Funding you earn now, next payment 02:00 UTC+0.0154%/8h= +16.9% APRpaid last 24h +0.041%
Price spread now: Arcus against Binance+0.037%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$260.264% of the position
Funding, last 3 days (all we have)+0.085%+$9 on $10k
+Price spread, last 7 days+0.046%+$5 · spread now +0.037%, 7d avg +0.043%
=The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZECUSDT | 1,473.8 | 0.0100 | pay 0.0100% / 8h | 6h 53m | $683.7M | $2.34B | 75x |
| Short | Arcus ZEC-USD | 1,474.4 | 0.0254 | get 0.0032% / 1h | 53m 30s | $685K | $8.6M | 10x |
Binance ZECUSDT
Arcus ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Binance. 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
- $32.42
- Price spread: +0.037% → +0.043%
- −$0.51
- Slippage, 4 orders
- −$11.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $5.56
- Costs to cover
- 0.264%
- Break-even
- 5.8 days
Slippage from Binance: live order book, 6 min ago; Arcus: live order book, 1 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 Binance live order book, 6 min ago | 0.03 bp | 5.1 bp −$5 | 7.6 bp −$76 | 11.4 bp −$1,141 | doesn't fit |
| Sell Arcus live order book, 1 min ago | 1.02 bp | 11.4 bp −$11 | 22.8 bp −$228 | 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 | −0.3678% | 1h | 1,470.8 | −0.204% | $34K | $274K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0149% | 1h | 1,468.3 | −0.375% | $399K | $516K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0113% | 8h | 1,469.2 | −0.313% | $29.6M | $72.2M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,469.4 | −0.300% | $6K | $1K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,470.7 | −0.213% | $18.1M | $43.3M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,472.4 | −0.096% | $415K | $103K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,471 | −0.191% | $959K | $5.1M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,469.1 | −0.318% | $83K | $405K | 10x | as long as short |
| Variational Omni ZEC | +0.0002% | 8h | 1,467.3 | −0.444% | $47.8M | $33.5M | — | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,469.9 | −0.263% | $5.2M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Variational Omni ZEC
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,474.1 | +0.020% | $8K | $9K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0024% | 8h | 1,470.1 | −0.250% | $294K | $1.1M | 20x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,468.4 | −0.367% | $4.6M | $1.5M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,469.9 | −0.265% | $382K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0075% | 8h | 1,474.2 | +0.028% | $181.2M | $1.29B | 50x | as long as short |
| Gate ZEC_USDT | +0.0088% | 8h | 1,473.1 | −0.049% | $50.1M | $173.4M | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,473.8 | 0.000% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,473.3 | −0.033% | $14K | $847K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,472.9 | −0.066% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,468.8 | −0.341% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,472.9 | −0.062% | $766.6M | $448.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,472.2 | −0.107% | $14.9M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,473.3 | −0.034% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDTlong | +0.0100% | 8h | 1,473.8 | long leg | $683.7M | $2.34B | 75x | |
| Bybit ZECUSDT | +0.0100% | 8h | 1,473.9 | +0.005% | $272.3M | $626.0M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,470.7 | −0.215% | $895K | $17K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,473.2 | −0.045% | $218.8M | $790.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,472.6 | −0.083% | $103.9M | $55.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,473.4 | −0.026% | $163.8M | $286.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,470.8 | −0.204% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,470.4 | −0.232% | $572K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,470.3 | −0.241% | $3.0M | $450K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,469.5 | −0.294% | $427K | $883K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,468.7 | −0.345% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,468.7 | −0.347% | $340K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,470.2 | −0.244% | $128K | $158K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,468.6 | −0.355% | $458K | $510K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,472.9 | −0.065% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,470.3 | −0.237% | $242K | $3.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,469.3 | −0.305% | $2.5M | $19.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,470.5 | −0.223% | $3.8M | $5.2M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,473.3 | −0.032% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,469.4 | −0.300% | $51K | $164K | 20x | as long as short |
| Lighter RH ZEC | +0.0232% | 1h | 1,474.7 | +0.056% | $2.0M | $7.0M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0245% | 1h | 1,470.9 | −0.198% | $605K | $1.3M | 25x | as long as short |
| Arcus ZEC-USDshort | +0.0254% | 1h | 1,474.4 | +0.037% | $685K | $8.6M | 10x | |
| Lighter ZEC | +0.0280% | 1h | 1,473.8 | −0.001% | $19.2M | $47.8M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,474.3 | +0.029% | $856K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,471.8 | −0.136% | $3.7M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0474% | 1h | 1,472.9 | −0.061% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0750% | 1h | 1,470.4 | −0.231% | $43K | $46K | 10x | as long as short |
01 Exchange ZECUSD
Orderly PERP_ZEC_USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Bybit ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD