Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: KuCoin against BingX+0.018%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$400.402% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 7 days−0.008%−$1 · spread now +0.018%, 7d avg −0.011%

Together, before fees+0.011%+$1 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 0.029% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ZEC-USDT	1,470.1	0.0100	pay 0.0100% / 8h	0m 22s	—	$101.8M	—
Short	KuCoin ZECUSDTM	1,470.4	0.0100	get 0.0100% / 8h	0m 22s	$104.4M	$56.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now +0.018%Rate

Funding earned: $0
Price spread: +0.018% → −0.011%: $2.9
Slippage, 4 orders: −$18.25
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$37.35
Costs to cover: 0.402%
Break-even: never at this rate

Slippage from BingX: live order book, 14 min ago; KuCoin: live order book, 9 min ago.

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 BingX live order book, 14 min ago	4.59 bp	9.6 bp −$10	10.9 bp −$109	16.2 bp −$1,620	31.4 bp −$15.7K
Sell KuCoin live order book, 9 min ago	0.92 bp	10.9 bp −$11	14.4 bp −$144	doesn't fit	doesn't fit

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	−0.3089%	1h	1,472.8	+0.179%	$34K	$275K	12x	as long as short
Ondo Perps ZEC-USD.P	−0.0260%	1h	1,470	−0.010%	$399K	$520K	5x	as long as short
Kraken Futures PF_ZECUSD	−0.0225%	1h	1,470.7	+0.037%	$17.9M	$44.0M	25x	as long as short
Bybit ZECUSDT	−0.0118%	8h	1,470.3	+0.009%	$274.8M	$649.7M	75x	as long as short
BloFin ZEC-USDT	−0.0101%	8h	1,470.3	+0.010%	$29.6M	$74.6M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,470.5	+0.027%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0063%	8h	1,469.3	−0.058%	$47.6M	$34.4M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,470.9	+0.054%	$414K	$104K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,471	+0.057%	$959K	$5.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,470.3	+0.010%	$84K	$406K	10x	as long as short

Show 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	1,470.9	+0.053%	$5.2M	—	150x	as long as short
01 Exchange ZECUSD	+0.0008%	1h	1,470.6	+0.034%	$8K	$8K	5x	as long as short
Orderly PERP_ZEC_USDC	+0.0016%	8h	1,470.6	+0.029%	$294K	$1.4M	20x	as long as short
Phoenix ZEC	+0.0024%	1h	1,473.2	+0.208%	$4.7M	$1.6M	10x	as long as short
ApeX Omni ZECUSDT	+0.0037%	1h	1,472.7	+0.174%	$432K	$845K	50x	as long as short
OKX ZEC-USDT-SWAP	+0.0037%	8h	1,470.6	+0.028%	$181.6M	$1.34B	50x	as long as short
Gate ZEC_USDT	+0.0047%	8h	1,470.6	+0.030%	$51.1M	$188.1M	75x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0050%	1h	1,471.4	+0.082%	$614K	$1.3M	25x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0054% / S −0.0010%	1h	1,470.9	+0.051%	$371K	—	100x	as long as short
Lighter ZEC	+0.0096%	1h	1,472.1	+0.133%	$19.2M	$52.6M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,470.2	+0.001%	$174K	$1.9M	50x	as long as short
SoDEX ZEC-USD	+0.0097%	1h	1,470.3	+0.007%	$242K	$4.4M	10x	as long as short
Katana Perps ZEC-USD	+0.0097%	8h	1,471.1	+0.065%	$19K	$845K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,470.3	+0.009%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,470.9	+0.054%	$2.6M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,471.6	+0.099%	$762.4M	$472.7M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,470	−0.010%	$14.9M	$32.5M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,470.9	+0.054%	$1.7M	$2.9M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,470.6	+0.031%	$682.8M	$2.45B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,472	+0.123%	$700K	$8.5M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,472.8	+0.180%	$896K	$38K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,470.3	+0.013%	$228.1M	$847.6M	150x	as long as short
KuCoin ZECUSDTMshort	+0.0100%	8h	1,470.4	+0.018%	$104.4M	$56.3M	75x
Bitget ZECUSDT	+0.0100%	8h	1,470.4	+0.018%	$163.5M	$300.8M	75x	as long as short
BingX ZEC-USDTlong	+0.0100%	8h	1,470.1	long leg	—	$101.8M	—
edgeX ZECUSDC	+0.0100%	4h	1,473.4	+0.222%	$513K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,474	+0.260%	$3.0M	$454K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,471.4	+0.087%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,470	−0.010%	$333K	$1.9M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,470.3	+0.009%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,468.8	−0.092%	$458K	$508K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,472.6	+0.165%	$3K	$1.2M	20x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,469.7	−0.032%	$2.5M	$22.5M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,470.8	+0.044%	$3.9M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,470.5	+0.028%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,470.3	+0.014%	$37K	$366K	20x	as long as short
RISEx ZEC/USDC	+0.0132%	1h	1,471.1	+0.065%	$837K	$1.3M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0397%	1h	1,470.9	+0.050%	$2.5M	$3.8M	15x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0432%	1h	1,472.9	+0.185%	$3.8M	$10.6M	50x	as long as short
Lighter RH ZEC	+0.0448%	1h	1,472.7	+0.175%	$2.0M	$8.4M	10x	as long as short
Aftermath Perps ZECUSD	+0.0775%	1h	1,472.2	+0.139%	$46K	$46K	10x	as long as short