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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0035%/8h= −3.8% APRpaid last 24h −0.022%
Price spread now: Gate against Extended+0.053%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$330.333% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.209%−$21 on $10k
Price spread, last 7 days−0.026%−$3 · spread now +0.053%, 7d avg +0.031%
Together, before fees−0.235%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.022% dearer against Extended than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of +0.031%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.209% in total) that is about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,516.30.0104pay 0.0013% / 1h52m 18s$2.8M$8.0M10x
ShortGate ZEC_USDT1,517.10.0069get 0.0069% / 8h7h 52m$60.1M$183.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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
−$7.35
Price spread: +0.053% → +0.031%
$2.19
Slippage, 4 orders
−$13.32
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$38.48
Costs to cover
0.333%
Break-even
never at this rate
Slippage from Extended: live order book, 2 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 Extended live order book, 2 min ago0.16 bp4.1 bp −$47.5 bp −$7547.4 bp −$4,738doesn't fit
Sell Gate live order book, 2 min ago0.03 bp12.5 bp −$1318.0 bp −$18031.5 bp −$3,15552.3 bp −$26.1K

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−0.3702%1h1,494.3−1.447%$36K$275K12xas long as short
Bulk ZEC-USD−0.0463%1h1,515.3−0.065%$779K$147K10xas long as short
Perpl ZEC−0.0447%43m1,512.8−0.229%$62K$305K10xas long as short
BloFin ZEC-USDT−0.0163%8h1,517.2+0.060%$31.8M$77.1M75xas long as short
Aftermath Perps ZECUSD−0.0124%1h1,514.6−0.108%$48K$59K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,516.6+0.025%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,516.4+0.008%$421K$34K5xas long as short
01 Exchange ZECUSD0.0000%1h1,517.9+0.106%$8K$6K5xas long as short
Kalshi KXZECPERP0.0000%8h1,517.4+0.078%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,516−0.019%$5.4M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZECUSD+0.0019%1h1,516−0.014%$18.3M$47.8M25xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0058%1h1,517+0.047%$693K$1.4M25xas long as short
Gate ZEC_USDTshort+0.0069%8h1,517.1+0.053%$60.1M$183.2M75x
Phoenix ZEC+0.0082%1h1,514.7−0.106%$4.8M$1.4M10xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,516.6+0.022%$306K$861K20xas long as short
Lighter ZEC+0.0096%1h1,516.6+0.024%$19.6M$44.4M20xas long as short
Lighter RH ZEC+0.0096%1h1,517+0.050%$2.1M$7.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,517.6+0.089%$173K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,517.2+0.063%$63K$19K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,517+0.050%$16K$901K10xas long as short
Nado ZEC-PERP+0.0100%1h1,517.8+0.105%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,517.7+0.095%$794.0M$446.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,515.2−0.067%$14.2M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,517.8+0.103%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,515.9−0.025%$716.1M$2.34B75xas long as short
Bybit ZECUSDT+0.0100%8h1,515.3−0.060%$273.3M$629.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,516.6+0.023%$183.5M$1.38B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,509.5−0.446%$413K$553K5xas long as short
Arcus ZEC-USD+0.0100%1h1,517.6+0.088%$597K$9.0M10xas long as short
MEXC ZEC_USDT+0.0100%8h1,516−0.020%$415.3M$826.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,517.7+0.095%$103.6M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,516.4+0.010%$163.8M$294.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,515.6−0.045%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,509.2−0.466%$49.7M$35.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,512.9−0.221%$580K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,519.6+0.221%$3.1M$519K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,517.6+0.085%$417K$950K50xas long as short
StandX ZEC-USD+0.0100%1h1,514.6−0.111%$51K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,517.6+0.089%$377K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,517.2+0.063%$169K$194K20xas long as short
Derive ZEC-PERP+0.0100%1h1,512.3−0.260%$452K$408K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,519.1+0.184%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,515.8−0.033%$256K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,515.8−0.031%$2.7M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,516.3+0.001%$4.1M$4.9M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,516.3long leg$2.8M$8.0M10x
Aevo ZEC-PERP+0.0104%1h1,516−0.019%$43K$150K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0153% / S −0.0154%1h1,513.9−0.153%$336K100xas long as short
RISEx ZEC/USDC+0.0157%1h1,517.7+0.094%$967K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,516.3+0.004%$3.7M$9.9M50xas long as short
Backpack ZEC_USDC_PERP+0.0468%1h1,516.7+0.026%$2.4M$3.8M15xas long as short