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: KuCoin against SunX−0.226%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1341.340% 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 3 days (all we have)+0.229%+$23 · spread now −0.226%, 7d avg −0.112%
Together, before fees−0.063%−$6 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 0.115% cheaper against SunX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,475.90.0100pay 0.0100% / 8h6h 18m$3K$1.2M20x
ShortKuCoin ZECUSDTM1,472.60.0100get 0.0100% / 8h6h 18m$103.5M$56.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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: −0.226% → −0.112%
−$11.47
Slippage, 4 orders
−$114
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$145.47
Costs to cover
1.340%
Break-even
never at this rate
Slippage from SunX: live order book, 5 min ago; KuCoin: live order book, 6 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 SunX live order book, 5 min ago29.02 bp49.7 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago0.14 bp6.3 bp −$611.4 bp −$114doesn't fitdoesn't fit

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%1h1,459.6−1.110%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,474.1−0.125%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0014%1h1,472.5−0.232%$400K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,472.8−0.215%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,474.4−0.106%$415K$53K5xas long as short
Kalshi KXZECPERP0.0000%8h1,474.1−0.123%$975K$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,472.8−0.214%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,473.4−0.171%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0030%8h1,472.5−0.236%$294K$1.0M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,473.3−0.182%$385K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEC+0.0055%8h1,474.3−0.113%$48.1M$32.6Mas long as short
Phoenix ZEC+0.0070%1h1,474.7−0.085%$4.7M$1.5M10xas long as short
01 Exchange ZECUSD+0.0072%1h1,473.5−0.163%$8K$8K5xas long as short
Popdex ZECUSDT+0.0096%1h1,473.3−0.178%$173K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0097%8h1,472−0.267%$181.4M$1.27B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,473.1−0.190%$12K$838K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,473.8−0.142%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.4−0.102%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.2−0.182%$767.5M$443.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,473.1−0.194%$14.8M$30.2M75xas long as short
Pacifica ZEC+0.0100%1h1,474.1−0.125%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.4−0.238%$681.2M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,471.8−0.279%$271.8M$615.7M75xas long as short
Bulk ZEC-USD+0.0100%1h1,476.6+0.044%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,472.2−0.250%$50.2M$176.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.1−0.257%$215.7M$800.9M150xas long as short
KuCoin ZECUSDTMshort+0.0100%8h1,472.6−0.226%$103.5M$56.4M75x
Bitget ZECUSDT+0.0100%8h1,472.2−0.253%$163.5M$282.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,472.5−0.233%$100.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,474.4−0.102%$574K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.6−0.161%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474.8−0.075%$429K$896K50xas long as short
StandX ZEC-USD+0.0100%1h1,473.7−0.152%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,473.2−0.185%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,473.2−0.183%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,471.2−0.320%$458K$511K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,475.9long leg$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,472.5−0.234%$243K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,473.3−0.180%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.1−0.191%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,472.7−0.221%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.6−0.227%$48K$162K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0144%1h1,473.3−0.178%$613K$1.3M25xas long as short
Lighter ZEC+0.0240%1h1,474.3−0.113%$19.3M$48.2M20xas long as short
Arcus ZEC-USD+0.0254%1h1,475−0.060%$688K$8.6M10xas long as short
Lighter RH ZEC+0.0288%1h1,474.4−0.107%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,474−0.128%$866K$1.0M10xas long as short
Backpack ZEC_USDC_PERP+0.0467%1h1,472.4−0.237%$2.5M$3.9M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,476.8+0.061%$3.7M$9.4M50xas long as short
Aftermath Perps ZECUSD+0.0747%1h1,474.3−0.109%$44K$46K10xas long as short