Funding you earn now, next payment 22:00 UTC−0.0137%/8h= −15.0% APRpaid last 24h −0.005%
Price spread now: GMX against Gate+0.041%7-day average +0.037% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.071%−$7 on $10k
+Price spread, last 3 days (all we have)+0.389%+$39 · spread now +0.041%, 7d avg +0.037%
=The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZEC_USDT | 1,458.4 | 0.0063 | pay 0.0063% / 8h | 2h 10m | $49.3M | $191.0M | 75x |
| Short | GMX ZEC/USD [WBTC.b-USDC] | 1,459 | L +0.0017% / S +0.0074% | pay 0.0009% / 1h | 10m 02s | $558K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Gate. 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
- −$28.68
- Price spread: +0.041% → +0.037%
- $0.44
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$55.24
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.
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 Gate live order book, 4 min ago | 0.03 bp | 10.4 bp −$10 | 14.8 bp −$148 | 30.6 bp −$3,064 | 55.5 bp −$27.8K |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.3476% | 1h | 1,433.1 | −1.731% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0086% | 8h | 1,456.8 | −0.107% | $28.8M | $75.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,457.5 | −0.058% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,458.4 | +0.004% | $17.7M | $44.7M | 25x | as long as short |
| Bybit ZECUSDT | −0.0018% | 8h | 1,457.7 | −0.044% | $269.1M | $677.2M | 75x | as long as short |
| Variational Omni ZEC | −0.0004% | 8h | 1,455.9 | −0.168% | $45.6M | $33.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,458.4 | +0.003% | $411K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,458.9 | +0.038% | $934K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,458.6 | +0.018% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,459.5 | +0.078% | $594K | $1.3M | 25x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,459.2 | +0.056% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0016% | 8h | 1,458.5 | +0.008% | $292K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC]short | L +0.0017% / S +0.0074% | 1h | 1,459 | +0.041% | $558K | — | 100x | |
| Ondo Perps ZEC-USD.P | +0.0039% | 1h | 1,455.9 | −0.170% | $395K | $514K | 5x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,459.3 | +0.066% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0057% | 8h | 1,459 | +0.043% | $174.2M | $1.36B | 50x | as long as short |
| Gate ZEC_USDTlong | +0.0063% | 8h | 1,458.4 | long leg | $49.3M | $191.0M | 75x | |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,459.2 | +0.055% | $15K | $865K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,460.1 | +0.120% | $18.9M | $54.7M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,459.1 | +0.049% | $173K | $2.0M | 50x | as long as short |
| Aster ZECUSDT | +0.0098% | 8h | 1,458.6 | +0.015% | $15.4M | $33.9M | 75x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,459.3 | +0.060% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,458.8 | +0.029% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,459.5 | +0.077% | $754.9M | $495.3M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,458.9 | +0.034% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,458.6 | +0.015% | $666.0M | $2.53B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,458.6 | +0.015% | $218.6M | $899.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,458.8 | +0.031% | $103.2M | $57.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,458.9 | +0.036% | $161.5M | $312.2M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,458.7 | +0.019% | — | $101.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,459.4 | +0.069% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,457.1 | −0.089% | $489K | $9.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,458.5 | +0.009% | $3.0M | $492K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,458 | −0.029% | $428K | $814K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,457.6 | −0.051% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,459 | +0.043% | $344K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,458.6 | +0.014% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,456.4 | −0.136% | $445K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,460.7 | +0.160% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,458.6 | +0.014% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,459 | +0.043% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,458.8 | +0.027% | $3.8M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,456.7 | −0.115% | $897K | $26K | 10x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,458.5 | +0.011% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,459.3 | +0.063% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,458.7 | +0.020% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,459.9 | +0.104% | $848K | $1.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,461 | +0.178% | $3.7M | $11.6M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0478% | 1h | 1,458.3 | −0.002% | $40K | $34K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,460.2 | +0.126% | $748K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0592% | 1h | 1,460.8 | +0.163% | $2.0M | $8.5M | 10x | as long as short |
Gate ZEC_USDT
GMX ZEC/USD [WBTC.b-USDC]
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
Variational Omni ZEC
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Aster ZECUSDT
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Phoenix ZEC
Extended ZEC-USD
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Lighter RH ZEC