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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: StandX against Katana Perps−0.094%7-day average +0.010% · 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)+0.009%+$1 on $10k
Price spread, last 7 days+0.065%+$6 · spread now −0.094%, 7d avg +0.010%
Together, before fees+0.074%+ Points / potential airdropStandX: Active · farm board+$7 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: StandX is 0.104% cheaper against Katana Perps than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,465.10.0096pay 0.0096% / 8h1h 27m$14K$840K10x
ShortStandX ZEC-USD1,463.70.0100get 0.0013% / 1h27m 28s$110K$4.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$0.8
Price spread: −0.094% → +0.010%
−$10.44
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$21.44
Costs to cover
0.118%
Break-even
194.1 days
Slippage unknown: Katana Perps: no order-book sample; StandX: live order book, 2 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 StandX live order book, 2 min ago4.65 bp8.8 bp −$911.2 bp −$112doesn'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−0.3310%1h1,463.6−0.100%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,464.2−0.058%$17.8M$45.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0213%1h1,462−0.210%$397K$514K5xas long as short
BloFin ZEC-USDT−0.0094%8h1,463.4−0.115%$29.3M$75.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,465−0.008%$6K$2K10xas long as short
Bulk ZEC-USD−0.0065%1h1,462.1−0.203%$902K$27K10xas long as short
Bybit ZECUSDT−0.0054%8h1,464−0.072%$271.5M$669.1M75xas long as short
Variational Omni ZEC−0.0026%8h1,463−0.145%$46.5M$33.7Mas long as short
GMX ZEC/USD [WBTC.b-USDC]L −0.0017% / S +0.0093%1h1,464−0.075%$540K100xas long as short
dYdX ZEC-USD0.0000%1h1,463.9−0.081%$412K$104K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXZECPERP0.0000%8h1,463.8−0.089%$885K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,464.8−0.022%$83K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,464.1−0.068%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0013%8h1,464.1−0.066%$292K$1.4M20xas long as short
OKX ZEC-USDT-SWAP+0.0050%8h1,465.4+0.025%$176.3M$1.35B50xas long as short
Gate ZEC_USDT+0.0051%8h1,464.7−0.025%$49.9M$185.5M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,465.2+0.005%$8K$8K5xas long as short
ApeX Omni ZECUSDT+0.0070%1h1,463.9−0.081%$430K$821K50xas long as short
Phoenix ZEC+0.0075%1h1,464.5−0.041%$4.6M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,464.8−0.020%$173K$1.9M50xas long as short
Katana Perps ZEC-USDlong+0.0096%8h1,465.1long leg$14K$840K10x
Paradex ZEC-USD-PERP+0.0100%8h1,464.7−0.022%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,465.2+0.006%$2.5M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,466.1+0.070%$760.1M$485.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,464.5−0.036%$15.6M$32.9M75xas long as short
Pacifica ZEC+0.0100%1h1,465.2+0.006%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,464.9−0.014%$674.9M$2.48B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,464.9−0.014%$222.5M$863.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,464.6−0.031%$103.7M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,465.4+0.023%$162.1M$305.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,463.7−0.092%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,463.1−0.137%$510K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.2−0.129%$3.0M$481K10xas long as short
StandX ZEC-USDshort+0.0100%1h1,463.7−0.094%$110K$4.8M30x
Polymarket Perps ZEC-USD+0.0100%1h1,464.9−0.012%$344K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.6−0.104%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,462.5−0.176%$447K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,465.5+0.027%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,464.3−0.051%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,462.3−0.190%$2.5M$23.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,464.5−0.038%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,465−0.003%$3.2M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,464.3−0.050%$37K$366K20xas long as short
Lighter ZEC+0.0136%1h1,466.2+0.079%$19.0M$52.6M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0154%1h1,465−0.006%$596K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0180%1h1,464.8−0.020%$2.3M$3.8M15xas long as short
RISEx ZEC/USDC+0.0190%1h1,465.2+0.005%$842K$1.3M10xas long as short
Lighter RH ZEC+0.0400%1h1,466.7+0.109%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,465.2+0.005%$3.7M$11.5M50xas long as short
Arcus ZEC-USD+0.0444%1h1,465.8+0.049%$730K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0558%1h1,464.5−0.042%$40K$34K10xas long as short