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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: BingX against KuCoin−0.065%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$370.374% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days+0.066%+$7 · spread now −0.065%, 7d avg +0.011%
Together, before fees+0.054%+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.076% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZECUSDTM1,517.20.0100pay 0.0100% / 8h2h 16m$105.2M$54.6M75x
ShortBingX ZEC-USDT1,516.20.0100get 0.0100% / 8h2h 16m$114.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
Price spread: −0.065% → +0.011%
−$7.65
Slippage, 4 orders
−$15.39
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$45.04
Costs to cover
0.374%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 7 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, 2 min ago1.99 bp12.2 bp −$1216.6 bp −$166doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago0.07 bp8.4 bp −$811.3 bp −$11316.8 bp −$1,67629.2 bp −$14.6K

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%1h1,488.7−1.881%$34K$273K12xas long as short
BloFin ZEC-USDT−0.0149%8h1,515.1−0.138%$30.5M$74.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,508.8−0.556%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,507−0.676%$419K$36K5xas long as short
Kalshi KXZECPERP0.0000%8h1,510.7−0.430%$1.7M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,511.4−0.380%$86K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,514.7−0.163%$5.4M150xas long as short
Orderly PERP_ZEC_USDC+0.0066%8h1,514.8−0.161%$306K$900K20xas long as short
01 Exchange ZECUSD+0.0072%1h1,512.1−0.339%$8K$7K5xas long as short
Phoenix ZEC+0.0092%1h1,507.5−0.642%$4.8M$1.3M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,511.5−0.375%$144K$1.7M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,510.9−0.417%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,512.8−0.292%$2.9M$6.4M10xas long as short
Hyperliquid ZEC+0.0100%1h1,518.4+0.079%$794.2M$432.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,516.7−0.030%$14.8M$29.1M75xas long as short
Pacifica ZEC+0.0100%1h1,509.6−0.499%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,516.7−0.030%$703.7M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,516.4−0.054%$276.9M$614.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,517.5+0.016%$181.7M$1.30B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,502.6−0.962%$403K$488K5xas long as short
Bulk ZEC-USD+0.0100%1h1,479.3−2.499%$894K$15K10xas long as short
Gate ZEC_USDT+0.0100%8h1,516.7−0.033%$54.8M$177.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,516.7−0.034%$232.2M$774.5M150xas long as short
KuCoin ZECUSDTMlong+0.0100%8h1,517.2long leg$105.2M$54.6M75x
Bitget ZECUSDT+0.0100%8h1,517.2−0.001%$167.9M$276.9M75xas long as short
BingX ZEC-USDTshort+0.0100%8h1,516.2−0.065%$114.4M
Variational Omni ZEC+0.0100%8h1,494.7−1.485%$48.9M$32.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,492.9−1.599%$562K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,505.9−0.743%$3.1M$462K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,502.9−0.946%$416K$928K50xas long as short
StandX ZEC-USD+0.0100%1h1,506.4−0.714%$57K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,512.5−0.310%$372K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,512.3−0.326%$166K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,513.9−0.217%$462K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,516.5−0.048%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,515−0.142%$250K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,513.8−0.225%$2.6M$19.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,514.1−0.202%$4.0M$4.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,511.2−0.398%$13K$847K10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0103% / S −0.0075%1h1,513.9−0.220%$404K100xas long as short
Extended ZEC-USD+0.0104%1h1,516−0.081%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,515.2−0.132%$46K$153K20xas long as short
Kraken Futures PF_ZECUSD+0.0142%1h1,515.3−0.128%$18.5M$46.0M25xas long as short
Lighter RH ZEC+0.0152%1h1,515.8−0.091%$2.1M$7.2M10xas long as short
RISEx ZEC/USDC+0.0154%1h1,511.7−0.365%$948K$1.1M10xas long as short
Lighter ZEC+0.0224%1h1,515.7−0.100%$19.9M$44.9M20xas long as short
Backpack ZEC_USDC_PERP+0.0451%1h1,515.8−0.095%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,517−0.013%$3.7M$9.9M50xas long as short
Arcus ZEC-USD+0.0508%1h1,509.6−0.499%$617K$8.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0559%1h1,516.4−0.052%$720K$1.4M25xas long as short
Aftermath Perps ZECUSD+0.0626%1h1,494.4−1.505%$51K$60K10xas long as short