Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.006%

Price spread now: Gate against 01 Exchange−0.103%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Gate is 0.103% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.103% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 11 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ZECUSD	1,458	0.0048	pay 0.0006% / 1h	21m 14s	$8K	$8K	5x
Short	Gate ZEC_USDT	1,456.5	0.0079	get 0.0079% / 8h	2h 21m	$49.4M	$190.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against 01 Exchange. 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

Position, each leg$Hold fordaysFee 01 ExchangebpFee GatebpOrdersPrice spread, now −0.103%Rate

Funding earned: $6.51
Price spread: −0.103% → 0.000%: −$10.29
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$25.78
Costs to cover: 0.220%
Break-even: 34.7 days

Slippage unknown: 01 Exchange: no order-book sample; Gate: live order book, 3 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Gate live order book, 3 min ago	0.76 bp	12.4 bp −$12	16.7 bp −$167	31.5 bp −$3,151	54.5 bp −$27.3K

01 Exchange: 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	−1.706%	$33K	$275K	12x	as long as short
BloFin ZEC-USDT	−0.0085%	8h	1,456.9	−0.078%	$28.8M	$75.5M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,455.2	−0.194%	$6K	$2K	10x	as long as short
Kraken Futures PF_ZECUSD	−0.0071%	1h	1,456.9	−0.077%	$17.7M	$44.7M	25x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,456.2	−0.121%	$410K	$106K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,457.1	−0.066%	$933K	$5.7M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,456.2	−0.124%	$83K	$401K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,457.6	−0.028%	$593K	$1.3M	25x	as long as short
Variational Omni ZEC	+0.0005%	8h	1,459.3	+0.087%	$45.7M	$33.1M	—	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,456.8	−0.082%	$5.2M	—	150x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZECUSDT	+0.0008%	8h	1,456	−0.137%	$267.6M	$677.3M	75x	as long as short
Orderly PERP_ZEC_USDC	+0.0016%	8h	1,457	−0.071%	$292K	$1.5M	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0022% / S +0.0070%	1h	1,456.5	−0.101%	$557K	—	100x	as long as short
01 Exchange ZECUSDlong	+0.0048%	1h	1,458	long leg	$8K	$8K	5x
OKX ZEC-USDT-SWAP	+0.0059%	8h	1,456.3	−0.116%	$173.5M	$1.36B	50x	as long as short
Gate ZEC_USDTshort	+0.0079%	8h	1,456.5	−0.103%	$49.4M	$190.4M	75x
Aster ZECUSDT	+0.0092%	8h	1,456.7	−0.092%	$15.3M	$34.5M	75x	as long as short
Katana Perps ZEC-USD	+0.0095%	8h	1,457.3	−0.051%	$13K	$871K	10x	as long as short
Lighter ZEC	+0.0096%	1h	1,458.6	+0.039%	$18.8M	$54.5M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,457.3	−0.051%	$173K	$2.0M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,456.3	−0.120%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,456.6	−0.095%	$2.5M	$7.1M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,457.1	−0.061%	$752.7M	$494.3M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,456.9	−0.078%	$1.6M	$3.0M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,456.9	−0.078%	$664.3M	$2.53B	75x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,454.6	−0.234%	$395K	$521K	5x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,456.9	−0.073%	$215.8M	$896.9M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,456.7	−0.090%	$103.1M	$57.1M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,456.4	−0.110%	$161.2M	$313.3M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,456.3	−0.117%	—	$6.8M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,457.2	−0.055%	$2.3M	$4.1M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,454.7	−0.228%	$489K	$9.6M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,455.5	−0.170%	$3.0M	$510K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,455.5	−0.175%	$428K	$814K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,456.4	−0.113%	$109K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,457.1	−0.062%	$347K	$2.0M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,456	−0.140%	$127K	$161K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,455.8	−0.151%	$443K	$498K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,459.2	+0.082%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,457.1	−0.066%	$221K	$4.7M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,457.6	−0.032%	$2.4M	$25.0M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,456.8	−0.086%	$3.8M	$5.4M	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,455	−0.207%	$896K	$26K	10x	as long as short
Phoenix ZEC	+0.0103%	1h	1,455.5	−0.170%	$4.6M	$1.6M	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,457.4	−0.040%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,457.1	−0.059%	$36K	$362K	20x	as long as short
RISEx ZEC/USDC	+0.0219%	1h	1,457.9	−0.008%	$867K	$1.8M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0440%	1h	1,457.8	−0.016%	$3.7M	$11.4M	50x	as long as short
Aftermath Perps ZECUSD	+0.0445%	1h	1,455.8	−0.152%	$40K	$34K	10x	as long as short
Arcus ZEC-USD	+0.0518%	1h	1,458.7	+0.048%	$750K	$8.0M	10x	as long as short
Lighter RH ZEC	+0.0640%	1h	1,459.2	+0.080%	$1.9M	$8.5M	10x	as long as short