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: KuCoin against Phemex−0.034%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$580.580% of the position
Funding, last 7 days−0.105%−$10 on $10k
+Price spread, last 4 days (all we have)−0.330%−$33 · spread now −0.034%, 7d avg −0.033%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ZECUSDT | 1,485.4 | 0.0100 | pay 0.0100% / 8h | 1h 52m | $4.0M | $5.0M | 50x |
| Short | KuCoin ZECUSDTM | 1,484.9 | 0.0100 | get 0.0100% / 8h | 1h 52m | $102.0M | $56.4M | 75x |
Phemex ZECUSDT
KuCoin ZECUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.034% → −0.033%
- −$0.18
- Slippage, 4 orders
- −$34.03
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$58.21
- Costs to cover
- 0.580%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; KuCoin: live order book, 7 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 Phemex live order book, 2 min ago | 2.72 bp | 17.9 bp −$18 | 35.1 bp −$351 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 1.41 bp | 10.2 bp −$10 | 12.4 bp −$124 | doesn't fit | 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 | −0.3684% | 1h | 1,491.6 | +0.417% | $34K | $273K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0123% | 8h | 1,485.7 | +0.022% | $30.6M | $73.7M | 75x | as long as short |
| ApeX Omni ZECUSDT | −0.0117% | 1h | 1,492.3 | +0.463% | $413K | $931K | 50x | as long as short |
| Bulk ZEC-USD | −0.0097% | 1h | 1,490.7 | +0.354% | $901K | $15K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,485.1 | −0.021% | $18.0M | $46.4M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,490.4 | +0.334% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,486.2 | +0.056% | $413K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,486.4 | +0.070% | $1.6M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,484.4 | −0.067% | $61K | $293K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,485.7 | +0.022% | $5.3M | — | 150x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
ApeX Omni ZECUSDT
Bulk ZEC-USD
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0072% | 8h | 1,485.1 | −0.020% | $298K | $1.1M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,486.1 | +0.048% | $157K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,485.5 | +0.010% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,484.6 | −0.054% | $14.1M | $29.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,486.7 | +0.090% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,484.6 | −0.054% | $691.4M | $2.29B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,484.4 | −0.065% | $269.7M | $626.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,484.8 | −0.042% | $180.5M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,487 | +0.108% | $405K | $507K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,484.6 | −0.051% | $54.4M | $179.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,484.8 | −0.042% | $230.1M | $773.1M | 150x | as long as short |
| KuCoin ZECUSDTMshort | +0.0100% | 8h | 1,484.9 | −0.034% | $102.0M | $56.4M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,484.6 | −0.051% | $160.2M | $287.1M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,484.8 | −0.042% | — | $115.4M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,485.5 | +0.008% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,493.6 | +0.553% | $48.8M | $33.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,493.8 | +0.567% | $571K | $8.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,491.2 | +0.389% | $3.1M | $477K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,490.7 | +0.360% | $57K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,485.2 | −0.013% | $359K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,485.3 | −0.006% | $164K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,484.6 | −0.055% | $453K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,487.7 | +0.155% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,485.2 | −0.014% | $253K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,484.4 | −0.065% | $2.6M | $19.6M | 75x | as long as short |
| Phemex ZECUSDTlong | +0.0100% | 8h | 1,485.4 | long leg | $4.0M | $5.0M | 50x | |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,486.8 | +0.093% | $61K | $43K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,486.3 | +0.062% | $11K | $862K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,485.4 | +0.003% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,485.2 | −0.013% | $45K | $149K | 20x | as long as short |
| Hyperliquid ZEC | +0.0105% | 1h | 1,485.6 | +0.014% | $773.1M | $437.9M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0120% / S −0.0104% | 1h | 1,485.5 | +0.010% | $430K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,486.7 | +0.085% | $8K | $7K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,486.2 | +0.056% | $930K | $1.2M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,490.8 | +0.366% | $4.7M | $1.4M | 10x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,490.3 | +0.329% | $608K | $8.6M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0251% | 1h | 1,490.8 | +0.364% | $48K | $63K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0267% | 1h | 1,486.3 | +0.058% | $707K | $1.4M | 25x | as long as short |
| Lighter ZEC | +0.0280% | 1h | 1,486.3 | +0.058% | $19.4M | $45.4M | 20x | as long as short |
| Lighter RH ZEC | +0.0328% | 1h | 1,486.2 | +0.054% | $2.1M | $7.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,488 | +0.175% | $3.6M | $9.9M | 50x | as long as short |
Orderly PERP_ZEC_USDC
Popdex ZECUSDT
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
Hyperliquid ZEC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
RISEx ZEC/USDC
Phoenix ZEC
Arcus ZEC-USD
Aftermath Perps ZECUSD
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX