Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.009%

Price spread now: Katana Perps against MEXC+0.015%7-day average −0.002% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Katana Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.047%+$5 on $10k

Price spread, last 7 days+0.014%+$1 · spread now +0.015%, 7d avg −0.002%

Together, before fees+0.061%+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZEC_USDT	1,450.5	0.0100	pay 0.0100% / 8h	4h 43m	$215.3M	$769.1M	150x
Short	Katana Perps ZEC-USD	1,450.7	0.0100	get 0.0100% / 8h	4h 43m	$11K	$874K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Katana Perps against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee Katana PerpsbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$0.04
Price spread: +0.015% → −0.002%: $1.68
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Net: −$2.16
Costs to cover: 0.038%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 6 min ago; Katana Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 6 min ago	0.04 bp	0.0 bp $0	0.2 bp −$2	2.3 bp −$229	59.0 bp −$29.5K
Sell Katana Perps no order-book sample	—	—	—	—	—

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	−0.3166%	1h	1,451.5	+0.070%	$33K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,451.9	+0.097%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0069%	8h	1,450.3	−0.012%	$29.2M	$70.6M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,451.1	+0.046%	$409K	$40K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,451.3	+0.059%	$1.5M	$4.4M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,450.6	+0.010%	$83K	$240K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,450.4	−0.003%	$5.1M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0059%	8h	1,450.4	−0.003%	$290K	$958K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0065% / S −0.0016%	1h	1,450.2	−0.021%	$408K	—	100x	as long as short
01 Exchange ZECUSD	+0.0072%	1h	1,450.7	+0.020%	$8K	$7K	5x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ZECUSDT	+0.0096%	1h	1,450.8	+0.022%	$174K	$1.7M	50x	as long as short
Katana Perps ZEC-USDshort	+0.0100%	8h	1,450.7	+0.015%	$11K	$874K	10x
Paradex ZEC-USD-PERP	+0.0100%	8h	1,450.9	+0.031%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,450.7	+0.018%	$2.5M	$6.3M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,451.4	+0.065%	$754.7M	$434.7M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,450.7	+0.021%	$14.4M	$27.7M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,450.9	+0.032%	$1.6M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,450.6	+0.012%	$665.8M	$2.22B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,450.4	−0.005%	$261.1M	$602.7M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,450.8	+0.023%	$177.1M	$1.22B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,448.7	−0.121%	$394K	$444K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,450.7	+0.017%	$875K	$29K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,450.6	+0.008%	$49.9M	$173.0M	75x	as long as short
MEXC ZEC_USDTlong	+0.0100%	8h	1,450.5	long leg	$215.3M	$769.1M	150x
KuCoin ZECUSDTM	+0.0100%	8h	1,450.8	+0.023%	$102.1M	$54.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,450.6	+0.013%	$164.7M	$274.0M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,450.9	+0.028%	—	$6.7M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,453.1	+0.181%	$2.5M	$3.8M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,447.3	−0.215%	$47.4M	$32.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,447.5	−0.205%	$563K	$8.7M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,450.6	+0.008%	$3.0M	$437K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,449.9	−0.039%	$403K	$921K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,451.4	+0.062%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,450.2	−0.017%	$365K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,450.4	−0.003%	$159K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,449.3	−0.080%	$442K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,453	+0.179%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,450.6	+0.008%	$232K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,449.5	−0.063%	$2.6M	$18.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,450.5	+0.002%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,450.2	−0.017%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,450.1	−0.024%	$47K	$151K	20x	as long as short
Phoenix ZEC	+0.0123%	1h	1,451.4	+0.065%	$4.6M	$1.3M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0237%	1h	1,451	+0.038%	$609K	$1.3M	25x	as long as short
Kraken Futures PF_ZECUSD	+0.0278%	1h	1,450.6	+0.010%	$18.0M	$44.9M	25x	as long as short
Lighter ZEC	+0.0320%	1h	1,451.9	+0.098%	$19.1M	$45.9M	20x	as long as short
RISEx ZEC/USDC	+0.0412%	1h	1,450.9	+0.033%	$920K	$1.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,452.9	+0.167%	$3.8M	$9.0M	50x	as long as short
Lighter RH ZEC	+0.0464%	1h	1,452.5	+0.144%	$2.0M	$6.9M	10x	as long as short
Arcus ZEC-USD	+0.0626%	1h	1,450.1	−0.026%	$738K	$8.3M	10x	as long as short
Aftermath Perps ZECUSD	+0.0667%	1h	1,450	−0.029%	$44K	$49K	10x	as long as short