Funding you earn now, next payment 07:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.026%
Price spread now: gTrade (Gains Network) against Polymarket Perps+0.043%115s7-day average +0.016% · 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—prices read too far apart to compare
costs, in and out, $10k−$2842.841% of the position
Funding, last 3 days (all we have)−0.078%−$8 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now +0.043%, 7d avg +0.016%
=The price spread pays, funding is against you. gTrade (Gains Network) is 0.027% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of +0.016%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 hours. The two prices were read 115 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 | Polymarket Perps ZEC-USD | 1,477.4 | 0.0100 | pay 0.0013% / 1h | 28m 56s | $357K | $1.7M | 10x |
| Short | gTrade (Gains Network) ZEC/USD | 1,478 | L +0.0007% / S −0.0006% | get 0.0001% / 1h | 28m 56s | $5.2M | — | 150x |
Polymarket Perps ZEC-USD
gTrade (Gains Network) ZEC/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Polymarket Perps. 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: +0.043% → +0.016%
- $2.7
- Slippage, 4 orders
- −$266.1
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$301.08
- Costs to cover
- 2.841%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), just now.
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 Polymarket Perps live order book, 5 min ago | 1.69 bp | 8.3 bp −$8 | 10.6 bp −$106 | 30.6 bp −$3,061 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), just now | 130.05 bp | 135.1 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 | 1,462 | −1.040% | $36K | $275K | 12x | as long as short |
| Bulk ZEC-USD | −0.0166% | 1h | 1,477.1 | −0.020% | $892K | $9K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0123% | 8h | 1,477 | −0.024% | $30.5M | $73.8M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,477.3 | −0.008% | $17.9M | $47.2M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,478.4 | +0.066% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,477.7 | +0.019% | $411K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,478.3 | +0.062% | $1.5M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,475.8 | −0.106% | $63K | $303K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDshort | L +0.0007% / S −0.0006% | 1h | 1,478 | +0.043% | $5.2M | — | 150x | |
| Orderly PERP_ZEC_USDC | +0.0077% | 8h | 1,477 | −0.028% | $297K | $1.1M | 20x | as long as short |
Injective ZEC/USDC PERP
Bulk ZEC-USD
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Orderly PERP_ZEC_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,477.6 | +0.012% | $164K | $1.8M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0097% | 1h | 1,477.6 | +0.015% | $47K | $64K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,477.1 | −0.018% | $10K | $869K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,477.8 | +0.025% | $2.7M | $7.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,475.9 | −0.102% | $13.8M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,478.1 | +0.044% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,476.2 | −0.078% | $687.2M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,476 | −0.095% | $263.3M | $632.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,476.1 | −0.091% | $178.9M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,475.2 | −0.149% | $403K | $508K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,476.4 | −0.069% | $54.2M | $182.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,476.3 | −0.074% | $241.1M | $784.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,476.9 | −0.037% | $101.0M | $57.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,476.4 | −0.068% | $158.8M | $288.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,477 | −0.028% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,477.7 | +0.017% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,477.6 | +0.015% | $48.1M | $34.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,477.2 | −0.017% | $565K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,478.3 | +0.064% | $3.0M | $498K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,476.9 | −0.035% | $406K | $935K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,479.1 | +0.114% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USDlong | +0.0100% | 1h | 1,477.4 | long leg | $357K | $1.7M | 10x | |
| Bullet ZEC-USD | +0.0100% | 1h | 1,477.3 | −0.005% | $162K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,473.4 | −0.271% | $450K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,479.7 | +0.153% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,477.1 | −0.022% | $251K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,476.3 | −0.074% | $2.6M | $19.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,477.8 | +0.024% | $3.9M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,477.7 | +0.020% | $61K | $43K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,476.2 | −0.080% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,477 | −0.029% | $42K | $152K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0127% | 1h | 1,477.7 | +0.023% | $675K | $1.4M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,478.5 | +0.072% | $925K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,478.9 | +0.099% | $4.7M | $1.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0143% / S −0.0148% | 1h | 1,478.1 | +0.048% | $479K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0144% | 1h | 1,477.8 | +0.028% | $8K | $7K | 5x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,479.4 | +0.136% | $633K | $8.6M | 10x | as long as short |
| Lighter RH ZEC | +0.0248% | 1h | 1,478.8 | +0.095% | $2.1M | $7.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0251% | 1h | 1,478.3 | +0.061% | $767.2M | $442.3M | 10x | as long as short |
| Lighter ZEC | +0.0312% | 1h | 1,478.8 | +0.094% | $19.4M | $45.8M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,479.6 | +0.150% | $3.6M | $9.9M | 50x | as long as short |
Popdex ZECUSDT
Aftermath Perps ZECUSD
Katana Perps ZEC-USD
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC 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
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Paradex ZEC-USD-PERP
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
Arcus ZEC-USD
Lighter RH ZEC
Hyperliquid ZEC
Lighter ZEC
Coinbase International ZEC-PERP-INTX