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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0147%/8h= +16.1% APRnext payment +$1.47 per $10,000 · paid last 24h +0.063%
Price spread now: Gate against BloFin+0.066%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.119%+$12 on $10k
Price spread, last 3 days (all we have)−0.290%−$29 · spread now +0.066%, 7d avg −0.018%
Together, before fees−0.171%−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.084% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,472.2−0.0102get 0.0102% / 8h27m 02s$29.8M$75.2M75x
ShortGate ZEC_USDT1,473.20.0045get 0.0045% / 8h27m 02s$50.9M$186.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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
$30.9
Price spread: +0.066% → −0.018%
$8.37
Slippage, 4 orders
−$5.67
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$6.6
Costs to cover
0.327%
Break-even
5.5 days
Slippage from BloFin: live order book, 7 min ago; Gate: live order book, 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 BloFin live order book, 7 min ago0.10 bp6.1 bp −$66.3 bp −$63doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago0.37 bp10.9 bp −$1115.8 bp −$15828.7 bp −$2,87053.4 bp −$26.7K

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−0.3089%1h1,471.6−0.041%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0260%1h1,468.3−0.264%$399K$515K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,471.5−0.048%$17.9M$44.3M25xas long as short
Bybit ZECUSDT−0.0114%8h1,472.4+0.012%$275.3M$653.2M75xas long as short
BloFin ZEC-USDTlong−0.0102%8h1,472.2long leg$29.8M$75.2M75x
Hotstuff ZEC-PERP−0.0080%1h1,469−0.216%$6K$2K10xas long as short
Variational Omni ZEC−0.0057%8h1,468.8−0.231%$46.8M$33.8Mas long as short
ApeX Omni ZECUSDT−0.0006%1h1,470.3−0.131%$431K$842K50xas long as short
dYdX ZEC-USD0.0000%1h1,469.8−0.165%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,470.1−0.139%$903K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,468.6−0.242%$83K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.5−0.045%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0012%8h1,471.3−0.059%$295K$1.4M20xas long as short
01 Exchange ZECUSD+0.0016%1h1,469.8−0.164%$8K$8K5xas long as short
Phoenix ZEC+0.0024%1h1,470.8−0.095%$4.6M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0038%8h1,473+0.054%$181.1M$1.34B50xas long as short
Gate ZEC_USDTshort+0.0045%8h1,473.2+0.066%$50.9M$186.6M75x
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,471−0.082%$372K100xas long as short
Lighter ZEC+0.0096%1h1,473.5+0.091%$19.2M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,469.7−0.169%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,468.8−0.232%$13K$836K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468.6−0.243%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,469.4−0.187%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.7+0.103%$764.1M$474.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.4+0.017%$15.0M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,469.1−0.209%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,473.2+0.071%$685.3M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,470.6−0.109%$704K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,469.8−0.165%$894K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.4+0.014%$231.1M$838.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.6+0.027%$103.7M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,473.1+0.065%$163.3M$301.4M75xas long as short
BingX ZEC-USDC+0.0100%8h1,471.5−0.050%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.6−0.109%$513K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.2−0.138%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,470.7−0.104%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470.2−0.135%$344K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,470.5−0.112%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.7−0.167%$448K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.8+0.040%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.2−0.066%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471−0.081%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.5+0.023%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,473.3+0.079%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.2−0.070%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,469.6−0.173%$824K$1.2M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0273%1h1,472.4+0.015%$614K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0413%1h1,473.6+0.094%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,473.5+0.090%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0464%1h1,473.8+0.111%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0714%1h1,472.1−0.007%$46K$47K10xas long as short