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

ZEC

all ZEC markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0094%/8h= −10.3% APRnext payment $0.12 per $10,000 · paid last 24h −0.017%
Price spread now: gTrade (Gains Network) against SoDEX+0.132%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2802.802% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.067%−$7 on $10k
Price spread, last 4 days (all we have)−0.372%−$37 · spread now +0.132%, 7d avg +0.003%
Together, before fees−0.439%−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.129% dearer against SoDEX than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of +0.003%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ZEC-USD1,458.70.0100pay 0.0013% / 1h12m 38s$233K$3.4M10x
ShortgTrade (Gains Network) ZEC/USD1,460.6L +0.0007% / S −0.0006%get 0.0001% / 1h12m 38s$5.2M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SoDEX. 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
−$19.68
Price spread: +0.132% → +0.003%
$12.89
Slippage, 4 orders
−$262.16
Fee SoDEX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$286.95
Costs to cover
2.802%
Break-even
never at this rate
Slippage from SoDEX: live order book, 1 min ago; gTrade (Gains Network): virtual book (oracle venue), 1 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 SoDEX live order book, 1 min ago0.20 bp5.3 bp −$516.0 bp −$160102.1 bp −$10.2Kdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 1 min ago130.04 bp135.0 bp −$135584.7 bp −$5,847doesn'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−0.3166%1h1,462.6+0.265%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,458.7−0.001%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,459+0.020%$29.4M$71.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,458.3−0.031%$411K$38K5xas long as short
Perpl ZEC0.0000%43m1,460.8+0.140%$84K$240K10xas long as short
gTrade (Gains Network) ZEC/USDshortL +0.0007% / S −0.0006%1h1,460.6+0.132%$5.2M150x
Deribit ZEC_USDC-PERPETUAL+0.0007%1h1,459.4+0.045%$616K$1.3M25xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,459.2+0.031%$291K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0070% / S −0.0021%1h1,460.7+0.135%$410K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,457.6−0.075%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,457−0.118%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,457.6−0.079%$11K$857K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.7−0.068%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.9−0.055%$2.8M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458.9+0.012%$758.9M$432.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,457.7−0.068%$14.8M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,457.9−0.056%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.7−0.138%$669.6M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,456.2−0.173%$261.4M$602.5M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,456.9−0.128%$177.9M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,460+0.088%$396K$442K5xas long as short
Gate ZEC_USDT+0.0100%8h1,457.6−0.078%$50.6M$175.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.7−0.067%$216.7M$774.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.9−0.059%$102.9M$54.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457.8−0.062%$165.8M$271.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,457.1−0.112%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,459.3+0.039%$47.9M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,460.1+0.097%$569K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,461.1+0.161%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,460.1+0.093%$405K$941K50xas long as short
StandX ZEC-USD+0.0100%1h1,460.6+0.131%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,460.4+0.115%$355K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,460.7+0.133%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,458.3−0.029%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,463+0.293%$3K$1.1M20xas long as short
SoDEX ZEC-USDlong+0.0100%1h1,458.7long leg$233K$3.4M10x
HTX ZEC-USDT+0.0100%8h1,459+0.022%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,459.3+0.039%$3.8M$5.1M50xas long as short
Bulk ZEC-USD+0.0100%1h1,460.6+0.131%$882K$18K10xas long as short
Kalshi KXZECPERP+0.0100%8h1,461.1+0.162%$1.5M$4.5M2.2xas long as short
Extended ZEC-USD+0.0104%1h1,457.8−0.066%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,458.7−0.002%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,461.5+0.187%$4.6M$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0148%1h1,458.8+0.005%$2.4M$3.8M15xas long as short
Lighter ZEC+0.0248%1h1,459.1+0.023%$19.2M$46.0M20xas long as short
Kraken Futures PF_ZECUSD+0.0277%1h1,458.8+0.003%$18.1M$45.0M25xas long as short
Lighter RH ZEC+0.0352%1h1,459.1+0.024%$2.1M$7.0M10xas long as short
RISEx ZEC/USDC+0.0412%1h1,457.6−0.077%$923K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,461.6+0.197%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0626%1h1,459.1+0.025%$678K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0682%1h1,461.4+0.185%$45K$49K10xas long as short