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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0088%/8h= +9.7% APRpaid last 24h +0.034%
Price spread now: gTrade (Gains Network) against BloFin0.000%50s7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
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)+0.096%+$10 on $10k
Price spread, last 4 days (all we have)−0.148%−$15 · spread now 0.000%, 7d avg −0.003%
Together, before fees−0.052%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,456.6−0.0082get 0.0082% / 8h5h 28m$29.1M$71.0M75x
ShortgTrade (Gains Network) ZEC/USD1,456.6L +0.0007% / S −0.0006%get 0.0001% / 1h28m 26s$5.2M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BloFin. 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
$18.56
Price spread: 0.000% → −0.003%
$0.29
Slippage, 4 orders
−$262.69
Fee BloFin: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$265.84
Costs to cover
2.847%
Break-even
107.3 days
Slippage from BloFin: live order book, 6 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 6 min ago0.69 bp7.8 bp −$89.4 bp −$9416.3 bp −$1,628doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 1 min ago130.04 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−0.3244%1h1,455.5−0.078%$34K$272K12xas long as short
BloFin ZEC-USDTlong−0.0082%8h1,456.6long leg$29.1M$71.0M75x
Hotstuff ZEC-PERP−0.0080%1h1,456.7+0.003%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,455.8−0.058%$410K$44K5xas long as short
Kalshi KXZECPERP0.0000%8h1,458+0.093%$1.5M$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,456.1−0.035%$83K$243K10xas long as short
gTrade (Gains Network) ZEC/USDshortL +0.0007% / S −0.0006%1h1,456.60.000%$5.2M150x
Orderly PERP_ZEC_USDC+0.0044%8h1,456−0.047%$291K$979K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,456.6−0.001%$409K100xas long as short
Phoenix ZEC+0.0074%1h1,459.6+0.200%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni ZECUSDT+0.0094%1h1,456.7+0.003%$410K$911K50xas long as short
Popdex ZECUSDT+0.0096%1h1,456.5−0.008%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,457.5+0.058%$23K$869K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,456.6−0.004%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456.6−0.005%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,457.8+0.080%$762.9M$438.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,456.4−0.014%$14.5M$28.3M75xas long as short
Pacifica ZEC+0.0100%1h1,456.6−0.006%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.9+0.017%$667.3M$2.27B75xas long as short
Bybit ZECUSDT+0.0100%8h1,455.9−0.050%$266.0M$611.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,456.1−0.034%$178.8M$1.24B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,457.5+0.059%$396K$436K5xas long as short
Bulk ZEC-USD+0.0100%1h1,451.2−0.372%$879K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,456.7+0.003%$49.6M$173.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.1+0.034%$214.0M$776.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456.5−0.013%$102.0M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,456.6−0.005%$161.9M$278.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,456.9+0.019%$97.5Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,456.2−0.029%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,454.2−0.166%$47.0M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,453.2−0.238%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,458.3+0.111%$3.0M$419K10xas long as short
StandX ZEC-USD+0.0100%1h1,457.2+0.038%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.6−0.003%$331K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.1+0.030%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,454.9−0.118%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,459+0.161%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,456.4−0.014%$233K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,456−0.045%$2.6M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,456.3−0.025%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,456.1−0.037%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,456.2−0.033%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0128%1h1,457.7+0.073%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,456.3−0.026%$18.0M$44.6M25xas long as short
Lighter ZEC+0.0216%1h1,457.8+0.083%$19.0M$46.5M20xas long as short
Arcus ZEC-USD+0.0277%1h1,458.2+0.107%$709K$8.5M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0303%1h1,456.9+0.015%$613K$1.3M25xas long as short
Lighter RH ZEC+0.0344%1h1,458.1+0.103%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,456.8+0.012%$831K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,458+0.091%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0698%1h1,455.8−0.060%$45K$49K10xas long as short