Funding you earn now, next payment 12:00 UTC−0.0077%/8h= −8.5% APRpaid last 24h +0.056%
Price spread now: KuCoin against Kraken Futures−0.035%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)−0.494%−$49 · spread now −0.035%, 7d avg −0.041%
=The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.133%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZECUSD | 1,505.4 | 0.0177 | pay 0.0022% / 1h | 58m 00s | $18.6M | $45.3M | 25x |
| Short | KuCoin ZECUSDTM | 1,504.8 | 0.0100 | get 0.0100% / 8h | 4h 58m | $105.9M | $50.9M | 75x |
Kraken Futures PF_ZECUSD
KuCoin ZECUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Kraken Futures. 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
- −$16.24
- Price spread: −0.035% → −0.041%
- $0.63
- Slippage, 4 orders
- −$18.99
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$56.59
- Costs to cover
- 0.410%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; KuCoin: live order book, 4 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 Kraken Futures live order book, 4 min ago | 1.43 bp | 10.9 bp −$11 | 13.1 bp −$131 | 24.4 bp −$2,443 | 125.3 bp −$62.7K |
| Sell KuCoin live order book, 4 min ago | 1.13 bp | 9.3 bp −$9 | 12.1 bp −$121 | doesn't fit | doesn't fit |
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 | 1,490.9 | −0.958% | $36K | $267K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0507% | 1h | 1,502.6 | −0.184% | $408K | $481K | 5x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,501.8 | −0.239% | $63K | $296K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0293% | 1h | 1,503.7 | −0.108% | $49K | $74K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0200% | 8h | 1,502.5 | −0.188% | $31.9M | $72.1M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,503.1 | −0.149% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,503.2 | −0.142% | $414K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,504.2 | −0.075% | $1.5M | $4.9M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,504.8 | −0.038% | $5.3M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0016% | 1h | 1,503.5 | −0.124% | $8K | $6K | 5x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
Perpl ZEC
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSDShow all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ZECUSDT | +0.0031% | 1h | 1,503.2 | −0.142% | $412K | $952K | 50x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0059% | 8h | 1,504.7 | −0.047% | $304K | $652K | 20x | as long as short |
| Phoenix ZEC | +0.0060% | 1h | 1,504.3 | −0.073% | $4.8M | $1.2M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0083% | 1h | 1,502.8 | −0.172% | $909K | $1.3M | 10x | as long as short |
| Aster ZECUSDT | +0.0087% | 8h | 1,504.9 | −0.034% | $14.4M | $25.6M | 75x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,505.9 | +0.035% | $19.9M | $36.6M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,506.5 | +0.076% | $2.1M | $6.9M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,503.4 | −0.131% | $169K | $1.3M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0099% | 8h | 1,502.8 | −0.168% | $27K | $859K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,501.8 | −0.235% | $62K | $14K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,502.6 | −0.186% | $3.1M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,506 | +0.042% | $794.8M | $421.6M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,502.2 | −0.212% | $1.5M | $2.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,505.3 | −0.004% | $705.0M | $2.12B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,504.4 | −0.063% | $275.4M | $576.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,504.7 | −0.045% | $187.0M | $1.25B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,503.2 | −0.142% | $596K | $8.3M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,502.7 | −0.174% | $778K | $182K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,504.9 | −0.029% | $64.7M | $162.6M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,505.4 | +0.001% | $180.9M | $794.8M | 150x | as long as short |
| KuCoin ZECUSDTMshort | +0.0100% | 8h | 1,504.8 | −0.035% | $105.9M | $50.9M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,505.2 | −0.009% | $164.4M | $269.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,504 | −0.094% | — | $6.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,505.7 | +0.022% | $2.2M | $3.6M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,503.2 | −0.147% | $49.7M | $33.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,503 | −0.156% | $549K | $8.3M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,505.2 | −0.011% | $3.1M | $635K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,504 | −0.088% | $112K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,502.9 | −0.164% | $367K | $1.4M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,504.3 | −0.072% | $169K | $188K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,504.2 | −0.078% | $393K | $492K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,505.7 | +0.022% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,504.9 | −0.029% | $258K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,503.7 | −0.109% | $2.7M | $20.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,505.6 | +0.012% | $4.0M | $4.7M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,504.9 | −0.031% | $2.7M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,504.6 | −0.049% | $37K | $163K | 20x | as long as short |
| Kraken Futures PF_ZECUSDlong | +0.0177% | 1h | 1,505.4 | long leg | $18.6M | $45.3M | 25x | |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0202% / S −0.0222% | 1h | 1,504.3 | −0.070% | $349K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0262% | 1h | 1,505.9 | +0.037% | $695K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0392% | 1h | 1,507 | +0.111% | $3.9M | $9.2M | 50x | as long as short |
ApeX Omni ZECUSDT
Orderly PERP_ZEC_USDC
Phoenix ZEC
RISEx ZEC/USDC
Aster ZECUSDT
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
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
Gate ZEC_USDT
MEXC ZEC_USDT
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
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
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX