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−0.0094%/8h= −10.3% APRpaid last 24h −0.016%
Price spread now: gTrade (Gains Network) against Bitget−0.066%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$2852.847% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.017%−$2 on $10k
Price spread, last 3 days (all we have)+0.261%+$26 · spread now −0.066%, 7d avg +0.018%
Together, before fees+0.244%+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.084% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZECUSDT1,474.20.0100pay 0.0100% / 8h20m 50s$163.6M$301.1M75x
ShortgTrade (Gains Network) ZEC/USD1,473.2L +0.0007% / S −0.0006%get 0.0001% / 1h20m 50s$5.2M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bitget. 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
−$19.68
Price spread: −0.066% → +0.018%
−$8.39
Slippage, 4 orders
−$262.71
Fee Bitget: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$312.78
Costs to cover
2.847%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 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 Bitget live order book, 3 min ago0.03 bp6.5 bp −$710.1 bp −$101doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 3 min ago130.02 bp135.0 bp −$135584.7 bp −$5,847doesn't fitdoesn't fit

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%1h1,452.2−1.492%$33K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0256%1h1,470.4−0.258%$399K$522K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,473.8−0.025%$17.9M$44.4M25xas long as short
Bybit ZECUSDT−0.0115%8h1,473.5−0.050%$275.0M$653.0M75xas long as short
BloFin ZEC-USDT−0.0107%8h1,473.7−0.033%$29.7M$75.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.2−0.269%$6K$2K10xas long as short
Variational Omni ZEC−0.0061%8h1,472.2−0.134%$47.2M$34.2Mas long as short
dYdX ZEC-USD0.0000%1h1,474.3+0.007%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473−0.083%$960K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,472.2−0.136%$84K$407K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni ZECUSDT0.0000%1h1,469.2−0.336%$431K$843K50xas long as short
gTrade (Gains Network) ZEC/USDshortL +0.0007% / S −0.0006%1h1,473.2−0.066%$5.2M150x
01 Exchange ZECUSD+0.0008%1h1,472.5−0.113%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,473.1−0.074%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,471.2−0.204%$4.6M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,473.7−0.037%$181.2M$1.34B50xas long as short
Gate ZEC_USDT+0.0049%8h1,474.6+0.025%$51.3M$187.3M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,473.2−0.067%$372K100xas long as short
Lighter ZEC+0.0096%1h1,475.6+0.097%$19.2M$52.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,472.7−0.104%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,471.3−0.197%$13K$834K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.3−0.132%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.2−0.070%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,475.3+0.075%$764.5M$472.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,474.4+0.012%$15.0M$32.6M75xas long as short
Pacifica ZEC+0.0100%1h1,473−0.083%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,474−0.014%$683.9M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,473.3−0.061%$702K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,469.8−0.302%$894K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,474.6+0.028%$223.2M$841.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.7+0.033%$103.8M$56.0M75xas long as short
Bitget ZECUSDTlong+0.0100%8h1,474.2long leg$163.6M$301.1M75x
BingX ZEC-USDC+0.0100%8h1,473.6−0.041%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,468−0.422%$511K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470−0.284%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,469−0.350%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.7−0.102%$337K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.7−0.098%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,471.5−0.183%$459K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475.1+0.061%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,473.5−0.050%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,473−0.081%$2.5M$22.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.9−0.022%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,475+0.051%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.7−0.102%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,473.1−0.076%$826K$1.2M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0154%1h1,474.1−0.009%$615K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0418%1h1,475.2+0.070%$2.5M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,475.7+0.102%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0472%1h1,476.4+0.148%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0740%1h1,472−0.150%$46K$47K10xas long as short