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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Bullet against KuCoin+0.018%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$350.351% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.872%+$87 · spread now +0.018%, 7d avg +0.022%
Together, before fees+0.885%+$88 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZECUSDTM1,450.50.0100pay 0.0100% / 8h5h 04m$102.0M$55.2M75x
ShortBullet ZEC-USD1,450.80.0100get 0.0013% / 1h4m 13s$160K$185K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against KuCoin. 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: +0.018% → +0.022%
−$0.39
Slippage, 4 orders
−$15.08
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$35.48
Costs to cover
0.351%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bullet: live order book, 60 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 KuCoin live order book, 5 min ago0.14 bp9.7 bp −$1015.0 bp −$150doesn't fitdoesn't fit
Sell Bullet live order book, 60 min ago1.80 bp7.3 bp −$711.4 bp −$114doesn'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−0.3244%1h1,435.8−1.018%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,452.1+0.110%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0078%8h1,451.3+0.052%$29.3M$70.5M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.3+0.053%$409K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,452.3+0.126%$1.5M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,451.7+0.080%$83K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,450.5+0.001%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0054%8h1,450.3−0.016%$290K$963K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0062% / S −0.0012%1h1,450.2−0.018%$407K100xas long as short
Phoenix ZEC+0.0074%1h1,450.6+0.005%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,450.7+0.010%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,451.4+0.062%$11K$876K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,452+0.104%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,450.9+0.027%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,451.6+0.075%$754.8M$434.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,450.5+0.002%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,452.4+0.132%$1.6M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,450.4−0.008%$664.1M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,450.2−0.021%$262.1M$606.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,450.7+0.010%$177.6M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,449−0.104%$395K$435K5xas long as short
Bulk ZEC-USD+0.0100%1h1,450−0.035%$876K$23K10xas long as short
Gate ZEC_USDT+0.0100%8h1,450.4−0.007%$49.8M$176.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,450.4−0.008%$219.5M$782.6M150xas long as short
KuCoin ZECUSDTMlong+0.0100%8h1,450.5long leg$102.0M$55.2M75x
Bitget ZECUSDT+0.0100%8h1,450.5−0.001%$161.7M$272.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,449.8−0.050%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,451+0.034%$2.5M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,449.4−0.076%$47.3M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,452+0.105%$565K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,453.8+0.230%$3.0M$432K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,453.1+0.175%$409K$911K50xas long as short
StandX ZEC-USD+0.0100%1h1,451.4+0.061%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451+0.034%$367K$1.9M10xas long as short
Bullet ZEC-USDshort+0.0100%1h1,450.8+0.018%$160K$185K20x
Derive ZEC-PERP+0.0100%1h1,449.5−0.070%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,453.2+0.188%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,450.5−0.004%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,451.3+0.056%$2.7M$18.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,450.50.000%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,450.3−0.015%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,450.3−0.018%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0136%1h1,451.8+0.087%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,450.2−0.020%$17.9M$44.6M25xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0230%1h1,451.1+0.040%$609K$1.3M25xas long as short
Lighter ZEC+0.0232%1h1,452+0.101%$19.0M$46.8M20xas long as short
Arcus ZEC-USD+0.0277%1h1,453.5+0.210%$723K$8.4M10xas long as short
Lighter RH ZEC+0.0360%1h1,452.1+0.111%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,452.2+0.114%$830K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,452.1+0.111%$3.7M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0682%1h1,453.4+0.201%$44K$49K10xas long as short