ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0465%/8h= +50.9% APRnext payment +$0.58 per $10,000 · paid last 24h +0.108%

Price spread now: Coinbase International against gTrade (Gains Network)+0.176%7-day average +0.118% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$290as in the Price arb table

costs, in and out, $10k−$2962.961% of the position

Long on gTrade (Gains Network)Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.270%+$27 on $10k

Price spread, last 3 days (all we have)−0.022%−$2 · spread now +0.176%, 7d avg +0.118%

Together, before fees+0.248%+$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Coinbase International is 0.058% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.118%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ZEC/USD	1,475.2	L +0.0007% / S −0.0006%	pay 0.0001% / 1h	26m 30s	$5.2M	—	150x
Short	Coinbase International ZEC-PERP-INTX	1,477.8	0.0472	get 0.0059% / 1h	26m 30s	$3.7M	$9.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.176%Rate

Funding earned: $97.68
Price spread: +0.176% → +0.118%: $5.82
Slippage, 4 orders: −$276.09
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$192.59
Costs to cover: 2.961%
Break-even: 20.8 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; Coinbase International: 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), 3 min ago	130.01 bp	135.0 bp −$135	426.0 bp −$4,260	4809.1 bp −$480.9K	doesn't fit
Sell Coinbase International live order book, 3 min ago	0.14 bp	12.2 bp −$12	14.5 bp −$145	42.4 bp −$4,241	doesn't fit

ZEC on 50 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	−0.3678%	1h	1,475.4	+0.016%	$34K	$274K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,475.3	+0.005%	$6K	$1K	10x	as long as short
Ondo Perps ZEC-USD.P	−0.0017%	1h	1,474.1	−0.075%	$400K	$518K	5x	as long as short
Kraken Futures PF_ZECUSD	−0.0002%	1h	1,475	−0.012%	$18.1M	$43.5M	25x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,475.9	+0.047%	$416K	$55K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,476.4	+0.083%	$976K	$5.0M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,475.3	+0.008%	$84K	$254K	10x	as long as short
gTrade (Gains Network) ZEC/USDlong	L +0.0007% / S −0.0006%	1h	1,475.2	long leg	$5.2M	—	150x
Orderly PERP_ZEC_USDC	+0.0027%	8h	1,474.8	−0.027%	$294K	$1.1M	20x	as long as short
Variational Omni ZEC	+0.0040%	8h	1,476.4	+0.079%	$48.0M	$33.0M	—	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0009%	1h	1,474.9	−0.019%	$385K	—	100x	as long as short
01 Exchange ZECUSD	+0.0064%	1h	1,476.9	+0.111%	$8K	$9K	5x	as long as short
Phoenix ZEC	+0.0070%	1h	1,478.2	+0.204%	$4.7M	$1.5M	10x	as long as short
OKX ZEC-USDT-SWAP	+0.0095%	8h	1,476.6	+0.095%	$181.6M	$1.28B	50x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,476.8	+0.105%	$174K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,476.6	+0.091%	$17K	$840K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,476.8	+0.107%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,477	+0.118%	$2.6M	$6.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,476.6	+0.094%	$768.5M	$445.2M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,476	+0.051%	$14.9M	$30.8M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,476.5	+0.088%	$1.7M	$2.7M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,476.8	+0.109%	$682.6M	$2.33B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,476.5	+0.084%	$272.3M	$618.1M	75x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,476.6	+0.093%	$896K	$18K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,476.5	+0.087%	$50.2M	$175.7M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,476.6	+0.092%	$215.7M	$799.6M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,475.5	+0.022%	$103.8M	$56.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,476.5	+0.084%	$164.0M	$283.5M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,476.5	+0.089%	—	$100.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,476.1	+0.059%	$574K	$9.0M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,475	−0.013%	$3.0M	$443K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,474	−0.080%	$429K	$907K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,475.6	+0.023%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,476.6	+0.094%	$340K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,475	−0.015%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,473.5	−0.117%	$458K	$510K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,477.7	+0.169%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,474.9	−0.022%	$243K	$3.7M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,475.7	+0.033%	$2.6M	$18.9M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,475.7	+0.033%	$3.9M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,476.5	+0.084%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,475	−0.015%	$48K	$162K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0128%	1h	1,475.7	+0.030%	$614K	$1.3M	25x	as long as short
Arcus ZEC-USD	+0.0254%	1h	1,477.5	+0.156%	$685K	$8.7M	10x	as long as short
Lighter ZEC	+0.0264%	1h	1,477.7	+0.166%	$19.3M	$48.1M	20x	as long as short
Lighter RH ZEC	+0.0304%	1h	1,477.4	+0.146%	$2.1M	$7.1M	10x	as long as short
RISEx ZEC/USDC	+0.0374%	1h	1,477.2	+0.138%	$867K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTXshort	+0.0472%	1h	1,477.8	+0.176%	$3.7M	$9.5M	50x
Backpack ZEC_USDC_PERP	+0.0503%	1h	1,475.5	+0.021%	$2.5M	$3.9M	15x	as long as short
Aftermath Perps ZECUSD	+0.0726%	1h	1,475.4	+0.015%	$44K	$46K	10x	as long as short