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% APRnext payment +$0.12 per $10,000 · paid last 24h +0.026%
Price spread now: Polymarket Perps against gTrade (Gains Network)+0.006%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$282as in the Price arb table
costs, in and out, $10k−$2842.842% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.078%+$8 on $10k
Price spread, last 7 days−0.071%−$7 · spread now +0.006%, 7d avg −0.016%
Together, before fees+0.007%+$1 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 Polymarket Perps is 0.022% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,483.9L +0.0007% / S −0.0006%pay 0.0001% / 1h46m 44s$5.3M150x
ShortPolymarket Perps ZEC-USD1,4840.0100get 0.0013% / 1h46m 44s$358K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: +0.006% → −0.016%
$2.17
Slippage, 4 orders
−$266.15
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$262.42
Costs to cover
2.842%
Break-even
100.9 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 2 min ago; Polymarket Perps: live order book, 2 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), 2 min ago130.04 bp135.0 bp −$135426.0 bp −$4,2604809.2 bp −$480.9Kdoesn't fit
Sell Polymarket Perps live order book, 2 min ago2.36 bp6.4 bp −$68.9 bp −$89doesn'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−0.3684%1h1,484.2+0.018%$34K$273K12xas long as short
BloFin ZEC-USDT−0.0118%8h1,483.9−0.002%$30.7M$73.8M75xas long as short
Bulk ZEC-USD−0.0097%1h1,490.7+0.454%$901K$15K10xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,483.7−0.013%$18.0M$46.5M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,483.8−0.008%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,483.9+0.001%$412K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,484.4+0.031%$1.6M$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,483.2−0.047%$61K$297K10xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,483.9long leg$5.3M150x
Orderly PERP_ZEC_USDC+0.0073%8h1,483.4−0.036%$298K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,484.6+0.043%$158K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,483.7−0.013%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,484.3+0.027%$14.1M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,484.8+0.057%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,484.8+0.061%$691.1M$2.29B75xas long as short
Bybit ZECUSDT+0.0100%8h1,484.6+0.048%$269.7M$627.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,484.8+0.058%$179.8M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,484.9+0.067%$405K$508K5xas long as short
Gate ZEC_USDT+0.0100%8h1,484.6+0.046%$54.2M$180.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,484.8+0.058%$237.0M$776.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,484.8+0.059%$101.8M$56.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,484.6+0.047%$160.2M$288.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,484.7+0.053%$114.4Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,485.1+0.077%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,483−0.063%$48.4M$33.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,484.5+0.042%$568K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,485.3+0.094%$3.0M$488K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,484.3+0.023%$411K$932K50xas long as short
StandX ZEC-USD+0.0100%1h1,484+0.003%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USDshort+0.0100%1h1,484+0.006%$358K$1.7M10x
Bullet ZEC-USD+0.0100%1h1,484.1+0.013%$163K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,482.5−0.094%$453K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,486.6+0.180%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,483.9−0.003%$253K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,483.5−0.030%$2.6M$19.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,484.5+0.039%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,484.6+0.044%$61K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,484.2+0.016%$11K$864K10xas long as short
Extended ZEC-USD+0.0104%1h1,484.5+0.037%$2.7M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,483.8−0.006%$44K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,485.3+0.090%$8K$7K5xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0115%1h1,484.1+0.015%$706K$1.4M25xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0122% / S −0.0108%1h1,483.6−0.022%$430K100xas long as short
RISEx ZEC/USDC+0.0129%1h1,484.7+0.057%$929K$1.2M10xas long as short
Phoenix ZEC+0.0134%1h1,484.9+0.068%$4.7M$1.4M10xas long as short
Hyperliquid ZEC+0.0167%1h1,485.7+0.121%$771.8M$440.6M10xas long as short
Aftermath Perps ZECUSD+0.0206%1h1,486.3+0.160%$48K$63K10xas long as short
Arcus ZEC-USD+0.0221%1h1,486.5+0.173%$623K$8.6M10xas long as short
Lighter RH ZEC+0.0288%1h1,486.2+0.154%$2.1M$7.3M10xas long as short
Lighter ZEC+0.0328%1h1,485.7+0.117%$19.4M$45.5M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,484+0.003%$3.6M$9.9M50xas long as short