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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0222%/8h= −24.3% APRnext payment $0.28 per $10,000 · paid last 24h −0.030%
Price spread now: gTrade (Gains Network) against RISEx−0.031%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2792.788% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.252%−$25 on $10k
Price spread, last 3 days (all we have)+0.128%+$13 · spread now −0.031%, 7d avg −0.023%
Together, before fees−0.124%−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ZEC/USDC1,474.60.0228pay 0.0029% / 1h47m 18s$843K$1.1M10x
ShortgTrade (Gains Network) ZEC/USD1,474.1L +0.0007% / S −0.0006%get 0.0001% / 1h47m 18s$5.2M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against RISEx. 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
−$46.6
Price spread: −0.031% → −0.023%
−$0.72
Slippage, 4 orders
−$262.75
Fee RISEx: 3 bp × 2 orders
−$6
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$326.07
Costs to cover
2.788%
Break-even
never at this rate
Slippage from RISEx: live order book, 1 min ago; gTrade (Gains Network): virtual book (oracle venue), 2 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 RISEx live order book, 1 min ago1.32 bp4.3 bp −$49.2 bp −$92doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 2 min ago130.05 bp135.1 bp −$135584.7 bp −$5,847doesn'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−0.3321%1h1,476.2+0.109%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0342%1h1,474.2−0.022%$18.0M$43.3M25xas long as short
Ondo Perps ZEC-USD.P−0.0120%1h1,473.4−0.079%$400K$517K5xas long as short
BloFin ZEC-USDT−0.0103%8h1,474.5−0.005%$29.7M$74.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,474.5−0.005%$6K$2K10xas long as short
Variational Omni ZEC−0.0061%8h1,473.2−0.093%$47.9M$34.4Mas long as short
Bybit ZECUSDT−0.0020%8h1,474.2−0.027%$275.3M$643.2M75xas long as short
dYdX ZEC-USD0.0000%1h1,474.3−0.017%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,474.5−0.007%$960K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,473.8−0.052%$84K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDshortL +0.0007% / S −0.0006%1h1,474.1−0.031%$5.2M150x
Orderly PERP_ZEC_USDC+0.0015%8h1,473.9−0.043%$294K$1.4M20xas long as short
OKX ZEC-USDT-SWAP+0.0039%8h1,473.8−0.052%$181.9M$1.32B50xas long as short
01 Exchange ZECUSD+0.0048%1h1,474.1−0.033%$8K$8K5xas long as short
Phoenix ZEC+0.0054%1h1,474.9+0.021%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,473.8−0.055%$379K100xas long as short
Popdex ZECUSDT+0.0096%1h1,473.4−0.083%$174K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,474.1−0.035%$13K$834K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,473.6−0.067%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.3−0.018%$2.6M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,474.6+0.002%$764.7M$459.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,473.8−0.056%$15.0M$32.2M75xas long as short
Pacifica ZEC+0.0100%1h1,474.5−0.008%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,474.5−0.003%$685.2M$2.42B75xas long as short
Arcus ZEC-USD+0.0100%1h1,475.1+0.034%$692K$8.5M10xas long as short
Gate ZEC_USDT+0.0100%8h1,473.8−0.051%$51.5M$178.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,473.4−0.081%$231.4M$822.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473.6−0.066%$105.1M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,474−0.039%$163.8M$297.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,474−0.042%$101.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,474.1−0.033%$574K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.9+0.021%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,475.3+0.050%$431K$859K50xas long as short
StandX ZEC-USD+0.0100%1h1,473.9−0.048%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,473.1−0.100%$334K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,473.3−0.087%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,472.1−0.166%$459K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,476+0.095%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,473.9−0.045%$243K$4.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,473.1−0.102%$2.5M$22.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,475+0.029%$3.9M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.3−0.016%$897K$28K10xas long as short
Extended ZEC-USD+0.0104%1h1,474−0.036%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,473.8−0.049%$82K$190K20xas long as short
Lighter ZEC+0.0112%1h1,476+0.100%$19.2M$50.3M20xas long as short
RISEx ZEC/USDClong+0.0228%1h1,474.6long leg$843K$1.1M10x
Deribit ZEC_USDC-PERPETUAL+0.0247%1h1,474.9+0.022%$615K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,476.5+0.130%$3.8M$10.5M50xas long as short
Backpack ZEC_USDC_PERP+0.0614%1h1,474.7+0.005%$2.5M$3.8M15xas long as short
Lighter RH ZEC+0.0736%1h1,476.6+0.136%$2.0M$8.0M10xas long as short
Aftermath Perps ZECUSD+0.0782%1h1,474.7+0.008%$44K$48K10xas long as short