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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.027%
Price spread now: Aevo against gTrade (Gains Network)−0.045%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$312as in the Price arb table
costs, in and out, $10k−$3083.075% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.091%+$9 on $10k
Price spread, last 4 days (all we have)+0.095%+$9 · spread now −0.045%, 7d avg −0.005%
Together, before fees+0.186%+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aevo is 0.040% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of −0.005%). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,504.3L +0.0007% / S −0.0006%pay 0.0001% / 1h40m 43s$5.3M150x
ShortAevo ZEC-PERP1,503.60.0104get 0.0013% / 1h40m 43s$43K$151K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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
$20.4
Price spread: −0.045% → −0.005%
−$3.99
Slippage, 4 orders
−$281.52
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$291.11
Costs to cover
3.075%
Break-even
106.9 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; Aevo: live order book, 63 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 gTrade (Gains Network) virtual book (oracle venue), 3 min ago130.04 bp135.0 bp −$135425.9 bp −$4,2594809.1 bp −$480.9Kdoesn't fit
Sell Aevo live order book, 63 min ago8.31 bp18.0 bp −$1824.4 bp −$24436.0 bp −$3,599doesn'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−0.3442%1h1,504.3−0.003%$37K$275K12xas long as short
Perpl ZEC−0.0447%43m1,502.1−0.147%$62K$304K10xas long as short
BloFin ZEC-USDT−0.0180%8h1,504.4+0.005%$31.0M$75.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,503.9−0.029%$6K$1K10xas long as short
Aftermath Perps ZECUSD−0.0072%1h1,501−0.222%$48K$59K10xas long as short
Bulk ZEC-USD−0.0053%1h1,497−0.484%$904K$2K10xas long as short
dYdX ZEC-USD0.0000%1h1,505.9+0.104%$418K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,503.6−0.048%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,504.3long leg$5.3M150x
Kraken Futures PF_ZECUSD+0.0012%1h1,504.4+0.005%$18.1M$46.7M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0083%8h1,503.5−0.056%$303K$1.1M20xas long as short
Ondo Perps ZEC-USD.P+0.0095%1h1,500.8−0.233%$411K$563K5xas long as short
Phoenix ZEC+0.0096%1h1,505.2+0.059%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,503.6−0.046%$175K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,503.9−0.029%$14K$878K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,505.3+0.064%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,504.6+0.023%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,506.7+0.160%$787.3M$445.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,504.6+0.019%$14.1M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,505.3+0.065%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,505.1+0.052%$704.1M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,504.2−0.004%$271.1M$623.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,504.4+0.007%$183.6M$1.34B50xas long as short
Gate ZEC_USDT+0.0100%8h1,505.5+0.080%$56.4M$183.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,504.9+0.042%$241.0M$793.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,505.3+0.068%$103.6M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,504.9+0.039%$162.5M$289.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,504.6+0.019%$118.2Mas long as short
Variational Omni ZEC+0.0100%8h1,503−0.089%$49.1M$34.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,503.8−0.032%$575K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,500.8−0.230%$3.1M$507K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,499.8−0.300%$413K$945K50xas long as short
StandX ZEC-USD+0.0100%1h1,504.9+0.038%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,503.7−0.040%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,503.8−0.030%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,502.8−0.099%$459K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,506+0.114%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,503.9−0.030%$254K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,502.8−0.102%$2.7M$20.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,504.2−0.008%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,504.1−0.012%$2.8M$7.9M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,503.6−0.045%$43K$151K20x
01 Exchange ZECUSD+0.0112%1h1,504−0.022%$8K$6K5xas long as short
RISEx ZEC/USDC+0.0128%1h1,505.2+0.059%$947K$1.1M10xas long as short
Lighter RH ZEC+0.0136%1h1,506.1+0.121%$2.1M$7.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0161% / S −0.0199%1h1,504.2−0.005%$437K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0161%1h1,504.6+0.017%$687K$1.4M25xas long as short
Lighter ZEC+0.0232%1h1,506.1+0.119%$19.8M$45.2M20xas long as short
Arcus ZEC-USD+0.0403%1h1,505.6+0.087%$607K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,504.9+0.039%$3.7M$10.2M50xas long as short
Backpack ZEC_USDC_PERP+0.0541%1h1,504.9+0.038%$2.4M$3.9M15xas long as short