Funding you earn now, next payment 09:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.018%
Price spread now: gTrade (Gains Network) against BingX−0.065%7-day average +0.083% · 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−$304as in the Price arb table
costs, in and out, $10k−$2892.895% of the position
Funding, last 4 days (all we have)−0.082%−$8 on $10k
+Price spread, last 7 days+0.145%+$14 · spread now −0.065%, 7d avg +0.083%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.148% cheaper against BingX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.083%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEC-USDC | 1,502.9 | 0.0100 | pay 0.0100% / 8h | 7h 27m | — | $6.7M | — |
| Short | gTrade (Gains Network) ZEC/USD | 1,501.9 | L +0.0007% / S −0.0006% | get 0.0001% / 1h | 27m 50s | $5.3M | — | 150x |
BingX ZEC-USDC
gTrade (Gains Network) ZEC/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against BingX. 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
- −$19.69
- Price spread: −0.065% → +0.083%
- −$14.81
- Slippage, 4 orders
- −$269.45
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$323.95
- Costs to cover
- 2.895%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 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 BingX live order book, 9 min ago | 0.40 bp | 8.6 bp −$9 | 11.7 bp −$117 | 37.2 bp −$3,720 | 79.3 bp −$39.6K |
| Sell gTrade (Gains Network) virtual book (oracle venue), 1 min ago | 130.05 bp | 135.1 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 | −0.3702% | 1h | 1,491.4 | −0.761% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,502.5 | −0.021% | $62K | $305K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0209% | 1h | 1,504.9 | +0.135% | $48K | $58K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0160% | 8h | 1,504.9 | +0.133% | $31.8M | $76.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,503.9 | +0.067% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,503.7 | +0.055% | $418K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,503.6 | +0.050% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USDshort | L +0.0007% / S −0.0006% | 1h | 1,501.9 | −0.065% | $5.3M | — | 150x | |
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,502.8 | −0.004% | $18.3M | $47.9M | 25x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,502.4 | −0.033% | $8K | $6K | 5x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Kraken Futures PF_ZECUSD
01 Exchange ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZEC_USDT | +0.0078% | 8h | 1,503.7 | +0.055% | $60.6M | $186.1M | 75x | as long as short |
| Phoenix ZEC | +0.0082% | 1h | 1,504.2 | +0.087% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0084% | 8h | 1,501.9 | −0.065% | $303K | $860K | 20x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,503.7 | +0.057% | $19.5M | $45.1M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,504.3 | +0.096% | $2.1M | $7.5M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,502.4 | −0.029% | $172K | $1.8M | 50x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0099% | 1h | 1,502.6 | −0.014% | $688K | $1.4M | 25x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,503 | +0.013% | $62K | $17K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,502.3 | −0.039% | $16K | $898K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,502.7 | −0.013% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,504.1 | +0.083% | $786.8M | $447.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,503.3 | +0.026% | $14.1M | $30.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,503.3 | +0.027% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,504 | +0.078% | $709.6M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,503.6 | +0.052% | $269.4M | $623.4M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,503.8 | +0.060% | $185.0M | $1.37B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,504.9 | +0.136% | $408K | $558K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,503.7 | +0.056% | $606K | $9.0M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,503.8 | +0.060% | $774K | $147K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,503.9 | +0.066% | $405.6M | $836.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,503.5 | +0.042% | $102.8M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,504 | +0.077% | $162.8M | $295.8M | 75x | as long as short |
| BingX ZEC-USDClong | +0.0100% | 8h | 1,502.9 | long leg | — | $6.7M | — | |
| Variational Omni ZEC | +0.0100% | 8h | 1,502.5 | −0.021% | $49.7M | $36.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,503.3 | +0.029% | $554K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,502.7 | −0.008% | $3.1M | $533K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,503.6 | +0.047% | $413K | $952K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,503 | +0.012% | $50K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,502.5 | −0.024% | $373K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,501.8 | −0.068% | $168K | $192K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,502 | −0.056% | $449K | $419K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,504.9 | +0.137% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,502.3 | −0.039% | $254K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,501.3 | −0.102% | $2.7M | $21.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,503.7 | +0.057% | $4.0M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,504 | +0.077% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,502.1 | −0.051% | $44K | $153K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,502.3 | −0.034% | $994K | $1.1M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0160% / S −0.0165% | 1h | 1,501.7 | −0.077% | $333K | — | 100x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0254% | 1h | 1,503.9 | +0.067% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,503.5 | +0.044% | $3.8M | $10.1M | 50x | as long as short |
Gate ZEC_USDT
Phoenix ZEC
Orderly PERP_ZEC_USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Deribit ZEC_USDC-PERPETUAL
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
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
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX