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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.027%
Price spread now: Aevo against gTrade (Gains Network)−0.007%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3193.190% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.088%+$9 on $10k
Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.007%, 7d avg −0.005%
Together, before fees+0.218%+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,451.5L +0.0007% / S −0.0006%pay 0.0001% / 1h46m 04s$5.1M150x
ShortAevo ZEC-PERP1,451.40.0104get 0.0013% / 1h46m 04s$47K$151K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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
$20.4
Price spread: −0.007% → −0.005%
−$0.2
Slippage, 4 orders
−$293.03
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$298.83
Costs to cover
3.190%
Break-even
109.6 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; Aevo: live order book, 8 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 gTrade (Gains Network) virtual book (oracle venue), 3 min ago130.04 bp135.0 bp −$135425.9 bp −$4,2594809.1 bp −$480.9Kdoesn't fit
Sell Aevo live order book, 8 min ago15.35 bp25.4 bp −$2527.1 bp −$27156.5 bp −$5,651doesn'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−0.3042%1h1,454+0.178%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,451.5+0.003%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,451.5+0.001%$29.4M$70.3M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.8+0.027%$409K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,452.1+0.046%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,450.4−0.075%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,451.5long leg$5.1M150x
Orderly PERP_ZEC_USDC+0.0063%8h1,451.3−0.009%$290K$943K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0079% / S −0.0029%1h1,451.3−0.008%$432K100xas long as short
Lighter RH ZEC+0.0096%1h1,452.6+0.081%$2.1M$7.0M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,451.1−0.021%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,451.1−0.023%$13K$851K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,451.1−0.024%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,451.7+0.020%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,451.7+0.019%$14.7M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,451.6+0.009%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,451.8+0.021%$666.7M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,451.3−0.014%$260.9M$600.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,451.9+0.030%$177.5M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,452.7+0.086%$394K$439K5xas long as short
Bulk ZEC-USD+0.0100%1h1,454+0.176%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,451.8+0.027%$50.5M$170.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,452+0.034%$216.2M$766.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,451.5+0.003%$102.4M$53.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,452.2+0.052%$165.0M$270.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,451.9+0.029%$105.5Mas long as short
Variational Omni ZEC+0.0100%8h1,450.4−0.070%$47.6M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,452.9+0.102%$565K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,454+0.175%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,453.1+0.116%$403K$941K50xas long as short
StandX ZEC-USD+0.0100%1h1,452.1+0.045%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451.1−0.024%$352K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,451.2−0.015%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,450.3−0.083%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,453.5+0.143%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,451.4−0.004%$232K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,451−0.031%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,452.3+0.056%$3.8M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,451.3−0.008%$2.8M$7.7M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,451.4−0.007%$47K$151K20x
Hyperliquid ZEC+0.0112%1h1,453.3+0.128%$756.0M$428.6M10xas long as short
Phoenix ZEC+0.0116%1h1,454.5+0.212%$4.6M$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0119%1h1,452.1+0.045%$2.4M$3.9M15xas long as short
01 Exchange ZECUSD+0.0120%1h1,451.3−0.009%$8K$7K5xas long as short
Lighter ZEC+0.0176%1h1,452.9+0.097%$19.1M$44.7M20xas long as short
RISEx ZEC/USDC+0.0216%1h1,451.4−0.002%$918K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0221%1h1,452.1+0.046%$613K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0334%1h1,451.3−0.011%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,453.9+0.168%$690K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,454.1+0.185%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0673%1h1,453.7+0.155%$44K$49K10xas long as short