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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: KuCoin against Derive+0.042%55s7-day average +0.056% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.259%−$26 on $10k
Price spread, last 3 days (all we have)−0.476%−$48 · spread now +0.042%, 7d avg +0.056%
Together, before fees−0.734%−$73 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive ZEC-PERP1,467.70.0100pay 0.0013% / 1h8m 34s$447K$502K6.7x
ShortKuCoin ZECUSDTM1,468.30.0100get 0.0100% / 8h1h 08m$103.7M$55.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Derive. 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: +0.042% → +0.056%
−$1.42
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$19.42
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; KuCoin: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Derive no order-book sample
Sell KuCoin live order book, 6 min ago1.06 bp10.7 bp −$1115.9 bp −$159doesn't fitdoesn't fit
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3310%1h1,469.5+0.125%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0403%1h1,469.4+0.115%$17.9M$44.5M25xas long as short
Ondo Perps ZEC-USD.P−0.0249%1h1,466.9−0.053%$398K$515K5xas long as short
BloFin ZEC-USDT−0.0118%8h1,468.8+0.074%$29.3M$75.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.1+0.098%$6K$2K10xas long as short
Bybit ZECUSDT−0.0074%8h1,467.8+0.005%$271.8M$665.4M75xas long as short
Variational Omni ZEC−0.0034%8h1,466.7−0.068%$46.6M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,469.5+0.122%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,469.5+0.125%$889K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,468.9+0.082%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,468.9+0.085%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0009%8h1,469.1+0.098%$294K$1.4M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0009%1h1,468.8+0.079%$359K100xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,468.2+0.033%$177.8M$1.35B50xas long as short
Gate ZEC_USDT+0.0045%8h1,468.7+0.070%$50.0M$187.1M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,469.4+0.119%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,468.2+0.036%$4.6M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0088%1h1,467.7+0.001%$430K$825K50xas long as short
Popdex ZECUSDT+0.0096%1h1,468.8+0.075%$174K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,469.5+0.121%$13K$823K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468.7+0.069%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,469.6+0.134%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.5+0.127%$762.6M$477.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,468.9+0.085%$15.6M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,469.5+0.121%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.8+0.074%$677.5M$2.47B75xas long as short
Bulk ZEC-USD+0.0100%1h1,467.7+0.004%$906K$27K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,468.2+0.037%$223.9M$871.5M150xas long as short
KuCoin ZECUSDTMshort+0.0100%8h1,468.3+0.042%$103.7M$55.8M75x
Bitget ZECUSDT+0.0100%8h1,468.4+0.049%$162.3M$303.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,467.9+0.014%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,467.4−0.016%$511K$9.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.5−0.015%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,469.4+0.118%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.8+0.076%$346K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,468.3+0.040%$127K$160K20xas long as short
Derive ZEC-PERPlong+0.0100%1h1,467.7long leg$447K$502K6.7x
SunX ZEC-USDT+0.0100%8h1,471.5+0.257%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.3+0.111%$223K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468.3+0.042%$2.5M$23.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,469.3+0.109%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,469.3+0.107%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,469+0.090%$37K$366K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0112%1h1,470.3+0.175%$598K$1.3M25xas long as short
Lighter ZEC+0.0120%1h1,470.4+0.187%$19.0M$52.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0189%1h1,469.8+0.144%$2.4M$3.7M15xas long as short
RISEx ZEC/USDC+0.0190%1h1,469.4+0.114%$843K$1.3M10xas long as short
Lighter RH ZEC+0.0416%1h1,471.1+0.235%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,471.9+0.290%$3.8M$11.5M50xas long as short
Arcus ZEC-USD+0.0444%1h1,470+0.159%$720K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0591%1h1,468.5+0.059%$41K$34K10xas long as short