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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: StandX against gTrade (Gains Network)−0.086%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$296as in the Price arb table
costs, in and out, $10k−$2862.864% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.093%+$9 on $10k
Price spread, last 7 days+0.042%+$4 · spread now −0.086%, 7d avg +0.012%
Together, before fees+0.135%+ Points / potential airdropStandX: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. StandX is 0.098% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of +0.012%). If the spread goes back, that is −$10 on $10k: about 3.5 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,460.5L +0.0007% / S −0.0006%pay 0.0001% / 1h18m 00s$5.2M150x
ShortStandX ZEC-USD1,459.30.0100get 0.0013% / 1h18m 00s$49K$4.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$19.56
Price spread: −0.086% → +0.012%
−$9.81
Slippage, 4 orders
−$268.37
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$276.62
Costs to cover
2.864%
Break-even
106.0 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; StandX: live order book, 1 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 ago130.04 bp135.0 bp −$135426.0 bp −$4,2604809.1 bp −$480.9Kdoesn't fit
Sell StandX live order book, 1 min ago3.73 bp8.4 bp −$812.4 bp −$124doesn'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−0.3042%1h1,460.5+0.001%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,461+0.030%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,460.7+0.012%$29.5M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,460.9+0.025%$406K$41K5xas long as short
Perpl ZEC0.0000%43m1,460.4−0.007%$83K$239K10xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,460.5long leg$5.2M150x
Orderly PERP_ZEC_USDC+0.0063%8h1,460−0.039%$292K$916K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0086% / S −0.0037%1h1,460.8+0.019%$435K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0093%1h1,460.8+0.020%$615K$1.3M25xas long as short
Popdex ZECUSDT+0.0096%1h1,460.4−0.006%$174K$1.6M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,460.9+0.025%$14K$810K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,460.9+0.026%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,461.2+0.049%$2.8M$6.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,460.5−0.002%$14.5M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,461.5+0.068%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,460.4−0.010%$671.8M$2.18B75xas long as short
Bybit ZECUSDT+0.0100%8h1,459.7−0.057%$261.3M$589.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,460.4−0.008%$179.1M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458.4−0.145%$396K$435K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.9−0.180%$881K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,460.9+0.025%$51.8M$172.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,460.7+0.010%$219.1M$771.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.7+0.014%$103.1M$53.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,461.1+0.042%$165.7M$268.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,460.1−0.028%$106.6Mas long as short
Variational Omni ZEC+0.0100%8h1,459.8−0.051%$47.8M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,459.6−0.060%$568K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,461.4+0.060%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,460.7+0.010%$403K$943K50xas long as short
StandX ZEC-USDshort+0.0100%1h1,459.3−0.086%$49K$4.7M30x
Polymarket Perps ZEC-USD+0.0100%1h1,461+0.033%$355K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,460.9+0.027%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,459.1−0.099%$445K$504K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,463.2+0.180%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,460.2−0.025%$234K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,458.6−0.132%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,460.6+0.002%$3.8M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,460.8+0.020%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,459.6−0.061%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,461.1+0.042%$4.6M$1.3M10xas long as short
Lighter RH ZEC+0.0120%1h1,462.1+0.109%$2.1M$7.0M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,461+0.029%$8K$7K5xas long as short
Hyperliquid ZEC+0.0143%1h1,462.2+0.115%$761.8M$424.6M10xas long as short
Lighter ZEC+0.0152%1h1,462+0.100%$19.4M$45.3M20xas long as short
Kalshi KXZECPERP+0.0197%8h1,461.4+0.059%$1.5M$4.4M2.2xas long as short
RISEx ZEC/USDC+0.0216%1h1,460.7+0.015%$924K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0242%1h1,461.3+0.052%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0332%1h1,460.3−0.014%$18.1M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,462+0.101%$686K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,463.1+0.179%$3.8M$9.2M50xas long as short
Aftermath Perps ZECUSD+0.0676%1h1,459.6−0.066%$45K$49K10xas long as short