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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against SunX−0.186%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$399as in the Price arb table
costs, in and out, $10k−$3893.892% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.094%−$9 on $10k
Price spread, last 3 days (all we have)+0.348%+$35 · spread now −0.186%, 7d avg −0.092%
Together, before fees+0.254%+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.094% cheaper against SunX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.092%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,469.80.0100pay 0.0100% / 8h6h 41m$3K$1.2M20x
ShortgTrade (Gains Network) ZEC/USD1,467L +0.0007% / S −0.0006%get 0.0001% / 1h41m 40s$5.2M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SunX. 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: −0.186% → −0.092%
−$9.41
Slippage, 4 orders
−$371.2
Fee SunX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$418.29
Costs to cover
3.892%
Break-even
never at this rate
Slippage from SunX: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 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 SunX live order book, 2 min ago29.04 bp50.3 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 2 min ago130.02 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−0.3678%1h1,473.4+0.246%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.3−0.166%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0054%1h1,467.1−0.182%$398K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,467.7−0.138%$18.1M$43.6M25xas long as short
dYdX ZEC-USD0.0000%1h1,467.2−0.173%$413K$57K5xas long as short
Kalshi KXZECPERP0.0000%8h1,465.3−0.307%$969K$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,466.5−0.225%$83K$264K10xas long as short
gTrade (Gains Network) ZEC/USDshortL +0.0007% / S −0.0006%1h1,467−0.186%$5.2M150x
BloFin ZEC-USDT+0.0012%8h1,475.2+0.369%$29.6M$73.3M75xas long as short
Variational Omni ZEC+0.0016%8h1,474+0.288%$48.1M$33.4Mas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0026%8h1,467.3−0.168%$293K$1.1M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,466.8−0.204%$8K$9K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,466.8−0.199%$381K100xas long as short
Phoenix ZEC+0.0070%1h1,473.7+0.268%$4.7M$1.5M10xas long as short
Gate ZEC_USDT+0.0080%8h1,466−0.257%$49.8M$174.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0082%8h1,466.3−0.235%$181.3M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,466.7−0.207%$172K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,466−0.260%$16K$839K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.6−0.212%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.7−0.144%$2.5M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467.7−0.141%$763.5M$450.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,466.9−0.195%$14.8M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,466.7−0.212%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,466.2−0.244%$679.9M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,466−0.259%$270.4M$628.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,466.1−0.248%$214.8M$794.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466.2−0.243%$103.2M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.3−0.237%$162.7M$286.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,465.5−0.291%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,474.3+0.308%$574K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.7+0.196%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474.5+0.322%$429K$905K50xas long as short
StandX ZEC-USD+0.0100%1h1,470+0.016%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,466.7−0.209%$339K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.1−0.247%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.7−0.277%$456K$510K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,469.8long leg$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,467.5−0.152%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467−0.189%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.8−0.136%$3.9M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.6+0.332%$897K$17K10xas long as short
Extended ZEC-USD+0.0104%1h1,466.1−0.247%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.1−0.181%$48K$167K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0152%1h1,468.2−0.105%$604K$1.3M25xas long as short
Lighter RH ZEC+0.0224%1h1,467.8−0.135%$2.0M$7.1M10xas long as short
Lighter ZEC+0.0240%1h1,467.4−0.163%$19.1M$48.0M20xas long as short
Arcus ZEC-USD+0.0254%1h1,468−0.119%$695K$8.7M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,466.9−0.196%$852K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,468.6−0.082%$3.6M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0524%1h1,468.2−0.107%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0738%1h1,472.3+0.173%$44K$46K10xas long as short