Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Derive+0.162%7-day average +0.061% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.249%−$25 on $10k
+Price spread, last 4 days (all we have)−0.340%−$34 · spread now +0.162%, 7d avg +0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.101% dearer against Derive than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ZEC-PERP | 1,482.5 | 0.0100 | pay 0.0013% / 1h | 46m 54s | $453K | $500K | 6.7x |
| Short | KuCoin ZECUSDTM | 1,484.9 | 0.0100 | get 0.0100% / 8h | 1h 46m | $101.8M | $56.8M | 75x |
Derive ZEC-PERP
KuCoin ZECUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Derive. 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
- $0
- Price spread: +0.162% → +0.061%
- $10.09
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$7.91
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; KuCoin: live order book, 2 min ago. Net counts fees only.
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 Derive no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 2 min ago | 1.31 bp | 9.0 bp −$9 | 15.5 bp −$155 | doesn't fit | doesn't fit |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1,484.2 | +0.112% | $34K | $273K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0118% | 8h | 1,483.9 | +0.092% | $30.7M | $73.8M | 75x | as long as short |
| Bulk ZEC-USD | −0.0097% | 1h | 1,490.7 | +0.549% | $901K | $15K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,483.7 | +0.081% | $18.0M | $46.5M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,483.8 | +0.086% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,482.5 | 0.000% | $412K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,484.4 | +0.125% | $1.6M | $4.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,483.2 | +0.047% | $61K | $297K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,483.9 | +0.094% | $5.3M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0073% | 8h | 1,483.4 | +0.058% | $298K | $1.1M | 20x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Bulk ZEC-USD
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,484.6 | +0.137% | $158K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,483.7 | +0.081% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,484 | +0.097% | $14.1M | $30.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,483.7 | +0.080% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,484.3 | +0.123% | $690.9M | $2.29B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,484.2 | +0.110% | $269.7M | $627.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,484.2 | +0.110% | $179.8M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,480.8 | −0.116% | $405K | $505K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,484.6 | +0.140% | $54.2M | $180.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,485.2 | +0.184% | $237.0M | $776.3M | 150x | as long as short |
| KuCoin ZECUSDTMshort | +0.0100% | 8h | 1,484.9 | +0.162% | $101.8M | $56.8M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,484.3 | +0.122% | $160.2M | $288.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,484.3 | +0.121% | — | $114.4M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,485.1 | +0.171% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,483 | +0.031% | $48.4M | $33.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,484.5 | +0.136% | $568K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,485.3 | +0.188% | $3.0M | $488K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,484.3 | +0.117% | $411K | $932K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,484 | +0.097% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,484 | +0.100% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,484.1 | +0.107% | $163K | $185K | 20x | as long as short |
| Derive ZEC-PERPlong | +0.0100% | 1h | 1,482.5 | long leg | $453K | $500K | 6.7x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,486.6 | +0.274% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,483.9 | +0.091% | $253K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,483.5 | +0.064% | $2.6M | $19.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,484.5 | +0.133% | $4.0M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,483.3 | +0.052% | $61K | $43K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,484.2 | +0.110% | $11K | $864K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,485.3 | +0.185% | $2.7M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,483.8 | +0.088% | $44K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,485.3 | +0.184% | $8K | $7K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0115% | 1h | 1,484.1 | +0.109% | $706K | $1.4M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0122% / S −0.0108% | 1h | 1,483.6 | +0.072% | $430K | — | 100x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,485 | +0.170% | $929K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,484.9 | +0.162% | $4.7M | $1.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0165% | 1h | 1,486.1 | +0.242% | $772.0M | $440.6M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0206% | 1h | 1,486.3 | +0.254% | $48K | $63K | 10x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,486 | +0.236% | $625K | $8.6M | 10x | as long as short |
| Lighter RH ZEC | +0.0288% | 1h | 1,485.4 | +0.192% | $2.1M | $7.3M | 10x | as long as short |
| Lighter ZEC | +0.0328% | 1h | 1,485.3 | +0.191% | $19.4M | $45.5M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,484 | +0.097% | $3.6M | $9.9M | 50x | as long as short |
Popdex ZECUSDT
Nado ZEC-PERP
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
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDC
Phoenix ZEC
Hyperliquid ZEC
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC
Lighter ZEC
Coinbase International ZEC-PERP-INTX