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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0065%/8h= −7.1% APRpaid last 24h −0.021%
Price spread now: dYdX against Gate0.000%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1151.150% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.265%+$26 on $10k
Price spread, last 4 days (all we have)−0.007%−$1 · spread now 0.000%, 7d avg −0.001%
Together, before fees+0.257%+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.265%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEC_USDT1,451.80.0065pay 0.0065% / 8h2h 46m$49.1M$185.7M75x
ShortdYdX ZEC-USD1,451.80get 0.0000% / 1h46m 05s$409K$106K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$13.65
Price spread: 0.000% → −0.001%
$0.11
Slippage, 4 orders
−$90
Fee Gate: 7.5 bp × 2 orders
−$15
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$128.54
Costs to cover
1.150%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; dYdX: live order book, 43 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, 3 min ago0.03 bp12.3 bp −$1218.1 bp −$18129.4 bp −$2,94054.3 bp −$27.2K
Sell dYdX live order book, 43 min ago41.05 bp46.1 bp −$4659.4 bp −$594324.7 bp −$32.5K1363.2 bp −$681.6K

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−0.3476%1h1,437.8−0.964%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,452.2+0.026%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,451.9+0.005%$17.6M$44.4M25xas long as short
BloFin ZEC-USDT−0.0066%8h1,453+0.084%$28.9M$75.2M75xas long as short
Variational Omni ZEC−0.0026%8h1,451.7−0.007%$45.5M$32.1Mas long as short
Bybit ZECUSDT−0.0007%8h1,451.1−0.048%$268.6M$675.3M75xas long as short
dYdX ZEC-USDshort0.0000%1h1,451.80.000%$409K$106K5x
Kalshi KXZECPERP0.0000%8h1,452.4+0.042%$846K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,452.2+0.027%$82K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,453.1+0.091%$566K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452.4+0.041%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,452.3+0.031%$291K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0037% / S +0.0066%1h1,452.3+0.032%$543K100xas long as short
OKX ZEC-USDT-SWAP+0.0042%8h1,451.6−0.014%$171.8M$1.36B50xas long as short
Aster ZECUSDT+0.0062%8h1,452.2+0.030%$15.3M$35.1M75xas long as short
Gate ZEC_USDTlong+0.0065%8h1,451.8long leg$49.1M$185.7M75x
01 Exchange ZECUSD+0.0072%1h1,452.7+0.062%$8K$8K5xas long as short
Ondo Perps ZEC-USD.P+0.0089%1h1,452.8+0.068%$394K$518K5xas long as short
Katana Perps ZEC-USD+0.0095%8h1,452.9+0.077%$17K$879K10xas long as short
Lighter ZEC+0.0096%1h1,453.3+0.105%$18.7M$53.9M20xas long as short
Popdex ZECUSDT+0.0096%1h1,452.2+0.025%$178K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,452.2+0.028%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,452.3+0.033%$3.0M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,452.7+0.060%$751.1M$494.8M10xas long as short
Pacifica ZEC+0.0100%1h1,452.6+0.055%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,451.8+0.002%$658.3M$2.53B75xas long as short
Bulk ZEC-USD+0.0100%1h1,455+0.217%$896K$37K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,452.1+0.023%$218.8M$883.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,452.2+0.028%$103.6M$56.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,451.5−0.020%$161.7M$314.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,451.5−0.019%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,452.6+0.053%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,453.4+0.113%$487K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,454.1+0.157%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,452.6+0.057%$706K$606K50xas long as short
StandX ZEC-USD+0.0100%1h1,454.3+0.169%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451.7−0.008%$298K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,452+0.015%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451−0.053%$441K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,454.7+0.200%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.3+0.031%$219K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,451.9+0.007%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,451.9+0.006%$3.7M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,453.6+0.126%$4.6M$1.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,452.3+0.033%$36K$362K20xas long as short
Extended ZEC-USD+0.0208%1h1,452.4+0.038%$3.3M$7.0M10xas long as short
RISEx ZEC/USDC+0.0219%1h1,453.1+0.090%$862K$2.5M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,454.1+0.158%$3.7M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0453%1h1,453.5+0.116%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,454.5+0.187%$754K$7.8M10xas long as short
Lighter RH ZEC+0.0728%1h1,454.2+0.166%$1.9M$8.4M10xas long as short