ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0057%/8h= −6.3% APRnext payment −$0.07 per $10,000 · paid last 24h +0.028%

Price spread now: Arcus against RISEx+0.089%7-day average +0.018% · 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−$11as in the Price arb table

costs, in and out, $10k−$180.184% of the position

Long on RISEx Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.128%−$13 on $10k

Price spread, last 7 days−0.016%−$2 · spread now +0.089%, 7d avg +0.018%

Together, before fees−0.144%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.071% dearer against RISEx than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of +0.018%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx ZEC/USDC	1,504.8	0.0157	pay 0.0020% / 1h	12m 49s	$966K	$1.1M	10x
Short	Arcus ZEC-USD	1,506.2	0.0100	get 0.0013% / 1h	12m 49s	$595K	$8.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against RISEx. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee RISExbpFee ArcusbpOrdersPrice spread, now +0.089%Rate

Funding earned: −$12
Price spread: +0.089% → +0.018%: $7.06
Slippage, 4 orders: −$7.85
Fee RISEx: 3 bp × 2 orders: −$6
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$23.29
Costs to cover: 0.184%
Break-even: never at this rate

Slippage from RISEx: live order book, 1 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 RISEx live order book, 1 min ago	1.79 bp	4.8 bp −$5	11.0 bp −$110	doesn't fit	doesn't fit
Sell Arcus live order book, 1 min ago	0.54 bp	5.6 bp −$6	8.6 bp −$86	doesn't fit	doesn't fit

ZEC on 50 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	−0.3702%	1h	1,491.4	−0.895%	$36K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,502.3	−0.167%	$62K	$308K	10x	as long as short
Aftermath Perps ZECUSD	−0.0253%	1h	1,506.6	+0.117%	$48K	$58K	10x	as long as short
BloFin ZEC-USDT	−0.0168%	8h	1,504	−0.054%	$31.6M	$75.7M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,505.8	+0.064%	$6K	$1K	10x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,505.9	+0.073%	$1.6M	$5.0M	2.2x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,505.6	+0.049%	$415K	$34K	5x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,504.3	−0.036%	$5.4M	—	150x	as long as short
Kraken Futures PF_ZECUSD	+0.0019%	1h	1,504.5	−0.020%	$18.3M	$47.5M	25x	as long as short
01 Exchange ZECUSD	+0.0024%	1h	1,505.4	+0.038%	$8K	$6K	5x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ZEC_USDT	+0.0073%	8h	1,503.6	−0.080%	$60.7M	$188.4M	75x	as long as short
Phoenix ZEC	+0.0082%	1h	1,506.9	+0.136%	$4.8M	$1.4M	10x	as long as short
Orderly PERP_ZEC_USDC	+0.0083%	8h	1,503.5	−0.091%	$304K	$860K	20x	as long as short
Lighter ZEC	+0.0096%	1h	1,505.4	+0.036%	$19.6M	$45.7M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,505.5	+0.042%	$2.1M	$7.6M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,505.2	+0.023%	$177K	$1.8M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,505.3	+0.033%	$62K	$16K	10x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,505.1	+0.022%	$16K	$878K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,505.3	+0.033%	$3.1M	$7.5M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,505.3	+0.032%	$790.1M	$447.5M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,503.3	−0.101%	$14.0M	$29.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,505.8	+0.064%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,504.1	−0.046%	$710.5M	$2.29B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,503.6	−0.079%	$273.2M	$611.0M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,504.1	−0.049%	$185.5M	$1.35B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,503	−0.121%	$409K	$545K	5x	as long as short
Arcus ZEC-USDshort	+0.0100%	1h	1,506.2	+0.089%	$595K	$8.8M	10x
Bulk ZEC-USD	+0.0100%	1h	1,508.1	+0.218%	$776K	$147K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,503.6	−0.083%	$405.6M	$843.5M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,503.7	−0.073%	$102.8M	$56.1M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,503.8	−0.067%	$163.1M	$290.6M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,504.9	+0.008%	—	$6.6M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,506.2	+0.092%	$49.8M	$35.6M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,508.6	+0.254%	$551K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,508.2	+0.227%	$3.1M	$549K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,509.2	+0.292%	$414K	$953K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,509.2	+0.289%	$50K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,504.8	−0.001%	$374K	$1.6M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,503.8	−0.065%	$168K	$190K	20x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,506.2	+0.089%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,503.8	−0.065%	$257K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,508	+0.212%	$2.7M	$20.6M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,504.6	−0.018%	$4.0M	$4.8M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,503.5	−0.088%	$2.8M	$8.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,503.1	−0.112%	$43K	$157K	20x	as long as short
Backpack ZEC_USDC_PERP	+0.0134%	1h	1,504.7	−0.006%	$2.4M	$3.7M	15x	as long as short
RISEx ZEC/USDClong	+0.0157%	1h	1,504.8	long leg	$966K	$1.1M	10x
Deribit ZEC_USDC-PERPETUAL	+0.0158%	1h	1,504.6	−0.012%	$689K	$1.3M	25x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0164% / S −0.0172%	1h	1,503.9	−0.063%	$334K	—	100x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0368%	1h	1,505.9	+0.071%	$3.8M	$9.9M	50x	as long as short