Funding you earn now, next payment 00:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.018%
Price spread now: Aster against Katana Perps−0.141%45s7-day average −0.020% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.058%−$6 on $10k
+Price spread, last 7 days+0.102%+$10 · spread now −0.141%, 7d avg −0.020%
=Together, before fees+0.044%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.121% cheaper against Katana Perps than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.020%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps ZEC-USD | 1,450.8 | 0.0094 | pay 0.0094% / 8h | 2h 34m | $13K | $871K | 10x |
| Short | Aster ZECUSDT | 1,448.8 | 0.0075 | get 0.0075% / 8h | 2h 34m | $15.3M | $34.6M | 75x |
Katana Perps ZEC-USD
Aster ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Katana Perps. 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
- −$4.06
- Price spread: −0.141% → −0.020%
- −$12.06
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$27.92
- Costs to cover
- 0.118%
- Break-even
- never at this rate
Slippage unknown: Katana Perps: no order-book sample; Aster: live order book, 4 min ago. 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 4 min ago | 0.03 bp | 4.0 bp −$4 | 7.1 bp −$71 | 18.7 bp −$1,873 | 110.3 bp −$55.2K |
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 | −0.3476% | 1h | 1,438.5 | −0.848% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,450.3 | −0.037% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,449.2 | −0.114% | $17.6M | $44.4M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0066% | 8h | 1,450 | −0.054% | $28.8M | $74.7M | 75x | as long as short |
| Variational Omni ZEC | −0.0009% | 8h | 1,449.1 | −0.118% | $45.6M | $32.2M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,449.3 | −0.105% | $408K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,449.8 | −0.069% | $897K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,449.8 | −0.072% | $82K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,449.9 | −0.061% | $590K | $1.3M | 25x | as long as short |
| Bybit ZECUSDT | +0.0003% | 8h | 1,447.6 | −0.219% | $267.9M | $674.9M | 75x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
Bybit ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,450 | −0.059% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0014% | 8h | 1,449.3 | −0.102% | $291K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0030% / S +0.0070% | 1h | 1,449.3 | −0.104% | $543K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0054% | 8h | 1,448.1 | −0.187% | $171.6M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0069% | 8h | 1,447.9 | −0.203% | $48.9M | $187.0M | 75x | as long as short |
| Aster ZECUSDTshort | +0.0075% | 8h | 1,448.8 | −0.141% | $15.3M | $34.6M | 75x | |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,450.8 | 0.000% | $8K | $8K | 5x | as long as short |
| Katana Perps ZEC-USDlong | +0.0094% | 8h | 1,450.8 | long leg | $13K | $871K | 10x | |
| Lighter ZEC | +0.0096% | 1h | 1,450.7 | −0.008% | $18.7M | $54.1M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,450.3 | −0.036% | $177K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,450 | −0.056% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,450 | −0.058% | $3.0M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,448.7 | −0.145% | $749.9M | $490.7M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,450 | −0.059% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,447.9 | −0.198% | $658.9M | $2.53B | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,448.2 | −0.180% | $394K | $518K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,452.5 | +0.116% | $895K | $33K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,448.4 | −0.168% | $218.5M | $888.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,448.8 | −0.137% | $103.5M | $56.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,448.1 | −0.185% | $160.9M | $312.7M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,448.3 | −0.175% | — | $105.4M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,450 | −0.059% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,450.9 | +0.007% | $487K | $9.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,450.3 | −0.038% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,451.4 | +0.041% | $706K | $607K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,451.1 | +0.019% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,449.6 | −0.083% | $298K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,449.7 | −0.080% | $126K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,447.9 | −0.199% | $440K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,451.5 | +0.044% | $4K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,449.4 | −0.095% | $220K | $4.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,449.6 | −0.081% | $2.4M | $24.8M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,449.9 | −0.062% | $3.7M | $5.3M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.3 | +0.105% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,448.3 | −0.172% | $3.2M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,449.5 | −0.089% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,451.1 | +0.017% | $865K | $1.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,452.2 | +0.096% | $3.7M | $11.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0443% | 1h | 1,451.6 | +0.058% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,452.1 | +0.091% | $757K | $7.9M | 10x | as long as short |
| Lighter RH ZEC | +0.0736% | 1h | 1,451.6 | +0.057% | $1.9M | $8.4M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
01 Exchange ZECUSD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
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
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC