Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against KuCoin+0.128%98s7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$310.311% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.292%+$29 on $10k

Price spread, last 7 days−0.133%−$13 · spread now +0.128%, 7d avg −0.048%

Together, before fees+0.159%+ Points / potential airdropedgeX: Active · farm board+$16 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: edgeX is 0.176% dearer against KuCoin than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.048%. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZECUSDTM	1,450.2	0.0100	pay 0.0100% / 8h	5h 03m	$102.0M	$55.2M	75x
Short	edgeX ZECUSDC	1,452	0.0100	get 0.0050% / 4h	1h 03m	$565K	$8.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee KuCoinbpFee edgeXbpOrdersPrice spread, now +0.128%Rate

Funding earned: $0
Price spread: +0.128% → −0.048%: $17.59
Slippage, 4 orders: −$10.1
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$13.52
Costs to cover: 0.311%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; edgeX: live order book, 5 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 KuCoin live order book, 5 min ago	0.14 bp	9.7 bp −$10	15.0 bp −$150	doesn't fit	doesn't fit
Sell edgeX live order book, 5 min ago	0.38 bp	5.1 bp −$5	8.6 bp −$86	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	−0.3244%	1h	1,435.8	−0.995%	$33K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,452.1	+0.132%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0078%	8h	1,451.3	+0.075%	$29.3M	$70.5M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,451.3	+0.076%	$409K	$40K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,452.3	+0.149%	$1.5M	$4.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,451.7	+0.103%	$83K	$241K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,450.5	+0.023%	$5.1M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0054%	8h	1,450.3	+0.007%	$290K	$963K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0062% / S −0.0012%	1h	1,450.2	+0.005%	$407K	—	100x	as long as short
Phoenix ZEC	+0.0074%	1h	1,450.6	+0.028%	$4.6M	$1.4M	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ZECUSDT	+0.0096%	1h	1,450.7	+0.032%	$173K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,451.4	+0.085%	$11K	$876K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,452	+0.127%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,450.9	+0.050%	$2.6M	$6.3M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,451.6	+0.098%	$754.8M	$434.2M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,450.3	+0.011%	$14.4M	$28.0M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,452.4	+0.155%	$1.6M	$2.5M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,450.6	+0.030%	$664.2M	$2.23B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,449.7	−0.034%	$262.1M	$606.3M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,450.2	−0.002%	$177.6M	$1.22B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,449	−0.081%	$395K	$435K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,450	−0.012%	$876K	$23K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,450.4	+0.016%	$49.8M	$176.1M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,450.1	−0.007%	$221.1M	$782.9M	150x	as long as short
KuCoin ZECUSDTMlong	+0.0100%	8h	1,450.2	long leg	$102.0M	$55.2M	75x
Bitget ZECUSDT	+0.0100%	8h	1,450.3	+0.009%	$161.6M	$272.8M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,450.5	+0.019%	—	$96.8M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,451	+0.057%	$2.5M	$3.8M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,449.4	−0.054%	$47.3M	$32.8M	—	as long as short
edgeX ZECUSDCshort	+0.0100%	4h	1,452	+0.128%	$565K	$8.7M	20x
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,453.8	+0.252%	$3.0M	$432K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,453.1	+0.198%	$409K	$911K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,451.4	+0.084%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,451	+0.057%	$367K	$1.9M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,450.8	+0.041%	$160K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,449.5	−0.048%	$443K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,453.2	+0.210%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,450.5	+0.019%	$232K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,451.3	+0.079%	$2.7M	$18.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,450.5	+0.023%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,449.9	−0.016%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,450.3	+0.005%	$47K	$153K	20x	as long as short
01 Exchange ZECUSD	+0.0136%	1h	1,451.8	+0.110%	$8K	$7K	5x	as long as short
Kraken Futures PF_ZECUSD	+0.0196%	1h	1,450.2	+0.003%	$17.9M	$44.6M	25x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0230%	1h	1,451.1	+0.063%	$609K	$1.3M	25x	as long as short
Lighter ZEC	+0.0232%	1h	1,452	+0.124%	$19.0M	$46.8M	20x	as long as short
Arcus ZEC-USD	+0.0277%	1h	1,453.5	+0.232%	$723K	$8.4M	10x	as long as short
Lighter RH ZEC	+0.0360%	1h	1,452.1	+0.134%	$2.0M	$6.9M	10x	as long as short
RISEx ZEC/USDC	+0.0409%	1h	1,452.2	+0.137%	$830K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0456%	1h	1,452.1	+0.134%	$3.7M	$9.0M	50x	as long as short
Aftermath Perps ZECUSD	+0.0682%	1h	1,453.4	+0.223%	$44K	$49K	10x	as long as short