Funding you earn now, next payment 22:00 UTC+0.0418%/8h= +45.8% APRpaid last 24h +0.027%
Price spread now: Arcus against edgeX+0.041%7-day average +0.099% · 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−$28as in the Price arb table
costs, in and out, $10k−$230.225% of the position
Funding, last 3 days (all we have)+0.032%+$3 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now +0.041%, 7d avg +0.099%
=Together, before fees+0.063%+ Points / potential airdropedgeX: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.058% cheaper against edgeX than usual: you would sell low and buy high (spread +0.041% now, against its 7-day average of +0.099%). If the spread goes back, that is −$6 on $10k: about 11 hours of funding at the current rate (+$13 a day). At the pace of the last 3 days (+0.032% in total) that is about 6.0 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.032% in total (about 3.5% 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 | edgeX ZECUSDC | 1,453.5 | 0.0100 | pay 0.0050% / 4h | 2h 45m | $487K | $9.8M | 20x |
| Short | Arcus ZEC-USD | 1,454.1 | 0.0518 | get 0.0065% / 1h | 45m 15s | $754K | $7.8M | 10x |
edgeX ZECUSDC
Arcus ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against edgeX. 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
- $87.87
- Price spread: +0.041% → +0.099%
- −$5.84
- Slippage, 4 orders
- −$9.04
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $59.49
- Costs to cover
- 0.225%
- Break-even
- 2.3 days
Slippage from edgeX: live order book, 4 min ago; Arcus: live order book, 4 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 edgeX live order book, 4 min ago | 1.17 bp | 5.7 bp −$6 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 4 min ago | 0.00 bp | 2.7 bp −$3 | 6.1 bp −$61 | 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 | −0.3476% | 1h | 1,437.8 | −1.083% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,451.9 | −0.116% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,451.8 | −0.118% | $17.6M | $44.3M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0066% | 8h | 1,453 | −0.036% | $28.9M | $75.2M | 75x | as long as short |
| Variational Omni ZEC | −0.0019% | 8h | 1,451.4 | −0.149% | $45.7M | $32.0M | — | as long as short |
| Bybit ZECUSDT | −0.0008% | 8h | 1,451.5 | −0.141% | $268.8M | $675.6M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,451.8 | −0.119% | $409K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,452.4 | −0.078% | $846K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,451.3 | −0.157% | $82K | $401K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,451.9 | −0.117% | $5.1M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
Bybit ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0010% | 8h | 1,452.6 | −0.067% | $291K | $1.5M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0025% | 1h | 1,453.2 | −0.023% | $566K | $1.3M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0036% / S +0.0066% | 1h | 1,451.7 | −0.130% | $543K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0043% | 8h | 1,452.4 | −0.082% | $171.7M | $1.36B | 50x | as long as short |
| Aster ZECUSDT | +0.0061% | 8h | 1,451.5 | −0.143% | $15.3M | $35.1M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,451.6 | −0.133% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0065% | 8h | 1,451.5 | −0.142% | $49.1M | $185.7M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0082% | 1h | 1,452.8 | −0.051% | $394K | $518K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,452 | −0.106% | $17K | $878K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,452.7 | −0.055% | $18.7M | $53.9M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,451.5 | −0.142% | $177K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,451.6 | −0.137% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,451.8 | −0.123% | $3.0M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,452.2 | −0.093% | $750.9M | $495.1M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,451.6 | −0.134% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,451.9 | −0.117% | $658.3M | $2.53B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,455 | +0.097% | $896K | $37K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,451.6 | −0.131% | $219.0M | $883.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,451.6 | −0.132% | $103.6M | $56.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,452.3 | −0.084% | $161.8M | $314.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,451.4 | −0.146% | — | $107.0M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,452.6 | −0.067% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDClong | +0.0100% | 4h | 1,453.5 | long leg | $487K | $9.8M | 20x | |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.3 | −0.086% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,452.2 | −0.091% | $706K | $606K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,452.4 | −0.079% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,451.2 | −0.161% | $298K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,451.6 | −0.135% | $126K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,451.3 | −0.156% | $441K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,454.4 | +0.055% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,452.1 | −0.103% | $219K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,451.9 | −0.113% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,451.9 | −0.114% | $3.7M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.8 | −0.049% | $4.6M | $1.6M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,452.7 | −0.058% | $36K | $362K | 20x | as long as short |
| Extended ZEC-USD | +0.0192% | 1h | 1,452.6 | −0.066% | $3.3M | $7.0M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,452.1 | −0.101% | $862K | $2.5M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,454.1 | +0.039% | $3.7M | $11.5M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0451% | 1h | 1,453.2 | −0.023% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USDshort | +0.0518% | 1h | 1,454.1 | +0.041% | $754K | $7.8M | 10x | |
| Lighter RH ZEC | +0.0728% | 1h | 1,453.7 | +0.012% | $1.9M | $8.4M | 10x | as long as short |
Orderly PERP_ZEC_USDC
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Aster ZECUSDT
01 Exchange ZECUSD
Gate ZEC_USDT
Ondo Perps ZEC-USD.P
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
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
Phoenix ZEC
Aevo ZEC-PERP
Extended ZEC-USD
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Lighter RH ZEC