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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0094%/8h= −10.3% APRnext payment $0.12 per $10,000 · paid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Nado−0.118%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2792.794% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.094%−$9 on $10k
Price spread, last 7 days+0.111%+$11 · spread now −0.118%, 7d avg −0.039%
Together, before fees+0.017%+ Points / potential airdropNado: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.080% cheaper against Nado than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ZEC-PERP1,464.60.0100pay 0.0012% / 1h2m 38s$2.9M$6.4M10x
ShortgTrade (Gains Network) ZEC/USD1,462.8L +0.0007% / S −0.0006%get 0.0001% / 1h2m 38s$5.2M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Nado. 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
−$19.67
Price spread: −0.118% → −0.039%
−$7.98
Slippage, 4 orders
−$262.38
Fee Nado: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$307.03
Costs to cover
2.794%
Break-even
never at this rate
Slippage from Nado: live order book, 1 min ago; gTrade (Gains Network): virtual book (oracle venue), 1 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 Nado live order book, 1 min ago0.03 bp4.3 bp −$412.3 bp −$123doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 1 min ago130.03 bp135.0 bp −$135584.7 bp −$5,847doesn'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−0.3042%1h1,465+0.026%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,463.1−0.097%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0072%8h1,462.7−0.130%$29.6M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,463.2−0.094%$407K$37K5xas long as short
Perpl ZEC0.0000%43m1,462.7−0.126%$84K$239K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,463.2−0.094%$616K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDshortL +0.0007% / S −0.0006%1h1,462.8−0.118%$5.2M150x
Orderly PERP_ZEC_USDC+0.0062%8h1,462.4−0.151%$292K$900K20xas long as short
Ondo Perps ZEC-USD.P+0.0070%1h1,464.3−0.018%$397K$436K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0090% / S −0.0042%1h1,462.7−0.127%$437K100xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,461.9−0.185%$174K$1.6M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,462.8−0.118%$14K$799K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,462−0.172%$60K$43K10xas long as short
Nado ZEC-PERPlong+0.0100%1h1,464.6long leg$2.9M$6.4M10x
Aster ZECUSDT+0.0100%8h1,461.9−0.181%$14.5M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,462.2−0.164%$1.7M$2.3M10xas long as short
Binance ZECUSDT+0.0100%8h1,461.9−0.179%$673.9M$2.17B75xas long as short
Bybit ZECUSDT+0.0100%8h1,461.5−0.207%$261.7M$585.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,461.6−0.202%$178.6M$1.20B50xas long as short
Bulk ZEC-USD+0.0100%1h1,462.8−0.120%$884K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,461.9−0.185%$52.5M$173.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,461.9−0.181%$218.9M$776.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,462.7−0.131%$103.0M$52.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,462.1−0.168%$166.3M$267.4M75xas long as short
BingX ZEC-USDC+0.0100%8h1,462.5−0.142%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,465.8+0.087%$48.1M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,465.4+0.058%$570K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,465.7+0.080%$3.0M$453K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,463.9−0.045%$404K$920K50xas long as short
StandX ZEC-USD+0.0100%1h1,464.8+0.013%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,463.1−0.100%$357K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,462.7−0.128%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,461.7−0.198%$446K$504K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,465.3+0.052%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,462.7−0.129%$234K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,462.3−0.155%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,463.1−0.100%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,462.2−0.162%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,462.5−0.142%$47K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,462.1−0.166%$8K$7K5xas long as short
Phoenix ZEC+0.0116%1h1,465.4+0.054%$4.7M$1.3M10xas long as short
Lighter RH ZEC+0.0128%1h1,463.8−0.051%$2.1M$7.1M10xas long as short
Kalshi KXZECPERP+0.0137%8h1,464.3−0.021%$1.5M$4.4M2.2xas long as short
Hyperliquid ZEC+0.0147%1h1,463.8−0.052%$762.7M$419.6M10xas long as short
Lighter ZEC+0.0160%1h1,463.4−0.081%$19.3M$45.8M20xas long as short
RISEx ZEC/USDC+0.0216%1h1,462.3−0.153%$925K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0315%1h1,463.1−0.097%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0331%1h1,462.7−0.128%$18.0M$45.5M25xas long as short
Arcus ZEC-USD+0.0344%1h1,463.6−0.065%$673K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,465.1+0.035%$3.8M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0685%1h1,463.9−0.044%$45K$49K10xas long as short