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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.026%
Price spread now: Ondo Perps against Katana Perps−0.249%7-day average −0.040% · 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)−0.023%−$2 on $10k
Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.249%, 7d avg −0.040%
Together, before fees+0.076%+ Points / potential airdropOndo Perps: Active · farm board+$8 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: Ondo Perps is 0.209% cheaper against Katana Perps than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,4620.0100pay 0.0100% / 8h4h 13m$11K$857K10x
ShortOndo Perps ZEC-USD.P1,458.40.0100get 0.0013% / 1h13m 43s$396K$442K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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: −0.249% → −0.040%
−$20.95
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$29.7
Costs to cover
0.088%
Break-even
4721.4 days
Slippage unknown: Katana Perps: no order-book sample; Ondo Perps: no order-book sample. 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 Ondo Perps no order-book sample
Katana Perps and Ondo 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−0.3166%1h1,445.2−1.150%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,460.7−0.094%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0069%8h1,460.4−0.111%$29.5M$71.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,459.7−0.157%$411K$38K5xas long as short
Perpl ZEC0.0000%43m1,461.5−0.034%$84K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,462−0.005%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,462−0.005%$292K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0070% / S −0.0020%1h1,461.8−0.018%$410K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,462.1+0.005%$8K$7K5xas long as short
Popdex ZECUSDT+0.0096%1h1,462.2+0.008%$174K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USDlong+0.0100%8h1,462long leg$11K$857K10x
Paradex ZEC-USD-PERP+0.0100%8h1,461.3−0.050%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.6+0.039%$2.8M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462−0.003%$760.3M$432.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,461.6−0.029%$14.8M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,461.4−0.047%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,460.7−0.090%$671.4M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,459.9−0.148%$262.1M$602.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,460.6−0.098%$178.4M$1.23B50xas long as short
Ondo Perps ZEC-USD.Pshort+0.0100%1h1,458.4−0.249%$396K$442K5x
Gate ZEC_USDT+0.0100%8h1,460.6−0.098%$50.7M$175.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,460.8−0.084%$216.4M$774.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.9−0.077%$103.1M$53.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,460.8−0.083%$166.1M$271.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,460.9−0.076%$105.8Mas long as short
Variational Omni ZEC+0.0100%8h1,459.3−0.188%$47.9M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,459.6−0.164%$568K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,460.7−0.094%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,460.8−0.087%$405K$940K50xas long as short
StandX ZEC-USD+0.0100%1h1,460.6−0.098%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,462−0.003%$355K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,461.6−0.032%$161K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,461.1−0.067%$446K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,463.2+0.079%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,461.9−0.008%$234K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,461−0.072%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,461.5−0.036%$3.8M$5.1M50xas long as short
Bulk ZEC-USD+0.0100%1h1,460.6−0.096%$882K$18K10xas long as short
Kalshi KXZECPERP+0.0100%8h1,461.8−0.016%$1.5M$4.5M2.2xas long as short
Extended ZEC-USD+0.0104%1h1,460.7−0.093%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,461.8−0.014%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,460.1−0.133%$4.6M$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0142%1h1,462.5+0.032%$2.4M$3.8M15xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0187%1h1,462.8+0.051%$617K$1.3M25xas long as short
Lighter ZEC+0.0248%1h1,462−0.006%$19.2M$46.0M20xas long as short
Kraken Futures PF_ZECUSD+0.0276%1h1,461.7−0.023%$18.1M$45.0M25xas long as short
Lighter RH ZEC+0.0360%1h1,463.2+0.077%$2.1M$7.0M10xas long as short
RISEx ZEC/USDC+0.0412%1h1,461.9−0.013%$925K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,464.1+0.139%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0626%1h1,462.4+0.024%$682K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0680%1h1,461.3−0.048%$45K$49K10xas long as short