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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: KuCoin against Bullet+0.085%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$350.349% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.014%−$1 on $10k
Price spread, last 4 days (all we have)−0.692%−$69 · spread now +0.085%, 7d avg −0.020%
Together, before fees−0.705%−$71 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 0.105% dearer against Bullet than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet ZEC-USD1,454.50.0100pay 0.0013% / 1h52m 25s$160K$185K20x
ShortKuCoin ZECUSDTM1,455.80.0100get 0.0100% / 8h3h 52m$102.7M$53.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bullet. 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: +0.085% → −0.020%
$10.54
Slippage, 4 orders
−$14.86
Fee Bullet: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$24.31
Costs to cover
0.349%
Break-even
never at this rate
Slippage from Bullet: live order book, 1 min ago; KuCoin: live order book, 2 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 Bullet live order book, 1 min ago1.68 bp7.2 bp −$713.4 bp −$134doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago1.27 bp11.5 bp −$1119.4 bp −$194doesn'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−0.3042%1h1,455.8+0.087%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,457.3+0.190%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,457.2+0.182%$29.6M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,455.6+0.073%$410K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,456.5+0.135%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,454.9+0.027%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,454.5−0.003%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0064%8h1,457+0.169%$291K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0072% / S −0.0024%1h1,454.4−0.009%$409K100xas long as short
Popdex ZECUSDT+0.0096%1h1,455.2+0.047%$173K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,455.4+0.060%$10K$858K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,455.5+0.063%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456.1+0.104%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,455.7+0.076%$14.8M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,456+0.099%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,455.3+0.050%$668.3M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,454.4−0.009%$261.1M$600.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,455+0.033%$178.1M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,454.1−0.030%$395K$441K5xas long as short
Bulk ZEC-USD+0.0100%1h1,454−0.037%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,455.5+0.067%$50.5M$170.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,454.7+0.007%$215.1M$765.0M150xas long as short
KuCoin ZECUSDTMshort+0.0100%8h1,455.8+0.085%$102.7M$53.7M75x
Bitget ZECUSDT+0.0100%8h1,455.2+0.045%$165.5M$270.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,455.2+0.046%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,454−0.036%$47.7M$32.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,454.5−0.005%$566K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,455.1+0.039%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,455.5+0.065%$404K$942K50xas long as short
StandX ZEC-USD+0.0100%1h1,456+0.099%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.7+0.011%$353K$1.8M10xas long as short
Bullet ZEC-USDlong+0.0100%1h1,454.5long leg$160K$185K20x
Derive ZEC-PERP+0.0100%1h1,455.8+0.090%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,459+0.304%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457.2+0.184%$233K$3.3M10xas long as short
HTX ZEC-USDT+0.0100%8h1,453.8−0.053%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.4+0.198%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,455.5+0.065%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.2+0.182%$47K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,455.6+0.071%$8K$7K5xas long as short
Phoenix ZEC+0.0116%1h1,457.7+0.215%$4.6M$1.3M10xas long as short
Hyperliquid ZEC+0.0146%1h1,456.1+0.107%$757.4M$428.4M10xas long as short
Lighter RH ZEC+0.0160%1h1,456.8+0.153%$2.1M$7.0M10xas long as short
Lighter ZEC+0.0176%1h1,457+0.172%$19.2M$44.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0187%1h1,457.6+0.211%$2.4M$3.9M15xas long as short
RISEx ZEC/USDC+0.0216%1h1,455.5+0.063%$921K$1.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,457.2+0.181%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,457.5+0.206%$683K$8.2M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0377%1h1,457.9+0.233%$615K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,458+0.238%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0679%1h1,456.1+0.107%$45K$49K10xas long as short