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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.016%
Price spread now: Bitget against gTrade (Gains Network)+0.184%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$266as in the Price arb table
costs, in and out, $10k−$2852.845% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.026%+$3 on $10k
Price spread, last 7 days−0.204%−$20 · spread now +0.184%, 7d avg −0.001%
Together, before fees−0.178%−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.185% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,494L +0.0007% / S −0.0006%pay 0.0001% / 1h4m 51s$5.3M150x
ShortBitget ZECUSDT1,496.70.0100get 0.0100% / 8h1h 04m$160.9M$289.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.184% → −0.001%
$18.5
Slippage, 4 orders
−$262.53
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$246.47
Costs to cover
2.845%
Break-even
95.2 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 4 min ago; Bitget: live order book, 4 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), 4 min ago130.03 bp135.0 bp −$135426.0 bp −$4,2604809.2 bp −$480.9Kdoesn't fit
Sell Bitget live order book, 4 min ago0.03 bp7.8 bp −$812.1 bp −$12119.6 bp −$1,957doesn'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−0.3684%1h1,479.6−0.962%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,493.8−0.013%$61K$304K10xas long as short
BloFin ZEC-USDT−0.0143%8h1,494.8+0.057%$30.9M$75.1M75xas long as short
Kraken Futures PF_ZECUSD−0.0096%1h1,494.5+0.039%$18.1M$46.5M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,496+0.133%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,495.5+0.104%$416K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,495.8+0.124%$1.5M$4.7M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,494.6+0.040%$682K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,494long leg$5.3M150x
Aftermath Perps ZECUSD+0.0015%1h1,495.2+0.086%$48K$64K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0080%8h1,493.8−0.008%$301K$1.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,495.2+0.085%$171K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,495.1+0.074%$12K$876K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,495.3+0.090%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,495.8+0.121%$3.1M$7.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,495.6+0.109%$14.0M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,495.8+0.126%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,496.5+0.169%$697.5M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,496+0.135%$268.0M$630.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,496.5+0.169%$182.6M$1.34B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,494.1+0.009%$408K$554K5xas long as short
Bulk ZEC-USD+0.0100%1h1,494.2+0.019%$903K$7K10xas long as short
Gate ZEC_USDT+0.0100%8h1,496.2+0.149%$55.2M$187.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,496+0.135%$243.2M$799.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,495.3+0.088%$103.1M$57.3M75xas long as short
Bitget ZECUSDTshort+0.0100%8h1,496.7+0.184%$160.9M$289.7M75x
BingX ZEC-USDC+0.0100%8h1,495.5+0.103%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,495.2+0.081%$48.9M$34.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,495.1+0.078%$573K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,494.7+0.052%$3.1M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,496.3+0.159%$412K$942K50xas long as short
StandX ZEC-USD+0.0100%1h1,496.1+0.143%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,495.2+0.083%$358K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,493.9−0.001%$164K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,495.2+0.081%$456K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,495.7+0.118%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,494.2+0.016%$254K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,494.5+0.039%$2.7M$20.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,494.5+0.038%$4.0M$5.0M50xas long as short
Hyperliquid ZEC+0.0100%1h1,497+0.203%$781.4M$446.5M10xas long as short
Extended ZEC-USD+0.0104%1h1,495.7+0.113%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,493.8−0.009%$43K$151K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,495.5+0.103%$8K$7K5xas long as short
RISEx ZEC/USDC+0.0129%1h1,495.4+0.093%$939K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,496.6+0.176%$4.8M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0137% / S −0.0133%1h1,493.7−0.020%$396K100xas long as short
Lighter RH ZEC+0.0192%1h1,496.1+0.141%$2.1M$7.5M10xas long as short
Arcus ZEC-USD+0.0221%1h1,496.3+0.158%$610K$8.7M10xas long as short
Backpack ZEC_USDC_PERP+0.0259%1h1,495.5+0.106%$2.3M$3.9M15xas long as short
Lighter ZEC+0.0264%1h1,497.8+0.256%$19.7M$47.1M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,495.4+0.095%$3.7M$10.1M50xas long as short