Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h −0.006%

Price spread now: 01 Exchange against Gate−0.025%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.025% cheaper against Gate than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3.7 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ZEC_USDT	1,452.8	0.0065	pay 0.0065% / 8h	2h 52m	$49.3M	$185.2M	75x
Short	01 Exchange ZECUSD	1,452.4	0.0088	get 0.0011% / 1h	52m 38s	$8K	$8K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee GatebpFee 01 ExchangebpOrdersPrice spread, now −0.025%Rate

Funding earned: $4.83
Price spread: −0.025% → 0.000%: −$2.55
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$19.72
Costs to cover: 0.220%
Break-even: 35.6 days

Slippage unknown: Gate: live order book, 1 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 1 min ago	0.62 bp	12.7 bp −$13	18.2 bp −$182	34.1 bp −$3,411	58.2 bp −$29.1K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3476%	1h	1,437.6	−1.045%	$33K	$275K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,453.9	+0.074%	$6K	$2K	10x	as long as short
Kraken Futures PF_ZECUSD	−0.0071%	1h	1,453.2	+0.028%	$17.6M	$44.7M	25x	as long as short
BloFin ZEC-USDT	−0.0067%	8h	1,453.9	+0.075%	$29.0M	$75.8M	75x	as long as short
Variational Omni ZEC	−0.0034%	8h	1,451.4	−0.097%	$45.5M	$32.3M	—	as long as short
Bybit ZECUSDT	−0.0014%	8h	1,450.9	−0.129%	$268.7M	$677.2M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,454.8	+0.138%	$410K	$106K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,453.3	+0.037%	$850K	$5.5M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,453.5	+0.048%	$82K	$400K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,454.6	+0.121%	$566K	$1.3M	25x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZEC_USDC	+0.0007%	8h	1,453.7	+0.065%	$291K	$1.5M	20x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,454.2	+0.100%	$5.1M	—	150x	as long as short
OKX ZEC-USDT-SWAP	+0.0035%	8h	1,451.2	−0.109%	$172.1M	$1.36B	50x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0040% / S +0.0062%	1h	1,454	+0.080%	$536K	—	100x	as long as short
Aster ZECUSDT	+0.0053%	8h	1,454.3	+0.103%	$15.1M	$35.2M	75x	as long as short
Gate ZEC_USDTlong	+0.0065%	8h	1,452.8	long leg	$49.3M	$185.2M	75x
01 Exchange ZECUSDshort	+0.0088%	1h	1,452.4	−0.025%	$8K	$8K	5x
Katana Perps ZEC-USD	+0.0095%	8h	1,451.9	−0.060%	$17K	$886K	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,451.9	−0.064%	$177K	$2.0M	50x	as long as short
MEXC ZEC_USDT	+0.0097%	8h	1,452.9	+0.007%	$219.0M	$879.9M	150x	as long as short
Binance ZECUSDT	+0.0099%	8h	1,452	−0.058%	$658.6M	$2.55B	75x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,452.9	+0.009%	$60K	$37K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,452.9	+0.005%	$3.0M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,455.3	+0.173%	$752.4M	$492.7M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,454.4	+0.112%	$1.6M	$3.1M	10x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,449.8	−0.206%	$393K	$522K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,454.9	+0.144%	$896K	$37K	10x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,454.4	+0.107%	$103.7M	$57.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,452.5	−0.018%	$161.9M	$317.0M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,453	+0.014%	—	$106.9M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,454.8	+0.138%	$2.3M	$4.2M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,453.8	+0.071%	$488K	$9.7M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,452.9	+0.009%	$3.0M	$501K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,450.5	−0.157%	$705K	$604K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,454.2	+0.098%	$109K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,453.5	+0.049%	$298K	$2.1M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,454	+0.083%	$127K	$161K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,452.5	−0.021%	$442K	$493K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,456.7	+0.266%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,453.4	+0.045%	$220K	$4.7M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,453	+0.014%	$2.4M	$25.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,453.5	+0.045%	$3.7M	$5.5M	50x	as long as short
Phoenix ZEC	+0.0103%	1h	1,452.3	−0.037%	$4.6M	$1.6M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,453.5	+0.052%	$36K	$362K	20x	as long as short
Lighter ZEC	+0.0144%	1h	1,455.3	+0.176%	$18.8M	$53.6M	20x	as long as short
RISEx ZEC/USDC	+0.0219%	1h	1,453	+0.013%	$862K	$2.5M	10x	as long as short
Extended ZEC-USD	+0.0352%	1h	1,452.7	−0.006%	$3.3M	$7.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0440%	1h	1,455.2	+0.167%	$3.7M	$11.6M	50x	as long as short
Aftermath Perps ZECUSD	+0.0464%	1h	1,454.1	+0.089%	$39K	$32K	10x	as long as short
Arcus ZEC-USD	+0.0518%	1h	1,454.9	+0.146%	$750K	$7.8M	10x	as long as short
Lighter RH ZEC	+0.0672%	1h	1,456.8	+0.273%	$1.9M	$8.4M	10x	as long as short