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 0.000%
Price spread now: SunX against KuCoin−0.027%7-day average +0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1381.385% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.292%+$29 on $10k
Price spread, last 4 days (all we have)+0.517%+$52 · spread now −0.027%, 7d avg +0.112%
Together, before fees+0.809%+$81 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: SunX is 0.139% cheaper against KuCoin than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZECUSDTM1,454.50.0100pay 0.0100% / 8h4h 35m$102.2M$54.6M75x
ShortSunX ZEC-USDT1,454.10.0100get 0.0100% / 8h4h 35m$3K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.027% → +0.112%
−$13.92
Slippage, 4 orders
−$118.5
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$152.41
Costs to cover
1.385%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; SunX: live order book, 8 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 ago0.86 bp9.5 bp −$914.8 bp −$148doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago29.02 bp68.1 bp −$68doesn't fitdoesn't fitdoesn'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−0.3166%1h1,436.3−1.249%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,452.8−0.112%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0068%8h1,453−0.098%$29.3M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,455.9+0.101%$410K$38K5xas long as short
Kalshi KXZECPERP0.0000%8h1,454.8+0.023%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,451.4−0.213%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452−0.168%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0061%8h1,452.1−0.164%$291K$957K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0066% / S −0.0017%1h1,451.8−0.180%$408K100xas long as short
01 Exchange ZECUSD+0.0080%1h1,452−0.168%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,451.9−0.177%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,451.6−0.195%$11K$874K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,455.4+0.066%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,452.4−0.143%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,455.3+0.058%$756.9M$432.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,453.8−0.045%$14.5M$27.6M75xas long as short
Pacifica ZEC+0.0100%1h1,455.8+0.094%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.1+0.110%$668.1M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,455.3+0.058%$262.0M$601.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,455.8+0.091%$177.9M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,452.5−0.135%$395K$440K5xas long as short
Bulk ZEC-USD+0.0100%1h1,450.7−0.259%$875K$29K10xas long as short
Gate ZEC_USDT+0.0100%8h1,454.1−0.025%$50.1M$173.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456+0.107%$216.3M$770.6M150xas long as short
KuCoin ZECUSDTMlong+0.0100%8h1,454.5long leg$102.2M$54.6M75x
Bitget ZECUSDT+0.0100%8h1,456+0.105%$165.4M$271.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,455.7+0.087%$101.1Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,454−0.032%$2.4M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,451.5−0.204%$47.5M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,452.2−0.154%$566K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,452.9−0.107%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,451.6−0.199%$404K$925K50xas long as short
StandX ZEC-USD+0.0100%1h1,452.1−0.162%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451.4−0.210%$365K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,451.7−0.187%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451.1−0.231%$443K$521K6.7xas long as short
SunX ZEC-USDTshort+0.0100%8h1,454.1−0.027%$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,452.3−0.146%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,452.7−0.119%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,452.5−0.133%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,455.4+0.063%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,452−0.170%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,452.5−0.135%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0266%1h1,452.7−0.124%$608K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0278%1h1,452.3−0.148%$18.0M$44.9M25xas long as short
Lighter ZEC+0.0328%1h1,455.7+0.084%$19.1M$45.9M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,455.6+0.079%$921K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,453.9−0.036%$3.8M$9.0M50xas long as short
Lighter RH ZEC+0.0488%1h1,456.1+0.113%$2.0M$6.9M10xas long as short
Arcus ZEC-USD+0.0626%1h1,457.3+0.192%$704K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0673%1h1,452.1−0.165%$44K$49K10xas long as short