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= +0.3% APRpaid last 24h +0.001%
Price spread now: Pacifica against Katana Perps−0.067%7-day average −0.007% · 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)−0.015%−$2 on $10k
Price spread, last 7 days+0.009%+$1 · spread now −0.067%, 7d avg −0.007%
Together, before fees−0.006%+ Points / potential airdropPacifica: Active · farm board−$1 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: Pacifica is 0.059% cheaper against Katana Perps than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,505.40.0098pay 0.0098% / 8h43m 16s$14K$878K10x
ShortPacifica ZEC1,504.40.0100get 0.0013% / 1h43m 16s$1.7M$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0.49
Price spread: −0.067% → −0.007%
−$5.91
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$17.23
Costs to cover
0.118%
Break-even
255.6 days
Slippage unknown: Katana Perps: no order-book sample; Pacifica: 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 Pacifica live order book, 1 min ago1.50 bp7.8 bp −$8doesn't fitdoesn'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−0.3442%1h1,495.7−0.648%$37K$275K12xas long as short
Perpl ZEC−0.0447%43m1,504.1−0.091%$62K$304K10xas long as short
BloFin ZEC-USDT−0.0174%8h1,505.7+0.020%$31.0M$75.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,502.2−0.213%$6K$1K10xas long as short
Aftermath Perps ZECUSD−0.0060%1h1,499.4−0.401%$48K$59K10xas long as short
Bulk ZEC-USD−0.0053%1h1,497−0.559%$904K$2K10xas long as short
dYdX ZEC-USD0.0000%1h1,504.1−0.086%$418K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,505.2−0.017%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,504.1−0.091%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,505.3−0.012%$18.1M$46.7M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL+0.0012%1h1,505−0.029%$687K$1.4M25xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,503.6−0.120%$303K$1.1M20xas long as short
Phoenix ZEC+0.0096%1h1,502.4−0.201%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,505−0.029%$176K$1.8M50xas long as short
Katana Perps ZEC-USDlong+0.0098%8h1,505.4long leg$14K$878K10x
Paradex ZEC-USD-PERP+0.0100%8h1,504.3−0.077%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,505.4−0.004%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,505.5+0.004%$786.8M$445.3M10xas long as short
Aster ZECUSDT+0.0100%8h1,504.5−0.062%$14.1M$31.1M75xas long as short
Pacifica ZECshort+0.0100%1h1,504.4−0.067%$1.7M$2.4M10x
Binance ZECUSDT+0.0100%8h1,505.4−0.004%$703.4M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,505.4−0.004%$271.0M$623.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,505.9+0.028%$183.1M$1.34B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,502.8−0.175%$410K$563K5xas long as short
Gate ZEC_USDT+0.0100%8h1,504.2−0.083%$56.2M$182.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,505.4−0.001%$240.5M$792.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,504.1−0.092%$103.7M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,504.6−0.056%$162.5M$289.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,503.1−0.156%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,501.5−0.261%$49.0M$34.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,499.2−0.413%$574K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,500.8−0.305%$3.1M$507K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,499.8−0.376%$413K$945K50xas long as short
StandX ZEC-USD+0.0100%1h1,503.3−0.140%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,504.5−0.062%$360K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,503.9−0.104%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,503.5−0.126%$459K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,506.1+0.042%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,504.6−0.059%$256K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,503.8−0.110%$2.7M$20.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,505.4−0.005%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,504.6−0.059%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,503.7−0.112%$43K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,505.5+0.001%$8K$6K5xas long as short
RISEx ZEC/USDC+0.0128%1h1,505.2−0.019%$946K$1.1M10xas long as short
Lighter RH ZEC+0.0152%1h1,506.4+0.064%$2.1M$7.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0160% / S −0.0195%1h1,503.9−0.105%$438K100xas long as short
Lighter ZEC+0.0224%1h1,507+0.106%$19.8M$45.2M20xas long as short
Arcus ZEC-USD+0.0403%1h1,505.5+0.002%$607K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,506+0.038%$3.7M$10.2M50xas long as short
Backpack ZEC_USDC_PERP+0.0516%1h1,505.40.000%$2.3M$3.9M15xas long as short