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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 22:00 UTC−0.0376%/8h= −41.2% APRpaid last 24h −0.085%
Price spread now: Gate against Coinbase International−0.061%7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$400.403% of the position
Long on Coinbase InternationalShort on Gate
What this pair did over the last
the charts below follow
Funding, last 7 days−0.167%−$17 on $10k
Price spread, last 3 days (all we have)−0.557%−$56 · spread now −0.061%, 7d avg −0.130%
Together, before fees−0.724%−$72 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.070% dearer against Coinbase International than usual: you sell high and buy low (spread −0.061% now, against its 7-day average of −0.130%): +$7 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.167% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.167% in total (about -8.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ZEC-PERP-INTX1,468.70.0424pay 0.0053% / 1h25m 28s$3.7M$11.6M50x
ShortGate ZEC_USDT1,467.80.0048get 0.0048% / 8h1h 25m$50.0M$185.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Coinbase International. 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
−$78.96
Price spread: −0.061% → −0.130%
$6.96
Slippage, 4 orders
−$15.33
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$112.34
Costs to cover
0.403%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Gate: live order book, 4 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 Coinbase International live order book, 4 min ago1.53 bp7.8 bp −$812.5 bp −$12539.1 bp −$3,913doesn't fit
Sell Gate live order book, 4 min ago0.44 bp11.4 bp −$1118.9 bp −$18931.9 bp −$3,18657.2 bp −$28.6K

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−0.3310%1h1,463.6−0.347%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,467.8−0.062%$17.9M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0219%1h1,462−0.456%$397K$514K5xas long as short
BloFin ZEC-USDT−0.0097%8h1,466.4−0.155%$29.3M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,468.1−0.038%$6K$2K10xas long as short
Bulk ZEC-USD−0.0065%1h1,462.1−0.449%$902K$27K10xas long as short
Bybit ZECUSDT−0.0058%8h1,467.7−0.066%$272.2M$667.1M75xas long as short
Variational Omni ZEC−0.0026%8h1,463−0.391%$46.5M$33.7M—as long as short
dYdX ZEC-USD0.0000%1h1,468.4−0.020%$413K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,467.3−0.096%$887K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,468−0.050%$83K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.6−0.072%$5.2M—150xas long as short
Orderly PERP_ZEC_USDC+0.0013%8h1,467.4−0.091%$293K$1.4M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0037% / S +0.0009%1h1,467.6−0.076%$356K—100xas long as short
Gate ZEC_USDTshort+0.0048%8h1,467.8−0.061%$50.0M$185.8M75x
OKX ZEC-USDT-SWAP+0.0052%8h1,468.1−0.037%$177.1M$1.35B50xas long as short
01 Exchange ZECUSD+0.0064%1h1,468.8+0.007%$8K$8K5xas long as short
ApeX Omni ZECUSDT+0.0070%1h1,463.9−0.327%$430K$821K50xas long as short
Phoenix ZEC+0.0075%1h1,467.6−0.075%$4.6M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,468.7−0.002%$174K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,468.4−0.017%$14K$832K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,467.2−0.101%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,468−0.047%$2.5M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.4+0.048%$761.9M$485.3M10xas long as short
Aster ZECUSDT+0.0100%8h1,467.7−0.070%$15.6M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,468−0.044%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.3−0.025%$676.5M$2.48B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.5−0.080%$222.5M$864.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.5−0.080%$103.9M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.1−0.039%$162.8M$305.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,467.4−0.088%—$6.7M—as long as short
edgeX ZECUSDC+0.0100%4h1,463.1−0.383%$510K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.2−0.375%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,465.8−0.197%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.2−0.033%$344K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.8−0.058%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466−0.186%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469+0.018%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.5−0.084%$223K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.2−0.169%$2.5M$23.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.4−0.022%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,468.5−0.013%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.4−0.088%$37K$366K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0104%1h1,468.2−0.031%$597K$1.3M25xas long as short
Lighter ZEC+0.0152%1h1,468.8+0.007%$19.0M$52.6M20xas long as short
RISEx ZEC/USDC+0.0190%1h1,468.8+0.011%$845K$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0193%1h1,468.8+0.005%$2.4M$3.8M15xas long as short
Lighter RH ZEC+0.0408%1h1,469.2+0.037%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTXlong+0.0424%1h1,468.7long leg$3.7M$11.6M50x
Arcus ZEC-USD+0.0444%1h1,469.2+0.036%$722K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0564%1h1,465.3−0.232%$41K$34K10xas long as short