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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.3% APRpaid last 24h −0.001%
Price spread now: Katana Perps against edgeX−0.234%7-day average +0.058% · 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)−0.008%−$1 on $10k
Price spread, last 7 days+0.298%+$30 · spread now −0.234%, 7d avg +0.058%
Together, before fees+0.290%+ Points / potential airdropedgeX: Active · farm board+$29 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 0.292% cheaper against edgeX than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,494.80.0100pay 0.0050% / 4h1h 00m$572K$9.0M20x
ShortKatana Perps ZEC-USD1,491.30.0097get 0.0097% / 8h1h 00m$12K$876K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against edgeX. 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
−$0.52
Price spread: −0.234% → +0.058%
−$29.19
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$42.52
Costs to cover
0.128%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 3 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 edgeX live order book, 3 min ago0.37 bp4.9 bp −$58.6 bp −$86doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3684%1h1,481−0.922%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,490.5−0.285%$61K$304K10xas long as short
BloFin ZEC-USDT−0.0144%8h1,491.1−0.245%$30.8M$75.0M75xas long as short
Kraken Futures PF_ZECUSD−0.0096%1h1,491.5−0.218%$18.1M$46.6M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,493.1−0.115%$6K$1K10xas long as short
Aftermath Perps ZECUSD−0.0017%1h1,494.4−0.026%$48K$64K10xas long as short
dYdX ZEC-USD0.0000%1h1,490.5−0.288%$414K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,493.1−0.111%$1.5M$4.7M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,492−0.183%$5.3M150xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0046%1h1,492.2−0.169%$681K$1.4M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0081%8h1,491.4−0.223%$300K$1.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,491.6−0.210%$170K$1.8M50xas long as short
Katana Perps ZEC-USDshort+0.0097%8h1,491.3−0.234%$12K$876K10x
Paradex ZEC-USD-PERP+0.0100%8h1,491.7−0.204%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,491.9−0.195%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,490.5−0.285%$778.2M$447.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,489.2−0.373%$13.9M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,491.3−0.234%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,489.6−0.343%$694.3M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,489−0.388%$266.8M$630.3M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,489.8−0.330%$181.3M$1.34B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,494.1−0.044%$407K$554K5xas long as short
Bulk ZEC-USD+0.0100%1h1,494.2−0.035%$903K$7K10xas long as short
Gate ZEC_USDT+0.0100%8h1,489.4−0.359%$55.0M$187.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,489.7−0.341%$241.9M$801.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,489.5−0.353%$102.6M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,490−0.319%$160.2M$289.8M75xas long as short
BingX ZEC-USDT+0.0100%8h1,489.2−0.375%$118.0Mas long as short
Variational Omni ZEC+0.0100%8h1,489.9−0.325%$48.8M$34.7Mas long as short
edgeX ZECUSDClong+0.0100%4h1,494.8long leg$572K$9.0M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,493.7−0.070%$3.1M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,495.6+0.054%$412K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,493.5−0.085%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,491.6−0.212%$357K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,490.9−0.261%$163K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,493.1−0.113%$456K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,494.1−0.046%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,491.1−0.244%$254K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,491.8−0.200%$2.7M$20.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,491.3−0.234%$4.0M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,489.4−0.356%$2.7M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,491.6−0.215%$43K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,492.2−0.173%$8K$7K5xas long as short
RISEx ZEC/USDC+0.0129%1h1,492−0.185%$937K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,496.6+0.122%$4.8M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0138% / S −0.0134%1h1,491.9−0.195%$392K100xas long as short
Lighter RH ZEC+0.0176%1h1,492.8−0.132%$2.1M$7.5M10xas long as short
Arcus ZEC-USD+0.0221%1h1,492.1−0.176%$615K$8.8M10xas long as short
Lighter ZEC+0.0240%1h1,492.6−0.143%$19.6M$47.1M20xas long as short
Backpack ZEC_USDC_PERP+0.0262%1h1,491.4−0.225%$2.3M$3.9M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,492.8−0.132%$3.7M$10.1M50xas long as short