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−0.0004%/8h= −0.4% APRnext payment $0.04 per $10,000 · paid last 24h −0.001%
Price spread now: Katana Perps against SunX−0.152%7-day average −0.117% · 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)−0.002%$0 on $10k
Price spread, last 3 days (all we have)−0.061%−$6 · spread now −0.152%, 7d avg −0.117%
Together, before fees−0.063%−$6 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: Katana Perps is 0.035% cheaper against SunX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.117%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,464.70.0100pay 0.0100% / 8h1h 38m$3K$1.3M20x
ShortKatana Perps ZEC-USD1,462.50.0096get 0.0096% / 8h1h 38m$14K$862K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against SunX. 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
−$0.85
Price spread: −0.152% → −0.117%
−$3.47
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$16.11
Costs to cover
0.118%
Break-even
never at this rate
Slippage unknown: SunX: 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago29.05 bp48.4 bp −$48doesn't fitdoesn'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−0.3310%1h1,465.8+0.069%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,462−0.186%$17.8M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0245%1h1,466+0.086%$398K$520K5xas long as short
BloFin ZEC-USDT−0.0088%8h1,462.7−0.143%$29.1M$75.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,462−0.186%$6K$2K10xas long as short
Bybit ZECUSDT−0.0051%8h1,459.7−0.343%$270.5M$673.8M75xas long as short
Variational Omni ZEC−0.0026%8h1,465.3+0.035%$46.6M$34.0Mas long as short
dYdX ZEC-USD0.0000%1h1,462.6−0.145%$412K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,463−0.119%$885K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,462.2−0.175%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,462.8−0.132%$5.2M150xas long as short
ApeX Omni ZECUSDT+0.0007%1h1,466.5+0.122%$431K$820K50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,462.7−0.136%$541K100xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,462.3−0.167%$292K$1.5M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0028%1h1,462.4−0.157%$595K$1.3M25xas long as short
Bulk ZEC-USD+0.0030%1h1,466+0.087%$905K$27K10xas long as short
Gate ZEC_USDT+0.0044%8h1,460.7−0.275%$49.9M$184.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0046%8h1,460.3−0.305%$175.6M$1.35B50xas long as short
01 Exchange ZECUSD+0.0056%1h1,462.3−0.165%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,468.3+0.246%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USDshort+0.0096%8h1,462.5−0.152%$14K$862K10x
Popdex ZECUSDT+0.0096%1h1,462−0.186%$173K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,462.3−0.164%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,463.3−0.100%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,461.8−0.201%$757.5M$484.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,461.6−0.212%$15.6M$33.3M75xas long as short
Pacifica ZEC+0.0100%1h1,462.8−0.135%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,460.3−0.307%$672.8M$2.50B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,461.8−0.201%$220.7M$858.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,462.2−0.171%$102.9M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,460.2−0.309%$161.4M$307.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,460.1−0.317%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,465.9+0.077%$510K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,464.7−0.005%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,465.4+0.044%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,462.3−0.167%$344K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,462.3−0.169%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,460.9−0.265%$446K$502K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,464.7long leg$3K$1.3M20x
SoDEX ZEC-USD+0.0100%1h1,462.1−0.178%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,461.5−0.222%$2.5M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,462.4−0.158%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,462.3−0.164%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,462.2−0.176%$36K$367K20xas long as short
Lighter ZEC+0.0112%1h1,462.6−0.146%$18.9M$52.5M20xas long as short
RISEx ZEC/USDC+0.0190%1h1,462.3−0.163%$841K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0203%1h1,462.4−0.157%$2.3M$3.9M15xas long as short
Lighter RH ZEC+0.0368%1h1,463.2−0.106%$2.0M$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,463.5−0.082%$3.7M$11.6M50xas long as short
Arcus ZEC-USD+0.0444%1h1,463.6−0.076%$739K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0534%1h1,465.3+0.039%$41K$34K10xas long as short