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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: SunX against Katana Perps+0.079%7-day average +0.120% · 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)+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.308%+$31 · spread now +0.079%, 7d avg +0.120%
Together, before fees+0.310%+$31 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: SunX is 0.041% cheaper against Katana Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.120%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ZEC-USD1,4620.0100pay 0.0100% / 8h4h 14m$11K$857K10x
ShortSunX ZEC-USDT1,463.20.0100get 0.0100% / 8h4h 14m$3K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.079% → +0.120%
−$4.06
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$15.82
Costs to cover
0.118%
Break-even
2517.5 days
Slippage unknown: Katana Perps: no order-book sample; SunX: live order book, 9 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 SunX live order book, 9 min ago29.03 bp67.7 bp −$68doesn't fitdoesn'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−0.3166%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
Kalshi KXZECPERP0.0000%8h1,460.9−0.081%$1.5M$4.5M2.2xas 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
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,462.2+0.008%$174K$1.7M50xas long as short
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%1h1,463.3+0.086%$760.9M$432.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,461.7−0.023%$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%8h1,462.1+0.003%$672.1M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,461.7−0.025%$262.4M$602.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,461.9−0.008%$178.6M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458.4−0.249%$396K$442K5xas long as short
Gate ZEC_USDT+0.0100%8h1,461.9−0.008%$50.7M$175.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,462.1+0.007%$216.8M$774.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,461.9−0.013%$103.1M$54.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,462.4+0.022%$166.4M$271.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,461.1−0.062%$6.7Mas 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-USDTshort+0.0100%8h1,463.2+0.079%$3K$1.1M20x
SoDEX ZEC-USD+0.0100%1h1,461.9−0.008%$234K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,459.8−0.150%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,460.2−0.126%$3.8M$5.1M50xas long as short
Bulk ZEC-USD+0.0100%1h1,460.6−0.096%$882K$18K10xas long as short
Extended ZEC-USD+0.0104%1h1,462.1+0.002%$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+0.0134%1h1,461.1−0.063%$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%1h1,462.4+0.027%$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%1h1,462.3+0.020%$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