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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.001%
Price spread now: Katana Perps against edgeX−0.065%7-day average +0.057% · 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)−0.003%$0 on $10k
Price spread, last 7 days+0.085%+$9 · spread now −0.065%, 7d avg +0.057%
Together, before fees+0.082%+ Points / potential airdropedgeX: Active · farm board+$8 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 0.123% cheaper against edgeX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,503.60.0100pay 0.0050% / 4h1h 04m$549K$8.3M20x
ShortKatana Perps ZEC-USD1,502.60.0098get 0.0098% / 8h5h 04m$27K$859K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against edgeX. 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
−$0.32
Price spread: −0.065% → +0.057%
−$12.26
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$25.38
Costs to cover
0.128%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 2 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 edgeX live order book, 2 min ago0.37 bp5.0 bp −$59.6 bp −$96doesn'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 exchanges

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−0.4130%1h1,490.9−0.839%$36K$267K12xas long as short
Aftermath Perps ZECUSD−0.0278%1h1,504.2+0.045%$49K$74K10xas long as short
BloFin ZEC-USDT−0.0200%8h1,503.6+0.003%$31.9M$72.2M75xas long as short
Ondo Perps ZEC-USD.P−0.0118%1h1,505.6+0.136%$408K$498K5xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,502.1−0.098%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,502.8−0.047%$414K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,503.4−0.011%$1.5M$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,501.1−0.162%$63K$298K10xas long as short
ApeX Omni ZECUSDT+0.0002%1h1,504.7+0.078%$412K$951K50xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,501.8−0.115%$5.3M150xas long as short
Show all 51 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0032%1h1,503.1−0.029%$8K$6K5xas long as short
RISEx ZEC/USDC+0.0032%1h1,502.8−0.051%$909K$1.3M10xas long as short
Phoenix ZEC+0.0060%1h1,503.5−0.005%$4.8M$1.3M10xas long as short
Orderly PERP_ZEC_USDC+0.0061%8h1,503.2−0.025%$303K$715K20xas long as short
Aster ZECUSDT+0.0085%8h1,502.2−0.091%$14.4M$25.9M75xas long as short
Lighter ZEC+0.0096%1h1,504.5+0.065%$19.9M$39.9M20xas long as short
Lighter RH ZEC+0.0096%1h1,504.9+0.086%$2.1M$7.2M10xas long as short
Popdex ZECUSDT+0.0096%1h1,503−0.039%$170K$1.3M50xas long as short
Katana Perps ZEC-USDshort+0.0098%8h1,502.6−0.065%$27K$859K10x
Kraken Futures PF_ZECUSD+0.0099%1h1,504.1+0.037%$18.6M$45.4M25xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,502.5−0.068%$62K$14K10xas long as short
Nado ZEC-PERP+0.0100%1h1,503.4−0.008%$3.1M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,504.2+0.043%$793.6M$420.7M10xas long as short
Pacifica ZEC+0.0100%1h1,503.2−0.025%$1.6M$2.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,502.6−0.065%$703.8M$2.13B75xas long as short
Bybit ZECUSDT+0.0100%8h1,502.3−0.084%$275.0M$578.5M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,502.6−0.067%$186.8M$1.26B50xas long as short
Arcus ZEC-USD+0.0100%1h1,503.4−0.008%$598K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,502.7−0.054%$778K$182K10xas long as short
Gate ZEC_USDT+0.0100%8h1,501.9−0.112%$64.4M$175.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,502.4−0.074%$180.0M$845.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,501.9−0.108%$105.7M$51.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,502−0.101%$164.1M$270.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,502.3−0.081%$120.6Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,503.9+0.026%$2.2M$3.7M15xas long as short
Variational Omni ZEC+0.0100%8h1,501.5−0.135%$49.6M$33.0Mas long as short
edgeX ZECUSDClong+0.0100%4h1,503.6long leg$549K$8.3M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,506.8+0.215%$3.1M$635K10xas long as short
StandX ZEC-USD+0.0100%1h1,503.5−0.002%$112K$4.5M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,503−0.037%$368K$1.4M10xas long as short
Bullet ZEC-USD+0.0100%1h1,503.4−0.012%$169K$189K20xas long as short
Derive ZEC-PERP+0.0100%1h1,503.9+0.026%$393K$492K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,505.7+0.145%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,503.60.000%$257K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,502−0.100%$2.7M$20.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,503.9+0.022%$4.0M$4.7M50xas long as short
Extended ZEC-USD+0.0104%1h1,501.9−0.108%$2.7M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,503.2−0.025%$37K$163K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0141%1h1,504.1+0.036%$694K$1.3M25xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0199% / S −0.0218%1h1,502.5−0.069%$349K100xas long as short
Coinbase International ZEC-PERP-INTX+0.0352%1h1,504.9+0.089%$3.9M$9.2M50xas long as short