Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: Binance against KuCoin−0.069%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$330.333% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 7 days+0.077%+$8 · spread now −0.069%, 7d avg +0.010%

Together, before fees+0.087%+$9 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: Binance is 0.079% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZECUSDTM	1,474.8	0.0100	pay 0.0100% / 8h	7h 48m	$105.2M	$56.1M	75x
Short	Binance ZECUSDT	1,473.7	0.0100	get 0.0100% / 8h	7h 48m	$684.4M	$2.43B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → +0.010%: −$7.9
Slippage, 4 orders: −$11.29
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$41.19
Costs to cover: 0.333%
Break-even: never at this rate

Slippage from KuCoin: live order book, 10 min ago; Binance: live order book, 10 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 KuCoin live order book, 10 min ago	1.63 bp	10.7 bp −$11	17.0 bp −$170	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	0.03 bp	5.0 bp −$5	7.1 bp −$71	17.3 bp −$1,734	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	−0.3321%	1h	1,475.3	+0.033%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0342%	1h	1,474.9	+0.010%	$18.0M	$43.5M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0180%	1h	1,473.4	−0.092%	$400K	$517K	5x	as long as short
BloFin ZEC-USDT	−0.0103%	8h	1,474.7	−0.007%	$29.5M	$74.4M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,474.4	−0.022%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0061%	8h	1,473.2	−0.106%	$47.9M	$34.4M	—	as long as short
Bybit ZECUSDT	−0.0016%	8h	1,473	−0.119%	$275.1M	$645.6M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,474.3	−0.030%	$415K	$104K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,475.1	+0.020%	$960K	$5.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,473.8	−0.066%	$84K	$405K	10x	as long as short

Show all 51 venues

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	1,474.5	−0.018%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0015%	8h	1,474.6	−0.014%	$294K	$1.4M	20x	as long as short
OKX ZEC-USDT-SWAP	+0.0040%	8h	1,473	−0.119%	$182.0M	$1.33B	50x	as long as short
01 Exchange ZECUSD	+0.0048%	1h	1,475.1	+0.026%	$8K	$8K	5x	as long as short
Phoenix ZEC	+0.0054%	1h	1,474.9	+0.008%	$4.7M	$1.6M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,474.5	−0.019%	$379K	—	100x	as long as short
Lighter ZEC	+0.0096%	1h	1,475.3	+0.034%	$19.2M	$50.2M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,474.5	−0.017%	$175K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,474.2	−0.038%	$13K	$850K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,473.2	−0.107%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,474.5	−0.018%	$2.6M	$6.7M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,476.1	+0.091%	$765.5M	$459.4M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,474.5	−0.016%	$15.0M	$32.2M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,474.2	−0.041%	$1.7M	$2.9M	10x	as long as short
Binance ZECUSDTshort	+0.0100%	8h	1,473.7	−0.069%	$684.4M	$2.43B	75x
Arcus ZEC-USD	+0.0100%	1h	1,474.8	+0.004%	$691K	$8.5M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,470.8	−0.272%	$895K	$33K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,474.8	+0.005%	$51.5M	$178.2M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,473.8	−0.064%	$231.9M	$822.0M	150x	as long as short
KuCoin ZECUSDTMlong	+0.0100%	8h	1,474.8	long leg	$105.2M	$56.1M	75x
Bitget ZECUSDT	+0.0100%	8h	1,473.2	−0.108%	$163.7M	$298.1M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,472.8	−0.136%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,475.8	+0.072%	$575K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,477.2	+0.167%	$3.0M	$454K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,474.3	−0.032%	$431K	$858K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,475.6	+0.058%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,474	−0.052%	$334K	$1.9M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,474.2	−0.036%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,472.8	−0.133%	$459K	$509K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,476.4	+0.113%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,474.9	+0.007%	$243K	$4.3M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,474.6	−0.012%	$2.5M	$22.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,475.7	+0.064%	$3.9M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,473.5	−0.083%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,471.2	−0.242%	$82K	$190K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0186%	1h	1,475.6	+0.056%	$615K	$1.3M	25x	as long as short
RISEx ZEC/USDC	+0.0228%	1h	1,475.2	+0.027%	$843K	$1.2M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,477	+0.148%	$3.8M	$10.5M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0625%	1h	1,476.1	+0.091%	$2.5M	$3.8M	15x	as long as short
Lighter RH ZEC	+0.0712%	1h	1,476.2	+0.098%	$2.0M	$8.0M	10x	as long as short
Aftermath Perps ZECUSD	+0.0785%	1h	1,475.4	+0.047%	$44K	$48K	10x	as long as short