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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0089%/8h= +9.8% APRnext payment +$0.89 per $10,000 · paid last 24h +0.025%
Price spread now: KuCoin against Orderly−0.003%7-day average −0.023% · 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+0.093%+$9 on $10k
Price spread, last 3 days (all we have)−0.333%−$33 · spread now −0.003%, 7d avg −0.023%
Together, before fees−0.240%−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ZEC_USDC1,472.40.0011pay 0.0011% / 8h38m 03s$294K$1.4M20x
ShortKuCoin ZECUSDTM1,472.30.0100get 0.0100% / 8h38m 03s$103.8M$56.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Orderly. 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
$18.76
Price spread: −0.003% → −0.023%
$1.94
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$2.7
Costs to cover
0.180%
Break-even
6.0 days
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 6 min ago. 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 Orderly no order-book sample
Sell KuCoin live order book, 6 min ago0.71 bp11.7 bp −$1216.0 bp −$160doesn't fitdoesn't fit
Orderly: 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 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−0.3089%1h1,474.3+0.131%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,472−0.029%$17.9M$44.3M25xas long as short
Ondo Perps ZEC-USD.P−0.0216%1h1,471.3−0.074%$399K$516K5xas long as short
BloFin ZEC-USDT−0.0102%8h1,472.2−0.014%$29.6M$75.4M75xas long as short
Bybit ZECUSDT−0.0102%8h1,471.4−0.067%$275.0M$656.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.1−0.017%$6K$2K10xas long as short
Variational Omni ZEC−0.0047%8h1,470.3−0.145%$46.9M$33.7Mas long as short
ApeX Omni ZECUSDT−0.0037%1h1,471.9−0.034%$431K$831K50xas long as short
dYdX ZEC-USD0.0000%1h1,472.6+0.014%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,472.7+0.019%$903K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,472.2−0.016%$84K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.5+0.005%$5.2M150xas long as short
Orderly PERP_ZEC_USDClong+0.0011%8h1,472.4long leg$294K$1.4M20x
Phoenix ZEC+0.0024%1h1,473.5+0.073%$4.7M$1.6M10xas long as short
01 Exchange ZECUSD+0.0032%1h1,471.8−0.038%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0037%8h1,471.6−0.053%$180.6M$1.34B50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0039%1h1,473.2+0.053%$614K$1.3M25xas long as short
Gate ZEC_USDT+0.0046%8h1,472−0.030%$50.8M$186.1M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0010%1h1,472.2−0.013%$372K100xas long as short
Lighter ZEC+0.0096%1h1,473.5+0.075%$19.1M$52.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,471.5−0.058%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,471.2−0.082%$13K$834K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.2−0.015%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472.8+0.025%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.2+0.055%$763.6M$473.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.9−0.032%$15.0M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,472.8+0.027%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.3−0.007%$683.5M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,473.6+0.079%$719K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,473.1+0.046%$909K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.6−0.054%$230.6M$835.4M150xas long as short
KuCoin ZECUSDTMshort+0.0100%8h1,472.3−0.003%$103.8M$56.0M75x
Bitget ZECUSDT+0.0100%8h1,471.8−0.040%$163.0M$302.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,472−0.030%$102.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.1−0.088%$512K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.3+0.059%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,473.4+0.067%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471.4−0.067%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.6−0.052%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.8−0.106%$448K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.9+0.104%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.9−0.036%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.8−0.043%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.5+0.005%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,472.2−0.016%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.2−0.014%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,472.6+0.013%$826K$1.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,474.5+0.140%$3.8M$10.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0433%1h1,473+0.041%$2.4M$3.7M15xas long as short
Lighter RH ZEC+0.0496%1h1,474.2+0.125%$2.0M$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0683%1h1,473.2+0.057%$46K$47K10xas long as short