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

ZEC

all ZEC markets
SwapBacktest
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 SunX+0.019%7-day average −0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1351.353% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.311%−$31 on $10k
Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.019%, 7d avg −0.108%
Together, before fees−0.391%−$39 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 0.127% dearer against SunX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.108%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,485.30.0100pay 0.0100% / 8h1h 50m$3K$1.2M20x
ShortGate ZEC_USDT1,485.60.0100get 0.0100% / 8h1h 50m$54.0M$179.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against SunX. 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
$0
Price spread: +0.019% → −0.108%
$12.66
Slippage, 4 orders
−$112.32
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$122.65
Costs to cover
1.353%
Break-even
never at this rate
Slippage from SunX: 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 3 min ago29.03 bp50.4 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago0.03 bp7.9 bp −$816.4 bp −$16429.5 bp −$2,95151.7 bp −$25.8K

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3684%1h1,491.6+0.423%$34K$273K12xas long as short
ApeX Omni ZECUSDT−0.0140%1h1,485.7+0.029%$411K$932K50xas long as short
BloFin ZEC-USDT−0.0117%8h1,483−0.152%$30.6M$73.6M75xas long as short
Bulk ZEC-USD−0.0097%1h1,490.7+0.361%$901K$15K10xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,483.1−0.146%$18.0M$46.4M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,485.8+0.036%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,484.9−0.025%$413K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,483.6−0.116%$1.6M$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,482.4−0.197%$61K$294K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,483.1−0.147%$5.3M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0072%8h1,483−0.154%$298K$1.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,483.1−0.148%$157K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,482.7−0.173%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,485.1−0.011%$14.1M$30.7M75xas long as short
Pacifica ZEC+0.0100%1h1,484.6−0.045%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,485.5+0.013%$691.8M$2.29B75xas long as short
Bybit ZECUSDT+0.0100%8h1,486+0.045%$270.1M$627.3M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,486.3+0.065%$179.9M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,487+0.115%$405K$507K5xas long as short
Gate ZEC_USDTshort+0.0100%8h1,485.6+0.019%$54.0M$179.9M75x
MEXC ZEC_USDT+0.0100%8h1,485−0.022%$232.9M$774.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,484.8−0.030%$102.0M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,486.6+0.087%$160.4M$287.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,484.1−0.078%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,484.7−0.042%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,483−0.156%$48.4M$33.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,488.1+0.192%$569K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,485.4+0.007%$3.1M$477K10xas long as short
StandX ZEC-USD+0.0100%1h1,486.2+0.061%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,482.6−0.181%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,483.4−0.129%$163K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,482.2−0.205%$453K$500K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,485.3long leg$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,483.3−0.137%$253K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,482.8−0.171%$2.6M$19.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,483.7−0.105%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,482−0.225%$61K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,482.9−0.163%$11K$862K10xas long as short
Hyperliquid ZEC+0.0103%1h1,488+0.182%$772.8M$439.7M10xas long as short
Extended ZEC-USD+0.0104%1h1,485−0.020%$2.7M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,483.3−0.132%$45K$149K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,483.1−0.147%$8K$7K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0120% / S −0.0104%1h1,483.1−0.149%$430K100xas long as short
RISEx ZEC/USDC+0.0129%1h1,482.7−0.175%$927K$1.2M10xas long as short
Phoenix ZEC+0.0134%1h1,490.8+0.373%$4.7M$1.4M10xas long as short
Arcus ZEC-USD+0.0221%1h1,485.8+0.034%$621K$8.6M10xas long as short
Aftermath Perps ZECUSD+0.0248%1h1,489.5+0.287%$48K$63K10xas long as short
Lighter ZEC+0.0264%1h1,484.5−0.053%$19.4M$45.5M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0276%1h1,484.1−0.079%$706K$1.4M25xas long as short
Lighter RH ZEC+0.0288%1h1,484.8−0.030%$2.1M$7.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,484.8−0.033%$3.6M$9.9M50xas long as short