$494.2M10xas long as short
Pacifica ZEC+0.0100%1h1,454.1+0.047%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,452.9−0.036%$658.8M$2.54B75xas long as short
Bulk ZEC-USD+0.0100%1h1,455+0.109%$896K$37K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,453−0.029%$218.8M$882.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,453.8+0.030%$103.4M$56.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,452.6−0.054%$161.9M$315.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,453.2−0.016%$107.0Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,455.9+0.170%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,453.4+0.005%$487K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,454.1+0.049%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,452.6−0.051%$706K$606K50xas long as short
StandX ZEC-USD+0.0100%1h1,454.3+0.061%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,453.2−0.012%$298K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,452.6−0.052%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451.5−0.130%$441K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,456.7+0.226%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.2−0.082%$219K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,453.3−0.005%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,451.9−0.102%$3.7M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,453.6+0.018%$4.6M$1.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,452.8−0.038%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,454.3+0.060%$863K$2.5M10xas long as short
Extended ZEC-USD+0.0232%1h1,452.7−0.047%$3.3M$7.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,454.7+0.092%$3.7M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0459%1h1,453.7+0.025%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,455.8+0.168%$751K$7.8M10xas long as short
Lighter RH ZEC+0.0736%1h1,455.8+0.169%$1.9M$8.4M10xas long as short