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+0.0093%/8h= +10.2% APRpaid last 24h +0.017%
Price spread now: Binance against gTrade (Gains Network)−0.034%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$282as in the Price arb table
costs, in and out, $10k−$2802.801% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.057%+$6 on $10k
Price spread, last 3 days (all we have)−0.116%−$12 · spread now −0.034%, 7d avg −0.013%
Together, before fees−0.059%−$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.021% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of −0.013%). If the spread goes back, that is −$2 on $10k: about 18 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,470L +0.0007% / S −0.0006%pay 0.0001% / 1h27m 20s$5.2M150x
ShortBinance ZECUSDT1,469.50.0100get 0.0100% / 8h7h 27m$684.2M$2.37B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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
$19.56
Price spread: −0.034% → −0.013%
−$2.07
Slippage, 4 orders
−$260.12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$262.64
Costs to cover
2.801%
Break-even
101.0 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 2 min ago; Binance: 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 gTrade (Gains Network) virtual book (oracle venue), 2 min ago130.03 bp135.0 bp −$135426.0 bp −$4,2604809.2 bp −$480.9Kdoesn't fit
Sell Binance live order book, 2 min ago0.03 bp5.0 bp −$56.9 bp −$6918.4 bp −$1,843doesn'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%1h1,471.8+0.119%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,470.3+0.019%$17.8M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0111%1h1,467.9−0.145%$399K$517K5xas long as short
BloFin ZEC-USDT−0.0109%8h1,469.8−0.014%$29.7M$73.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.6+0.041%$6K$2K10xas long as short
Variational Omni ZEC−0.0053%8h1,469−0.067%$47.6M$33.8Mas long as short
Bybit ZECUSDT−0.0007%8h1,469.6−0.030%$273.9M$634.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,470.8+0.051%$414K$103K5xas long as short
Kalshi KXZECPERP0.0000%8h1,470.8+0.052%$959K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,469.6−0.027%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,470long leg$5.2M150x
01 Exchange ZECUSD+0.0008%1h1,469.9−0.012%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,469.7−0.020%$293K$1.2M20xas long as short
OKX ZEC-USDT-SWAP+0.0051%8h1,469.6−0.031%$181.9M$1.30B50xas long as short
Phoenix ZEC+0.0054%1h1,473.1+0.212%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,469.9−0.007%$378K100xas long as short
Popdex ZECUSDT+0.0096%1h1,470.2+0.012%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,469.7−0.021%$20K$838K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471+0.068%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470.7+0.048%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,471.4+0.093%$763.1M$455.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.9−0.006%$14.9M$31.7M75xas long as short
Pacifica ZEC+0.0100%1h1,470.8+0.050%$1.7M$2.8M10xas long as short
Binance ZECUSDTshort+0.0100%8h1,469.5−0.034%$684.2M$2.37B75x
Arcus ZEC-USD+0.0100%1h1,471.5+0.097%$699K$8.5M10xas long as short
Gate ZEC_USDT+0.0100%8h1,470−0.005%$51.2M$179.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,470.2+0.014%$230.8M$826.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.9−0.012%$104.7M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,470−0.001%$163.6M$292.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,469.7−0.025%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.8+0.055%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.9+0.061%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470.1+0.003%$430K$868K50xas long as short
StandX ZEC-USD+0.0100%1h1,472.6+0.173%$110K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470−0.002%$340K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,470+0.001%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.1−0.128%$458K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.5+0.165%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.9−0.012%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470.1+0.003%$2.5M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.4+0.022%$3.9M$5.3M50xas long as short
Bulk ZEC-USD+0.0100%1h1,471.7+0.114%$895K$24K10xas long as short
Extended ZEC-USD+0.0104%1h1,469.9−0.009%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,469.9−0.006%$55K$168K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0138%1h1,470.7+0.047%$605K$1.3M25xas long as short
Lighter ZEC+0.0208%1h1,471.7+0.113%$19.2M$50.4M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,470.4+0.023%$852K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,472.1+0.141%$3.8M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0539%1h1,471.3+0.086%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0771%1h1,471.3+0.088%$44K$46K10xas long as short
Lighter RH ZEC+0.0792%1h1,471.9+0.127%$2.0M$8.1M10xas long as short