Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.027%
Price spread now: Katana Perps against Ondo Perps+0.095%7-day average +0.039% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)+0.155%+$16 · spread now +0.095%, 7d avg +0.039%
=Together, before fees+0.180%+ Points / potential airdropOndo Perps: Active · farm board+$18 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 0.056% dearer against Ondo Perps than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ZEC-USD.P | 1,454.2 | 0.0100 | pay 0.0013% / 1h | 26m 15s | $395K | $431K | 5x |
| Short | Katana Perps ZEC-USD | 1,455.6 | 0.0100 | get 0.0100% / 8h | 5h 26m | $23K | $862K | 10x |
Ondo Perps ZEC-USD.P
Katana Perps ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: +0.095% → +0.039%
- $5.57
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$3.27
- Costs to cover
- 0.088%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Ondo Perps 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3244% | 1h | 1,457.3 | +0.211% | $34K | $272K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0083% | 8h | 1,455.2 | +0.067% | $29.1M | $70.9M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,454.8 | +0.042% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,454.5 | +0.019% | $410K | $43K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,455.2 | +0.069% | $1.5M | $5.1M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,454.5 | +0.018% | $83K | $243K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,455.3 | +0.078% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0045% | 8h | 1,456 | +0.123% | $291K | $969K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0061% / S −0.0011% | 1h | 1,455.1 | +0.059% | $408K | — | 100x | as long as short |
| Phoenix ZEC | +0.0074% | 1h | 1,459.6 | +0.369% | $4.6M | $1.4M | 10x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ZECUSDT | +0.0094% | 1h | 1,456.7 | +0.171% | $410K | $911K | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,454.7 | +0.034% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USDshort | +0.0100% | 8h | 1,455.6 | +0.095% | $23K | $862K | 10x | |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,454.9 | +0.050% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,455 | +0.055% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,457.9 | +0.254% | $763.0M | $438.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,454.9 | +0.050% | $14.4M | $28.3M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,454.8 | +0.041% | $1.7M | $2.6M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,456.2 | +0.136% | $667.0M | $2.26B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,455.8 | +0.109% | $265.9M | $605.5M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,456.5 | +0.156% | $178.5M | $1.23B | 50x | as long as short |
| Ondo Perps ZEC-USD.Plong | +0.0100% | 1h | 1,454.2 | long leg | $395K | $431K | 5x | |
| Bulk ZEC-USD | +0.0100% | 1h | 1,451.2 | −0.205% | $879K | $21K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,456 | +0.124% | $49.5M | $173.8M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,456.1 | +0.128% | $213.5M | $776.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,455.8 | +0.111% | $102.0M | $56.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,456.4 | +0.153% | $161.9M | $274.2M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,454.6 | +0.028% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,456.6 | +0.164% | $2.4M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,454.2 | +0.002% | $47.0M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,457 | +0.194% | $567K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,456.5 | +0.157% | $3.0M | $432K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,455.3 | +0.078% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,454.4 | +0.014% | $331K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,455.1 | +0.064% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,454.6 | +0.027% | $444K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,457.2 | +0.203% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,455.9 | +0.119% | $233K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,454 | −0.011% | $2.6M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,456.1 | +0.127% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,455.5 | +0.092% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,455.7 | +0.102% | $47K | $153K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0136% | 1h | 1,455.2 | +0.072% | $8K | $7K | 5x | as long as short |
| Lighter ZEC | +0.0192% | 1h | 1,457.4 | +0.218% | $19.1M | $46.6M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0196% | 1h | 1,455.9 | +0.119% | $18.0M | $44.6M | 25x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,456.5 | +0.158% | $712K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0352% | 1h | 1,457.8 | +0.249% | $2.0M | $6.9M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0377% | 1h | 1,456.7 | +0.170% | $612K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,455.2 | +0.070% | $832K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,456.1 | +0.133% | $3.7M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0692% | 1h | 1,455.9 | +0.117% | $45K | $49K | 10x | as long as short |
ApeX Omni ZECUSDT
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
Lighter ZEC
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD