Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Phemex−0.054%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$520.517% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)−1.445%−$144 · spread now −0.054%, 7d avg −0.037%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ZECUSDT | 1,517.9 | 0.0100 | pay 0.0100% / 8h | 7h 47m | $4.1M | $4.9M | 50x |
| Short | KuCoin ZECUSDTM | 1,517 | 0.0100 | get 0.0100% / 8h | 7h 47m | $103.7M | $57.4M | 75x |
Phemex ZECUSDT
KuCoin ZECUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Phemex. 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
- Price spread: −0.054% → −0.037%
- −$1.71
- Slippage, 4 orders
- −$27.69
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$53.4
- Costs to cover
- 0.517%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 6 min ago; KuCoin: live order book, 11 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 Phemex live order book, 6 min ago | 3.96 bp | 12.2 bp −$12 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 0.53 bp | 10.6 bp −$11 | 14.1 bp −$141 | 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 | −1.552% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,515.5 | −0.154% | $62K | $305K | 10x | as long as short |
| ApeX Omni ZECUSDT | −0.0275% | 1h | 1,515.6 | −0.152% | $416K | $951K | 50x | as long as short |
| BloFin ZEC-USDT | −0.0161% | 8h | 1,518.4 | +0.038% | $31.8M | $77.2M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0133% | 1h | 1,516.2 | −0.112% | $48K | $59K | 10x | as long as short |
| Bulk ZEC-USD | −0.0101% | 1h | 1,517.9 | +0.003% | $781K | $147K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,517.7 | −0.011% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,516.5 | −0.089% | $421K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,516.8 | −0.070% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,518.4 | +0.033% | $5.4M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
ApeX Omni ZECUSDT
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Bulk ZEC-USD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,517.7 | −0.009% | $18.4M | $47.7M | 25x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,517 | −0.059% | $8K | $6K | 5x | as long as short |
| Phoenix ZEC | +0.0082% | 1h | 1,518.9 | +0.065% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0084% | 8h | 1,518.1 | +0.014% | $306K | $861K | 20x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,518.3 | +0.028% | $19.7M | $44.6M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,518.7 | +0.053% | $2.1M | $7.5M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,516.5 | −0.088% | $173K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,516.8 | −0.070% | $63K | $19K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,516.7 | −0.077% | $16K | $900K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,516 | −0.124% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,518.4 | +0.036% | $795.2M | $448.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,516.9 | −0.064% | $14.2M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,517.6 | −0.017% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,517.3 | −0.035% | $717.2M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,516.6 | −0.080% | $272.7M | $629.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,516.6 | −0.081% | $186.1M | $1.39B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,516.4 | −0.096% | $413K | $548K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,517.5 | −0.021% | $596K | $9.0M | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,517.1 | −0.049% | $60.4M | $183.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,517.3 | −0.039% | $409.3M | $829.3M | 150x | as long as short |
| KuCoin ZECUSDTMshort | +0.0100% | 8h | 1,517 | −0.054% | $103.7M | $57.4M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,517.2 | −0.043% | $163.7M | $294.7M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,517 | −0.056% | — | $120.2M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,517.7 | −0.010% | $50.1M | $35.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,514 | −0.254% | $565K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,516.8 | −0.068% | $3.1M | $519K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,519.3 | +0.095% | $51K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,516.7 | −0.076% | $377K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,517.6 | −0.018% | $170K | $194K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,516.9 | −0.064% | $453K | $408K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,519.7 | +0.120% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,517.5 | −0.025% | $257K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,514.6 | −0.213% | $2.7M | $21.3M | 75x | as long as short |
| Phemex ZECUSDTlong | +0.0100% | 8h | 1,517.9 | long leg | $4.1M | $4.9M | 50x | |
| Extended ZEC-USD | +0.0104% | 1h | 1,516.9 | −0.065% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,517.7 | −0.013% | $43K | $150K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0155% / S −0.0157% | 1h | 1,518.5 | +0.041% | $337K | — | 100x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,516.3 | −0.100% | $967K | $1.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0260% | 1h | 1,518.8 | +0.065% | $694K | $1.4M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,518.8 | +0.061% | $3.8M | $10.0M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0554% | 1h | 1,518.3 | +0.026% | $2.4M | $3.8M | 15x | as long as short |
Kraken Futures PF_ZECUSD
01 Exchange ZECUSD
Phoenix ZEC
Orderly PERP_ZEC_USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Arcus ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Extended ZEC-USD
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP