Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.017%
Price spread now: Bulk against Katana Perps+0.148%7-day average −0.013% · 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)−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.148%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.161% dearer against Katana Perps than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps ZEC-USD | 1,447.3 | 0.0100 | pay 0.0100% / 8h | 4h 47m | $10K | $874K | 10x |
| Short | Bulk ZEC-USD | 1,449.4 | 0.0100 | get 0.0013% / 1h | 47m 21s | $876K | $23K | 10x |
Katana Perps ZEC-USD
Bulk ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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
- $0.04
- Price spread: +0.148% → −0.013%
- $16.11
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- $5.35
- Costs to cover
- 0.108%
- Break-even
- from the start
Slippage unknown: Katana Perps: no order-book sample; Bulk: live order book, 12 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 Bulk live order book, 12 min ago | 0.03 bp | 3.5 bp −$4 | 3.5 bp −$35 | 9.1 bp −$905 | 18.3 bp −$9,159 |
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 | −0.3166% | 1h | 1,448 | +0.046% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,447.6 | +0.021% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0074% | 8h | 1,446.4 | −0.059% | $29.1M | $70.3M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,447 | −0.022% | $407K | $40K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,447.7 | +0.028% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,448.2 | +0.061% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,447.7 | +0.028% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0058% | 8h | 1,447.2 | −0.006% | $290K | $958K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0064% / S −0.0015% | 1h | 1,448.2 | +0.063% | $407K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,448.1 | +0.059% | $8K | $7K | 5x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,447.9 | +0.041% | $173K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USDlong | +0.0100% | 8h | 1,447.3 | long leg | $10K | $874K | 10x | |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,447.4 | +0.011% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,447.7 | +0.031% | $2.5M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,448.8 | +0.104% | $753.5M | $434.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,447.8 | +0.034% | $14.4M | $27.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,447.5 | +0.012% | $1.6M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,447.9 | +0.041% | $664.1M | $2.22B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,447.2 | −0.010% | $261.0M | $602.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,447.7 | +0.026% | $176.8M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,445.7 | −0.110% | $394K | $442K | 5x | as long as short |
| Bulk ZEC-USDshort | +0.0100% | 1h | 1,449.4 | +0.148% | $876K | $23K | 10x | |
| Gate ZEC_USDT | +0.0100% | 8h | 1,447.8 | +0.037% | $50.0M | $172.5M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,447.9 | +0.039% | $214.9M | $768.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,447.8 | +0.036% | $101.9M | $54.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,447.7 | +0.026% | $164.3M | $273.9M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,447.9 | +0.040% | — | $100.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,447.9 | +0.039% | $2.5M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,447.2 | −0.010% | $47.4M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,446.4 | −0.059% | $563K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,447.7 | +0.029% | $3.0M | $437K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,446.8 | −0.037% | $402K | $920K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,448.1 | +0.053% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,447.7 | +0.028% | $364K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,448.2 | +0.066% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,446.4 | −0.064% | $442K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,450.7 | +0.234% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,447.1 | −0.014% | $232K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,446.4 | −0.065% | $2.6M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,447.4 | +0.006% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,447.5 | +0.017% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,447.1 | −0.012% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,448.9 | +0.112% | $4.6M | $1.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0259% | 1h | 1,447.8 | +0.038% | $608K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0279% | 1h | 1,447 | −0.018% | $17.9M | $44.9M | 25x | as long as short |
| Lighter ZEC | +0.0368% | 1h | 1,448.7 | +0.098% | $19.0M | $45.9M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0412% | 1h | 1,448.1 | +0.058% | $931K | $1.1M | 10x | as long as short |
| Lighter RH ZEC | +0.0424% | 1h | 1,449 | +0.118% | $2.0M | $6.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,449.3 | +0.141% | $3.8M | $9.0M | 50x | as long as short |
| Arcus ZEC-USD | +0.0626% | 1h | 1,449.7 | +0.164% | $737K | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0670% | 1h | 1,449.2 | +0.134% | $44K | $49K | 10x | as long as short |
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
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
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Lighter ZEC
RISEx ZEC/USDC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD