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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%
Price spread now: SoDEX against KuCoin+0.052%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$300.295% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.003%$0 on $10k
Price spread, last 3 days (all we have)+0.268%+$27 · spread now +0.052%, 7d avg +0.017%
Together, before fees+0.271%+$27 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: SoDEX is 0.036% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZECUSDTM1,472.70.0100pay 0.0100% / 8h21m 14s$103.7M$56.1M75x
ShortSoDEX ZEC-USD1,473.50.0100get 0.0013% / 1h21m 14s$238K$4.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: +0.052% → +0.017%
$3.57
Slippage, 4 orders
−$9.53
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$25.96
Costs to cover
0.295%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; SoDEX: live order book, 3 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 ago1.06 bp11.2 bp −$1117.9 bp −$179doesn't fitdoesn't fit
Sell SoDEX live order book, 3 min ago0.03 bp4.9 bp −$516.9 bp −$169122.5 bp −$12.2Kdoesn'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−0.3089%1h1,452.2−1.391%$33K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0256%1h1,470.4−0.155%$399K$522K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,473.8+0.078%$17.9M$44.4M25xas long as short
Bybit ZECUSDT−0.0115%8h1,472.5−0.013%$275.0M$653.9M75xas long as short
BloFin ZEC-USDT−0.0107%8h1,473.7+0.070%$29.7M$75.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.2−0.166%$6K$2K10xas long as short
Variational Omni ZEC−0.0061%8h1,472.2−0.031%$47.2M$34.2Mas long as short
dYdX ZEC-USD0.0000%1h1,472.8+0.007%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.1−0.110%$959K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,472.2−0.034%$84K$407K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni ZECUSDT0.0000%1h1,469.2−0.234%$431K$843K50xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,473.2+0.037%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,472.5−0.010%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,473.1+0.029%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,471.2−0.101%$4.6M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0041%8h1,473.1+0.026%$181.0M$1.34B50xas long as short
Gate ZEC_USDT+0.0049%8h1,472.70.000%$51.2M$187.3M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,473.2+0.035%$372K100xas long as short
Lighter ZEC+0.0096%1h1,474+0.091%$19.2M$52.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,472.7−0.002%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,471.3−0.095%$13K$834K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.3−0.029%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.2+0.033%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.8+0.075%$763.8M$472.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.6−0.007%$15.0M$32.6M75xas long as short
Pacifica ZEC+0.0100%1h1,473+0.019%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,473+0.024%$683.5M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,473.3+0.041%$702K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,469.8−0.199%$894K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.8+0.008%$223.4M$841.4M150xas long as short
KuCoin ZECUSDTMlong+0.0100%8h1,472.7long leg$103.7M$56.1M75x
Bitget ZECUSDT+0.0100%8h1,473.2+0.031%$163.5M$301.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,472.5−0.015%$102.1Mas long as short
edgeX ZECUSDC+0.0100%4h1,468−0.320%$511K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470−0.182%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,469−0.248%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.7+0.001%$337K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.7+0.004%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,471.5−0.080%$459K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475.1+0.164%$3K$1.2M20xas long as short
SoDEX ZEC-USDshort+0.0100%1h1,473.5+0.052%$238K$4.4M10x
HTX ZEC-USDT+0.0100%8h1,473+0.021%$2.5M$22.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.9+0.081%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,473.8+0.072%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.70.000%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,473.1+0.026%$826K$1.2M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0154%1h1,474.1+0.094%$615K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0414%1h1,472.6−0.008%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,475.7+0.204%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0472%1h1,474.7+0.136%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0740%1h1,472−0.048%$46K$47K10xas long as short