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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%
Price spread now: Polymarket Perps against Gate−0.049%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$350.351% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 7 days+0.001%$0 · spread now −0.049%, 7d avg −0.016%
Together, before fees−0.011%−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.033% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEC_USDT1,491.40.0100pay 0.0100% / 8h59m 11s$55.0M$181.1M75x
ShortPolymarket Perps ZEC-USD1,490.70.0100get 0.0013% / 1h59m 11s$357K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$0
Price spread: −0.049% → −0.016%
−$3.31
Slippage, 4 orders
−$12.06
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$38.37
Costs to cover
0.351%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; Polymarket Perps: 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, 5 min ago0.03 bp12.6 bp −$1316.8 bp −$16828.3 bp −$2,83454.3 bp −$27.2K
Sell Polymarket Perps live order book, 4 min ago1.34 bp5.3 bp −$59.6 bp −$96doesn'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−0.3442%1h1,481−0.701%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,490.3−0.073%$61K$304K10xas long as short
Ondo Perps ZEC-USD.P−0.0241%1h1,490.3−0.076%$407K$552K5xas long as short
BloFin ZEC-USDT−0.0144%8h1,491.3−0.011%$30.8M$75.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,489.3−0.143%$6K$1K10xas long as short
Aftermath Perps ZECUSD−0.0019%1h1,493+0.104%$48K$64K10xas long as short
dYdX ZEC-USD0.0000%1h1,488.6−0.192%$414K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,491.3−0.012%$1.5M$4.7M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,491.5+0.007%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,491.7+0.016%$18.1M$46.5M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL+0.0062%1h1,492.1+0.043%$681K$1.4M25xas long as short
Orderly PERP_ZEC_USDC+0.0081%8h1,491.2−0.017%$300K$1.1M20xas long as short
Bulk ZEC-USD+0.0085%1h1,492.9+0.100%$902K$7K10xas long as short
Popdex ZECUSDT+0.0096%1h1,491.2−0.017%$171K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,490.9−0.038%$12K$876K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,490.2−0.081%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,491.7+0.019%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,491.8+0.025%$778.9M$447.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,490.4−0.069%$13.9M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,489.7−0.114%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,491.5+0.005%$695.6M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,490.7−0.046%$267.2M$629.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,491.2−0.013%$181.5M$1.34B50xas long as short
Gate ZEC_USDTlong+0.0100%8h1,491.4long leg$55.0M$181.1M75x
MEXC ZEC_USDT+0.0100%8h1,491.5+0.002%$241.5M$783.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,491.3−0.009%$102.7M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,491.7+0.016%$160.5M$289.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,491.5+0.001%$118.1Mas long as short
Variational Omni ZEC+0.0100%8h1,489.9−0.102%$48.8M$34.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,491.9+0.033%$571K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,490−0.096%$3.1M$499K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,491.8+0.026%$411K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,491.2−0.014%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USDshort+0.0100%1h1,490.7−0.049%$357K$1.7M10x
Bullet ZEC-USD+0.0100%1h1,491.5+0.007%$164K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,493.1+0.110%$456K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,493.6+0.144%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,491.3−0.007%$254K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,491−0.027%$2.7M$20.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,491.9+0.033%$4.0M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,491.3−0.007%$2.7M$7.9M10xas long as short
01 Exchange ZECUSD+0.0104%1h1,491.6+0.011%$8K$7K5xas long as short
Aevo ZEC-PERP+0.0104%1h1,491.3−0.010%$43K$151K20xas long as short
RISEx ZEC/USDC+0.0128%1h1,491.5+0.003%$939K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,490.5−0.063%$4.8M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0139% / S −0.0136%1h1,491.5+0.004%$392K100xas long as short
Lighter RH ZEC+0.0192%1h1,492.8+0.095%$2.1M$7.3M10xas long as short
Arcus ZEC-USD+0.0221%1h1,491.6+0.008%$620K$8.8M10xas long as short
Lighter ZEC+0.0248%1h1,492.8+0.093%$19.6M$44.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0264%1h1,492.3+0.058%$2.3M$3.9M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,493.9+0.166%$3.7M$10.1M50xas long as short