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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.05 per $10,000 · paid last 24h −0.018%
Price spread now: Aster against Katana Perps+0.001%7-day average −0.020% · 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)−0.058%−$6 on $10k
Price spread, last 7 days−0.040%−$4 · spread now +0.001%, 7d avg −0.020%
Together, before fees−0.098%+ Points / potential airdropAster: Stage 5 · farm board−$10 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: Aster is 0.021% dearer against Katana Perps than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,4620.0095pay 0.0095% / 8h2h 02m$13K$862K10x
ShortAster ZECUSDT1,4620.0100get 0.0100% / 8h2h 02m$15.4M$33.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Katana Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.97
Price spread: +0.001% → −0.020%
$2.07
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$8.76
Costs to cover
0.118%
Break-even
70.5 days
Slippage unknown: Katana Perps: no order-book sample; Aster: live order book, 6 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 Aster live order book, 6 min ago0.86 bp5.7 bp −$68.7 bp −$8726.3 bp −$2,630128.5 bp −$64.2K
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−0.3476%1h1,446.2−1.083%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0087%8h1,461.1−0.058%$28.9M$75.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,461.8−0.014%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,462.2+0.013%$17.8M$44.9M25xas long as short
Bybit ZECUSDT−0.0036%8h1,460.4−0.109%$269.5M$679.0M75xas long as short
Variational Omni ZEC−0.0014%8h1,458.9−0.211%$45.7M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,462.1+0.005%$412K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,462.3+0.019%$935K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,461.4−0.042%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,462.5+0.033%$595K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ZEC-USD.P+0.0005%1h1,460.7−0.088%$396K$516K5xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,462.2+0.016%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0013% / S +0.0076%1h1,461.9−0.002%$559K100xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,461.5−0.036%$293K$1.5M20xas long as short
01 Exchange ZECUSD+0.0040%1h1,462.4+0.029%$8K$8K5xas long as short
Gate ZEC_USDT+0.0055%8h1,461.9−0.005%$50.0M$191.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0056%8h1,460.9−0.073%$175.0M$1.37B50xas long as short
Katana Perps ZEC-USDlong+0.0095%8h1,462long leg$13K$862K10x
Lighter ZEC+0.0096%1h1,463.5+0.107%$18.9M$54.8M20xas long as short
Popdex ZECUSDT+0.0096%1h1,461.6−0.023%$174K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,461.7−0.016%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.6+0.040%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462.6+0.042%$758.3M$495.2M10xas long as short
Aster ZECUSDTshort+0.0100%8h1,462+0.001%$15.4M$33.8M75x
Pacifica ZEC+0.0100%1h1,462.4+0.026%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,461.8−0.015%$668.6M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,462.1+0.006%$223.2M$901.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,461.9−0.003%$103.3M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,461−0.066%$161.6M$312.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,461.8−0.010%$101.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,462.7+0.046%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,460.8−0.084%$508K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,461.7−0.017%$3.0M$492K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461.1−0.061%$429K$816K50xas long as short
StandX ZEC-USD+0.0100%1h1,462.4+0.030%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,461.6−0.026%$343K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,461.5−0.033%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,460.3−0.117%$446K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,463.7+0.116%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,461.9−0.004%$222K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,461.9−0.003%$2.4M$24.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,462.1+0.011%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,456.7−0.361%$897K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,462+0.003%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,461.5−0.030%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,461.5−0.031%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,462.4+0.026%$844K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,464+0.140%$3.7M$11.7M50xas long as short
Aftermath Perps ZECUSD+0.0495%1h1,461.2−0.055%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,462.4+0.030%$742K$8.0M10xas long as short
Lighter RH ZEC+0.0560%1h1,463.9+0.133%$2.0M$8.5M10xas long as short