ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.022%

Price spread now: Bullet against gTrade (Gains Network)−0.027%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$286as in the Price arb table

costs, in and out, $10k−$2842.840% of the position

Long on gTrade (Gains Network)Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.081%+$8 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.027%, 7d avg −0.007%

Together, before fees+0.104%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bullet is 0.021% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of −0.007%). If the spread goes back, that is −$2 on $10k: about 18 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ZEC/USD	1,462	L +0.0007% / S −0.0006%	pay 0.0001% / 1h	13m 57s	$5.2M	—	150x
Short	Bullet ZEC-USD	1,461.6	0.0100	get 0.0013% / 1h	13m 57s	$161K	$185K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee BulletbpOrdersPrice spread, now −0.027%Rate

Funding earned: $19.56
Price spread: −0.027% → −0.007%: −$2.06
Slippage, 4 orders: −$266.02
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$266.52
Costs to cover: 2.840%
Break-even: 102.4 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), just now; Bullet: live order book, 45 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), just now	130.04 bp	135.0 bp −$135	426.0 bp −$4,260	4809.2 bp −$480.9K	doesn't fit
Sell Bullet live order book, 45 min ago	1.72 bp	7.2 bp −$7	11.9 bp −$119	doesn't fit	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	−0.3166%	1h	1,445.2	−1.145%	$33K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,460.7	−0.090%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0069%	8h	1,460.4	−0.107%	$29.5M	$71.0M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,459.7	−0.153%	$411K	$38K	5x	as long as short
Perpl ZEC	0.0000%	43m	1,461.5	−0.029%	$84K	$240K	10x	as long as short
gTrade (Gains Network) ZEC/USDlong	L +0.0007% / S −0.0006%	1h	1,462	long leg	$5.2M	—	150x
Orderly PERP_ZEC_USDC	+0.0063%	8h	1,462	0.000%	$292K	$952K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0070% / S −0.0020%	1h	1,461.8	−0.013%	$410K	—	100x	as long as short
01 Exchange ZECUSD	+0.0072%	1h	1,462.1	+0.010%	$8K	$7K	5x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,462.2	+0.013%	$174K	$1.7M	50x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps ZEC-USD	+0.0100%	8h	1,462	+0.005%	$11K	$857K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,461.3	−0.045%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,462.6	+0.043%	$2.8M	$6.7M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,462.9	+0.064%	$760.7M	$432.1M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,462	0.000%	$14.8M	$28.0M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,461.4	−0.042%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,460.9	−0.072%	$671.5M	$2.21B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,459.9	−0.140%	$262.1M	$602.4M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,460.7	−0.087%	$178.6M	$1.23B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,458.4	−0.244%	$396K	$442K	5x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,461.4	−0.037%	$50.7M	$175.0M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,460.8	−0.079%	$216.4M	$774.3M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,460.9	−0.073%	$103.1M	$53.9M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,460.8	−0.079%	$166.2M	$271.1M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,461	−0.065%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,459.3	−0.183%	$47.9M	$32.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,459.6	−0.160%	$568K	$8.6M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,460.7	−0.090%	$3.0M	$437K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,460.8	−0.082%	$405K	$940K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,460.6	−0.094%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,462	+0.002%	$355K	$1.8M	10x	as long as short
Bullet ZEC-USDshort	+0.0100%	1h	1,461.6	−0.027%	$161K	$185K	20x
Derive ZEC-PERP	+0.0100%	1h	1,461.1	−0.062%	$446K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,463.2	+0.084%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,461.9	−0.003%	$234K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,461	−0.067%	$2.7M	$18.4M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,461.5	−0.031%	$3.8M	$5.1M	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,460.6	−0.092%	$882K	$18K	10x	as long as short
Kalshi KXZECPERP	+0.0100%	8h	1,461.8	−0.012%	$1.5M	$4.5M	2.2x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,460.7	−0.088%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,461.8	−0.009%	$47K	$151K	20x	as long as short
Phoenix ZEC	+0.0123%	1h	1,460.1	−0.129%	$4.6M	$1.3M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0142%	1h	1,462.5	+0.037%	$2.4M	$3.8M	15x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0187%	1h	1,462.8	+0.055%	$617K	$1.3M	25x	as long as short
Lighter ZEC	+0.0248%	1h	1,463.1	+0.077%	$19.3M	$46.0M	20x	as long as short
Kraken Futures PF_ZECUSD	+0.0276%	1h	1,461.7	−0.018%	$18.1M	$45.0M	25x	as long as short
Lighter RH ZEC	+0.0360%	1h	1,463.2	+0.082%	$2.1M	$7.0M	10x	as long as short
RISEx ZEC/USDC	+0.0412%	1h	1,461.9	−0.008%	$925K	$1.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,464.1	+0.144%	$3.8M	$9.1M	50x	as long as short
Arcus ZEC-USD	+0.0626%	1h	1,462.4	+0.028%	$682K	$8.3M	10x	as long as short
Aftermath Perps ZECUSD	+0.0680%	1h	1,461.3	−0.043%	$45K	$49K	10x	as long as short