All ZEC pairs

ZEC funding carry: dYdX vs KuCoin

Entering and exiting this pair costs 22 bps of notional at taker fees (6 bps at maker). Funding has to pay that back before the trade is worth anything — here is how long that takes.

Right now

Gross funding APR
63.87%
Net APY on $10k
23.88%
Break-even
105.18h
Net positive for
38m
  • Net positive for only 38 min — needs ~105.18h to break even on entry/exit costs.
Short
dydx perp
ZEC/USD
Trade on dydx
Long
kucoin perp
ZEC/USDT
Trade on kucoin

Last 30 days

Above its costs
9.9% of the time
Net APY when above costs
45.84%
Net APY when below costs
-33.54%
Best single hour
115.06%

Measured on 420 hours of ranking we recorded ourselves.

To keep this comparison honest, 222 outlier samples above 110.00% APY were capped; they are not tradable estimates.

Round-trip cost

Venue Taker Maker Perp instrument
dYdX 5 1 ZEC-USD
KuCoin 6 2 ZECUSDTM

Other ZEC pairs

How long funding takes to repay the entry

At a given gross funding APR, this is how many hours you must hold before the position has paid back entry and exit. Below that, a positive APR is still a loss.

Gross funding APR Taker in / out Maker in / out
5% 385h (16d) 105h (4d)
10% 193h (8d) 53h (2d)
20% 96h (4d) 26h
50% 39h 11h