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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: StandX against Katana Perps+0.124%7-day average +0.012% · 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)+0.008%+$1 on $10k
Price spread, last 7 days−0.110%−$11 · spread now +0.124%, 7d avg +0.012%
Together, before fees−0.102%+ Points / potential airdropStandX: Active · 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: StandX is 0.112% dearer against Katana Perps than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,494.60.0100pay 0.0100% / 8h2h 03m$12K$858K10x
ShortStandX ZEC-USD1,496.50.0100get 0.0013% / 1h3m 55s$57K$4.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$0.08
Price spread: +0.124% → +0.012%
$11.21
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$0.67
Costs to cover
0.118%
Break-even
never at this rate
Slippage unknown: Katana Perps: no order-book sample; StandX: live order book, 5 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 StandX live order book, 5 min ago2.51 bp6.6 bp −$710.1 bp −$101doesn'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−0.3243%1h1,479.2−1.034%$34K$273K12xas long as short
Bulk ZEC-USD−0.0279%1h1,512.6+1.204%$914K$15K10xas long as short
BloFin ZEC-USDT−0.0119%8h1,495.2+0.041%$30.5M$73.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,495.5+0.060%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,495.1+0.032%$415K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,495.8+0.076%$1.7M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,495.3+0.042%$85K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,495+0.028%$5.3M150xas long as short
Orderly PERP_ZEC_USDC+0.0070%8h1,494.60.000%$293K$1.1M20xas long as short
01 Exchange ZECUSD+0.0088%1h1,494.9+0.020%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,500.8+0.413%$4.8M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,494.8+0.013%$152K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,495+0.025%$2.8M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,496.5+0.126%$780.5M$438.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,494.9+0.020%$14.2M$29.5M75xas long as short
Pacifica ZEC+0.0100%1h1,495.2+0.041%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,495.3+0.046%$694.5M$2.27B75xas long as short
Bybit ZECUSDT+0.0100%8h1,495.4+0.055%$274.6M$620.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,495.3+0.048%$181.3M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,495.9+0.086%$407K$481K5xas long as short
Gate ZEC_USDT+0.0100%8h1,495.3+0.046%$54.1M$182.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,495.1+0.033%$225.6M$784.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,495.4+0.054%$103.1M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,495.3+0.046%$161.2M$285.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,495+0.023%$114.0Mas long as short
Variational Omni ZEC+0.0100%8h1,498.3+0.249%$49.0M$33.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,496.9+0.150%$573K$8.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,498.9+0.286%$3.1M$477K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,499.7+0.340%$415K$930K50xas long as short
StandX ZEC-USDshort+0.0100%1h1,496.5+0.124%$57K$4.6M30x
Polymarket Perps ZEC-USD+0.0100%1h1,495.1+0.032%$362K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,495.2+0.038%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,493.7−0.063%$456K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,496.8+0.145%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,494.2−0.026%$254K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,494.1−0.035%$2.6M$19.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,494.6−0.003%$4.0M$5.0M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0100%1h1,495.1+0.030%$711K$1.4M25xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,495.6+0.066%$62K$43K10xas long as short
Katana Perps ZEC-USDlong+0.0100%8h1,494.6long leg$12K$858K10x
Extended ZEC-USD+0.0104%1h1,495.3+0.043%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,494.2−0.025%$45K$149K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0109% / S −0.0085%1h1,494.8+0.010%$404K100xas long as short
Kraken Futures PF_ZECUSD+0.0144%1h1,494.5−0.010%$18.1M$46.2M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,494.8+0.011%$933K$1.2M10xas long as short
Lighter ZEC+0.0216%1h1,495.7+0.072%$19.6M$45.9M20xas long as short
Lighter RH ZEC+0.0216%1h1,496.3+0.112%$2.1M$7.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0349%1h1,495.5+0.058%$2.3M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0399%1h1,498.8+0.281%$50K$61K10xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,496.5+0.123%$3.7M$9.9M50xas long as short
Arcus ZEC-USD+0.0508%1h1,496+0.092%$620K$8.5M10xas long as short