Funding you earn now, next payment 08:00 UTC+0.0180%/8h= +19.8% APRnext payment +$1.80 per $10,000 · paid last 24h +0.061%
Price spread now: Katana Perps against BloFin−0.046%96s7-day average −0.027% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.211%+$21 on $10k
+Price spread, last 4 days (all we have)−1.012%−$101 · spread now −0.046%, 7d avg −0.027%
=The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZEC-USDT | 1,450.5 | −0.0081 | get 0.0081% / 8h | 5h 35m | $29.4M | $70.6M | 75x |
| Short | Katana Perps ZEC-USD | 1,449.8 | 0.0100 | get 0.0100% / 8h | 5h 35m | $14K | $859K | 10x |
BloFin ZEC-USDT
Katana Perps ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $37.89
- Price spread: −0.046% → −0.027%
- −$1.88
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- $20.21
- Costs to cover
- 0.158%
- Break-even
- 3.3 days
Slippage unknown: BloFin: live order book, 8 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 8 min ago | 0.10 bp | 6.1 bp −$6 | 7.4 bp −$74 | 13.5 bp −$1,352 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3244% | 1h | 1,449.3 | −0.083% | $33K | $272K | 12x | as long as short |
| BloFin ZEC-USDTlong | −0.0081% | 8h | 1,450.5 | long leg | $29.4M | $70.6M | 75x | |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,451.1 | +0.043% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,450.2 | −0.018% | $408K | $44K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,448.3 | −0.150% | $1.3M | $4.9M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,447.6 | −0.200% | $83K | $248K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,449.1 | −0.099% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0040% | 8h | 1,450.1 | −0.030% | $290K | $979K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0053% / S −0.0009% | 1h | 1,449.1 | −0.094% | $374K | — | 100x | as long as short |
| Phoenix ZEC | +0.0074% | 1h | 1,449.2 | −0.090% | $4.6M | $1.4M | 10x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ZECUSDT | +0.0087% | 1h | 1,450 | −0.031% | $407K | $904K | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,451.4 | +0.063% | $173K | $1.8M | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0098% | 1h | 1,445.9 | −0.316% | $394K | $431K | 5x | as long as short |
| Katana Perps ZEC-USDshort | +0.0100% | 8h | 1,449.8 | −0.046% | $14K | $859K | 10x | |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,451.3 | +0.055% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,452.9 | +0.166% | $2.5M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,451.5 | +0.070% | $755.4M | $433.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,450.4 | −0.003% | $14.4M | $28.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,450.7 | +0.016% | $1.7M | $2.6M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,451.4 | +0.061% | $664.6M | $2.26B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,452.2 | +0.121% | $266.3M | $611.0M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,452.8 | +0.162% | $179.2M | $1.24B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,451.2 | +0.051% | $879K | $21K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,451 | +0.037% | $49.4M | $172.6M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,450.6 | +0.006% | $213.3M | $774.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,450.3 | −0.014% | $101.9M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,452.4 | +0.133% | $161.3M | $277.7M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,451.5 | +0.072% | — | $97.3M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,451.1 | +0.041% | $2.4M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,448.7 | −0.123% | $46.8M | $32.3M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,449.1 | −0.098% | $564K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,449.1 | −0.099% | $3.0M | $419K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,448.7 | −0.124% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,451.8 | +0.090% | $323K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,449.8 | −0.046% | $138K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,448.3 | −0.151% | $442K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,452 | +0.105% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,449.7 | −0.058% | $232K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,447.9 | −0.178% | $2.6M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,449.9 | −0.043% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,451 | +0.032% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,449.5 | −0.067% | $47K | $156K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,451.9 | +0.099% | $8K | $7K | 5x | as long as short |
| Lighter ZEC | +0.0176% | 1h | 1,451.9 | +0.098% | $19.0M | $46.4M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0197% | 1h | 1,449.6 | −0.064% | $17.8M | $44.5M | 25x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,453.2 | +0.185% | $724K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0336% | 1h | 1,452 | +0.104% | $2.0M | $6.9M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0391% | 1h | 1,450.5 | 0.000% | $610K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,451.8 | +0.088% | $828K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,451 | +0.038% | $3.7M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0713% | 1h | 1,454 | +0.242% | $43K | $46K | 10x | as long as short |
ApeX Omni ZECUSDT
Popdex ZECUSDT
Ondo Perps ZEC-USD.P
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
Lighter ZEC
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD