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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%
Price spread now: Hyperliquid against KuCoin+0.085%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$310.312% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.348%+$35 on $10k
Price spread, last 7 days−0.020%−$2 · spread now +0.085%, 7d avg +0.041%
Together, before fees+0.328%+ Points / potential airdropHyperliquid: Season 2 · farm board+$33 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: Hyperliquid is 0.043% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZECUSDTM1,463.20.0100pay 0.0100% / 8h5h 16m$102.5M$55.6M75x
ShortHyperliquid ZEC1,464.40.0100get 0.0013% / 1h16m 09s$766.0M$430.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.085% → +0.041%
$4.33
Slippage, 4 orders
−$10.15
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$26.83
Costs to cover
0.312%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Hyperliquid: live order book, 8 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 ago0.79 bp9.3 bp −$916.7 bp −$167doesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago0.34 bp5.4 bp −$57.0 bp −$70doesn't fitdoesn'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−0.3244%1h1,459.8−0.231%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0083%8h1,461−0.145%$29.3M$70.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,462.8−0.028%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,461.3−0.126%$412K$43K5xas long as short
Kalshi KXZECPERP0.0000%8h1,464.2+0.072%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,462.6−0.042%$84K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463−0.012%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0050%8h1,462.8−0.025%$293K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,462.9−0.014%$411K100xas long as short
Phoenix ZEC+0.0074%1h1,461.9−0.084%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,463.2−0.001%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,463.4+0.016%$16K$866K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,463.1−0.005%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.8−0.027%$2.6M$6.3M10xas long as short
Hyperliquid ZECshort+0.0100%1h1,464.4+0.085%$766.0M$430.7M10x
Aster ZECUSDT+0.0100%8h1,463−0.011%$14.5M$28.1M75xas long as short
Pacifica ZEC+0.0100%1h1,463−0.013%$1.7M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,463.3+0.009%$670.2M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,462.4−0.051%$265.7M$605.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,462.6−0.036%$179.0M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,457.8−0.366%$396K$432K5xas long as short
Bulk ZEC-USD+0.0100%1h1,456.1−0.483%$882K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,463.20.000%$50.0M$174.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,463.1−0.003%$215.8M$778.9M150xas long as short
KuCoin ZECUSDTMlong+0.0100%8h1,463.2long leg$102.5M$55.6M75x
Bitget ZECUSDT+0.0100%8h1,463.1−0.003%$162.7M$273.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,462.9−0.020%$97.0Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,462.1−0.074%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,459−0.282%$47.7M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,458.7−0.305%$568K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,460.3−0.194%$3.0M$432K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,459.4−0.254%$410K$913K50xas long as short
StandX ZEC-USD+0.0100%1h1,461.2−0.134%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,463.2+0.003%$333K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.2+0.002%$161K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,461.6−0.105%$446K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,465.8+0.181%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,463.3+0.008%$234K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,462−0.081%$2.6M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,462.8−0.027%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,462.4−0.051%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,462.6−0.036%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0152%1h1,464+0.055%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,463.3+0.008%$18.1M$44.5M25xas long as short
Lighter ZEC+0.0232%1h1,464.6+0.096%$19.2M$46.7M20xas long as short
Arcus ZEC-USD+0.0277%1h1,463.5+0.022%$705K$8.5M10xas long as short
Lighter RH ZEC+0.0376%1h1,464.9+0.120%$2.1M$6.9M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0401%1h1,463.7+0.037%$615K$1.3M25xas long as short
RISEx ZEC/USDC+0.0409%1h1,463.4+0.017%$837K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,464.7+0.105%$3.7M$9.2M50xas long as short
Aftermath Perps ZECUSD+0.0695%1h1,460.5−0.179%$45K$49K10xas long as short