Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.029%
Price spread now: dYdX against Katana Perps−0.009%7-day average +0.009% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.251%−$25 · spread now −0.009%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps ZEC-USD | 1,451.4 | 0.0100 | pay 0.0100% / 8h | 5h 04m | $11K | $876K | 10x |
| Short | dYdX ZEC-USD | 1,451.3 | 0 | get 0.0000% / 1h | 4m 01s | $409K | $40K | 5x |
Katana Perps ZEC-USD
dYdX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.96
- Price spread: −0.009% → +0.009%
- −$1.82
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$36.58
- Costs to cover
- 0.138%
- Break-even
- never at this rate
Slippage unknown: Katana Perps: no order-book sample; dYdX: live order book, 60 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Katana Perps no order-book sample | — | — | — | — | — |
| Sell dYdX live order book, 60 min ago | 19.97 bp | 29.8 bp −$30 | 52.2 bp −$522 | 141.5 bp −$14.1K | 954.9 bp −$477.5K |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3244% | 1h | 1,435.8 | −1.079% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,452.1 | +0.048% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0078% | 8h | 1,451.3 | −0.010% | $29.3M | $70.5M | 75x | as long as short |
| dYdX ZEC-USDshort | 0.0000% | 1h | 1,451.3 | −0.009% | $409K | $40K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,452.3 | +0.064% | $1.5M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,451.7 | +0.018% | $83K | $241K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,450.5 | −0.061% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0054% | 8h | 1,450.3 | −0.078% | $290K | $963K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0062% / S −0.0012% | 1h | 1,450.2 | −0.080% | $407K | — | 100x | as long as short |
| Phoenix ZEC | +0.0074% | 1h | 1,450.6 | −0.057% | $4.6M | $1.4M | 10x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,450.7 | −0.052% | $173K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USDlong | +0.0100% | 8h | 1,451.4 | long leg | $11K | $876K | 10x | |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,452 | +0.042% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,450.9 | −0.035% | $2.6M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,451.6 | +0.013% | $754.8M | $434.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,450.3 | −0.074% | $14.4M | $28.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,452.4 | +0.070% | $1.6M | $2.5M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,450.6 | −0.054% | $664.2M | $2.23B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,449.7 | −0.119% | $262.1M | $606.3M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,450.2 | −0.087% | $177.6M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,449 | −0.166% | $395K | $435K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,450 | −0.097% | $876K | $23K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,450.4 | −0.069% | $49.8M | $176.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,450.1 | −0.092% | $221.1M | $782.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,450.2 | −0.085% | $102.0M | $55.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,450.3 | −0.076% | $161.6M | $272.8M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,450.5 | −0.066% | — | $96.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,451 | −0.028% | $2.5M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,449.4 | −0.138% | $47.3M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,452 | +0.043% | $565K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,453.8 | +0.168% | $3.0M | $432K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,453.1 | +0.113% | $409K | $911K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,451.4 | −0.001% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,451 | −0.028% | $367K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,450.8 | −0.044% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,449.5 | −0.132% | $443K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,453.2 | +0.125% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,450.5 | −0.066% | $232K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,451.3 | −0.006% | $2.7M | $18.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,450.5 | −0.062% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,449.9 | −0.101% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,450.3 | −0.080% | $47K | $153K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0136% | 1h | 1,451.8 | +0.025% | $8K | $7K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0196% | 1h | 1,450.2 | −0.082% | $17.9M | $44.6M | 25x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0230% | 1h | 1,451.1 | −0.022% | $609K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0232% | 1h | 1,452 | +0.039% | $19.0M | $46.8M | 20x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,453.5 | +0.147% | $723K | $8.4M | 10x | as long as short |
| Lighter RH ZEC | +0.0360% | 1h | 1,452.1 | +0.049% | $2.0M | $6.9M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,452.2 | +0.052% | $830K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,452.1 | +0.049% | $3.7M | $9.0M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0682% | 1h | 1,453.4 | +0.139% | $44K | $49K | 10x | as long as short |
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
Kraken Futures PF_ZECUSD
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Arcus ZEC-USD
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD