ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.001%

Price spread now: gTrade (Gains Network) against Bulk−0.161%7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$297as in the Price arb table

costs, in and out, $10k−$2772.771% of the position

Long on Bulk Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.039%−$4 on $10k

Price spread, last 4 days (all we have)+0.839%+$84 · spread now −0.161%, 7d avg +0.033%

Together, before fees+0.800%+$80 on $10k · with fees, hour by hour

Funding pays, the price is against you. gTrade (Gains Network) is 0.195% cheaper against Bulk than usual: you would sell low and buy high (spread −0.161% now, against its 7-day average of +0.033%). If the spread goes back, that is −$19 on $10k: about 6.2 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk ZEC-USD	1,506.5	−0.0098	get 0.0012% / 1h	32m 07s	$775K	$147K	10x
Short	gTrade (Gains Network) ZEC/USD	1,504.1	L +0.0007% / S −0.0006%	get 0.0001% / 1h	32m 07s	$5.4M	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bulk. 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

Position, each leg$Hold fordaysFee BulkbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.161%Rate

Funding earned: $21.89
Price spread: −0.161% → +0.033%: −$19.5
Slippage, 4 orders: −$260.14
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$274.74
Costs to cover: 2.771%
Break-even: 94.8 days

Slippage from Bulk: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bulk live order book, 2 min ago	0.03 bp	3.5 bp −$4	3.8 bp −$38	4.4 bp −$438	5.5 bp −$2,742
Sell gTrade (Gains Network) virtual book (oracle venue), 2 min ago	130.04 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	−0.3702%	1h	1,491.4	−1.003%	$36K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,502.9	−0.242%	$62K	$305K	10x	as long as short
Aftermath Perps ZECUSD	−0.0203%	1h	1,507	+0.033%	$48K	$58K	10x	as long as short
BloFin ZEC-USDT	−0.0155%	8h	1,505.7	−0.053%	$31.8M	$76.5M	75x	as long as short
Bulk ZEC-USDlong	−0.0098%	1h	1,506.5	long leg	$775K	$147K	10x
Hotstuff ZEC-PERP	−0.0080%	1h	1,505.9	−0.044%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,506.1	−0.027%	$418K	$34K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,505.7	−0.058%	$1.6M	$5.0M	2.2x	as long as short
gTrade (Gains Network) ZEC/USDshort	L +0.0007% / S −0.0006%	1h	1,504.1	−0.161%	$5.4M	—	150x
Kraken Futures PF_ZECUSD	+0.0019%	1h	1,504.3	−0.151%	$18.3M	$48.0M	25x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange ZECUSD	+0.0032%	1h	1,505.9	−0.039%	$8K	$6K	5x	as long as short
Gate ZEC_USDT	+0.0054%	8h	1,503.8	−0.181%	$60.4M	$185.6M	75x	as long as short
Phoenix ZEC	+0.0082%	1h	1,507	+0.032%	$4.8M	$1.4M	10x	as long as short
Orderly PERP_ZEC_USDC	+0.0085%	8h	1,503.9	−0.175%	$304K	$861K	20x	as long as short
ApeX Omni ZECUSDT	+0.0095%	1h	1,507.1	+0.038%	$414K	$952K	50x	as long as short
Lighter ZEC	+0.0096%	1h	1,504.7	−0.124%	$19.4M	$44.9M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,505	−0.102%	$2.1M	$7.5M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,504.2	−0.153%	$172K	$1.8M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,506.1	−0.029%	$62K	$17K	10x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,505.1	−0.094%	$17K	$898K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,504.5	−0.136%	$3.1M	$7.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,504.4	−0.142%	$787.5M	$446.3M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,503.2	−0.219%	$14.1M	$30.7M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,506.3	−0.013%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,503.9	−0.173%	$710.3M	$2.33B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,503.3	−0.217%	$269.5M	$625.3M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,503.4	−0.206%	$185.1M	$1.37B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,501.6	−0.327%	$411K	$557K	5x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,506.8	+0.019%	$608K	$9.0M	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,504	−0.169%	$406.3M	$834.7M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,503.7	−0.185%	$102.6M	$57.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,503.8	−0.181%	$162.6M	$295.7M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,503.6	−0.195%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,506.9	+0.027%	$49.9M	$35.9M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,506.7	+0.013%	$556K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,506.8	+0.015%	$3.1M	$533K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,505.6	−0.064%	$50K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,504.4	−0.142%	$373K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,504.2	−0.155%	$168K	$194K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,506.3	−0.018%	$450K	$419K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,507.3	+0.049%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,503.9	−0.176%	$254K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,503.5	−0.199%	$2.7M	$21.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,504.3	−0.149%	$4.0M	$4.9M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,503.8	−0.181%	$2.8M	$8.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,503.9	−0.172%	$44K	$153K	20x	as long as short
RISEx ZEC/USDC	+0.0157%	1h	1,505.9	−0.042%	$967K	$1.1M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0159% / S −0.0163%	1h	1,504.2	−0.154%	$334K	—	100x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0217%	1h	1,504.7	−0.124%	$689K	$1.4M	25x	as long as short
Backpack ZEC_USDC_PERP	+0.0341%	1h	1,504.4	−0.143%	$2.4M	$3.8M	15x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0368%	1h	1,505.3	−0.084%	$3.8M	$10.0M	50x	as long as short