Funding you earn now, next payment 04:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.023%
Price spread now: gTrade (Gains Network) against Bullet+0.002%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$284as in the Price arb table
costs, in and out, $10k−$2842.840% of the position
Funding, last 3 days (all we have)−0.082%−$8 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.002%, 7d avg +0.007%
=The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet ZEC-USD | 1,447.3 | 0.0100 | pay 0.0013% / 1h | 46m 16s | $159K | $185K | 20x |
| Short | gTrade (Gains Network) ZEC/USD | 1,447.3 | L +0.0007% / S −0.0006% | get 0.0001% / 1h | 46m 16s | $5.1M | — | 150x |
Bullet ZEC-USD
gTrade (Gains Network) ZEC/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Bullet. 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
- −$19.68
- Price spread: +0.002% → +0.007%
- −$0.47
- Slippage, 4 orders
- −$265.98
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$304.13
- Costs to cover
- 2.840%
- Break-even
- never at this rate
Slippage from Bullet: live order book, 13 min ago; gTrade (Gains Network): virtual book (oracle venue), 3 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 Bullet live order book, 13 min ago | 1.72 bp | 6.7 bp −$7 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 3 min ago | 130.02 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 | −0.3166% | 1h | 1,448 | +0.046% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,447.5 | +0.011% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0072% | 8h | 1,447.3 | +0.003% | $29.2M | $70.4M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,447 | −0.022% | $407K | $40K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,447.7 | +0.029% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,447.4 | +0.009% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDshort | L +0.0007% / S −0.0006% | 1h | 1,447.3 | +0.002% | $5.1M | — | 150x | |
| Orderly PERP_ZEC_USDC | +0.0058% | 8h | 1,448.1 | +0.053% | $290K | $958K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,448.1 | +0.056% | $8K | $7K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0064% / S −0.0015% | 1h | 1,447.1 | −0.014% | $407K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
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 | 1,447.8 | +0.033% | $173K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,447.5 | +0.013% | $10K | $874K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,448.1 | +0.055% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,447.8 | +0.033% | $2.5M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,448.7 | +0.097% | $753.4M | $434.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,447.8 | +0.034% | $14.4M | $27.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,448 | +0.048% | $1.6M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,447.5 | +0.012% | $663.9M | $2.22B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,447.4 | +0.007% | $260.9M | $602.4M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,448.5 | +0.081% | $176.7M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,445.7 | −0.110% | $394K | $442K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,449.4 | +0.148% | $876K | $23K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,447.5 | +0.012% | $50.0M | $172.6M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,447.5 | +0.012% | $215.1M | $768.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,447.6 | +0.023% | $101.9M | $54.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,448.3 | +0.070% | $164.4M | $273.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,446.9 | −0.029% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,448.2 | +0.063% | $2.5M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,447.2 | −0.010% | $47.4M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,446.4 | −0.059% | $563K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,447.7 | +0.029% | $3.0M | $437K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,446.8 | −0.038% | $402K | $920K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,447.7 | +0.028% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,447.3 | 0.000% | $364K | $1.8M | 10x | as long as short |
| Bullet ZEC-USDlong | +0.0100% | 1h | 1,447.3 | long leg | $159K | $185K | 20x | |
| Derive ZEC-PERP | +0.0100% | 1h | 1,446.9 | −0.024% | $442K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,450 | +0.188% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,448.2 | +0.060% | $232K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,446.9 | −0.029% | $2.6M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,447 | −0.019% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,448.1 | +0.058% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,448 | +0.049% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,448.9 | +0.112% | $4.6M | $1.3M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0279% | 1h | 1,448.2 | +0.066% | $17.9M | $44.9M | 25x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0323% | 1h | 1,448.7 | +0.098% | $608K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0344% | 1h | 1,449 | +0.117% | $19.1M | $45.9M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0412% | 1h | 1,448.4 | +0.076% | $920K | $1.1M | 10x | as long as short |
| Lighter RH ZEC | +0.0424% | 1h | 1,449.8 | +0.173% | $2.0M | $6.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,449.6 | +0.160% | $3.8M | $9.0M | 50x | as long as short |
| Arcus ZEC-USD | +0.0626% | 1h | 1,449.8 | +0.174% | $738K | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0670% | 1h | 1,448.3 | +0.067% | $44K | $49K | 10x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
Kraken Futures PF_ZECUSD
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
RISEx ZEC/USDC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD