ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.02 per $10,000 · paid last 24h +0.001%

Price spread now: Katana Perps against Paradex−0.060%57s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Katana Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.060% cheaper against Paradex than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex ZEC-USD-PERP	1,487.8	0.0100	pay 0.0100% / 8h	1h 21m	$61K	$43K	10x
Short	Katana Perps ZEC-USD	1,486.9	0.0098	get 0.0098% / 8h	1h 21m	$12K	$876K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Katana Perps against Paradex. 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

Position, each leg$Hold fordaysFee ParadexbpFee Katana PerpsbpOrdersPrice spread, now −0.060%Rate

Funding earned: −$0.43
Price spread: −0.060% → 0.000%: −$6.01
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Net: −$14.25
Costs to cover: 0.078%
Break-even: never at this rate

Slippage unknown: Paradex: 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 Paradex no order-book sample	—	—	—	—	—
Sell Katana Perps no order-book sample	—	—	—	—	—

Paradex 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 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	−0.3684%	1h	1,461.9	−1.740%	$36K	$275K	12x	as long as short
Bulk ZEC-USD	−0.0166%	1h	1,477.1	−0.718%	$892K	$9K	10x	as long as short
BloFin ZEC-USDT	−0.0144%	8h	1,486.7	−0.070%	$30.5M	$74.4M	75x	as long as short
Kraken Futures PF_ZECUSD	−0.0097%	1h	1,487.8	+0.004%	$18.0M	$46.6M	25x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,485.3	−0.169%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,486.7	−0.074%	$413K	$35K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,488.1	+0.018%	$1.6M	$4.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,486.3	−0.101%	$62K	$304K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0006%	1h	1,488.2	+0.029%	$680K	$1.4M	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,486.4	−0.096%	$5.3M	—	150x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZEC_USDC	+0.0077%	8h	1,487.5	−0.020%	$300K	$1.1M	20x	as long as short
Aftermath Perps ZECUSD	+0.0079%	1h	1,481.8	−0.402%	$47K	$64K	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,487.6	−0.013%	$168K	$1.8M	50x	as long as short
Katana Perps ZEC-USDshort	+0.0098%	8h	1,486.9	−0.060%	$12K	$876K	10x
Nado ZEC-PERP	+0.0100%	1h	1,487.5	−0.020%	$2.7M	$7.0M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,487.2	−0.041%	$13.9M	$30.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,487.8	+0.002%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,487.6	−0.015%	$693.2M	$2.30B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,486.9	−0.059%	$265.8M	$633.7M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,487.1	−0.047%	$180.0M	$1.32B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,483.8	−0.268%	$403K	$512K	5x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,486.7	−0.071%	$54.5M	$184.0M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,487.5	−0.021%	$245.5M	$788.0M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,486.9	−0.062%	$102.0M	$57.5M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,486.8	−0.064%	$160.1M	$289.2M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,486.3	−0.102%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,480.4	−0.495%	$48.2M	$34.4M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,476.5	−0.761%	$565K	$8.9M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,477	−0.727%	$3.0M	$511K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,476.4	−0.769%	$406K	$936K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,485.9	−0.126%	$56K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,488.2	+0.028%	$358K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,488.1	+0.018%	$163K	$184K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,473.4	−0.967%	$450K	$500K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,489.9	+0.144%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,487.7	−0.005%	$253K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,487.6	−0.011%	$2.7M	$20.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,487.7	−0.004%	$4.0M	$5.0M	50x	as long as short
Paradex ZEC-USD-PERPlong	+0.0100%	8h	1,487.8	long leg	$61K	$43K	10x
Extended ZEC-USD	+0.0104%	1h	1,486.7	−0.075%	$2.7M	$8.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,487.9	+0.006%	$43K	$152K	20x	as long as short
Backpack ZEC_USDC_PERP	+0.0121%	1h	1,487.2	−0.037%	$2.3M	$3.9M	15x	as long as short
01 Exchange ZECUSD	+0.0128%	1h	1,487.6	−0.011%	$8K	$7K	5x	as long as short
RISEx ZEC/USDC	+0.0129%	1h	1,487.7	−0.002%	$931K	$1.1M	10x	as long as short
Phoenix ZEC	+0.0134%	1h	1,481.2	−0.443%	$4.7M	$1.4M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0149% / S −0.0161%	1h	1,488.2	+0.026%	$482K	—	100x	as long as short
Arcus ZEC-USD	+0.0221%	1h	1,488.7	+0.065%	$634K	$8.7M	10x	as long as short
Hyperliquid ZEC	+0.0236%	1h	1,488.1	+0.021%	$773.0M	$442.0M	10x	as long as short
Lighter RH ZEC	+0.0248%	1h	1,489.1	+0.086%	$2.1M	$7.4M	10x	as long as short
Lighter ZEC	+0.0304%	1h	1,489.2	+0.094%	$19.7M	$46.0M	20x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0480%	1h	1,490	+0.148%	$3.7M	$10.0M	50x	as long as short