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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.028%
Price spread now: edgeX against gTrade (Gains Network)−0.013%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2802.798% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.093%+$9 on $10k
Price spread, last 7 days−0.039%−$4 · spread now −0.013%, 7d avg −0.058%
Together, before fees+0.054%+ Points / potential airdropedgeX: Active · farm board+$5 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 edgeX is 0.046% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,451.8L +0.0007% / S −0.0006%pay 0.0001% / 1h45m 04s$5.1M150x
ShortedgeX ZECUSDC1,451.60.0100get 0.0050% / 4h3h 45m$565K$8.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.013% → −0.058%
$4.56
Slippage, 4 orders
−$260.84
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$255.72
Costs to cover
2.798%
Break-even
98.5 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 4 min ago; edgeX: 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 ago130.04 bp135.0 bp −$135425.9 bp −$4,2594809.1 bp −$480.9Kdoesn't fit
Sell edgeX live order book, 4 min ago0.38 bp4.9 bp −$59.3 bp −$93doesn't fitdoesn'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−0.3042%1h1,453.4+0.108%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,451.6−0.012%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,452.1+0.019%$29.4M$70.4M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.8+0.002%$409K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,452.8+0.070%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,451−0.054%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,451.8long leg$5.1M150x
Orderly PERP_ZEC_USDC+0.0063%8h1,451.9+0.009%$290K$943K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0079% / S −0.0029%1h1,451.4−0.027%$432K100xas long as short
Lighter RH ZEC+0.0096%1h1,453.5+0.114%$2.1M$7.0M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,452.5+0.046%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,452.1+0.021%$13K$852K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,452.7+0.062%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,453.3+0.103%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,452.4+0.042%$14.6M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,453+0.079%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,452.2+0.029%$666.9M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,451.7−0.006%$260.9M$600.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,452.1+0.018%$177.7M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,450.5−0.090%$394K$439K5xas long as short
Bulk ZEC-USD+0.0100%1h1,454+0.152%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,451.9+0.005%$50.6M$170.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,452.1+0.022%$216.1M$766.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,452.3+0.034%$102.4M$53.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,452.2+0.023%$165.0M$270.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,452+0.010%$105.5Mas long as short
Variational Omni ZEC+0.0100%8h1,450.4−0.094%$47.6M$32.8Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,451.6−0.013%$565K$8.5M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,454+0.150%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,452.1+0.017%$401K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,451.5−0.025%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,452.3+0.034%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,451.4−0.029%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,450.7−0.074%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,454.7+0.199%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452+0.013%$232K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,451.8−0.001%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,452.7+0.063%$3.8M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,452+0.012%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,451.7−0.006%$47K$151K20xas long as short
Hyperliquid ZEC+0.0108%1h1,453.2+0.096%$756.0M$428.7M10xas long as short
01 Exchange ZECUSD+0.0112%1h1,452.9+0.074%$8K$7K5xas long as short
Phoenix ZEC+0.0116%1h1,452.9+0.073%$4.6M$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0116%1h1,452.5+0.049%$2.4M$3.9M15xas long as short
Lighter ZEC+0.0176%1h1,453.6+0.120%$19.1M$44.7M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0200%1h1,452.6+0.054%$613K$1.3M25xas long as short
RISEx ZEC/USDC+0.0216%1h1,452.6+0.058%$918K$1.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0334%1h1,452+0.010%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,454.6+0.192%$693K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,454+0.154%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0672%1h1,453.4+0.111%$44K$49K10xas long as short