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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment $0.01 per $10,000 · paid last 24h −0.002%
Price spread now: dYdX against gTrade (Gains Network)−0.075%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$361as in the Price arb table
costs, in and out, $10k−$3543.541% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.085%+$8 on $10k
Price spread, last 4 days (all we have)+0.293%+$29 · spread now −0.075%, 7d avg −0.009%
Together, before fees+0.378%+$38 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: dYdX is 0.066% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,491.5L +0.0007% / S −0.0006%pay 0.0001% / 1h58m 19s$5.3M150x
ShortdYdX ZEC-USD1,490.40get 0.0000% / 1h58m 19s$414K$35K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$1.44
Price spread: −0.075% → −0.009%
−$6.6
Slippage, 4 orders
−$334.08
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$362.13
Costs to cover
3.541%
Break-even
never at this rate
Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; dYdX: live order book, 46 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), 1 min ago130.03 bp135.0 bp −$135425.9 bp −$4,2594809.1 bp −$480.9Kdoesn't fit
Sell dYdX live order book, 46 min ago36.73 bp42.3 bp −$4261.2 bp −$612124.5 bp −$12.4K137.9 bp −$69.0K

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−0.3442%1h1,481−0.705%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,490.4−0.075%$61K$304K10xas long as short
BloFin ZEC-USDT−0.0144%8h1,491.3−0.016%$30.8M$75.0M75xas long as short
Ondo Perps ZEC-USD.P−0.0085%1h1,490.3−0.080%$407K$552K5xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,489.3−0.148%$6K$1K10xas long as short
Aftermath Perps ZECUSD−0.0018%1h1,492.6+0.072%$48K$64K10xas long as short
dYdX ZEC-USDshort0.0000%1h1,490.4−0.075%$414K$35K5x
Kalshi KXZECPERP0.0000%8h1,491.3−0.017%$1.5M$4.7M2.2xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,491.5long leg$5.3M150x
Kraken Futures PF_ZECUSD+0.0012%1h1,491.1−0.027%$18.1M$46.5M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL+0.0029%1h1,491.8+0.022%$681K$1.4M25xas long as short
01 Exchange ZECUSD+0.0080%1h1,492.5+0.066%$8K$7K5xas long as short
Orderly PERP_ZEC_USDC+0.0081%8h1,490.8−0.046%$300K$1.1M20xas long as short
Bulk ZEC-USD+0.0085%1h1,492.9+0.095%$902K$7K10xas long as short
Popdex ZECUSDT+0.0096%1h1,492.4+0.059%$171K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,492.2+0.050%$12K$879K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,491.8+0.017%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,492.5+0.066%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,492.3+0.054%$779.0M$447.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,491.4−0.004%$13.9M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,490.8−0.048%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,491.6+0.010%$695.6M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,490.7−0.057%$267.3M$629.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,491.2−0.017%$181.6M$1.34B50xas long as short
Gate ZEC_USDT+0.0100%8h1,491.6+0.005%$55.1M$181.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,491.8+0.017%$242.9M$784.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,491.4−0.007%$102.7M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,491.3−0.013%$160.6M$290.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,491.6+0.007%$118.0Mas long as short
Variational Omni ZEC+0.0100%8h1,489.9−0.107%$48.8M$34.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,491.9+0.028%$571K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,490−0.101%$3.1M$499K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,491.8+0.021%$411K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,491.4−0.009%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,491.7+0.013%$357K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,491.6+0.007%$164K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,493.1+0.105%$456K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,493.9+0.160%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,490.6−0.060%$254K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,491−0.032%$2.7M$20.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,491.9+0.028%$4.0M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,491.1−0.029%$2.7M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,491.1−0.030%$43K$151K20xas long as short
RISEx ZEC/USDC+0.0128%1h1,492.2+0.047%$940K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,490.5−0.068%$4.8M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0139% / S −0.0136%1h1,491.5−0.002%$392K100xas long as short
Lighter RH ZEC+0.0192%1h1,491.6+0.004%$2.1M$7.3M10xas long as short
Lighter ZEC+0.0264%1h1,491.9+0.024%$19.6M$44.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0398%1h1,492.2+0.049%$2.3M$3.9M15xas long as short
Arcus ZEC-USD+0.0403%1h1,493+0.102%$621K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,492.2+0.049%$3.7M$10.1M50xas long as short