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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:31 UTC−0.0007%/8h= −0.8% APRpaid last 24h +0.003%
Price spread now: Perpl against gTrade (Gains Network)+0.074%7-day average −0.053% · you sell dearer than you buy
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)−0.112%−$11 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.074%, 7d avg −0.053%
Together, before fees−0.158%+ Points / potential airdropPerpl: Active · farm board−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Perpl is 0.127% dearer against gTrade (Gains Network) than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,462.8L +0.0007% / S −0.0006%pay 0.0001% / 1h9m 21s$5.2M150x
ShortPerpl ZEC1,463.80get 0.0000% / 43m6m 21s$84K$239K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$1.44
Price spread: +0.074% → −0.053%
$12.73
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$12.52
Costs to cover
0.238%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 5 min ago; Perpl: 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), 5 min ago130.03 bp135.0 bp −$135426.0 bp −$4,2604809.1 bp −$480.9Kdoesn't fit
Sell Perpl no order-book sample
Perpl: 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%1h1,463+0.018%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,466.3+0.241%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,466.1+0.230%$29.7M$71.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,463.5+0.053%$407K$37K5xas long as short
Perpl ZECshort0.0000%43m1,463.8+0.074%$84K$239K10x
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,462.8long leg$5.2M150x
Deribit ZEC_USDC-PERPETUAL+0.0016%1h1,463.9+0.078%$616K$1.3M25xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,462.4−0.024%$292K$900K20xas long as short
Ondo Perps ZEC-USD.P+0.0070%1h1,462.1−0.045%$397K$436K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0088% / S −0.0040%1h1,462.6−0.011%$437K100xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,463.6+0.058%$174K$1.6M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,464.3+0.103%$14K$801K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,464.6+0.126%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,464.4+0.115%$2.9M$6.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,462.9+0.012%$14.5M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,464.6+0.125%$1.7M$2.3M10xas long as short
Binance ZECUSDT+0.0100%8h1,462.6−0.009%$673.2M$2.17B75xas long as short
Bybit ZECUSDT+0.0100%8h1,462−0.055%$262.0M$587.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,462.2−0.038%$179.1M$1.20B50xas long as short
Bulk ZEC-USD+0.0100%1h1,460.6−0.147%$882K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,462.7−0.004%$52.2M$173.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,463+0.013%$219.2M$775.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,464.2+0.096%$103.1M$53.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,463.7+0.061%$166.1M$267.4M75xas long as short
BingX ZEC-USDC+0.0100%8h1,464+0.083%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,464.4+0.113%$48.0M$32.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,461.5−0.083%$569K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.2+0.028%$3.0M$464K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461.4−0.094%$404K$945K50xas long as short
StandX ZEC-USD+0.0100%1h1,464+0.085%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,463.3+0.037%$358K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,462.5−0.021%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,461.4−0.092%$446K$504K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,465.9+0.213%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,463.6+0.054%$234K$3.1M10xas long as short
HTX ZEC-USDT+0.0100%8h1,462.2−0.037%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,463.2+0.031%$3.9M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,463.9+0.076%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,462.4−0.022%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,464.7+0.135%$4.7M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,464+0.087%$8K$7K5xas long as short
Lighter RH ZEC+0.0128%1h1,465.8+0.207%$2.1M$7.0M10xas long as short
Hyperliquid ZEC+0.0146%1h1,464.8+0.139%$763.3M$419.3M10xas long as short
Lighter ZEC+0.0168%1h1,465.7+0.199%$19.4M$45.4M20xas long as short
Kalshi KXZECPERP+0.0179%8h1,464.8+0.142%$1.5M$4.4M2.2xas long as short
RISEx ZEC/USDC+0.0216%1h1,463.9+0.079%$926K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0299%1h1,464+0.087%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0331%1h1,463.4+0.042%$18.0M$45.4M25xas long as short
Arcus ZEC-USD+0.0344%1h1,465.1+0.163%$677K$8.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,468.4+0.383%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0684%1h1,463+0.018%$45K$49K10xas long as short