Funding you earn now, next payment 01:00 UTC−0.0214%/8h= −23.4% APRpaid last 24h −0.094%
Price spread now: BloFin against Arcus−0.136%7-day average −0.016% · 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−$37as in the Price arb table
costs, in and out, $10k−$250.251% of the position
Funding, last 3 days (all we have)−0.248%−$25 on $10k
+Price spread, last 3 days (all we have)+0.405%+$41 · spread now −0.136%, 7d avg −0.016%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BloFin is 0.120% cheaper against Arcus than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus ZEC-USD | 1,469.7 | 0.0100 | pay 0.0013% / 1h | 14m 23s | $701K | $8.5M | 10x |
| Short | BloFin ZEC-USDT | 1,467.7 | −0.0114 | pay 0.0114% / 8h | 7h 14m | $29.7M | $72.8M | 75x |
Arcus ZEC-USD
BloFin ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$44.97
- Price spread: −0.136% → −0.016%
- −$11.97
- Slippage, 4 orders
- −$8.64
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$82.07
- Costs to cover
- 0.251%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 5 min ago; BloFin: 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 Arcus live order book, 5 min ago | 1.10 bp | 4.8 bp −$5 | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.38 bp | 7.3 bp −$7 | 9.5 bp −$95 | 16.2 bp −$1,615 | 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 | −0.3321% | 1h | 1,465.9 | −0.254% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0343% | 1h | 1,467.7 | −0.138% | $17.8M | $43.0M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0117% | 1h | 1,463.3 | −0.434% | $398K | $516K | 5x | as long as short |
| BloFin ZEC-USDTshort | −0.0114% | 8h | 1,467.7 | −0.136% | $29.7M | $72.8M | 75x | |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,468.1 | −0.105% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0030% | 8h | 1,464.9 | −0.323% | $47.5M | $33.8M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,467.1 | −0.176% | $413K | $103K | 5x | as long as short |
| 01 Exchange ZECUSD | 0.0000% | 1h | 1,468.9 | −0.052% | $8K | $9K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,468.8 | −0.059% | $959K | $5.2M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,468.7 | −0.064% | $83K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
01 Exchange ZECUSD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,469.4 | −0.021% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0019% | 8h | 1,469.6 | −0.006% | $293K | $1.1M | 20x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,465.8 | −0.265% | $4.6M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,469.4 | −0.016% | $378K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0060% | 8h | 1,469.6 | −0.005% | $181.6M | $1.30B | 50x | as long as short |
| Bybit ZECUSDT | +0.0088% | 8h | 1,469.5 | −0.009% | $273.5M | $631.5M | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,468.4 | −0.087% | $174K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,468 | −0.118% | $15K | $845K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468.5 | −0.079% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,468.6 | −0.071% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,469.9 | +0.015% | $763.0M | $453.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,468.5 | −0.079% | $14.9M | $31.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,468.1 | −0.108% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,469.6 | −0.007% | $683.8M | $2.37B | 75x | as long as short |
| Arcus ZEC-USDlong | +0.0100% | 1h | 1,469.7 | long leg | $701K | $8.5M | 10x | |
| Bulk ZEC-USD | +0.0100% | 1h | 1,465.9 | −0.259% | $892K | $22K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,469.2 | −0.031% | $50.2M | $181.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,468.8 | −0.060% | $228.2M | $828.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,468.4 | −0.086% | $104.2M | $55.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,468.7 | −0.067% | $163.4M | $291.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,469.4 | −0.018% | — | $100.3M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,464.1 | −0.381% | $570K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,465.9 | −0.260% | $3.0M | $447K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,463.4 | −0.431% | $426K | $874K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,465.3 | −0.298% | $80K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,468.6 | −0.073% | $339K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469 | −0.047% | $128K | $158K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,465.5 | −0.287% | $457K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,468.4 | −0.090% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,467.5 | −0.150% | $242K | $3.9M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,466.9 | −0.187% | $2.5M | $20.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,467.9 | −0.119% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,468.3 | −0.095% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,467.2 | −0.169% | $54K | $164K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,469.2 | −0.035% | $853K | $1.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0232% | 1h | 1,468.3 | −0.093% | $604K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0232% | 1h | 1,469.2 | −0.030% | $19.1M | $50.5M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,469.2 | −0.030% | $3.7M | $9.6M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0513% | 1h | 1,468.6 | −0.072% | $2.5M | $3.9M | 15x | as long as short |
| Lighter RH ZEC | +0.0744% | 1h | 1,470.1 | +0.031% | $2.0M | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0765% | 1h | 1,468.2 | −0.103% | $43K | $46K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Bybit ZECUSDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD