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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0003%/8h= −0.4% APRnext payment $0.03 per $10,000 · paid last 24h +0.010%
Price spread now: Katana Perps against BingX+0.121%7-day average +0.084% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.030%+$3 on $10k
Price spread, last 7 days−0.064%−$6 · spread now +0.121%, 7d avg +0.084%
Together, before fees−0.034%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.036% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZEC-USDC1,473.50.0100pay 0.0100% / 8h55m 28s$6.7M
ShortKatana Perps ZEC-USD1,475.30.0097get 0.0097% / 8h55m 28s$12K$828K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against BingX. 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
−$0.7
Price spread: +0.121% → +0.084%
$3.65
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$10.85
Costs to cover
0.138%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 7 min ago; Katana Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 7 min ago0.78 bp10.9 bp −$1116.3 bp −$16336.9 bp −$3,68585.0 bp −$42.5K
Sell Katana Perps no order-book sample
Katana Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3089%1h1,474+0.031%$34K$275K12xas long as short
ApeX Omni ZECUSDT−0.0365%1h1,474+0.036%$432K$827K50xas long as short
Ondo Perps ZEC-USD.P−0.0315%1h1,473.50.000%$400K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0224%1h1,474.4+0.059%$18.0M$45.0M25xas long as short
BloFin ZEC-USDT−0.0110%8h1,474.6+0.072%$29.5M$75.8M75xas long as short
Bybit ZECUSDT−0.0082%8h1,474.2+0.044%$273.6M$665.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,474+0.033%$6K$2K10xas long as short
Variational Omni ZEC−0.0037%8h1,468.5−0.342%$46.8M$33.5Mas long as short
dYdX ZEC-USD0.0000%1h1,473.8+0.019%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,476.8+0.225%$901K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,474.6+0.076%$84K$404K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,475.4+0.126%$615K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,475.1+0.111%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0009%8h1,474.5+0.069%$295K$1.4M20xas long as short
SoDEX ZEC-USD+0.0026%1h1,474.2+0.050%$227K$4.5M10xas long as short
01 Exchange ZECUSD+0.0032%1h1,475.2+0.112%$8K$8K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0009%1h1,474.9+0.096%$366K100xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,474.5+0.069%$180.0M$1.35B50xas long as short
Gate ZEC_USDT+0.0046%8h1,474.5+0.069%$50.4M$183.7M75xas long as short
Phoenix ZEC+0.0075%1h1,475.4+0.130%$4.7M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,474.6+0.077%$176K$1.9M50xas long as short
Katana Perps ZEC-USDshort+0.0097%8h1,475.3+0.121%$12K$828K10x
Paradex ZEC-USD-PERP+0.0100%8h1,474.3+0.055%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.8+0.088%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,476+0.170%$765.9M$479.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,474.4+0.060%$15.6M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,474.8+0.089%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,474.6+0.077%$682.3M$2.47B75xas long as short
Arcus ZEC-USD+0.0100%1h1,475.4+0.128%$715K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471.1−0.162%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,474.8+0.090%$222.4M$829.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.3+0.055%$104.2M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,474.8+0.086%$162.9M$303.9M75xas long as short
BingX ZEC-USDClong+0.0100%8h1,473.5long leg$6.7M
edgeX ZECUSDC+0.0100%4h1,473.3−0.012%$515K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.7+0.083%$3.0M$482K10xas long as short
StandX ZEC-USD+0.0100%1h1,475.4+0.127%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,474.6+0.075%$348K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,475.1+0.107%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.1−0.025%$449K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477+0.235%$3K$1.2M20xas long as short
HTX ZEC-USDT+0.0100%8h1,473.5−0.003%$2.5M$23.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,474.6+0.072%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,475+0.105%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,474.4+0.064%$37K$366K20xas long as short
Lighter ZEC+0.0112%1h1,475.8+0.155%$19.1M$52.1M20xas long as short
RISEx ZEC/USDC+0.0132%1h1,475.3+0.122%$836K$1.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,476.4+0.196%$3.8M$11.5M50xas long as short
Lighter RH ZEC+0.0464%1h1,476.4+0.197%$2.0M$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0620%1h1,473−0.033%$41K$34K10xas long as short
Backpack ZEC_USDC_PERP+0.0621%1h1,474.6+0.074%$2.4M$3.7M15xas long as short