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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.029%
Price spread now: dYdX against KuCoin+0.047%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1091.086% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.249%+$25 on $10k
Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.047%, 7d avg +0.002%
Together, before fees+0.194%+$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.044% dearer against KuCoin than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of +0.002%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 35 hours. Mind the row above: over the last 7 days funding on this pair paid +0.249%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZECUSDTM1,457.80.0100pay 0.0100% / 8h2h 12m$103.1M$57.0M75x
ShortdYdX ZEC-USD1,458.50get 0.0000% / 1h12m 17s$411K$106K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: +0.047% → +0.002%
$4.44
Slippage, 4 orders
−$86.59
Fee KuCoin: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$125.16
Costs to cover
1.086%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; dYdX: live order book, 12 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, 7 min ago1.41 bp10.7 bp −$1117.9 bp −$179doesn't fitdoesn't fit
Sell dYdX live order book, 12 min ago38.64 bp44.1 bp −$4448.4 bp −$484103.4 bp −$10.3K412.9 bp −$206.4K

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−0.3476%1h1,433.1−1.692%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0086%8h1,458+0.012%$28.8M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,458.4+0.037%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,457.9+0.006%$17.7M$44.6M25xas long as short
Bybit ZECUSDT−0.0015%8h1,456.6−0.083%$268.9M$677.4M75xas long as short
dYdX ZEC-USDshort0.0000%1h1,458.5+0.047%$411K$106K5x
Kalshi KXZECPERP0.0000%8h1,458.4+0.041%$934K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,458+0.010%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,458.9+0.074%$594K$1.3M25xas long as short
Variational Omni ZEC+0.0002%8h1,456.6−0.084%$45.6M$33.4Mas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,458.3+0.031%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,457.6−0.016%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0018% / S +0.0073%1h1,458.1+0.021%$557K100xas long as short
01 Exchange ZECUSD+0.0048%1h1,458+0.014%$8K$8K5xas long as short
Ondo Perps ZEC-USD.P+0.0051%1h1,455.9−0.131%$395K$520K5xas long as short
OKX ZEC-USDT-SWAP+0.0058%8h1,457.3−0.036%$174.0M$1.36B50xas long as short
Gate ZEC_USDT+0.0066%8h1,457.7−0.010%$49.3M$191.0M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,458.2+0.025%$15K$865K10xas long as short
Lighter ZEC+0.0096%1h1,459.5+0.116%$18.8M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,457.9+0.005%$173K$2.0M50xas long as short
Aster ZECUSDT+0.0097%8h1,457.9+0.007%$15.3M$33.9M75xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.9+0.007%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,458.9+0.073%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458.6+0.054%$754.4M$495.2M10xas long as short
Pacifica ZEC+0.0100%1h1,458.5+0.046%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.7−0.008%$665.6M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.8−0.002%$218.7M$898.6M150xas long as short
KuCoin ZECUSDTMlong+0.0100%8h1,457.8long leg$103.1M$57.0M75x
Bitget ZECUSDT+0.0100%8h1,457.9+0.004%$161.4M$312.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,458.3+0.035%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,459.2+0.093%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,457.1−0.050%$489K$9.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.7−0.073%$3.0M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458+0.010%$428K$814K50xas long as short
StandX ZEC-USD+0.0100%1h1,458.6+0.052%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.6−0.014%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.6−0.013%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.9−0.062%$445K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,460+0.149%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,458.1+0.016%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,458.4+0.040%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,458+0.014%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,455−0.193%$896K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,457.5−0.022%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,458.4+0.040%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.5−0.022%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,458.6+0.056%$853K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,460+0.147%$3.7M$11.6M50xas long as short
Aftermath Perps ZECUSD+0.0474%1h1,458+0.010%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,459.3+0.100%$748K$8.0M10xas long as short
Lighter RH ZEC+0.0600%1h1,460.1+0.155%$1.9M$8.5M10xas long as short