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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.053%
Price spread now: Katana Perps against Hotstuff+0.015%7-day average · you sell dearer than you buy
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff ZEC-PERP1,460.5−0.0080get 0.0010% / 1h16m 17s$6K$1K10x
ShortKatana Perps ZEC-USD1,460.70.0100get 0.0100% / 8h4h 16m$11K$857K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against Hotstuff. 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
$37.76
Price spread: +0.015% → 0.000%
$1.51
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
$30.46
Costs to cover
0.088%
Break-even
1.4 days
Slippage unknown: Hotstuff: no order-book sample; 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 Hotstuff no order-book sample
Sell Katana Perps no order-book sample
Hotstuff and 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−0.3166%1h1,460.7+0.014%$34K$272K12xas long as short
Hotstuff ZEC-PERPlong−0.0080%1h1,460.5long leg$6K$1K10x
BloFin ZEC-USDT−0.0069%8h1,460.3−0.018%$29.5M$71.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,459.7−0.053%$411K$38K5xas long as short
Kalshi KXZECPERP0.0000%8h1,460.9+0.023%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,460−0.037%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.4−0.007%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,460.3−0.013%$292K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0069% / S −0.0020%1h1,460.3−0.015%$410K100xas long as short
01 Exchange ZECUSD+0.0080%1h1,461+0.030%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL+0.0081%1h1,460.9+0.027%$617K$1.3M25xas long as short
Popdex ZECUSDT+0.0096%1h1,460.5−0.001%$173K$1.7M50xas long as short
Katana Perps ZEC-USDshort+0.0100%8h1,460.7+0.015%$11K$857K10x
Paradex ZEC-USD-PERP+0.0100%8h1,460.5−0.002%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,460.8+0.019%$2.8M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,461.8+0.088%$759.9M$431.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,460.2−0.018%$14.8M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,460.7+0.013%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,460.4−0.010%$671.3M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,459.6−0.060%$262.1M$602.3M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,460.2−0.019%$178.2M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458.4−0.144%$396K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.2−0.225%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,460.1−0.026%$50.6M$174.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,460.5−0.002%$216.5M$774.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.7+0.014%$103.1M$54.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,460.4−0.008%$166.1M$271.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,460.5−0.004%$105.7Mas long as short
Variational Omni ZEC+0.0100%8h1,460.3−0.015%$47.9M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,461.7+0.083%$569K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,460.6+0.003%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461.9+0.098%$405K$939K50xas long as short
StandX ZEC-USD+0.0100%1h1,459−0.106%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,460.6+0.006%$355K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,460.1−0.027%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,459.4−0.074%$446K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,462.7+0.148%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,460.3−0.017%$234K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,459.4−0.076%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,460−0.036%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,460.3−0.015%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,460.1−0.026%$47K$151K20xas long as short
Backpack ZEC_USDC_PERP+0.0122%1h1,461.2+0.045%$2.4M$3.8M15xas long as short
Phoenix ZEC+0.0123%1h1,460.1−0.029%$4.6M$1.3M10xas long as short
Lighter ZEC+0.0264%1h1,461.6+0.074%$19.2M$46.0M20xas long as short
Kraken Futures PF_ZECUSD+0.0276%1h1,460.2−0.022%$18.1M$45.0M25xas long as short
Lighter RH ZEC+0.0368%1h1,461.7+0.078%$2.1M$7.0M10xas long as short
RISEx ZEC/USDC+0.0412%1h1,460.7+0.016%$925K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,462.4+0.130%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0626%1h1,461.4+0.061%$683K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0681%1h1,461.1+0.037%$45K$49K10xas long as short