ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0165%/8h= −18.0% APRnext payment −$0.21 per $10,000 · paid last 24h −0.013%

Price spread now: GMX against Pacifica+0.063%7-day average +0.025% · you sell dearer than you buy

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

Long on Pacifica Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.113%−$11 on $10k

Price spread, last 3 days (all we have)+0.751%+$75 · spread now +0.063%, 7d avg +0.025%

Together, before fees+0.638%+ Points / potential airdropPacifica: Active · farm board+$64 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GMX is 0.038% dearer against Pacifica than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of +0.025%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ZEC	1,451.5	0.0100	pay 0.0013% / 1h	51m 21s	$1.6M	$3.1M	10x
Short	GMX ZEC/USD [WBTC.b-USDC]	1,452.5	L +0.0039% / S +0.0065%	pay 0.0008% / 1h	51m 21s	$543K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 PacificabpFee GMXbpOrdersPrice spread, now +0.063%Rate

Funding earned: −$34.61
Price spread: +0.063% → +0.025%: $3.82
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$50.79
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 3 min ago; GMX: 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 Pacifica live order book, 3 min ago	1.41 bp	7.7 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.960%	$33K	$275K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,451.6	+0.005%	$6K	$2K	10x	as long as short
Kraken Futures PF_ZECUSD	−0.0071%	1h	1,452.6	+0.071%	$17.6M	$44.6M	25x	as long as short
BloFin ZEC-USDT	−0.0069%	8h	1,453.2	+0.115%	$28.9M	$75.9M	75x	as long as short
Variational Omni ZEC	−0.0034%	8h	1,451.4	−0.011%	$45.5M	$32.3M	—	as long as short
Bybit ZECUSDT	−0.0012%	8h	1,452	+0.032%	$269.3M	$677.8M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,451.4	−0.011%	$409K	$106K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,452.3	+0.051%	$848K	$5.5M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,451.8	+0.017%	$82K	$400K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,453.6	+0.143%	$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
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,452.7	+0.081%	$5.1M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0008%	8h	1,452.7	+0.080%	$291K	$1.5M	20x	as long as short
OKX ZEC-USDT-SWAP	+0.0038%	8h	1,453	+0.101%	$172.1M	$1.37B	50x	as long as short
GMX ZEC/USD [WBTC.b-USDC]short	L +0.0039% / S +0.0065%	1h	1,452.5	+0.063%	$543K	—	100x
Aster ZECUSDT	+0.0055%	8h	1,452.3	+0.054%	$15.2M	$35.2M	75x	as long as short
Gate ZEC_USDT	+0.0064%	8h	1,452.3	+0.054%	$49.1M	$185.3M	75x	as long as short
01 Exchange ZECUSD	+0.0080%	1h	1,452.4	+0.061%	$8K	$8K	5x	as long as short
Ondo Perps ZEC-USD.P	+0.0090%	1h	1,449.8	−0.120%	$394K	$522K	5x	as long as short
Katana Perps ZEC-USD	+0.0095%	8h	1,452.3	+0.052%	$17K	$886K	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,452.3	+0.052%	$177K	$2.0M	50x	as long as short
MEXC ZEC_USDT	+0.0099%	8h	1,452.3	+0.054%	$218.6M	$880.4M	150x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,451.6	+0.007%	$60K	$37K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,451.9	+0.026%	$3.0M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,453	+0.101%	$751.2M	$492.8M	10x	as long as short
Pacifica ZEClong	+0.0100%	1h	1,451.5	long leg	$1.6M	$3.1M	10x
Binance ZECUSDT	+0.0100%	8h	1,452.5	+0.067%	$658.8M	$2.55B	75x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,455	+0.236%	$896K	$37K	10x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,452.5	+0.067%	$103.6M	$57.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,452.8	+0.086%	$161.9M	$316.9M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,452.7	+0.082%	—	$106.9M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,451.6	+0.007%	$2.3M	$4.2M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,453.4	+0.128%	$487K	$9.8M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,452.9	+0.095%	$3.0M	$501K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,454.1	+0.174%	$707K	$606K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,452	+0.030%	$109K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,452	+0.032%	$298K	$2.1M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,452.3	+0.051%	$127K	$161K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,451.6	+0.001%	$441K	$493K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,455.7	+0.283%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,452.6	+0.075%	$220K	$4.7M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,452.1	+0.041%	$2.4M	$25.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,452.9	+0.093%	$3.7M	$5.5M	50x	as long as short
Phoenix ZEC	+0.0103%	1h	1,452.3	+0.049%	$4.6M	$1.6M	10x	as long as short
Lighter ZEC	+0.0104%	1h	1,454.4	+0.198%	$18.8M	$53.9M	20x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,452.7	+0.082%	$36K	$362K	20x	as long as short
RISEx ZEC/USDC	+0.0219%	1h	1,452.6	+0.071%	$862K	$2.5M	10x	as long as short
Extended ZEC-USD	+0.0312%	1h	1,452.9	+0.095%	$3.3M	$7.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0440%	1h	1,454.3	+0.189%	$3.7M	$11.5M	50x	as long as short
Aftermath Perps ZECUSD	+0.0464%	1h	1,453.2	+0.114%	$39K	$32K	10x	as long as short
Arcus ZEC-USD	+0.0518%	1h	1,454.1	+0.176%	$756K	$7.8M	10x	as long as short
Lighter RH ZEC	+0.0680%	1h	1,454.8	+0.226%	$1.9M	$8.4M	10x	as long as short