Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: KuCoin against Derive+0.198%7-day average +0.059% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.243%−$24 on $10k
+Price spread, last 4 days (all we have)−0.448%−$45 · spread now +0.198%, 7d avg +0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.139% dearer against Derive than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ZEC-PERP | 1,502.6 | 0.0100 | pay 0.0013% / 1h | 45m 00s | $392K | $494K | 6.7x |
| Short | KuCoin ZECUSDTM | 1,505.6 | 0.0100 | get 0.0100% / 8h | 4h 45m | $106.0M | $50.9M | 75x |
Derive ZEC-PERP
KuCoin ZECUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Derive. 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: +0.198% → +0.059%
- $13.92
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$4.08
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; KuCoin: live order book, 2 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 Derive no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 2 min ago | 1.20 bp | 8.0 bp −$8 | 11.8 bp −$118 | doesn't fit | doesn't fit |
Derive: 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 exchanges
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 | −0.3418% | 1h | 1,485.9 | −1.114% | $36K | $267K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,502 | −0.042% | $63K | $296K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0250% | 1h | 1,499.3 | −0.222% | $47K | $76K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0178% | 8h | 1,503.5 | +0.062% | $32.1M | $72.2M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0146% | 1h | 1,499.8 | −0.187% | $407K | $481K | 5x | as long as short |
| ApeX Omni ZECUSDT | −0.0101% | 1h | 1,494.7 | −0.528% | $408K | $959K | 50x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,499.7 | −0.193% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,497.8 | −0.320% | $412K | $29K | 5x | as long as short |
| 01 Exchange ZECUSD | 0.0000% | 1h | 1,501.7 | −0.059% | $8K | $6K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,501.2 | −0.097% | $1.5M | $4.9M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Ondo Perps ZEC-USD.P
ApeX Omni ZECUSDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
01 Exchange ZECUSD
Kalshi KXZECPERPShow all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,502.9 | +0.022% | $5.3M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0055% | 8h | 1,503 | +0.028% | $303K | $652K | 20x | as long as short |
| Phoenix ZEC | +0.0064% | 1h | 1,498.7 | −0.260% | $4.8M | $1.3M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0083% | 1h | 1,500.7 | −0.128% | $907K | $1.3M | 10x | as long as short |
| Aster ZECUSDT | +0.0086% | 8h | 1,505.1 | +0.165% | $14.4M | $25.3M | 75x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,504.8 | +0.147% | $20.2M | $37.6M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,505.1 | +0.163% | $2.1M | $7.1M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,501.7 | −0.061% | $170K | $1.3M | 50x | as long as short |
| Gate ZEC_USDT | +0.0098% | 8h | 1,503.5 | +0.062% | $65.1M | $163.6M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0099% | 8h | 1,501.2 | −0.092% | $23K | $861K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,498.4 | −0.282% | $62K | $14K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,503.7 | +0.075% | $3.1M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,504.7 | +0.139% | $794.4M | $419.1M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,499.3 | −0.223% | $1.5M | $2.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,505.4 | +0.184% | $703.2M | $2.12B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,505.6 | +0.197% | $275.8M | $577.5M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,505.8 | +0.211% | $185.6M | $1.26B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,501.1 | −0.097% | $600K | $8.4M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,498.8 | −0.254% | $776K | $182K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,505.9 | +0.217% | $180.6M | $800.6M | 150x | as long as short |
| KuCoin ZECUSDTMshort | +0.0100% | 8h | 1,505.6 | +0.198% | $106.0M | $50.9M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,505.6 | +0.199% | $164.6M | $269.8M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,503.8 | +0.076% | — | $118.5M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,504.6 | +0.132% | $2.2M | $3.6M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,497.2 | −0.357% | $49.5M | $32.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,494.4 | −0.547% | $546K | $8.3M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,499 | −0.241% | $3.1M | $649K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,499.7 | −0.193% | $112K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,503.3 | +0.046% | $369K | $1.4M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,502.7 | +0.008% | $169K | $188K | 20x | as long as short |
| Derive ZEC-PERPlong | +0.0100% | 1h | 1,502.6 | long leg | $392K | $494K | 6.7x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,503.8 | +0.078% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,503.4 | +0.051% | $257K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,502.6 | −0.004% | $2.7M | $20.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,504.1 | +0.096% | $4.0M | $4.7M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,505.9 | +0.218% | $2.7M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,502.3 | −0.018% | $37K | $163K | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0177% | 1h | 1,503.9 | +0.086% | $18.6M | $45.2M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0206% / S −0.0227% | 1h | 1,502.8 | +0.009% | $349K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0349% | 1h | 1,504.4 | +0.117% | $695K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0392% | 1h | 1,505.1 | +0.162% | $4.0M | $9.3M | 50x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Phoenix ZEC
RISEx ZEC/USDC
Aster ZECUSDT
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Gate ZEC_USDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Kraken Futures PF_ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX