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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.036%
Price spread now: Bybit against KuCoin−0.044%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$330.330% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.169%+$17 on $10k
Price spread, last 7 days+0.046%+$5 · spread now −0.044%, 7d avg +0.008%
Together, before fees+0.215%+$22 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: Bybit is 0.052% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZECUSDTM1,450.70.0100pay 0.0100% / 8h5h 04m$102.0M$55.2M75x
ShortBybit ZECUSDT1,450.10.0100get 0.0100% / 8h5h 04m$262.1M$606.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.044% → +0.008%
−$5.24
Slippage, 4 orders
−$9.98
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$38.22
Costs to cover
0.330%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bybit: 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 KuCoin live order book, 5 min ago0.14 bp9.7 bp −$1015.0 bp −$150doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.03 bp6.0 bp −$69.2 bp −$9219.5 bp −$1,949doesn'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%1h1,435.8−1.033%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,452.1+0.094%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0078%8h1,451.3+0.037%$29.3M$70.5M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.3+0.037%$409K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,451.3+0.039%$1.4M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,451.7+0.064%$83K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,450.5−0.015%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0054%8h1,450.3−0.032%$290K$963K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0062% / S −0.0012%1h1,450.2−0.034%$407K100xas long as short
Phoenix ZEC+0.0074%1h1,450.6−0.011%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,450.7−0.006%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,451.4+0.046%$11K$876K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,452+0.089%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,450.9+0.011%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,451.8+0.073%$754.9M$434.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,451.3+0.040%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,452.4+0.116%$1.6M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,450.70.000%$664.2M$2.23B75xas long as short
Bybit ZECUSDTshort+0.0100%8h1,450.1−0.044%$262.1M$606.1M75x
OKX ZEC-USDT-SWAP+0.0100%8h1,450.5−0.019%$177.7M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,449−0.120%$395K$435K5xas long as short
Bulk ZEC-USD+0.0100%1h1,450−0.051%$876K$23K10xas long as short
Gate ZEC_USDT+0.0100%8h1,450.7−0.005%$49.8M$176.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,451+0.014%$219.3M$782.6M150xas long as short
KuCoin ZECUSDTMlong+0.0100%8h1,450.7long leg$102.0M$55.2M75x
Bitget ZECUSDT+0.0100%8h1,450.6−0.010%$161.7M$272.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,449.8−0.063%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,452.4+0.116%$2.5M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,449.4−0.092%$47.3M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,452+0.089%$565K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,453.8+0.214%$3.0M$432K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,453.1+0.159%$409K$911K50xas long as short
StandX ZEC-USD+0.0100%1h1,451.4+0.045%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451+0.018%$367K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,450.8+0.002%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,449.5−0.086%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,453.2+0.172%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,450.5−0.020%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,451.3+0.040%$2.7M$18.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,450.5−0.016%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,450.3−0.031%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,450.3−0.033%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0136%1h1,451.8+0.071%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,450.2−0.036%$17.9M$44.6M25xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0230%1h1,451.1+0.024%$609K$1.3M25xas long as short
Lighter ZEC+0.0232%1h1,453.5+0.192%$19.0M$46.8M20xas long as short
Arcus ZEC-USD+0.0277%1h1,453.5+0.194%$723K$8.4M10xas long as short
Lighter RH ZEC+0.0352%1h1,453.4+0.186%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,452.2+0.099%$830K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,452.1+0.095%$3.7M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0682%1h1,453.4+0.185%$44K$49K10xas long as short