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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%
Price spread now: KuCoin against Bulk−0.707%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$260.264% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.026%+$3 on $10k
Price spread, last 4 days (all we have)+0.886%+$89 · spread now −0.707%, 7d avg +0.020%
Together, before fees+0.912%+$91 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 0.727% cheaper against Bulk than usual: you would sell low and buy high, −$73 on $10k if it goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk ZEC-USD1,458.70.0100pay 0.0013% / 1h38m 56s$886K$16K10x
ShortKuCoin ZECUSDTM1,448.30.0100get 0.0100% / 8h5h 38m$101.7M$55.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bulk. 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
Price spread: −0.707% → +0.020%
−$72.71
Slippage, 4 orders
−$7.42
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$99.12
Costs to cover
0.264%
Break-even
never at this rate
Slippage from Bulk: live order book, 25 min ago; KuCoin: live order book, 5 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 Bulk live order book, 25 min ago0.03 bp3.5 bp −$44.9 bp −$498.5 bp −$85014.6 bp −$7,278
Sell KuCoin live order book, 5 min ago0.27 bp11.7 bp −$1218.8 bp −$188doesn'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−0.3244%1h1,453.3−0.369%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,453.1−0.381%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0079%8h1,449.9−0.597%$29.3M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,449.9−0.600%$408K$45K5xas long as short
Kalshi KXZECPERP0.0000%8h1,449.8−0.605%$957K$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,450−0.594%$83K$248K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,448.5−0.693%$609K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,449.7−0.616%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0039%8h1,448.8−0.677%$289K$979K20xas long as short
Ondo Perps ZEC-USD.P+0.0043%1h1,450−0.593%$396K$432K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0053% / S −0.0009%1h1,449.6−0.618%$374K100xas long as short
Phoenix ZEC+0.0074%1h1,454.9−0.256%$4.6M$1.4M10xas long as short
Gate ZEC_USDT+0.0090%8h1,448−0.731%$49.2M$172.1M75xas long as short
Popdex ZECUSDT+0.0096%1h1,449.2−0.646%$172K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,448.4−0.703%$13K$855K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,451.2−0.512%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,450.1−0.586%$2.5M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,450.8−0.538%$755.1M$432.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,448.6−0.686%$14.4M$28.9M75xas long as short
Pacifica ZEC+0.0100%1h1,451.2−0.509%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,448.5−0.699%$665.0M$2.26B75xas long as short
Bybit ZECUSDT+0.0100%8h1,448.6−0.686%$266.5M$609.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,449.6−0.620%$178.5M$1.23B50xas long as short
Bulk ZEC-USDlong+0.0100%1h1,458.7long leg$886K$16K10x
MEXC ZEC_USDT+0.0100%8h1,448.5−0.699%$211.9M$773.4M150xas long as short
KuCoin ZECUSDTMshort+0.0100%8h1,448.3−0.707%$101.7M$55.9M75x
Bitget ZECUSDT+0.0100%8h1,448−0.733%$160.5M$277.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,448.6−0.687%$97.4Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,449.5−0.628%$2.3M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,454.9−0.256%$47.2M$32.0Mas long as short
edgeX ZECUSDC+0.0100%4h1,456.5−0.151%$567K$8.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.3+0.043%$3.0M$418K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458.9+0.014%$420K$883K50xas long as short
StandX ZEC-USD+0.0100%1h1,454.4−0.293%$70K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,450.3−0.572%$322K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,450.1−0.583%$126K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,447.3−0.780%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,451.3−0.503%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,449.1−0.658%$232K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,448.6−0.691%$2.6M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,450.1−0.586%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,447.7−0.748%$2.8M$7.7M10xas long as short
01 Exchange ZECUSD+0.0104%1h1,449.8−0.607%$8K$7K5xas long as short
Aevo ZEC-PERP+0.0104%1h1,448.4−0.700%$48K$155K20xas long as short
Lighter ZEC+0.0144%1h1,450.7−0.548%$19.0M$46.2M20xas long as short
Kraken Futures PF_ZECUSD+0.0197%1h1,449.2−0.647%$17.7M$44.2M25xas long as short
Arcus ZEC-USD+0.0277%1h1,453−0.387%$721K$8.5M10xas long as short
Lighter RH ZEC+0.0312%1h1,451−0.524%$2.0M$6.8M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,449.6−0.619%$823K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,449.8−0.606%$3.6M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0710%1h1,458.3−0.024%$43K$46K10xas long as short