Funding you earn now, next payment 02:00 UTC+0.0102%/8h= +11.2% APRpaid last 24h +0.044%
Price spread now: KuCoin against Kraken Futures−0.064%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$420.416% of the position
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 3 days (all we have)−0.226%−$23 · spread now −0.064%, 7d avg −0.043%
=Funding pays, the price is against you. KuCoin is 0.020% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.043%). If the spread goes back, that is −$2 on $10k: about 16 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZECUSD | 1,470.9 | −0.0002 | get 0.0000% / 1h | 58m 37s | $17.9M | $43.0M | 25x |
| Short | KuCoin ZECUSDTM | 1,470 | 0.0100 | get 0.0100% / 8h | 6h 58m | $103.8M | $55.4M | 75x |
Kraken Futures PF_ZECUSD
KuCoin ZECUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Kraken Futures. 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
- $21.47
- Price spread: −0.064% → −0.043%
- −$2.04
- Slippage, 4 orders
- −$19.63
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$22.21
- Costs to cover
- 0.416%
- Break-even
- 14.2 days
Slippage from Kraken Futures: live order book, 6 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 6 min ago | 2.99 bp | 8.9 bp −$9 | 13.2 bp −$132 | 21.0 bp −$2,099 | 118.4 bp −$59.2K |
| Sell KuCoin live order book, 6 min ago | 0.82 bp | 11.3 bp −$11 | 16.8 bp −$168 | 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 | −0.3678% | 1h | 1,469.8 | −0.073% | $34K | $274K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0238% | 1h | 1,469.2 | −0.115% | $398K | $516K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0112% | 8h | 1,470.9 | 0.000% | $29.8M | $72.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,468.9 | −0.135% | $6K | $1K | 10x | as long as short |
| Variational Omni ZEC | −0.0007% | 8h | 1,467.9 | −0.202% | $47.8M | $33.5M | — | as long as short |
| Kraken Futures PF_ZECUSDlong | −0.0002% | 1h | 1,470.9 | long leg | $17.9M | $43.0M | 25x | |
| dYdX ZEC-USD | 0.0000% | 1h | 1,468.6 | −0.155% | $414K | $103K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,472.2 | +0.087% | $962K | $5.1M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,470.1 | −0.051% | $84K | $405K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,470.8 | −0.009% | $5.2M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0008% | 1h | 1,469.4 | −0.104% | $8K | $9K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0023% | 8h | 1,470.6 | −0.018% | $294K | $1.1M | 20x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,469.5 | −0.093% | $4.6M | $1.5M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,470.6 | −0.021% | $378K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0069% | 8h | 1,468.5 | −0.163% | $180.8M | $1.28B | 50x | as long as short |
| Gate ZEC_USDT | +0.0089% | 8h | 1,468.7 | −0.149% | $49.9M | $173.0M | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,469.5 | −0.093% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,469 | −0.127% | $11K | $837K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468.2 | −0.184% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,471.1 | +0.013% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,470.9 | 0.000% | $765.7M | $451.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,469.9 | −0.067% | $14.9M | $31.3M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,468.7 | −0.148% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,470.2 | −0.049% | $682.8M | $2.34B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,467.6 | −0.225% | $271.7M | $626.5M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,467.8 | −0.210% | $893K | $21K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,468.4 | −0.171% | $218.4M | $789.2M | 150x | as long as short |
| KuCoin ZECUSDTMshort | +0.0100% | 8h | 1,470 | −0.064% | $103.8M | $55.4M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,468.6 | −0.156% | $163.3M | $287.2M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,468.7 | −0.147% | — | $100.1M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,469.7 | −0.078% | $572K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468.8 | −0.142% | $3.0M | $450K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,469.8 | −0.078% | $427K | $882K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,468.5 | −0.162% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,470.6 | −0.020% | $341K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,470.6 | −0.017% | $128K | $158K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,469.3 | −0.108% | $458K | $510K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,473 | +0.141% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,470.9 | −0.003% | $242K | $3.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,469 | −0.128% | $2.5M | $19.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,471 | +0.009% | $3.8M | $5.2M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,468.6 | −0.156% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,470.9 | −0.002% | $52K | $163K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0142% | 1h | 1,471.2 | +0.022% | $605K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0152% | 1h | 1,469 | −0.126% | $19.1M | $47.8M | 20x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,469.9 | −0.066% | $692K | $8.6M | 10x | as long as short |
| Lighter RH ZEC | +0.0368% | 1h | 1,471.4 | +0.036% | $2.1M | $7.0M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,469.5 | −0.095% | $853K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,472.5 | +0.107% | $3.7M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0602% | 1h | 1,471.2 | +0.021% | $2.5M | $3.8M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0748% | 1h | 1,470.5 | −0.029% | $43K | $46K | 10x | as long as short |
01 Exchange ZECUSD
Orderly PERP_ZEC_USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
Bitget ZECUSDT
BingX ZEC-USDT
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
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Arcus ZEC-USD
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD