Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%
Price spread now: KuCoin against Popdex+0.010%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$300.299% of the position
Funding, last 4 days (all we have)−0.022%−$2 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now +0.010%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.022% dearer against Popdex than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex ZECUSDT | 1,464.3 | 0.0096 | pay 0.0012% / 1h | 47m 26s | $173K | $1.6M | 50x |
| Short | KuCoin ZECUSDTM | 1,464.4 | 0.0100 | get 0.0100% / 8h | 2h 47m | $103.0M | $52.6M | 75x |
Popdex ZECUSDT
KuCoin ZECUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Popdex. 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
- $0.84
- Price spread: +0.010% → −0.012%
- $2.2
- Slippage, 4 orders
- −$11.53
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$26.89
- Costs to cover
- 0.299%
- Break-even
- 231.1 days
Slippage from Popdex: live order book, 2 min ago; KuCoin: live order book, 7 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 Popdex live order book, 2 min ago | 0.27 bp | 4.4 bp −$4 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 1.47 bp | 10.7 bp −$11 | 14.9 bp −$149 | 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 | −0.3243% | 1h | 1,467.5 | +0.217% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,465.2 | +0.064% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0069% | 8h | 1,467.3 | +0.208% | $29.8M | $70.9M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,465.2 | +0.063% | $407K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,467.2 | +0.197% | $1.5M | $4.4M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,464.2 | −0.003% | $84K | $239K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,466.2 | +0.131% | $617K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,464 | −0.016% | $5.2M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,464.5 | +0.015% | $8K | $7K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,463.8 | −0.030% | $292K | $900K | 20x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Orderly PERP_ZEC_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0092% | 1h | 1,468.3 | +0.271% | $4.7M | $1.3M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0093% / S −0.0046% | 1h | 1,463.8 | −0.029% | $436K | — | 100x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,466.5 | +0.154% | $2.1M | $7.1M | 10x | as long as short |
| Popdex ZECUSDTlong | +0.0096% | 1h | 1,464.3 | long leg | $173K | $1.6M | 50x | |
| Bybit ZECUSDT | +0.0098% | 8h | 1,463.3 | −0.067% | $262.1M | $583.2M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,465.7 | +0.097% | $12K | $800K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,465.2 | +0.060% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,465.6 | +0.091% | $2.9M | $6.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,465.1 | +0.056% | $762.7M | $419.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,464 | −0.018% | $14.5M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,465.4 | +0.075% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,464 | −0.023% | $675.4M | $2.17B | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,463.6 | −0.049% | $178.2M | $1.20B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,463.4 | −0.060% | $398K | $429K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,464.4 | +0.009% | $885K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,464 | −0.017% | $52.6M | $169.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,464.2 | −0.008% | $218.6M | $758.0M | 150x | as long as short |
| KuCoin ZECUSDTMshort | +0.0100% | 8h | 1,464.4 | +0.010% | $103.0M | $52.6M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,464.3 | −0.001% | $166.4M | $266.9M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,464.4 | +0.011% | — | $107.6M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,469.8 | +0.377% | $48.2M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,467.4 | +0.210% | $573K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468.6 | +0.292% | $3.0M | $453K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,469.8 | +0.374% | $406K | $923K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,466.1 | +0.121% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,464.2 | −0.005% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.9 | −0.023% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,463 | −0.086% | $447K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,468.1 | +0.258% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,465.7 | +0.094% | $234K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,464.7 | +0.031% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,465.9 | +0.111% | $3.9M | $4.7M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,464.9 | +0.042% | $2.8M | $7.8M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,463.9 | −0.023% | $47K | $151K | 20x | as long as short |
| Lighter ZEC | +0.0136% | 1h | 1,466.3 | +0.139% | $19.4M | $43.8M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0147% | 1h | 1,465.6 | +0.090% | $18.0M | $45.6M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,464.8 | +0.035% | $926K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0301% | 1h | 1,465.9 | +0.109% | $2.4M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,469 | +0.322% | $3.8M | $9.2M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,466.6 | +0.158% | $667K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0674% | 1h | 1,466.5 | +0.149% | $45K | $49K | 10x | as long as short |
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Lighter RH ZEC
Bybit ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
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
Lighter ZEC
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD