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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against edgeX+0.576%68s7-day average +0.062% · 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−$2812.805% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.084%−$8 on $10k
Price spread, last 3 days (all we have)−0.413%−$41 · spread now +0.576%, 7d avg +0.062%
Together, before fees−0.497%+ Points / potential airdropedgeX: Active · farm board−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.514% dearer against edgeX than usual: you sell high and buy low (spread +0.576% now, against its 7-day average of +0.062%): +$51 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 days. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,459.80.0100pay 0.0050% / 4h1h 46m$509K$9.5M20x
ShortgTrade (Gains Network) ZEC/USD1,468.3L +0.0007% / S −0.0006%get 0.0001% / 1h46m 01s$5.2M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against edgeX. 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: +0.576% → +0.062%
$51.43
Slippage, 4 orders
−$261.55
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$248.8
Costs to cover
2.805%
Break-even
never at this rate
Slippage from edgeX: 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 edgeX live order book, 3 min ago0.44 bp5.0 bp −$58.1 bp −$81doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 3 min ago130.06 bp135.1 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−0.3310%1h1,462.9+0.212%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,467.8+0.548%$17.8M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0107%1h1,459.3−0.037%$398K$518K5xas long as short
BloFin ZEC-USDT−0.0097%8h1,467.7+0.535%$29.3M$75.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,466.4+0.446%$6K$2K10xas long as short
Bybit ZECUSDT−0.0045%8h1,467.7+0.540%$271.7M$676.5M75xas long as short
Variational Omni ZEC−0.0023%8h1,459.1−0.049%$46.4M$34.1Mas long as short
dYdX ZEC-USD0.0000%1h1,468.1+0.563%$413K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.6+0.597%$889K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,467.8+0.547%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDshortL +0.0007% / S −0.0006%1h1,468.3+0.576%$5.2M150x
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,468.2+0.571%$543K100xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,467.7+0.541%$294K$1.5M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0039%1h1,468.7+0.605%$598K$1.3M25xas long as short
ApeX Omni ZECUSDT+0.0039%1h1,463.4+0.244%$430K$818K50xas long as short
OKX ZEC-USDT-SWAP+0.0051%8h1,468+0.560%$176.0M$1.36B50xas long as short
Bulk ZEC-USD+0.0054%1h1,460.6+0.050%$899K$25K10xas long as short
Gate ZEC_USDT+0.0060%8h1,467.8+0.547%$49.9M$184.1M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,468.2+0.575%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,459.6−0.015%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,468+0.561%$14K$864K10xas long as short
Lighter ZEC+0.0096%1h1,469.1+0.635%$19.0M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,467.8+0.544%$174K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468+0.555%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,468.6+0.602%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.6+0.599%$760.8M$490.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.1+0.563%$15.4M$33.6M75xas long as short
Pacifica ZEC+0.0100%1h1,468.5+0.591%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,467.6+0.532%$675.6M$2.52B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.6+0.530%$222.8M$854.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,468.1+0.565%$103.3M$56.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.6+0.531%$162.8M$308.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,467.5+0.525%$103.9Mas long as short
edgeX ZECUSDClong+0.0100%4h1,459.8long leg$509K$9.5M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,458.9−0.064%$3.0M$492K10xas long as short
StandX ZEC-USD+0.0100%1h1,466.9+0.483%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,467.6+0.531%$345K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.7+0.537%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.3+0.443%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,470.1+0.702%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,468+0.560%$223K$4.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468+0.555%$2.4M$23.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.5+0.593%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,468.3+0.577%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.9+0.554%$37K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,468.4+0.589%$844K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0226%1h1,468.5+0.590%$2.3M$4.0M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,470.5+0.733%$3.7M$11.7M50xas long as short
Lighter RH ZEC+0.0432%1h1,469.8+0.679%$2.0M$8.2M10xas long as short
Arcus ZEC-USD+0.0444%1h1,469.1+0.635%$730K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0525%1h1,465.2+0.369%$41K$34K10xas long as short