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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: KuCoin against Bullet−0.045%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$350.346% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.014%−$1 on $10k
Price spread, last 4 days (all we have)−0.561%−$56 · spread now −0.045%, 7d avg −0.020%
Together, before fees−0.575%−$57 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 0.025% cheaper against Bullet than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet ZEC-USD1,461.60.0100pay 0.0013% / 1h13m 47s$161K$185K20x
ShortKuCoin ZECUSDTM1,460.90.0100get 0.0100% / 8h4h 13m$103.1M$53.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bullet. 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: −0.045% → −0.020%
−$2.51
Slippage, 4 orders
−$14.58
Fee Bullet: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$37.09
Costs to cover
0.346%
Break-even
never at this rate
Slippage from Bullet: live order book, 45 min ago; KuCoin: live order book, 5 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 Bullet live order book, 45 min ago1.72 bp6.7 bp −$711.5 bp −$115doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago0.99 bp11.3 bp −$1112.4 bp −$124doesn'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−0.3166%1h1,445.2−1.118%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,460.7−0.062%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0069%8h1,460.4−0.080%$29.5M$71.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,459.7−0.125%$411K$38K5xas long as short
Perpl ZEC0.0000%43m1,461.5−0.002%$84K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,462+0.027%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,462+0.027%$292K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0070% / S −0.0020%1h1,461.8+0.014%$410K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,462.1+0.037%$8K$7K5xas long as short
Popdex ZECUSDT+0.0096%1h1,462.2+0.040%$174K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,462+0.032%$11K$857K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,461.3−0.018%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.6+0.071%$2.8M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462+0.029%$760.3M$432.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,461.6+0.003%$14.8M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,461.4−0.015%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,460.7−0.058%$671.4M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,459.9−0.116%$262.1M$602.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,460.6−0.066%$178.4M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458.4−0.217%$396K$442K5xas long as short
Gate ZEC_USDT+0.0100%8h1,460.6−0.067%$50.7M$175.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,460.8−0.052%$216.4M$774.3M150xas long as short
KuCoin ZECUSDTMshort+0.0100%8h1,460.9−0.045%$103.1M$53.9M75x
Bitget ZECUSDT+0.0100%8h1,460.8−0.052%$166.1M$271.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,460.9−0.044%$105.8Mas long as short
Variational Omni ZEC+0.0100%8h1,459.3−0.156%$47.9M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,459.6−0.132%$568K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,460.7−0.063%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,460.8−0.055%$405K$940K50xas long as short
StandX ZEC-USD+0.0100%1h1,460.6−0.067%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,462+0.029%$355K$1.8M10xas long as short
Bullet ZEC-USDlong+0.0100%1h1,461.6long leg$161K$185K20x
Derive ZEC-PERP+0.0100%1h1,461.1−0.035%$446K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,463.2+0.111%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,461.9+0.024%$234K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,461−0.040%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,461.5−0.004%$3.8M$5.1M50xas long as short
Bulk ZEC-USD+0.0100%1h1,460.6−0.065%$882K$18K10xas long as short
Kalshi KXZECPERP+0.0100%8h1,461.8+0.016%$1.5M$4.5M2.2xas long as short
Extended ZEC-USD+0.0104%1h1,460.7−0.061%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,461.8+0.018%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,460.1−0.101%$4.6M$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0142%1h1,462.5+0.064%$2.4M$3.8M15xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0187%1h1,462.8+0.082%$617K$1.3M25xas long as short
Lighter ZEC+0.0248%1h1,462+0.026%$19.2M$46.0M20xas long as short
Kraken Futures PF_ZECUSD+0.0276%1h1,461.7+0.009%$18.1M$45.0M25xas long as short
Lighter RH ZEC+0.0360%1h1,463.2+0.109%$2.1M$7.0M10xas long as short
RISEx ZEC/USDC+0.0412%1h1,461.9+0.019%$925K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,464.1+0.171%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0626%1h1,462.4+0.055%$682K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0680%1h1,461.3−0.016%$45K$49K10xas long as short