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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0057%/8h= −6.3% APRpaid last 24h −0.016%
Price spread now: KuCoin against RISEx+0.072%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$310.314% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.216%−$22 on $10k
Price spread, last 7 days−0.066%−$7 · spread now +0.072%, 7d avg −0.035%
Together, before fees−0.282%−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.108% dearer against RISEx than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of −0.035%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.3 days. At the pace of the last 4 days (−0.216% in total) that is about 45 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ZEC/USDC1,502.40.0157pay 0.0020% / 1h29m 55s$994K$1.1M10x
ShortKuCoin ZECUSDTM1,503.50.0100get 0.0100% / 8h7h 29m$102.7M$57.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against RISEx. 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
−$12
Price spread: +0.072% → −0.035%
$10.76
Slippage, 4 orders
−$13.39
Fee RISEx: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$32.62
Costs to cover
0.314%
Break-even
never at this rate
Slippage from RISEx: live order book, 4 min ago; KuCoin: live order book, 9 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 RISEx live order book, 4 min ago1.86 bp4.9 bp −$59.2 bp −$92doesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago1.46 bp10.1 bp −$1013.8 bp −$138doesn't fitdoesn'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−0.3702%1h1,491.4−0.729%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,502.5+0.012%$62K$305K10xas long as short
Aftermath Perps ZECUSD−0.0204%1h1,505.7+0.222%$48K$58K10xas long as short
BloFin ZEC-USDT−0.0155%8h1,503.6+0.082%$31.8M$76.4M75xas long as short
Bulk ZEC-USD−0.0098%1h1,506.5+0.277%$775K$147K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,502.1−0.015%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,501.8−0.037%$417K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,501.9−0.029%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,503.2+0.055%$5.4M150xas long as short
Kraken Futures PF_ZECUSD+0.0019%1h1,502.9+0.035%$18.3M$48.0M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0032%1h1,502.3−0.007%$8K$6K5xas long as short
Gate ZEC_USDT+0.0065%8h1,503.4+0.069%$60.5M$185.9M75xas long as short
Phoenix ZEC+0.0082%1h1,507+0.309%$4.8M$1.4M10xas long as short
Orderly PERP_ZEC_USDC+0.0085%8h1,502.9+0.034%$303K$861K20xas long as short
Lighter ZEC+0.0096%1h1,504+0.111%$19.5M$45.0M20xas long as short
Lighter RH ZEC+0.0096%1h1,504.2+0.125%$2.1M$7.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,502.4−0.001%$171K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,502.1−0.017%$62K$17K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,502.3−0.002%$16K$898K10xas long as short
Nado ZEC-PERP+0.0100%1h1,501.9−0.028%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,503.7+0.089%$786.7M$446.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,503.4+0.067%$14.1M$30.7M75xas long as short
Pacifica ZEC+0.0100%1h1,502.4+0.001%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,503.8+0.094%$710.2M$2.33B75xas long as short
Bybit ZECUSDT+0.0100%8h1,503.4+0.069%$269.4M$623.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,503.6+0.080%$185.0M$1.37B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,501.6−0.051%$408K$557K5xas long as short
Arcus ZEC-USD+0.0100%1h1,503.2+0.053%$611K$9.0M10xas long as short
MEXC ZEC_USDT+0.0100%8h1,503.7+0.090%$404.9M$835.6M150xas long as short
KuCoin ZECUSDTMshort+0.0100%8h1,503.5+0.072%$102.7M$57.3M75x
Bitget ZECUSDT+0.0100%8h1,503.9+0.099%$162.6M$295.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,503.7+0.089%$120.2Mas long as short
Variational Omni ZEC+0.0100%8h1,502.5+0.012%$49.7M$36.0Mas long as short
edgeX ZECUSDC+0.0100%4h1,505.3+0.194%$555K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,506.8+0.292%$3.1M$533K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,505.8+0.229%$413K$952K50xas long as short
StandX ZEC-USD+0.0100%1h1,504.7+0.153%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,502.7+0.022%$373K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,502.8+0.030%$168K$194K20xas long as short
Derive ZEC-PERP+0.0100%1h1,502−0.023%$449K$419K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,505.1+0.183%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,503.9+0.099%$254K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,500.9−0.100%$2.7M$21.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,503.6+0.083%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,503.8+0.094%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,502.9+0.032%$44K$153K20xas long as short
RISEx ZEC/USDClong+0.0157%1h1,502.4long leg$994K$1.1M10x
GMX ZEC/USD [WBTC.b-USDC]L +0.0160% / S −0.0164%1h1,503.1+0.052%$334K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0226%1h1,504+0.109%$688K$1.4M25xas long as short
Backpack ZEC_USDC_PERP+0.0290%1h1,503.8+0.094%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,504.4+0.132%$3.8M$10.0M50xas long as short