ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: gTrade (Gains Network) against dYdX+0.227%103s7-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—prices read too far apart to compare

costs, in and out, $10k−$3243.243% of the position

Long on dYdX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.087%−$9 on $10k

Price spread, last 4 days (all we have)−0.896%−$90 · spread now +0.227%, 7d avg +0.007%

Together, before fees−0.984%−$98 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: gTrade (Gains Network) is 0.220% dearer against dYdX than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.007%. The two prices were read 103 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	dYdX ZEC-USD	1,500.8	0	get 0.0000% / 1h	30m 33s	$413K	$37K	5x
Short	gTrade (Gains Network) ZEC/USD	1,504.2	L +0.0007% / S −0.0006%	get 0.0001% / 1h	30m 33s	$5.3M	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against dYdX. 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

Position, each leg$Hold fordaysFee dYdXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.227%Rate

Funding earned: $1.31
Price spread: +0.227% → +0.007%: $22.01
Slippage, 4 orders: −$304.28
Fee dYdX: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$300.96
Costs to cover: 3.243%
Break-even: 1610.8 days

Slippage from dYdX: live order book, 17 min ago; gTrade (Gains Network): virtual book (oracle exchange), 2 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 dYdX live order book, 17 min ago	22.10 bp	27.1 bp −$27	45.8 bp −$458	69.0 bp −$6,905	106.3 bp −$53.2K
Sell gTrade (Gains Network) virtual book (oracle exchange), 2 min ago	130.03 bp	135.0 bp −$135	584.7 bp −$5,847	doesn't fit	doesn't fit

ZEC on 50 exchanges

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	−0.4130%	1h	1,489.4	−0.761%	$36K	$267K	12x	as long as short
Aftermath Perps ZECUSD	−0.0237%	1h	1,503.9	+0.205%	$49K	$74K	10x	as long as short
BloFin ZEC-USDT	−0.0200%	8h	1,501.4	+0.041%	$31.9M	$72.8M	75x	as long as short
ApeX Omni ZECUSDT	−0.0198%	1h	1,505.5	+0.314%	$412K	$950K	50x	as long as short
Ondo Perps ZEC-USD.P	−0.0148%	1h	1,503.3	+0.166%	$409K	$497K	5x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,502.7	+0.127%	$6K	$1K	10x	as long as short
dYdX ZEC-USDlong	0.0000%	1h	1,500.8	long leg	$413K	$37K	5x
Kalshi KXZECPERP	0.0000%	8h	1,502.6	+0.119%	$1.5M	$4.9M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,499.4	−0.097%	$63K	$300K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,501.8	+0.068%	$685K	$1.3M	25x	as long as short

Show all 50 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) ZEC/USDshort	L +0.0007% / S −0.0006%	1h	1,504.2	+0.227%	$5.3M	—	150x
01 Exchange ZECUSD	+0.0016%	1h	1,501.5	+0.045%	$8K	$6K	5x	as long as short
RISEx ZEC/USDC	+0.0032%	1h	1,501.5	+0.048%	$908K	$1.3M	10x	as long as short
Phoenix ZEC	+0.0060%	1h	1,503.9	+0.206%	$4.8M	$1.3M	10x	as long as short
Orderly PERP_ZEC_USDC	+0.0065%	8h	1,501.3	+0.033%	$303K	$717K	20x	as long as short
Aster ZECUSDT	+0.0084%	8h	1,501.2	+0.025%	$14.3M	$27.3M	75x	as long as short
Lighter ZEC	+0.0096%	1h	1,502.3	+0.097%	$19.9M	$39.8M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,502.6	+0.119%	$2.1M	$7.2M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,501.4	+0.037%	$170K	$1.4M	50x	as long as short
Katana Perps ZEC-USD	+0.0098%	8h	1,500.6	−0.015%	$25K	$866K	10x	as long as short
Kraken Futures PF_ZECUSD	+0.0099%	1h	1,501.7	+0.058%	$18.6M	$45.6M	25x	as long as short
Paradex ZEC-USD-PERP	+0.0099%	8h	1,500.7	−0.004%	$62K	$14K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,502.8	+0.131%	$3.1M	$7.1M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,503.4	+0.173%	$791.7M	$431.9M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,501.3	+0.029%	$1.7M	$2.0M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,501.4	+0.041%	$703.9M	$2.18B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,501	+0.009%	$273.6M	$587.3M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,501.6	+0.055%	$185.5M	$1.29B	50x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,501.5	+0.049%	$597K	$8.3M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,508.7	+0.526%	$782K	$163K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,500.8	−0.003%	$63.4M	$174.3M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,502.9	+0.139%	$181.6M	$834.9M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,501	+0.012%	$105.7M	$52.2M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,502.4	+0.105%	$164.2M	$277.2M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,501	+0.010%	—	$121.3M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,501.8	+0.063%	$2.2M	$3.7M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,501.2	+0.024%	$49.5M	$33.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,502.9	+0.141%	$549K	$8.6M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,503.9	+0.203%	$3.1M	$616K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,502.4	+0.104%	$112K	$4.5M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,502	+0.079%	$369K	$1.5M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,502.9	+0.139%	$167K	$188K	20x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,504	+0.211%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,501.4	+0.041%	$257K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,501.9	+0.074%	$2.6M	$20.4M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,501.9	+0.075%	$4.0M	$4.8M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,500.9	+0.006%	$2.7M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,501.3	+0.032%	$37K	$163K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0192% / S −0.0208%	1h	1,501.9	+0.071%	$349K	—	100x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0352%	1h	1,503.6	+0.183%	$3.9M	$9.4M	50x	as long as short