Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.016%
Price spread now: Gate against dYdX−0.030%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$830.835% of the position
Funding, last 7 days−0.248%−$25 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.030%, 7d avg +0.002%
=Funding pays, the price is against you. Gate is 0.032% cheaper against dYdX than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.002%). If the spread goes back, that is −$3 on $10k: about 26 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.248%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ZEC-USD | 1,472.1 | 0 | get 0.0000% / 1h | 31m 39s | $409K | $37K | 5x |
| Short | Gate ZEC_USDT | 1,471.7 | 0.0100 | get 0.0100% / 8h | 2h 31m | $53.4M | $171.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against dYdX. 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
- $21
- Price spread: −0.030% → +0.002%
- −$3.21
- Slippage, 4 orders
- −$58.46
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$65.67
- Costs to cover
- 0.835%
- Break-even
- 28.9 days
Slippage from dYdX: live order book, 17 min ago; Gate: live order book, 2 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 dYdX live order book, 17 min ago | 23.80 bp | 30.8 bp −$31 | 47.4 bp −$474 | 83.6 bp −$8,359 | 131.1 bp −$65.5K |
| Sell Gate live order book, 2 min ago | 0.03 bp | 12.2 bp −$12 | 18.7 bp −$187 | 30.4 bp −$3,041 | 56.1 bp −$28.1K |
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 | −0.3243% | 1h | 1,450 | −1.505% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,470.4 | −0.113% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0079% | 8h | 1,470.5 | −0.107% | $29.8M | $71.1M | 75x | as long as short |
| dYdX ZEC-USDlong | 0.0000% | 1h | 1,472.1 | long leg | $409K | $37K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,472.9 | +0.055% | $1.5M | $4.4M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,472.1 | +0.002% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,472.6 | +0.033% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,472.6 | +0.034% | $294K | $896K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0062% | 1h | 1,473.3 | +0.079% | $620K | $1.3M | 25x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,472.8 | +0.048% | $8K | $7K | 5x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZECUSDT | +0.0090% | 8h | 1,471.3 | −0.054% | $261.5M | $588.4M | 75x | as long as short |
| Phoenix ZEC | +0.0092% | 1h | 1,466.5 | −0.381% | $4.7M | $1.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,472.7 | +0.038% | $174K | $1.6M | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0097% / S −0.0051% | 1h | 1,472.4 | +0.023% | $439K | — | 100x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,471.3 | −0.055% | $13K | $812K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,471.6 | −0.034% | $61K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,473.1 | +0.071% | $2.9M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,472.7 | +0.041% | $766.9M | $419.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,471.6 | −0.032% | $14.4M | $28.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,472 | −0.010% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,471.7 | −0.025% | $679.1M | $2.16B | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,471.6 | −0.037% | $178.6M | $1.21B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,466.9 | −0.353% | $399K | $430K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,472.4 | +0.021% | $889K | $15K | 10x | as long as short |
| Gate ZEC_USDTshort | +0.0100% | 8h | 1,471.7 | −0.030% | $53.4M | $171.2M | 75x | |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,471.8 | −0.022% | $222.4M | $762.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,471.9 | −0.015% | $103.5M | $52.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,471.7 | −0.026% | $166.7M | $267.6M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,471.9 | −0.012% | — | $107.9M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,470.5 | −0.106% | $48.2M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,469.9 | −0.146% | $555K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,469.8 | −0.159% | $3.0M | $467K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,470 | −0.144% | $406K | $926K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,469.7 | −0.162% | $49K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,472.6 | +0.034% | $361K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,472.3 | +0.016% | $162K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,471.4 | −0.047% | $449K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,475.1 | +0.202% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,472.5 | +0.029% | $235K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,471.7 | −0.029% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,473 | +0.058% | $3.9M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,471.7 | −0.026% | $2.8M | $7.8M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,472.5 | +0.027% | $46K | $152K | 20x | as long as short |
| Lighter RH ZEC | +0.0120% | 1h | 1,472.9 | +0.051% | $2.1M | $7.1M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0146% | 1h | 1,472.6 | +0.031% | $18.0M | $45.6M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,471.9 | −0.017% | $929K | $1.1M | 10x | as long as short |
| Lighter ZEC | +0.0168% | 1h | 1,472.9 | +0.054% | $19.5M | $44.0M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0359% | 1h | 1,474.1 | +0.134% | $2.4M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,469.6 | −0.172% | $3.7M | $9.2M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,473.2 | +0.073% | $665K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0689% | 1h | 1,469.3 | −0.189% | $45K | $49K | 10x | as long as short |
Gate ZEC_USDT
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Deribit ZEC_USDC-PERPETUAL
01 Exchange ZECUSD
Bybit ZECUSDT
Phoenix ZEC
Popdex ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
Lighter RH ZEC
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD