Funding you earn now, next payment 00:00 UTC+0.0328%/8h= +36.0% APRnext payment +$0.41 per $10,000 · paid last 24h +0.036%
Price spread now: Aevo against Kraken Futures−0.010%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$530.535% of the position
Funding, last 7 days+0.326%+$33 on $10k
+Price spread, last 3 days (all we have)−0.018%−$2 · spread now −0.010%, 7d avg −0.030%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Aevo is 0.021% dearer against Kraken Futures than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZECUSD | 1,474.6 | −0.0224 | get 0.0028% / 1h | 52m 32s | $18.0M | $44.6M | 25x |
| Short | Aevo ZEC-PERP | 1,474.5 | 0.0104 | get 0.0013% / 1h | 52m 32s | $37K | $366K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Kraken Futures. 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
- $68.97
- Price spread: −0.010% → −0.030%
- $2.05
- Slippage, 4 orders
- −$27.48
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $17.54
- Costs to cover
- 0.535%
- Break-even
- 5.2 days
Slippage from Kraken Futures: live order book, 2 min ago; Aevo: live order book, 26 min ago.
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 Kraken Futures live order book, 2 min ago | 0.03 bp | 8.4 bp −$8 | 11.9 bp −$119 | 20.4 bp −$2,035 | 83.1 bp −$41.6K |
| Sell Aevo live order book, 26 min ago | 6.55 bp | 20.1 bp −$20 | 27.6 bp −$276 | 37.8 bp −$3,777 | doesn't fit |
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 | −0.3089% | 1h | 1,475.9 | +0.084% | $34K | $275K | 12x | as long as short |
| ApeX Omni ZECUSDT | −0.0365% | 1h | 1,474 | −0.040% | $432K | $827K | 50x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0334% | 1h | 1,473.5 | −0.076% | $400K | $517K | 5x | as long as short |
| Kraken Futures PF_ZECUSDlong | −0.0224% | 1h | 1,474.6 | long leg | $18.0M | $44.6M | 25x | |
| BloFin ZEC-USDT | −0.0111% | 8h | 1,474.5 | −0.007% | $29.5M | $75.7M | 75x | as long as short |
| Bybit ZECUSDT | −0.0087% | 8h | 1,472.4 | −0.148% | $273.4M | $661.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,474.2 | −0.031% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0037% | 8h | 1,473.4 | −0.081% | $47.0M | $33.5M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,473.7 | −0.059% | $415K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,476.4 | +0.124% | $901K | $5.6M | 2.2x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,474 | −0.041% | $84K | $404K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,474.9 | +0.020% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0010% | 8h | 1,474.7 | +0.006% | $295K | $1.4M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0019% | 1h | 1,475.5 | +0.057% | $615K | $1.3M | 25x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,475.6 | +0.067% | $4.7M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0038% / S +0.0009% | 1h | 1,474.8 | +0.011% | $366K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0039% | 8h | 1,472.7 | −0.129% | $180.5M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0042% | 8h | 1,473.9 | −0.052% | $50.7M | $184.0M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,473.9 | −0.051% | $8K | $8K | 5x | as long as short |
| SoDEX ZEC-USD | +0.0065% | 1h | 1,474.5 | −0.011% | $227K | $4.5M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,473.2 | −0.097% | $176K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,474.1 | −0.036% | $12K | $828K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,473.8 | −0.056% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,474.3 | −0.021% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,474.8 | +0.012% | $765.4M | $473.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,473.8 | −0.053% | $15.6M | $32.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,474.2 | −0.027% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,473.2 | −0.095% | $681.6M | $2.46B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,475 | +0.024% | $714K | $8.3M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,471.1 | −0.237% | $908K | $26K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,473.9 | −0.049% | $223.0M | $830.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,473.6 | −0.070% | $104.2M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,473.1 | −0.106% | $162.7M | $303.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,473.8 | −0.056% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,474.3 | −0.022% | $513K | $9.3M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,475.5 | +0.062% | $3.0M | $466K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,475.5 | +0.063% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,473.1 | −0.103% | $347K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,474.4 | −0.014% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,473 | −0.109% | $449K | $503K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,477.1 | +0.168% | $3K | $1.2M | 20x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,473.2 | −0.097% | $2.5M | $23.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,474.8 | +0.015% | $3.9M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,474.3 | −0.019% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERPshort | +0.0104% | 1h | 1,474.5 | −0.010% | $37K | $366K | 20x | |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,474.2 | −0.027% | $836K | $1.2M | 10x | as long as short |
| Lighter ZEC | +0.0144% | 1h | 1,475.5 | +0.057% | $19.1M | $52.1M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,476.8 | +0.149% | $3.8M | $11.0M | 50x | as long as short |
| Lighter RH ZEC | +0.0504% | 1h | 1,475.7 | +0.074% | $2.0M | $8.2M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0552% | 1h | 1,475.6 | +0.065% | $2.4M | $3.7M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0628% | 1h | 1,474.7 | +0.003% | $46K | $47K | 10x | as long as short |
Kraken Futures PF_ZECUSD
Injective ZEC/USDC PERP
ApeX Omni ZECUSDT
BloFin ZEC-USDT
Bybit ZECUSDT
Variational Omni ZEC
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Deribit ZEC_USDC-PERPETUAL
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
01 Exchange ZECUSD
SoDEX ZEC-USD
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
RISEx ZEC/USDC
Lighter ZEC
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD