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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h +0.003%
Price spread now: RISEx against Katana Perps+0.022%7-day average +0.022% · 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 3 days (all we have)+0.182%+$18 on $10k
Price spread, last 7 days−0.081%−$8 · spread now +0.022%, 7d avg +0.022%
Together, before fees+0.101%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,472.10.0097pay 0.0097% / 8h12m 44s$19K$851K10x
ShortRISEx ZEC/USDC1,472.50.0132get 0.0017% / 1h12m 44s$825K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$7.33
Price spread: +0.022% → +0.022%
$0.02
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$2.45
Costs to cover
0.098%
Break-even
9.3 days
Slippage unknown: Katana Perps: no order-book sample; RISEx: live order book, 1 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 RISEx live order book, 1 min ago1.46 bp4.5 bp −$48.7 bp −$87doesn't fitdoesn't fit
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−0.3089%1h1,472.9+0.054%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0254%1h1,470.7−0.098%$399K$520K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,472−0.012%$17.9M$44.2M25xas long as short
Bybit ZECUSDT−0.0113%8h1,472.9+0.051%$274.7M$651.4M75xas long as short
BloFin ZEC-USDT−0.0107%8h1,471.7−0.031%$29.5M$74.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472−0.012%$6K$2K10xas long as short
Variational Omni ZEC−0.0059%8h1,471.5−0.046%$47.5M$34.5Mas long as short
dYdX ZEC-USD0.0000%1h1,473.2+0.071%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,472.4+0.017%$959K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,471.2−0.062%$84K$406K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.1−0.006%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,472.2+0.005%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,471.8−0.021%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,473.6+0.096%$4.7M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0039%1h1,472.9+0.054%$432K$843K50xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,473.5+0.092%$181.3M$1.34B50xas long as short
Gate ZEC_USDT+0.0045%8h1,473.5+0.095%$51.2M$187.6M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,471.9−0.015%$372K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0075%1h1,472.7+0.037%$614K$1.3M25xas long as short
Lighter ZEC+0.0096%1h1,474.8+0.180%$19.2M$52.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,472−0.012%$175K$1.9M50xas long as short
Katana Perps ZEC-USDlong+0.0097%8h1,472.1long leg$19K$851K10x
Paradex ZEC-USD-PERP+0.0100%8h1,471.6−0.033%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472.6+0.033%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,474.7+0.174%$763.8M$473.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,473.5+0.092%$15.0M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,472.3+0.011%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,473.6+0.101%$684.1M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,473.3+0.076%$698K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,473.5+0.092%$896K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.9+0.048%$226.9M$844.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.2+0.003%$104.6M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,473.5+0.093%$163.7M$300.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,472.5+0.026%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.4−0.048%$513K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.3+0.008%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,472.6+0.033%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471.5−0.043%$335K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.6−0.038%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.3−0.126%$458K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.9+0.122%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.7−0.029%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470.8−0.094%$2.5M$22.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.6+0.031%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,472.5+0.025%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.7−0.029%$37K$366K20xas long as short
RISEx ZEC/USDCshort+0.0132%1h1,472.5+0.022%$825K$1.3M10x
Backpack ZEC_USDC_PERP+0.0404%1h1,472.5+0.021%$2.5M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,474.2+0.142%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0456%1h1,475.8+0.251%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0760%1h1,473.2+0.070%$46K$47K10xas long as short