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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.009%
Price spread now: Katana Perps against Extended+0.020%7-day average +0.032% · you sell dearer than you buy
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)+0.006%+$1 on $10k
Price spread, last 7 days−0.011%−$1 · spread now +0.020%, 7d avg +0.032%
Together, before fees−0.005%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,457.50.0104pay 0.0013% / 1h15m 02s$2.8M$7.7M10x
ShortKatana Perps ZEC-USD1,457.80.0100get 0.0100% / 8h5h 15m$15K$875K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against Extended. 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
−$0.88
Price spread: +0.020% → +0.032%
−$1.23
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$10.92
Costs to cover
0.088%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 4 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 Extended live order book, 4 min ago0.66 bp4.0 bp −$48.4 bp −$84232.4 bp −$23.2Kdoesn'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%1h1,463.5+0.410%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0084%8h1,458.1+0.041%$29.3M$70.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,463.4+0.407%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,457.7+0.011%$410K$43K5xas long as short
Kalshi KXZECPERP0.0000%8h1,462.1+0.318%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,458.1+0.038%$83K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.3−0.016%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0050%8h1,457.8+0.023%$292K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,457.5−0.003%$409K100xas long as short
Phoenix ZEC+0.0074%1h1,461.9+0.304%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,458.1+0.041%$173K$1.7M50xas long as short
Katana Perps ZEC-USDshort+0.0100%8h1,457.8+0.020%$15K$875K10x
Paradex ZEC-USD-PERP+0.0100%8h1,457.9+0.027%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,458+0.033%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458.9+0.096%$758.0M$434.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,458+0.032%$14.5M$28.1M75xas long as short
Pacifica ZEC+0.0100%1h1,458.5+0.070%$1.7M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.6+0.010%$667.6M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,457.5+0.001%$264.8M$605.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,457.9+0.024%$178.4M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,460.5+0.206%$396K$439K5xas long as short
Bulk ZEC-USD+0.0100%1h1,456.1−0.096%$882K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,457.8+0.017%$49.8M$174.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.8+0.017%$216.8M$780.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.9+0.027%$102.1M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457.8+0.023%$162.2M$273.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,458+0.034%$97.0Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,458.2+0.048%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,462.2+0.325%$47.8M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,460.6+0.216%$570K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,462.3+0.328%$3.0M$432K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461+0.242%$411K$909K50xas long as short
StandX ZEC-USD+0.0100%1h1,462.9+0.372%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.2−0.020%$375K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.8+0.018%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.6−0.062%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,460.1+0.180%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457.6+0.010%$233K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,456.5−0.069%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,458+0.035%$3.8M$5.1M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,457.5long leg$2.8M$7.7M10x
Aevo ZEC-PERP+0.0104%1h1,457.6+0.007%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0152%1h1,458.2+0.045%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,457.6+0.008%$18.0M$44.6M25xas long as short
Lighter ZEC+0.0232%1h1,459.3+0.123%$19.1M$46.7M20xas long as short
Arcus ZEC-USD+0.0277%1h1,459.2+0.116%$701K$8.5M10xas long as short
Lighter RH ZEC+0.0384%1h1,459.7+0.150%$2.0M$6.9M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0398%1h1,458.7+0.083%$613K$1.3M25xas long as short
RISEx ZEC/USDC+0.0409%1h1,458.5+0.068%$834K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,459.4+0.128%$3.7M$9.2M50xas long as short
Aftermath Perps ZECUSD+0.0689%1h1,459.7+0.154%$45K$49K10xas long as short