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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.029%
Price spread now: Katana Perps against dYdX−0.029%7-day average −0.012% · 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)−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.029%, 7d avg −0.012%
Together, before fees+0.024%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZEC-USD1,455.10get 0.0000% / 1h23m 30s$410K$106K5x
ShortKatana Perps ZEC-USD1,454.60.0095get 0.0095% / 8h2h 23m$13K$871K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against dYdX. 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
$19.93
Price spread: −0.029% → −0.012%
−$1.71
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
$4.42
Costs to cover
0.138%
Break-even
5.4 days
Slippage unknown: dYdX: live order book, 1 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 dYdX live order book, 1 min ago38.64 bp44.8 bp −$4552.1 bp −$521102.1 bp −$10.2K416.9 bp −$208.5K
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−0.3476%1h1,433.1−1.506%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0086%8h1,455.1+0.004%$28.6M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,455.8+0.049%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,455.3+0.019%$17.7M$44.7M25xas long as short
dYdX ZEC-USDlong0.0000%1h1,455.1long leg$410K$106K5x
Kalshi KXZECPERP0.0000%8h1,456.6+0.103%$933K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,454.4−0.044%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,456.7+0.114%$593K$1.3M25xas long as short
Variational Omni ZEC+0.0005%8h1,459.3+0.290%$45.7M$33.1Mas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,455.1+0.002%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0009%8h1,454−0.070%$267.5M$677.4M75xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,455.9+0.054%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0023% / S +0.0072%1h1,454.6−0.029%$565K100xas long as short
01 Exchange ZECUSD+0.0056%1h1,454.8−0.018%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0059%8h1,454.5−0.040%$173.0M$1.36B50xas long as short
Gate ZEC_USDT+0.0077%8h1,454.5−0.037%$49.3M$190.2M75xas long as short
Aster ZECUSDT+0.0092%8h1,454.9−0.009%$15.3M$34.6M75xas long as short
Katana Perps ZEC-USDshort+0.0095%8h1,454.6−0.029%$13K$871K10x
Lighter ZEC+0.0096%1h1,455.7+0.042%$18.8M$54.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,454.6−0.029%$172K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,454.8−0.020%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456+0.067%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,455.2+0.012%$752.1M$493.8M10xas long as short
Pacifica ZEC+0.0100%1h1,455.10.000%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,454.6−0.028%$663.2M$2.53B75xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458.6+0.243%$395K$522K5xas long as short
Bulk ZEC-USD+0.0100%1h1,445−0.691%$890K$32K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,454.4−0.046%$215.4M$896.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,454.7−0.025%$102.9M$57.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,454.4−0.044%$161.0M$313.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,454.7−0.028%$101.3Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,456.2+0.081%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,457.3+0.157%$490K$9.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.6+0.314%$3.0M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458.8+0.254%$455K$800K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.6+0.109%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.3−0.052%$346K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,454.3−0.052%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,454.8−0.021%$442K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,456.7+0.114%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,455.8+0.054%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,456+0.065%$2.4M$25.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,455.7+0.046%$3.8M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,460.3+0.363%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,455.2+0.013%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,456+0.063%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,455.3+0.015%$868K$1.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,457.7+0.178%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0448%1h1,454.9−0.011%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,456.8+0.117%$750K$8.0M10xas long as short
Lighter RH ZEC+0.0656%1h1,457.3+0.152%$1.9M$8.5M10xas long as short