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+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.036%
Price spread now: Extended against gTrade (Gains Network)−0.001%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$283as in the Price arb table
costs, in and out, $10k−$2862.865% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.094%+$9 on $10k
Price spread, last 7 days−0.054%−$5 · spread now −0.001%, 7d avg −0.031%
Together, before fees+0.040%+ Points / potential airdropExtended: Active · farm board+$4 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 Extended is 0.030% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,484L +0.0007% / S −0.0006%pay 0.0001% / 1h48m 52s$5.3M150x
ShortExtended ZEC-USD1,4840.0104get 0.0013% / 1h48m 52s$2.7M$7.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$20.4
Price spread: −0.001% → −0.031%
$3.01
Slippage, 4 orders
−$271.49
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$263.09
Costs to cover
2.865%
Break-even
97.3 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), just now; Extended: live order book, 5 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), just now130.04 bp135.0 bp −$135426.0 bp −$4,2604809.2 bp −$480.9Kdoesn't fit
Sell Extended live order book, 5 min ago2.23 bp7.7 bp −$815.3 bp −$153190.2 bp −$19.0Kdoesn'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%1h1,491.6+0.512%$34K$273K12xas long as short
ApeX Omni ZECUSDT−0.0140%1h1,485.7+0.117%$411K$932K50xas long as short
BloFin ZEC-USDT−0.0118%8h1,484.5+0.033%$30.7M$73.8M75xas long as short
Bulk ZEC-USD−0.0097%1h1,490.7+0.449%$901K$15K10xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,484.6+0.041%$18.0M$46.4M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,485.9+0.127%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,485.1+0.076%$413K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,486.1+0.141%$1.6M$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,482.2−0.117%$61K$294K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,484.1+0.011%$706K$1.4M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,484long leg$5.3M150x
Orderly PERP_ZEC_USDC+0.0073%8h1,483.7−0.018%$298K$1.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,484+0.003%$157K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,482.7−0.085%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,483.9−0.007%$14.1M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,485.5+0.099%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,484.3+0.023%$690.9M$2.29B75xas long as short
Bybit ZECUSDT+0.0100%8h1,484+0.001%$269.7M$627.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,483.8−0.015%$179.8M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,487+0.204%$405K$507K5xas long as short
Gate ZEC_USDT+0.0100%8h1,484.3+0.022%$54.1M$180.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,484.2+0.015%$233.2M$775.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,484.1+0.009%$101.7M$56.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,483.9−0.009%$160.2M$287.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,484.2+0.015%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,485.5+0.099%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,483−0.067%$48.4M$33.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,488.1+0.280%$569K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,485.3+0.089%$3.0M$488K10xas long as short
StandX ZEC-USD+0.0100%1h1,487.8+0.260%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,483.7−0.019%$358K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,484.1+0.006%$163K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,482.9−0.072%$453K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,486+0.139%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,484.6+0.040%$253K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,483.6−0.025%$2.6M$19.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,484.4+0.031%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,485.6+0.112%$61K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,484.4+0.027%$11K$862K10xas long as short
Extended ZEC-USDshort+0.0104%1h1,484−0.001%$2.7M$7.9M10x
Aevo ZEC-PERP+0.0104%1h1,483.8−0.011%$45K$149K20xas long as short
Hyperliquid ZEC+0.0118%1h1,485.2+0.082%$771.2M$439.9M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,484.1+0.007%$8K$7K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0121% / S −0.0107%1h1,483.9−0.006%$430K100xas long as short
RISEx ZEC/USDC+0.0129%1h1,484.7+0.049%$929K$1.2M10xas long as short
Phoenix ZEC+0.0134%1h1,490.8+0.462%$4.7M$1.4M10xas long as short
Arcus ZEC-USD+0.0221%1h1,486.1+0.141%$620K$8.6M10xas long as short
Aftermath Perps ZECUSD+0.0229%1h1,487.8+0.258%$48K$63K10xas long as short
Lighter RH ZEC+0.0296%1h1,486.2+0.149%$2.1M$7.3M10xas long as short
Lighter ZEC+0.0336%1h1,486.1+0.144%$19.4M$45.5M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,484.8+0.056%$3.6M$9.9M50xas long as short