Funding you earn now, next payment 01:00 UTC+0.0045%/8h= +5.0% APRpaid last 24h −0.002%
Price spread now: KuCoin against GMX−0.046%7-day average −0.042% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.048%+$5 on $10k
+Price spread, last 3 days (all we have)−0.134%−$13 · spread now −0.046%, 7d avg −0.042%
=The price spread sits at its 7-day average of −0.042%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ZEC/USD [WBTC.b-USDC] | 1,470.7 | L +0.0055% / S −0.0010% | pay 0.0007% / 1h | 36m 44s | $378K | — | 100x |
| Short | KuCoin ZECUSDTM | 1,470 | 0.0100 | get 0.0100% / 8h | 7h 36m | $105.1M | $55.7M | 75x |
GMX ZEC/USD [WBTC.b-USDC]
KuCoin ZECUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.55
- Price spread: −0.046% → −0.042%
- −$0.47
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$14.92
- Costs to cover
- 0.240%
- Break-even
- 17.9 days
Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 2 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 2 min ago | 0.17 bp | 11.2 bp −$11 | 15.8 bp −$158 | doesn't fit | doesn't fit |
GMX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3321% | 1h | 1,471.5 | +0.054% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0343% | 1h | 1,470.8 | +0.010% | $17.9M | $43.0M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0149% | 1h | 1,469.6 | −0.073% | $399K | $518K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0103% | 8h | 1,470.2 | −0.031% | $29.8M | $73.3M | 75x | as long as short |
| Bybit ZECUSDT | −0.0096% | 8h | 1,468.7 | −0.135% | $274.3M | $638.4M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,469.5 | −0.080% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0058% | 8h | 1,471.8 | +0.074% | $47.7M | $34.3M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,469.8 | −0.059% | $414K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,470 | −0.048% | $957K | $5.3M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,468.5 | −0.146% | $83K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Bybit ZECUSDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,470.7 | 0.000% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,470.4 | −0.017% | $294K | $1.4M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,469.4 | −0.085% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0044% | 8h | 1,469 | −0.112% | $181.6M | $1.31B | 50x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,470.9 | +0.012% | $4.7M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC]long | L +0.0055% / S −0.0010% | 1h | 1,470.7 | long leg | $378K | — | 100x | |
| Deribit ZEC_USDC-PERPETUAL | +0.0096% | 1h | 1,471.3 | +0.042% | $612K | $1.3M | 25x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,469.3 | −0.091% | $175K | $1.9M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,469.2 | −0.101% | $60K | $39K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,469.4 | −0.090% | $14K | $836K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,470 | −0.046% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,470.4 | −0.019% | $762.9M | $454.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,469.1 | −0.110% | $14.9M | $31.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,469.8 | −0.059% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,469.3 | −0.097% | $683.8M | $2.39B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,470.8 | +0.010% | $700K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,471 | +0.021% | $895K | $25K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,469.7 | −0.068% | $51.3M | $178.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,469.7 | −0.067% | $231.3M | $824.5M | 150x | as long as short |
| KuCoin ZECUSDTMshort | +0.0100% | 8h | 1,470 | −0.046% | $105.1M | $55.7M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,469.4 | −0.089% | $163.4M | $294.2M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,469.4 | −0.085% | — | $100.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,470.6 | −0.006% | $572K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,471.5 | +0.058% | $3.0M | $466K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,471.4 | +0.051% | $430K | $860K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,471.7 | +0.070% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,469.2 | −0.100% | $332K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,470.6 | −0.008% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,468.7 | −0.135% | $458K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,472.3 | +0.108% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,470.5 | −0.010% | $242K | $4.1M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,470.2 | −0.032% | $2.5M | $21.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,471.3 | +0.043% | $3.9M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,469.7 | −0.066% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,470.4 | −0.019% | $60K | $181K | 20x | as long as short |
| Lighter ZEC | +0.0176% | 1h | 1,470.7 | +0.003% | $19.2M | $50.3M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,469.7 | −0.065% | $840K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,472.8 | +0.147% | $3.8M | $10.2M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0539% | 1h | 1,470.9 | +0.015% | $2.6M | $3.8M | 15x | as long as short |
| Lighter RH ZEC | +0.0760% | 1h | 1,471.7 | +0.068% | $2.0M | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0767% | 1h | 1,471.9 | +0.082% | $44K | $48K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Phoenix ZEC
Deribit ZEC_USDC-PERPETUAL
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD