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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h +0.011%
Price spread now: Katana Perps against Bitget−0.131%7-day average +0.001% · you buy dearer than you sell
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)+0.088%+$9 on $10k
Price spread, last 7 days+0.149%+$15 · spread now −0.131%, 7d avg +0.001%
Together, before fees+0.236%+$24 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 0.133% cheaper against Bitget than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZECUSDT1,4560.0100pay 0.0100% / 8h3h 32m$165.6M$270.3M75x
ShortKatana Perps ZEC-USD1,454.10.0100get 0.0100% / 8h3h 32m$13K$821K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against Bitget. 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
−$0.04
Price spread: −0.131% → +0.001%
−$13.26
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$29.11
Costs to cover
0.158%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago0.03 bp7.9 bp −$811.1 bp −$111doesn't fitdoesn't fit
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−0.3042%1h1,453.9−0.145%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,454.9−0.078%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,455−0.070%$29.5M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,455−0.069%$410K$36K5xas long as short
Perpl ZEC0.0000%43m1,454.4−0.113%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,454.4−0.111%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,454.9−0.074%$291K$944K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0082% / S −0.0033%1h1,454.4−0.108%$433K100xas long as short
Lighter RH ZEC+0.0096%1h1,456.6+0.039%$2.1M$7.0M10xas long as short
Popdex ZECUSDT+0.0096%1h1,453.9−0.142%$174K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USDshort+0.0100%8h1,454.1−0.131%$13K$821K10x
Paradex ZEC-USD-PERP+0.0100%8h1,454.4−0.111%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,454.3−0.118%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,455.2−0.055%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,455.5−0.035%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,455.6−0.029%$669.7M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,455−0.071%$261.2M$599.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,455.6−0.029%$178.6M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.7−0.021%$395K$434K5xas long as short
Bulk ZEC-USD+0.0100%1h1,453.9−0.146%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,455.1−0.065%$51.1M$171.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,455.2−0.058%$218.4M$769.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,454.7−0.091%$102.6M$53.4M75xas long as short
Bitget ZECUSDTlong+0.0100%8h1,456long leg$165.6M$270.3M75x
BingX ZEC-USDT+0.0100%8h1,455.1−0.063%$105.5Mas long as short
Variational Omni ZEC+0.0100%8h1,450.8−0.358%$47.6M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,451.5−0.309%$565K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,452.6−0.236%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,454.2−0.122%$402K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,453.2−0.194%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.2−0.124%$352K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,454.5−0.105%$160K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,453.6−0.163%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,457.5+0.102%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,455−0.069%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,454.1−0.131%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,455.1−0.060%$3.8M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,454.6−0.099%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,454.6−0.095%$47K$151K20xas long as short
Kalshi KXZECPERP+0.0108%8h1,455.7−0.023%$1.5M$4.4M2.2xas long as short
01 Exchange ZECUSD+0.0112%1h1,454.6−0.093%$8K$7K5xas long as short
Phoenix ZEC+0.0116%1h1,454.3−0.118%$4.6M$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0125%1h1,455.5−0.035%$2.4M$3.8M15xas long as short
Hyperliquid ZEC+0.0132%1h1,456.6+0.041%$758.3M$425.9M10xas long as short
Lighter ZEC+0.0160%1h1,456.4+0.030%$19.2M$44.9M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0209%1h1,455.4−0.040%$614K$1.3M25xas long as short
RISEx ZEC/USDC+0.0216%1h1,454.1−0.129%$919K$1.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,454.8−0.084%$18.0M$45.3M25xas long as short
Arcus ZEC-USD+0.0344%1h1,456+0.002%$698K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,458.2+0.148%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0670%1h1,453.9−0.142%$44K$49K10xas long as short