Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
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 −0.036%
Price spread now: Bybit against KuCoin−0.054%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$350.349% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.169%+$17 on $10k
Price spread, last 7 days+0.053%+$5 · spread now −0.054%, 7d avg +0.007%
Together, before fees+0.222%+$22 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: Bybit is 0.061% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZECUSDTM1,451.30.0100pay 0.0100% / 8h3h 46m$102.3M$53.4M75x
ShortBybit ZECUSDT1,450.50.0100get 0.0100% / 8h3h 46m$260.7M$600.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: −0.054% → +0.007%
−$6.11
Slippage, 4 orders
−$11.94
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$41.05
Costs to cover
0.349%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago0.55 bp10.9 bp −$1117.8 bp −$178doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.03 bp7.7 bp −$89.2 bp −$9217.6 bp −$1,759doesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3042%1h1,454+0.189%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,451.5+0.014%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,451.5+0.012%$29.4M$70.3M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.8+0.038%$409K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,453.1+0.123%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,452.3+0.069%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,451.9+0.043%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,451.5+0.014%$290K$943K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0079% / S −0.0028%1h1,451.6+0.020%$432K100xas long as short
Lighter RH ZEC+0.0096%1h1,452.6+0.091%$2.1M$7.0M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,451.1−0.010%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,451.1−0.012%$13K$851K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,451.1−0.013%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,451.7+0.031%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,451.2−0.007%$14.7M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,451.6+0.020%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,451−0.017%$666.3M$2.20B75xas long as short
Bybit ZECUSDTshort+0.0100%8h1,450.5−0.054%$260.7M$600.2M75x
OKX ZEC-USDT-SWAP+0.0100%8h1,451.2−0.003%$177.3M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,452.7+0.097%$394K$439K5xas long as short
Bulk ZEC-USD+0.0100%1h1,454+0.187%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,451−0.018%$50.5M$170.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,451.2−0.007%$216.0M$766.1M150xas long as short
KuCoin ZECUSDTMlong+0.0100%8h1,451.3long leg$102.3M$53.4M75x
Bitget ZECUSDT+0.0100%8h1,451.5+0.012%$165.0M$270.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,450.6−0.050%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,453+0.120%$47.6M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,452.9+0.113%$565K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,454+0.186%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,453.1+0.127%$403K$941K50xas long as short
StandX ZEC-USD+0.0100%1h1,452.1+0.057%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451.4+0.008%$352K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,451.6+0.024%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,450.5−0.058%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,453.9+0.180%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,451.6+0.022%$232K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,451−0.020%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,452.5+0.080%$3.8M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,451.2−0.007%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,451.4+0.008%$47K$151K20xas long as short
Hyperliquid ZEC+0.0110%1h1,452.6+0.090%$755.6M$428.6M10xas long as short
Phoenix ZEC+0.0116%1h1,454.5+0.223%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,451.3+0.002%$8K$7K5xas long as short
Backpack ZEC_USDC_PERP+0.0133%1h1,452.1+0.059%$2.4M$3.9M15xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0155%1h1,452.2+0.065%$613K$1.3M25xas long as short
Lighter ZEC+0.0168%1h1,452.5+0.083%$19.1M$44.7M20xas long as short
RISEx ZEC/USDC+0.0216%1h1,451.4+0.009%$918K$1.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0334%1h1,451.7+0.025%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,453.9+0.179%$690K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,453.4+0.145%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0676%1h1,454.2+0.200%$44K$49K10xas long as short