Funding you earn now, next payment 07:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.018%
Price spread now: gTrade (Gains Network) against MEXC+0.003%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2702.702% of the position
Funding, last 3 days (all we have)−0.057%−$6 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now +0.003%, 7d avg −0.004%
=The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEC_USDT | 1,484.7 | 0.0100 | pay 0.0100% / 8h | 1h 41m | $239.2M | $778.3M | 150x |
| Short | gTrade (Gains Network) ZEC/USD | 1,484.8 | L +0.0007% / S −0.0006% | get 0.0001% / 1h | 41m 33s | $5.3M | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against MEXC. 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
- −$19.67
- Price spread: +0.003% → −0.004%
- $0.75
- Slippage, 4 orders
- −$260.24
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$289.16
- Costs to cover
- 2.702%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 3 min ago.
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 MEXC live order book, 3 min ago | 0.03 bp | 0.2 bp $0 | 0.4 bp −$4 | 17.0 bp −$1,698 | 63.1 bp −$31.5K |
| Sell gTrade (Gains Network) virtual book (oracle venue), 3 min ago | 130.02 bp | 135.0 bp −$135 | 584.7 bp −$5,847 | doesn't fit | doesn't fit |
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 | −0.3684% | 1h | 1,484.2 | −0.038% | $34K | $273K | 12x | as long as short |
| Bulk ZEC-USD | −0.0118% | 1h | 1,480.8 | −0.264% | $895K | $15K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0116% | 8h | 1,481.3 | −0.232% | $30.7M | $73.6M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,483.2 | −0.100% | $18.0M | $46.5M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,483 | −0.116% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,482.9 | −0.125% | $412K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,482.6 | −0.143% | $1.6M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,484.2 | −0.035% | $61K | $297K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDshort | L +0.0007% / S −0.0006% | 1h | 1,484.8 | +0.003% | $5.3M | — | 150x | |
| Orderly PERP_ZEC_USDC | +0.0074% | 8h | 1,483 | −0.119% | $298K | $1.1M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,484.7 | −0.004% | $159K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,482.7 | −0.140% | $2.8M | $6.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,484.3 | −0.031% | $13.9M | $30.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,484.4 | −0.021% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,484.8 | +0.001% | $691.2M | $2.29B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,484.5 | −0.014% | $269.9M | $625.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,484.4 | −0.026% | $179.6M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,484.2 | −0.036% | $405K | $505K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,484.7 | −0.003% | $54.3M | $181.1M | 75x | as long as short |
| MEXC ZEC_USDTlong | +0.0100% | 8h | 1,484.7 | long leg | $239.2M | $778.3M | 150x | |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,484.8 | +0.003% | $101.9M | $57.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,484.7 | 0.000% | $160.1M | $288.1M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,483.5 | −0.082% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,484.1 | −0.040% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,484.4 | −0.025% | $48.5M | $33.9M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,484.8 | +0.002% | $568K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,481.4 | −0.225% | $3.0M | $488K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,486.5 | +0.118% | $411K | $933K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,483 | −0.119% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,484.1 | −0.043% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,484.6 | −0.007% | $163K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,482.1 | −0.178% | $452K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,485.2 | +0.034% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,483.4 | −0.091% | $253K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,481 | −0.252% | $2.6M | $19.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,483.4 | −0.092% | $4.0M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,484.6 | −0.012% | $61K | $43K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,484.4 | −0.026% | $11K | $862K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,484.4 | −0.022% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,482.9 | −0.123% | $42K | $152K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0125% / S −0.0114% | 1h | 1,482.9 | −0.123% | $430K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0128% | 1h | 1,485.2 | +0.032% | $8K | $7K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,485 | +0.019% | $929K | $1.2M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,485.3 | +0.036% | $4.7M | $1.4M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0165% | 1h | 1,484.1 | −0.045% | $47K | $64K | 10x | as long as short |
| Hyperliquid ZEC | +0.0202% | 1h | 1,486 | +0.085% | $772.1M | $441.5M | 10x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,486.6 | +0.123% | $628K | $8.6M | 10x | as long as short |
| Lighter ZEC | +0.0280% | 1h | 1,485.8 | +0.074% | $19.4M | $45.6M | 20x | as long as short |
| Lighter RH ZEC | +0.0280% | 1h | 1,485.9 | +0.079% | $2.1M | $7.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0288% | 1h | 1,483.9 | −0.057% | $706K | $1.4M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,483.5 | −0.081% | $3.6M | $9.9M | 50x | as long as short |
MEXC ZEC_USDT
gTrade (Gains Network) ZEC/USD
Injective ZEC/USDC PERP
Bulk ZEC-USD
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Kalshi KXZECPERP
Popdex ZECUSDT
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
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
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Extended ZEC-USD
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
RISEx ZEC/USDC
Phoenix ZEC
Aftermath Perps ZECUSD
Hyperliquid ZEC
Lighter ZEC
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX