Funding you earn now, next payment 00:00 UTC+0.0201%/8h= +22.1% APRnext payment +$2.01 per $10,000 · paid last 24h +0.071%
Price spread now: Katana Perps against BloFin−0.077%7-day average −0.029% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.191%+$19 on $10k
+Price spread, last 3 days (all we have)−0.073%−$7 · spread now −0.077%, 7d avg −0.029%
=Funding pays, the price is against you. Katana Perps is 0.049% cheaper against BloFin than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of −0.029%). If the spread goes back, that is −$5 on $10k: about 19 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZEC-USDT | 1,472 | −0.0105 | get 0.0105% / 8h | 42m 12s | $29.6M | $75.4M | 75x |
| Short | Katana Perps ZEC-USD | 1,470.8 | 0.0097 | get 0.0097% / 8h | 42m 12s | $13K | $837K | 10x |
BloFin ZEC-USDT
Katana Perps ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against BloFin. 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
- $42.31
- Price spread: −0.077% → −0.029%
- −$4.85
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- $21.66
- Costs to cover
- 0.158%
- Break-even
- 3.4 days
Slippage unknown: BloFin: live order book, 7 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 BloFin live order book, 7 min ago | 0.10 bp | 6.1 bp −$6 | 6.5 bp −$65 | 13.5 bp −$1,350 | 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 | −0.3089% | 1h | 1,471.5 | −0.033% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0225% | 1h | 1,469.8 | −0.146% | $17.9M | $44.4M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0205% | 1h | 1,470.5 | −0.100% | $398K | $516K | 5x | as long as short |
| BloFin ZEC-USDTlong | −0.0105% | 8h | 1,472 | long leg | $29.6M | $75.4M | 75x | |
| Bybit ZECUSDT | −0.0098% | 8h | 1,470 | −0.137% | $274.6M | $657.2M | 75x | as long as short |
| ApeX Omni ZECUSDT | −0.0097% | 1h | 1,469.5 | −0.171% | $431K | $831K | 50x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.1 | +0.010% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0043% | 8h | 1,468.6 | −0.229% | $46.8M | $33.7M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,472.8 | +0.060% | $415K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,472.2 | +0.018% | $902K | $5.6M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
Bybit ZECUSDT
ApeX Omni ZECUSDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,471.9 | −0.007% | $84K | $404K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,471.6 | −0.026% | $614K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,471.2 | −0.050% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0010% | 8h | 1,470.9 | −0.072% | $294K | $1.4M | 20x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,470.7 | −0.089% | $4.6M | $1.6M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,472.2 | +0.014% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0037% | 8h | 1,470.6 | −0.096% | $180.6M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0045% | 8h | 1,471.9 | −0.005% | $51.4M | $185.6M | 75x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,471.1 | −0.057% | $372K | — | 100x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,471.3 | −0.049% | $19.1M | $52.1M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,471.7 | −0.017% | $177K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USDshort | +0.0097% | 8h | 1,470.8 | −0.077% | $13K | $837K | 10x | |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,472 | −0.001% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,472.4 | +0.031% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,472.9 | +0.063% | $763.6M | $475.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,471.4 | −0.036% | $15.1M | $32.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,472.5 | +0.034% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,470 | −0.132% | $681.6M | $2.46B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,473.2 | +0.081% | $720K | $8.3M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,472 | +0.002% | $908K | $26K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,471.8 | −0.011% | $229.3M | $834.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,472.2 | +0.014% | $103.9M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,470.9 | −0.074% | $162.9M | $302.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,470.7 | −0.087% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,469.5 | −0.170% | $513K | $9.3M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,469.7 | −0.152% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,473 | +0.073% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,471.9 | −0.005% | $346K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,471.4 | −0.039% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,469.4 | −0.178% | $448K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474.2 | +0.151% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,469.7 | −0.151% | $238K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,471.6 | −0.022% | $2.5M | $23.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,470.5 | −0.103% | $3.9M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,470.3 | −0.110% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,470.1 | −0.127% | $37K | $366K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,472.5 | +0.036% | $826K | $1.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,474 | +0.139% | $3.8M | $10.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0437% | 1h | 1,473.5 | +0.101% | $2.4M | $3.7M | 15x | as long as short |
| Lighter RH ZEC | +0.0504% | 1h | 1,472.1 | +0.006% | $2.0M | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0674% | 1h | 1,472.8 | +0.059% | $46K | $47K | 10x | as long as short |
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Phoenix ZEC
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
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
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD