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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h −0.015%
Price spread now: OKX against Katana Perps−0.258%7-day average −0.004% · 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)−0.061%−$6 on $10k
Price spread, last 7 days+0.222%+$22 · spread now −0.258%, 7d avg −0.004%
Together, before fees+0.160%+$16 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: OKX is 0.255% cheaper against Katana Perps than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,5020.0098pay 0.0098% / 8h38m 00s$14K$878K10x
ShortOKX ZEC-USDT-SWAP1,498.10.0100get 0.0100% / 8h38m 00s$183.8M$1.34B50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0.48
Price spread: −0.258% → −0.004%
−$25.45
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$38.78
Costs to cover
0.138%
Break-even
576.4 days
Slippage unknown: Katana Perps: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago0.03 bp5.4 bp −$58.1 bp −$8118.5 bp −$1,850doesn'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−0.3442%1h1,504.2+0.148%$37K$275K12xas long as short
Perpl ZEC−0.0447%43m1,499.4−0.173%$61K$304K10xas long as short
BloFin ZEC-USDT−0.0166%8h1,503.7+0.115%$30.9M$75.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,503.5+0.101%$6K$1K10xas long as short
Aftermath Perps ZECUSD−0.0078%1h1,501.7−0.020%$48K$59K10xas long as short
dYdX ZEC-USD0.0000%1h1,503.8+0.124%$418K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,502.3+0.022%$1.5M$4.4M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,499.4−0.169%$685K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,499.1−0.191%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,498.8−0.209%$18.0M$47.2M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk ZEC-USD+0.0021%1h1,505.9+0.262%$910K$2K10xas long as short
Ondo Perps ZEC-USD.P+0.0072%1h1,500.8−0.077%$411K$563K5xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,498.6−0.221%$302K$1.1M20xas long as short
Phoenix ZEC+0.0096%1h1,505.2+0.216%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,500.7−0.085%$175K$1.8M50xas long as short
Katana Perps ZEC-USDlong+0.0098%8h1,502long leg$14K$878K10x
Paradex ZEC-USD-PERP+0.0100%8h1,503+0.072%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,501.6−0.024%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,500.1−0.123%$783.8M$444.3M10xas long as short
Aster ZECUSDT+0.0100%8h1,498.8−0.209%$14.1M$31.2M75xas long as short
Pacifica ZEC+0.0100%1h1,503.1+0.077%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,499−0.196%$701.3M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,498.4−0.235%$269.7M$623.4M75xas long as short
OKX ZEC-USDT-SWAPshort+0.0100%8h1,498.1−0.258%$183.8M$1.34B50x
Gate ZEC_USDT+0.0100%8h1,498.4−0.238%$56.2M$183.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,498.6−0.222%$237.6M$795.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,498.7−0.219%$103.2M$57.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,498.3−0.242%$161.9M$290.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,498.7−0.218%$118.2Mas long as short
Variational Omni ZEC+0.0100%8h1,503+0.067%$49.1M$34.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,503.5+0.106%$575K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,505.6+0.244%$3.1M$507K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,504.4+0.163%$414K$946K50xas long as short
StandX ZEC-USD+0.0100%1h1,503.1+0.075%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,500.8−0.077%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,499.4−0.170%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,498.1−0.255%$457K$489K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,501.9−0.005%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,498.6−0.226%$253K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,498.3−0.246%$2.7M$20.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,499.4−0.172%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,498.2−0.248%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,498.9−0.202%$43K$151K20xas long as short
Lighter RH ZEC+0.0112%1h1,500.4−0.101%$2.1M$7.4M10xas long as short
01 Exchange ZECUSD+0.0112%1h1,501.2−0.053%$8K$6K5xas long as short
RISEx ZEC/USDC+0.0128%1h1,501.8−0.008%$945K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0163% / S −0.0203%1h1,499.3−0.176%$436K100xas long as short
Lighter ZEC+0.0216%1h1,500.3−0.111%$19.8M$45.4M20xas long as short
Arcus ZEC-USD+0.0403%1h1,502.5+0.035%$607K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,501.5−0.029%$3.7M$10.2M50xas long as short
Backpack ZEC_USDC_PERP+0.0552%1h1,499.1−0.190%$2.3M$3.9M15xas long as short