ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0441%/8h= +48.3% APRnext payment +$0.55 per $10,000 · paid last 24h +0.110%

Price spread now: Coinbase International against gTrade (Gains Network)+0.186%52s7-day average +0.118% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2922.918% of the position

Long on gTrade (Gains Network)Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.264%+$26 on $10k

Price spread, last 3 days (all we have)+0.017%+$2 · spread now +0.186%, 7d avg +0.118%

Together, before fees+0.281%+$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Coinbase International is 0.068% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.118%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ZEC/USD	1,470.1	L +0.0007% / S −0.0006%	pay 0.0001% / 1h	3m 25s	$5.2M	—	150x
Short	Coinbase International ZEC-PERP-INTX	1,472.8	0.0448	get 0.0056% / 1h	3m 25s	$3.7M	$9.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee Coinbase InternationalbpOrdersPrice spread, now +0.186%Rate

Funding earned: $92.64
Price spread: +0.186% → +0.118%: $6.77
Slippage, 4 orders: −$271.81
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$192.4
Costs to cover: 2.918%
Break-even: 21.5 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Coinbase International: live order book, 6 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 gTrade (Gains Network) virtual book (oracle venue), 1 min ago	130.04 bp	135.0 bp −$135	426.0 bp −$4,260	4809.1 bp −$480.9K	doesn't fit
Sell Coinbase International live order book, 6 min ago	1.83 bp	14.9 bp −$15	21.2 bp −$212	49.5 bp −$4,947	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	−0.3321%	1h	1,471.6	+0.105%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0343%	1h	1,470.9	+0.059%	$17.9M	$43.0M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0127%	1h	1,469.7	−0.026%	$400K	$516K	5x	as long as short
BloFin ZEC-USDT	−0.0117%	8h	1,469.7	−0.024%	$29.6M	$72.3M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,470.3	+0.013%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0015%	8h	1,469.6	−0.032%	$47.7M	$33.3M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,470.9	+0.055%	$414K	$103K	5x	as long as short
01 Exchange ZECUSD	0.0000%	1h	1,470.7	+0.042%	$8K	$9K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,471	+0.065%	$959K	$5.2M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,469.4	−0.047%	$84K	$405K	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) ZEC/USDlong	L +0.0007% / S −0.0006%	1h	1,470.1	long leg	$5.2M	—	150x
Orderly PERP_ZEC_USDC	+0.0022%	8h	1,470.2	+0.010%	$294K	$1.1M	20x	as long as short
Phoenix ZEC	+0.0054%	1h	1,470.5	+0.029%	$4.6M	$1.6M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,469.9	−0.012%	$378K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0067%	8h	1,469.9	−0.010%	$181.2M	$1.29B	50x	as long as short
Gate ZEC_USDT	+0.0093%	8h	1,469.7	−0.029%	$50.3M	$182.3M	75x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,469.5	−0.040%	$173K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,469.7	−0.025%	$12K	$843K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,470.3	+0.013%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,470.2	+0.011%	$2.6M	$6.5M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,470.6	+0.035%	$765.7M	$451.2M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,470.1	+0.004%	$14.9M	$31.3M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,470.6	+0.035%	$1.7M	$2.8M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,469.9	−0.014%	$683.2M	$2.35B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,469.7	−0.024%	$272.7M	$627.7M	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,471.8	+0.119%	$691K	$8.6M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,467.8	−0.154%	$893K	$21K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,469.8	−0.019%	$218.3M	$832.2M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,469.8	−0.018%	$104.0M	$55.5M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,470.4	+0.020%	$163.6M	$289.1M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,469.6	−0.035%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,471.6	+0.101%	$573K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,471.2	+0.077%	$3.0M	$450K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,469.7	−0.024%	$427K	$882K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,470.4	+0.020%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,469.5	−0.039%	$340K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,469.8	−0.020%	$128K	$158K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,468.9	−0.082%	$458K	$510K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,473	+0.199%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,470.5	+0.028%	$242K	$3.9M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,471	+0.063%	$2.5M	$19.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,471.4	+0.092%	$3.8M	$5.2M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,470.5	+0.030%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,470.1	−0.002%	$53K	$162K	20x	as long as short
Lighter ZEC	+0.0216%	1h	1,471.7	+0.108%	$19.2M	$50.6M	20x	as long as short
RISEx ZEC/USDC	+0.0228%	1h	1,470.8	+0.051%	$854K	$1.0M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0260%	1h	1,471.5	+0.096%	$605K	$1.3M	25x	as long as short
Coinbase International ZEC-PERP-INTXshort	+0.0448%	1h	1,472.8	+0.186%	$3.7M	$9.7M	50x
Backpack ZEC_USDC_PERP	+0.0510%	1h	1,472	+0.130%	$2.5M	$3.8M	15x	as long as short
Lighter RH ZEC	+0.0680%	1h	1,471.7	+0.107%	$2.1M	$8.5M	10x	as long as short
Aftermath Perps ZECUSD	+0.0746%	1h	1,470.6	+0.037%	$43K	$46K	10x	as long as short