Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against edgeX+0.081%53s7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as 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−$300.301% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.307%−$31 on $10k

Price spread, last 7 days−0.061%−$6 · spread now +0.081%, 7d avg +0.047%

Together, before fees−0.368%+ Points / potential airdropedgeX: Active · farm board−$37 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.034% dearer against edgeX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.047%. The two prices were read 53 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	edgeX ZECUSDC	1,471.1	0.0100	pay 0.0050% / 4h	38m 39s	$512K	$9.2M	20x
Short	KuCoin ZECUSDTM	1,472.3	0.0100	get 0.0100% / 8h	38m 39s	$103.8M	$56.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee KuCoinbpOrdersPrice spread, now +0.081%Rate

Funding earned: $0
Price spread: +0.081% → +0.047%: $3.41
Slippage, 4 orders: −$9.12
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$26.71
Costs to cover: 0.301%
Break-even: never at this rate

Slippage from edgeX: live order book, just now; 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 edgeX live order book, just now	0.37 bp	4.9 bp −$5	9.0 bp −$90	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	0.71 bp	11.7 bp −$12	16.0 bp −$160	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	−0.3089%	1h	1,474.3	+0.219%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0225%	1h	1,472.5	+0.094%	$17.9M	$44.3M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0216%	1h	1,471.3	+0.014%	$399K	$516K	5x	as long as short
BloFin ZEC-USDT	−0.0102%	8h	1,472.2	+0.074%	$29.6M	$75.4M	75x	as long as short
Bybit ZECUSDT	−0.0102%	8h	1,471.3	+0.017%	$275.0M	$656.8M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,471.8	+0.049%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0047%	8h	1,470.3	−0.057%	$46.9M	$33.7M	—	as long as short
ApeX Omni ZECUSDT	−0.0037%	1h	1,471.9	+0.054%	$431K	$831K	50x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,472.6	+0.102%	$415K	$104K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,472.8	+0.117%	$903K	$5.6M	2.2x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl ZEC	0.0000%	43m	1,472.6	+0.101%	$84K	$404K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,473.2	+0.142%	$614K	$1.3M	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,472.7	+0.111%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0011%	8h	1,472.4	+0.090%	$294K	$1.4M	20x	as long as short
Phoenix ZEC	+0.0024%	1h	1,473.5	+0.161%	$4.7M	$1.6M	10x	as long as short
01 Exchange ZECUSD	+0.0032%	1h	1,472.9	+0.119%	$8K	$8K	5x	as long as short
OKX ZEC-USDT-SWAP	+0.0035%	8h	1,472	+0.060%	$180.6M	$1.34B	50x	as long as short
Gate ZEC_USDT	+0.0046%	8h	1,472	+0.064%	$50.8M	$186.1M	75x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,472.6	+0.099%	$372K	—	100x	as long as short
Lighter ZEC	+0.0096%	1h	1,473.8	+0.182%	$19.1M	$52.1M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,472.5	+0.096%	$176K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0097%	8h	1,470.8	−0.018%	$13K	$835K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,472.2	+0.073%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,472.8	+0.118%	$2.6M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,473.4	+0.157%	$763.8M	$473.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,472.2	+0.076%	$15.0M	$32.7M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,472.8	+0.115%	$1.7M	$2.9M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,472.2	+0.073%	$682.6M	$2.46B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,473.6	+0.167%	$719K	$8.3M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,473.1	+0.134%	$909K	$26K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,472.2	+0.073%	$230.4M	$835.3M	150x	as long as short
KuCoin ZECUSDTMshort	+0.0100%	8h	1,472.3	+0.081%	$103.8M	$56.0M	75x
Bitget ZECUSDT	+0.0100%	8h	1,472.2	+0.072%	$163.1M	$302.3M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,471.4	+0.019%	—	$6.7M	—	as long as short
edgeX ZECUSDClong	+0.0100%	4h	1,471.1	long leg	$512K	$9.2M	20x
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,473.3	+0.147%	$3.0M	$454K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,473.4	+0.155%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,472.4	+0.089%	$346K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,472.2	+0.078%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,470.9	−0.015%	$448K	$498K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,474.9	+0.256%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,472.3	+0.081%	$238K	$4.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,471.6	+0.037%	$2.5M	$23.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,472.8	+0.115%	$3.9M	$5.3M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,472.6	+0.103%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,472.3	+0.081%	$37K	$366K	20x	as long as short
RISEx ZEC/USDC	+0.0132%	1h	1,472.6	+0.101%	$826K	$1.2M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0432%	1h	1,474.4	+0.224%	$3.8M	$10.7M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0434%	1h	1,473.2	+0.140%	$2.4M	$3.7M	15x	as long as short
Lighter RH ZEC	+0.0496%	1h	1,474.5	+0.229%	$2.0M	$8.2M	10x	as long as short
Aftermath Perps ZECUSD	+0.0688%	1h	1,473.1	+0.136%	$46K	$47K	10x	as long as short