Funding you earn now, next payment 00:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.54 per $10,000 · paid last 24h +0.004%
Price spread now: Gate against Bitget−0.056%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$370.366% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 7 days+0.061%+$6 · spread now −0.056%, 7d avg +0.002%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.058% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.002%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.073%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZECUSDT | 1,463.8 | 0.0100 | pay 0.0100% / 8h | 1h 39m | $161.9M | $307.1M | 75x |
| Short | Gate ZEC_USDT | 1,463 | 0.0046 | get 0.0046% / 8h | 1h 39m | $50.0M | $184.6M | 75x |
Bitget ZECUSDT
Gate ZEC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$11.34
- Price spread: −0.056% → +0.002%
- −$5.78
- Slippage, 4 orders
- −$9.64
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$53.76
- Costs to cover
- 0.366%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 5 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 Bitget live order book, 5 min ago | 0.03 bp | 7.2 bp −$7 | 10.7 bp −$107 | 17.5 bp −$1,752 | doesn't fit |
| Sell Gate live order book, 5 min ago | 0.48 bp | 10.9 bp −$11 | 15.0 bp −$150 | 32.9 bp −$3,287 | 58.0 bp −$29.0K |
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 | −0.3310% | 1h | 1,468.7 | +0.335% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0405% | 1h | 1,464.4 | +0.041% | $17.8M | $44.7M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0234% | 1h | 1,466 | +0.150% | $398K | $520K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0099% | 8h | 1,465.9 | +0.143% | $29.2M | $75.4M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,463.2 | −0.041% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0050% | 8h | 1,463.1 | −0.046% | $271.3M | $673.4M | 75x | as long as short |
| Variational Omni ZEC | −0.0026% | 8h | 1,465.3 | +0.100% | $46.6M | $34.0M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,463.9 | +0.009% | $412K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,465.2 | +0.098% | $888K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,463.2 | −0.044% | $83K | $404K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,465.2 | +0.097% | $596K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,464.1 | +0.019% | $5.2M | — | 150x | as long as short |
| ApeX Omni ZECUSDT | +0.0007% | 1h | 1,466.5 | +0.187% | $431K | $820K | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0009% / S +0.0079% | 1h | 1,463.9 | +0.007% | $541K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0014% | 8h | 1,464.7 | +0.064% | $292K | $1.5M | 20x | as long as short |
| Bulk ZEC-USD | +0.0030% | 1h | 1,466 | +0.151% | $905K | $27K | 10x | as long as short |
| Gate ZEC_USDTshort | +0.0046% | 8h | 1,463 | −0.056% | $50.0M | $184.6M | 75x | |
| OKX ZEC-USDT-SWAP | +0.0047% | 8h | 1,463.7 | −0.005% | $175.7M | $1.35B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,464.1 | +0.023% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,468.3 | +0.310% | $4.6M | $1.6M | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,464.7 | +0.059% | $14K | $862K | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,463.5 | −0.022% | $173K | $1.9M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,463 | −0.055% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,464.2 | +0.030% | $2.5M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,464.7 | +0.061% | $759.0M | $484.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,463.3 | −0.036% | $15.4M | $33.3M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,463.8 | +0.001% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,463.4 | −0.025% | $674.3M | $2.50B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,463.6 | −0.014% | $220.9M | $858.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,464.1 | +0.019% | $103.1M | $56.0M | 75x | as long as short |
| Bitget ZECUSDTlong | +0.0100% | 8h | 1,463.8 | long leg | $161.9M | $307.1M | 75x | |
| BingX ZEC-USDC | +0.0100% | 8h | 1,462.1 | −0.117% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,465.9 | +0.142% | $510K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,464.7 | +0.059% | $3.0M | $481K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,465.4 | +0.109% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,463.6 | −0.014% | $344K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.6 | −0.014% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,463.2 | −0.043% | $447K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,466.2 | +0.163% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,464.5 | +0.045% | $222K | $4.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,464.2 | +0.024% | $2.5M | $24.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,465.1 | +0.087% | $3.8M | $5.4M | 50x | as long as short |
| Lighter ZEC | +0.0104% | 1h | 1,464.8 | +0.066% | $19.0M | $52.5M | 20x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,463.6 | −0.012% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,465.2 | +0.094% | $37K | $367K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,463.7 | −0.004% | $842K | $1.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0226% | 1h | 1,464.9 | +0.078% | $2.3M | $3.9M | 15x | as long as short |
| Lighter RH ZEC | +0.0416% | 1h | 1,465.7 | +0.127% | $2.0M | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,466.6 | +0.188% | $3.7M | $11.7M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,464.9 | +0.074% | $737K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0529% | 1h | 1,465.8 | +0.140% | $41K | $34K | 10x | as long as short |
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
ApeX Omni ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]
Orderly PERP_ZEC_USDC
Bulk ZEC-USD
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
Phoenix ZEC
Katana Perps ZEC-USD
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Lighter ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD