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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h −0.017%
Price spread now: Katana Perps against RISEx−0.044%7-day average −0.025% · 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)−0.195%−$19 on $10k
Price spread, last 7 days+0.037%+$4 · spread now −0.044%, 7d avg −0.025%
Together, before fees−0.158%−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ZEC/USDC1,467.60.0154pay 0.0019% / 1h34m 15s$927K$1.1M10x
ShortKatana Perps ZEC-USD1,4670.0100get 0.0100% / 8h2h 34m$13K$812K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against RISEx. 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
−$11.45
Price spread: −0.044% → −0.025%
−$1.89
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$23.15
Costs to cover
0.098%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 4 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 RISEx live order book, 4 min ago1.02 bp4.0 bp −$49.2 bp −$92doesn'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−0.3243%1h1,471+0.228%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.9+0.019%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0080%8h1,469.8+0.147%$29.8M$71.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,467.8+0.010%$408K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.6+0.067%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,468+0.025%$84K$239K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,467.8+0.012%$618K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.6−0.006%$5.2M150xas long as short
01 Exchange ZECUSD+0.0056%1h1,468.2+0.035%$8K$7K5xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,467.4−0.018%$293K$896K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0089%8h1,467−0.044%$260.8M$589.7M75xas long as short
Phoenix ZEC+0.0092%1h1,466.5−0.078%$4.7M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,467.6−0.004%$173K$1.6M50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0097% / S −0.0051%1h1,467.2−0.028%$437K100xas long as short
Katana Perps ZEC-USDshort+0.0100%8h1,467−0.044%$13K$812K10x
Paradex ZEC-USD-PERP+0.0100%8h1,468.1+0.034%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.9+0.020%$2.9M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.6+0.065%$764.7M$418.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,467.8+0.010%$14.4M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,468+0.025%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,467.4−0.016%$677.1M$2.16B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,467.2−0.029%$178.4M$1.20B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,465.3−0.159%$399K$430K5xas long as short
Bulk ZEC-USD+0.0100%1h1,462.7−0.338%$884K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,467.8+0.012%$53.1M$170.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.5−0.010%$222.8M$761.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.5−0.013%$103.1M$52.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.8+0.011%$166.2M$267.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,467.4−0.018%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,470.5+0.197%$48.2M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,468.1+0.028%$573K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,469.8+0.145%$3.0M$467K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469+0.089%$406K$926K50xas long as short
StandX ZEC-USD+0.0100%1h1,470.2+0.172%$49K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,467.4−0.016%$360K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.3−0.023%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.3−0.093%$448K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.8+0.148%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.3−0.027%$235K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467−0.044%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.9+0.015%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,467.4−0.017%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.3−0.025%$46K$152K20xas long as short
Lighter RH ZEC+0.0120%1h1,468.7+0.074%$2.1M$7.1M10xas long as short
Lighter ZEC+0.0136%1h1,468.9+0.083%$19.4M$43.9M20xas long as short
Kraken Futures PF_ZECUSD+0.0147%1h1,467.3−0.026%$18.0M$45.6M25xas long as short
RISEx ZEC/USDClong+0.0154%1h1,467.6long leg$927K$1.1M10x
Backpack ZEC_USDC_PERP+0.0337%1h1,468.1+0.034%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,469.9+0.153%$3.7M$9.2M50xas long as short
Arcus ZEC-USD+0.0508%1h1,469.2+0.105%$664K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0681%1h1,468.2+0.039%$45K$49K10xas long as short