Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: StandX against KuCoin+0.218%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$380.379% of the position

Long on KuCoin Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.265%+$27 on $10k

Price spread, last 7 days−0.211%−$21 · spread now +0.218%, 7d avg +0.023%

Together, before fees+0.054%+ Points / potential airdropStandX: Active · farm board+$5 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: StandX is 0.194% dearer against KuCoin than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZECUSDTM	1,516	0.0100	pay 0.0100% / 8h	7h 46m	$103.6M	$57.4M	75x
Short	StandX ZEC-USD	1,519.3	0.0100	get 0.0013% / 1h	46m 40s	$51K	$4.6M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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

Position, each leg$Hold fordaysFee KuCoinbpFee StandXbpOrdersPrice spread, now +0.218%Rate

Funding earned: $0
Price spread: +0.218% → +0.023%: $19.43
Slippage, 4 orders: −$17.86
Fee KuCoin: 6 bp × 2 orders: −$12
Fee StandX: 4 bp × 2 orders: −$8
Net: −$18.43
Costs to cover: 0.379%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; StandX: live order book, 2 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, 2 min ago	1.22 bp	10.0 bp −$10	17.4 bp −$174	doesn't fit	doesn't fit
Sell StandX live order book, 2 min ago	3.76 bp	8.4 bp −$8	12.0 bp −$120	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	−0.3702%	1h	1,494.3	−1.431%	$36K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,515.5	−0.031%	$62K	$305K	10x	as long as short
BloFin ZEC-USDT	−0.0155%	8h	1,516.5	+0.033%	$31.6M	$77.2M	75x	as long as short
Aftermath Perps ZECUSD	−0.0134%	1h	1,516.4	+0.024%	$48K	$59K	10x	as long as short
Bulk ZEC-USD	−0.0101%	1h	1,517.9	+0.125%	$781K	$147K	10x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,517.7	+0.111%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,516.5	+0.034%	$421K	$34K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,517.5	+0.098%	$1.6M	$5.0M	2.2x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,516.3	+0.020%	$5.4M	—	150x	as long as short
Kraken Futures PF_ZECUSD	+0.0019%	1h	1,516.3	+0.020%	$18.4M	$47.7M	25x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni ZECUSDT	+0.0019%	1h	1,516.5	+0.035%	$416K	$951K	50x	as long as short
01 Exchange ZECUSD	+0.0024%	1h	1,517	+0.064%	$8K	$6K	5x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0067%	1h	1,516.6	+0.043%	$693K	$1.4M	25x	as long as short
Phoenix ZEC	+0.0082%	1h	1,518.9	+0.188%	$4.8M	$1.4M	10x	as long as short
Orderly PERP_ZEC_USDC	+0.0084%	8h	1,515.9	−0.006%	$306K	$861K	20x	as long as short
Lighter ZEC	+0.0096%	1h	1,517.4	+0.092%	$19.6M	$44.7M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,517.6	+0.105%	$2.1M	$7.5M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,517	+0.064%	$172K	$1.8M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,516.5	+0.032%	$63K	$19K	10x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,516.7	+0.046%	$16K	$900K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,517	+0.068%	$3.1M	$7.7M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,516.8	+0.053%	$794.2M	$448.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,516	+0.003%	$14.2M	$30.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,516.7	+0.045%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,516.6	+0.036%	$716.8M	$2.33B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,516.4	+0.025%	$272.8M	$629.1M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,516.9	+0.058%	$186.0M	$1.39B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,516.4	+0.026%	$413K	$548K	5x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,517.5	+0.102%	$596K	$9.0M	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,515.8	−0.011%	$60.4M	$183.7M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,516.8	+0.052%	$408.9M	$829.4M	150x	as long as short
KuCoin ZECUSDTMlong	+0.0100%	8h	1,516	long leg	$103.6M	$57.4M	75x
Bitget ZECUSDT	+0.0100%	8h	1,516.1	+0.006%	$163.6M	$294.8M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,515.5	−0.032%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,517.7	+0.113%	$50.1M	$35.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,518.8	+0.182%	$556K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,516.2	+0.014%	$3.1M	$530K	10x	as long as short
StandX ZEC-USDshort	+0.0100%	1h	1,519.3	+0.218%	$51K	$4.6M	30x
Polymarket Perps ZEC-USD	+0.0100%	1h	1,517.6	+0.106%	$377K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,517	+0.064%	$170K	$194K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,516.9	+0.058%	$453K	$408K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,519	+0.198%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,515.9	−0.007%	$256K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,516.7	+0.047%	$2.7M	$21.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,516.7	+0.047%	$4.1M	$4.9M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,515.7	−0.023%	$2.8M	$8.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,515.6	−0.026%	$43K	$150K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0155% / S −0.0157%	1h	1,516.2	+0.012%	$337K	—	100x	as long as short
RISEx ZEC/USDC	+0.0157%	1h	1,516.3	+0.022%	$967K	$1.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0368%	1h	1,518.6	+0.173%	$3.8M	$10.0M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0548%	1h	1,516.4	+0.026%	$2.4M	$3.8M	15x	as long as short