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 − costs—under 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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ZEC/USD | 1,463.9 | L +0.0007% / S −0.0006% | pay 0.0001% / 1h | 11m 39s | $5.2M | — | 150x |
| Short | Gate ZEC_USDT | 1,464.4 | 0.0100 | get 0.0100% / 8h | 3h 11m | $52.2M | $172.9M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) virtual book (oracle venue), 2 min ago | 130.03 bp | 135.0 bp −$135 | 426.0 bp −$4,260 | 4809.1 bp −$480.9K | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.03 bp | 11.5 bp −$11 | 15.4 bp −$154 | 28.8 bp −$2,876 | 55.0 bp −$27.5K |
ZEC on 51 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3042% | 1h | 1,461.1 | −0.191% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,463.4 | −0.033% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0071% | 8h | 1,461.9 | −0.137% | $29.6M | $70.7M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,466 | +0.144% | $407K | $38K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,463.1 | −0.049% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDlong | L +0.0007% / S −0.0006% | 1h | 1,463.9 | long leg | $5.2M | — | 150x | |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,463.7 | −0.009% | $293K | $910K | 20x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0076% | 1h | 1,460.4 | −0.236% | $397K | $435K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0088% / S −0.0039% | 1h | 1,463.6 | −0.016% | $436K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,462.9 | −0.064% | $175K | $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 | 1,464.1 | +0.017% | $14K | $804K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,466.5 | +0.182% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,462.3 | −0.107% | $2.9M | $6.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,465.9 | +0.142% | $14.6M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,466.5 | +0.180% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,465.9 | +0.142% | $674.9M | $2.17B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,465.8 | +0.135% | $262.5M | $589.7M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,466.3 | +0.165% | $179.8M | $1.21B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,460.6 | −0.221% | $882K | $17K | 10x | as long as short |
| Gate ZEC_USDTshort | +0.0100% | 8h | 1,464.4 | +0.037% | $52.2M | $172.9M | 75x | |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,466.6 | +0.186% | $220.4M | $774.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,466.6 | +0.186% | $103.3M | $53.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,466.5 | +0.184% | $166.5M | $267.9M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,466.3 | +0.166% | — | $106.6M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,458.8 | −0.346% | $47.8M | $32.5M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,460.1 | −0.257% | $568K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,461.4 | −0.167% | $3.0M | $464K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,458.6 | −0.356% | $403K | $944K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,462.1 | −0.121% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,462.7 | −0.079% | $357K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.3 | −0.038% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,462.7 | −0.076% | $447K | $504K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,464.3 | +0.032% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,463.7 | −0.010% | $234K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,463.1 | −0.053% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,463.2 | −0.048% | $3.9M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,464 | +0.011% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,463.5 | −0.022% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,462.7 | −0.079% | $4.7M | $1.3M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,463.6 | −0.018% | $8K | $7K | 5x | as long as short |
| Lighter RH ZEC | +0.0128% | 1h | 1,465.8 | +0.133% | $2.1M | $7.0M | 10x | as long as short |
| Hyperliquid ZEC | +0.0148% | 1h | 1,465.7 | +0.124% | $763.7M | $424.9M | 10x | as long as short |
| Lighter ZEC | +0.0168% | 1h | 1,465.8 | +0.133% | $19.4M | $45.4M | 20x | as long as short |
| Kalshi KXZECPERP | +0.0187% | 8h | 1,463.6 | −0.019% | $1.5M | $4.4M | 2.2x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,463.3 | −0.039% | $925K | $1.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0219% | 1h | 1,464.7 | +0.060% | $616K | $1.3M | 25x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0292% | 1h | 1,464.3 | +0.027% | $2.4M | $3.8M | 15x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0331% | 1h | 1,463.4 | −0.031% | $18.1M | $45.2M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,467 | +0.217% | $681K | $8.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,464.8 | +0.062% | $3.8M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0687% | 1h | 1,461.3 | −0.174% | $45K | $49K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Gate ZEC_USDT
Injective ZEC/USDC PERP
BloFin ZEC-USDT
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Phoenix ZEC
01 Exchange ZECUSD
Lighter RH ZEC
Hyperliquid ZEC
Lighter ZEC
Kalshi KXZECPERP
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Backpack ZEC_USDC_PERP
Kraken Futures PF_ZECUSD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD