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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0077%/8h= +8.4% APRnext payment +$0.77 per $10,000 · paid last 24h +0.006%
Price spread now: Gate against Bybit+0.067%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$330.329% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.221%−$22 on $10k
Price spread, last 7 days−0.056%−$6 · spread now +0.067%, 7d avg +0.001%
Together, before fees−0.278%−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.066% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.001%. Mind the row above: over the last 7 days funding on this pair cost −0.221%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZECUSDT1,456−0.0004get 0.0004% / 8h2h 15m$268.8M$677.4M75x
ShortGate ZEC_USDT1,4570.0073get 0.0073% / 8h2h 15m$49.3M$190.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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
$16.17
Price spread: +0.067% → +0.001%
$6.57
Slippage, 4 orders
−$6.87
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$10.13
Costs to cover
0.329%
Break-even
11.4 days
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 3 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 Bybit live order book, 3 min ago0.03 bp5.5 bp −$68.6 bp −$8620.4 bp −$2,04141.7 bp −$20.8K
Sell Gate live order book, 3 min ago0.03 bp8.2 bp −$813.8 bp −$13829.5 bp −$2,94652.9 bp −$26.4K

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%1h1,433.1−1.572%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0086%8h1,455.9−0.012%$28.7M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,457.5+0.102%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,456.7+0.043%$17.7M$44.6M25xas long as short
Bybit ZECUSDTlong−0.0004%8h1,456long leg$268.8M$677.4M75x
dYdX ZEC-USD0.0000%1h1,457.2+0.079%$410K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,457.1+0.075%$933K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,456.8+0.049%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,457.5+0.102%$593K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.6+0.109%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEC+0.0008%8h1,455.6−0.031%$45.8M$33.2Mas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,456.9+0.056%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0020% / S +0.0072%1h1,457.2+0.082%$557K100xas long as short
01 Exchange ZECUSD+0.0048%1h1,458+0.138%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0058%8h1,457+0.066%$173.9M$1.36B50xas long as short
Gate ZEC_USDTshort+0.0073%8h1,457+0.067%$49.3M$190.7M75x
Ondo Perps ZEC-USD.P+0.0079%1h1,452.8−0.222%$395K$519K5xas long as short
Aster ZECUSDT+0.0094%8h1,456.8+0.056%$15.3M$34.3M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,457.5+0.100%$13K$872K10xas long as short
Lighter ZEC+0.0096%1h1,458.6+0.177%$18.8M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,457.6+0.109%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.5+0.103%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.7+0.113%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,457.8+0.125%$753.9M$495.1M10xas long as short
Pacifica ZEC+0.0100%1h1,457.7+0.112%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.2+0.081%$664.7M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.9+0.062%$217.3M$898.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.1+0.074%$103.1M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457+0.066%$161.3M$312.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,456−0.005%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,457.4+0.097%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,456.9+0.060%$489K$9.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.7+0.047%$3.0M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457+0.066%$428K$814K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.3+0.019%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.2+0.080%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,456.9+0.063%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,455.7−0.026%$443K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,459.1+0.208%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,456.8+0.054%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,457.2+0.078%$2.4M$25.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457+0.066%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,455−0.071%$896K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,457.5+0.100%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,457.6+0.105%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.1+0.073%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,458+0.137%$863K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,459.3+0.225%$3.8M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0460%1h1,457+0.067%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,458.9+0.197%$750K$8.0M10xas long as short
Lighter RH ZEC+0.0616%1h1,459.2+0.219%$1.9M$8.5M10xas long as short