Funding you earn now, next payment 08:00 UTC+0.0277%/8h= +30.3% APRnext payment +$2.77 per $10,000 · paid last 24h +0.062%
Price spread now: KuCoin against BloFin−0.041%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now −0.041%, 7d avg −0.011%
=Funding pays, the price is against you. KuCoin is 0.030% cheaper against BloFin than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of −0.011%). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.162% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.162% in total (about 8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.77 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZEC-USDT | 1,508.9 | −0.0177 | get 0.0177% / 8h | 10m 52s | $31.0M | $76.4M | 75x |
| Short | KuCoin ZECUSDTM | 1,508.3 | 0.0100 | get 0.0100% / 8h | 10m 52s | $103.6M | $56.6M | 75x |
BloFin ZEC-USDT
KuCoin ZECUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- $58.14
- Price spread: −0.041% → −0.011%
- −$3
- Slippage, 4 orders
- −$12.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $18.48
- Costs to cover
- 0.367%
- Break-even
- 4.8 days
Slippage from BloFin: live order book, 3 min ago; KuCoin: live order book, 8 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 BloFin live order book, 3 min ago | 0.20 bp | 6.7 bp −$7 | 8.4 bp −$84 | 12.3 bp −$1,228 | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 0.67 bp | 10.9 bp −$11 | 11.7 bp −$117 | 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 | −0.3442% | 1h | 1,490.6 | −1.213% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,507.7 | −0.080% | $62K | $303K | 10x | as long as short |
| BloFin ZEC-USDTlong | −0.0177% | 8h | 1,508.9 | long leg | $31.0M | $76.4M | 75x | |
| Bulk ZEC-USD | −0.0108% | 1h | 1,495.7 | −0.876% | $810K | $100K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0088% | 1h | 1,505.1 | −0.253% | $48K | $58K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,509.7 | +0.049% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,508.6 | −0.022% | $419K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,509.8 | +0.054% | $1.5M | $4.4M | 2.2x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0005% | 1h | 1,509.7 | +0.050% | $689K | $1.4M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,509.2 | +0.017% | $5.4M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Bulk ZEC-USD
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZECUSD | +0.0012% | 1h | 1,509.4 | +0.031% | $18.1M | $47.4M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0065% | 1h | 1,507.4 | −0.101% | $412K | $559K | 5x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,509.4 | +0.034% | $8K | $6K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0083% | 8h | 1,508.8 | −0.010% | $304K | $864K | 20x | as long as short |
| Phoenix ZEC | +0.0096% | 1h | 1,508.1 | −0.054% | $4.8M | $1.4M | 10x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,510 | +0.074% | $2.1M | $7.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,509.4 | +0.031% | $176K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,509 | +0.001% | $14K | $892K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,509.5 | +0.038% | $62K | $19K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,510.1 | +0.076% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,509.1 | +0.010% | $790.5M | $443.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,507.7 | −0.084% | $14.1M | $30.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,509.9 | +0.063% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,508.1 | −0.055% | $705.4M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,507.7 | −0.085% | $272.4M | $619.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,507.9 | −0.071% | $184.2M | $1.36B | 50x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,507.9 | −0.068% | $58.8M | $187.6M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,508.2 | −0.050% | $239.0M | $808.4M | 150x | as long as short |
| KuCoin ZECUSDTMshort | +0.0100% | 8h | 1,508.3 | −0.041% | $103.6M | $56.6M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,508.3 | −0.040% | $163.3M | $290.1M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,508.2 | −0.049% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,508.2 | −0.048% | $49.7M | $34.9M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,504.8 | −0.277% | $576K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,508.8 | −0.007% | $3.1M | $519K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,507.8 | −0.077% | $415K | $947K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,508.7 | −0.016% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,509 | +0.005% | $363K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,509 | +0.004% | $168K | $189K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,508.4 | −0.035% | $460K | $438K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,511.2 | +0.152% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,509 | +0.001% | $255K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,508 | −0.060% | $2.7M | $20.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,509.1 | +0.014% | $4.0M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,508.3 | −0.044% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,509.2 | +0.020% | $43K | $151K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0128% | 1h | 1,509.5 | +0.035% | $950K | $1.1M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0148% / S −0.0146% | 1h | 1,508.7 | −0.015% | $336K | — | 100x | as long as short |
| Lighter ZEC | +0.0184% | 1h | 1,510.1 | +0.080% | $19.9M | $46.5M | 20x | as long as short |
| Arcus ZEC-USD | +0.0403% | 1h | 1,509.7 | +0.053% | $608K | $8.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,510.6 | +0.111% | $3.7M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0490% | 1h | 1,509 | +0.002% | $2.4M | $3.7M | 15x | as long as short |
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
01 Exchange ZECUSD
Orderly PERP_ZEC_USDC
Phoenix ZEC
Lighter RH ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
MEXC ZEC_USDT
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP