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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0177%/8h= +19.4% APRpaid last 24h +0.042%
Price spread now: Arcus against Gate+0.137%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$340.342% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.108%+$11 on $10k
Price spread, last 7 days−0.078%−$8 · spread now +0.137%, 7d avg +0.044%
Together, before fees+0.031%+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Arcus is 0.093% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEC_USDT1,461.90.0100pay 0.0100% / 8h5h 45m$50.0M$170.6M75x
ShortArcus ZEC-USD1,463.90.0277get 0.0035% / 1h45m 05s$707K$8.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Gate. 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
$37.19
Price spread: +0.137% → +0.044%
$9.34
Slippage, 4 orders
−$14.67
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$12.37
Costs to cover
0.342%
Break-even
4.7 days
Slippage from Gate: live order book, 4 min ago; Arcus: live order book, 4 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 Gate live order book, 4 min ago0.55 bp10.6 bp −$1116.5 bp −$16529.0 bp −$2,89853.5 bp −$26.7K
Sell Arcus live order book, 4 min ago0.00 bp8.3 bp −$823.7 bp −$237doesn'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−0.3244%1h1,460−0.127%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,461.3−0.041%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0078%8h1,462.3+0.025%$29.7M$71.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,461.1−0.054%$411K$46K5xas long as short
Kalshi KXZECPERP0.0000%8h1,462.2+0.019%$963K$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,461.8−0.008%$84K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,462.4+0.035%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0036%8h1,462.3+0.029%$292K$979K20xas long as short
Ondo Perps ZEC-USD.P+0.0049%1h1,459.8−0.143%$396K$433K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0009%1h1,462.4+0.038%$379K100xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni ZECUSDT+0.0073%1h1,462+0.009%$425K$879K50xas long as short
Phoenix ZEC+0.0074%1h1,459.6−0.157%$4.6M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,462.7+0.053%$173K$1.8M50xas long as short
Variational Omni ZEC+0.0098%8h1,459.8−0.140%$47.4M$31.8Mas long as short
Katana Perps ZEC-USD+0.0100%8h1,462.8+0.060%$19K$839K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,462.6+0.049%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.6+0.048%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,463.1+0.083%$762.5M$432.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,461.9−0.001%$14.5M$29.1M75xas long as short
Pacifica ZEC+0.0100%1h1,461.7−0.014%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,462.1+0.018%$674.0M$2.25B75xas long as short
Bybit ZECUSDT+0.0100%8h1,461.6−0.023%$270.1M$605.3M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,462+0.008%$179.8M$1.23B50xas long as short
Bulk ZEC-USD+0.0100%1h1,458.7−0.222%$886K$16K10xas long as short
Gate ZEC_USDTlong+0.0100%8h1,461.9long leg$50.0M$170.6M75x
MEXC ZEC_USDT+0.0100%8h1,462+0.010%$215.0M$770.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,462.3+0.027%$102.8M$55.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,462.2+0.021%$162.3M$275.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,461.8−0.010%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,462.6+0.048%$2.4M$3.8M15xas long as short
edgeX ZECUSDC+0.0100%4h1,459−0.200%$568K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.3−0.176%$3.0M$418K10xas long as short
StandX ZEC-USD+0.0100%1h1,460.4−0.101%$70K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,462.1+0.014%$340K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,462.4+0.034%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,461−0.060%$446K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,464.3+0.163%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,462+0.008%$241K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,461.4−0.035%$2.6M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,462.2+0.021%$3.9M$5.1M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0104%1h1,462.9+0.070%$609K$1.3M25xas long as short
Extended ZEC-USD+0.0104%1h1,462.1+0.017%$2.8M$7.7M10xas long as short
01 Exchange ZECUSD+0.0104%1h1,463.1+0.083%$8K$7K5xas long as short
Aevo ZEC-PERP+0.0104%1h1,461.6−0.018%$48K$155K20xas long as short
Lighter ZEC+0.0176%1h1,463.5+0.113%$19.1M$45.9M20xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,462.1+0.012%$18.0M$43.7M25xas long as short
Arcus ZEC-USDshort+0.0277%1h1,463.9+0.137%$707K$8.5M10x
Lighter RH ZEC+0.0328%1h1,463.7+0.125%$2.1M$6.8M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,463.3+0.094%$838K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,464.1+0.150%$3.6M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0708%1h1,463.6+0.119%$43K$46K10xas long as short