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= −0.2% APRnext payment $0.02 per $10,000 · paid last 24h −0.001%
Price spread now: Katana Perps against HTX+0.093%7-day average +0.012% · 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)+0.087%+$9 on $10k
Price spread, last 4 days (all we have)−0.176%−$18 · spread now +0.093%, 7d avg +0.012%
Together, before fees−0.089%−$9 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 0.081% dearer against HTX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ZEC-USDT1,502.10.0100pay 0.0100% / 8h18m 09s$2.7M$20.7M75x
ShortKatana Perps ZEC-USD1,503.50.0098get 0.0098% / 8h18m 09s$12K$891K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against HTX. 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
−$0.44
Price spread: +0.093% → +0.012%
$8.06
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$8.18
Costs to cover
0.158%
Break-even
never at this rate
Slippage unknown: HTX: 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 HTX live order book, 1 min ago2.06 bp9.3 bp −$915.4 bp −$15441.1 bp −$4,110doesn'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−0.3442%1h1,479.6−1.499%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,502.3+0.012%$62K$303K10xas long as short
BloFin ZEC-USDT−0.0148%8h1,504.3+0.144%$31.3M$76.0M75xas long as short
Bulk ZEC-USD−0.0108%1h1,495.7−0.425%$810K$100K10xas long as short
Aftermath Perps ZECUSD−0.0100%1h1,497.3−0.320%$48K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,503.4+0.085%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,503.9+0.119%$418K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,504.3+0.147%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,503.8+0.110%$5.4M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,504.5+0.161%$18.0M$47.1M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ZEC-USD.P+0.0043%1h1,498−0.273%$408K$555K5xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,503.7+0.109%$303K$864K20xas long as short
01 Exchange ZECUSD+0.0088%1h1,503.5+0.096%$8K$6K5xas long as short
Phoenix ZEC+0.0096%1h1,496−0.405%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,503+0.060%$183K$1.8M50xas long as short
Katana Perps ZEC-USDshort+0.0098%8h1,503.5+0.093%$12K$891K10x
Paradex ZEC-USD-PERP+0.0100%8h1,503.7+0.109%$62K$20K10xas long as short
Nado ZEC-PERP+0.0100%1h1,504.7+0.174%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,504.6+0.166%$786.0M$439.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,503.3+0.078%$14.1M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,503.8+0.113%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,503.7+0.105%$703.5M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,503.3+0.081%$270.3M$618.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,503.5+0.095%$183.9M$1.34B50xas long as short
Gate ZEC_USDT+0.0100%8h1,504+0.126%$56.9M$185.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,503.8+0.113%$241.8M$804.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,503.9+0.122%$103.2M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,503.8+0.113%$162.6M$289.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,503.6+0.103%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,495.2−0.460%$48.9M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,493.9−0.545%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,496.3−0.386%$3.1M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,494.6−0.500%$411K$946K50xas long as short
StandX ZEC-USD+0.0100%1h1,502.4+0.019%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,503+0.060%$361K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,503.7+0.105%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,502.7+0.040%$459K$469K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,506.1+0.269%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,503.8+0.115%$254K$3.4M10xas long as short
HTX ZEC-USDTlong+0.0100%8h1,502.1long leg$2.7M$20.7M75x
Phemex ZECUSDT+0.0100%8h1,503.6+0.097%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,503.9+0.119%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,503.9+0.123%$43K$151K20xas long as short
Lighter RH ZEC+0.0112%1h1,504.9+0.187%$2.1M$7.4M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0115%1h1,504.6+0.169%$687K$1.4M25xas long as short
RISEx ZEC/USDC+0.0128%1h1,503.5+0.096%$946K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0146% / S −0.0143%1h1,504+0.125%$334K100xas long as short
Lighter ZEC+0.0208%1h1,505.1+0.199%$20.0M$45.8M20xas long as short
Arcus ZEC-USD+0.0403%1h1,504.3+0.147%$610K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,504.8+0.182%$3.7M$9.8M50xas long as short
Backpack ZEC_USDC_PERP+0.0524%1h1,504.3+0.143%$2.3M$3.8M15xas long as short