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 − costs—under 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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ZEC/USD | 1,483.9 | L +0.0007% / S −0.0006% | pay 0.0001% / 1h | 46m 44s | $5.3M | — | 150x |
| Short | Polymarket Perps ZEC-USD | 1,484 | 0.0100 | get 0.0013% / 1h | 46m 44s | $358K | $1.7M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) virtual book (oracle venue), 2 min ago | 130.04 bp | 135.0 bp −$135 | 426.0 bp −$4,260 | 4809.2 bp −$480.9K | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 2.36 bp | 6.4 bp −$6 | 8.9 bp −$89 | doesn't fit | 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 | −0.3684% | 1h | 1,484.2 | +0.018% | $34K | $273K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0118% | 8h | 1,483.9 | −0.002% | $30.7M | $73.8M | 75x | as long as short |
| Bulk ZEC-USD | −0.0097% | 1h | 1,490.7 | +0.454% | $901K | $15K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,483.7 | −0.013% | $18.0M | $46.5M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,483.8 | −0.008% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,483.9 | +0.001% | $412K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,484.4 | +0.031% | $1.6M | $4.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,483.2 | −0.047% | $61K | $297K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDlong | L +0.0007% / S −0.0006% | 1h | 1,483.9 | long leg | $5.3M | — | 150x | |
| Orderly PERP_ZEC_USDC | +0.0073% | 8h | 1,483.4 | −0.036% | $298K | $1.1M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,484.6 | +0.043% | $158K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,483.7 | −0.013% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,484.3 | +0.027% | $14.1M | $30.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,484.8 | +0.057% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,484.8 | +0.061% | $691.1M | $2.29B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,484.6 | +0.048% | $269.7M | $627.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,484.8 | +0.058% | $179.8M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,484.9 | +0.067% | $405K | $508K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,484.6 | +0.046% | $54.2M | $180.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,484.8 | +0.058% | $237.0M | $776.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,484.8 | +0.059% | $101.8M | $56.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,484.6 | +0.047% | $160.2M | $288.2M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,484.7 | +0.053% | — | $114.4M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,485.1 | +0.077% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,483 | −0.063% | $48.4M | $33.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,484.5 | +0.042% | $568K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,485.3 | +0.094% | $3.0M | $488K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,484.3 | +0.023% | $411K | $932K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,484 | +0.003% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USDshort | +0.0100% | 1h | 1,484 | +0.006% | $358K | $1.7M | 10x | |
| Bullet ZEC-USD | +0.0100% | 1h | 1,484.1 | +0.013% | $163K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,482.5 | −0.094% | $453K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,486.6 | +0.180% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,483.9 | −0.003% | $253K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,483.5 | −0.030% | $2.6M | $19.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,484.5 | +0.039% | $4.0M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,484.6 | +0.044% | $61K | $43K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,484.2 | +0.016% | $11K | $864K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,484.5 | +0.037% | $2.7M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,483.8 | −0.006% | $44K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,485.3 | +0.090% | $8K | $7K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0115% | 1h | 1,484.1 | +0.015% | $706K | $1.4M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0122% / S −0.0108% | 1h | 1,483.6 | −0.022% | $430K | — | 100x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,484.7 | +0.057% | $929K | $1.2M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,484.9 | +0.068% | $4.7M | $1.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0167% | 1h | 1,485.7 | +0.121% | $771.8M | $440.6M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0206% | 1h | 1,486.3 | +0.160% | $48K | $63K | 10x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,486.5 | +0.173% | $623K | $8.6M | 10x | as long as short |
| Lighter RH ZEC | +0.0288% | 1h | 1,486.2 | +0.154% | $2.1M | $7.3M | 10x | as long as short |
| Lighter ZEC | +0.0328% | 1h | 1,485.7 | +0.117% | $19.4M | $45.5M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,484 | +0.003% | $3.6M | $9.9M | 50x | as long as short |
gTrade (Gains Network) ZEC/USD
Polymarket Perps ZEC-USD
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Bulk ZEC-USD
Kraken Futures PF_ZECUSD
Kalshi KXZECPERP
Popdex ZECUSDT
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Extended ZEC-USD
01 Exchange ZECUSD
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDC
Phoenix ZEC
Hyperliquid ZEC
Aftermath Perps ZECUSD
Lighter RH ZEC
Lighter ZEC
Coinbase International ZEC-PERP-INTX