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 +0.028%
Price spread now: edgeX against gTrade (Gains Network)−0.014%68s7-day average −0.058% · you buy dearer than you sell
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−$2802.802% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.093%+$9 on $10k
Price spread, last 7 days−0.031%−$3 · spread now −0.014%, 7d avg −0.058%
Together, before fees+0.062%+ Points / potential airdropedgeX: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.044% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.058%. The two prices were read 68 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/USD1,476.5L +0.0007% / S −0.0006%pay 0.0001% / 1h34m 04s$5.2M150x
ShortedgeX ZECUSDC1,476.30.0100get 0.0050% / 4h1h 34m$564K$8.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.014% → −0.058%
$4.41
Slippage, 4 orders
−$261.17
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$256.21
Costs to cover
2.802%
Break-even
98.7 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 5 min ago; edgeX: live order book, 5 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), 5 min ago130.04 bp135.0 bp −$135426.0 bp −$4,2604809.1 bp −$480.9Kdoesn't fit
Sell edgeX live order book, 5 min ago0.51 bp5.1 bp −$58.8 bp −$88doesn't fitdoesn'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+0.043%$34K$273K12xas long as short
BloFin ZEC-USDT−0.0121%8h1,477+0.039%$30.6M$73.7M75xas long as short
Bulk ZEC-USD−0.0118%1h1,480.8+0.294%$895K$15K10xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,476.5+0.003%$17.9M$47.1M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,476.9+0.027%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,476.3−0.009%$410K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,477.1+0.043%$1.5M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,473.8−0.181%$64K$301K10xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,476.5long leg$5.2M150x
Orderly PERP_ZEC_USDC+0.0077%8h1,476−0.030%$297K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,475.8−0.044%$162K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,475.6−0.060%$13K$866K10xas long as short
Nado ZEC-PERP+0.0100%1h1,477.2+0.050%$2.7M$7.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,476.4−0.006%$13.8M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,476.6+0.005%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,477.1+0.040%$688.4M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,476.9+0.026%$265.2M$631.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,477+0.036%$178.8M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,472.5−0.269%$403K$507K5xas long as short
Gate ZEC_USDT+0.0100%8h1,476.9+0.028%$54.1M$182.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,476.8+0.021%$233.7M$782.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,476.6+0.007%$101.0M$57.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,477.2+0.050%$159.0M$288.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,477.1+0.040%$115.3Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,477.4+0.061%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,474.2−0.157%$48.1M$34.1Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,476.3−0.014%$564K$8.9M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,476.1−0.027%$3.0M$488K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,476.1−0.028%$406K$935K50xas long as short
StandX ZEC-USD+0.0100%1h1,474.6−0.130%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,475.6−0.059%$356K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,476.4−0.002%$162K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.4−0.208%$450K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,478.3+0.122%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,476.5−0.001%$251K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,475.7−0.053%$2.6M$19.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,476.9+0.030%$3.9M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,476−0.033%$61K$43K10xas long as short
Extended ZEC-USD+0.0104%1h1,476.1−0.024%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,476.1−0.028%$42K$152K20xas long as short
Aftermath Perps ZECUSD+0.0121%1h1,478.1+0.109%$47K$64K10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0128% / S −0.0121%1h1,476.3−0.010%$428K100xas long as short
RISEx ZEC/USDC+0.0129%1h1,476.2−0.021%$923K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,478.6+0.146%$4.7M$1.4M10xas long as short
01 Exchange ZECUSD+0.0144%1h1,476.3−0.013%$8K$7K5xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0165%1h1,476.6+0.010%$674K$1.4M25xas long as short
Arcus ZEC-USD+0.0221%1h1,478.1+0.111%$637K$8.6M10xas long as short
Hyperliquid ZEC+0.0238%1h1,478.4+0.131%$767.6M$441.7M10xas long as short
Lighter RH ZEC+0.0256%1h1,478.5+0.136%$2.1M$7.4M10xas long as short
Lighter ZEC+0.0304%1h1,478.5+0.140%$19.4M$45.8M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,478.4+0.127%$3.6M$10.0M50xas long as short