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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0055%/8h= +6.0% APRpaid last 24h +0.008%
Price spread now: edgeX against Gate−0.184%52s7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.274% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.323%+$32 on $10k
Price spread, last 7 days+0.155%+$15 · spread now −0.184%, 7d avg −0.057%
Together, before fees+0.477%+ Points / potential airdropedgeX: Active · farm board+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.127% cheaper against Gate than usual: you would sell low and buy high (spread −0.184% now, against its 7-day average of −0.057%). If the spread goes back, that is −$13 on $10k: about 7.7 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.323% in total) that is about 2.8 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEC_USDT1,472.20.0045pay 0.0045% / 8h42m 27s$51.4M$185.6M75x
ShortedgeX ZECUSDC1,469.50.0100get 0.0050% / 4h42m 27s$513K$9.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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
$11.55
Price spread: −0.184% → −0.057%
−$12.7
Slippage, 4 orders
−$3.36
Fee Gate: 7.5 bp × 2 orders
−$15
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$28.52
Costs to cover
0.274%
Break-even
24.3 days
Slippage from Gate: live order book, 2 min ago; edgeX: 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 Gate live order book, 2 min ago0.24 bp7.8 bp −$816.6 bp −$16632.4 bp −$3,24157.9 bp −$28.9K
Sell edgeX live order book, 2 min ago0.37 bp4.9 bp −$59.0 bp −$90doesn'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−0.3089%1h1,471.5−0.048%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,472−0.015%$17.9M$44.3M25xas long as short
Ondo Perps ZEC-USD.P−0.0205%1h1,470.5−0.114%$398K$516K5xas long as short
BloFin ZEC-USDT−0.0105%8h1,472−0.014%$29.6M$75.4M75xas long as short
Bybit ZECUSDT−0.0098%8h1,471−0.080%$274.8M$657.2M75xas long as short
ApeX Omni ZECUSDT−0.0097%1h1,469.5−0.185%$431K$831K50xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.1−0.004%$6K$2K10xas long as short
Variational Omni ZEC−0.0043%8h1,468.6−0.243%$46.8M$33.7Mas long as short
dYdX ZEC-USD0.0000%1h1,472.8+0.045%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.4−0.054%$902K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,471.9−0.022%$84K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.2−0.065%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,472.3+0.009%$294K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,470.7−0.103%$4.6M$1.6M10xas long as short
01 Exchange ZECUSD+0.0032%1h1,472.20.000%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0037%8h1,471.8−0.024%$180.6M$1.35B50xas long as short
Gate ZEC_USDTlong+0.0045%8h1,472.2long leg$51.4M$185.6M75x
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,471.1−0.071%$372K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0079%1h1,473+0.055%$614K$1.3M25xas long as short
Lighter ZEC+0.0096%1h1,473.6+0.095%$19.1M$52.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,471.7−0.031%$177K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,470.8−0.092%$13K$837K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472−0.015%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472.4+0.017%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.9+0.049%$763.6M$475.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.9−0.017%$15.1M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,472.5+0.020%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472−0.012%$682.5M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,473.2+0.067%$720K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,472−0.012%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.8−0.025%$229.3M$834.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.2−0.001%$103.9M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.9−0.019%$163.0M$302.4M75xas long as short
BingX ZEC-USDC+0.0100%8h1,470.7−0.101%$6.7Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,469.5−0.184%$513K$9.3M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,469.7−0.166%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,473+0.058%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471.9−0.019%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.4−0.053%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.8−0.095%$448K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.6+0.029%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.7−0.032%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.6−0.037%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.4+0.016%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,472.4+0.018%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.3+0.010%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,472.5+0.021%$826K$1.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,472.6+0.027%$3.8M$10.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0437%1h1,473.5+0.086%$2.4M$3.7M15xas long as short
Lighter RH ZEC+0.0520%1h1,474+0.126%$2.0M$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0674%1h1,472.8+0.044%$46K$47K10xas long as short