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: Katana Perps against Phemex+0.159%7-day average −0.045% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.044%+$4 on $10k
+Price spread, last 3 days (all we have)−0.410%−$41 · spread now +0.159%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.205% dearer against Phemex than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ZECUSDT | 1,475.2 | 0.0100 | pay 0.0100% / 8h | 7h 51m | $3.9M | $5.4M | 50x |
| Short | Katana Perps ZEC-USD | 1,477.5 | 0.0100 | get 0.0100% / 8h | 7h 51m | $13K | $855K | 10x |
Phemex ZECUSDT
Katana Perps ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against Phemex. 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
- −$0.04
- Price spread: +0.159% → −0.045%
- $20.47
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- $4.63
- Costs to cover
- 0.158%
- Break-even
- from the start
Slippage unknown: Phemex: live order book, 2 min ago; 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 Phemex live order book, 2 min ago | 1.66 bp | 12.2 bp −$12 | 24.0 bp −$240 | doesn't fit | doesn't fit |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
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 | −0.3321% | 1h | 1,475 | −0.014% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0342% | 1h | 1,474.8 | −0.025% | $18.0M | $43.8M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0192% | 1h | 1,474.9 | −0.018% | $399K | $516K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0104% | 8h | 1,476.6 | +0.098% | $29.6M | $74.8M | 75x | as long as short |
| Bybit ZECUSDT | −0.0100% | 8h | 1,473.1 | −0.141% | $274.9M | $647.1M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,477.2 | +0.138% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0060% | 8h | 1,472.4 | −0.189% | $47.7M | $34.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,477.7 | +0.172% | $416K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,477.3 | +0.144% | $960K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,476.6 | +0.094% | $84K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Bybit ZECUSDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,477.4 | +0.153% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,475 | −0.009% | $295K | $1.4M | 20x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0040% | 8h | 1,473.5 | −0.113% | $182.3M | $1.33B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,477.5 | +0.157% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,477 | +0.123% | $4.7M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,477.2 | +0.140% | $378K | — | 100x | as long as short |
| Gate ZEC_USDT | +0.0087% | 8h | 1,473.9 | −0.085% | $51.5M | $178.0M | 75x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,476.3 | +0.079% | $19.2M | $50.2M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,476.7 | +0.104% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USDshort | +0.0100% | 8h | 1,477.5 | +0.159% | $13K | $855K | 10x | |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,476.5 | +0.090% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,477.3 | +0.142% | $2.6M | $6.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,475.9 | +0.049% | $765.4M | $459.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,474.5 | −0.043% | $15.0M | $32.3M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,477.3 | +0.143% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,473.8 | −0.095% | $684.4M | $2.44B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,478 | +0.189% | $686K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,470.8 | −0.300% | $895K | $33K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,474 | −0.083% | $233.1M | $821.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,474.3 | −0.056% | $105.2M | $56.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,474 | −0.079% | $163.9M | $299.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,474.4 | −0.055% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,472 | −0.218% | $550K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,474.1 | −0.073% | $3.0M | $454K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,472.7 | −0.166% | $432K | $851K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,476.6 | +0.096% | $111K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,476.4 | +0.083% | $335K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,476.9 | +0.114% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,473.7 | −0.101% | $459K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,478.7 | +0.241% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,474.8 | −0.024% | $243K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,475.8 | +0.043% | $2.5M | $22.3M | 75x | as long as short |
| Phemex ZECUSDTlong | +0.0100% | 8h | 1,475.2 | long leg | $3.9M | $5.4M | 50x | |
| Extended ZEC-USD | +0.0104% | 1h | 1,474.1 | −0.074% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,471.2 | −0.270% | $82K | $250K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0185% | 1h | 1,476 | +0.057% | $616K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,477.3 | +0.147% | $844K | $1.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,477.8 | +0.178% | $3.8M | $10.6M | 50x | as long as short |
| Lighter RH ZEC | +0.0640% | 1h | 1,477 | +0.127% | $2.0M | $8.0M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0654% | 1h | 1,475 | −0.013% | $2.5M | $3.8M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0777% | 1h | 1,475.7 | +0.039% | $46K | $46K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Gate ZEC_USDT
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD