Funding you earn now, next payment 05:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.018%
Price spread now: BingX against gTrade (Gains Network)−0.003%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2872.873% of the position
Funding, last 3 days (all we have)+0.072%+$7 on $10k
+Price spread, last 7 days−0.097%−$10 · spread now −0.003%, 7d avg −0.084%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.081% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ZEC/USD | 1,457.3 | L +0.0007% / S −0.0006% | pay 0.0001% / 1h | 59m 13s | $5.2M | — | 150x |
| Short | BingX ZEC-USDC | 1,457.3 | 0.0100 | get 0.0100% / 8h | 3h 59m | — | $6.7M | — |
gTrade (Gains Network) ZEC/USD
BingX ZEC-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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 itlatest
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: −0.003% → −0.084%
- $8.05
- Slippage, 4 orders
- −$267.27
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$259.67
- Costs to cover
- 2.873%
- Break-even
- 99.9 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 5 min ago; BingX: live order book, 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 gTrade (Gains Network) virtual book (oracle venue), 5 min ago | 130.05 bp | 135.1 bp −$135 | 426.0 bp −$4,260 | 4809.1 bp −$480.9K | doesn't fit |
| Sell BingX live order book, 3 min ago | 0.62 bp | 8.1 bp −$8 | 13.6 bp −$136 | 29.9 bp −$2,987 | 77.9 bp −$39.0K |
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 | −0.3042% | 1h | 1,459.7 | +0.160% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,460.5 | +0.214% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0070% | 8h | 1,456.6 | −0.050% | $29.5M | $70.8M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,459.6 | +0.157% | $411K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,461 | +0.251% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,457.5 | +0.011% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDlong | L +0.0007% / S −0.0006% | 1h | 1,457.3 | long leg | $5.2M | — | 150x | |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,457.3 | −0.004% | $291K | $952K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0071% / S −0.0023% | 1h | 1,457.4 | +0.003% | $409K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,458 | +0.042% | $173K | $1.7M | 50x | 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
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,458.5 | +0.077% | $10K | $858K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,458.6 | +0.086% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,459.4 | +0.139% | $2.9M | $6.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,457.6 | +0.018% | $758.3M | $431.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,458.1 | +0.050% | $14.8M | $27.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,459.2 | +0.129% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,456.6 | −0.050% | $669.1M | $2.21B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,456.1 | −0.089% | $261.4M | $602.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,456.5 | −0.059% | $178.2M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,458 | +0.045% | $396K | $442K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.5 | +0.014% | $880K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,456.6 | −0.049% | $50.6M | $169.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,456.5 | −0.058% | $214.8M | $763.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,456.8 | −0.039% | $102.8M | $54.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,456.8 | −0.038% | $165.6M | $271.0M | 75x | as long as short |
| BingX ZEC-USDCshort | +0.0100% | 8h | 1,457.3 | −0.003% | — | $6.7M | — | |
| Variational Omni ZEC | +0.0100% | 8h | 1,457.6 | +0.019% | $47.8M | $32.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,457.9 | +0.041% | $567K | $8.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,459.1 | +0.122% | $3.0M | $451K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,459.1 | +0.119% | $405K | $942K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,459.7 | +0.164% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,457.6 | +0.018% | $354K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,457.6 | +0.019% | $161K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,456.1 | −0.083% | $445K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,460.4 | +0.211% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,456.9 | −0.031% | $233K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,457 | −0.023% | $2.7M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,457.1 | −0.014% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,457.2 | −0.011% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,457.2 | −0.010% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,458.7 | +0.092% | $4.6M | $1.3M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0128% | 1h | 1,458.3 | +0.068% | $8K | $7K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0187% | 1h | 1,457.9 | +0.038% | $615K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,458.2 | +0.056% | $923K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0234% | 1h | 1,456.8 | −0.038% | $2.4M | $3.9M | 15x | as long as short |
| Lighter ZEC | +0.0256% | 1h | 1,457.9 | +0.036% | $19.2M | $44.6M | 20x | as long as short |
| Lighter RH ZEC | +0.0312% | 1h | 1,458.1 | +0.049% | $2.1M | $6.9M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0333% | 1h | 1,456.8 | −0.038% | $18.0M | $45.2M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,459.7 | +0.159% | $3.8M | $9.1M | 50x | as long as short |
| Arcus ZEC-USD | +0.0626% | 1h | 1,459.6 | +0.155% | $677K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0673% | 1h | 1,458.5 | +0.079% | $45K | $49K | 10x | as long as short |
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
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
01 Exchange ZECUSD
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Lighter ZEC
Lighter RH ZEC
Kraken Futures PF_ZECUSD
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD