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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.008%
Price spread now: Extended against KuCoin−0.150%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$340.336% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.192%+$19 on $10k
Price spread, last 7 days+0.115%+$12 · spread now −0.150%, 7d avg −0.022%
Together, before fees+0.307%+ Points / potential airdropExtended: Active · farm board+$31 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: Extended is 0.128% cheaper against KuCoin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZECUSDTM1,516.10.0100pay 0.0100% / 8h7h 54m$103.6M$57.4M75x
ShortExtended ZEC-USD1,513.80.0104get 0.0013% / 1h54m 05s$2.8M$8.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: −0.150% → −0.022%
−$12.81
Slippage, 4 orders
−$16.63
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$45.59
Costs to cover
0.336%
Break-even
386.9 days
Slippage from KuCoin: live order book, 5 min ago; Extended: live order book, 5 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, 5 min ago0.53 bp10.6 bp −$1115.5 bp −$155doesn't fitdoesn't fit
Sell Extended live order book, 5 min ago0.78 bp6.1 bp −$610.8 bp −$10858.2 bp −$5,817doesn'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−0.3702%1h1,500.2−1.047%$37K$275K12xas long as short
Bulk ZEC-USD−0.0463%1h1,515.3−0.055%$779K$147K10xas long as short
Perpl ZEC−0.0447%43m1,517.9+0.116%$62K$305K10xas long as short
BloFin ZEC-USDT−0.0164%8h1,517.5+0.093%$31.8M$77.1M75xas long as short
Aftermath Perps ZECUSD−0.0120%1h1,514.1−0.132%$48K$59K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,518.8+0.175%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,518.5+0.160%$422K$34K5xas long as short
01 Exchange ZECUSD0.0000%1h1,518.5+0.158%$8K$6K5xas long as short
Kalshi KXZECPERP0.0000%8h1,519.1+0.195%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,516−0.009%$5.4M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZECUSD+0.0019%1h1,517.4+0.084%$18.3M$47.8M25xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,517.4+0.086%$306K$860K20xas long as short
Phoenix ZEC+0.0096%1h1,512.4−0.246%$4.8M$1.4M10xas long as short
Lighter RH ZEC+0.0096%1h1,517.8+0.111%$2.1M$7.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,518.9+0.187%$173K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,517.9+0.117%$63K$19K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,518.7+0.171%$16K$902K10xas long as short
Nado ZEC-PERP+0.0100%1h1,518.9+0.187%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,516.1−0.001%$793.1M$446.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,514.8−0.088%$14.2M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,518.8+0.176%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,515.1−0.068%$715.7M$2.34B75xas long as short
Bybit ZECUSDT+0.0100%8h1,513.6−0.164%$272.4M$629.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,514.2−0.125%$183.4M$1.38B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,509.5−0.436%$413K$553K5xas long as short
Arcus ZEC-USD+0.0100%1h1,519.2+0.206%$598K$8.9M10xas long as short
Gate ZEC_USDT+0.0100%8h1,515.9−0.014%$60.0M$183.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,515−0.071%$416.2M$825.7M150xas long as short
KuCoin ZECUSDTMlong+0.0100%8h1,516.1long leg$103.6M$57.4M75x
Bitget ZECUSDT+0.0100%8h1,514−0.137%$163.6M$294.8M75xas long as short
BingX ZEC-USDT+0.0100%8h1,515.9−0.011%$120.2Mas long as short
Variational Omni ZEC+0.0100%8h1,509.2−0.457%$49.7M$35.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,515.9−0.012%$581K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,515.9−0.013%$3.1M$532K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,515.1−0.069%$417K$949K50xas long as short
StandX ZEC-USD+0.0100%1h1,511.5−0.302%$51K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,519+0.191%$377K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,518.6+0.162%$170K$193K20xas long as short
Derive ZEC-PERP+0.0100%1h1,512.3−0.250%$452K$408K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,519.8+0.242%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,517.3+0.076%$257K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,516.1−0.003%$2.7M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,517.3+0.076%$4.1M$4.9M50xas long as short
Lighter ZEC+0.0104%1h1,518.2+0.140%$19.6M$44.3M20xas long as short
Extended ZEC-USDshort+0.0104%1h1,513.8−0.150%$2.8M$8.0M10x
Aevo ZEC-PERP+0.0104%1h1,517.6+0.097%$43K$150K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0153% / S −0.0154%1h1,518.3+0.146%$337K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0154%1h1,518.2+0.137%$693K$1.4M25xas long as short
RISEx ZEC/USDC+0.0157%1h1,518.8+0.177%$968K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,518+0.127%$3.7M$9.8M50xas long as short
Backpack ZEC_USDC_PERP+0.0489%1h1,515.8−0.023%$2.4M$3.7M15xas long as short