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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0221%/8h= +24.2% APRnext payment +$0.28 per $10,000 · paid last 24h +0.030%
Price spread now: RISEx against gTrade (Gains Network)−0.068%47s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2792.794% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.251%+$25 on $10k
Price spread, last 3 days (all we have)−0.029%−$3 · spread now −0.068%, 7d avg +0.023%
Together, before fees+0.222%+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.092% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.023%). If the spread goes back, that is −$9 on $10k: about 33 hours of funding at the current rate (+$7 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,468.8L +0.0007% / S −0.0006%pay 0.0001% / 1h23m 40s$5.2M150x
ShortRISEx ZEC/USDC1,467.80.0228get 0.0029% / 1h23m 40s$852K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$46.48
Price spread: −0.068% → +0.023%
−$9.18
Slippage, 4 orders
−$263.36
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$242.06
Costs to cover
2.794%
Break-even
43.5 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), just now; RISEx: live order book, 5 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), just now130.05 bp135.1 bp −$135426.0 bp −$4,2604809.1 bp −$480.9Kdoesn't fit
Sell RISEx live order book, 5 min ago1.63 bp4.6 bp −$510.6 bp −$106doesn't fitdoesn'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−0.3321%1h1,455.4−0.910%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,468.5−0.017%$17.8M$43.0M25xas long as short
BloFin ZEC-USDT−0.0110%8h1,468.1−0.044%$29.7M$72.9M75xas long as short
Ondo Perps ZEC-USD.P−0.0108%1h1,466.9−0.127%$399K$517K5xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,468.1−0.048%$6K$2K10xas long as short
Variational Omni ZEC−0.0047%8h1,468.5−0.018%$47.6M$33.8Mas long as short
dYdX ZEC-USD0.0000%1h1,467.9−0.061%$413K$103K5xas long as short
Kalshi KXZECPERP0.0000%8h1,469.6+0.059%$958K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,468−0.054%$83K$405K10xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,468.8long leg$5.2M150x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0008%1h1,466.5−0.156%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,468.7−0.004%$293K$1.1M20xas long as short
Bybit ZECUSDT+0.0022%8h1,467.5−0.088%$273.6M$633.5M75xas long as short
OKX ZEC-USDT-SWAP+0.0053%8h1,467.1−0.112%$181.7M$1.30B50xas long as short
Phoenix ZEC+0.0054%1h1,470.2+0.098%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0010%1h1,468.7−0.001%$377K100xas long as short
Popdex ZECUSDT+0.0096%1h1,468.8+0.005%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,467.1−0.116%$20K$838K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,467.7−0.070%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,468.8+0.004%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.4−0.022%$761.4M$451.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,467.7−0.075%$14.9M$31.7M75xas long as short
Pacifica ZEC+0.0100%1h1,467.6−0.082%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,467.8−0.063%$683.8M$2.37B75xas long as short
Arcus ZEC-USD+0.0100%1h1,469.3+0.037%$702K$8.5M10xas long as short
Gate ZEC_USDT+0.0100%8h1,467.3−0.101%$50.7M$179.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.8−0.063%$230.9M$827.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.2−0.110%$104.4M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.5−0.083%$163.3M$292.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,467.8−0.065%$100.1Mas long as short
edgeX ZECUSDC+0.0100%4h1,470+0.082%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,469.2+0.028%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470+0.081%$430K$869K50xas long as short
StandX ZEC-USD+0.0100%1h1,468.7−0.002%$110K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.7−0.004%$340K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,468.5−0.017%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,467−0.118%$457K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,471+0.155%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,468.1−0.043%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468.5−0.019%$2.5M$21.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.7−0.005%$3.8M$5.3M50xas long as short
Bulk ZEC-USD+0.0100%1h1,471.7+0.200%$895K$24K10xas long as short
Extended ZEC-USD+0.0104%1h1,467.3−0.096%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,468.6−0.011%$54K$168K20xas long as short
Lighter ZEC+0.0208%1h1,468.8+0.004%$19.2M$50.4M20xas long as short
RISEx ZEC/USDCshort+0.0228%1h1,467.8−0.068%$852K$1.1M10x
Deribit ZEC_USDC-PERPETUAL+0.0268%1h1,469.6+0.059%$604K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,470.8+0.139%$3.7M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0532%1h1,468.7−0.002%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0765%1h1,469.8+0.074%$43K$46K10xas long as short
Lighter RH ZEC+0.0784%1h1,469.6+0.057%$2.0M$8.1M10xas long as short