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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Katana Perps against edgeX−0.554%7-day average +0.058% · 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)−0.003%$0 on $10k
Price spread, last 7 days+0.559%+$56 · spread now −0.554%, 7d avg +0.058%
Together, before fees+0.556%+ Points / potential airdropedgeX: Active · farm board+$56 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 0.612% cheaper against edgeX than usual: you would sell low and buy high, −$61 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,456.50.0100pay 0.0050% / 4h1h 38m$567K$8.8M20x
ShortKatana Perps ZEC-USD1,448.40.0100get 0.0100% / 8h5h 38m$13K$855K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against edgeX. 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: −0.554% → +0.058%
−$61.16
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$74
Costs to cover
0.128%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 5 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 edgeX live order book, 5 min ago0.38 bp4.9 bp −$58.4 bp −$84doesn'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−0.3244%1h1,453.3−0.219%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,453.1−0.231%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0079%8h1,449.9−0.447%$29.3M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,449.9−0.450%$408K$45K5xas long as short
Kalshi KXZECPERP0.0000%8h1,449.8−0.455%$957K$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,450−0.444%$83K$248K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,448.5−0.543%$609K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,449.7−0.466%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0039%8h1,448.8−0.527%$289K$979K20xas long as short
Ondo Perps ZEC-USD.P+0.0043%1h1,450−0.443%$396K$432K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0053% / S −0.0009%1h1,449.6−0.468%$374K100xas long as short
Phoenix ZEC+0.0074%1h1,454.9−0.105%$4.6M$1.4M10xas long as short
Gate ZEC_USDT+0.0090%8h1,448−0.581%$49.2M$172.1M75xas long as short
Popdex ZECUSDT+0.0096%1h1,449.2−0.496%$172K$1.8M50xas long as short
Katana Perps ZEC-USDshort+0.0100%8h1,448.4−0.554%$13K$855K10x
Paradex ZEC-USD-PERP+0.0100%8h1,451.2−0.362%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,450.1−0.436%$2.5M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,450.8−0.388%$755.1M$432.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,448.6−0.536%$14.4M$28.9M75xas long as short
Pacifica ZEC+0.0100%1h1,451.2−0.359%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,448.5−0.550%$665.0M$2.26B75xas long as short
Bybit ZECUSDT+0.0100%8h1,448.6−0.536%$266.5M$609.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,449.6−0.471%$178.5M$1.23B50xas long as short
Bulk ZEC-USD+0.0100%1h1,458.7+0.151%$886K$16K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,448.5−0.549%$211.9M$773.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,448.3−0.557%$101.7M$55.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,448−0.583%$160.5M$277.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,448.6−0.537%$97.4Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,449.5−0.478%$2.3M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,454.9−0.106%$47.2M$32.0Mas long as short
edgeX ZECUSDClong+0.0100%4h1,456.5long leg$567K$8.8M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,459.3+0.193%$3.0M$418K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458.9+0.165%$420K$883K50xas long as short
StandX ZEC-USD+0.0100%1h1,454.4−0.143%$70K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,450.3−0.423%$322K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,450.1−0.433%$126K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,447.3−0.630%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,451.3−0.352%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,449.1−0.508%$232K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,448.6−0.541%$2.6M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,450.1−0.436%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,447.7−0.598%$2.8M$7.7M10xas long as short
01 Exchange ZECUSD+0.0104%1h1,449.8−0.458%$8K$7K5xas long as short
Aevo ZEC-PERP+0.0104%1h1,448.4−0.550%$48K$155K20xas long as short
Lighter ZEC+0.0144%1h1,450.7−0.398%$19.0M$46.2M20xas long as short
Kraken Futures PF_ZECUSD+0.0197%1h1,449.2−0.498%$17.7M$44.2M25xas long as short
Arcus ZEC-USD+0.0277%1h1,453−0.236%$721K$8.5M10xas long as short
Lighter RH ZEC+0.0312%1h1,451−0.374%$2.0M$6.8M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,449.6−0.469%$823K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,449.8−0.456%$3.6M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0710%1h1,458.3+0.127%$43K$46K10xas long as short