Funding you earn now, next payment 08:00 UTC+0.0199%/8h= +21.8% APRnext payment +$1.99 per $10,000 · paid last 24h +0.062%
Price spread now: KuCoin against BloFin+0.099%50s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$360.362% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)−0.364%−$36 · spread now +0.099%, 7d avg −0.007%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.105% dearer against BloFin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.007%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZEC-USDT | 1,477.9 | −0.0099 | get 0.0099% / 8h | 2h 24m | $29.8M | $71.7M | 75x |
| Short | KuCoin ZECUSDTM | 1,479.4 | 0.0100 | get 0.0100% / 8h | 2h 24m | $105.3M | $52.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- $41.72
- Price spread: +0.099% → −0.007%
- $10.55
- Slippage, 4 orders
- −$12.2
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $16.06
- Costs to cover
- 0.362%
- Break-even
- 4.3 days
Slippage from BloFin: live order book, 5 min ago; KuCoin: live order book, 5 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 BloFin live order book, 5 min ago | 1.49 bp | 7.5 bp −$7 | 8.8 bp −$88 | 19.5 bp −$1,948 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 1.39 bp | 9.5 bp −$10 | 14.5 bp −$145 | 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 | −0.3243% | 1h | 1,457.4 | −1.388% | $34K | $272K | 12x | as long as short |
| BloFin ZEC-USDTlong | −0.0099% | 8h | 1,477.9 | long leg | $29.8M | $71.7M | 75x | |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,479 | +0.070% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,478.6 | +0.043% | $411K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,474.5 | −0.233% | $1.6M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,479.1 | +0.076% | $85K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0007% | 1h | 1,478.9 | +0.062% | $5.3M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,478.7 | +0.051% | $296K | $896K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,479.2 | +0.088% | $8K | $7K | 5x | as long as short |
| Bybit ZECUSDT | +0.0092% | 8h | 1,478.6 | +0.044% | $265.5M | $593.9M | 75x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0092% | 1h | 1,475.1 | −0.192% | $4.7M | $1.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,479.1 | +0.081% | $174K | $1.6M | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0099% / S −0.0054% | 1h | 1,478.6 | +0.047% | $440K | — | 100x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,478.8 | +0.059% | $12K | $818K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,479 | +0.072% | $61K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,479.6 | +0.113% | $2.9M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,479.9 | +0.133% | $770.3M | $419.3M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,478.9 | +0.062% | $14.5M | $28.2M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,479.2 | +0.084% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,478.8 | +0.059% | $686.4M | $2.17B | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,478.5 | +0.038% | $179.7M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,474.6 | −0.226% | $400K | $433K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,472.4 | −0.374% | $889K | $15K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,478.6 | +0.043% | $53.6M | $172.5M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,478.7 | +0.051% | $228.1M | $765.2M | 150x | as long as short |
| KuCoin ZECUSDTMshort | +0.0100% | 8h | 1,479.4 | +0.099% | $105.3M | $52.8M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,478.8 | +0.059% | $166.8M | $268.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,477.6 | −0.026% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,473.7 | −0.288% | $48.3M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,475 | −0.200% | $556K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,474.1 | −0.259% | $3.0M | $455K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,472.9 | −0.339% | $407K | $926K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,476.3 | −0.110% | $50K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,478.8 | +0.058% | $364K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,478.3 | +0.023% | $163K | $183K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,477.8 | −0.008% | $451K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,480.6 | +0.180% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,478.4 | +0.028% | $244K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,476.2 | −0.120% | $2.7M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,477.8 | −0.008% | $3.9M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,478.8 | +0.055% | $2.8M | $7.8M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,478.8 | +0.058% | $46K | $152K | 20x | as long as short |
| Lighter RH ZEC | +0.0120% | 1h | 1,479.6 | +0.114% | $2.1M | $7.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0125% | 1h | 1,479.4 | +0.102% | $623K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0145% | 1h | 1,478.2 | +0.019% | $18.1M | $45.6M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,478.9 | +0.068% | $934K | $1.1M | 10x | as long as short |
| Lighter ZEC | +0.0200% | 1h | 1,479.7 | +0.117% | $19.6M | $44.1M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0402% | 1h | 1,478.2 | +0.020% | $2.4M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,479.6 | +0.115% | $3.7M | $9.3M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,479.5 | +0.104% | $657K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0713% | 1h | 1,475 | −0.197% | $45K | $49K | 10x | as long as short |
BloFin ZEC-USDT
KuCoin ZECUSDTM
Injective ZEC/USDC PERP
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Bybit ZECUSDT
Phoenix ZEC
Popdex ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
Bitget ZECUSDT
BingX ZEC-USDC
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
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD