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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against Katana Perps−0.214%7-day average −0.084% · 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)−0.030%−$3 on $10k
Price spread, last 7 days+0.157%+$16 · spread now −0.214%, 7d avg −0.084%
Together, before fees+0.127%+$13 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: BingX is 0.130% cheaper against Katana Perps than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,477.50.0100pay 0.0100% / 8h7h 51m$13K$855K10x
ShortBingX ZEC-USDC1,474.40.0100get 0.0100% / 8h7h 51m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Katana Perps. 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
$0.04
Price spread: −0.214% → −0.084%
−$12.95
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$26.71
Costs to cover
0.138%
Break-even
4246.5 days
Slippage unknown: Katana Perps: no order-book sample; BingX: live order book, 6 min ago. 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 Katana Perps no order-book sample
Sell BingX live order book, 6 min ago1.05 bp9.6 bp −$1014.9 bp −$14932.9 bp −$3,28981.5 bp −$40.8K
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−0.3321%1h1,475−0.173%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0342%1h1,474.8−0.184%$18.0M$43.8M25xas long as short
Ondo Perps ZEC-USD.P−0.0192%1h1,474.9−0.177%$399K$516K5xas long as short
Bybit ZECUSDT−0.0111%8h1,473−0.306%$274.8M$647.2M75xas long as short
BloFin ZEC-USDT−0.0104%8h1,476.6−0.062%$29.6M$74.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,477.2−0.021%$6K$2K10xas long as short
Variational Omni ZEC−0.0060%8h1,472.4−0.347%$47.7M$34.4Mas long as short
dYdX ZEC-USD0.0000%1h1,474.3−0.217%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,477.3−0.015%$960K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,476.6−0.066%$84K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,477.4−0.006%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,475−0.169%$295K$1.4M20xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,473.6−0.268%$181.9M$1.33B50xas long as short
01 Exchange ZECUSD+0.0048%1h1,477.5−0.002%$8K$8K5xas long as short
Phoenix ZEC+0.0054%1h1,477−0.036%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,477.2−0.019%$378K100xas long as short
Gate ZEC_USDT+0.0087%8h1,473.9−0.244%$51.5M$178.0M75xas long as short
Lighter ZEC+0.0096%1h1,474.7−0.188%$19.2M$50.2M20xas long as short
Popdex ZECUSDT+0.0096%1h1,476.7−0.055%$175K$1.9M50xas long as short
Katana Perps ZEC-USDlong+0.0100%8h1,477.5long leg$13K$855K10x
Paradex ZEC-USD-PERP+0.0100%8h1,473.4−0.280%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,477.3−0.017%$2.6M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,475−0.171%$764.9M$459.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,473.9−0.247%$15.0M$32.3M75xas long as short
Pacifica ZEC+0.0100%1h1,473.8−0.250%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,473.1−0.298%$684.1M$2.44B75xas long as short
Arcus ZEC-USD+0.0100%1h1,478+0.030%$686K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,470.8−0.458%$895K$33K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,473.1−0.298%$233.0M$821.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473.7−0.259%$105.1M$56.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,473.7−0.257%$163.9M$299.8M75xas long as short
BingX ZEC-USDCshort+0.0100%8h1,474.4−0.214%$6.7M
edgeX ZECUSDC+0.0100%4h1,472−0.377%$550K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.1−0.231%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,472.7−0.325%$432K$851K50xas long as short
StandX ZEC-USD+0.0100%1h1,476.6−0.063%$111K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,476.4−0.076%$335K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,476.9−0.045%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.7−0.259%$459K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,478.7+0.081%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,474.8−0.183%$243K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,475.8−0.116%$2.5M$22.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,475.2−0.159%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,474.1−0.233%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.2−0.428%$82K$250K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0185%1h1,476−0.102%$616K$1.3M25xas long as short
RISEx ZEC/USDC+0.0228%1h1,477.3−0.012%$844K$1.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,477.8+0.018%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0640%1h1,475.7−0.121%$2.0M$8.0M10xas long as short
Backpack ZEC_USDC_PERP+0.0654%1h1,475−0.172%$2.5M$3.8M15xas long as short
Aftermath Perps ZECUSD+0.0777%1h1,475.7−0.120%$46K$46K10xas long as short