Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.2% APRpaid last 24h −0.017%
Price spread now: Katana Perps against RISEx−0.007%7-day average −0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.198%−$20 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now −0.007%, 7d avg −0.024%
=The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ZEC/USDC | 1,515.2 | 0.0128 | pay 0.0016% / 1h | 8m 39s | $959K | $1.1M | 10x |
| Short | Katana Perps ZEC-USD | 1,515.1 | 0.0098 | get 0.0098% / 8h | 8m 39s | $16K | $895K | 10x |
RISEx ZEC/USDC
Katana Perps ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against RISEx. 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
- −$6.2
- Price spread: −0.007% → −0.024%
- $1.71
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$14.29
- Costs to cover
- 0.098%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 5 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy RISEx live order book, 5 min ago | 1.09 bp | 4.1 bp −$4 | 9.2 bp −$92 | 1806.8 bp −$180.7K | doesn'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 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 | −0.3442% | 1h | 1,514.7 | −0.035% | $37K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,517.9 | +0.177% | $62K | $306K | 10x | as long as short |
| Bulk ZEC-USD | −0.0412% | 1h | 1,508.1 | −0.470% | $776K | $147K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0193% | 8h | 1,522.2 | +0.459% | $31.3M | $77.2M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0091% | 1h | 1,508 | −0.475% | $48K | $59K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,522.7 | +0.495% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,516.4 | +0.075% | $421K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,520.3 | +0.334% | $1.7M | $4.9M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,522.7 | +0.493% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0011% | 1h | 1,522.9 | +0.509% | $18.3M | $47.7M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Bulk ZEC-USD
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ZEC-USD.P | +0.0053% | 1h | 1,505.3 | −0.656% | $412K | $558K | 5x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,515.2 | −0.002% | $8K | $6K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0083% | 8h | 1,522.1 | +0.452% | $306K | $863K | 20x | as long as short |
| Phoenix ZEC | +0.0096% | 1h | 1,510.1 | −0.340% | $4.8M | $1.4M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,515.1 | −0.006% | $176K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USDshort | +0.0098% | 8h | 1,515.1 | −0.007% | $16K | $895K | 10x | |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,516.6 | +0.092% | $63K | $19K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,515.5 | +0.019% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,518.1 | +0.189% | $794.7M | $442.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,514.8 | −0.029% | $14.2M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,516.8 | +0.103% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,515 | −0.015% | $708.6M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,514.2 | −0.072% | $273.3M | $625.4M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,514.3 | −0.059% | $183.2M | $1.38B | 50x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,515.4 | +0.008% | $59.7M | $189.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,515.6 | +0.023% | $221.4M | $814.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,516.9 | +0.109% | $103.8M | $56.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,515.4 | +0.011% | $164.1M | $292.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,515.1 | −0.012% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,508.2 | −0.464% | $49.7M | $34.9M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,509 | −0.411% | $578K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,508.3 | −0.457% | $3.1M | $519K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,509 | −0.409% | $415K | $947K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,515 | −0.018% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,522.1 | +0.453% | $410K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,522.7 | +0.492% | $170K | $193K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,521.2 | +0.394% | $464K | $408K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,524.7 | +0.621% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,522.2 | +0.460% | $257K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,521.8 | +0.432% | $2.7M | $21.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,521.3 | +0.402% | $4.1M | $4.9M | 50x | as long as short |
| Lighter RH ZEC | +0.0104% | 1h | 1,518 | +0.183% | $2.1M | $7.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,515.4 | +0.010% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,521.6 | +0.419% | $44K | $151K | 20x | as long as short |
| RISEx ZEC/USDClong | +0.0128% | 1h | 1,515.2 | long leg | $959K | $1.1M | 10x | |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0149% / S −0.0151% | 1h | 1,522.5 | +0.480% | $335K | — | 100x | as long as short |
| Lighter ZEC | +0.0160% | 1h | 1,518 | +0.180% | $19.7M | $46.9M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0321% | 1h | 1,523.4 | +0.539% | $696K | $1.4M | 25x | as long as short |
| Arcus ZEC-USD | +0.0403% | 1h | 1,515.3 | +0.007% | $598K | $8.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,523.4 | +0.538% | $3.7M | $9.9M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0502% | 1h | 1,522.9 | +0.505% | $2.4M | $3.7M | 15x | as long as short |
Ondo Perps ZEC-USD.P
01 Exchange ZECUSD
Orderly PERP_ZEC_USDC
Phoenix ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Lighter RH ZEC
Extended ZEC-USD
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP