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+0.0005%/8h= +0.5% APRnext payment +$0.05 per $10,000 · paid last 24h +0.001%
Price spread now: HTX against Katana Perps−0.044%7-day average −0.009% · 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)−0.087%−$9 on $10k
Price spread, last 3 days (all we have)+0.581%+$58 · spread now −0.044%, 7d avg −0.009%
Together, before fees+0.494%+$49 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: HTX is 0.035% cheaper against Katana Perps than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,4620.0095pay 0.0095% / 8h2h 03m$13K$862K10x
ShortHTX ZEC-USDT1,461.30.0100get 0.0100% / 8h2h 03m$2.4M$24.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0.97
Price spread: −0.044% → −0.009%
−$3.47
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$18.3
Costs to cover
0.158%
Break-even
139.6 days
Slippage unknown: Katana Perps: no order-book sample; HTX: live order book, 6 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 HTX live order book, 6 min ago2.47 bp8.5 bp −$916.3 bp −$16347.8 bp −$4,775doesn'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%1h1,446.2−1.083%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0091%8h1,460−0.133%$28.9M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,461.8−0.014%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,461.6−0.027%$17.7M$44.7M25xas long as short
Bybit ZECUSDT−0.0036%8h1,460.8−0.083%$269.4M$678.6M75xas long as short
Variational Omni ZEC−0.0014%8h1,458.9−0.211%$45.7M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,462.1+0.005%$412K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,4620.000%$935K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,461.3−0.045%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,462.4+0.030%$595K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ZEC-USD.P+0.0005%1h1,460.7−0.088%$396K$516K5xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,462+0.002%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0014% / S +0.0075%1h1,461.9−0.004%$559K100xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,461.7−0.018%$293K$1.5M20xas long as short
01 Exchange ZECUSD+0.0040%1h1,462.4+0.029%$8K$8K5xas long as short
Gate ZEC_USDT+0.0055%8h1,461.7−0.021%$49.9M$191.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0056%8h1,461.7−0.023%$174.9M$1.37B50xas long as short
Katana Perps ZEC-USDlong+0.0095%8h1,462long leg$13K$862K10x
Lighter ZEC+0.0096%1h1,463.4+0.099%$18.9M$54.8M20xas long as short
Popdex ZECUSDT+0.0096%1h1,461.6−0.023%$174K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,461.7−0.016%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.6+0.040%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,463+0.070%$758.5M$495.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,461.7−0.021%$15.4M$33.8M75xas long as short
Pacifica ZEC+0.0100%1h1,462.4+0.026%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,461.6−0.023%$668.5M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,461.9−0.009%$222.8M$900.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,461.9−0.008%$103.2M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,461.7−0.021%$161.7M$311.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,461.6−0.029%$101.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,462.6+0.041%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,460.8−0.084%$508K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,461.7−0.017%$3.0M$492K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461.1−0.061%$429K$816K50xas long as short
StandX ZEC-USD+0.0100%1h1,462.4+0.030%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,461.6−0.026%$343K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,461.5−0.031%$128K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,460.3−0.112%$446K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,463.7+0.116%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,461.7−0.016%$222K$4.7M10xas long as short
HTX ZEC-USDTshort+0.0100%8h1,461.3−0.044%$2.4M$24.6M75x
Phemex ZECUSDT+0.0100%8h1,461.6−0.029%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,456.7−0.361%$897K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,462+0.003%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,462.3+0.023%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,461.7−0.022%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,462.4+0.026%$844K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,464+0.140%$3.7M$11.7M50xas long as short
Aftermath Perps ZECUSD+0.0493%1h1,460.8−0.084%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,462.4+0.030%$742K$8.0M10xas long as short
Lighter RH ZEC+0.0560%1h1,463.9+0.131%$2.0M$8.5M10xas long as short