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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Katana Perps against HTX−0.114%7-day average +0.013% · 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)+0.087%+$9 on $10k
Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.114%, 7d avg +0.013%
Together, before fees+0.058%+$6 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 0.128% cheaper against HTX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ZEC-USDT1,4810.0100pay 0.0100% / 8h2h 22m$2.5M$18.9M75x
ShortKatana Perps ZEC-USD1,479.30.0100get 0.0100% / 8h2h 22m$11K$824K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against HTX. 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: −0.114% → +0.013%
−$12.76
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$28.6
Costs to cover
0.158%
Break-even
never at this rate
Slippage unknown: HTX: 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 HTX live order book, 1 min ago1.55 bp8.6 bp −$915.0 bp −$15041.7 bp −$4,169doesn'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−0.3243%1h1,461.8−1.298%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0098%8h1,482.6+0.111%$30.1M$71.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,479.5−0.103%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,480−0.065%$411K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,480.5−0.032%$1.6M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,479.1−0.128%$85K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0007%1h1,479.5−0.103%$5.3M150xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0050%1h1,480.3−0.051%$629K$1.3M25xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,479.3−0.113%$296K$896K20xas long as short
01 Exchange ZECUSD+0.0064%1h1,480.1−0.064%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0092%8h1,481.3+0.020%$264.0M$598.1M75xas long as short
Phoenix ZEC+0.0092%1h1,475.1−0.398%$4.7M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,479.7−0.085%$174K$1.6M50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0100% / S −0.0054%1h1,479.3−0.117%$441K100xas long as short
Katana Perps ZEC-USDshort+0.0100%8h1,479.3−0.114%$11K$824K10x
Paradex ZEC-USD-PERP+0.0100%8h1,479.3−0.112%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,479.9−0.077%$2.9M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,482.8+0.122%$773.9M$422.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,481.3+0.023%$14.5M$28.2M75xas long as short
Pacifica ZEC+0.0100%1h1,479.9−0.073%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,480.6−0.027%$687.2M$2.18B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,481.1+0.008%$180.3M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,474.6−0.432%$400K$433K5xas long as short
Bulk ZEC-USD+0.0100%1h1,472.4−0.580%$889K$15K10xas long as short
Gate ZEC_USDT+0.0100%8h1,481.8+0.051%$53.7M$172.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,481.6+0.040%$228.6M$766.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,481.8+0.057%$105.6M$53.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,481.6+0.039%$167.1M$269.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,480.4−0.043%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,473.7−0.494%$48.3M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,475−0.406%$556K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,477.9−0.207%$3.0M$462K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,472.9−0.545%$407K$926K50xas long as short
StandX ZEC-USD+0.0100%1h1,479.1−0.126%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,479.5−0.101%$365K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,479.4−0.106%$163K$183K20xas long as short
Derive ZEC-PERP+0.0100%1h1,478.6−0.161%$451K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,481.6+0.042%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,480.1−0.059%$245K$3.2M10xas long as short
HTX ZEC-USDTlong+0.0100%8h1,481long leg$2.5M$18.9M75x
Phemex ZECUSDT+0.0100%8h1,481.5+0.032%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,481.4+0.029%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,479.6−0.098%$45K$153K20xas long as short
Lighter RH ZEC+0.0120%1h1,481.9+0.059%$2.1M$7.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0145%1h1,480.1−0.064%$18.1M$45.7M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,479.9−0.071%$934K$1.1M10xas long as short
Lighter ZEC+0.0192%1h1,481.9+0.060%$19.6M$44.1M20xas long as short
Backpack ZEC_USDC_PERP+0.0393%1h1,482.5+0.099%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,482.2+0.084%$3.7M$9.3M50xas long as short
Arcus ZEC-USD+0.0508%1h1,480.9−0.009%$655K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0707%1h1,476−0.337%$45K$49K10xas long as short