Funding you earn now, next payment 08:00 UTC+0.0117%/8h= +12.8% APRnext payment +$0.15 per $10,000 · paid last 24h +0.034%
Price spread now: Arcus against Extended+0.069%7-day average +0.076% · 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−$21as in the Price arb table
costs, in and out, $10k−$200.198% of the position
Funding, last 4 days (all we have)+0.073%+$7 on $10k
+Price spread, last 7 days+0.025%+$2 · spread now +0.069%, 7d avg +0.076%
=Together, before fees+0.097%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.076%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ZEC-USD | 1,490.5 | 0.0104 | pay 0.0013% / 1h | 58m 49s | $2.7M | $7.9M | 10x |
| Short | Arcus ZEC-USD | 1,491.6 | 0.0221 | get 0.0028% / 1h | 58m 49s | $620K | $8.8M | 10x |
Extended ZEC-USD
Arcus ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Extended. 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
- $24.51
- Price spread: +0.069% → +0.076%
- −$0.67
- Slippage, 4 orders
- −$10.35
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $3.99
- Costs to cover
- 0.198%
- Break-even
- 5.9 days
Slippage from Extended: live order book, 5 min ago; Arcus: 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 Extended live order book, 5 min ago | 0.62 bp | 3.6 bp −$4 | 8.8 bp −$88 | 56.4 bp −$5,639 | doesn't fit |
| Sell Arcus live order book, 5 min ago | 0.00 bp | 3.7 bp −$4 | 7.3 bp −$73 | 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 | −0.3442% | 1h | 1,481 | −0.640% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,490.3 | −0.012% | $61K | $304K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0241% | 1h | 1,490.3 | −0.015% | $407K | $552K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0144% | 8h | 1,491.3 | +0.049% | $30.8M | $75.0M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,489.3 | −0.082% | $6K | $1K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0019% | 1h | 1,493 | +0.165% | $48K | $64K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,488.6 | −0.132% | $414K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,491.3 | +0.049% | $1.5M | $4.7M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,491.5 | +0.068% | $5.3M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0012% | 1h | 1,491.7 | +0.077% | $18.1M | $46.5M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Aftermath Perps ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUAL | +0.0062% | 1h | 1,492.1 | +0.103% | $681K | $1.4M | 25x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0081% | 8h | 1,491.2 | +0.043% | $300K | $1.1M | 20x | as long as short |
| Bulk ZEC-USD | +0.0085% | 1h | 1,492.9 | +0.161% | $902K | $7K | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,491.2 | +0.044% | $171K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,490.9 | +0.022% | $12K | $876K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,490.2 | −0.020% | $61K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,491.7 | +0.080% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,491.8 | +0.086% | $778.8M | $447.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,489.8 | −0.051% | $13.9M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,489.7 | −0.053% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,490.4 | −0.009% | $695.0M | $2.32B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,489.7 | −0.057% | $267.0M | $629.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,490.3 | −0.012% | $181.5M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,490.4 | −0.011% | $55.0M | $181.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,490.7 | +0.014% | $241.4M | $784.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,490.6 | +0.005% | $102.7M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,490.3 | −0.016% | $160.4M | $289.8M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,490.1 | −0.027% | — | $118.1M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,489.9 | −0.042% | $48.8M | $34.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,491.9 | +0.094% | $571K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,490 | −0.035% | $3.1M | $499K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,491.8 | +0.087% | $411K | $943K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,491.2 | +0.047% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,490.7 | +0.012% | $357K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,491.5 | +0.067% | $164K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,493.1 | +0.171% | $456K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,493.6 | +0.205% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,491.3 | +0.054% | $254K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,491 | +0.034% | $2.7M | $20.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,491.9 | +0.094% | $4.0M | $5.0M | 50x | as long as short |
| Extended ZEC-USDlong | +0.0104% | 1h | 1,490.5 | long leg | $2.7M | $7.9M | 10x | |
| 01 Exchange ZECUSD | +0.0104% | 1h | 1,491.6 | +0.072% | $8K | $7K | 5x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,491.3 | +0.050% | $43K | $151K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0128% | 1h | 1,491.5 | +0.064% | $939K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,490.5 | −0.002% | $4.8M | $1.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0139% / S −0.0136% | 1h | 1,491.5 | +0.065% | $392K | — | 100x | as long as short |
| Lighter RH ZEC | +0.0192% | 1h | 1,492.8 | +0.155% | $2.1M | $7.3M | 10x | as long as short |
| Arcus ZEC-USDshort | +0.0221% | 1h | 1,491.6 | +0.069% | $620K | $8.8M | 10x | |
| Lighter ZEC | +0.0248% | 1h | 1,492.8 | +0.154% | $19.6M | $44.7M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0398% | 1h | 1,492.2 | +0.114% | $2.3M | $3.9M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,493.9 | +0.227% | $3.7M | $10.1M | 50x | as long as short |
Deribit ZEC_USDC-PERPETUAL
Orderly PERP_ZEC_USDC
Bulk ZEC-USD
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
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
01 Exchange ZECUSD
Aevo ZEC-PERP
RISEx ZEC/USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Lighter RH ZEC
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX