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+0.0004%/8h= +0.5% APRpaid last 24h +0.001%
Price spread now: edgeX against Katana Perps−0.209%7-day average −0.058% · you buy dearer than you sell
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+0.178%+$18 · spread now −0.209%, 7d avg −0.058%
Together, before fees+0.185%+ Points / potential airdropedgeX: Active · farm board+$19 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: edgeX is 0.150% cheaper against Katana Perps than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,4690.0096pay 0.0096% / 8h1h 44m$14K$864K10x
ShortedgeX ZECUSDC1,465.90.0100get 0.0050% / 4h1h 44m$510K$9.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$0.88
Price spread: −0.209% → −0.058%
−$15.03
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$26.96
Costs to cover
0.128%
Break-even
222.5 days
Slippage unknown: Katana Perps: no order-book sample; edgeX: live order book, 4 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 edgeX live order book, 4 min ago0.44 bp5.4 bp −$511.8 bp −$118doesn'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 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−0.3310%1h1,462.9−0.410%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,468.5−0.030%$17.9M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0118%1h1,466.9−0.141%$398K$521K5xas long as short
BloFin ZEC-USDT−0.0097%8h1,468.5−0.033%$29.1M$75.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.1+0.007%$6K$2K10xas long as short
Bybit ZECUSDT−0.0045%8h1,467.1−0.125%$271.6M$674.3M75xas long as short
Variational Omni ZEC−0.0022%8h1,467.6−0.093%$46.6M$34.0Mas long as short
dYdX ZEC-USD0.0000%1h1,469.2+0.018%$414K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,469.5+0.037%$893K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,468.1−0.062%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,468.9−0.007%$598K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,468.7−0.020%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,468.5−0.031%$543K100xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,468.1−0.060%$294K$1.5M20xas long as short
ApeX Omni ZECUSDT+0.0045%1h1,467.1−0.126%$431K$818K50xas long as short
OKX ZEC-USDT-SWAP+0.0050%8h1,467.3−0.115%$176.1M$1.36B50xas long as short
Bulk ZEC-USD+0.0054%1h1,460.6−0.572%$899K$25K10xas long as short
Gate ZEC_USDT+0.0060%8h1,467.7−0.086%$49.9M$184.2M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,469.1+0.007%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,459.6−0.637%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USDlong+0.0096%8h1,469long leg$14K$864K10x
Lighter ZEC+0.0096%1h1,470+0.071%$19.0M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,468.5−0.033%$173K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468.5−0.034%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470+0.070%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.6−0.022%$760.9M$490.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.1−0.063%$15.4M$33.2M75xas long as short
Pacifica ZEC+0.0100%1h1,469.4+0.029%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,467.5−0.102%$675.5M$2.51B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.7−0.089%$221.5M$855.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.8−0.082%$103.2M$56.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.6−0.093%$162.8M$308.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,467.8−0.078%$6.7Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,465.9−0.209%$510K$9.5M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,468.6−0.025%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,466.9−0.142%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.7−0.018%$346K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,468.3−0.048%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.4−0.174%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,470.7+0.120%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,468.3−0.046%$223K$4.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.6−0.163%$2.4M$24.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.7−0.016%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,467.9−0.073%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.9−0.069%$37K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,469.2+0.018%$845K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0234%1h1,469+0.001%$2.3M$4.0M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,470.5+0.103%$3.7M$11.7M50xas long as short
Arcus ZEC-USD+0.0444%1h1,469.6+0.040%$730K$8.1M10xas long as short
Lighter RH ZEC+0.0448%1h1,470.2+0.086%$2.0M$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0529%1h1,466−0.203%$41K$34K10xas long as short