After costs, if the gap returns to its 7d average, $10k−$37
spread now−0.012%7d average−0.018%fees + slippage, in and out−$37spread needed0.374%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZEC_USDT | 1,485.4 | −0.0072 | get 0.0072% / 8h | 5h 45m | $51.5M | $209.5M | 75x |
| Short | Polymarket Perps ZEC-USD | 1,485.2 | 0.0100 | get 0.0013% / 1h | 45m 13s | $303K | $3.1M | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$1.21
- Funding while held
- $5.16
- Slippage, 4 orders
- −$14.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$33.49
- Spread needed to break even
- 0.374%
Slippage from Gate: live order book, 5 min ago; Polymarket Perps: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0172%
- Per $10,000 a day
- +$5.16
- Average in range /8h
- —
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, 5 min ago | 0.74 bp | 11.7 bp −$12 | 18.1 bp −$181 | 29.6 bp −$2,960 | 55.9 bp −$27.9K |
| Sell Polymarket Perps live order book, 5 min ago | 2.36 bp | 6.4 bp −$6 | 10.0 bp −$100 | doesn't fit | doesn't fit |
ZEC price on every exchange
against the cheapest. Click to use as the short leg.ZEC on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk ZEC-USD | −1.170% | +0.0100% | 1h | $904K | $47K | 10x | as long as short |
| ApeX Omni ZECUSDT | −0.354% | −0.0146% | 1h | $965K | $463K | 50x | as long as short |
| Aftermath Perps ZECUSD | −0.223% | +0.0432% | 1h | $39K | $34K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.221% | −0.0021% | 1h | $403K | $747K | 5x | as long as short |
| Variational Omni ZEC | −0.158% | −0.0123% | 8h | $47.7M | $32.5M | — | as long as short |
| Hotstuff ZEC-PERP | −0.157% | −0.0080% | 1h | $6K | $2K | 10x | as long as short |
| edgeX ZECUSDC | −0.129% | +0.0100% | 4h | $501K | $10.7M | 20x | as long as short |
| Phoenix ZEC | −0.107% | −0.0004% | 1h | $4.7M | $1.7M | 10x | as long as short |
| Derive ZEC-PERP | −0.101% | +0.0100% | 1h | $460K | $530K | 6.7x | as long as short |
| StandX ZEC-USD | −0.088% | +0.0100% | 1h | $112K | $4.2M | 30x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ZECUSDT | −0.079% | −0.0243% | 8h | $277.3M | $781.0M | 75x | as long as short |
| Injective ZEC/USDC PERP | −0.069% | −0.3658% | 1h | $34K | $13K | 12x | as long as short |
| OKX ZEC-USDT-SWAP | −0.059% | −0.0011% | 8h | $177.9M | $1.61B | 50x | as long as short |
| Kraken Futures PF_ZECUSD | −0.037% | −0.0788% | 1h | $18.1M | $48.5M | 25x | as long as short |
| Phemex ZECUSDT | −0.035% | +0.0100% | 8h | $3.8M | $6.7M | 50x | as long as short |
| Aevo ZEC-PERP | −0.033% | +0.0080% | 1h | $39K | $366K | 20x | as long as short |
| Binance ZECUSDT | −0.032% | +0.0008% | 8h | $679.5M | $2.89B | 75x | as long as short |
| SoDEX ZEC-USD | −0.029% | +0.0100% | 1h | $226K | $5.6M | 10x | as long as short |
| HTX ZEC-USDT | −0.026% | +0.0100% | 8h | $2.5M | $31.3M | 75x | as long as short |
| BingX ZEC-USDT | −0.015% | +0.0071% | 8h | — | $130.1M | — | as long as short |
