Funding you earn now, next payment 07:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.05 per $10,000 · paid last 24h −0.026%
Price spread now: gTrade (Gains Network) against Deribit−0.014%7-day average −0.058% · 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−$282as in the Price arb table
costs, in and out, $10k−$2872.866% of the position
Funding, last 3 days (all we have)−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)−0.121%−$12 · spread now −0.014%, 7d avg −0.058%
=The price spread pays, funding is against you. gTrade (Gains Network) is 0.044% dearer against Deribit than usual: you sell high and buy low (spread −0.014% now, against its 7-day average of −0.058%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.8 days. At the pace of the last 3 days (−0.127% in total) that is about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ZEC_USDC-PERPETUAL | 1,492.2 | 0.0046 | pay 0.0006% / 1h | 1m 14s | $681K | $1.4M | 25x |
| Short | gTrade (Gains Network) ZEC/USD | 1,492 | L +0.0007% / S −0.0006% | get 0.0001% / 1h | 1m 14s | $5.3M | — | 150x |
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Deribit. 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
- −$8.24
- Price spread: −0.014% → −0.058%
- $4.42
- Slippage, 4 orders
- −$269.65
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$290.47
- Costs to cover
- 2.866%
- Break-even
- never at this rate
Slippage from Deribit: 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 Deribit live order book, 3 min ago | 4.35 bp | 8.7 bp −$9 | 15.0 bp −$150 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 3 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 | −0.3684% | 1h | 1,481 | −0.755% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,490.5 | −0.117% | $61K | $304K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0144% | 8h | 1,491.1 | −0.076% | $30.8M | $75.0M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0096% | 1h | 1,491.5 | −0.049% | $18.1M | $46.6M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,493.1 | +0.054% | $6K | $1K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0017% | 1h | 1,494.4 | +0.143% | $48K | $64K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,490.5 | −0.120% | $414K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,493.1 | +0.058% | $1.5M | $4.7M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USDshort | L +0.0007% / S −0.0006% | 1h | 1,492 | −0.014% | $5.3M | — | 150x | |
| Deribit ZEC_USDC-PERPETUALlong | +0.0046% | 1h | 1,492.2 | long leg | $681K | $1.4M | 25x |
Injective ZEC/USDC PERP
Perpl ZEC
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
Aftermath Perps ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0081% | 8h | 1,491.4 | −0.054% | $300K | $1.1M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,491.6 | −0.041% | $170K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,491.3 | −0.065% | $12K | $876K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,491.7 | −0.035% | $61K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,491.9 | −0.026% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,492.1 | −0.008% | $779.2M | $447.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,490.6 | −0.109% | $13.9M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,491.3 | −0.065% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,491.3 | −0.064% | $695.1M | $2.32B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,490.4 | −0.125% | $267.1M | $630.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,490.7 | −0.106% | $181.8M | $1.34B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,494.1 | +0.125% | $407K | $554K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,494.2 | +0.134% | $903K | $7K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,491.5 | −0.052% | $55.0M | $187.8M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,490.8 | −0.097% | $242.9M | $800.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,490.6 | −0.110% | $102.6M | $57.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,490.7 | −0.104% | $160.3M | $289.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,490.7 | −0.102% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,495.2 | +0.196% | $48.9M | $34.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,494.8 | +0.169% | $572K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,493.7 | +0.099% | $3.1M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,495.6 | +0.223% | $412K | $943K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,493.5 | +0.084% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,491.6 | −0.043% | $357K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,490.9 | −0.093% | $163K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,493.1 | +0.056% | $456K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,494.1 | +0.123% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,491.1 | −0.076% | $254K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,491.8 | −0.031% | $2.7M | $20.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,491.3 | −0.066% | $4.0M | $5.0M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,491.7 | −0.035% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,491.6 | −0.046% | $43K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,492.2 | −0.005% | $8K | $7K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,492 | −0.016% | $937K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,496.6 | +0.292% | $4.8M | $1.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0138% / S −0.0134% | 1h | 1,491.9 | −0.026% | $392K | — | 100x | as long as short |
| Lighter RH ZEC | +0.0176% | 1h | 1,492.8 | +0.037% | $2.1M | $7.5M | 10x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,492.1 | −0.007% | $615K | $8.8M | 10x | as long as short |
| Lighter ZEC | +0.0240% | 1h | 1,492.6 | +0.026% | $19.6M | $47.1M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0261% | 1h | 1,493.9 | +0.111% | $2.3M | $3.9M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,492.8 | +0.037% | $3.7M | $10.1M | 50x | as long as short |
Orderly PERP_ZEC_USDC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
RISEx ZEC/USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Lighter RH ZEC
Arcus ZEC-USD
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX