Funding you earn now, next payment 22:00 UTC−0.0414%/8h= −45.4% APRnext payment −$0.52 per $10,000 · paid last 24h −0.028%
Price spread now: Aevo against Arcus−0.043%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$460.463% of the position
Funding, last 3 days (all we have)−0.041%−$4 on $10k
+Price spread, last 3 days (all we have)+0.745%+$74 · spread now −0.043%, 7d avg −0.026%
=The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.041% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus ZEC-USD | 1,455.8 | 0.0518 | pay 0.0065% / 1h | 47m 42s | $751K | $7.8M | 10x |
| Short | Aevo ZEC-PERP | 1,455.2 | 0.0104 | get 0.0013% / 1h | 47m 42s | $36K | $362K | 20x |
Arcus ZEC-USD
Aevo ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Arcus. 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
- −$87.03
- Price spread: −0.043% → −0.026%
- −$1.74
- Slippage, 4 orders
- −$25.84
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$135.11
- Costs to cover
- 0.463%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 1 min ago; Aevo: live order book, 41 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 Arcus live order book, 1 min ago | 0.00 bp | 8.4 bp −$8 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 41 min ago | 3.93 bp | 18.5 bp −$18 | 27.0 bp −$270 | 41.8 bp −$4,177 | 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 | −0.3476% | 1h | 1,437.8 | −1.237% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,454.1 | −0.121% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,455 | −0.056% | $17.7M | $44.5M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0066% | 8h | 1,452.8 | −0.205% | $28.9M | $75.5M | 75x | as long as short |
| Variational Omni ZEC | −0.0026% | 8h | 1,451.7 | −0.283% | $45.5M | $32.1M | — | as long as short |
| Bybit ZECUSDT | −0.0007% | 8h | 1,453 | −0.192% | $269.2M | $677.5M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,454.9 | −0.066% | $410K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,455.7 | −0.007% | $849K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,453.8 | −0.141% | $83K | $401K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,454.9 | −0.064% | $5.2M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
Bybit ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0009% | 8h | 1,454.9 | −0.066% | $292K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0038% / S +0.0066% | 1h | 1,454.5 | −0.091% | $544K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0040% | 8h | 1,453.2 | −0.177% | $172.3M | $1.36B | 50x | as long as short |
| Aster ZECUSDT | +0.0062% | 8h | 1,454.5 | −0.089% | $15.3M | $35.1M | 75x | as long as short |
| Gate ZEC_USDT | +0.0063% | 8h | 1,453.7 | −0.148% | $49.1M | $185.6M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,454.3 | −0.107% | $8K | $8K | 5x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0075% | 1h | 1,452.8 | −0.207% | $394K | $518K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0089% | 1h | 1,456 | +0.010% | $567K | $1.3M | 25x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,454.1 | −0.121% | $17K | $879K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,454.9 | −0.060% | $18.8M | $53.9M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,453.9 | −0.129% | $177K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,453.3 | −0.171% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,454.2 | −0.109% | $3.0M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,455.4 | −0.031% | $752.8M | $494.1M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,454.1 | −0.121% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,454.1 | −0.119% | $659.3M | $2.54B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,455 | −0.059% | $896K | $37K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,454.1 | −0.116% | $218.5M | $882.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,453.7 | −0.144% | $103.4M | $56.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,453.4 | −0.164% | $162.0M | $315.3M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,452.2 | −0.251% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,455.9 | +0.002% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,453.4 | −0.166% | $487K | $9.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,455.2 | −0.045% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,452.6 | −0.218% | $706K | $606K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,453.4 | −0.167% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,453.9 | −0.132% | $299K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,454.3 | −0.104% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,453.6 | −0.154% | $442K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,457 | +0.083% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,455 | −0.056% | $220K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,453.3 | −0.173% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,454.3 | −0.103% | $3.7M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.3 | −0.245% | $4.6M | $1.6M | 10x | as long as short |
| Aevo ZEC-PERPshort | +0.0104% | 1h | 1,455.2 | −0.043% | $36K | $362K | 20x | |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,454.3 | −0.107% | $863K | $2.5M | 10x | as long as short |
| Extended ZEC-USD | +0.0248% | 1h | 1,453.3 | −0.174% | $3.3M | $7.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,456.3 | +0.032% | $3.7M | $11.5M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0460% | 1h | 1,454.1 | −0.117% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USDlong | +0.0518% | 1h | 1,455.8 | long leg | $751K | $7.8M | 10x | |
| Lighter RH ZEC | +0.0736% | 1h | 1,455.8 | +0.001% | $1.9M | $8.4M | 10x | as long as short |
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Aster ZECUSDT
Gate ZEC_USDT
01 Exchange ZECUSD
Ondo Perps ZEC-USD.P
Deribit ZEC_USDC-PERPETUAL
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
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
Phoenix ZEC
RISEx ZEC/USDC
Extended ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Lighter RH ZEC