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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Pacifica against gTrade (Gains Network)−0.010%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$284as in the Price arb table
costs, in and out, $10k−$2832.828% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.086%+$9 on $10k
Price spread, last 3 days (all we have)−0.279%−$28 · spread now −0.010%, 7d avg −0.001%
Together, before fees−0.193%+ Points / potential airdropPacifica: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,467.2L +0.0007% / S −0.0006%pay 0.0001% / 1h42m 22s$5.2M150x
ShortPacifica ZEC1,4670.0100get 0.0013% / 1h42m 22s$1.7M$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.010% → −0.001%
−$0.98
Slippage, 4 orders
−$264.78
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$264.21
Costs to cover
2.828%
Break-even
101.6 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 2 min ago; Pacifica: 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 ago130.05 bp135.1 bp −$135426.0 bp −$4,2604809.1 bp −$480.9Kdoesn't fit
Sell Pacifica live order book, 2 min ago1.23 bp6.1 bp −$6doesn't fitdoesn'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−0.3310%1h1,462.9−0.290%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,466.3−0.062%$17.9M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0190%1h1,466.9−0.020%$398K$521K5xas long as short
BloFin ZEC-USDT−0.0098%8h1,467.1−0.006%$29.1M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.4+0.015%$6K$2K10xas long as short
Bybit ZECUSDT−0.0048%8h1,466.1−0.076%$271.8M$673.8M75xas long as short
Variational Omni ZEC−0.0022%8h1,467.6+0.028%$46.6M$34.0Mas long as short
dYdX ZEC-USD0.0000%1h1,467.9+0.049%$413K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.9+0.115%$891K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,466.5−0.050%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,467.1−0.007%$597K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,467.2long leg$5.2M150x
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,467−0.015%$542K100xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,466.7−0.037%$292K$1.5M20xas long as short
OKX ZEC-USDT-SWAP+0.0048%8h1,466.4−0.055%$176.3M$1.36B50xas long as short
Gate ZEC_USDT+0.0052%8h1,466.6−0.042%$49.9M$184.3M75xas long as short
Bulk ZEC-USD+0.0054%1h1,460.6−0.452%$899K$25K10xas long as short
01 Exchange ZECUSD+0.0056%1h1,467.2−0.001%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,468.6+0.098%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,466.7−0.035%$14K$862K10xas long as short
Lighter ZEC+0.0096%1h1,468.1+0.061%$19.0M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,466.5−0.048%$173K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466−0.083%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.20.000%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467.6+0.027%$760.5M$490.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,466.6−0.042%$15.4M$33.5M75xas long as short
Pacifica ZECshort+0.0100%1h1,467−0.010%$1.7M$3.0M10x
Binance ZECUSDT+0.0100%8h1,466.6−0.043%$675.1M$2.50B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,466.5−0.050%$221.5M$856.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466.7−0.035%$103.2M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.6−0.038%$162.3M$307.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,465.9−0.086%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,468.2+0.066%$511K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.7+0.033%$3.0M$481K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,467.8+0.042%$431K$819K50xas long as short
StandX ZEC-USD+0.0100%1h1,468.6+0.092%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,466.6−0.041%$345K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.6−0.043%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,464.8−0.161%$447K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,468.6+0.097%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.4−0.055%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467.8+0.037%$2.5M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.5+0.023%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,466.8−0.027%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,466.9−0.020%$37K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,467−0.012%$844K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0244%1h1,468.2+0.065%$2.3M$4.0M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,468.8+0.106%$3.7M$11.7M50xas long as short
Lighter RH ZEC+0.0440%1h1,469.4+0.152%$2.0M$8.2M10xas long as short
Arcus ZEC-USD+0.0444%1h1,467.8+0.044%$733K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0537%1h1,467.3+0.005%$41K$34K10xas long as short