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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Nado against Katana Perps+0.014%7-day average +0.038% · you sell dearer than you buy
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 3 days (all we have)+0.002%$0 on $10k
Price spread, last 7 days+0.001%$0 · spread now +0.014%, 7d avg +0.038%
Together, before fees+0.003%+ Points / potential airdropNado: Active · farm board$0 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: Nado is 0.024% cheaper against Katana Perps than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,453.70.0100pay 0.0100% / 8h3h 51m$10K$858K10x
ShortNado ZEC-PERP1,453.90.0100get 0.0012% / 1h51m 15s$2.8M$6.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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: +0.014% → +0.038%
−$2.37
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$13.13
Costs to cover
0.108%
Break-even
2091.1 days
Slippage unknown: Katana Perps: no order-book sample; Nado: live order book, 3 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 Nado live order book, 3 min ago0.03 bp4.7 bp −$510.8 bp −$10848.4 bp −$4,836doesn'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%1h1,455.4+0.116%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,454+0.018%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,454.2+0.036%$29.4M$70.5M75xas long as short
dYdX ZEC-USD0.0000%1h1,454.3+0.041%$410K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,454.4+0.049%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,453.4−0.019%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,454.3+0.038%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,453.8+0.007%$290K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0072% / S −0.0024%1h1,454+0.018%$408K100xas long as short
Popdex ZECUSDT+0.0096%1h1,453.3−0.031%$173K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USDlong+0.0100%8h1,453.7long leg$10K$858K10x
Paradex ZEC-USD-PERP+0.0100%8h1,453.9+0.014%$60K$43K10xas long as short
Nado ZEC-PERPshort+0.0100%1h1,453.9+0.014%$2.8M$6.6M10x
Aster ZECUSDT+0.0100%8h1,454.5+0.056%$14.7M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,453.7+0.002%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,454.2+0.037%$667.9M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,453.6−0.007%$261.0M$600.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,454.2+0.035%$177.8M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,454.1+0.028%$395K$441K5xas long as short
Bulk ZEC-USD+0.0100%1h1,454+0.021%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,453.7−0.002%$50.5M$170.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,454.2+0.036%$214.4M$765.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,454.5+0.054%$102.6M$53.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,454.4+0.048%$165.4M$270.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,454.3+0.038%$105.7Mas long as short
Variational Omni ZEC+0.0100%8h1,454+0.022%$47.7M$32.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,455.8+0.145%$566K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.5+0.194%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457+0.227%$404K$941K50xas long as short
StandX ZEC-USD+0.0100%1h1,455.5+0.122%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,453.8+0.007%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,454+0.024%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,452.7−0.067%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,455.4+0.120%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,454.2+0.035%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,452.7−0.066%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,454.6+0.061%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,454.1+0.025%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,453.8+0.004%$47K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,453.8+0.006%$8K$7K5xas long as short
Phoenix ZEC+0.0116%1h1,457.5+0.261%$4.6M$1.3M10xas long as short
Lighter RH ZEC+0.0120%1h1,455.4+0.119%$2.1M$7.0M10xas long as short
Hyperliquid ZEC+0.0135%1h1,455.4+0.117%$757.0M$428.5M10xas long as short
Lighter ZEC+0.0176%1h1,455.5+0.125%$19.2M$44.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0202%1h1,455.2+0.102%$2.4M$3.9M15xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0210%1h1,454.7+0.069%$614K$1.3M25xas long as short
RISEx ZEC/USDC+0.0216%1h1,453.5−0.015%$920K$1.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,454.2+0.034%$18.0M$45.1M25xas long as short
Arcus ZEC-USD+0.0344%1h1,455.7+0.140%$686K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,456.9+0.221%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0682%1h1,455.7+0.136%$45K$49K10xas long as short