| Orderly PERP_ZEC_USDC | −0.014% | −0.0019% | 8h | $290K | $1.8M | 20x | as long as short |
| BloFin ZEC-USDT | −0.013% | −0.0112% | 8h | $30.4M | $83.0M | 75x | as long as short |
| Polymarket Perps ZEC-USDshort | −0.012% | +0.0100% | 1h | $303K | $3.1M | 10x | |
| Bitget ZECUSDT | −0.011% | +0.0075% | 8h | $169.0M | $350.2M | 75x | as long as short |
| Katana Perps ZEC-USD | −0.001% | +0.0073% | 8h | $16K | $956K | 10x | as long as short |
| Gate ZEC_USDTlong | 0.000% | −0.0072% | 8h | $51.5M | $209.5M | 75x | |
| Bullet ZEC-USD | 0.000% | +0.0100% | 1h | $129K | $167K | 20x | as long as short |
| MEXC ZEC_USDT | +0.012% | +0.0007% | 8h | $220.8M | $986.0M | 150x | as long as short |
| Aster ZECUSDT | +0.025% | −0.0024% | 8h | $15.0M | $37.9M | 75x | as long as short |
| Popdex ZECUSDT | +0.030% | +0.0096% | 1h | $174K | $2.3M | 50x | as long as short |
| Perpl ZEC | +0.036% | +0.0112% | 43m | $77K | $411K | 10x | as long as short |
| Extended ZEC-USD | +0.038% | +0.0104% | 1h | $3.3M | $4.9M | 10x | as long as short |
| KuCoin ZECUSDTM | +0.040% | +0.0100% | 8h | $104.1M | $68.7M | 75x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | +0.048% | L +0.0096% / S +0.0014% | 1h | $583K | — | 100x | as long as short |
| Paradex ZEC-USD-PERP | +0.051% | +0.0095% | 8h | $61K | $38K | 10x | as long as short |
| Nado ZEC-PERP | +0.056% | +0.0100% | 1h | $3.0M | $7.8M | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | +0.061% | L +0.0007% / S −0.0006% | 1h | $5.3M | — | 150x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.061% | +0.0089% | 1h | $582K | $1.4M | 25x | as long as short |
| Hyperliquid ZEC | +0.062% | +0.0100% | 1h | $783.3M | $659.2M | 10x | as long as short |
| Lighter ZEC | +0.066% | +0.0096% | 1h | $19.2M | $61.8M | 20x | as long as short |
| RISEx ZEC/USDC | +0.067% | +0.0072% | 1h | $853K | $2.8M | 10x | as long as short |
| Kalshi KXZECPERP | +0.081% | 0.0000% | 8h | $994K | $6.5M | 2.2x | as long as short |
| Backpack ZEC_USDC_PERP | +0.088% | +0.0200% | 1h | $2.3M | $3.8M | 15x | as long as short |
| Lighter RH ZEC | +0.090% | +0.0280% | 1h | $1.8M | $7.9M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.091% | 0.0000% | 1h | $9K | $11K | 5x | as long as short |
| Pacifica ZEC | +0.092% | +0.0100% | 1h | $1.7M | $3.6M | 10x | as long as short |
| dYdX ZEC-USD | +0.118% | 0.0000% | 1h | $419K | $108K | 5x | as long as short |
| Arcus ZEC-USD | +0.118% | +0.0231% | 1h | $708K | $7.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.133% | +0.0360% | 1h | $3.9M | $13.6M | 50x | as long as short |
| SunX ZEC-USDT | +0.324% | +0.0100% | 8h | $3K | $1.4M | 20x | as long as short |
Gate ZEC_USDT
Polymarket Perps ZEC-USD
Bulk
ApeX Omni
Variational Omni
Phoenix
Derive
StandX
Bybit
Injective
OKX
Kraken Futures
Phemex
Binance
SoDEX
HTX
BingX
BloFin
Bitget
Katana Perps
Bullet
MEXC
Aster
Popdex
Extended
KuCoin
GMX
Paradex
gTrade (Gains Network)
Deribit
Hyperliquid
Lighter
RISEx
Backpack
Lighter RH
Pacifica
Coinbase International
SunX