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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.06 per $10,000 · paid last 24h −0.011%
Price spread now: Bitget against Katana Perps−0.068%7-day average −0.003% · 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)−0.088%−$9 on $10k
Price spread, last 7 days+0.060%+$6 · spread now −0.068%, 7d avg −0.003%
Together, before fees−0.028%−$3 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: Bitget is 0.065% cheaper against Katana Perps than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,450.80.0094pay 0.0094% / 8h2h 35m$13K$871K10x
ShortBitget ZECUSDT1,449.80.0100get 0.0100% / 8h2h 35m$161.2M$312.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.16
Price spread: −0.068% → −0.003%
−$6.49
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$21.13
Costs to cover
0.158%
Break-even
134.8 days
Slippage unknown: Katana Perps: no order-book sample; Bitget: 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
LegHalf-spread$10k$100k$1M$5M
Buy Katana Perps no order-book sample
Sell Bitget live order book, 4 min ago0.03 bp7.9 bp −$812.4 bp −$12421.1 bp −$2,106doesn't fit
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−0.3476%1h1,438.1−0.875%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,450.3−0.037%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,449.5−0.091%$17.7M$44.3M25xas long as short
BloFin ZEC-USDT−0.0066%8h1,451.6+0.054%$28.8M$74.8M75xas long as short
Variational Omni ZEC−0.0017%8h1,451.4+0.040%$45.5M$32.1Mas long as short
dYdX ZEC-USD0.0000%1h1,449.3−0.105%$408K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,450.4−0.030%$898K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,449.9−0.060%$82K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,449.5−0.089%$590K$1.3M25xas long as short
Bybit ZECUSDT+0.0003%8h1,449.2−0.108%$268.3M$675.4M75xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,450.5−0.022%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0013%8h1,448.8−0.137%$290K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0032% / S +0.0069%1h1,450.5−0.024%$543K100xas long as short
OKX ZEC-USDT-SWAP+0.0054%8h1,449.9−0.066%$171.9M$1.35B50xas long as short
Gate ZEC_USDT+0.0069%8h1,450.3−0.033%$49.0M$186.7M75xas long as short
Aster ZECUSDT+0.0075%8h1,449.8−0.069%$15.3M$34.6M75xas long as short
01 Exchange ZECUSD+0.0080%1h1,450.80.000%$8K$8K5xas long as short
Katana Perps ZEC-USDlong+0.0094%8h1,450.8long leg$13K$871K10x
Lighter ZEC+0.0096%1h1,451.1+0.017%$18.7M$54.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,450.3−0.036%$177K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,450−0.056%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,450−0.058%$3.0M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,450.7−0.008%$751.2M$490.0M10xas long as short
Pacifica ZEC+0.0100%1h1,450−0.059%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,450.4−0.031%$660.0M$2.53B75xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,448.2−0.180%$394K$518K5xas long as short
Bulk ZEC-USD+0.0100%1h1,452.5+0.116%$895K$33K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,450−0.057%$219.4M$888.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,449.6−0.081%$103.4M$56.6M75xas long as short
Bitget ZECUSDTshort+0.0100%8h1,449.8−0.068%$161.2M$312.6M75x
BingX ZEC-USDC+0.0100%8h1,449.2−0.113%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,450.4−0.026%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,450.9+0.007%$487K$9.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,450.3−0.038%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,451.4+0.041%$706K$607K50xas long as short
StandX ZEC-USD+0.0100%1h1,451.1+0.019%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,449.6−0.083%$298K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,450.6−0.017%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,447.6−0.224%$440K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,453+0.151%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,449.1−0.116%$220K$4.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,449−0.124%$2.4M$24.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,449.7−0.076%$3.7M$5.3M50xas long as short
Phoenix ZEC+0.0103%1h1,452.3+0.105%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,450.1−0.047%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,449.1−0.116%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,451.1+0.017%$865K$1.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,450.7−0.010%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0448%1h1,452+0.083%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,452.1+0.091%$757K$7.9M10xas long as short
Lighter RH ZEC+0.0736%1h1,452.1+0.085%$1.9M$8.4M10xas long as short