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 −0.105%
Price spread now: ApeX Omni against Katana Perps+0.238%7-day average −0.133% · 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)−0.609%−$61 on $10k
Price spread, last 7 days−0.304%−$30 · spread now +0.238%, 7d avg −0.133%
Together, before fees−0.913%−$91 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: ApeX Omni is 0.371% dearer against Katana Perps than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of −0.133%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,470.60.0100pay 0.0100% / 8h6h 17m$11K$841K10x
ShortApeX Omni ZECUSDT1,474.10.0100get 0.0013% / 1h17m 12s$429K$895K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Katana 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: +0.238% → −0.133%
$37.08
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$23.33
Costs to cover
0.138%
Break-even
from the start
Slippage unknown: Katana Perps: no order-book sample; ApeX Omni: live order book, 52 min ago. 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 Katana Perps no order-book sample
Sell ApeX Omni live order book, 52 min ago3.61 bp12.8 bp −$1336.5 bp −$365doesn't fitdoesn't fit
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%1h1,459.6−0.751%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,471.7+0.074%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0014%1h1,472.5+0.130%$400K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,471.9+0.091%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,471.9+0.086%$414K$53K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.1+0.037%$973K$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,471.3+0.046%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.4+0.054%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0030%8h1,471.3+0.046%$294K$1.0M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,471.4+0.052%$384K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEC+0.0055%8h1,474.3+0.250%$48.1M$32.6Mas long as short
01 Exchange ZECUSD+0.0064%1h1,471.2+0.040%$8K$8K5xas long as short
Phoenix ZEC+0.0070%1h1,474.7+0.278%$4.7M$1.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,470.8+0.012%$173K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0097%8h1,471.2+0.044%$181.3M$1.27B50xas long as short
Katana Perps ZEC-USDlong+0.0100%8h1,470.6long leg$11K$841K10x
Paradex ZEC-USD-PERP+0.0100%8h1,471.8+0.084%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,471.2+0.040%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.9+0.157%$767.3M$443.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.5+0.065%$14.8M$30.1M75xas long as short
Pacifica ZEC+0.0100%1h1,471.8+0.084%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.8+0.079%$680.8M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,471.4+0.054%$271.8M$615.4M75xas long as short
Bulk ZEC-USD+0.0100%1h1,476.6+0.407%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,471.4+0.053%$50.2M$176.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.6+0.065%$215.5M$801.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471.4+0.052%$103.4M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.9+0.088%$163.5M$282.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,471+0.031%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,473.6+0.205%$574K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.3+0.249%$3.0M$453K10xas long as short
ApeX Omni ZECUSDTshort+0.0100%1h1,474.1+0.238%$429K$895K50x
StandX ZEC-USD+0.0100%1h1,473.7+0.211%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471.5+0.062%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.3+0.051%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470−0.041%$457K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.1+0.169%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.5+0.065%$243K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.6+0.067%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.1+0.102%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,471.6+0.069%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.2+0.039%$48K$162K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0139%1h1,472.1+0.103%$612K$1.3M25xas long as short
Lighter ZEC+0.0248%1h1,473.2+0.174%$19.3M$48.2M20xas long as short
Arcus ZEC-USD+0.0254%1h1,472.8+0.148%$692K$8.6M10xas long as short
Lighter RH ZEC+0.0288%1h1,473.6+0.202%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,471.5+0.061%$865K$1.0M10xas long as short
Backpack ZEC_USDC_PERP+0.0460%1h1,471.8+0.085%$2.5M$3.9M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,476.8+0.424%$3.7M$9.4M50xas long as short
Aftermath Perps ZECUSD+0.0747%1h1,473.7+0.214%$44K$46K10xas long as short