Funding you earn now, next payment 04:00 UTC−0.0526%/8h= −57.6% APRpaid last 24h −0.029%
Price spread now: GRVT against Arcus−0.105%7-day average −0.040% · 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−$29as in the Price arb table
costs, in and out, $10k−$230.226% of the position
Funding, last 4 days (all we have)−0.043%−$4 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now −0.105%, 7d avg −0.040%
=Together, before fees−0.051%+ Points / potential airdropGRVT: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and GRVT is 0.065% cheaper against Arcus than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.040%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.043% in total (about -4.4% a year). A funding rate is set anew for every payment. 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 | 1,457.7 | 0.0626 | pay 0.0078% / 1h | 29m 13s | $700K | $8.3M | 10x |
| Short | GRVT ZEC_USDT_Perp | 1,456.2 | 0.0100 | get 0.0100% / 8h | 4h 29m | $3.0M | $437K | 10x |
Arcus ZEC-USD
GRVT ZEC_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$110.39
- Price spread: −0.105% → −0.040%
- −$6.46
- Slippage, 4 orders
- −$9.11
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$139.47
- Costs to cover
- 0.226%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 5 min ago; GRVT: 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 | 0.44 bp | 4.1 bp −$4 | 6.5 bp −$65 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 1.34 bp | 6.6 bp −$7 | 8.4 bp −$84 | 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 | −0.3166% | 1h | 1,457.3 | −0.030% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,456.1 | −0.110% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0067% | 8h | 1,456.4 | −0.092% | $29.3M | $70.9M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,457.2 | −0.034% | $410K | $38K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,457.2 | −0.034% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,455.9 | −0.127% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,456.8 | −0.066% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0061% | 8h | 1,457.1 | −0.040% | $291K | $956K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0067% / S −0.0018% | 1h | 1,456.7 | −0.070% | $409K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,456.5 | −0.081% | $8K | $7K | 5x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,456.2 | −0.105% | $174K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,455.9 | −0.123% | $11K | $859K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,456.7 | −0.071% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,456.9 | −0.055% | $2.5M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,457.4 | −0.022% | $757.5M | $432.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,456.8 | −0.064% | $14.5M | $27.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,457 | −0.049% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,456.5 | −0.084% | $668.5M | $2.21B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,455.6 | −0.148% | $262.4M | $600.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,455.7 | −0.138% | $178.0M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,457 | −0.050% | $395K | $441K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,454 | −0.258% | $877K | $29K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,457.1 | −0.044% | $50.2M | $173.8M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,456.8 | −0.061% | $217.1M | $771.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,456.5 | −0.085% | $102.1M | $53.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,457.4 | −0.021% | $165.6M | $271.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,457.4 | −0.022% | — | $103.4M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,457.2 | −0.034% | $2.4M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,455 | −0.186% | $47.6M | $32.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,455.6 | −0.149% | $567K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perpshort | +0.0100% | 8h | 1,456.2 | −0.105% | $3.0M | $437K | 10x | |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,454.8 | −0.198% | $405K | $926K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,456.1 | −0.109% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,456.1 | −0.112% | $366K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,456.8 | −0.063% | $160K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,456.2 | −0.104% | $445K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,458.6 | +0.058% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,457.1 | −0.046% | $233K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,455.6 | −0.149% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,456.4 | −0.094% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,456.9 | −0.059% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,456.8 | −0.062% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,455.9 | −0.124% | $4.6M | $1.3M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0277% | 1h | 1,456.7 | −0.071% | $18.0M | $44.9M | 25x | as long as short |
| Lighter ZEC | +0.0320% | 1h | 1,457.3 | −0.031% | $19.2M | $45.9M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0324% | 1h | 1,457.9 | +0.012% | $610K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0412% | 1h | 1,456.3 | −0.101% | $922K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,458.5 | +0.054% | $3.8M | $9.0M | 50x | as long as short |
| Lighter RH ZEC | +0.0480% | 1h | 1,458.3 | +0.040% | $2.1M | $6.9M | 10x | as long as short |
| Arcus ZEC-USDlong | +0.0626% | 1h | 1,457.7 | long leg | $700K | $8.3M | 10x | |
| Aftermath Perps ZECUSD | +0.0676% | 1h | 1,455.3 | −0.165% | $45K | $49K | 10x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
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
Phoenix ZEC
Kraken Futures PF_ZECUSD
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD