Funding you earn now, next payment 05:00 UTC−0.0078%/8h= −8.6% APRpaid last 24h −0.034%
Price spread now: BloFin against gTrade (Gains Network)−0.031%7-day average −0.007% · 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−$285as in the Price arb table
costs, in and out, $10k−$2822.823% of the position
Funding, last 3 days (all we have)−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.031%, 7d avg −0.007%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.024% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ZEC/USD | 1,463.7 | L +0.0007% / S −0.0006% | pay 0.0001% / 1h | 0m 28s | $5.2M | — | 150x |
| Short | BloFin ZEC-USDT | 1,463.3 | −0.0072 | pay 0.0072% / 8h | 3h 00m | $29.7M | $70.6M | 75x |
gTrade (Gains Network) ZEC/USD
BloFin ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$16.47
- Price spread: −0.031% → −0.007%
- −$2.35
- Slippage, 4 orders
- −$260.35
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$301.17
- Costs to cover
- 2.823%
- Break-even
- never at this rate
Slippage from gTrade (Gains Network): virtual book (oracle venue), 4 min ago; BloFin: live order book, 4 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), 4 min ago | 130.03 bp | 135.0 bp −$135 | 425.9 bp −$4,259 | 4809.1 bp −$480.9K | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.07 bp | 6.1 bp −$6 | 7.1 bp −$71 | 13.0 bp −$1,302 | doesn't fit |
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 | 1,463 | −0.049% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,464.4 | +0.049% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDTshort | −0.0072% | 8h | 1,463.3 | −0.031% | $29.7M | $70.6M | 75x | |
| dYdX ZEC-USD | 0.0000% | 1h | 1,465.5 | +0.124% | $407K | $37K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,464.6 | +0.064% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDlong | L +0.0007% / S −0.0006% | 1h | 1,463.7 | long leg | $5.2M | — | 150x | |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,464.3 | +0.039% | $293K | $900K | 20x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0075% | 1h | 1,462.4 | −0.089% | $397K | $436K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0090% / S −0.0042% | 1h | 1,463.8 | +0.004% | $437K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,465.5 | +0.122% | $174K | $1.6M | 50x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
dYdX ZEC-USD
Perpl ZEC
Orderly PERP_ZEC_USDC
Ondo Perps ZEC-USD.P
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 | 1,466.5 | +0.188% | $14K | $799K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,465.9 | +0.148% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,466.1 | +0.165% | $2.9M | $6.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,465.8 | +0.142% | $14.5M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,465.6 | +0.131% | $1.7M | $2.3M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,465.9 | +0.149% | $675.7M | $2.17B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,465.2 | +0.099% | $262.0M | $585.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,465.2 | +0.102% | $179.0M | $1.21B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,462.8 | −0.061% | $884K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,465.5 | +0.120% | $52.7M | $174.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,466 | +0.158% | $218.6M | $777.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,464.8 | +0.075% | $103.2M | $52.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,466.1 | +0.167% | $166.6M | $267.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,464.2 | +0.036% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,462.9 | −0.051% | $48.0M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,463.2 | −0.031% | $569K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,465.7 | +0.139% | $3.0M | $453K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,463 | −0.046% | $404K | $921K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,463.2 | −0.036% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,466 | +0.157% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,465.9 | +0.147% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,463.3 | −0.027% | $447K | $504K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,466.1 | +0.161% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,464.4 | +0.050% | $234K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,462.5 | −0.082% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,464.3 | +0.042% | $3.9M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,465.7 | +0.138% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,464.2 | +0.032% | $47K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,465.7 | +0.135% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,463.3 | −0.030% | $4.7M | $1.3M | 10x | as long as short |
| Kalshi KXZECPERP | +0.0123% | 8h | 1,463.6 | −0.008% | $1.5M | $4.4M | 2.2x | as long as short |
| Lighter RH ZEC | +0.0128% | 1h | 1,466.4 | +0.187% | $2.1M | $7.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0139% | 1h | 1,465.1 | +0.095% | $617K | $1.3M | 25x | as long as short |
| Hyperliquid ZEC | +0.0148% | 1h | 1,466.7 | +0.205% | $764.2M | $419.7M | 10x | as long as short |
| Lighter ZEC | +0.0168% | 1h | 1,466.8 | +0.209% | $19.4M | $45.8M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,465.9 | +0.152% | $927K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0313% | 1h | 1,465.1 | +0.095% | $2.4M | $3.8M | 15x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0331% | 1h | 1,464.4 | +0.050% | $18.0M | $45.6M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,466.8 | +0.210% | $673K | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,466.1 | +0.161% | $3.8M | $9.0M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0684% | 1h | 1,464.4 | +0.046% | $45K | $49K | 10x | as long as short |
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
01 Exchange ZECUSD
Phoenix ZEC
Kalshi KXZECPERP
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
Hyperliquid ZEC
Lighter ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD