Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,188 | +0.0036 | pay 0.0005% / 1h | 7m 50s | $4.1M | $570K | 10x | Long Phoenix | |
| SHORT | 1,184.7 | +0.0014 | get 0.0002% / 1h | 7m 50s | $2.0M | $735K | — | Short AZverse |
Price gap−0.279%60s
Funding gap−0.0023% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.222% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0023% /8h now · paid +0.004% over the last 21 hours (all we have)
Price—spread −0.279%60s now · prices read too far apart to compare
Costsno datano order book for AZverse
Result, before costs—no pointsneeds both prices read together
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.279%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hZEC on 51 exchanges
lowest funding firstBefore you open
2 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Phoenix 10x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.68Long Phoenix: 24 payments, −$1.08; short AZverse: 24 payments, +$0.41.
- Watch: Prices read 60 s apart−0.279% vs −0.057%Part of this gap may be the market moving.
- Note: Short leg is thinner$2.0M vs $4.1M OIBoth legs are deep; AZverse is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPhoenix No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0014%/8h × 21 periods+$3.03
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for AZverse—
Fee Phoenix bp × 2 orders−$7.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$15.97
price spread not counted: prices read too far apartCosts to cover0.190%Break-even43.9 days
Slippage: Phoenix: live order book, 2 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix1.527.9 bp−$815.8 bp−$158117.3 bp−$11.7Kdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
| 10-25 04:12 | HTX | Points | Futures Hot Coins Points Race Is NOW! Trading Pairs: ZEC/SOL/FIL/SNDK/SKHYNIX 🔹Trade More → Earn More Points → Unlock More Rewards: Island Getaways | Hot Tokens | More Rewards Join now »» @HTX_Global on X ↗ |
| 10-24 06:31 | OKX | Other | Trending this week on OKX: • OKX Card coming soon to the US 🇺🇸 • OKX Shield Live in the US 🇺🇸 • Grid Bots Live in Simple Mode 🇪🇺 • $ZEC Live on X-Drops 🇪🇺 @okx on X ↗ |
| 10-23 12:16 | SoDEX | Points | 🎉 Happy Points Day! Layer1 Season Week 7 points are LIVE! 🚀 SoDEX Open Interest Hits $309.53M! 🔥 Another milestone unlocked! From $270M to over $309M — thank you to our growing trading community! 🧡 ⚡ Week 8 Bonus: Trade ZEC-USD, NEAR-USD, TSLA-USD, META-USD, CL-USD, SPCX-USD, QNT-USD perps to earn 1.2× SoPoints on trading volume! 🎁 Check your points 👉 @sodex_official on X ↗ |
| 10-23 12:15 | SoDEX | Points | 🎉 Happy Points Day! Layer1 Season Week 7 points are LIVE! 🚀 SoDEX Open Interest Hits $309.53M! 🔥 Another milestone unlocked! From $270M to over $309M — thank you to our growing trading community! 🧡 ⚡ Week 8 Bonus: Trade ZEC-USD, NEAR-USD, TSLA-USD, META-USD, CL-USD, SPCX-USD, QNT-USD perps to earn 1.2× SoPoints on trading volume! 🎁 Check your points 👉 @sodex_official on X ↗ |
| 10-22 09:53 | Popdex | Other | From -$8,371 to +$54,217 net PnL across 1,342 fills. One ZEC trader. Here's how it happened. The trader kept adding to longs through a pullback toward $1,128, with net PnL briefly falling below -$8K. As ZEC rallied past $1,200, the trader continued adding exposure around $1,212 and reduced longs near $1,275. Net PnL climbed above +$103K before a sharp market reversal brought it back to +$54,217. Not a straight line. Not without risk. On PopDEX, every fill is recorded onchain, making the entire trading session verifiable and replayable. PnL shows the result. PopDEX shows how it happened. @popdex_ on X ↗ |
| 10-21 12:23 | OKX | Other | ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗ |
HTX
OKX
SoDEX
Popdex