ZEC

Alert

Funding spread now, next payment 15:00 UTC+0.0196%/8h

next payment, per $10,000+$0.25paid, last 24h−0.003%paid, last 3 days−0.030%to open and closeno order book

Long on gTrade (Gains Network)Short on GMX

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.030% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ZEC/USD	1,524.7	L +0.0007% / S −0.0006%	pay 0.0001% / 1h	27m 58s	$5.4M	—	150x
Short	GMX ZEC/USD [WBTC.b-USDC]	1,524.7	L +0.0189% / S −0.0203%	get 0.0025% / 1h	27m 58s	$358K	—	100x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee GMXbpOrdersRate

Funding earned: $41.16
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $19.16
Break-even: 3.7 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 3 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: 0.000%
Avg gap 7d: +0.027%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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), 3 min ago	130.03 bp	135.0 bp −$135	426.0 bp −$4,260	4809.1 bp −$480.9K	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZEC on 49 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni ZECUSDT	−0.0377%	1h	$1.0M	$349K	50x	as long as short
Injective ZEC/USDC PERP	−0.0250%	1h	$35K	$72K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	$6K	$2K	10x	as long as short
Bitget ZECUSDT	−0.0062%	8h	$170.9M	$319.0M	75x	as long as short
Aster ZECUSDT	−0.0031%	8h	$14.6M	$36.1M	75x	as long as short
Phoenix ZEC	−0.0016%	1h	$5.0M	$1.4M	10x	as long as short
Orderly PERP_ZEC_USDC	−0.0014%	8h	$282K	$1.7M	20x	as long as short
OKX ZEC-USDT-SWAP	−0.0013%	8h	$191.8M	$1.66B	50x	as long as short
Binance ZECUSDT	−0.0004%	8h	$714.3M	$2.81B	75x	as long as short
MEXC ZEC_USDT	−0.0004%	8h	$213.5M	$985.1M	150x	as long as short

Show all 49 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kalshi KXZECPERP	0.0000%	8h	$1.1M	$6.0M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	$42K	$427K	10x	as long as short
gTrade (Gains Network) ZEC/USDlong	L +0.0007% / S −0.0006%	1h	$5.4M	—	150x
dYdX ZEC-USD	+0.0009%	1h	$428K	$119K	5x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0012%	1h	$579K	$723K	25x	as long as short
Polymarket Perps ZEC-USD	+0.0019%	1h	$381K	$3.6M	10x	as long as short
Kraken Futures PF_ZECUSD	+0.0025%	1h	$19.2M	$42.4M	25x	as long as short
Gate ZEC_USDT	+0.0027%	8h	$52.8M	$217.1M	75x	as long as short
Bullet ZEC-USD	+0.0052%	1h	$53K	$115K	20x	as long as short
RISEx ZEC/USDC	+0.0060%	1h	$884K	$2.8M	10x	as long as short
BingX ZEC-USDT	+0.0078%	8h	—	$110.4M	—	as long as short
Aevo ZEC-PERP	+0.0080%	1h	$46K	$357K	20x	as long as short
Bybit ZECUSDT	+0.0082%	8h	$305.9M	$737.7M	75x	as long as short
Katana Perps ZEC-USD	+0.0093%	8h	$17K	$1.2M	10x	as long as short
Lighter ZEC	+0.0096%	1h	$20.6M	$58.3M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	$1.7M	$7.8M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	$193K	$2.2M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0098%	8h	$63K	$38K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	$3.2M	$7.7M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	$830.3M	$659.6M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	$1.7M	$3.9M	10x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	$318K	$688K	5x	as long as short
Arcus ZEC-USD	+0.0100%	1h	$608K	$5.2M	10x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	$105.2M	$70.0M	75x	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	$2.2M	$3.2M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	$50.0M	$33.1M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	$513K	$10.6M	20x	as long as short
StandX ZEC-USD	+0.0100%	1h	$67K	$2.1M	30x	as long as short
Derive ZEC-PERP	+0.0100%	1h	$498K	$223K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	$228K	$5.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	$2.7M	$31.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	$3.9M	$6.3M	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	$924K	$45K	10x	as long as short
BloFin ZEC-USDT	+0.0116%	8h	$31.9M	$78.6M	75x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0144%	1h	$3.8M	$13.6M	50x	as long as short
GMX ZEC/USD [WBTC.b-USDC]short	L +0.0189% / S −0.0203%	1h	$358K	—	100x
Extended ZEC-USD	+0.0192%	1h	$3.4M	$4.5M	10x	as long as short
Aftermath Perps ZECUSD	+0.0445%	1h	$41K	$19K	10x	as long as short