Funding you earn now, next payment 22:00 UTC+0.0418%/8h= +45.8% APRpaid last 24h +0.027%
Price spread now: Arcus against KuCoin+0.104%7-day average +0.053% · 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−$29as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 3 days (all we have)+0.061%+$6 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now +0.104%, 7d avg +0.053%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Arcus is 0.051% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.053%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.061% in total (about 6.7% 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 | KuCoin ZECUSDTM | 1,455.3 | 0.0100 | pay 0.0100% / 8h | 2h 23m | $103.0M | $57.1M | 75x |
| Short | Arcus ZEC-USD | 1,456.8 | 0.0518 | get 0.0065% / 1h | 23m 03s | $750K | $8.0M | 10x |
KuCoin ZECUSDTM
Arcus ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against KuCoin. 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: +0.104% → +0.053%
- $5.1
- Slippage, 4 orders
- −$17.41
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $59.06
- Costs to cover
- 0.339%
- Break-even
- 2.3 days
Slippage from KuCoin: live order book, 6 min ago; Arcus: live order book, 6 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 KuCoin live order book, 6 min ago | 0.14 bp | 10.4 bp −$10 | 14.3 bp −$143 | 36.3 bp −$3,630 | doesn't fit |
| Sell Arcus live order book, 6 min ago | 0.00 bp | 2.3 bp −$2 | 4.0 bp −$40 | 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 | 1,433.1 | −1.519% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0086% | 8h | 1,454.8 | −0.030% | $28.6M | $75.4M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,455.8 | +0.036% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,454.6 | −0.043% | $17.7M | $44.7M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,455.1 | −0.013% | $410K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,455.4 | +0.007% | $933K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,454.4 | −0.057% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,455.4 | +0.008% | $592K | $1.3M | 25x | as long as short |
| Variational Omni ZEC | +0.0005% | 8h | 1,459.3 | +0.277% | $45.7M | $33.1M | — | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,455.1 | −0.012% | $5.2M | — | 150x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZECUSDT | +0.0009% | 8h | 1,454.4 | −0.062% | $267.5M | $677.1M | 75x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0016% | 8h | 1,454.7 | −0.040% | $292K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0023% / S +0.0072% | 1h | 1,454.6 | −0.042% | $565K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,454.8 | −0.031% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0059% | 8h | 1,455.1 | −0.009% | $173.0M | $1.36B | 50x | as long as short |
| Gate ZEC_USDT | +0.0077% | 8h | 1,454.9 | −0.022% | $49.4M | $190.2M | 75x | as long as short |
| Aster ZECUSDT | +0.0092% | 8h | 1,455.2 | −0.003% | $15.3M | $34.6M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,454.6 | −0.043% | $13K | $871K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,456.4 | +0.081% | $18.8M | $54.5M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,454.6 | −0.043% | $172K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,454.8 | −0.033% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,456 | +0.054% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,455.7 | +0.031% | $752.4M | $493.8M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,455.1 | −0.013% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,455 | −0.017% | $663.4M | $2.54B | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,458.6 | +0.230% | $395K | $522K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,445 | −0.704% | $890K | $32K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,455 | −0.017% | $215.4M | $896.3M | 150x | as long as short |
| KuCoin ZECUSDTMlong | +0.0100% | 8h | 1,455.3 | long leg | $103.0M | $57.1M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,455.1 | −0.012% | $161.0M | $313.1M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,454.2 | −0.072% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,455.8 | +0.039% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,457.3 | +0.144% | $490K | $9.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,459.6 | +0.300% | $3.0M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,458.8 | +0.241% | $455K | $800K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,456.6 | +0.096% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,454.3 | −0.065% | $346K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,454.3 | −0.066% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,453.5 | −0.117% | $442K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,456.8 | +0.107% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,454.9 | −0.025% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,455.2 | −0.003% | $2.4M | $25.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,455.2 | −0.006% | $3.8M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,460.3 | +0.350% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,455.1 | −0.010% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,454.5 | −0.049% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,455.3 | +0.002% | $868K | $1.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,456.5 | +0.088% | $3.7M | $11.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0448% | 1h | 1,454.9 | −0.024% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USDshort | +0.0518% | 1h | 1,456.8 | +0.104% | $750K | $8.0M | 10x | |
| Lighter RH ZEC | +0.0648% | 1h | 1,457.1 | +0.127% | $1.9M | $8.5M | 10x | as long as short |
Bybit ZECUSDT
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Aster ZECUSDT
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
MEXC ZEC_USDT
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
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
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Lighter RH ZEC