ZEC

Alert

Funding spread now, next payment 18:00 UTC−0.0278%/8h

paid, last 24h−0.069%paid, last 3 days+0.075%to open and closeno order book

Long on Coinbase International Short on Katana Perps

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.075% in total (about 8.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ZEC-PERP-INTX	1,484.2	0.0360	pay 0.0045% / 1h	13m 23s	$3.8M	$13.1M	50x
Short	Katana Perps ZEC-USD	1,483.3	0.0082	get 0.0082% / 8h	5h 13m	$16K	$903K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee Katana PerpsbpOrdersRate

Funding earned: −$58.3
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Net: −$72.1
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 2 min ago; Katana Perps: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.063%
Avg gap 7d: −0.140%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Coinbase International live order book, 2 min ago	2.09 bp	7.9 bp −$8	14.1 bp −$141	40.9 bp −$4,091	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 50 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3658%	1h	$34K	$13K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0789%	1h	$18.0M	$47.7M	25x	as long as short
ApeX Omni ZECUSDT	−0.0248%	1h	$967K	$468K	50x	as long as short
Bulk ZEC-USD	−0.0232%	1h	$914K	$47K	10x	as long as short
Bybit ZECUSDT	−0.0222%	8h	$277.4M	$762.7M	75x	as long as short
Variational Omni ZEC	−0.0142%	8h	$48.0M	$32.1M	—	as long as short
BloFin ZEC-USDT	−0.0116%	8h	$30.7M	$81.4M	75x	as long as short
Ondo Perps ZEC-USD.P	−0.0106%	1h	$403K	$629K	5x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	$6K	$2K	10x	as long as short
Gate ZEC_USDT	−0.0062%	8h	$51.0M	$212.0M	75x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster ZECUSDT	−0.0025%	8h	$14.9M	$37.5M	75x	as long as short
Orderly PERP_ZEC_USDC	−0.0018%	8h	$292K	$1.8M	20x	as long as short
OKX ZEC-USDT-SWAP	−0.0015%	8h	$178.9M	$1.56B	50x	as long as short
Phoenix ZEC	−0.0004%	1h	$4.7M	$1.7M	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	$418K	$108K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	$990K	$6.3M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	$78K	$421K	10x	as long as short
MEXC ZEC_USDT	+0.0004%	8h	$225.9M	$1.01B	150x	as long as short
Binance ZECUSDT	+0.0004%	8h	$679.6M	$2.82B	75x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	$5.2M	—	150x	as long as short
01 Exchange ZECUSD	+0.0008%	1h	$9K	$11K	5x	as long as short
SoDEX ZEC-USD	+0.0022%	1h	$225K	$5.6M	10x	as long as short
RISEx ZEC/USDC	+0.0072%	1h	$827K	$2.6M	10x	as long as short
Aevo ZEC-PERP	+0.0080%	1h	$39K	$366K	20x	as long as short
Katana Perps ZEC-USDshort	+0.0082%	8h	$16K	$903K	10x
GMX ZEC/USD [WBTC.b-USDC]	L +0.0089% / S +0.0019%	1h	$581K	—	100x	as long as short
Lighter ZEC	+0.0096%	1h	$19.3M	$62.1M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	$174K	$2.2M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0097%	8h	$61K	$38K	10x	as long as short
BingX ZEC-USDC	+0.0099%	8h	—	$6.8M	—	as long as short
Nado ZEC-PERP	+0.0100%	1h	$3.1M	$7.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	$778.9M	$642.8M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	$1.7M	$3.6M	10x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	$104.3M	$66.9M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	$171.7M	$344.3M	75x	as long as short
edgeX ZECUSDC	+0.0100%	4h	$499K	$10.7M	20x	as long as short
StandX ZEC-USD	+0.0100%	1h	$112K	$4.5M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	$310K	$3.1M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	$130K	$162K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	$450K	$537K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	$3K	$1.3M	20x	as long as short
HTX ZEC-USDT	+0.0100%	8h	$2.5M	$30.5M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	$3.8M	$6.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	$3.3M	$4.8M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0125%	1h	$580K	$1.4M	25x	as long as short
Backpack ZEC_USDC_PERP	+0.0159%	1h	$2.3M	$3.8M	15x	as long as short
Arcus ZEC-USD	+0.0231%	1h	$710K	$7.2M	10x	as long as short
Lighter RH ZEC	+0.0240%	1h	$1.8M	$7.9M	10x	as long as short
Coinbase International ZEC-PERP-INTXlong	+0.0360%	1h	$3.8M	$13.1M	50x
Aftermath Perps ZECUSD	+0.0517%	1h	$39K	$34K	10x	as long as short