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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.015%
Price spread now: Gate against gTrade (Gains Network)+0.037%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$289as in the Price arb table
costs, in and out, $10k−$2932.925% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.045%+$4 on $10k
Price spread, last 7 days−0.054%−$5 · spread now +0.037%, 7d avg 0.000%
Together, before fees−0.009%−$1 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 Gate is 0.037% 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 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,463.9L +0.0007% / S −0.0006%pay 0.0001% / 1h11m 39s$5.2M150x
ShortGate ZEC_USDT1,464.40.0100get 0.0100% / 8h3h 11m$52.2M$172.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.037% → 0.000%
$3.67
Slippage, 4 orders
−$267.51
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$269.29
Costs to cover
2.925%
Break-even
103.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 2 min ago; Gate: live order book, 2 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), 2 min ago130.03 bp135.0 bp −$135426.0 bp −$4,2604809.1 bp −$480.9Kdoesn't fit
Sell Gate live order book, 2 min ago0.03 bp11.5 bp −$1115.4 bp −$15428.8 bp −$2,87655.0 bp −$27.5K

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−0.3042%1h1,461.1−0.191%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,463.4−0.033%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,461.9−0.137%$29.6M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,466+0.144%$407K$38K5xas long as short
Perpl ZEC0.0000%43m1,463.1−0.049%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,463.9long leg$5.2M150x
Orderly PERP_ZEC_USDC+0.0063%8h1,463.7−0.009%$293K$910K20xas long as short
Ondo Perps ZEC-USD.P+0.0076%1h1,460.4−0.236%$397K$435K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0088% / S −0.0039%1h1,463.6−0.016%$436K100xas long as short
Popdex ZECUSDT+0.0096%1h1,462.9−0.064%$175K$1.6M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,464.1+0.017%$14K$804K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.5+0.182%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.3−0.107%$2.9M$6.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,465.9+0.142%$14.6M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,466.5+0.180%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,465.9+0.142%$674.9M$2.17B75xas long as short
Bybit ZECUSDT+0.0100%8h1,465.8+0.135%$262.5M$589.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,466.3+0.165%$179.8M$1.21B50xas long as short
Bulk ZEC-USD+0.0100%1h1,460.6−0.221%$882K$17K10xas long as short
Gate ZEC_USDTshort+0.0100%8h1,464.4+0.037%$52.2M$172.9M75x
MEXC ZEC_USDT+0.0100%8h1,466.6+0.186%$220.4M$774.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466.6+0.186%$103.3M$53.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.5+0.184%$166.5M$267.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,466.3+0.166%$106.6Mas long as short
Variational Omni ZEC+0.0100%8h1,458.8−0.346%$47.8M$32.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,460.1−0.257%$568K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,461.4−0.167%$3.0M$464K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458.6−0.356%$403K$944K50xas long as short
StandX ZEC-USD+0.0100%1h1,462.1−0.121%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,462.7−0.079%$357K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.3−0.038%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,462.7−0.076%$447K$504K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,464.3+0.032%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,463.7−0.010%$234K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,463.1−0.053%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,463.2−0.048%$3.9M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,464+0.011%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,463.5−0.022%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,462.7−0.079%$4.7M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,463.6−0.018%$8K$7K5xas long as short
Lighter RH ZEC+0.0128%1h1,465.8+0.133%$2.1M$7.0M10xas long as short
Hyperliquid ZEC+0.0148%1h1,465.7+0.124%$763.7M$424.9M10xas long as short
Lighter ZEC+0.0168%1h1,465.8+0.133%$19.4M$45.4M20xas long as short
Kalshi KXZECPERP+0.0187%8h1,463.6−0.019%$1.5M$4.4M2.2xas long as short
RISEx ZEC/USDC+0.0216%1h1,463.3−0.039%$925K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0219%1h1,464.7+0.060%$616K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0292%1h1,464.3+0.027%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0331%1h1,463.4−0.031%$18.1M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,467+0.217%$681K$8.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,464.8+0.062%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0687%1h1,461.3−0.174%$45K$49K10xas long as short