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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.009%
Price spread now: Katana Perps against Extended+0.041%7-day average +0.034% · 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 4 days (all we have)+0.007%+$1 on $10k
Price spread, last 7 days−0.040%−$4 · spread now +0.041%, 7d avg +0.034%
Together, before fees−0.033%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,465.10.0104pay 0.0013% / 1h52m 58s$2.8M$7.7M10x
ShortKatana Perps ZEC-USD1,465.70.0100get 0.0100% / 8h5h 52m$19K$846K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against Extended. 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
−$0.88
Price spread: +0.041% → +0.034%
$0.72
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$8.97
Costs to cover
0.088%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 1 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 Extended live order book, 1 min ago1.90 bp7.7 bp −$810.3 bp −$10361.3 bp −$6,128doesn'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−0.3244%1h1,469.5+0.301%$34K$272K12xas long as short
ApeX Omni ZECUSDT−0.0430%1h1,464−0.080%$426K$879K50xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,464.1−0.070%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0014%1h1,465.5+0.026%$397K$440K5xas long as short
dYdX ZEC-USD0.0000%1h1,465.1−0.005%$413K$47K5xas long as short
Kalshi KXZECPERP0.0000%8h1,467.8+0.180%$968K$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,465.6+0.029%$84K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,466.3+0.081%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0034%8h1,465.8+0.048%$293K$983K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,466.2+0.077%$383K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0074%1h1,462.9−0.149%$4.6M$1.4M10xas long as short
Variational Omni ZEC+0.0084%8h1,465.1−0.004%$47.8M$32.1Mas long as short
01 Exchange ZECUSD+0.0096%1h1,466.9+0.124%$8K$7K5xas long as short
Popdex ZECUSDT+0.0096%1h1,465.9+0.051%$174K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0098%8h1,465.2+0.002%$180.4M$1.24B50xas long as short
Katana Perps ZEC-USDshort+0.0100%8h1,465.7+0.041%$19K$846K10x
Paradex ZEC-USD-PERP+0.0100%8h1,466.4+0.085%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,466.5+0.091%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,466.3+0.081%$764.3M$432.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,465.7+0.038%$14.7M$29.0M75xas long as short
Pacifica ZEC+0.0100%1h1,466.4+0.090%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,465.2+0.007%$676.8M$2.25B75xas long as short
Bybit ZECUSDT+0.0100%8h1,464.8−0.022%$271.3M$604.1M75xas long as short
Bulk ZEC-USD+0.0100%1h1,462.6−0.175%$888K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,465.2+0.002%$50.1M$170.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,465.7+0.040%$215.5M$768.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466+0.063%$103.1M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,465.10.000%$162.8M$275.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,465.7+0.038%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,461.8−0.227%$569K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,465.9+0.055%$3.0M$430K10xas long as short
StandX ZEC-USD+0.0100%1h1,464.6−0.035%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,465.7+0.040%$342K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.2+0.074%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,464.7−0.032%$447K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,468.2+0.212%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.1+0.065%$242K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,465.9+0.054%$2.5M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,465.8+0.047%$3.9M$5.2M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,465.1long leg$2.8M$7.7M10x
Aevo ZEC-PERP+0.0104%1h1,465.6+0.033%$48K$155K20xas long as short
Lighter ZEC+0.0152%1h1,467.1+0.138%$19.2M$45.8M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0152%1h1,466.8+0.117%$612K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0162%1h1,466+0.059%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0194%1h1,466+0.059%$18.0M$43.7M25xas long as short
Arcus ZEC-USD+0.0277%1h1,467.9+0.188%$698K$8.5M10xas long as short
Lighter RH ZEC+0.0288%1h1,467.6+0.172%$2.1M$6.8M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,466.6+0.103%$849K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,467.9+0.188%$3.7M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0730%1h1,467.1+0.138%$43K$46K10xas long as short