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+0.0055%/8h= +6.0% APRpaid last 24h +0.008%
Price spread now: Pacifica against Gate−0.072%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$350.345% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.140%−$14 on $10k
Price spread, last 7 days+0.049%+$5 · spread now −0.072%, 7d avg −0.008%
Together, before fees−0.092%+ Points / potential airdropPacifica: Active · farm board−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.064% cheaper against Gate than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.008%). If the spread goes back, that is −$6 on $10k: about 3.9 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.140%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEC_USDT1,470.90.0045pay 0.0045% / 8h1h 00m$50.2M$187.8M75x
ShortPacifica ZEC1,469.90.0100get 0.0013% / 1h0m 48s$1.7M$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$11.55
Price spread: −0.072% → −0.008%
−$6.36
Slippage, 4 orders
−$11.53
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$29.34
Costs to cover
0.345%
Break-even
24.8 days
Slippage from Gate: live order book, 3 min ago; Pacifica: live order book, 3 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 ago0.37 bp11.9 bp −$1216.4 bp −$16431.6 bp −$3,16557.2 bp −$28.6K
Sell Pacifica live order book, 3 min ago0.95 bp6.3 bp −$6doesn't fitdoesn'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%1h1,472.3+0.091%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0403%1h1,470.1−0.054%$17.9M$44.9M25xas long as short
Ondo Perps ZEC-USD.P−0.0267%1h1,470.5−0.029%$398K$517K5xas long as short
BloFin ZEC-USDT−0.0109%8h1,470.2−0.048%$29.3M$75.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.5−0.094%$6K$2K10xas long as short
Bybit ZECUSDT−0.0078%8h1,470.7−0.018%$272.6M$666.1M75xas long as short
Variational Omni ZEC−0.0036%8h1,470.8−0.011%$46.7M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,469.4−0.101%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,470.7−0.018%$896K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,469.6−0.092%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,470.1−0.054%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0009%8h1,469.8−0.076%$294K$1.4M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0009%1h1,470−0.064%$365K100xas long as short
OKX ZEC-USDT-SWAP+0.0038%8h1,471+0.001%$178.7M$1.35B50xas long as short
Gate ZEC_USDTlong+0.0045%8h1,470.9long leg$50.2M$187.8M75x
01 Exchange ZECUSD+0.0064%1h1,469.9−0.070%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,473.5+0.175%$4.6M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,469.2−0.120%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,470−0.066%$12K$823K10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0097%1h1,470.7−0.012%$598K$1.3M25xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,469−0.130%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,469.6−0.090%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.3+0.093%$764.1M$479.3M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.2+0.016%$15.6M$32.4M75xas long as short
Pacifica ZECshort+0.0100%1h1,469.9−0.072%$1.7M$2.9M10x
Binance ZECUSDT+0.0100%8h1,471.1+0.014%$679.9M$2.47B75xas long as short
Bulk ZEC-USD+0.0100%1h1,467.7−0.217%$906K$27K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,470.8−0.007%$222.0M$873.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471.1+0.009%$103.9M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.3+0.027%$162.8M$303.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,471.1+0.013%$102.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.9−0.003%$513K$9.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,471.8+0.061%$3.0M$482K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,471.1+0.012%$431K$827K50xas long as short
StandX ZEC-USD+0.0100%1h1,470−0.063%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,469.1−0.124%$346K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469.7−0.084%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.4−0.175%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472+0.073%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.9−0.073%$226K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,469−0.131%$2.5M$23.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.6−0.020%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,470.90.000%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,469.2−0.115%$37K$366K20xas long as short
Lighter ZEC+0.0112%1h1,471.5+0.037%$19.1M$52.8M20xas long as short
RISEx ZEC/USDC+0.0190%1h1,469.9−0.067%$833K$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0211%1h1,471.4+0.033%$2.4M$3.7M15xas long as short
Lighter RH ZEC+0.0400%1h1,472.3+0.094%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,471.8+0.059%$3.8M$11.5M50xas long as short
Arcus ZEC-USD+0.0444%1h1,470.6−0.022%$722K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0611%1h1,471.1+0.012%$41K$34K10xas long as short