Funding you earn now, next payment 04:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h −0.002%
Price spread now: Pacifica against GMX+0.105%7-day average −0.019% · 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)+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)−0.485%−$49 · spread now +0.105%, 7d avg −0.019%
=Together, before fees−0.416%+ Points / potential airdropPacifica: Active · farm board−$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Pacifica is 0.124% dearer against GMX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ZEC/USD [WBTC.b-USDC] | 1,448.7 | L +0.0065% / S −0.0016% | pay 0.0008% / 1h | 41m 46s | $407K | — | 100x |
| Short | Pacifica ZEC | 1,450.2 | 0.0100 | get 0.0013% / 1h | 41m 46s | $1.6M | $2.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against GMX. 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
- $7.32
- Price spread: +0.105% → −0.019%
- $12.41
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$0.27
- Costs to cover
- 0.200%
- Break-even
- 7.3 days
Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 2 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 2 min ago | 0.93 bp | 5.9 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.3166% | 1h | 1,451.5 | +0.190% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,450.5 | +0.125% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0069% | 8h | 1,450.3 | +0.109% | $29.2M | $70.6M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,449.9 | +0.083% | $408K | $40K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,450 | +0.092% | $1.5M | $4.4M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,449 | +0.020% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,448.9 | +0.012% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0059% | 8h | 1,449 | +0.023% | $290K | $958K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC]long | L +0.0065% / S −0.0016% | 1h | 1,448.7 | long leg | $407K | — | 100x | |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,449.4 | +0.047% | $8K | $7K | 5x | 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 | 1,449.3 | +0.044% | $173K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,449.1 | +0.028% | $11K | $875K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,450.3 | +0.107% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,450.1 | +0.100% | $2.5M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,450.6 | +0.131% | $754.5M | $434.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,449.6 | +0.061% | $14.4M | $27.7M | 75x | as long as short |
| Pacifica ZECshort | +0.0100% | 1h | 1,450.2 | +0.105% | $1.6M | $2.4M | 10x | |
| Binance ZECUSDT | +0.0100% | 8h | 1,450.3 | +0.110% | $665.7M | $2.22B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,449.9 | +0.083% | $260.8M | $602.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,450.3 | +0.109% | $177.0M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,448.7 | 0.000% | $394K | $444K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,450.7 | +0.138% | $875K | $29K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,449.6 | +0.061% | $49.8M | $173.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,450.1 | +0.098% | $215.2M | $769.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,449.7 | +0.067% | $102.0M | $54.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,449.7 | +0.070% | $164.6M | $274.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,449.6 | +0.062% | — | $101.1M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,449.2 | +0.036% | $2.4M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,447.3 | −0.094% | $47.4M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,447.5 | −0.085% | $563K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,450.6 | +0.129% | $3.0M | $437K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,449.9 | +0.082% | $403K | $921K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,450.9 | +0.152% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,449 | +0.021% | $365K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,449.2 | +0.031% | $159K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,447.9 | −0.056% | $442K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,452.1 | +0.232% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,449 | +0.022% | $232K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,447.8 | −0.064% | $2.6M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,449.1 | +0.030% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,449.3 | +0.043% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,448.8 | +0.005% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,451.4 | +0.186% | $4.6M | $1.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0231% | 1h | 1,449.6 | +0.059% | $608K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0279% | 1h | 1,448.7 | +0.003% | $17.9M | $44.9M | 25x | as long as short |
| Lighter ZEC | +0.0328% | 1h | 1,451.4 | +0.189% | $19.1M | $45.9M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0412% | 1h | 1,449.5 | +0.052% | $919K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,452.6 | +0.271% | $3.8M | $9.0M | 50x | as long as short |
| Lighter RH ZEC | +0.0472% | 1h | 1,451.8 | +0.211% | $2.0M | $6.9M | 10x | as long as short |
| Arcus ZEC-USD | +0.0626% | 1h | 1,449.6 | +0.064% | $737K | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0672% | 1h | 1,449.8 | +0.078% | $44K | $49K | 10x | as long as short |
GMX ZEC/USD [WBTC.b-USDC]
Pacifica ZEC
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
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
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Phoenix ZEC
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD