Funding you earn now, next payment 03:00 UTC−0.0403%/8h= −44.1% APRnext payment −$0.50 per $10,000 · paid last 24h −0.036%
Price spread now: gTrade (Gains Network) against RISEx−0.045%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$282as in the Price arb table
costs, in and out, $10k−$2802.795% of the position
Funding, last 3 days (all we have)−0.259%−$26 on $10k
+Price spread, last 7 days+0.081%+$8 · spread now −0.045%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and gTrade (Gains Network) is 0.021% cheaper against RISEx than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ZEC/USDC | 1,457.4 | 0.0409 | pay 0.0051% / 1h | 12m 55s | $834K | $1.0M | 10x |
| Short | gTrade (Gains Network) ZEC/USD | 1,456.7 | L +0.0007% / S −0.0006% | get 0.0001% / 1h | 12m 55s | $5.2M | — | 150x |
RISEx ZEC/USDC
gTrade (Gains Network) ZEC/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against RISEx. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$84.65
- Price spread: −0.045% → −0.024%
- −$2.06
- Slippage, 4 orders
- −$263.54
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$366.25
- Costs to cover
- 2.795%
- Break-even
- never at this rate
Slippage from RISEx: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy RISEx live order book, 1 min ago | 1.75 bp | 4.7 bp −$5 | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 1 min ago | 130.02 bp | 135.0 bp −$135 | 584.7 bp −$5,847 | doesn't fit | doesn't fit |
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 | −0.3244% | 1h | 1,456.6 | −0.058% | $34K | $272K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0084% | 8h | 1,455.7 | −0.119% | $29.4M | $70.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,456.7 | −0.046% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,457 | −0.027% | $410K | $43K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,457.2 | −0.013% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,456.7 | −0.045% | $83K | $241K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDshort | L +0.0007% / S −0.0006% | 1h | 1,456.7 | −0.045% | $5.2M | — | 150x | |
| Orderly PERP_ZEC_USDC | +0.0051% | 8h | 1,456.5 | −0.062% | $291K | $966K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0061% / S −0.0011% | 1h | 1,456.3 | −0.072% | $409K | — | 100x | as long as short |
| Phoenix ZEC | +0.0074% | 1h | 1,458.4 | +0.068% | $4.6M | $1.4M | 10x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,456.9 | −0.035% | $173K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,456.7 | −0.046% | $13K | $882K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,456.7 | −0.046% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,457 | −0.024% | $2.6M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,457.7 | +0.021% | $757.6M | $434.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,456.1 | −0.090% | $14.5M | $28.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,456.8 | −0.040% | $1.7M | $2.5M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,456.5 | −0.063% | $667.8M | $2.23B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,456.1 | −0.092% | $264.3M | $605.3M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,456.9 | −0.036% | $178.3M | $1.23B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,460.5 | +0.213% | $396K | $439K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.5 | +0.004% | $883K | $21K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,456.4 | −0.071% | $50.1M | $175.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,456.1 | −0.088% | $213.4M | $780.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,456.4 | −0.072% | $102.1M | $55.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,456.8 | −0.038% | $161.9M | $273.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,455.7 | −0.118% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,456.6 | −0.057% | $2.4M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,462.2 | +0.332% | $47.8M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,460.6 | +0.223% | $570K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,462.3 | +0.335% | $3.0M | $432K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,461 | +0.249% | $411K | $909K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,456.1 | −0.090% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,456.8 | −0.041% | $369K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,456.7 | −0.050% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,455.4 | −0.135% | $444K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,459.5 | +0.143% | $4K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,456.3 | −0.075% | $233K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,456.3 | −0.072% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,456.4 | −0.068% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,455.8 | −0.108% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,456 | −0.094% | $47K | $153K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0144% | 1h | 1,457.2 | −0.014% | $8K | $7K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0196% | 1h | 1,456.3 | −0.078% | $18.0M | $44.7M | 25x | as long as short |
| Lighter ZEC | +0.0248% | 1h | 1,457.9 | +0.033% | $19.1M | $46.7M | 20x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,458.3 | +0.062% | $713K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0368% | 1h | 1,457.5 | +0.007% | $2.0M | $6.9M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0399% | 1h | 1,457.3 | −0.003% | $612K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDClong | +0.0409% | 1h | 1,457.4 | long leg | $834K | $1.0M | 10x | |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,458.9 | +0.102% | $3.7M | $9.2M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0692% | 1h | 1,458.8 | +0.099% | $45K | $49K | 10x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
Kraken Futures PF_ZECUSD
Lighter ZEC
Arcus ZEC-USD
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD