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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%
Price spread now: KuCoin against SoDEX+0.032%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$300.301% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.537%−$54 · spread now +0.032%, 7d avg −0.012%
Together, before fees−0.536%−$54 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: KuCoin is 0.043% dearer against SoDEX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ZEC-USD1,451.50.0100pay 0.0013% / 1h41m 53s$232K$3.2M10x
ShortKuCoin ZECUSDTM1,4520.0100get 0.0100% / 8h3h 41m$102.3M$53.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SoDEX. 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: +0.032% → −0.012%
$4.35
Slippage, 4 orders
−$10.14
Fee SoDEX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$25.79
Costs to cover
0.301%
Break-even
never at this rate
Slippage from SoDEX: live order book, 2 min ago; KuCoin: live order book, 2 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 SoDEX live order book, 2 min ago0.14 bp5.6 bp −$617.2 bp −$172105.7 bp −$10.6Kdoesn't fit
Sell KuCoin live order book, 2 min ago0.65 bp9.4 bp −$914.9 bp −$149doesn'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−0.3042%1h1,452+0.032%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,454.1+0.176%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,454.6+0.209%$29.4M$70.5M75xas long as short
dYdX ZEC-USD0.0000%1h1,453.1+0.105%$409K$36K5xas long as short
Kalshi KXZECPERP0.0000%8h1,453+0.103%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,451.1−0.028%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,451.4−0.008%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,451.3−0.018%$290K$943K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0080% / S −0.0030%1h1,451.3−0.018%$432K100xas long as short
Popdex ZECUSDT+0.0096%1h1,452+0.034%$173K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,452.2+0.046%$15K$832K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,452.4+0.062%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,452.5+0.065%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,451.5−0.006%$14.6M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,452.8+0.087%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,451.6+0.004%$666.8M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,450.9−0.043%$260.8M$599.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,451.7+0.013%$178.2M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,450.5−0.072%$394K$432K5xas long as short
Bulk ZEC-USD+0.0100%1h1,452.9+0.094%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,451.4−0.010%$50.7M$170.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,451.6+0.004%$216.9M$767.1M150xas long as short
KuCoin ZECUSDTMshort+0.0100%8h1,452+0.032%$102.3M$53.5M75x
Bitget ZECUSDT+0.0100%8h1,451.7+0.014%$165.0M$270.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,451.7+0.009%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,450.4−0.076%$47.6M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,451.6+0.006%$565K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,453.1+0.106%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,451.7+0.013%$401K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,453.7+0.149%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451.8+0.018%$352K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,451.4−0.010%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,450.2−0.094%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,454.6+0.212%$3K$1.1M20xas long as short
SoDEX ZEC-USDlong+0.0100%1h1,451.5long leg$232K$3.2M10x
HTX ZEC-USDT+0.0100%8h1,451−0.037%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,452+0.032%$3.8M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,451.4−0.007%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,451.3−0.019%$47K$151K20xas long as short
Lighter RH ZEC+0.0112%1h1,453+0.099%$2.1M$7.0M10xas long as short
Hyperliquid ZEC+0.0113%1h1,452.9+0.096%$755.8M$428.7M10xas long as short
Phoenix ZEC+0.0116%1h1,452.9+0.092%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,452.4+0.059%$8K$7K5xas long as short
Backpack ZEC_USDC_PERP+0.0129%1h1,451.9+0.022%$2.4M$3.9M15xas long as short
Lighter ZEC+0.0192%1h1,453.1+0.104%$19.1M$44.8M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0194%1h1,451.9+0.025%$613K$1.3M25xas long as short
RISEx ZEC/USDC+0.0216%1h1,452.3+0.051%$918K$1.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0334%1h1,451.3−0.015%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,454.2+0.182%$691K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,452.1+0.038%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0669%1h1,453.3+0.122%$44K$49K10xas long as short