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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:48 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.024%
Price spread now: Perpl against Katana Perps−0.019%7-day average −0.019% · 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)−0.209%−$21 on $10k
Price spread, last 4 days (all we have)+0.607%+$61 · spread now −0.019%, 7d avg −0.019%
Together, before fees+0.398%+ Points / potential airdropPerpl: Active · farm board+$40 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,455.60.0100pay 0.0100% / 8h3h 57m$10K$858K10x
ShortPerpl ZEC1,455.30get 0.0000% / 43m11m 55s$83K$240K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$20.96
Price spread: −0.019% → −0.019%
$0
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$38.56
Costs to cover
0.176%
Break-even
never at this rate
Slippage unknown: Katana Perps: no order-book sample; Perpl: no order-book sample. 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 Perpl no order-book sample
Katana Perps and Perpl: 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%1h1,459.7+0.283%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,455.6+0.005%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,456.6+0.073%$29.5M$70.8M75xas long as short
dYdX ZEC-USD0.0000%1h1,455.6+0.005%$410K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,455.9+0.023%$1.5M$4.5M2.2xas long as short
Perpl ZECshort0.0000%43m1,455.3−0.019%$83K$240K10x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,454.9−0.042%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,454.9−0.047%$291K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0071% / S −0.0023%1h1,455−0.041%$408K100xas long as short
Popdex ZECUSDT+0.0096%1h1,455.3−0.021%$173K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USDlong+0.0100%8h1,455.6long leg$10K$858K10x
Paradex ZEC-USD-PERP+0.0100%8h1,455.5−0.003%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,455.6+0.007%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,455.8+0.019%$14.8M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,455.60.000%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.1+0.035%$668.9M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,455.3−0.017%$261.3M$602.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,455.7+0.010%$177.9M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458+0.168%$396K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5+0.137%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,455.9+0.025%$50.5M$169.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,455.6+0.005%$214.8M$763.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456+0.034%$102.7M$53.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,456.1+0.036%$165.5M$271.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,456.1+0.039%$105.7Mas long as short
Variational Omni ZEC+0.0100%8h1,457.6+0.142%$47.8M$32.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,457.9+0.164%$567K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.1+0.245%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,459.1+0.243%$405K$942K50xas long as short
StandX ZEC-USD+0.0100%1h1,458.3+0.191%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.9−0.045%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,455.2−0.026%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,453.7−0.124%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,457.3+0.119%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,455−0.038%$233K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,454.2−0.092%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,455.7+0.010%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,455.4−0.008%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,454.9−0.047%$47K$151K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,455.4−0.010%$8K$7K5xas long as short
Phoenix ZEC+0.0123%1h1,458.7+0.215%$4.6M$1.3M10xas long as short
Hyperliquid ZEC+0.0127%1h1,456.8+0.089%$757.9M$431.6M10xas long as short
Backpack ZEC_USDC_PERP+0.0131%1h1,455.9+0.021%$2.4M$3.9M15xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0189%1h1,455.50.000%$614K$1.3M25xas long as short
Lighter RH ZEC+0.0200%1h1,456.4+0.056%$2.1M$6.9M10xas long as short
RISEx ZEC/USDC+0.0216%1h1,455.3−0.017%$921K$1.1M10xas long as short
Lighter ZEC+0.0232%1h1,456.5+0.066%$19.2M$44.7M20xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,455−0.040%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,457.3+0.123%$681K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,456.8+0.087%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0675%1h1,458+0.168%$45K$49K10xas long as short