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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0150%/8h= +16.5% APRnext payment +$0.19 per $10,000 · paid last 24h +0.044%
Price spread now: RISEx against gTrade (Gains Network)−0.080%107s7-day average +0.026% · you buy dearer than you sell
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−$2772.773% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.276%+$28 on $10k
Price spread, last 7 days+0.073%+$7 · spread now −0.080%, 7d avg +0.026%
Together, before fees+0.349%+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.107% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of +0.026%). If the spread goes back, that is −$11 on $10k: about 2.4 days of funding at the current rate (+$5 a day). The two prices were read 107 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/USD1,506.4L +0.0007% / S −0.0006%pay 0.0001% / 1h33m 32s$5.4M150x
ShortRISEx ZEC/USDC1,505.20.0157get 0.0020% / 1h33m 32s$966K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$31.56
Price spread: −0.080% → +0.026%
−$10.67
Slippage, 4 orders
−$261.34
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$256.44
Costs to cover
2.773%
Break-even
63.9 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), just now; RISEx: live order book, 5 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), just now130.04 bp135.0 bp −$135426.0 bp −$4,2604809.1 bp −$480.9Kdoesn't fit
Sell RISEx live order book, 5 min ago0.63 bp3.6 bp −$47.3 bp −$73doesn'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−0.3702%1h1,491.4−0.992%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,504.4−0.133%$62K$305K10xas long as short
Aftermath Perps ZECUSD−0.0201%1h1,507.8+0.093%$48K$58K10xas long as short
BloFin ZEC-USDT−0.0155%8h1,506.2−0.008%$31.8M$76.6M75xas long as short
Bulk ZEC-USD−0.0098%1h1,506.5+0.011%$775K$147K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,505.4−0.063%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,506.1−0.016%$418K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,507.4+0.067%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,506.4long leg$5.4M150x
Kraken Futures PF_ZECUSD+0.0019%1h1,506.6+0.017%$18.3M$48.0M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0032%1h1,505.2−0.077%$8K$6K5xas long as short
Gate ZEC_USDT+0.0049%8h1,505.4−0.064%$60.6M$185.4M75xas long as short
Phoenix ZEC+0.0082%1h1,507+0.043%$4.8M$1.4M10xas long as short
Orderly PERP_ZEC_USDC+0.0085%8h1,507.8+0.096%$304K$861K20xas long as short
ApeX Omni ZECUSDT+0.0095%1h1,507.1+0.049%$414K$952K50xas long as short
Lighter ZEC+0.0096%1h1,506.4+0.002%$19.5M$44.9M20xas long as short
Lighter RH ZEC+0.0096%1h1,506.6+0.016%$2.1M$7.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,505.1−0.084%$172K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,505.2−0.076%$62K$17K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,505.2−0.080%$17K$898K10xas long as short
Nado ZEC-PERP+0.0100%1h1,505.7−0.042%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,505.7−0.044%$788.4M$445.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,504.8−0.106%$14.1M$30.7M75xas long as short
Pacifica ZEC+0.0100%1h1,505.6−0.050%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,505.2−0.080%$710.8M$2.33B75xas long as short
Bybit ZECUSDT+0.0100%8h1,504.6−0.119%$269.8M$625.3M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,504.7−0.110%$185.4M$1.37B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,505.4−0.064%$411K$554K5xas long as short
Arcus ZEC-USD+0.0100%1h1,506.4+0.005%$608K$9.0M10xas long as short
MEXC ZEC_USDT+0.0100%8h1,505.3−0.071%$406.9M$834.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,505−0.088%$102.9M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,505−0.090%$162.8M$295.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,505.1−0.087%$120.0Mas long as short
Variational Omni ZEC+0.0100%8h1,506.9+0.039%$49.9M$35.9Mas long as short
edgeX ZECUSDC+0.0100%4h1,506.7+0.024%$556K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,506.8+0.026%$3.1M$533K10xas long as short
StandX ZEC-USD+0.0100%1h1,505.9−0.030%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,505.3−0.070%$374K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,505.7−0.047%$168K$194K20xas long as short
Derive ZEC-PERP+0.0100%1h1,506.3−0.007%$450K$419K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,507.5+0.078%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,506.5+0.008%$255K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,507+0.042%$2.7M$21.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,507.1+0.051%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,505−0.091%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,507+0.041%$45K$153K20xas long as short
RISEx ZEC/USDCshort+0.0157%1h1,505.2−0.080%$966K$1.1M10x
GMX ZEC/USD [WBTC.b-USDC]L +0.0158% / S −0.0162%1h1,506.2−0.010%$334K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0356%1h1,508.6+0.147%$690K$1.4M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,509.2+0.187%$3.8M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0379%1h1,507.6+0.083%$2.4M$3.8M15xas long as short