Funding you earn now, next payment 06:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.053%
Price spread now: Katana Perps against Hotstuff+0.249%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Katana Perps is 0.249% dearer against Hotstuff than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff ZEC-PERP | 1,493 | −0.0080 | get 0.0010% / 1h | 21m 16s | $6K | $1K | 10x |
| Short | Katana Perps ZEC-USD | 1,496.8 | 0.0100 | get 0.0100% / 8h | 2h 21m | $12K | $830K | 10x |
Hotstuff ZEC-PERP
Katana Perps ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against Hotstuff. 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
- $37.76
- Price spread: +0.249% → 0.000%
- $24.92
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- $53.87
- Costs to cover
- 0.088%
- Break-even
- from the start
Slippage unknown: Hotstuff: 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Hotstuff 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 | 1,493 | −0.001% | $34K | $273K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0098% | 8h | 1,482.6 | −0.696% | $30.1M | $71.9M | 75x | as long as short |
| Hotstuff ZEC-PERPlong | −0.0080% | 1h | 1,493 | long leg | $6K | $1K | 10x | |
| dYdX ZEC-USD | 0.0000% | 1h | 1,493 | 0.000% | $415K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,482.5 | −0.708% | $1.6M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,494.9 | +0.126% | $85K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0007% | 1h | 1,495.1 | +0.141% | $5.3M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,494.4 | +0.092% | $299K | $896K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,496.5 | +0.230% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0092% | 1h | 1,475.1 | −1.201% | $4.7M | $1.3M | 10x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Phoenix ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZECUSDT | +0.0095% | 8h | 1,494.5 | +0.097% | $268.2M | $602.2M | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,496.8 | +0.254% | $181K | $1.6M | 50x | as long as short |
| Katana Perps ZEC-USDshort | +0.0100% | 8h | 1,496.8 | +0.249% | $12K | $830K | 10x | |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,493.3 | +0.019% | $62K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,495 | +0.135% | $2.8M | $6.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,496 | +0.199% | $780.2M | $424.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,495 | +0.135% | $14.7M | $28.6M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,492.9 | −0.007% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,495 | +0.135% | $693.9M | $2.19B | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,494.5 | +0.100% | $180.5M | $1.25B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,489 | −0.270% | $403K | $438K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,479.3 | −0.921% | $894K | $15K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,495.1 | +0.140% | $54.2M | $173.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,495.2 | +0.142% | $231.6M | $768.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,496.3 | +0.220% | $106.1M | $53.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,495.1 | +0.137% | $168.1M | $270.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,496.1 | +0.205% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,473.7 | −1.296% | $48.3M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,479.1 | −0.935% | $558K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,481.5 | −0.774% | $3.0M | $462K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,481.5 | −0.774% | $410K | $927K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,484 | −0.602% | $50K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,495.8 | +0.186% | $369K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,494.8 | +0.121% | $164K | $183K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,493.6 | +0.035% | $456K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,497.2 | +0.281% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,494.2 | +0.080% | $247K | $3.3M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,492.3 | −0.048% | $2.5M | $19.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,494.3 | +0.088% | $3.9M | $4.8M | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0101% / S −0.0053% | 1h | 1,494.8 | +0.116% | $449K | — | 100x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,494.7 | +0.113% | $2.8M | $7.8M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,495.1 | +0.142% | $45K | $153K | 20x | as long as short |
| Lighter RH ZEC | +0.0120% | 1h | 1,494 | +0.062% | $2.1M | $7.2M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0144% | 1h | 1,494.2 | +0.079% | $18.2M | $45.8M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,494.6 | +0.106% | $940K | $1.1M | 10x | as long as short |
| Lighter ZEC | +0.0200% | 1h | 1,494.2 | +0.078% | $19.7M | $44.1M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0373% | 1h | 1,495.5 | +0.164% | $636K | $1.3M | 25x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0389% | 1h | 1,492.2 | −0.057% | $2.4M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,496.2 | +0.211% | $3.8M | $9.5M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,494.2 | +0.080% | $640K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0709% | 1h | 1,480.6 | −0.831% | $45K | $49K | 10x | as long as short |
Bybit ZECUSDT
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
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]
Extended ZEC-USD
Aevo ZEC-PERP
Lighter RH ZEC
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD