Funding you earn now, next payment 02:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h −0.027%
Price spread now: gTrade (Gains Network) against Katana Perps+0.055%7-day average +0.024% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.092%−$9 on $10k
+Price spread, last 3 days (all we have)+0.062%+$6 · spread now +0.055%, 7d avg +0.024%
=The price spread pays, funding is against you. gTrade (Gains Network) is 0.031% dearer against Katana Perps than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of +0.024%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps ZEC-USD | 1,470.3 | 0.0100 | pay 0.0100% / 8h | 6h 38m | $16K | $839K | 10x |
| Short | gTrade (Gains Network) ZEC/USD | 1,471.1 | L +0.0007% / S −0.0006% | get 0.0001% / 1h | 38m 24s | $5.2M | — | 150x |
Katana Perps ZEC-USD
gTrade (Gains Network) ZEC/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$19.63
- Price spread: +0.055% → +0.024%
- $3.06
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$30.37
- Costs to cover
- 0.138%
- Break-even
- never at this rate
Slippage unknown: Katana Perps: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 1 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 gTrade (Gains Network) virtual book (oracle venue), 1 min ago | 130.02 bp | 135.0 bp −$135 | 584.7 bp −$5,847 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3678% | 1h | 1,469.7 | −0.039% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.2 | +0.129% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0059% | 1h | 1,467.1 | −0.216% | $398K | $516K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,471.9 | +0.108% | $18.0M | $43.7M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,471 | +0.047% | $414K | $57K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,470.2 | −0.007% | $971K | $5.1M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,471 | +0.048% | $84K | $261K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDshort | L +0.0007% / S −0.0006% | 1h | 1,471.1 | +0.055% | $5.2M | — | 150x | |
| BloFin ZEC-USDT | +0.0012% | 8h | 1,475.2 | +0.335% | $29.6M | $73.3M | 75x | as long as short |
| Variational Omni ZEC | +0.0023% | 8h | 1,466.1 | −0.283% | $47.8M | $33.3M | — | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
BloFin ZEC-USDT
Variational Omni ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0026% | 8h | 1,471.5 | +0.085% | $294K | $1.1M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,471.3 | +0.067% | $8K | $9K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,470.8 | +0.034% | $384K | — | 100x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,466.9 | −0.232% | $4.6M | $1.5M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0086% | 8h | 1,471.3 | +0.071% | $181.1M | $1.29B | 50x | as long as short |
| Gate ZEC_USDT | +0.0091% | 8h | 1,471.2 | +0.061% | $49.9M | $175.0M | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,470.9 | +0.042% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USDlong | +0.0100% | 8h | 1,470.3 | long leg | $16K | $839K | 10x | |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,470.8 | +0.039% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,472.5 | +0.151% | $2.5M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,472.1 | +0.124% | $766.0M | $443.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,471.1 | +0.059% | $14.9M | $31.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,471.8 | +0.102% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,470.9 | +0.045% | $679.5M | $2.35B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,470.7 | +0.028% | $271.5M | $628.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,471.3 | +0.071% | $216.3M | $796.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,470.9 | +0.046% | $103.5M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,471.4 | +0.075% | $163.4M | $286.6M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,470.8 | +0.033% | — | $100.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,469.5 | −0.054% | $572K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,465.5 | −0.328% | $3.0M | $443K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,467.8 | −0.168% | $427K | $906K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,465.3 | −0.337% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,471.3 | +0.070% | $340K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,470.8 | +0.036% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470.1 | −0.011% | $458K | $510K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,473.9 | +0.243% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,471.6 | +0.091% | $242K | $3.9M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,470.9 | +0.041% | $2.5M | $19.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,472.3 | +0.137% | $3.9M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,474.6 | +0.298% | $897K | $17K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,470.9 | +0.041% | $3.2M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,471.2 | +0.063% | $48K | $167K | 20x | as long as short |
| Lighter ZEC | +0.0232% | 1h | 1,473.4 | +0.213% | $19.2M | $48.0M | 20x | as long as short |
| Lighter RH ZEC | +0.0240% | 1h | 1,473.8 | +0.238% | $2.1M | $7.1M | 10x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,472.5 | +0.149% | $687K | $8.7M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,471.6 | +0.091% | $855K | $1.0M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0422% | 1h | 1,472.6 | +0.156% | $606K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,473.3 | +0.205% | $3.6M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0508% | 1h | 1,472.5 | +0.152% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0735% | 1h | 1,471.2 | +0.067% | $44K | $46K | 10x | as long as short |
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
Bulk ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
Lighter ZEC
Lighter RH ZEC
Arcus ZEC-USD
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD