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+0.0007%/8h= +0.8% APRpaid last 24h +0.009%
Price spread now: Extended against Katana Perps−0.079%7-day average −0.035% · 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)−0.001%$0 on $10k
Price spread, last 7 days+0.029%+$3 · spread now −0.079%, 7d avg −0.035%
Together, before fees+0.028%+ Points / potential airdropExtended: Active · farm board+$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: Extended is 0.044% cheaper against Katana Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,474.10.0097pay 0.0097% / 8h52m 25s$12K$828K10x
ShortExtended ZEC-USD1,472.90.0104get 0.0013% / 1h52m 25s$3.3M$6.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$1.52
Price spread: −0.079% → −0.035%
−$4.38
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$11.66
Costs to cover
0.088%
Break-even
60.6 days
Slippage unknown: Katana Perps: no order-book sample; Extended: live order book, 2 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 Extended live order book, 2 min ago1.18 bp6.2 bp −$614.1 bp −$14157.0 bp −$5,696doesn'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−0.3089%1h1,475.9+0.120%$34K$275K12xas long as short
ApeX Omni ZECUSDT−0.0365%1h1,474−0.004%$432K$827K50xas long as short
Ondo Perps ZEC-USD.P−0.0334%1h1,473.5−0.040%$400K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,472.5−0.107%$17.9M$44.6M25xas long as short
BloFin ZEC-USDT−0.0111%8h1,474.5+0.028%$29.5M$75.7M75xas long as short
Bybit ZECUSDT−0.0087%8h1,471.8−0.155%$273.2M$661.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,474.2+0.005%$6K$2K10xas long as short
Variational Omni ZEC−0.0037%8h1,473.4−0.046%$47.0M$33.5Mas long as short
dYdX ZEC-USD0.0000%1h1,473.7−0.023%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,476.4+0.159%$901K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,473.3−0.052%$84K$404K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,473.4−0.048%$615K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,473.3−0.052%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,472.6−0.102%$294K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,475.6+0.103%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0009%1h1,473.1−0.064%$366K100xas long as short
OKX ZEC-USDT-SWAP+0.0039%8h1,472.1−0.138%$180.3M$1.35B50xas long as short
Gate ZEC_USDT+0.0042%8h1,473.1−0.064%$50.7M$184.1M75xas long as short
01 Exchange ZECUSD+0.0048%1h1,473.9−0.016%$8K$8K5xas long as short
SoDEX ZEC-USD+0.0068%1h1,472.3−0.124%$226K$4.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,473.2−0.061%$176K$1.9M50xas long as short
Katana Perps ZEC-USDlong+0.0097%8h1,474.1long leg$12K$828K10x
Paradex ZEC-USD-PERP+0.0100%8h1,473.8−0.020%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.3+0.015%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,474.5+0.025%$765.2M$473.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,473.4−0.048%$15.6M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,474.2+0.009%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.9−0.078%$681.5M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,475+0.060%$714K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471.1−0.201%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.9−0.081%$222.9M$830.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473.3−0.056%$104.2M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.6−0.101%$162.6M$303.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,473.6−0.033%$102.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,474.3+0.014%$513K$9.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,475.5+0.097%$3.0M$466K10xas long as short
StandX ZEC-USD+0.0100%1h1,475.5+0.098%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,473.1−0.067%$347K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.9−0.083%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.9−0.213%$448K$503K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,474.8+0.050%$3K$1.2M20xas long as short
HTX ZEC-USDT+0.0100%8h1,473.2−0.061%$2.5M$23.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,474.8+0.051%$3.9M$5.3M50xas long as short
Extended ZEC-USDshort+0.0104%1h1,472.9−0.079%$3.3M$6.9M10x
Aevo ZEC-PERP+0.0104%1h1,472.3−0.124%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,474.2+0.009%$836K$1.2M10xas long as short
Lighter ZEC+0.0144%1h1,475.5+0.092%$19.1M$52.1M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,476.8+0.185%$3.8M$11.0M50xas long as short
Lighter RH ZEC+0.0504%1h1,475.7+0.110%$2.0M$8.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0552%1h1,475.6+0.101%$2.4M$3.7M15xas long as short
Aftermath Perps ZECUSD+0.0632%1h1,474.4+0.023%$46K$47K10xas long as short