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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.84 per $10,000 · paid last 24h +0.025%
Price spread now: KuCoin against Orderly+0.030%7-day average −0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 3 days (all we have)−0.787%−$79 · spread now +0.030%, 7d avg −0.021%
Together, before fees−0.694%−$69 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.050% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ZEC_USDC1,455.90.0016pay 0.0016% / 8h2h 22m$292K$1.5M20x
ShortKuCoin ZECUSDTM1,456.40.0100get 0.0100% / 8h2h 22m$103.1M$57.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Orderly. 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
$17.65
Price spread: +0.030% → −0.021%
$5.03
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$4.68
Costs to cover
0.180%
Break-even
5.1 days
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell KuCoin live order book, 2 min ago1.03 bp11.1 bp −$1114.3 bp −$143doesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3476%1h1,433.1−1.566%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0086%8h1,454.8−0.078%$28.6M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,455.2−0.052%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,455.7−0.016%$17.7M$44.7M25xas long as short
dYdX ZEC-USD0.0000%1h1,455.1−0.061%$410K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,456.1+0.012%$933K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,456.2+0.019%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,457+0.072%$593K$1.3M25xas long as short
Variational Omni ZEC+0.0005%8h1,459.3+0.229%$45.7M$33.1Mas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,456.6+0.046%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0009%8h1,455.8−0.009%$267.8M$677.3M75xas long as short
Orderly PERP_ZEC_USDClong+0.0016%8h1,455.9long leg$292K$1.5M20x
GMX ZEC/USD [WBTC.b-USDC]L +0.0023% / S +0.0072%1h1,456.5+0.042%$565K100xas long as short
01 Exchange ZECUSD+0.0056%1h1,455.7−0.019%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0060%8h1,456.5+0.038%$173.1M$1.36B50xas long as short
Gate ZEC_USDT+0.0077%8h1,456.3+0.023%$49.4M$190.3M75xas long as short
Aster ZECUSDT+0.0092%8h1,456.6+0.042%$15.3M$34.5M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,455.5−0.034%$13K$871K10xas long as short
Lighter ZEC+0.0096%1h1,457.3+0.094%$18.8M$54.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,455.4−0.034%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,455.6−0.025%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,455.6−0.021%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,456.5+0.038%$752.8M$493.9M10xas long as short
Pacifica ZEC+0.0100%1h1,455.8−0.009%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.1+0.012%$663.9M$2.53B75xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458.6+0.183%$395K$522K5xas long as short
Bulk ZEC-USD+0.0100%1h1,445−0.751%$890K$32K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.4+0.028%$216.2M$896.6M150xas long as short
KuCoin ZECUSDTMshort+0.0100%8h1,456.4+0.030%$103.1M$57.1M75x
Bitget ZECUSDT+0.0100%8h1,456.3+0.027%$161.2M$313.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,456.4+0.028%$101.4Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,456.6+0.047%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,457.3+0.097%$490K$9.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.6+0.253%$3.0M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458.8+0.193%$455K$800K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.6+0.048%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456+0.004%$347K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,456.1+0.011%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,454.9−0.070%$442K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,457.3+0.093%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,456+0.007%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,456+0.006%$2.4M$25.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,456+0.005%$3.8M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,460.3+0.302%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,456.4+0.034%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,456.1+0.013%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,456+0.003%$868K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,458.1+0.147%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0450%1h1,455.3−0.045%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,456.9+0.066%$752K$8.0M10xas long as short
Lighter RH ZEC+0.0648%1h1,458.1+0.151%$1.9M$8.5M10xas long as short