ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.010%

Price spread now: Bulk against gTrade (Gains Network)−0.339%7-day average −0.031% · 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−$308as in the Price arb table

costs, in and out, $10k−$2772.771% of the position

Long on gTrade (Gains Network)Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.043%+$4 on $10k

Price spread, last 4 days (all we have)+0.929%+$93 · spread now −0.339%, 7d avg −0.031%

Together, before fees+0.972%+$97 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bulk is 0.308% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.339% now, against its 7-day average of −0.031%). If the spread goes back, that is −$31 on $10k: about 11 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.043% in total) that is about 24 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ZEC/USD	1,465.6	L +0.0007% / S −0.0006%	pay 0.0001% / 1h	11m 04s	$5.2M	—	150x
Short	Bulk ZEC-USD	1,460.6	0.0100	get 0.0013% / 1h	11m 04s	$882K	$17K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee BulkbpOrdersPrice spread, now −0.339%Rate

Funding earned: $19.56
Price spread: −0.339% → −0.031%: −$30.78
Slippage, 4 orders: −$260.13
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$288.35
Costs to cover: 2.771%
Break-even: 110.2 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; Bulk: live order book, 43 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), 3 min ago	130.03 bp	135.0 bp −$135	426.0 bp −$4,260	4809.1 bp −$480.9K	doesn't fit
Sell Bulk live order book, 43 min ago	0.03 bp	3.5 bp −$4	3.7 bp −$37	6.7 bp −$665	16.8 bp −$8,400

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	−0.174%	$34K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,464.4	−0.078%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0071%	8h	1,466.1	+0.037%	$29.7M	$71.0M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,466	+0.026%	$407K	$38K	5x	as long as short
Perpl ZEC	0.0000%	43m	1,465.1	−0.036%	$84K	$239K	10x	as long as short
gTrade (Gains Network) ZEC/USDlong	L +0.0007% / S −0.0006%	1h	1,465.6	long leg	$5.2M	—	150x
Orderly PERP_ZEC_USDC	+0.0063%	8h	1,465.3	−0.023%	$293K	$908K	20x	as long as short
Ondo Perps ZEC-USD.P	+0.0076%	1h	1,460.4	−0.353%	$397K	$435K	5x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0088% / S −0.0039%	1h	1,465.5	−0.004%	$437K	—	100x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,465.6	+0.001%	$173K	$1.6M	50x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps ZEC-USD	+0.0100%	8h	1,466.2	+0.044%	$14K	$804K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,466.5	+0.064%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,466.1	+0.034%	$2.9M	$6.5M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,466	+0.031%	$14.6M	$27.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,466.5	+0.062%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,466	+0.031%	$675.0M	$2.18B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,465.6	+0.001%	$262.6M	$589.9M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,465.4	−0.012%	$179.5M	$1.21B	50x	as long as short
Bulk ZEC-USDshort	+0.0100%	1h	1,460.6	−0.339%	$882K	$17K	10x
Gate ZEC_USDT	+0.0100%	8h	1,466	+0.027%	$52.3M	$173.1M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,465.1	−0.034%	$220.5M	$774.7M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,466.3	+0.048%	$103.3M	$53.1M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,465.7	+0.010%	$166.4M	$268.0M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,465.8	+0.016%	—	$106.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,464.4	−0.080%	$48.0M	$32.5M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,461.5	−0.275%	$569K	$8.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,463.2	−0.164%	$3.0M	$464K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,461.4	−0.287%	$404K	$945K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,462.9	−0.181%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,465.6	+0.001%	$358K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,465.7	+0.011%	$161K	$186K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,464.1	−0.098%	$447K	$504K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,467.6	+0.134%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,465.5	−0.005%	$235K	$3.1M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,464.6	−0.068%	$2.7M	$18.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,465.5	−0.003%	$3.9M	$4.9M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,465.2	−0.027%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,465.2	−0.029%	$47K	$151K	20x	as long as short
Phoenix ZEC	+0.0116%	1h	1,462.7	−0.197%	$4.7M	$1.3M	10x	as long as short
01 Exchange ZECUSD	+0.0120%	1h	1,466.3	+0.048%	$8K	$7K	5x	as long as short
Lighter RH ZEC	+0.0128%	1h	1,467.7	+0.141%	$2.1M	$7.0M	10x	as long as short
Hyperliquid ZEC	+0.0147%	1h	1,467.4	+0.124%	$764.6M	$424.9M	10x	as long as short
Lighter ZEC	+0.0176%	1h	1,467	+0.099%	$19.5M	$45.4M	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0178%	1h	1,466.2	+0.040%	$617K	$1.3M	25x	as long as short
Kalshi KXZECPERP	+0.0179%	8h	1,466.2	+0.041%	$1.5M	$4.4M	2.2x	as long as short
RISEx ZEC/USDC	+0.0216%	1h	1,466.4	+0.055%	$927K	$1.1M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0297%	1h	1,466.4	+0.059%	$2.4M	$3.8M	15x	as long as short
Kraken Futures PF_ZECUSD	+0.0331%	1h	1,465.4	−0.015%	$18.1M	$45.4M	25x	as long as short
Arcus ZEC-USD	+0.0344%	1h	1,467	+0.099%	$681K	$8.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0464%	1h	1,468.4	+0.190%	$3.8M	$9.2M	50x	as long as short
Aftermath Perps ZECUSD	+0.0685%	1h	1,462.2	−0.232%	$45K	$49K	10x	as long as short