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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:38 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Perpl against KuCoin−0.006%7-day average −0.026% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.075%+$8 on $10k
Price spread, last 4 days (all we have)+1.749%+$175 · spread now −0.006%, 7d avg −0.026%
Together, before fees+1.824%+ Points / potential airdropPerpl: Active · farm board+$182 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.075%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZECUSDTM1,471.40.0100pay 0.0100% / 8h6h 17m$103.4M$56.4M75x
ShortPerpl ZEC1,471.30get 0.0000% / 43m22m 10s$84K$254K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$21
Price spread: −0.006% → −0.026%
$1.97
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$44.83
Costs to cover
0.258%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 2 min ago; Perpl: no order-book sample. Net counts fees only.

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, 2 min ago1.29 bp9.7 bp −$1015.9 bp −$159doesn't fitdoesn't fit
Sell Perpl no order-book sample
Perpl: 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 50 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−0.3678%1h1,459.6−0.803%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,471.7+0.022%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0014%1h1,472.5+0.077%$400K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,471.9+0.039%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,471.9+0.034%$414K$53K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.1−0.015%$973K$4.9M2.2xas long as short
Perpl ZECshort0.0000%43m1,471.3−0.006%$84K$254K10x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.4+0.002%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0030%8h1,471.3−0.007%$294K$1.0M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,471.40.000%$384K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEC+0.0055%8h1,474.3+0.197%$48.1M$32.6Mas long as short
01 Exchange ZECUSD+0.0064%1h1,471.2−0.012%$8K$8K5xas long as short
Phoenix ZEC+0.0070%1h1,474.7+0.226%$4.7M$1.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,470.8−0.041%$173K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0097%8h1,471.2−0.009%$181.3M$1.27B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,470.6−0.052%$11K$841K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.8+0.032%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,471.2−0.012%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.9+0.105%$767.3M$443.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.5+0.012%$14.8M$30.1M75xas long as short
Pacifica ZEC+0.0100%1h1,471.8+0.032%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.8+0.027%$680.8M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,471.4+0.001%$271.8M$615.4M75xas long as short
Bulk ZEC-USD+0.0100%1h1,476.6+0.355%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,471.4+0.001%$50.2M$176.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.6+0.013%$215.5M$801.0M150xas long as short
KuCoin ZECUSDTMlong+0.0100%8h1,471.4long leg$103.4M$56.4M75x
Bitget ZECUSDT+0.0100%8h1,471.9+0.036%$163.5M$282.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,471−0.022%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,473.6+0.153%$574K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.3+0.197%$3.0M$453K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474.1+0.186%$429K$895K50xas long as short
StandX ZEC-USD+0.0100%1h1,473.7+0.158%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471.5+0.010%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.3−0.001%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470−0.093%$457K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.1+0.116%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.5+0.012%$243K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.6+0.014%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.1+0.050%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,471.6+0.017%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.2−0.014%$48K$162K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0139%1h1,472.1+0.051%$612K$1.3M25xas long as short
Lighter ZEC+0.0248%1h1,473.2+0.122%$19.3M$48.2M20xas long as short
Arcus ZEC-USD+0.0254%1h1,472.8+0.096%$692K$8.6M10xas long as short
Lighter RH ZEC+0.0288%1h1,473.6+0.150%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,471.5+0.008%$865K$1.0M10xas long as short
Backpack ZEC_USDC_PERP+0.0460%1h1,471.8+0.033%$2.5M$3.9M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,476.8+0.372%$3.7M$9.4M50xas long as short
Aftermath Perps ZECUSD+0.0747%1h1,473.7+0.161%$44K$46K10xas long as short