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+0.0093%/8h= +10.2% APRpaid last 24h +0.018%
Price spread now: BingX against gTrade (Gains Network)−0.016%76s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2812.809% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.071%+$7 on $10k
Price spread, last 7 days−0.010%−$1 · spread now −0.016%, 7d avg +0.002%
Together, before fees+0.061%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,508.6L +0.0007% / S −0.0006%pay 0.0001% / 1h24m 05s$5.4M150x
ShortBingX ZEC-USDT1,508.40.0100get 0.0100% / 8h7h 24m$120.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.016% → +0.002%
−$1.83
Slippage, 4 orders
−$260.86
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$263.14
Costs to cover
2.809%
Break-even
101.2 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 5 min ago; BingX: live order book, 15 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), 5 min ago130.05 bp135.1 bp −$135425.9 bp −$4,2594809.1 bp −$480.9Kdoesn't fit
Sell BingX live order book, 15 min ago0.17 bp5.2 bp −$56.2 bp −$6212.9 bp −$1,28525.9 bp −$13.0K

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%1h1,488.8−1.312%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,507.8−0.058%$62K$304K10xas long as short
Aftermath Perps ZECUSD−0.0223%1h1,506.3−0.154%$48K$58K10xas long as short
BloFin ZEC-USDT−0.0162%8h1,508.3−0.023%$31.8M$76.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,508.4−0.017%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,508.4−0.015%$417K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,509.3+0.042%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,508.6long leg$5.4M150x
Kraken Futures PF_ZECUSD+0.0019%1h1,509.4+0.048%$18.4M$47.5M25xas long as short
01 Exchange ZECUSD+0.0024%1h1,510+0.087%$8K$6K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0082%1h1,504.2−0.296%$4.8M$1.4M10xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,509+0.026%$305K$860K20xas long as short
Gate ZEC_USDT+0.0089%8h1,508.4−0.017%$60.9M$186.9M75xas long as short
Lighter ZEC+0.0096%1h1,510.2+0.106%$19.5M$45.2M20xas long as short
Lighter RH ZEC+0.0096%1h1,510.1+0.099%$2.1M$7.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,509.7+0.068%$172K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,509.4+0.052%$62K$16K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,509.2+0.039%$16K$893K10xas long as short
Nado ZEC-PERP+0.0100%1h1,509.4+0.054%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,509+0.025%$789.2M$441.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,508.1−0.032%$14.2M$30.1M75xas long as short
Pacifica ZEC+0.0100%1h1,509.3+0.045%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,509+0.022%$711.9M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,508−0.042%$271.5M$618.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,508.4−0.015%$184.4M$1.37B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,508.6−0.002%$409K$547K5xas long as short
Arcus ZEC-USD+0.0100%1h1,510+0.092%$596K$8.9M10xas long as short
Bulk ZEC-USD+0.0100%1h1,503.8−0.323%$774K$147K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,508.9+0.017%$406.5M$838.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,508.9+0.021%$103.3M$56.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,508.6−0.002%$163.2M$294.9M75xas long as short
BingX ZEC-USDTshort+0.0100%8h1,508.4−0.016%$120.4M
Variational Omni ZEC+0.0100%8h1,506.5−0.144%$49.9M$35.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,504.6−0.266%$555K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,504−0.304%$3.1M$541K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,504.9−0.245%$413K$952K50xas long as short
StandX ZEC-USD+0.0100%1h1,509.4+0.048%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,509.6+0.064%$375K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,509.3+0.044%$169K$192K20xas long as short
Derive ZEC-PERP+0.0100%1h1,502−0.438%$449K$419K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,511.5+0.193%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,508.9+0.021%$255K$3.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,508.7+0.007%$2.7M$21.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,509.1+0.031%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,509.3+0.042%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,509.2+0.036%$45K$153K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0149%1h1,510.2+0.101%$691K$1.3M25xas long as short
RISEx ZEC/USDC+0.0157%1h1,509.3+0.048%$954K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0161% / S −0.0167%1h1,509.4+0.051%$335K100xas long as short
Backpack ZEC_USDC_PERP+0.0213%1h1,509.1+0.032%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,510.1+0.099%$3.8M$10.0M50xas long as short