ZEC

Alert

Funding spread now, next payment 19:00 UTC+0.0133%/8h

next payment, per $10,000+$0.17paid, last 24h+0.010%paid, last 3 days−0.225%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ZEC/USD [WBTC.b-USDC]	1,480.1	L +0.0095% / S +0.0015%	pay 0.0012% / 1h	40m 10s	$580K	—	100x
Short	Backpack ZEC_USDC_PERP	1,479.8	0.0228	get 0.0028% / 1h	40m 10s	$2.3M	$3.8M	15x

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee BackpackbpOrdersRate

Funding earned: $27.87
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Backpack: 5 bp × 2 orders: −$10
Net: $5.87
Break-even: 5.5 days

Slippage unknown: GMX: no order-book sample; Backpack: live order book, just now. Net counts fees only.

Price risk

price view

Price gap now: −0.021%
Avg gap 7d: −0.035%

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 GMX no order-book sample	—	—	—	—	—
Sell Backpack live order book, just now	0.03 bp	7.8 bp −$8	17.8 bp −$178	doesn't fit	doesn't fit

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 50 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3658%	1h	$34K	$13K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0791%	1h	$18.1M	$48.1M	25x	as long as short
Bybit ZECUSDT	−0.0238%	8h	$276.5M	$779.6M	75x	as long as short
ApeX Omni ZECUSDT	−0.0132%	1h	$967K	$463K	50x	as long as short
Variational Omni ZEC	−0.0130%	8h	$47.9M	$32.6M	—	as long as short
BloFin ZEC-USDT	−0.0113%	8h	$30.5M	$82.8M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	$6K	$2K	10x	as long as short
Gate ZEC_USDT	−0.0075%	8h	$51.0M	$210.2M	75x	as long as short
Ondo Perps ZEC-USD.P	−0.0046%	1h	$403K	$748K	5x	as long as short
Aster ZECUSDT	−0.0026%	8h	$14.8M	$38.2M	75x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_ZEC_USDC	−0.0018%	8h	$288K	$1.8M	20x	as long as short
OKX ZEC-USDT-SWAP	−0.0013%	8h	$177.3M	$1.61B	50x	as long as short
Phoenix ZEC	−0.0004%	1h	$4.7M	$1.7M	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	$417K	$108K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	$990K	$6.5M	2.2x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	$579K	$1.4M	25x	as long as short
Binance ZECUSDT	+0.0006%	8h	$676.3M	$2.89B	75x	as long as short
MEXC ZEC_USDT	+0.0006%	8h	$221.2M	$990.3M	150x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	$5.3M	—	150x	as long as short
01 Exchange ZECUSD	+0.0008%	1h	$9K	$11K	5x	as long as short
RISEx ZEC/USDC	+0.0072%	1h	$849K	$2.7M	10x	as long as short
Katana Perps ZEC-USD	+0.0075%	8h	$16K	$956K	10x	as long as short
BingX ZEC-USDC	+0.0076%	8h	—	$6.9M	—	as long as short
Bitget ZECUSDT	+0.0080%	8h	$168.5M	$350.2M	75x	as long as short
Aevo ZEC-PERP	+0.0080%	1h	$39K	$366K	20x	as long as short
Polymarket Perps ZEC-USD	+0.0091%	1h	$302K	$3.1M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]long	L +0.0095% / S +0.0015%	1h	$580K	—	100x
Paradex ZEC-USD-PERP	+0.0095%	8h	$61K	$38K	10x	as long as short
SoDEX ZEC-USD	+0.0096%	1h	$225K	$5.6M	10x	as long as short
Lighter ZEC	+0.0096%	1h	$19.2M	$62.0M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	$174K	$2.3M	50x	as long as short
Nado ZEC-PERP	+0.0100%	1h	$3.0M	$7.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	$779.5M	$660.1M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	$1.7M	$3.6M	10x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	$103.7M	$68.8M	75x	as long as short
edgeX ZECUSDC	+0.0100%	4h	$500K	$10.6M	20x	as long as short
StandX ZEC-USD	+0.0100%	1h	$112K	$4.2M	30x	as long as short
Bullet ZEC-USD	+0.0100%	1h	$129K	$166K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	$450K	$528K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	$3K	$1.4M	20x	as long as short
HTX ZEC-USDT	+0.0100%	8h	$2.5M	$31.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	$3.8M	$6.7M	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	$915K	$47K	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	$3.3M	$4.9M	10x	as long as short
Perpl ZEC	+0.0112%	43m	$77K	$415K	10x	as long as short
Backpack ZEC_USDC_PERPshort	+0.0228%	1h	$2.3M	$3.8M	15x
Arcus ZEC-USD	+0.0231%	1h	$712K	$7.1M	10x	as long as short
Lighter RH ZEC	+0.0256%	1h	$1.8M	$7.9M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0360%	1h	$3.9M	$13.4M	50x	as long as short
Aftermath Perps ZECUSD	+0.0449%	1h	$39K	$34K	10x	as long as short