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: Katana Perps against SunX−0.173%7-day average −0.120% · you buy dearer than you sell
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)−0.039%−$4 · spread now −0.173%, 7d avg −0.120%
Together, before fees−0.041%−$4 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: Katana Perps is 0.053% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.120%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,458.90.0100pay 0.0100% / 8h3h 24m$4K$1.1M20x
ShortKatana Perps ZEC-USD1,456.40.0100get 0.0100% / 8h3h 24m$14K$820K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against SunX. 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: −0.173% → −0.120%
−$5.33
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$17.17
Costs to cover
0.118%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 9 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 9 min ago29.03 bp50.6 bp −$51doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3042%1h1,458−0.064%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,456.4−0.172%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,456.5−0.167%$29.4M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,456.3−0.178%$410K$36K5xas long as short
Perpl ZEC0.0000%43m1,456.7−0.151%$83K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,456.3−0.183%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,455.9−0.209%$291K$944K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0084% / S −0.0035%1h1,456.1−0.192%$434K100xas long as short
Popdex ZECUSDT+0.0096%1h1,456.2−0.184%$174K$1.7M50xas long as short
Katana Perps ZEC-USDshort+0.0100%8h1,456.4−0.173%$14K$820K10x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ZEC-USD-PERP+0.0100%8h1,456.8−0.145%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456.9−0.137%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,456.2−0.185%$14.5M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,457.1−0.127%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.3−0.178%$670.2M$2.19B75xas long as short
Bybit ZECUSDT+0.0100%8h1,455.8−0.215%$260.8M$599.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,456.1−0.193%$178.8M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.7−0.221%$395K$434K5xas long as short
Bulk ZEC-USD+0.0100%1h1,453.9−0.346%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,456.4−0.171%$51.4M$171.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.8−0.147%$218.6M$770.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456.1−0.193%$102.8M$53.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,456.6−0.160%$165.7M$269.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,456.5−0.163%$106.9Mas long as short
Variational Omni ZEC+0.0100%8h1,455.5−0.237%$47.7M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,456.2−0.188%$567K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.5−0.165%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,456.4−0.171%$402K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.6−0.162%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.4−0.173%$354K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,456.2−0.186%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,454.9−0.277%$444K$509K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,458.9long leg$4K$1.1M20x
SoDEX ZEC-USD+0.0100%1h1,456.2−0.184%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,455.7−0.221%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,456.5−0.169%$3.8M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,456.6−0.161%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,455.9−0.205%$47K$151K20xas long as short
Lighter RH ZEC+0.0112%1h1,457.7−0.086%$2.1M$7.0M10xas long as short
Phoenix ZEC+0.0116%1h1,457.6−0.094%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0128%1h1,456.8−0.145%$8K$7K5xas long as short
Lighter ZEC+0.0144%1h1,458−0.063%$19.2M$45.1M20xas long as short
Hyperliquid ZEC+0.0144%1h1,457.6−0.090%$758.9M$424.2M10xas long as short
Kalshi KXZECPERP+0.0162%8h1,457.1−0.123%$1.5M$4.4M2.2xas long as short
Backpack ZEC_USDC_PERP+0.0182%1h1,456.9−0.136%$2.4M$3.8M15xas long as short
RISEx ZEC/USDC+0.0216%1h1,456.5−0.169%$921K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0251%1h1,456.7−0.155%$613K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,456.2−0.187%$18.0M$45.3M25xas long as short
Arcus ZEC-USD+0.0344%1h1,458.3−0.044%$697K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,458.9−0.001%$3.8M$9.2M50xas long as short
Aftermath Perps ZECUSD+0.0674%1h1,456.5−0.163%$45K$49K10xas long as short