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+0.0057%/8h= +6.2% APRpaid last 24h +0.004%
Price spread now: Orderly against gTrade (Gains Network)−0.014%7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.005%+$1 on $10k
Price spread, last 4 days (all we have)+0.259%+$26 · spread now −0.014%, 7d avg +0.003%
Together, before fees+0.265%+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,455.4L +0.0007% / S −0.0006%pay 0.0001% / 1h55m 17s$5.2M150x
ShortOrderly PERP_ZEC_USDC1,455.20.0064get 0.0064% / 8h3h 55m$291K$952K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$11.9
Price spread: −0.014% → +0.003%
−$1.65
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$5.75
Costs to cover
0.160%
Break-even
10.4 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 4 min ago; Orderly: no order-book sample. Net counts fees only.

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), 4 min ago130.02 bp135.0 bp −$135426.0 bp −$4,2604809.1 bp −$480.9Kdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1,456+0.043%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,454.7−0.050%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,456.4+0.067%$29.6M$70.8M75xas long as short
ApeX Omni ZECUSDT−0.0032%1h1,454.7−0.049%$404K$942K50xas long as short
dYdX ZEC-USD0.0000%1h1,454.4−0.067%$410K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,455.1−0.022%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,453.5−0.127%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,455.4long leg$5.2M150x
Orderly PERP_ZEC_USDCshort+0.0064%8h1,455.2−0.014%$291K$952K20x
GMX ZEC/USD [WBTC.b-USDC]L +0.0072% / S −0.0024%1h1,455.3−0.007%$408K100xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,454.7−0.045%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,455−0.025%$10K$858K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,454.6−0.057%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,455.1−0.019%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,455.4+0.003%$14.7M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,454.6−0.055%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.4+0.068%$669.0M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,456+0.044%$261.4M$601.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,456.3+0.062%$177.8M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458+0.179%$395K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5+0.148%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,455.4+0.002%$50.5M$170.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.4+0.068%$215.1M$764.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456.1+0.048%$102.7M$53.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,456.3+0.065%$165.6M$270.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,455.3−0.006%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,454−0.094%$47.7M$32.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,454.8−0.040%$566K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,455.1−0.019%$3.0M$451K10xas long as short
StandX ZEC-USD+0.0100%1h1,454.5−0.065%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.9−0.034%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,455.1−0.018%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,454.1−0.087%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,456.8+0.093%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,455.7+0.019%$233K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,454.2−0.080%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,456.5+0.078%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,455.2−0.014%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,455.2−0.016%$47K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,455−0.024%$8K$7K5xas long as short
Phoenix ZEC+0.0123%1h1,457.7+0.157%$4.6M$1.3M10xas long as short
Hyperliquid ZEC+0.0148%1h1,457.8+0.166%$758.3M$431.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0157%1h1,456.7+0.088%$2.4M$3.9M15xas long as short
Lighter ZEC+0.0160%1h1,457.2+0.121%$19.2M$44.7M20xas long as short
Lighter RH ZEC+0.0160%1h1,457+0.111%$2.1M$7.0M10xas long as short
RISEx ZEC/USDC+0.0216%1h1,454.6−0.054%$921K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0312%1h1,456.1+0.050%$614K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,455.8+0.027%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,456.8+0.100%$684K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,457.1+0.117%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0674%1h1,456.5+0.077%$45K$49K10xas long as short