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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:48 UTC+0.0006%/8h= +0.7% APRpaid last 24h −0.003%
Price spread now: gTrade (Gains Network) against Perpl−0.011%7-day average +0.054% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.111%+$11 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.011%, 7d avg +0.054%
Together, before fees+0.093%+ Points / potential airdropPerpl: Active · farm board+$9 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: gTrade (Gains Network) is 0.065% cheaper against Perpl than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl ZEC1,457.50get 0.0000% / 43m12m 31s$83K$240K10x
ShortgTrade (Gains Network) ZEC/USD1,457.3L +0.0007% / S −0.0006%get 0.0001% / 1h58m 31s$5.2M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Perpl. 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
$1.32
Price spread: −0.011% → +0.054%
−$6.52
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$29
Costs to cover
0.238%
Break-even
160.4 days
Slippage unknown: Perpl: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Perpl no order-book sample
Sell gTrade (Gains Network) virtual book (oracle venue), 1 min ago130.02 bp135.0 bp −$135584.7 bp −$5,847doesn't fitdoesn't fit
Perpl: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3042%1h1,459.7+0.149%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,455.6−0.128%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,456.6−0.061%$29.5M$70.8M75xas long as short
dYdX ZEC-USD0.0000%1h1,455.6−0.129%$410K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,461+0.240%$1.5M$4.5M2.2xas long as short
Perpl ZEClong0.0000%43m1,457.5long leg$83K$240K10x
gTrade (Gains Network) ZEC/USDshortL +0.0007% / S −0.0006%1h1,457.3−0.011%$5.2M150x
Orderly PERP_ZEC_USDC+0.0063%8h1,457.3−0.015%$291K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0071% / S −0.0023%1h1,457.4−0.008%$409K100xas long as short
Popdex ZECUSDT+0.0096%1h1,455.3−0.154%$173K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,455.6−0.134%$10K$858K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,455.5−0.137%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,459.4+0.128%$2.9M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,457−0.034%$758.0M$431.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,455.6−0.131%$14.8M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,455.6−0.134%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,455.2−0.155%$668.5M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,454.7−0.193%$261.2M$602.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,455−0.170%$177.9M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458+0.034%$396K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5+0.003%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,455.1−0.163%$50.5M$169.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,455.4−0.145%$214.2M$763.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,455.3−0.154%$102.7M$54.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,455.6−0.128%$165.5M$271.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,455.6−0.132%$105.6Mas long as short
Variational Omni ZEC+0.0100%8h1,457.6+0.008%$47.8M$32.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,457.9+0.030%$567K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.1+0.111%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,459.1+0.108%$405K$942K50xas long as short
StandX ZEC-USD+0.0100%1h1,459.7+0.153%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.6+0.007%$354K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.6+0.008%$161K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.1−0.094%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,460.4+0.200%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,456.9−0.042%$233K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,457−0.034%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.1−0.025%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,455.3−0.151%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.2−0.021%$47K$151K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,455.4−0.144%$8K$7K5xas long as short
Phoenix ZEC+0.0123%1h1,458.7+0.081%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0187%1h1,457.9+0.027%$615K$1.3M25xas long as short
Lighter RH ZEC+0.0200%1h1,456.6−0.061%$2.1M$6.9M10xas long as short
RISEx ZEC/USDC+0.0216%1h1,455.3−0.151%$921K$1.1M10xas long as short
Lighter ZEC+0.0232%1h1,456.7−0.054%$19.2M$44.6M20xas long as short
Backpack ZEC_USDC_PERP+0.0234%1h1,456.8−0.049%$2.4M$3.9M15xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,456.8−0.049%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,457.3−0.011%$681K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,459.7+0.148%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0673%1h1,458.5+0.068%$45K$49K10xas long as short