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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.028%
Price spread now: KuCoin against gTrade (Gains Network)+0.056%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2912.913% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.069%+$7 on $10k
Price spread, last 7 days−0.084%−$8 · spread now +0.056%, 7d avg −0.008%
Together, before fees−0.015%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.064% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ZEC/USD1,493.9L +0.0007% / S −0.0006%pay 0.0001% / 1h55m 57s$5.3M150x
ShortKuCoin ZECUSDTM1,494.70.0100get 0.0100% / 8h1h 55m$102.7M$56.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against gTrade (Gains Network). 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
$19.56
Price spread: +0.056% → −0.008%
$6.41
Slippage, 4 orders
−$269.32
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$265.36
Costs to cover
2.913%
Break-even
102.0 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; KuCoin: live order book, 3 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 gTrade (Gains Network) virtual book (oracle venue), 3 min ago130.04 bp135.0 bp −$135426.0 bp −$4,2604809.1 bp −$480.9Kdoesn't fit
Sell KuCoin live order book, 3 min ago1.41 bp10.2 bp −$1012.4 bp −$124doesn'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−0.3684%1h1,491.6−0.154%$34K$273K12xas long as short
BloFin ZEC-USDT−0.0117%8h1,493.5−0.024%$30.6M$74.0M75xas long as short
Bulk ZEC-USD−0.0102%1h1,494.5+0.044%$903K$15K10xas long as short
Kraken Futures PF_ZECUSD−0.0096%1h1,493.8−0.007%$18.1M$46.3M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,490.4−0.236%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,493.8−0.007%$415K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,494.2+0.021%$1.6M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,492.3−0.107%$61K$288K10xas long as short
gTrade (Gains Network) ZEC/USDlongL +0.0007% / S −0.0006%1h1,493.9long leg$5.3M150x
Orderly PERP_ZEC_USDC+0.0071%8h1,493.7−0.013%$300K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,493.6−0.017%$4.7M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,493.90.000%$157K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,494.3+0.028%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,494.5+0.041%$14.2M$29.5M75xas long as short
Pacifica ZEC+0.0100%1h1,494+0.007%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,494.9+0.068%$696.2M$2.29B75xas long as short
Bybit ZECUSDT+0.0100%8h1,495.1+0.080%$270.5M$627.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,495+0.074%$181.2M$1.32B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,488.1−0.387%$405K$478K5xas long as short
Gate ZEC_USDT+0.0100%8h1,494.8+0.062%$54.5M$178.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,495.2+0.087%$235.3M$770.4M150xas long as short
KuCoin ZECUSDTMshort+0.0100%8h1,494.7+0.056%$102.7M$56.3M75x
Bitget ZECUSDT+0.0100%8h1,495+0.077%$161.2M$286.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,493.5−0.023%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,494+0.007%$48.9M$33.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,489.7−0.279%$569K$8.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,495.8+0.129%$3.1M$477K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,494.4+0.032%$414K$931K50xas long as short
StandX ZEC-USD+0.0100%1h1,490.6−0.222%$57K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,493.8−0.005%$361K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,493.9+0.003%$165K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,492.7−0.079%$456K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,496.3+0.165%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,493.8−0.008%$254K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,492.6−0.084%$2.6M$19.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,494.2+0.022%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,494.2+0.025%$62K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,493.4−0.031%$12K$861K10xas long as short
Extended ZEC-USD+0.0104%1h1,495.2+0.086%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,493.5−0.024%$45K$149K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0105% / S −0.0079%1h1,493.6−0.016%$374K100xas long as short
01 Exchange ZECUSD+0.0128%1h1,493.9+0.002%$8K$7K5xas long as short
RISEx ZEC/USDC+0.0129%1h1,494.2+0.022%$935K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0164%1h1,495.3+0.098%$2.3M$3.9M15xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0207%1h1,494.5+0.043%$711K$1.4M25xas long as short
Hyperliquid ZEC+0.0213%1h1,496.1+0.149%$779.5M$440.1M10xas long as short
Arcus ZEC-USD+0.0221%1h1,495.3+0.098%$604K$8.6M10xas long as short
Aftermath Perps ZECUSD+0.0305%1h1,493.4−0.031%$49K$63K10xas long as short
Lighter ZEC+0.0336%1h1,495.4+0.102%$19.6M$45.3M20xas long as short
Lighter RH ZEC+0.0408%1h1,495.6+0.112%$2.1M$7.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,494.9+0.070%$3.6M$9.9M50xas long as short