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: GRVT against gTrade (Gains Network)+0.651%68s7-day average +0.004% · you sell dearer than you buy
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−$2862.858% 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−0.578%−$58 · spread now +0.651%, 7d avg +0.004%
Together, before fees−0.485%+ Points / potential airdropGRVT: Active · farm board−$48 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 GRVT is 0.647% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$65 more if the spread goes back to its 7-day average of +0.004%. 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/USD1,474.7L +0.0007% / S −0.0006%pay 0.0001% / 1h36m 24s$5.2M150x
ShortGRVT ZEC_USDT_Perp1,484.30.0100get 0.0100% / 8h1h 36m$3.0M$488K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.651% → +0.004%
$64.69
Slippage, 4 orders
−$266.84
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$201.59
Costs to cover
2.858%
Break-even
79.2 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; GRVT: 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), 3 min ago130.04 bp135.0 bp −$135426.0 bp −$4,2604809.1 bp −$480.9Kdoesn't fit
Sell GRVT live order book, 2 min ago1.32 bp8.4 bp −$811.2 bp −$112doesn'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+0.162%$34K$273K12xas long as short
BloFin ZEC-USDT−0.0125%8h1,476.2+0.103%$30.4M$73.6M75xas long as short
Bulk ZEC-USD−0.0118%1h1,480.8+0.413%$895K$15K10xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,476+0.089%$17.9M$47.1M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,476.4+0.114%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,475+0.022%$410K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,477.9+0.216%$1.5M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,474.1−0.044%$64K$301K10xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,474.7long leg$5.2M150x
Orderly PERP_ZEC_USDC+0.0076%8h1,474.5−0.017%$297K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,475+0.016%$161K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,474.5−0.012%$13K$866K10xas long as short
Nado ZEC-PERP+0.0100%1h1,475+0.016%$2.7M$7.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,474.1−0.040%$13.8M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,475.3+0.039%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,474.6−0.005%$687.3M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,474.3−0.027%$265.1M$631.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,474.4−0.019%$178.5M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,481.9+0.487%$403K$510K5xas long as short
Gate ZEC_USDT+0.0100%8h1,474.7−0.003%$54.0M$182.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,474.8+0.003%$232.8M$781.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.7−0.005%$100.9M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,474.5−0.016%$158.8M$288.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,474.9+0.009%$115.2Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,476.6+0.124%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,484.9+0.689%$48.5M$33.9Mas long as short
edgeX ZECUSDC+0.0100%4h1,479+0.289%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perpshort+0.0100%8h1,484.3+0.651%$3.0M$488K10x
ApeX Omni ZECUSDT+0.0100%1h1,485+0.700%$409K$934K50xas long as short
StandX ZEC-USD+0.0100%1h1,476.7+0.133%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,474.2−0.035%$356K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,474.8+0.005%$162K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,478+0.222%$451K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,478.3+0.241%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,476+0.086%$251K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,475.8+0.076%$2.6M$19.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,476.5+0.123%$3.9M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,475.5+0.054%$61K$43K10xas long as short
Extended ZEC-USD+0.0104%1h1,474.9+0.010%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,476.1+0.093%$42K$152K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0128% / S −0.0120%1h1,474.4−0.022%$427K100xas long as short
RISEx ZEC/USDC+0.0129%1h1,474.70.000%$922K$1.1M10xas long as short
Aftermath Perps ZECUSD+0.0129%1h1,479.5+0.326%$47K$64K10xas long as short
Phoenix ZEC+0.0134%1h1,478.6+0.264%$4.7M$1.4M10xas long as short
01 Exchange ZECUSD+0.0144%1h1,475.5+0.052%$8K$7K5xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0172%1h1,476.8+0.142%$674K$1.4M25xas long as short
Arcus ZEC-USD+0.0221%1h1,477.1+0.163%$636K$8.6M10xas long as short
Hyperliquid ZEC+0.0222%1h1,476.1+0.094%$766.9M$441.3M10xas long as short
Lighter RH ZEC+0.0264%1h1,476.6+0.128%$2.1M$7.4M10xas long as short
Lighter ZEC+0.0288%1h1,476.9+0.147%$19.4M$45.7M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,477.8+0.211%$3.6M$10.0M50xas long as short