Funding you earn now, next payment 03:05 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.025%
Price spread now: KuCoin against Perpl+0.053%7-day average +0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 4 days (all we have)−0.693%−$69 · spread now +0.053%, 7d avg +0.027%
=Together, before fees−0.768%+ Points / potential airdropPerpl: Active · farm board−$77 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 0.025% dearer against Perpl than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.027%. Mind the row above: over the last 7 days funding on this pair cost −0.075%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl ZEC | 1,460 | 0 | get 0.0000% / 43m | 38m 58s | $83K | $240K | 10x |
| Short | KuCoin ZECUSDTM | 1,460.8 | 0.0100 | get 0.0100% / 8h | 4h 24m | $102.7M | $53.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Perpl. 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
- $21
- Price spread: +0.053% → +0.027%
- $2.54
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2.26
- Costs to cover
- 0.258%
- Break-even
- 7.8 days
Slippage unknown: Perpl: no order-book sample; KuCoin: live order book, 4 min ago. Net counts fees only.
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 Perpl no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 4 min ago | 0.93 bp | 8.9 bp −$9 | 14.1 bp −$141 | doesn't fit | doesn't fit |
Perpl: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3166% | 1h | 1,460.6 | +0.043% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,458.6 | −0.095% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0069% | 8h | 1,460.7 | +0.046% | $29.3M | $71.1M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,460.1 | +0.006% | $411K | $38K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,462.3 | +0.154% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEClong | 0.0000% | 43m | 1,460 | long leg | $83K | $240K | 10x | |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,460.5 | +0.036% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,460.7 | +0.045% | $292K | $956K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0068% / S −0.0019% | 1h | 1,460.7 | +0.046% | $410K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,460.2 | +0.012% | $8K | $7K | 5x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,460.3 | +0.023% | $174K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,460 | +0.001% | $11K | $856K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,460.3 | +0.019% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,460.4 | +0.026% | $2.8M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,461.9 | +0.130% | $759.8M | $432.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,460.8 | +0.055% | $14.5M | $27.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,460.5 | +0.035% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,460.4 | +0.028% | $671.1M | $2.21B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,460.2 | +0.016% | $263.6M | $600.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,460.6 | +0.042% | $178.3M | $1.23B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,455.7 | −0.295% | $396K | $441K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,454 | −0.413% | $877K | $29K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,460.7 | +0.045% | $50.7M | $174.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,460.7 | +0.048% | $216.6M | $772.6M | 150x | as long as short |
| KuCoin ZECUSDTMshort | +0.0100% | 8h | 1,460.8 | +0.053% | $102.7M | $53.9M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,460.8 | +0.058% | $166.4M | $271.1M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,459.7 | −0.021% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,461.3 | +0.087% | $2.4M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,457.9 | −0.146% | $47.8M | $32.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,455.8 | −0.290% | $567K | $8.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,457.4 | −0.181% | $3.0M | $437K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,457 | −0.208% | $406K | $927K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,458.4 | −0.113% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,460.4 | +0.027% | $367K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,460.7 | +0.048% | $161K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,459.8 | −0.017% | $446K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,462.9 | +0.201% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,460.8 | +0.053% | $234K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,459.7 | −0.021% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,460.2 | +0.016% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,460.5 | +0.036% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,460.6 | +0.044% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,458.1 | −0.129% | $4.6M | $1.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0231% | 1h | 1,461.5 | +0.102% | $611K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0276% | 1h | 1,460.6 | +0.044% | $18.1M | $45.0M | 25x | as long as short |
| Lighter ZEC | +0.0288% | 1h | 1,461.9 | +0.130% | $19.2M | $45.9M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0412% | 1h | 1,460.2 | +0.014% | $924K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,462.1 | +0.143% | $3.8M | $9.0M | 50x | as long as short |
| Lighter RH ZEC | +0.0456% | 1h | 1,462.1 | +0.142% | $2.1M | $7.0M | 10x | as long as short |
| Arcus ZEC-USD | +0.0626% | 1h | 1,461.1 | +0.078% | $690K | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0681% | 1h | 1,457.3 | −0.182% | $45K | $49K | 10x | as long as short |
KuCoin ZECUSDTM
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
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
Extended ZEC-USD
Phoenix ZEC
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD