Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%

Price spread now: Gate against HTX+0.190%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$360.361% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.096%+$10 on $10k

Price spread, last 4 days (all we have)−0.407%−$41 · spread now +0.190%, 7d avg +0.025%

Together, before fees−0.311%−$31 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: Gate is 0.165% dearer against HTX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ZEC-USDT	1,482.8	0.0100	pay 0.0100% / 8h	1h 50m	$2.6M	$19.7M	75x
Short	Gate ZEC_USDT	1,485.6	0.0100	get 0.0100% / 8h	1h 50m	$54.0M	$179.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against HTX. 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 HTXbpFee GatebpOrdersPrice spread, now +0.190%Rate

Funding earned: $0
Price spread: +0.190% → +0.025%: $16.51
Slippage, 4 orders: −$9.14
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$19.63
Costs to cover: 0.361%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; Gate: live order book, 3 min ago.

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 HTX live order book, 3 min ago	2.55 bp	10.4 bp −$10	17.6 bp −$176	46.3 bp −$4,626	doesn't fit
Sell Gate live order book, 3 min ago	0.03 bp	7.9 bp −$8	16.4 bp −$164	29.5 bp −$2,951	51.7 bp −$25.8K

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	−0.3684%	1h	1,491.6	+0.596%	$34K	$273K	12x	as long as short
ApeX Omni ZECUSDT	−0.0140%	1h	1,485.7	+0.200%	$411K	$932K	50x	as long as short
BloFin ZEC-USDT	−0.0117%	8h	1,483	+0.019%	$30.6M	$73.6M	75x	as long as short
Bulk ZEC-USD	−0.0097%	1h	1,490.7	+0.533%	$901K	$15K	10x	as long as short
Kraken Futures PF_ZECUSD	−0.0097%	1h	1,483.1	+0.025%	$18.0M	$46.4M	25x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,485.8	+0.208%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,484.9	+0.146%	$413K	$35K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,483.6	+0.055%	$1.6M	$4.7M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,482.4	−0.026%	$61K	$294K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,483.1	+0.024%	$5.3M	—	150x	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	+0.0072%	8h	1,483	+0.017%	$298K	$1.1M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,483.1	+0.023%	$157K	$1.7M	50x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,482.7	−0.002%	$2.8M	$6.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,485.1	+0.160%	$14.1M	$30.7M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,484.6	+0.127%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,485.5	+0.185%	$691.8M	$2.29B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,486	+0.216%	$270.1M	$627.3M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,486.3	+0.236%	$179.9M	$1.31B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,487	+0.287%	$405K	$507K	5x	as long as short
Gate ZEC_USDTshort	+0.0100%	8h	1,485.6	+0.190%	$54.0M	$179.9M	75x
MEXC ZEC_USDT	+0.0100%	8h	1,485	+0.149%	$232.9M	$774.4M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,484.8	+0.141%	$102.0M	$56.4M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,486.6	+0.258%	$160.4M	$287.7M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,484.1	+0.093%	—	$6.7M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,484.7	+0.129%	$2.3M	$3.9M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,483	+0.016%	$48.4M	$33.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,488.1	+0.363%	$569K	$8.9M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,485.4	+0.178%	$3.1M	$477K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,486.2	+0.232%	$56K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,482.6	−0.010%	$359K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,483.4	+0.042%	$163K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,482.2	−0.034%	$453K	$500K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,485.3	+0.171%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,483.3	+0.034%	$253K	$3.5M	10x	as long as short
HTX ZEC-USDTlong	+0.0100%	8h	1,482.8	long leg	$2.6M	$19.7M	75x
Phemex ZECUSDT	+0.0100%	8h	1,483.7	+0.066%	$4.0M	$5.0M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,482	−0.054%	$61K	$43K	10x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,482.9	+0.008%	$11K	$862K	10x	as long as short
Hyperliquid ZEC	+0.0103%	1h	1,488	+0.354%	$772.8M	$439.7M	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,485	+0.151%	$2.7M	$7.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,483.3	+0.039%	$45K	$149K	20x	as long as short
01 Exchange ZECUSD	+0.0120%	1h	1,483.1	+0.024%	$8K	$7K	5x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0120% / S −0.0104%	1h	1,483.1	+0.022%	$430K	—	100x	as long as short
RISEx ZEC/USDC	+0.0129%	1h	1,482.7	−0.004%	$927K	$1.2M	10x	as long as short
Phoenix ZEC	+0.0134%	1h	1,490.8	+0.545%	$4.7M	$1.4M	10x	as long as short
Arcus ZEC-USD	+0.0221%	1h	1,485.8	+0.206%	$621K	$8.6M	10x	as long as short
Aftermath Perps ZECUSD	+0.0248%	1h	1,489.5	+0.459%	$48K	$63K	10x	as long as short
Lighter ZEC	+0.0264%	1h	1,484.5	+0.118%	$19.4M	$45.5M	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0276%	1h	1,484.1	+0.092%	$706K	$1.4M	25x	as long as short
Lighter RH ZEC	+0.0288%	1h	1,484.8	+0.141%	$2.1M	$7.3M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0480%	1h	1,484.8	+0.138%	$3.6M	$9.9M	50x	as long as short