ZEC

Alert

Funding spread now, next payment 15:00 UTC−0.0202%/8h

next payment, per $10,000−$0.25paid, last 24h−0.094%paid, last 3 days−0.001%to open and close $10k−$295

Long on Coinbase International Short on gTrade (Gains Network)

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.001% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ZEC-PERP-INTX	1,516.8	0.0208	pay 0.0026% / 1h	39m 30s	$3.8M	$13.5M	50x
Short	gTrade (Gains Network) ZEC/USD	1,515.5	L +0.0007% / S −0.0006%	get 0.0001% / 1h	39m 30s	$5.3M	—	150x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee gTrade (Gains Network)bpOrdersRate

Funding earned: −$42.34
Slippage, 4 orders: −$274.72
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$337.06
Break-even: never at this rate

Slippage from Coinbase International: live order book, 1 min ago; gTrade (Gains Network): virtual book (oracle venue), 1 min ago.

Price risk

price view

Price gap now: −0.087%
Avg gap 7d: −0.111%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Coinbase International live order book, 1 min ago	2.84 bp	10.3 bp −$10	14.9 bp −$149	42.0 bp −$4,197	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 1 min ago	130.04 bp	135.0 bp −$135	584.7 bp −$5,847	doesn't fit	doesn't fit

ZEC on 50 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.5000%	1h	$35K	$72K	12x	as long as short
ApeX Omni ZECUSDT	−0.0352%	1h	$1.0M	$343K	50x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	$6K	$2K	10x	as long as short
01 Exchange ZECUSD	−0.0040%	1h	$9K	$14K	5x	as long as short
BloFin ZEC-USDT	−0.0035%	8h	$32.0M	$80.2M	75x	as long as short
Aster ZECUSDT	−0.0023%	8h	$14.9M	$36.8M	75x	as long as short
Bitget ZECUSDT	−0.0020%	8h	$168.5M	$322.5M	75x	as long as short
Orderly PERP_ZEC_USDC	−0.0015%	8h	$273K	$1.7M	20x	as long as short
dYdX ZEC-USD	0.0000%	1h	$425K	$116K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	$975K	$6.0M	2.2x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Perpl ZEC	0.0000%	43m	$78K	$493K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	$579K	$790K	25x	as long as short
Phoenix ZEC	+0.0003%	1h	$4.9M	$1.4M	10x	as long as short
OKX ZEC-USDT-SWAP	+0.0003%	8h	$188.1M	$1.65B	50x	as long as short
MEXC ZEC_USDT	+0.0004%	8h	$210.0M	$983.2M	150x	as long as short
Binance ZECUSDT	+0.0005%	8h	$708.3M	$2.82B	75x	as long as short
gTrade (Gains Network) ZEC/USDshort	L +0.0007% / S −0.0006%	1h	$5.3M	—	150x
Bullet ZEC-USD	+0.0011%	1h	$52K	$116K	20x	as long as short
Bybit ZECUSDT	+0.0040%	8h	$295.5M	$754.0M	75x	as long as short
Gate ZEC_USDT	+0.0042%	8h	$52.5M	$215.6M	75x	as long as short
BingX ZEC-USDT	+0.0046%	8h	—	$112.2M	—	as long as short
Aevo ZEC-PERP	+0.0080%	1h	$40K	$362K	20x	as long as short
RISEx ZEC/USDC	+0.0093%	1h	$877K	$2.8M	10x	as long as short
Katana Perps ZEC-USD	+0.0094%	8h	$23K	$1.2M	10x	as long as short
Lighter ZEC	+0.0096%	1h	$20.4M	$58.5M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	$1.7M	$8.0M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	$195K	$2.2M	50x	as long as short
Variational Omni ZEC	+0.0096%	8h	$49.6M	$33.5M	—	as long as short
Paradex ZEC-USD-PERP	+0.0097%	8h	$62K	$38K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	$3.2M	$7.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	$819.8M	$658.4M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	$1.7M	$3.7M	10x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	$316K	$683K	5x	as long as short
Arcus ZEC-USD	+0.0100%	1h	$638K	$5.7M	10x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	$105.4M	$70.1M	75x	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	$2.3M	$3.3M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	$510K	$10.6M	20x	as long as short
StandX ZEC-USD	+0.0100%	1h	$69K	$2.5M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	$343K	$3.4M	10x	as long as short
Derive ZEC-PERP	+0.0100%	1h	$499K	$245K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	$228K	$5.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	$2.7M	$30.8M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	$4.0M	$6.2M	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	$918K	$45K	10x	as long as short
Kraken Futures PF_ZECUSD	+0.0170%	1h	$19.0M	$42.1M	25x	as long as short
Extended ZEC-USD	+0.0176%	1h	$3.4M	$4.6M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0189% / S −0.0195%	1h	$364K	—	100x	as long as short
Coinbase International ZEC-PERP-INTXlong	+0.0208%	1h	$3.8M	$13.5M	50x
Aftermath Perps ZECUSD	+0.0520%	1h	$40K	$21K	10x	as long as short