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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0041%/8h= −4.5% APRnext payment $0.05 per $10,000 · paid last 24h +0.004%
Price spread now: GMX against 01 Exchange+0.028%7-day average · you sell dearer than you buy
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. GMX is 0.028% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ZECUSD1,475.20.0032pay 0.0004% / 1h55m 09s$8K$8K5x
ShortGMX ZEC/USD [WBTC.b-USDC]1,475.6L +0.0038% / S +0.0009%pay 0.0001% / 1h55m 09s$367K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against 01 Exchange. 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
−$8.64
Price spread: +0.028% → 0.000%
$2.77
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
−$24.87
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell GMX no order-book sample
01 Exchange and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3089%1h1,475.9+0.048%$34K$275K12xas long as short
ApeX Omni ZECUSDT−0.0365%1h1,474−0.076%$432K$827K50xas long as short
Ondo Perps ZEC-USD.P−0.0315%1h1,473.5−0.112%$400K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0224%1h1,475.3+0.011%$18.0M$45.0M25xas long as short
BloFin ZEC-USDT−0.0111%8h1,475−0.011%$29.4M$75.9M75xas long as short
Bybit ZECUSDT−0.0082%8h1,474.7−0.033%$273.8M$665.7M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,474−0.079%$6K$2K10xas long as short
Variational Omni ZEC−0.0037%8h1,473.4−0.118%$47.0M$33.5Mas long as short
dYdX ZEC-USD0.0000%1h1,473.8−0.093%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,475.1−0.007%$901K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,474.6−0.036%$84K$404K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,476+0.058%$616K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,475.6+0.031%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,475.1−0.007%$295K$1.4M20xas long as short
01 Exchange ZECUSDlong+0.0032%1h1,475.2long leg$8K$8K5x
GMX ZEC/USD [WBTC.b-USDC]shortL +0.0038% / S +0.0009%1h1,475.6+0.028%$367K100x
OKX ZEC-USDT-SWAP+0.0040%8h1,475−0.009%$180.1M$1.35B50xas long as short
Gate ZEC_USDT+0.0046%8h1,475.1−0.004%$50.5M$183.7M75xas long as short
SoDEX ZEC-USD+0.0068%1h1,475.1−0.003%$227K$4.5M10xas long as short
Phoenix ZEC+0.0075%1h1,475.4+0.018%$4.7M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,474.6−0.035%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,475.3+0.009%$12K$828K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,474.3−0.057%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.8−0.024%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,476.5+0.092%$766.3M$479.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,475.2+0.002%$15.7M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,474.8−0.023%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,475−0.011%$682.4M$2.47B75xas long as short
Arcus ZEC-USD+0.0100%1h1,475.4+0.016%$715K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471.1−0.273%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,475.1−0.003%$222.9M$829.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,475.3+0.011%$104.3M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,475.3+0.007%$163.0M$304.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,474.1−0.071%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,473.3−0.124%$515K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.7−0.029%$3.0M$482K10xas long as short
StandX ZEC-USD+0.0100%1h1,475.4+0.015%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,474.6−0.037%$348K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,475.1−0.005%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.6−0.105%$449K$503K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.5+0.156%$3K$1.2M20xas long as short
HTX ZEC-USDT+0.0100%8h1,474.4−0.049%$2.5M$23.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,475.3+0.013%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,475.6+0.034%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,475−0.007%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,475.3+0.010%$836K$1.3M10xas long as short
Lighter ZEC+0.0136%1h1,476.9+0.118%$19.1M$52.1M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,477.6+0.169%$3.8M$11.4M50xas long as short
Lighter RH ZEC+0.0528%1h1,477.3+0.146%$2.0M$8.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0608%1h1,476.2+0.072%$2.4M$3.7M15xas long as short
Aftermath Perps ZECUSD+0.0620%1h1,473.5−0.112%$46K$47K10xas long as short