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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Katana Perps against Polymarket Perps−0.001%7-day average +0.018% · 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)+0.034%+$3 on $10k
Price spread, last 7 days+0.056%+$6 · spread now −0.001%, 7d avg +0.018%
Together, before fees+0.089%+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,473.80.0100pay 0.0013% / 1h19m 25s$347K$1.8M10x
ShortKatana Perps ZEC-USD1,473.80.0100get 0.0100% / 8h6h 19m$12K$840K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against Polymarket 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: −0.001% → +0.018%
−$1.94
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$13.79
Costs to cover
0.118%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 4 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 Polymarket Perps live order book, 4 min ago1.36 bp8.0 bp −$811.2 bp −$11230.5 bp −$3,049doesn'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 50 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−0.3678%1h1,459.6−0.967%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,474.9+0.074%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0010%1h1,472.9−0.061%$400K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,474.5+0.049%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,474.4+0.039%$415K$53K5xas long as short
Kalshi KXZECPERP0.0000%8h1,475.3+0.098%$975K$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,472.9−0.060%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,473.8+0.001%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0029%8h1,473.7−0.005%$294K$1.0M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,474.4+0.042%$385K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEC+0.0055%8h1,474.3+0.031%$48.1M$32.6Mas long as short
Phoenix ZEC+0.0070%1h1,474.7+0.060%$4.7M$1.5M10xas long as short
01 Exchange ZECUSD+0.0072%1h1,473.8−0.001%$8K$8K5xas long as short
Popdex ZECUSDT+0.0096%1h1,473.4−0.028%$173K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0097%8h1,473.6−0.016%$181.6M$1.27B50xas long as short
Katana Perps ZEC-USDshort+0.0100%8h1,473.8−0.001%$12K$840K10x
Paradex ZEC-USD-PERP+0.0100%8h1,473.8+0.003%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.9+0.076%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,475+0.081%$768.1M$443.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,473.9+0.005%$14.8M$30.3M75xas long as short
Pacifica ZEC+0.0100%1h1,474.3+0.031%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,473.7−0.004%$681.8M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,473.4−0.024%$272.1M$615.6M75xas long as short
Bulk ZEC-USD+0.0100%1h1,476.6+0.189%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,473.5−0.018%$50.3M$176.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,473.5−0.021%$215.8M$800.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473.8−0.003%$103.5M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,473.7−0.009%$163.7M$282.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,472.9−0.058%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,474.4+0.042%$574K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.6−0.017%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474.8+0.070%$429K$896K50xas long as short
StandX ZEC-USD+0.0100%1h1,475.1+0.086%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,473.8long leg$347K$1.8M10x
Bullet ZEC-USD+0.0100%1h1,473.5−0.021%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,472.9−0.062%$458K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.1+0.226%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,474.3+0.032%$243K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,474.5+0.050%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,475+0.083%$3.9M$5.4M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0102%1h1,474.9+0.077%$614K$1.3M25xas long as short
Extended ZEC-USD+0.0104%1h1,473.7−0.009%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,474.2+0.030%$48K$162K20xas long as short
Arcus ZEC-USD+0.0254%1h1,475.2+0.096%$688K$8.6M10xas long as short
Lighter ZEC+0.0256%1h1,475.7+0.132%$19.3M$48.2M20xas long as short
Lighter RH ZEC+0.0288%1h1,476.2+0.164%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,474.2+0.024%$866K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,476.8+0.206%$3.7M$9.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0475%1h1,475.2+0.096%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0747%1h1,474.6+0.056%$44K$46K10xas long as short