All ZEC pairs

ZEC funding carry: dYdX vs Gate.io

Entering and exiting this pair costs 25 bps of notional at taker fees (0 bps at maker). Funding has to pay that back before the trade is worth anything — here is how long that takes.

Right now

Gross funding APR
62.86%
Net APY on $10k
9.66%
Break-even
142.19h
Net positive for
35m
  • Net positive for only 35 min — needs ~142.19h to break even on entry/exit costs.
Short
dydx perp
ZEC/USD
Trade on dydx
Long
gate perp
ZEC/USDT
Trade on gate

Last 30 days

Above its costs
10.8% of the time
Net APY when above costs
45.55%
Net APY when below costs
-34.73%
Best single hour
114.47%

Measured on 420 hours of ranking we recorded ourselves.

To keep this comparison honest, 239 outlier samples above 110.00% APY were capped; they are not tradable estimates.

Round-trip cost

Venue Taker Maker Perp instrument
dYdX 5 1 ZEC-USD
Gate.io 7.5 -1 ZEC_USDT

Other ZEC pairs

How long funding takes to repay the entry

At a given gross funding APR, this is how many hours you must hold before the position has paid back entry and exit. Below that, a positive APR is still a loss.

Gross funding APR Taker in / out Maker in / out
5% 438h (18d) 0h
10% 219h (9d) 0h
20% 110h (4d) 0h
50% 44h 0h