Funding you earn now, next payment 22:00 UTC+0.0124%/8h= +13.5% APRpaid last 24h +0.007%
Price spread now: RISEx against Katana Perps+0.012%7-day average +0.022% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.177%+$18 on $10k
+Price spread, last 7 days−0.042%−$4 · spread now +0.012%, 7d avg +0.022%
=The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps ZEC-USD | 1,462.6 | 0.0095 | pay 0.0095% / 8h | 2h 01m | $13K | $862K | 10x |
| Short | RISEx ZEC/USDC | 1,462.7 | 0.0219 | get 0.0027% / 1h | 1m 12s | $844K | $1.8M | 10x |
Katana Perps ZEC-USD
RISEx ZEC/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $25.94
- Price spread: +0.012% → +0.022%
- −$0.96
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $15.18
- Costs to cover
- 0.098%
- Break-even
- 2.9 days
Slippage unknown: Katana Perps: no order-book sample; RISEx: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Katana Perps no order-book sample | — | — | — | — | — |
| Sell RISEx live order book, 3 min ago | 0.55 bp | 3.5 bp −$4 | 7.3 bp −$73 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3476% | 1h | 1,446.2 | −1.122% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0087% | 8h | 1,462.2 | −0.027% | $29.0M | $75.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,462.2 | −0.026% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,462.2 | −0.022% | $17.8M | $44.9M | 25x | as long as short |
| Bybit ZECUSDT | −0.0038% | 8h | 1,461.3 | −0.083% | $269.8M | $679.2M | 75x | as long as short |
| Variational Omni ZEC | −0.0014% | 8h | 1,458.9 | −0.250% | $45.7M | $33.4M | — | as long as short |
| Ondo Perps ZEC-USD.P | −0.0001% | 1h | 1,460.7 | −0.127% | $396K | $516K | 5x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,462.1 | −0.034% | $412K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,463 | +0.033% | $937K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,461.4 | −0.081% | $83K | $401K | 10x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
Variational Omni ZEC
Ondo Perps ZEC-USD.P
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,462.9 | +0.026% | $595K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,462.8 | +0.014% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0012% / S +0.0076% | 1h | 1,462.4 | −0.009% | $559K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0014% | 8h | 1,462.2 | −0.026% | $293K | $1.5M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,462.8 | +0.016% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0056% | 8h | 1,462.3 | −0.015% | $175.0M | $1.37B | 50x | as long as short |
| Gate ZEC_USDT | +0.0059% | 8h | 1,462.1 | −0.035% | $50.0M | $191.8M | 75x | as long as short |
| Katana Perps ZEC-USDlong | +0.0095% | 8h | 1,462.6 | long leg | $13K | $862K | 10x | |
| Lighter ZEC | +0.0096% | 1h | 1,463.8 | +0.088% | $18.9M | $54.8M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,462.2 | −0.023% | $173K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,462 | −0.036% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,462.5 | −0.002% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,463.2 | +0.044% | $758.7M | $495.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,462 | −0.038% | $15.4M | $33.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,462.5 | −0.005% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,462.2 | −0.023% | $668.8M | $2.53B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,460.8 | −0.121% | $899K | $25K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,462.2 | −0.023% | $223.6M | $901.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,462.1 | −0.031% | $103.3M | $57.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,462.4 | −0.010% | $161.8M | $311.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,461.3 | −0.090% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,463.1 | +0.036% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,461.6 | −0.067% | $509K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,461.7 | −0.057% | $3.0M | $492K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,461.1 | −0.101% | $429K | $816K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,462.4 | −0.014% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,462.1 | −0.031% | $343K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,462 | −0.041% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,460.8 | −0.120% | $446K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,464.4 | +0.124% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,462.2 | −0.023% | $222K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,462.1 | −0.031% | $2.4M | $24.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,462.5 | −0.005% | $3.8M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,461.8 | −0.054% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,462.6 | +0.005% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,462.4 | −0.012% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDCshort | +0.0219% | 1h | 1,462.7 | +0.012% | $844K | $1.8M | 10x | |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,463.7 | +0.079% | $3.7M | $11.7M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0502% | 1h | 1,461.8 | −0.054% | $40K | $34K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,462.5 | −0.004% | $742K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0544% | 1h | 1,464.4 | +0.122% | $2.0M | $8.5M | 10x | as long as short |
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC