Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.002%
Price spread now: Popdex against KuCoin+0.003%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$270.267% of the position
Funding, last 3 days (all we have)+0.023%+$2 on $10k
+Price spread, last 7 days+0.002%$0 · spread now +0.003%, 7d avg +0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZECUSDTM | 1,459 | 0.0100 | pay 0.0100% / 8h | 2h 09m | $103.2M | $57.0M | 75x |
| Short | Popdex ZECUSDT | 1,459 | 0.0096 | get 0.0012% / 1h | 9m 25s | $173K | $2.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: +0.003% → +0.014%
- −$1.05
- Slippage, 4 orders
- −$8.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$28.62
- Costs to cover
- 0.267%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Popdex: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 10 min ago | 1.41 bp | 10.7 bp −$11 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 5 min ago | 0.10 bp | 3.5 bp −$3 | 6.7 bp −$67 | doesn't fit | doesn't fit |
ZEC on 51 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3476% | 1h | 1,433.1 | −1.769% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0086% | 8h | 1,456.8 | −0.146% | $28.8M | $75.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,459 | 0.000% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,458.4 | −0.035% | $17.7M | $44.7M | 25x | as long as short |
| Bybit ZECUSDT | −0.0020% | 8h | 1,458.2 | −0.051% | $269.2M | $677.3M | 75x | as long as short |
| Variational Omni ZEC | −0.0004% | 8h | 1,455.9 | −0.207% | $45.6M | $33.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,458.4 | −0.036% | $411K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,458.9 | −0.001% | $934K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,458.6 | −0.027% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,459.5 | +0.039% | $594K | $1.3M | 25x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,459.2 | +0.017% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0016% | 8h | 1,458.5 | −0.031% | $292K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0017% / S +0.0074% | 1h | 1,459 | +0.002% | $558K | — | 100x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0035% | 1h | 1,455.9 | −0.209% | $395K | $514K | 5x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,459.4 | +0.029% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0058% | 8h | 1,459.2 | +0.014% | $174.2M | $1.36B | 50x | as long as short |
| Gate ZEC_USDT | +0.0062% | 8h | 1,458.6 | −0.021% | $49.3M | $191.1M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,459.1 | +0.010% | $15K | $865K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,460.5 | +0.110% | $18.9M | $54.7M | 20x | as long as short |
| Popdex ZECUSDTshort | +0.0096% | 1h | 1,459 | +0.003% | $173K | $2.0M | 50x | |
| Aster ZECUSDT | +0.0098% | 8h | 1,459 | +0.003% | $15.4M | $33.9M | 75x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,459 | +0.004% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,459.6 | +0.043% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,459.9 | +0.065% | $755.1M | $493.3M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,459.5 | +0.040% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,459 | +0.003% | $666.2M | $2.53B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,459 | +0.003% | $219.1M | $899.6M | 150x | as long as short |
| KuCoin ZECUSDTMlong | +0.0100% | 8h | 1,459 | long leg | $103.2M | $57.0M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,459 | +0.003% | $161.5M | $312.2M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,458.3 | −0.044% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,459.4 | +0.030% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,456.9 | −0.140% | $489K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,458 | −0.064% | $3.0M | $492K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,457.2 | −0.118% | $428K | $815K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,459.6 | +0.043% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,459 | +0.003% | $344K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,458.9 | −0.003% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,456.4 | −0.175% | $445K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,460.7 | +0.121% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,458.6 | −0.025% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,459 | +0.003% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,458.8 | −0.012% | $3.8M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,456.7 | −0.154% | $897K | $26K | 10x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,458.5 | −0.028% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,459.5 | +0.037% | $3.3M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,458.7 | −0.019% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,459.7 | +0.050% | $847K | $1.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,461 | +0.139% | $3.7M | $11.6M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0480% | 1h | 1,458.6 | −0.022% | $40K | $34K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,460.1 | +0.080% | $746K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0592% | 1h | 1,461 | +0.141% | $2.0M | $8.5M | 10x | as long as short |
KuCoin ZECUSDTM
Popdex ZECUSDT
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
Variational Omni ZEC
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Katana Perps ZEC-USD
Lighter ZEC
Aster ZECUSDT
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Phoenix ZEC
Extended ZEC-USD
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Lighter RH ZEC