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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.018%
Price spread now: Binance against gTrade (Gains Network)+0.016%72s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2822.817% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.057%+$6 on $10k
Price spread, last 7 days−0.038%−$4 · spread now +0.016%, 7d avg +0.003%
Together, before fees+0.019%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,475.7L +0.0007% / S −0.0006%pay 0.0001% / 1h37m 07s$5.2M150x
ShortBinance ZECUSDT1,475.90.0100get 0.0100% / 8h1h 37m$687.9M$2.30B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$19.56
Price spread: +0.016% → +0.003%
$1.38
Slippage, 4 orders
−$261.65
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$260.72
Costs to cover
2.817%
Break-even
100.3 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 2 min ago; Binance: live order book, 7 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), 2 min ago130.04 bp135.0 bp −$135426.0 bp −$4,2604809.1 bp −$480.9Kdoesn't fit
Sell Binance live order book, 7 min ago0.03 bp5.0 bp −$55.9 bp −$5913.8 bp −$1,385doesn'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−0.3684%1h1,477.1+0.096%$34K$273K12xas long as short
BloFin ZEC-USDT−0.0125%8h1,476.2+0.037%$30.4M$73.6M75xas long as short
Bulk ZEC-USD−0.0118%1h1,480.8+0.347%$895K$15K10xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,476+0.023%$17.9M$47.1M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,476.6+0.062%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,476.3+0.042%$410K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,477.9+0.150%$1.5M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,475.5−0.014%$64K$301K10xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,475.7long leg$5.2M150x
Orderly PERP_ZEC_USDC+0.0076%8h1,476.1+0.026%$297K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,476.8+0.074%$161K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,476.5+0.056%$13K$866K10xas long as short
Nado ZEC-PERP+0.0100%1h1,476.9+0.082%$2.7M$7.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,475.4−0.018%$13.8M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,477+0.088%$1.7M$2.4M10xas long as short
Binance ZECUSDTshort+0.0100%8h1,475.9+0.016%$687.9M$2.30B75x
Bybit ZECUSDT+0.0100%8h1,475.4−0.018%$265.3M$631.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,475.4−0.018%$178.6M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,481.9+0.420%$405K$510K5xas long as short
Gate ZEC_USDT+0.0100%8h1,475.6−0.005%$53.8M$182.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,476+0.021%$233.7M$780.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,476.5+0.051%$101.0M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,475.8+0.008%$159.0M$288.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,475.70.000%$115.2Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,476.6+0.058%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,484.9+0.622%$48.5M$33.9Mas long as short
edgeX ZECUSDC+0.0100%4h1,479+0.222%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,484.3+0.584%$3.0M$488K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,485+0.633%$409K$934K50xas long as short
StandX ZEC-USD+0.0100%1h1,476.4+0.045%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,476.1+0.027%$357K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,476.4+0.048%$162K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,478+0.155%$451K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,478.3+0.174%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,476+0.020%$251K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,475.8+0.009%$2.6M$19.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,476.5+0.057%$3.9M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,477+0.091%$61K$43K10xas long as short
Extended ZEC-USD+0.0104%1h1,476.1+0.026%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,476.1+0.027%$42K$152K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0127% / S −0.0119%1h1,475.9+0.016%$428K100xas long as short
RISEx ZEC/USDC+0.0129%1h1,476.6+0.058%$923K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,478.6+0.198%$4.7M$1.4M10xas long as short
01 Exchange ZECUSD+0.0136%1h1,477.3+0.110%$8K$7K5xas long as short
Aftermath Perps ZECUSD+0.0137%1h1,480.6+0.333%$47K$64K10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0172%1h1,476.8+0.075%$674K$1.4M25xas long as short
Hyperliquid ZEC+0.0219%1h1,477.3+0.108%$767.5M$441.2M10xas long as short
Arcus ZEC-USD+0.0221%1h1,478.3+0.178%$636K$8.6M10xas long as short
Lighter ZEC+0.0288%1h1,477.5+0.123%$19.4M$45.7M20xas long as short
Lighter RH ZEC+0.0288%1h1,477.4+0.117%$2.1M$7.4M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,477.8+0.144%$3.6M$10.0M50xas long as short