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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.001%
Price spread now: Katana Perps against Popdex+0.007%7-day average −0.003% · you sell dearer than you buy
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 3 days (all we have)+0.002%$0 on $10k
Price spread, last 7 days+0.039%+$4 · spread now +0.007%, 7d avg −0.003%
Together, before fees+0.040%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex ZECUSDT1,471.10.0096pay 0.0012% / 1h48m 26s$176K$1.9M50x
ShortKatana Perps ZEC-USD1,471.20.0097get 0.0097% / 8h48m 26s$11K$829K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against Popdex. 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
$0.17
Price spread: +0.007% → −0.003%
$1.02
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$9.01
Costs to cover
0.102%
Break-even
387.3 days
Slippage unknown: Popdex: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Popdex live order book, 1 min ago0.07 bp3.6 bp −$46.3 bp −$63doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3089%1h1,473.7+0.173%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0278%1h1,471.3+0.012%$399K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,473.4+0.155%$17.9M$44.5M25xas long as short
ApeX Omni ZECUSDT−0.0190%1h1,472.5+0.090%$432K$830K50xas long as short
BloFin ZEC-USDT−0.0105%8h1,473.3+0.147%$29.5M$75.6M75xas long as short
Bybit ZECUSDT−0.0091%8h1,470.6−0.037%$273.3M$657.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,473.5+0.158%$6K$2K10xas long as short
Variational Omni ZEC−0.0040%8h1,471.8+0.046%$46.8M$33.6Mas long as short
dYdX ZEC-USD0.0000%1h1,473.1+0.133%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.4+0.157%$902K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,471.2+0.007%$84K$404K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,471.9+0.055%$614K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.8+0.044%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,471.2+0.005%$294K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,473.1+0.132%$4.6M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0037%8h1,471−0.007%$180.5M$1.34B50xas long as short
01 Exchange ZECUSD+0.0040%1h1,471.3+0.009%$8K$8K5xas long as short
Gate ZEC_USDT+0.0044%8h1,471.3+0.012%$50.6M$184.3M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0011%1h1,471.6+0.035%$366K100xas long as short
Lighter ZEC+0.0096%1h1,473.6+0.169%$19.1M$52.1M20xas long as short
Popdex ZECUSDTlong+0.0096%1h1,471.1long leg$176K$1.9M50x
Katana Perps ZEC-USDshort+0.0097%8h1,471.2+0.007%$11K$829K10x
Paradex ZEC-USD-PERP+0.0100%8h1,471.3+0.015%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472.2+0.070%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.7+0.107%$764.3M$473.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.1−0.002%$15.5M$32.6M75xas long as short
Pacifica ZEC+0.0100%1h1,472.5+0.096%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.3+0.014%$681.6M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,472.8+0.116%$716K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,472+0.059%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.3+0.010%$220.5M$831.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471−0.007%$104.0M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.10.000%$162.8M$302.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,470−0.075%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,472.5+0.096%$512K$9.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.8+0.112%$3.0M$466K10xas long as short
StandX ZEC-USD+0.0100%1h1,474.5+0.226%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471−0.009%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.2+0.004%$127K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.8−0.093%$448K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.2+0.140%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,473.2+0.141%$226K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,472.4+0.084%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.7+0.172%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,471.5+0.023%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.3+0.011%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,471.6+0.034%$834K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0422%1h1,474.1+0.199%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,476+0.329%$3.8M$11.0M50xas long as short
Lighter RH ZEC+0.0520%1h1,474+0.192%$2.0M$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0649%1h1,473.2+0.141%$46K$47K10xas long as short