Funding you earn now, next payment 07:00 UTC+0.0266%/8h= +29.2% APRpaid last 24h +0.020%
Price spread now: KuCoin against Bulk−0.034%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 4 days (all we have)+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.034%, 7d avg +0.021%
=Funding pays, the price is against you. KuCoin is 0.055% cheaper against Bulk than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.021%). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$8 a day). At the pace of the last 4 days (+0.024% in total) that is about 8.5 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.024% in total (about 2.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk ZEC-USD | 1,477.1 | −0.0166 | get 0.0021% / 1h | 27m 55s | $892K | $9K | 10x |
| Short | KuCoin ZECUSDTM | 1,476.6 | 0.0100 | get 0.0100% / 8h | 1h 27m | $100.9M | $57.6M | 75x |
Bulk ZEC-USD
KuCoin ZECUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bulk. 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
- $55.93
- Price spread: −0.034% → +0.021%
- −$5.49
- Slippage, 4 orders
- −$11.57
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $19.87
- Costs to cover
- 0.306%
- Break-even
- 4.5 days
Slippage from Bulk: live order book, 16 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 Bulk live order book, 16 min ago | 0.03 bp | 3.5 bp −$4 | 3.9 bp −$39 | 4.5 bp −$450 | 7.4 bp −$3,696 |
| Sell KuCoin live order book, 11 min ago | 1.32 bp | 11.9 bp −$12 | 18.6 bp −$186 | 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 | −0.3684% | 1h | 1,462 | −1.020% | $36K | $275K | 12x | as long as short |
| Bulk ZEC-USDlong | −0.0166% | 1h | 1,477.1 | long leg | $892K | $9K | 10x | |
| BloFin ZEC-USDT | −0.0123% | 8h | 1,477 | −0.004% | $30.5M | $73.8M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,475.9 | −0.079% | $17.9M | $47.0M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,476.2 | −0.060% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,477.7 | +0.040% | $411K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,478.2 | +0.076% | $1.5M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,475.1 | −0.133% | $63K | $303K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,475.6 | −0.103% | $5.2M | — | 150x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0049% | 1h | 1,476.2 | −0.060% | $674K | $1.4M | 25x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Deribit ZEC_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0077% | 8h | 1,475.3 | −0.124% | $297K | $1.1M | 20x | as long as short |
| Aftermath Perps ZECUSD | +0.0093% | 1h | 1,477.2 | +0.009% | $47K | $64K | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,475.7 | −0.098% | $165K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,475.4 | −0.113% | $10K | $871K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,475.9 | −0.083% | $2.7M | $7.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,476 | −0.072% | $13.8M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,475.8 | −0.088% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,476.7 | −0.025% | $687.5M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,476.1 | −0.068% | $263.5M | $632.7M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,476.8 | −0.018% | $178.8M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,475.2 | −0.129% | $403K | $508K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,476.6 | −0.035% | $54.2M | $183.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,476.7 | −0.025% | $240.7M | $784.8M | 150x | as long as short |
| KuCoin ZECUSDTMshort | +0.0100% | 8h | 1,476.6 | −0.034% | $100.9M | $57.6M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,476.8 | −0.018% | $158.9M | $288.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,477.2 | +0.006% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,476.9 | −0.017% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,477.6 | +0.035% | $48.1M | $34.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,477.2 | +0.004% | $565K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,478.3 | +0.084% | $3.0M | $498K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,476.9 | −0.015% | $406K | $935K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,478 | +0.061% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,475.1 | −0.135% | $355K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,476 | −0.073% | $162K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,473.4 | −0.251% | $450K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,477.8 | +0.045% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,475.7 | −0.094% | $251K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,475.3 | −0.122% | $2.6M | $19.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,476.6 | −0.036% | $3.9M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,475.6 | −0.100% | $61K | $43K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,476.3 | −0.051% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,475.3 | −0.124% | $42K | $152K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,475.7 | −0.095% | $924K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,478.9 | +0.120% | $4.7M | $1.4M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0136% | 1h | 1,476.2 | −0.061% | $8K | $7K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0144% / S −0.0152% | 1h | 1,476.2 | −0.064% | $478K | — | 100x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,477.7 | +0.041% | $634K | $8.6M | 10x | as long as short |
| Lighter RH ZEC | +0.0248% | 1h | 1,477.4 | +0.023% | $2.1M | $7.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0252% | 1h | 1,477.8 | +0.047% | $766.8M | $442.3M | 10x | as long as short |
| Lighter ZEC | +0.0304% | 1h | 1,477.6 | +0.035% | $19.4M | $45.8M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,476.9 | −0.011% | $3.6M | $9.9M | 50x | as long as short |
Orderly PERP_ZEC_USDC
Aftermath Perps ZECUSD
Popdex ZECUSDT
Katana Perps ZEC-USD
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
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
Paradex ZEC-USD-PERP
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Phoenix ZEC
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Arcus ZEC-USD
Lighter RH ZEC
Hyperliquid ZEC
Lighter ZEC
Coinbase International ZEC-PERP-INTX