Funding you earn now, next payment 08:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.62 per $10,000 · paid last 24h +0.009%
Price spread now: Katana Perps against OKX+0.085%7-day average +0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.055%+$6 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now +0.085%, 7d avg +0.004%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Katana Perps is 0.081% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZEC-USDT-SWAP | 1,471 | 0.0037 | pay 0.0037% / 8h | 7h 58m | $181.8M | $1.34B | 50x |
| Short | Katana Perps ZEC-USD | 1,472.3 | 0.0100 | get 0.0100% / 8h | 7h 58m | $12K | $844K | 10x |
OKX ZEC-USDT-SWAP
Katana Perps ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against OKX. 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
- $13.11
- Price spread: +0.085% → +0.004%
- $8.11
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- $7.41
- Costs to cover
- 0.138%
- Break-even
- 3.0 days
Slippage unknown: OKX: 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 OKX live order book, 6 min ago | 0.03 bp | 5.0 bp −$5 | 8.2 bp −$82 | 15.9 bp −$1,590 | doesn't fit |
| 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 | −0.3321% | 1h | 1,472.6 | +0.103% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0343% | 1h | 1,470 | −0.069% | $17.9M | $43.8M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0101% | 8h | 1,469.8 | −0.087% | $29.6M | $74.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,471.3 | +0.018% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0063% | 8h | 1,469.3 | −0.119% | $47.6M | $34.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,470.4 | −0.046% | $414K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,471.1 | +0.006% | $957K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,470.1 | −0.065% | $84K | $405K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0002% | 1h | 1,470 | −0.071% | $399K | $520K | 5x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,470.2 | −0.056% | $5.2M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Ondo Perps ZEC-USD.P
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet ZEC-USD | +0.0012% | 1h | 1,469.5 | −0.103% | $128K | $159K | 20x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0016% | 8h | 1,469.7 | −0.092% | $294K | $1.4M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0016% | 1h | 1,471.9 | +0.060% | $8K | $8K | 5x | as long as short |
| Polymarket Perps ZEC-USD | +0.0023% | 1h | 1,469.9 | −0.077% | $333K | $1.9M | 10x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,471.4 | +0.024% | $4.7M | $1.6M | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0028% | 1h | 1,470.5 | −0.038% | $431K | $845K | 50x | as long as short |
| SoDEX ZEC-USD | +0.0028% | 1h | 1,469.7 | −0.089% | $242K | $4.4M | 10x | as long as short |
| OKX ZEC-USDT-SWAPlong | +0.0037% | 8h | 1,471 | long leg | $181.8M | $1.34B | 50x | |
| Gate ZEC_USDT | +0.0049% | 8h | 1,471.3 | +0.018% | $51.1M | $177.4M | 75x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0054% / S −0.0010% | 1h | 1,470.1 | −0.064% | $371K | — | 100x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,472.7 | +0.113% | $19.2M | $50.2M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,471.1 | +0.005% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USDshort | +0.0100% | 8h | 1,472.3 | +0.085% | $12K | $844K | 10x | |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,471.2 | +0.011% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,470.7 | −0.021% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,472 | +0.065% | $763.2M | $473.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,471 | −0.005% | $15.0M | $32.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,471.6 | +0.040% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,471 | 0.000% | $683.4M | $2.45B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,470.6 | −0.031% | $274.7M | $649.5M | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,472.6 | +0.109% | $701K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,470.8 | −0.020% | $895K | $33K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,471.3 | +0.016% | $228.5M | $818.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,471.6 | +0.037% | $104.5M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,471.4 | +0.021% | $163.7M | $300.8M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,471 | −0.005% | — | $101.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,470.1 | −0.066% | $549K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,470.6 | −0.028% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,470.9 | −0.010% | $110K | $4.8M | 30x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,468.3 | −0.188% | $458K | $508K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,471.7 | +0.042% | $3K | $1.2M | 20x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,469 | −0.139% | $2.5M | $22.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,470.3 | −0.049% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,471.7 | +0.044% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,470.2 | −0.055% | $37K | $191K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0115% | 1h | 1,470.8 | −0.014% | $613K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,472.3 | +0.083% | $839K | $1.2M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0440% | 1h | 1,470.6 | −0.027% | $2.5M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,472.9 | +0.123% | $3.8M | $10.6M | 50x | as long as short |
| Lighter RH ZEC | +0.0552% | 1h | 1,473.3 | +0.152% | $2.0M | $7.9M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0778% | 1h | 1,472.1 | +0.069% | $46K | $46K | 10x | as long as short |
Bullet ZEC-USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Polymarket Perps ZEC-USD
Phoenix ZEC
ApeX Omni ZECUSDT
SoDEX ZEC-USD
Gate ZEC_USDT
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD