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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0186%/8h= +20.4% APRnext payment +$1.86 per $10,000 · paid last 24h +0.071%
Price spread now: KuCoin against BloFin+0.008%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$320.319% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.135%+$13 on $10k
Price spread, last 3 days (all we have)−0.572%−$57 · spread now +0.008%, 7d avg −0.020%
Together, before fees−0.437%−$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.028% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,459−0.0086get 0.0086% / 8h2h 08m$28.9M$75.4M75x
ShortKuCoin ZECUSDTM1,459.10.0100get 0.0100% / 8h2h 08m$103.2M$57.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
$39.03
Price spread: +0.008% → −0.020%
$2.82
Slippage, 4 orders
−$7.94
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$9.91
Costs to cover
0.319%
Break-even
5.2 days
Slippage from BloFin: live order book, 10 min ago; KuCoin: live order book, 10 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 BloFin live order book, 10 min ago0.07 bp6.1 bp −$67.0 bp −$70doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago1.41 bp9.0 bp −$913.8 bp −$13833.0 bp −$3,297doesn'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−0.3476%1h1,433.1−1.772%$33K$275K12xas long as short
BloFin ZEC-USDTlong−0.0086%8h1,459long leg$28.9M$75.4M75x
Hotstuff ZEC-PERP−0.0080%1h1,459−0.003%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,458.8−0.013%$17.7M$44.7M25xas long as short
Bybit ZECUSDT−0.0023%8h1,459.4+0.024%$269.4M$677.3M75xas long as short
Variational Omni ZEC−0.0004%8h1,455.9−0.211%$45.6M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,458.4−0.040%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,459.5+0.033%$934K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,458.6−0.030%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,459.9+0.058%$594K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,459.4+0.027%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,459−0.001%$293K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0016% / S +0.0074%1h1,459.4+0.026%$558K100xas long as short
Ondo Perps ZEC-USD.P+0.0035%1h1,455.9−0.212%$395K$514K5xas long as short
01 Exchange ZECUSD+0.0040%1h1,459.4+0.026%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0058%8h1,460.4+0.099%$174.2M$1.36B50xas long as short
Gate ZEC_USDT+0.0062%8h1,458.9−0.010%$49.3M$191.1M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,459.1+0.007%$15K$865K10xas long as short
Lighter ZEC+0.0096%1h1,461.9+0.198%$18.9M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,4590.000%$173K$2.0M50xas long as short
Aster ZECUSDT+0.0099%8h1,460.1+0.075%$15.4M$33.9M75xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,4590.000%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,459.6+0.040%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,460.9+0.130%$755.6M$493.4M10xas long as short
Pacifica ZEC+0.0100%1h1,459.5+0.036%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,460.3+0.090%$667.9M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,459.1+0.003%$219.6M$899.7M150xas long as short
KuCoin ZECUSDTMshort+0.0100%8h1,459.1+0.008%$103.2M$57.0M75x
Bitget ZECUSDT+0.0100%8h1,460.4+0.095%$161.6M$312.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,459+0.002%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,459.7+0.049%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,456.9−0.143%$489K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,458−0.067%$3.0M$492K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457.2−0.121%$428K$815K50xas long as short
StandX ZEC-USD+0.0100%1h1,459.6+0.040%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,4590.000%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,458.9−0.006%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,457.8−0.081%$445K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,461.1+0.147%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,4590.000%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,4590.000%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,4590.000%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,456.7−0.158%$897K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,458.5−0.032%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,459.7+0.045%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,459.1+0.006%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,459.7+0.047%$847K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,461+0.138%$3.7M$11.6M50xas long as short
Aftermath Perps ZECUSD+0.0480%1h1,458.6−0.025%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,460.1+0.076%$746K$8.0M10xas long as short
Lighter RH ZEC+0.0584%1h1,462.5+0.237%$2.0M$8.5M10xas long as short