Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.036%
Price spread now: Extended against gTrade (Gains Network)+0.032%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2822.820% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.096%+$10 on $10k
Price spread, last 7 days−0.080%−$8 · spread now +0.032%, 7d avg −0.031%
Together, before fees+0.016%+ Points / potential airdropExtended: Active · farm board+$2 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 Extended is 0.063% 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 −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,515.2L +0.0007% / S −0.0006%pay 0.0001% / 1h58m 45s$5.4M150x
ShortExtended ZEC-USD1,515.70.0104get 0.0013% / 1h58m 45s$2.7M$8.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$20.4
Price spread: +0.032% → −0.031%
$6.33
Slippage, 4 orders
−$267
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$255.27
Costs to cover
2.820%
Break-even
94.6 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), just now; Extended: 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), just now130.00 bp135.0 bp −$135425.9 bp −$4,2594809.1 bp −$480.9Kdoesn't fit
Sell Extended live order book, 5 min ago1.97 bp4.5 bp −$410.4 bp −$10451.9 bp −$5,186doesn't fit

ZEC on 50 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−0.3702%1h1,496.3−1.251%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,513.8−0.091%$62K$305K10xas long as short
Bulk ZEC-USD−0.0412%1h1,508.1−0.469%$776K$147K10xas long as short
Bybit ZECUSDT−0.0179%8h1,515.2−0.001%$272.9M$628.8M75xas long as short
BloFin ZEC-USDT−0.0164%8h1,515.6+0.026%$31.5M$77.1M75xas long as short
Aftermath Perps ZECUSD−0.0108%1h1,512.4−0.183%$48K$59K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,515.5+0.018%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,515.3+0.003%$421K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,515.9+0.044%$1.6M$5.0M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,515.7+0.031%$692K$1.4M25xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,515.2long leg$5.4M150x
01 Exchange ZECUSD+0.0008%1h1,515.2+0.001%$8K$6K5xas long as short
Kraken Futures PF_ZECUSD+0.0019%1h1,515.9+0.044%$18.3M$47.8M25xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,515.5+0.018%$305K$863K20xas long as short
Phoenix ZEC+0.0096%1h1,514.3−0.063%$4.8M$1.4M10xas long as short
Lighter RH ZEC+0.0096%1h1,517.4+0.145%$2.1M$7.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,515.2−0.001%$176K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,516.2+0.065%$62K$19K10xas long as short
Nado ZEC-PERP+0.0100%1h1,515.5+0.016%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,516.2+0.065%$793.2M$447.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,515.3+0.006%$14.2M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,516.2+0.064%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,516.1+0.061%$716.5M$2.33B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,516+0.054%$183.5M$1.38B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,510−0.345%$413K$552K5xas long as short
Gate ZEC_USDT+0.0100%8h1,515.4+0.013%$59.9M$181.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,516.4+0.080%$299.5M$808.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,515.5+0.017%$103.7M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,515.6+0.023%$163.7M$294.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,515−0.017%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,513.8−0.095%$50.0M$35.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,510.8−0.290%$578K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,514.6−0.038%$3.1M$532K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,509.9−0.349%$416K$948K50xas long as short
StandX ZEC-USD+0.0100%1h1,514.1−0.075%$54K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,515.3+0.005%$376K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,515.3+0.004%$169K$193K20xas long as short
Derive ZEC-PERP+0.0100%1h1,514.5−0.050%$452K$408K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,517.9+0.177%$4K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,515.6+0.027%$256K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,514.7−0.036%$2.7M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,515.9+0.044%$4.1M$4.9M50xas long as short
Extended ZEC-USDshort+0.0104%1h1,515.7+0.032%$2.7M$8.0M10x
Aevo ZEC-PERP+0.0104%1h1,515.7+0.033%$43K$151K20xas long as short
Lighter ZEC+0.0112%1h1,517.1+0.124%$19.7M$43.7M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0151% / S −0.0152%1h1,515.1−0.006%$336K100xas long as short
RISEx ZEC/USDC+0.0157%1h1,515.6+0.026%$966K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,515.1−0.011%$3.7M$9.8M50xas long as short
Arcus ZEC-USD+0.0403%1h1,515.7+0.033%$596K$8.9M10xas long as short
Backpack ZEC_USDC_PERP+0.0509%1h1,516+0.048%$2.4M$3.8M15xas long as short