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% APRpaid last 24h +0.001%
Price spread now: edgeX against Katana Perps−0.219%55s7-day average −0.059% · 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)+0.008%+$1 on $10k
Price spread, last 7 days+0.171%+$17 · spread now −0.219%, 7d avg −0.059%
Together, before fees+0.179%+ Points / potential airdropedgeX: Active · farm board+$18 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: edgeX is 0.160% cheaper against Katana Perps than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.059%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,466.50.0100pay 0.0100% / 8h3h 00m$14K$799K10x
ShortedgeX ZECUSDC1,463.20.0100get 0.0050% / 4h3h 00m$569K$8.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$0.04
Price spread: −0.219% → −0.059%
−$16
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$28.75
Costs to cover
0.128%
Break-even
4570.9 days
Slippage unknown: Katana Perps: no order-book sample; edgeX: 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 edgeX live order book, 4 min ago0.68 bp5.3 bp −$59.2 bp −$92doesn't fitdoesn'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−0.3042%1h1,463−0.236%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,464.4−0.139%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0072%8h1,463.3−0.218%$29.7M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,465.5−0.063%$407K$37K5xas long as short
Perpl ZEC0.0000%43m1,464.6−0.123%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,466−0.031%$5.2M150xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0055%1h1,467+0.035%$617K$1.3M25xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,466.1−0.027%$293K$900K20xas long as short
Ondo Perps ZEC-USD.P+0.0075%1h1,462.4−0.276%$397K$436K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0091% / S −0.0043%1h1,466−0.034%$437K100xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,465.5−0.066%$174K$1.6M50xas long as short
Katana Perps ZEC-USDlong+0.0100%8h1,466.5long leg$14K$799K10x
Paradex ZEC-USD-PERP+0.0100%8h1,465.9−0.040%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,466.1−0.023%$2.9M$6.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,466.1−0.022%$14.5M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,465.6−0.057%$1.7M$2.3M10xas long as short
Binance ZECUSDT+0.0100%8h1,466.1−0.021%$675.8M$2.17B75xas long as short
Bybit ZECUSDT+0.0100%8h1,465.8−0.044%$262.1M$586.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,465.9−0.041%$179.0M$1.21B50xas long as short
Bulk ZEC-USD+0.0100%1h1,462.8−0.248%$884K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,466−0.033%$52.7M$174.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,466−0.030%$218.6M$777.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,465.7−0.051%$103.2M$52.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.5+0.006%$166.7M$267.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,466.1−0.022%$106.9Mas long as short
Variational Omni ZEC+0.0100%8h1,462.9−0.239%$48.0M$32.4Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,463.2−0.219%$569K$8.5M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,465.7−0.049%$3.0M$453K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,463−0.234%$404K$921K50xas long as short
StandX ZEC-USD+0.0100%1h1,463.2−0.224%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,466−0.031%$358K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,465.9−0.041%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.2−0.087%$447K$504K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,468.4+0.132%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.2−0.016%$235K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,465−0.099%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,465.4−0.072%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,466.2−0.016%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,465.9−0.035%$47K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,465.7−0.053%$8K$7K5xas long as short
Phoenix ZEC+0.0116%1h1,463.3−0.218%$4.7M$1.3M10xas long as short
Kalshi KXZECPERP+0.0123%8h1,463.6−0.195%$1.5M$4.4M2.2xas long as short
Lighter RH ZEC+0.0128%1h1,466.4−0.001%$2.1M$7.1M10xas long as short
Hyperliquid ZEC+0.0148%1h1,466.7+0.017%$764.2M$419.7M10xas long as short
Lighter ZEC+0.0168%1h1,466.8+0.021%$19.4M$45.8M20xas long as short
RISEx ZEC/USDC+0.0216%1h1,465.9−0.036%$927K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0313%1h1,465.1−0.093%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0331%1h1,465.8−0.045%$18.0M$45.6M25xas long as short
Arcus ZEC-USD+0.0344%1h1,466.8+0.022%$673K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,468.1+0.110%$3.9M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0682%1h1,464.7−0.118%$45K$49K10xas long as short