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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.001%
Price spread now: Aevo against KuCoin+0.024%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$550.548% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.162%+$16 on $10k
Price spread, last 4 days (all we have)+0.281%+$28 · spread now +0.024%, 7d avg +0.008%
Together, before fees+0.443%+$44 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZECUSDTM1,517.40.0100pay 0.0100% / 8h2h 16m$104.6M$54.7M75x
ShortAevo ZEC-PERP1,517.80.0104get 0.0013% / 1h16m 04s$46K$153K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against KuCoin. 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
$0.84
Price spread: +0.024% → +0.008%
$1.59
Slippage, 4 orders
−$26.76
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$52.33
Costs to cover
0.548%
Break-even
443.1 days
Slippage from KuCoin: live order book, 3 min ago; Aevo: live order book, 33 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 KuCoin live order book, 3 min ago1.99 bp12.2 bp −$1216.6 bp −$166doesn't fitdoesn't fit
Sell Aevo live order book, 33 min ago3.44 bp16.6 bp −$1721.3 bp −$21329.9 bp −$2,988doesn'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−0.3243%1h1,488.7−1.895%$34K$273K12xas long as short
BloFin ZEC-USDT−0.0149%8h1,515.1−0.153%$30.5M$74.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,516.2−0.080%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,516.2−0.083%$421K$36K5xas long as short
Kalshi KXZECPERP0.0000%8h1,518.7+0.082%$1.7M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,519.2+0.118%$87K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0007%1h1,519.4+0.127%$5.4M150xas long as short
Orderly PERP_ZEC_USDC+0.0066%8h1,516.5−0.058%$303K$923K20xas long as short
01 Exchange ZECUSD+0.0072%1h1,519.8+0.159%$8K$7K5xas long as short
Phoenix ZEC+0.0092%1h1,507.5−0.656%$4.8M$1.3M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,519.6+0.141%$145K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,519.5+0.140%$2.9M$6.4M10xas long as short
Hyperliquid ZEC+0.0100%1h1,518.5+0.071%$794.1M$434.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,516.9−0.032%$14.8M$29.1M75xas long as short
Pacifica ZEC+0.0100%1h1,517.5+0.008%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,517.3−0.010%$703.9M$2.24B75xas long as short
Bybit ZECUSDT+0.0100%8h1,518+0.035%$277.5M$615.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,517.1−0.023%$182.4M$1.30B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,502.6−0.977%$411K$488K5xas long as short
Bulk ZEC-USD+0.0100%1h1,479.3−2.513%$894K$15K10xas long as short
Gate ZEC_USDT+0.0100%8h1,517.1−0.022%$54.7M$178.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,517.1−0.020%$231.3M$775.8M150xas long as short
KuCoin ZECUSDTMlong+0.0100%8h1,517.4long leg$104.6M$54.7M75x
Bitget ZECUSDT+0.0100%8h1,516.7−0.046%$167.3M$277.8M75xas long as short
BingX ZEC-USDT+0.0100%8h1,517.2−0.014%$114.6Mas long as short
Variational Omni ZEC+0.0100%8h1,494.7−1.499%$48.9M$32.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,492.9−1.613%$562K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,505.9−0.757%$3.1M$462K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,502.9−0.960%$416K$928K50xas long as short
StandX ZEC-USD+0.0100%1h1,512.2−0.342%$57K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,519.7+0.150%$373K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,518.6+0.077%$167K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,516.6−0.051%$463K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,519.3+0.125%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,517.6+0.011%$251K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,516.6−0.055%$2.6M$19.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,516−0.093%$4.0M$4.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,516.8−0.039%$63K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,520+0.167%$14K$847K10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0104% / S −0.0076%1h1,519.1+0.110%$406K100xas long as short
Extended ZEC-USD+0.0104%1h1,517.4−0.004%$2.8M$8.0M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,517.8+0.024%$46K$153K20x
Kraken Futures PF_ZECUSD+0.0142%1h1,517.7+0.021%$18.5M$46.0M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,519.2+0.119%$950K$1.1M10xas long as short
Lighter RH ZEC+0.0176%1h1,517.9+0.030%$2.1M$7.3M10xas long as short
Lighter ZEC+0.0224%1h1,517.2−0.017%$19.8M$45.2M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0339%1h1,518.5+0.071%$721K$1.4M25xas long as short
Backpack ZEC_USDC_PERP+0.0464%1h1,518.7+0.083%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,519.8+0.159%$3.7M$9.9M50xas long as short
Arcus ZEC-USD+0.0508%1h1,518.7+0.082%$610K$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0589%1h1,498.5−1.249%$51K$60K10xas long as short