Funding you earn now, next payment 05:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h −0.020%
Price spread now: RISEx against Arcus−0.069%7-day average −0.019% · 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−$22as in the Price arb table
costs, in and out, $10k−$170.167% of the position
Funding, last 4 days (all we have)+0.138%+$14 on $10k
+Price spread, last 7 days+0.003%$0 · spread now −0.069%, 7d avg −0.019%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and RISEx is 0.050% cheaper against Arcus than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.019%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.138%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus ZEC-USD | 1,464.4 | 0.0344 | pay 0.0043% / 1h | 1m 08s | $673K | $8.2M | 10x |
| Short | RISEx ZEC/USDC | 1,463.4 | 0.0216 | get 0.0027% / 1h | 1m 08s | $925K | $1.1M | 10x |
Arcus ZEC-USD
RISEx ZEC/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$26.8
- Price spread: −0.069% → −0.019%
- −$5.01
- Slippage, 4 orders
- −$6.2
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$48.51
- Costs to cover
- 0.167%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 3 min ago; RISEx: live order book, 3 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, 3 min ago | 0.00 bp | 2.3 bp −$2 | 5.0 bp −$50 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 3 min ago | 0.79 bp | 3.8 bp −$4 | 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 | −0.3042% | 1h | 1,463 | −0.094% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,462.4 | −0.138% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0072% | 8h | 1,463.3 | −0.076% | $29.7M | $70.6M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,462 | −0.163% | $406K | $37K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,462.9 | −0.102% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,463.7 | −0.046% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,464.3 | −0.007% | $293K | $900K | 20x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0071% | 1h | 1,464.3 | −0.005% | $397K | $436K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0090% / S −0.0042% | 1h | 1,463.8 | −0.041% | $437K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,463.3 | −0.075% | $174K | $1.6M | 50x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Ondo Perps ZEC-USD.P
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,464.2 | −0.009% | $14K | $799K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,462.8 | −0.105% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,463.7 | −0.046% | $2.9M | $6.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,464.7 | +0.019% | $14.5M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,463.1 | −0.090% | $1.7M | $2.3M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,464.7 | +0.020% | $675.1M | $2.17B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,464.1 | −0.019% | $261.8M | $585.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,464.1 | −0.016% | $178.8M | $1.21B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,462.8 | −0.107% | $884K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,463.7 | −0.046% | $52.6M | $174.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,464.5 | +0.006% | $217.9M | $777.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,464.5 | +0.011% | $103.2M | $52.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,464.7 | +0.024% | $166.5M | $267.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,462.9 | −0.102% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,465.8 | +0.100% | $48.1M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,463.2 | −0.077% | $569K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,465.7 | +0.093% | $3.0M | $453K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,463 | −0.092% | $404K | $921K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,462 | −0.164% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,463.5 | −0.059% | $357K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.6 | −0.050% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,463.3 | −0.072% | $447K | $504K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,466.1 | +0.116% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,464.4 | +0.004% | $234K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,462.5 | −0.127% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,464.3 | −0.003% | $3.9M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,464.5 | +0.009% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,464.2 | −0.014% | $47K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,463.3 | −0.073% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,463.3 | −0.076% | $4.7M | $1.3M | 10x | as long as short |
| Kalshi KXZECPERP | +0.0123% | 8h | 1,463.6 | −0.053% | $1.5M | $4.4M | 2.2x | as long as short |
| Lighter RH ZEC | +0.0128% | 1h | 1,465.9 | +0.107% | $2.1M | $7.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0139% | 1h | 1,465.1 | +0.049% | $617K | $1.3M | 25x | as long as short |
| Hyperliquid ZEC | +0.0147% | 1h | 1,465 | +0.043% | $763.3M | $419.6M | 10x | as long as short |
| Lighter ZEC | +0.0168% | 1h | 1,465.9 | +0.103% | $19.3M | $45.8M | 20x | as long as short |
| RISEx ZEC/USDCshort | +0.0216% | 1h | 1,463.4 | −0.069% | $925K | $1.1M | 10x | |
| Backpack ZEC_USDC_PERP | +0.0313% | 1h | 1,465.1 | +0.049% | $2.4M | $3.8M | 15x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0331% | 1h | 1,464.4 | +0.005% | $18.0M | $45.6M | 25x | as long as short |
| Arcus ZEC-USDlong | +0.0344% | 1h | 1,464.4 | long leg | $673K | $8.2M | 10x | |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,466.1 | +0.116% | $3.8M | $9.0M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0684% | 1h | 1,464.4 | 0.000% | $45K | $49K | 10x | as long as short |
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
01 Exchange ZECUSD
Phoenix ZEC
Kalshi KXZECPERP
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
Hyperliquid ZEC
Lighter ZEC
Backpack ZEC_USDC_PERP
Kraken Futures PF_ZECUSD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD