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: StandX against gTrade (Gains Network)+0.027%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$286as in the Price arb table
costs, in and out, $10k−$2892.886% 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)−0.309%−$31 · spread now +0.027%, 7d avg −0.003%
Together, before fees−0.223%+ Points / potential airdropStandX: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and StandX is 0.029% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,463.7L +0.0007% / S −0.0006%pay 0.0001% / 1h29m 31s$5.2M150x
ShortStandX ZEC-USD1,464.10.0100get 0.0013% / 1h29m 31s$110K$4.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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: +0.027% → −0.003%
$2.95
Slippage, 4 orders
−$270.62
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$266.12
Costs to cover
2.886%
Break-even
102.3 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 5 min ago; StandX: 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), 5 min ago130.03 bp135.0 bp −$135426.0 bp −$4,2604809.1 bp −$480.9Kdoesn't fit
Sell StandX live order book, 5 min ago4.85 bp9.5 bp −$913.1 bp −$131doesn'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%1h1,463.8+0.007%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,462.9−0.057%$17.8M$45.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0210%1h1,460.2−0.242%$397K$513K5xas long as short
BloFin ZEC-USDT−0.0094%8h1,461.9−0.123%$29.2M$75.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,462.9−0.055%$6K$2K10xas long as short
Bulk ZEC-USD−0.0065%1h1,462.1−0.112%$902K$27K10xas long as short
Bybit ZECUSDT−0.0054%8h1,462.1−0.111%$271.3M$673.7M75xas long as short
Variational Omni ZEC−0.0026%8h1,463−0.054%$46.5M$33.7Mas long as short
GMX ZEC/USD [WBTC.b-USDC]L −0.0017% / S +0.0093%1h1,463.3−0.029%$541K100xas long as short
dYdX ZEC-USD0.0000%1h1,463.9+0.010%$412K$104K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXZECPERP0.0000%8h1,462.8−0.065%$884K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,463.6−0.012%$83K$404K10xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,463.7long leg$5.2M150x
Orderly PERP_ZEC_USDC+0.0013%8h1,462.6−0.077%$292K$1.4M20xas long as short
ApeX Omni ZECUSDT+0.0029%1h1,462.7−0.071%$429K$821K50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0047%1h1,463.5−0.019%$595K$1.3M25xas long as short
Gate ZEC_USDT+0.0048%8h1,463.4−0.026%$49.9M$185.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0050%8h1,463.2−0.040%$176.1M$1.35B50xas long as short
01 Exchange ZECUSD+0.0064%1h1,463.8+0.003%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,464+0.015%$4.6M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,463.1−0.043%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,463.5−0.014%$14K$844K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,463.6−0.011%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,464.6+0.058%$2.5M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,464.1+0.025%$759.0M$485.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,463.4−0.026%$15.6M$33.0M75xas long as short
Pacifica ZEC+0.0100%1h1,464+0.016%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,463.2−0.035%$674.1M$2.49B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,463.4−0.025%$221.3M$863.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,463.1−0.041%$103.6M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,463.3−0.030%$161.9M$305.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,463.7−0.006%$103.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,462.1−0.111%$510K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,462.4−0.089%$3.0M$481K10xas long as short
StandX ZEC-USDshort+0.0100%1h1,464.1+0.027%$110K$4.8M30x
Polymarket Perps ZEC-USD+0.0100%1h1,463.1−0.044%$344K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.2−0.039%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,461.2−0.175%$446K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,465.1+0.093%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,462.7−0.069%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,461.8−0.130%$2.5M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,463.4−0.025%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,463.5−0.017%$3.2M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,462.9−0.061%$36K$367K20xas long as short
Lighter ZEC+0.0128%1h1,465.3+0.105%$19.0M$52.6M20xas long as short
Backpack ZEC_USDC_PERP+0.0181%1h1,463.6−0.012%$2.3M$3.8M15xas long as short
RISEx ZEC/USDC+0.0190%1h1,463.8+0.005%$842K$1.4M10xas long as short
Lighter RH ZEC+0.0400%1h1,466.1+0.161%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,465+0.088%$3.7M$11.6M50xas long as short
Arcus ZEC-USD+0.0444%1h1,464.9+0.078%$731K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0556%1h1,464.4+0.046%$40K$34K10xas long as short