Funding you earn now, next payment 00:00 UTC−0.0151%/8h= −16.6% APRpaid last 24h −0.043%
Price spread now: Variational Omni against Arcus−0.188%7-day average −0.074% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.060%−$6 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now −0.188%, 7d avg −0.074%
=Together, before fees+0.022%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.114% cheaper against Arcus than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.074%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus ZEC-USD | 1,472.3 | 0.0100 | pay 0.0013% / 1h | 32m 29s | $721K | $8.3M | 10x |
| Short | Variational Omni ZEC | 1,469.5 | −0.0051 | pay 0.0051% / 8h | 32m 29s | $47.0M | $33.7M | — |
Arcus ZEC-USD
Variational Omni ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$31.75
- Price spread: −0.188% → −0.074%
- −$11.41
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$47.66
- Costs to cover
- 0.045%
- Break-even
- never at this rate
Slippage unknown: Arcus: live order book, 2 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
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, 2 min ago | 0.00 bp | 2.8 bp −$3 | 4.7 bp −$47 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.75 bp | doesn't fit | 7.7 bp −$77 | 20.4 bp −$2,036 | 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 | −0.3089% | 1h | 1,474.7 | +0.167% | $34K | $275K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0262% | 1h | 1,470.1 | −0.147% | $399K | $516K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0225% | 1h | 1,469.9 | −0.162% | $17.9M | $44.3M | 25x | as long as short |
| Bybit ZECUSDT | −0.0110% | 8h | 1,469.6 | −0.180% | $274.8M | $655.1M | 75x | as long as short |
| BloFin ZEC-USDT | −0.0102% | 8h | 1,469.8 | −0.170% | $29.6M | $75.2M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,469.9 | −0.158% | $6K | $2K | 10x | as long as short |
| Variational Omni ZECshort | −0.0051% | 8h | 1,469.5 | −0.188% | $47.0M | $33.7M | — | |
| ApeX Omni ZECUSDT | −0.0037% | 1h | 1,472.7 | +0.032% | $432K | $832K | 50x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,469.8 | −0.169% | $414K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,472.4 | +0.008% | $901K | $5.6M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
BloFin ZEC-USDT
Hotstuff ZEC-PERP
ApeX Omni ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,470.1 | −0.150% | $83K | $404K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,470.8 | −0.100% | $613K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,470.2 | −0.142% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0011% | 8h | 1,470 | −0.153% | $294K | $1.4M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0016% | 1h | 1,470.8 | −0.098% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,473.2 | +0.063% | $4.7M | $1.6M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0035% | 8h | 1,470.4 | −0.128% | $180.7M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0044% | 8h | 1,470.7 | −0.108% | $50.8M | $186.3M | 75x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0054% / S −0.0010% | 1h | 1,470.1 | −0.145% | $371K | — | 100x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,472.1 | −0.010% | $19.1M | $52.4M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,470.5 | −0.120% | $176K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,469.7 | −0.176% | $13K | $834K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,470.2 | −0.137% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,470.7 | −0.105% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,470.9 | −0.092% | $762.3M | $474.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,470.3 | −0.133% | $15.0M | $32.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,470.9 | −0.091% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,470.5 | −0.119% | $683.7M | $2.46B | 75x | as long as short |
| Arcus ZEC-USDlong | +0.0100% | 1h | 1,472.3 | long leg | $721K | $8.3M | 10x | |
| Bulk ZEC-USD | +0.0100% | 1h | 1,473.1 | +0.055% | $909K | $26K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,471.1 | −0.079% | $232.4M | $837.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,470.9 | −0.093% | $103.6M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,470.6 | −0.112% | $162.9M | $302.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,470.4 | −0.124% | — | $102.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,471.8 | −0.033% | $514K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,471.6 | −0.044% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,470.5 | −0.121% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,470.4 | −0.126% | $344K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469.6 | −0.178% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,468.4 | −0.262% | $448K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,472 | −0.019% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,469.8 | −0.169% | $238K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,469.7 | −0.176% | $2.5M | $23.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,470.5 | −0.122% | $3.9M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,470.9 | −0.094% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,470.2 | −0.141% | $37K | $366K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,471.3 | −0.067% | $825K | $1.2M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0422% | 1h | 1,470.5 | −0.119% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,472.3 | −0.001% | $3.8M | $10.6M | 50x | as long as short |
| Lighter RH ZEC | +0.0488% | 1h | 1,472.5 | +0.015% | $2.0M | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0698% | 1h | 1,472 | −0.019% | $46K | $47K | 10x | as long as short |
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Phoenix ZEC
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
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
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD