Funding you earn now, next payment 07:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h +0.020%
Price spread now: KuCoin against Bulk−0.098%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$280.281% of the position
Funding, last 4 days (all we have)+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.098%, 7d avg +0.021%
=Funding pays, the price is against you. KuCoin is 0.119% cheaper against Bulk than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of +0.021%). If the spread goes back, that is −$12 on $10k: about 27 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk ZEC-USD | 1,492.9 | 0.0085 | pay 0.0011% / 1h | 0m 05s | $902K | $7K | 10x |
| Short | KuCoin ZECUSDTM | 1,491.5 | 0.0100 | get 0.0100% / 8h | 1h 00m | $102.7M | $57.3M | 75x |
Bulk ZEC-USD
KuCoin ZECUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bulk. 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
- $3.08
- Price spread: −0.098% → +0.021%
- −$11.94
- Slippage, 4 orders
- −$9.06
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$36.92
- Costs to cover
- 0.281%
- Break-even
- 91.0 days
Slippage from Bulk: live order book, 44 min ago; KuCoin: live order book, 9 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 Bulk live order book, 44 min ago | 0.03 bp | 3.5 bp −$4 | 3.9 bp −$39 | 4.5 bp −$450 | 7.4 bp −$3,696 |
| Sell KuCoin live order book, 9 min ago | 1.07 bp | 10.2 bp −$10 | 11.3 bp −$113 | 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 | 1,481 | −0.800% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,490.5 | −0.160% | $61K | $304K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0144% | 8h | 1,491.1 | −0.122% | $30.8M | $75.0M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0096% | 1h | 1,491.8 | −0.076% | $18.1M | $46.6M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,493.1 | +0.009% | $6K | $1K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0020% | 1h | 1,493.6 | +0.045% | $48K | $64K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,490.1 | −0.191% | $414K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,491.3 | −0.108% | $1.5M | $4.7M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,490.8 | −0.139% | $5.3M | — | 150x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0070% | 1h | 1,492.3 | −0.043% | $681K | $1.4M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
Aftermath Perps ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Deribit ZEC_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0081% | 8h | 1,491.2 | −0.118% | $300K | $1.1M | 20x | as long as short |
| Bulk ZEC-USDlong | +0.0085% | 1h | 1,492.9 | long leg | $902K | $7K | 10x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,490.9 | −0.134% | $170K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,490.9 | −0.139% | $12K | $876K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,491.7 | −0.080% | $61K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,491.9 | −0.067% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,492.2 | −0.048% | $779.1M | $447.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,490.8 | −0.144% | $13.9M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,491.1 | −0.119% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,491.5 | −0.093% | $695.2M | $2.32B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,491.3 | −0.112% | $267.2M | $630.4M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,491.6 | −0.086% | $181.4M | $1.34B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,494.1 | +0.079% | $407K | $554K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,491.4 | −0.101% | $55.1M | $187.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,491.5 | −0.092% | $242.2M | $801.4M | 150x | as long as short |
| KuCoin ZECUSDTMshort | +0.0100% | 8h | 1,491.5 | −0.098% | $102.7M | $57.3M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,491.6 | −0.086% | $160.4M | $289.6M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,491.4 | −0.099% | — | $118.0M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,489.9 | −0.202% | $48.8M | $34.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,494.8 | +0.124% | $572K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,493.7 | +0.053% | $3.1M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,495.6 | +0.178% | $412K | $943K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,493.5 | +0.038% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,490.7 | −0.149% | $357K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,491 | −0.130% | $164K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,493.1 | +0.010% | $456K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,493.5 | +0.036% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,491.2 | −0.113% | $254K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,492 | −0.059% | $2.7M | $20.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,491.6 | −0.088% | $4.0M | $5.0M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,491.2 | −0.114% | $2.7M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,491.3 | −0.110% | $43K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,491.6 | −0.089% | $8K | $7K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,491.5 | −0.097% | $939K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,496.6 | +0.246% | $4.8M | $1.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0138% / S −0.0135% | 1h | 1,490.9 | −0.138% | $392K | — | 100x | as long as short |
| Lighter RH ZEC | +0.0176% | 1h | 1,492.8 | −0.007% | $2.1M | $7.5M | 10x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,492.4 | −0.038% | $621K | $8.8M | 10x | as long as short |
| Lighter ZEC | +0.0248% | 1h | 1,492.9 | 0.000% | $19.6M | $47.1M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0264% | 1h | 1,492.3 | −0.041% | $2.3M | $3.9M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,493 | +0.005% | $3.7M | $10.1M | 50x | as long as short |
Orderly PERP_ZEC_USDC
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
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
Bitget ZECUSDT
BingX ZEC-USDT
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
01 Exchange ZECUSD
RISEx ZEC/USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Lighter RH ZEC
Arcus ZEC-USD
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX