Funding you earn now, next payment 05:00 UTC−0.0080%/8h= −8.7% APRnext payment −$0.10 per $10,000 · paid last 24h −0.030%
Price spread now: gTrade (Gains Network) against GMX+0.132%59s7-day average −0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.132%, 7d avg −0.021%
=The price spread pays, funding is against you. gTrade (Gains Network) is 0.153% dearer against GMX than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of −0.021%): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.4 days. At the pace of the last 3 days (−0.024% in total) that is about 21 days. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ZEC/USD [WBTC.b-USDC] | 1,458.6 | L +0.0086% / S −0.0037% | pay 0.0011% / 1h | 18m 27s | $435K | — | 100x |
| Short | gTrade (Gains Network) ZEC/USD | 1,460.5 | L +0.0007% / S −0.0006% | get 0.0001% / 1h | 18m 27s | $5.2M | — | 150x |
GMX ZEC/USD [WBTC.b-USDC]
gTrade (Gains Network) ZEC/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$16.71
- Price spread: +0.132% → −0.021%
- $15.3
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$23.41
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 1 min ago. Net counts fees only.
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 gTrade (Gains Network) virtual book (oracle venue), 1 min ago | 130.04 bp | 135.0 bp −$135 | 584.7 bp −$5,847 | 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 51 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3042% | 1h | 1,460.5 | +0.134% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,461 | +0.162% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0070% | 8h | 1,460.7 | +0.144% | $29.5M | $70.7M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,460.9 | +0.158% | $406K | $41K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,460.4 | +0.125% | $83K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDshort | L +0.0007% / S −0.0006% | 1h | 1,460.5 | +0.132% | $5.2M | — | 150x | |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,458.8 | +0.013% | $292K | $922K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC]long | L +0.0086% / S −0.0037% | 1h | 1,458.6 | long leg | $435K | — | 100x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,460.4 | +0.126% | $174K | $1.6M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,460.9 | +0.158% | $14K | $810K | 10x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Perpl ZEC
Orderly PERP_ZEC_USDC
Popdex ZECUSDT
Katana Perps ZEC-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,460.9 | +0.158% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,461.2 | +0.181% | $2.8M | $6.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,460.3 | +0.114% | $14.5M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,461.5 | +0.200% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,460.4 | +0.124% | $671.9M | $2.18B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,459.8 | +0.080% | $261.3M | $589.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,460.8 | +0.153% | $179.1M | $1.21B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,458.4 | −0.013% | $396K | $435K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.9 | −0.048% | $881K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,460.2 | +0.112% | $51.8M | $172.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,461 | +0.167% | $219.1M | $771.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,460.2 | +0.107% | $103.0M | $53.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,461 | +0.167% | $165.7M | $268.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,459.6 | +0.069% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,459.8 | +0.081% | $47.8M | $32.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,459.6 | +0.072% | $568K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,461.4 | +0.192% | $3.0M | $463K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,460.7 | +0.142% | $403K | $943K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,459.3 | +0.046% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,461 | +0.165% | $355K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,460.9 | +0.160% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,457.8 | −0.053% | $445K | $504K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,461.7 | +0.215% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,460.1 | +0.101% | $234K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,458.6 | 0.000% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,460.7 | +0.145% | $3.8M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,460.5 | +0.131% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,458.8 | +0.011% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,461.1 | +0.174% | $4.6M | $1.3M | 10x | as long as short |
| Lighter RH ZEC | +0.0120% | 1h | 1,462.3 | +0.256% | $2.1M | $7.0M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,461 | +0.162% | $8K | $7K | 5x | as long as short |
| Hyperliquid ZEC | +0.0144% | 1h | 1,462.5 | +0.268% | $762.0M | $424.6M | 10x | as long as short |
| Lighter ZEC | +0.0152% | 1h | 1,462.4 | +0.260% | $19.4M | $45.3M | 20x | as long as short |
| Kalshi KXZECPERP | +0.0197% | 8h | 1,460.3 | +0.116% | $1.5M | $4.4M | 2.2x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,460.7 | +0.148% | $924K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0232% | 1h | 1,461.4 | +0.193% | $2.4M | $3.8M | 15x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0238% | 1h | 1,459.7 | +0.079% | $614K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0332% | 1h | 1,460.3 | +0.114% | $18.1M | $45.2M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,462 | +0.234% | $686K | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,462 | +0.236% | $3.8M | $9.2M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0676% | 1h | 1,459.6 | +0.067% | $45K | $49K | 10x | as long as short |
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
Lighter RH ZEC
01 Exchange ZECUSD
Hyperliquid ZEC
Lighter ZEC
Kalshi KXZECPERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD