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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.001%
Price spread now: KuCoin against Aevo+0.082%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$530.532% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.162%−$16 on $10k
Price spread, last 4 days (all we have)−0.388%−$39 · spread now +0.082%, 7d avg −0.008%
Together, before fees−0.550%−$55 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: KuCoin is 0.091% dearer against Aevo than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,468.50.0104pay 0.0013% / 1h36m 35s$47K$151K20x
ShortKuCoin ZECUSDTM1,469.70.0100get 0.0100% / 8h2h 36m$103.4M$52.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aevo. 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
−$0.84
Price spread: +0.082% → −0.008%
$9.07
Slippage, 4 orders
−$25.22
Fee Aevo: 8 bp × 2 orders
−$16
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$44.99
Costs to cover
0.532%
Break-even
never at this rate
Slippage from Aevo: live order book, 12 min ago; KuCoin: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 12 min ago3.44 bp14.3 bp −$1423.0 bp −$23034.4 bp −$3,439doesn't fit
Sell KuCoin live order book, 8 min ago1.16 bp10.6 bp −$1116.7 bp −$167doesn't fitdoesn't fit

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−0.3243%1h1,468.8+0.020%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.6+0.077%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0073%8h1,469.2+0.054%$29.9M$71.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,468.7+0.017%$408K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,469.2+0.052%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,469.7+0.085%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0007%1h1,468.1−0.023%$5.2M150xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0012%1h1,468.9+0.029%$618K$1.3M25xas long as short
01 Exchange ZECUSD+0.0056%1h1,469.9+0.101%$8K$7K5xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,468.3−0.010%$294K$902K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0089%8h1,469.2+0.050%$261.8M$589.2M75xas long as short
Phoenix ZEC+0.0092%1h1,466.5−0.134%$4.7M$1.3M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0096% / S −0.0050%1h1,467.9−0.036%$438K100xas long as short
Popdex ZECUSDT+0.0096%1h1,469.5+0.073%$174K$1.6M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,469.2+0.054%$13K$812K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,469.6+0.081%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,469.9+0.102%$2.9M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,471.1+0.180%$766.0M$418.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.5+0.072%$14.4M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,469.6+0.079%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.6+0.082%$677.8M$2.16B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,469+0.037%$178.7M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,465.3−0.215%$399K$430K5xas long as short
Bulk ZEC-USD+0.0100%1h1,462.7−0.393%$884K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,469.4+0.061%$53.1M$170.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,469.6+0.078%$222.7M$760.5M150xas long as short
KuCoin ZECUSDTMshort+0.0100%8h1,469.7+0.082%$103.4M$52.8M75x
Bitget ZECUSDT+0.0100%8h1,470.2+0.117%$166.4M$267.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,468.6+0.007%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,464.4−0.276%$48.0M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,465.2−0.224%$570K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,466.6−0.127%$3.0M$467K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,466.2−0.155%$405K$925K50xas long as short
StandX ZEC-USD+0.0100%1h1,468.7+0.015%$49K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470+0.105%$360K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,470.1+0.109%$162K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,467.2−0.086%$448K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,470.7+0.150%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,468.4−0.003%$235K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468.4−0.006%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,469.4+0.065%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,469.6+0.080%$2.8M$7.8M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,468.5long leg$47K$151K20x
Lighter RH ZEC+0.0120%1h1,471+0.172%$2.1M$7.1M10xas long as short
Lighter ZEC+0.0128%1h1,470.5+0.138%$19.4M$43.9M20xas long as short
Kraken Futures PF_ZECUSD+0.0146%1h1,468.4−0.002%$18.0M$45.6M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,469.8+0.092%$928K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0318%1h1,470.2+0.118%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,471.2+0.185%$3.8M$9.2M50xas long as short
Arcus ZEC-USD+0.0508%1h1,470.7+0.155%$667K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0676%1h1,466.6−0.128%$45K$49K10xas long as short