Funding you earn now, next payment 23:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.017%
Price spread now: Binance against gTrade (Gains Network)+0.049%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2812.812% of the position
Funding, last 3 days (all we have)+0.047%+$5 on $10k
+Price spread, last 3 days (all we have)−0.380%−$38 · spread now +0.049%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.062% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ZEC/USD | 1,463.3 | L +0.0007% / S −0.0006% | pay 0.0001% / 1h | 48m 49s | $5.2M | — | 150x |
| Short | Binance ZECUSDT | 1,464.1 | 0.0100 | get 0.0100% / 8h | 1h 48m | $671.5M | $2.52B | 75x |
gTrade (Gains Network) ZEC/USD
Binance ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $19.56
- Price spread: +0.049% → −0.013%
- $6.23
- Slippage, 4 orders
- −$261.17
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$255.38
- Costs to cover
- 2.812%
- Break-even
- 98.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 5 min ago; Binance: live order book, 10 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 gTrade (Gains Network) virtual book (oracle venue), 5 min ago | 130.04 bp | 135.0 bp −$135 | 426.0 bp −$4,260 | 4809.1 bp −$480.9K | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.03 bp | 5.7 bp −$6 | 7.2 bp −$72 | 10.4 bp −$1,036 | doesn't fit |
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 | −0.3310% | 1h | 1,462.9 | −0.027% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0405% | 1h | 1,463.2 | −0.012% | $17.8M | $44.7M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0098% | 8h | 1,463.6 | +0.020% | $29.2M | $75.4M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0093% | 1h | 1,459.3 | −0.276% | $397K | $518K | 5x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,462.5 | −0.055% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0045% | 8h | 1,463.2 | −0.012% | $270.4M | $675.9M | 75x | as long as short |
| Variational Omni ZEC | −0.0023% | 8h | 1,459.1 | −0.288% | $46.4M | $34.1M | — | as long as short |
| ApeX Omni ZECUSDT | −0.0002% | 1h | 1,461.6 | −0.122% | $429K | $817K | 50x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,464.2 | +0.060% | $412K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,462.9 | −0.028% | $889K | $5.7M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Ondo Perps ZEC-USD.P
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
ApeX Omni ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,462.2 | −0.081% | $83K | $404K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDlong | L +0.0007% / S −0.0006% | 1h | 1,463.3 | long leg | $5.2M | — | 150x | |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0009% / S +0.0078% | 1h | 1,463.1 | −0.014% | $559K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,462.9 | −0.028% | $293K | $1.5M | 20x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0052% | 8h | 1,463.6 | +0.020% | $175.4M | $1.36B | 50x | as long as short |
| Bulk ZEC-USD | +0.0054% | 1h | 1,460.6 | −0.189% | $899K | $25K | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,463.6 | +0.020% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0059% | 8h | 1,464 | +0.042% | $49.7M | $183.9M | 75x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,459.6 | −0.254% | $4.6M | $1.6M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0082% | 1h | 1,463.7 | +0.028% | $596K | $1.3M | 25x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,463.1 | −0.014% | $14K | $864K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,465.5 | +0.150% | $18.9M | $52.3M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,462.8 | −0.034% | $174K | $1.9M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,462.2 | −0.075% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,462.6 | −0.054% | $2.5M | $7.0M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,464.9 | +0.107% | $758.9M | $489.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,463.8 | +0.032% | $15.4M | $33.6M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,464.5 | +0.079% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDTshort | +0.0100% | 8h | 1,464.1 | +0.049% | $671.5M | $2.52B | 75x | |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,463.9 | +0.037% | $219.9M | $852.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,464.2 | +0.058% | $103.2M | $56.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,464 | +0.042% | $162.3M | $309.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,463.8 | +0.034% | — | $104.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,459.8 | −0.239% | $509K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,458.9 | −0.303% | $3.0M | $492K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,458.6 | −0.321% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,463 | −0.023% | $344K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,462.9 | −0.031% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,461.4 | −0.130% | $446K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,465.2 | +0.126% | $4K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,463.1 | −0.018% | $222K | $4.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,463 | −0.023% | $2.4M | $24.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,463.5 | +0.014% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,464.6 | +0.086% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,463.2 | −0.013% | $36K | $367K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,463.5 | +0.009% | $843K | $1.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0214% | 1h | 1,464.5 | +0.080% | $2.3M | $4.0M | 15x | as long as short |
| Lighter RH ZEC | +0.0400% | 1h | 1,466 | +0.181% | $2.0M | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,465.4 | +0.141% | $3.7M | $11.7M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,463.8 | +0.032% | $742K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0518% | 1h | 1,463.3 | −0.001% | $40K | $34K | 10x | as long as short |
Perpl ZEC
GMX ZEC/USD [WBTC.b-USDC]
Orderly PERP_ZEC_USDC
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
01 Exchange ZECUSD
Gate ZEC_USDT
Phoenix ZEC
Deribit ZEC_USDC-PERPETUAL
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
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
Aevo ZEC-PERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD