Funding you earn now, next payment 22:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.026%
Price spread now: Polymarket Perps against gTrade (Gains Network)+0.125%55s7-day average −0.019% · 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—prices read too far apart to compare
costs, in and out, $10k−$2842.843% of the position
Funding, last 3 days (all we have)+0.067%+$7 on $10k
+Price spread, last 3 days (all we have)−0.562%−$56 · spread now +0.125%, 7d avg −0.019%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Polymarket Perps is 0.144% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.019%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ZEC/USD | 1,451.1 | L +0.0007% / S −0.0006% | pay 0.0001% / 1h | 29m 34s | $5.1M | — | 150x |
| Short | Polymarket Perps ZEC-USD | 1,452.9 | 0.0100 | get 0.0013% / 1h | 29m 34s | $350K | $2.0M | 10x |
gTrade (Gains Network) ZEC/USD
Polymarket Perps ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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: +0.125% → −0.019%
- $14.45
- Slippage, 4 orders
- −$266.28
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$250.27
- Costs to cover
- 2.843%
- Break-even
- 96.6 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 5 min ago; Polymarket Perps: live order book, 4 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), 5 min ago | 130.05 bp | 135.1 bp −$135 | 425.9 bp −$4,259 | 4809.1 bp −$480.9K | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 2.08 bp | 6.1 bp −$6 | 7.3 bp −$73 | doesn't fit | doesn't fit |
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 | −0.3476% | 1h | 1,433.1 | −1.236% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0092% | 8h | 1,445.6 | −0.378% | $28.8M | $74.8M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,450.2 | −0.058% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,451.9 | +0.054% | $17.7M | $44.7M | 25x | as long as short |
| Variational Omni ZEC | −0.0001% | 8h | 1,443 | −0.554% | $45.4M | $32.5M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,453.3 | +0.150% | $409K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,449.2 | −0.132% | $907K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,449.7 | −0.094% | $82K | $401K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDlong | L +0.0007% / S −0.0006% | 1h | 1,451.1 | long leg | $5.1M | — | 150x | |
| Bybit ZECUSDT | +0.0010% | 8h | 1,452.7 | +0.112% | $267.5M | $675.5M | 75x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Bybit ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,451.5 | +0.027% | $291K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0027% / S +0.0071% | 1h | 1,450.8 | −0.020% | $545K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0056% | 8h | 1,452.8 | +0.118% | $172.4M | $1.35B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,454.2 | +0.212% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0076% | 8h | 1,453.6 | +0.176% | $49.5M | $189.3M | 75x | as long as short |
| Aster ZECUSDT | +0.0086% | 8h | 1,453.6 | +0.177% | $15.3M | $34.6M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,452.7 | +0.110% | $13K | $873K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,455 | +0.269% | $18.8M | $54.5M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,453.5 | +0.164% | $173K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,453.6 | +0.172% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,454.3 | +0.224% | $2.4M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,453.5 | +0.167% | $751.1M | $495.6M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,453.8 | +0.186% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,453.5 | +0.164% | $662.5M | $2.53B | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,441.6 | −0.653% | $392K | $516K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,445 | −0.418% | $890K | $32K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,454.1 | +0.205% | $215.9M | $893.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,454 | +0.201% | $103.4M | $56.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,452.8 | +0.119% | $160.8M | $313.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,453.7 | +0.178% | — | $103.0M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,453.9 | +0.194% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,444.1 | −0.480% | $485K | $9.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,445.8 | −0.367% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,445.6 | −0.376% | $702K | $608K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,450.5 | −0.043% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USDshort | +0.0100% | 1h | 1,452.9 | +0.125% | $350K | $2.0M | 10x | |
| Bullet ZEC-USD | +0.0100% | 1h | 1,450.6 | −0.030% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,450.1 | −0.069% | $441K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,452 | +0.062% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,451.9 | +0.056% | $220K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,451 | −0.006% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,452.4 | +0.092% | $3.7M | $5.3M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,445.9 | −0.356% | $4.5M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,454.1 | +0.208% | $3.2M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,451.6 | +0.035% | $36K | $362K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0187% | 1h | 1,452.6 | +0.106% | $591K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,454.5 | +0.236% | $868K | $1.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,453.2 | +0.143% | $3.7M | $11.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0455% | 1h | 1,448.9 | −0.150% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,455.4 | +0.298% | $754K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0672% | 1h | 1,455.7 | +0.316% | $1.9M | $8.5M | 10x | as long as short |
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
Gate ZEC_USDT
Aster ZECUSDT
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC