Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Katana Perps against Derive+0.061%7-day average +0.056% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.061%, 7d avg +0.056%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ZEC-PERP | 1,467.4 | 0.0100 | pay 0.0013% / 1h | 37m 37s | $448K | $506K | 6.7x |
| Short | Katana Perps ZEC-USD | 1,468.3 | 0.0100 | get 0.0100% / 8h | 2h 37m | $13K | $812K | 10x |
Derive ZEC-PERP
Katana Perps ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against Derive. 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
- −$0.04
- Price spread: +0.061% → +0.056%
- $0.5
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$9.35
- Costs to cover
- 0.098%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample | — | — | — | — | — |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Derive and 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 | −0.3243% | 1h | 1,465 | −0.165% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,468.5 | +0.077% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0078% | 8h | 1,466.5 | −0.064% | $29.9M | $70.8M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,468.7 | +0.090% | $408K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,468.3 | +0.060% | $1.5M | $4.4M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,467.6 | +0.017% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0007% | 1h | 1,468.5 | +0.077% | $5.2M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,468.6 | +0.083% | $8K | $7K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,468.4 | +0.066% | $294K | $902K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0078% | 1h | 1,469.2 | +0.124% | $618K | $1.3M | 25x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Orderly PERP_ZEC_USDC
Deribit ZEC_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZECUSDT | +0.0090% | 8h | 1,467.9 | +0.036% | $261.6M | $589.0M | 75x | as long as short |
| Phoenix ZEC | +0.0092% | 1h | 1,465.7 | −0.118% | $4.7M | $1.3M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0096% / S −0.0049% | 1h | 1,468.3 | +0.059% | $438K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,468.5 | +0.077% | $173K | $1.6M | 50x | as long as short |
| Katana Perps ZEC-USDshort | +0.0100% | 8h | 1,468.3 | +0.061% | $13K | $812K | 10x | |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468.8 | +0.093% | $61K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,468.9 | +0.101% | $2.9M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,469.8 | +0.164% | $764.8M | $418.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,468.6 | +0.083% | $14.4M | $28.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,469.2 | +0.122% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,468.6 | +0.081% | $677.3M | $2.16B | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,468.2 | +0.055% | $178.6M | $1.21B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,465.3 | −0.142% | $397K | $430K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,462.7 | −0.321% | $884K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,468.7 | +0.088% | $53.2M | $170.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,468.7 | +0.092% | $219.7M | $759.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,469.2 | +0.124% | $103.5M | $52.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,468.7 | +0.091% | $166.2M | $267.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,468.1 | +0.050% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,464.4 | −0.204% | $48.0M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,465.2 | −0.152% | $570K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,466.6 | −0.054% | $3.0M | $467K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,466.2 | −0.083% | $405K | $925K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,469 | +0.108% | $49K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,468.6 | +0.083% | $360K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,468.3 | +0.060% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERPlong | +0.0100% | 1h | 1,467.4 | long leg | $448K | $506K | 6.7x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,471.1 | +0.256% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,468.4 | +0.067% | $235K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,467 | −0.026% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,468.4 | +0.068% | $3.9M | $4.7M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,468.5 | +0.079% | $2.8M | $7.8M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,468.8 | +0.094% | $47K | $151K | 20x | as long as short |
| Lighter RH ZEC | +0.0120% | 1h | 1,470.2 | +0.188% | $2.1M | $7.1M | 10x | as long as short |
| Lighter ZEC | +0.0128% | 1h | 1,470.3 | +0.199% | $19.4M | $43.9M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0146% | 1h | 1,468 | +0.039% | $18.0M | $45.5M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,469 | +0.110% | $927K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0309% | 1h | 1,468.8 | +0.096% | $2.4M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,470.1 | +0.186% | $3.8M | $9.2M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,470.1 | +0.183% | $667K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0678% | 1h | 1,466.1 | −0.090% | $45K | $49K | 10x | as long as short |
Bybit ZECUSDT
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Lighter RH ZEC
Lighter ZEC
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD