Funding you earn now, next payment 16:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.28 per $10,000 · paid last 24h +0.021%
Price spread now: Katana Perps against Orderly−0.030%7-day average −0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.093%+$9 on $10k
+Price spread, last 4 days (all we have)−0.623%−$62 · spread now −0.030%, 7d avg −0.024%
=The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ZEC_USDC | 1,499.2 | 0.0069 | pay 0.0069% / 8h | 5h 51m | $303K | $855K | 20x |
| Short | Katana Perps ZEC-USD | 1,498.8 | 0.0097 | get 0.0097% / 8h | 5h 51m | $25K | $878K | 10x |
Orderly PERP_ZEC_USDC
Katana Perps ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against Orderly. 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
- $5.84
- Price spread: −0.030% → −0.024%
- −$0.56
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$4.52
- Costs to cover
- 0.098%
- Break-even
- 12.4 days
Slippage unknown: Orderly: no order-book sample; Katana 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Orderly and 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 50 exchanges
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 | −0.4130% | 1h | 1,490.6 | −0.577% | $36K | $267K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0200% | 8h | 1,499.7 | +0.035% | $32.0M | $72.6M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0178% | 1h | 1,500.4 | +0.079% | $408K | $498K | 5x | as long as short |
| Aftermath Perps ZECUSD | −0.0091% | 1h | 1,503.1 | +0.260% | $46K | $58K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,503.6 | +0.292% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,498.8 | −0.026% | $413K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,501.5 | +0.154% | $1.5M | $4.9M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,502 | +0.185% | $63K | $300K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,503.6 | +0.289% | $5.4M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0016% | 1h | 1,499.8 | +0.038% | $8K | $6K | 5x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Ondo Perps ZEC-USD.P
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSDShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ZECUSDT | +0.0024% | 1h | 1,503.4 | +0.275% | $411K | $949K | 50x | as long as short |
| RISEx ZEC/USDC | +0.0032% | 1h | 1,499.2 | −0.003% | $921K | $1.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0045% | 1h | 1,500.3 | +0.071% | $683K | $1.3M | 25x | as long as short |
| Phoenix ZEC | +0.0060% | 1h | 1,503.9 | +0.311% | $4.8M | $1.3M | 10x | as long as short |
| Orderly PERP_ZEC_USDClong | +0.0069% | 8h | 1,499.2 | long leg | $303K | $855K | 20x | |
| Aster ZECUSDT | +0.0092% | 8h | 1,499.3 | +0.004% | $14.1M | $27.2M | 75x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,500.6 | +0.090% | $19.9M | $39.0M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,501 | +0.117% | $2.0M | $7.1M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,499.5 | +0.019% | $170K | $1.4M | 50x | as long as short |
| Katana Perps ZEC-USDshort | +0.0097% | 8h | 1,498.8 | −0.030% | $25K | $878K | 10x | |
| Kraken Futures PF_ZECUSD | +0.0099% | 1h | 1,500 | +0.050% | $18.5M | $46.1M | 25x | as long as short |
| Paradex ZEC-USD-PERP | +0.0099% | 8h | 1,498.4 | −0.056% | $62K | $14K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,499.3 | +0.007% | $3.1M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,500.2 | +0.065% | $788.1M | $430.4M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,498.9 | −0.022% | $1.7M | $1.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,499.5 | +0.018% | $705.9M | $2.19B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,499.3 | +0.008% | $274.9M | $588.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,499.5 | +0.021% | $185.5M | $1.30B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,499.9 | +0.049% | $592K | $8.4M | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,499.3 | +0.005% | $62.6M | $171.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,499.8 | +0.036% | $177.6M | $824.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,499.3 | +0.005% | $105.0M | $52.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,499.6 | +0.025% | $163.8M | $278.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,498.2 | −0.071% | — | $6.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,499.8 | +0.038% | $2.2M | $3.7M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,505.7 | +0.432% | $49.5M | $34.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,503.4 | +0.276% | $549K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,503 | +0.253% | $3.1M | $601K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,502.5 | +0.221% | $112K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,499.4 | +0.012% | $368K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,499.5 | +0.018% | $167K | $188K | 20x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,501.7 | +0.165% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,499.5 | +0.019% | $257K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,498 | −0.082% | $2.6M | $20.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,500 | +0.054% | $4.0M | $4.8M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,505.5 | +0.420% | $781K | $158K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,499.5 | +0.018% | $2.7M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,498.8 | −0.027% | $37K | $163K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0186% / S −0.0197% | 1h | 1,502.3 | +0.207% | $350K | — | 100x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0352% | 1h | 1,501.2 | +0.135% | $3.9M | $9.5M | 50x | as long as short |
ApeX Omni ZECUSDT
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Phoenix ZEC
Aster ZECUSDT
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Kraken Futures PF_ZECUSD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Arcus ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
Coinbase International ZEC-PERP-INTX