Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.046%
Price spread now: Arcus against SoDEX+0.185%7-day average +0.021% · 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−$1as in the Price arb table
costs, in and out, $10k−$170.174% of the position
Funding, last 3 days (all we have)+0.064%+$6 on $10k
+Price spread, last 3 days (all we have)−0.631%−$63 · spread now +0.185%, 7d avg +0.021%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.163% dearer against SoDEX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ZEC-USD | 1,472.3 | 0.0068 | pay 0.0008% / 1h | 52m 17s | $226K | $4.5M | 10x |
| Short | Arcus ZEC-USD | 1,475 | 0.0100 | get 0.0013% / 1h | 52m 17s | $714K | $8.3M | 10x |
SoDEX ZEC-USD
Arcus ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against SoDEX. 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
- $6.82
- Price spread: +0.185% → +0.021%
- $16.33
- Slippage, 4 orders
- −$4.87
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $5.78
- Costs to cover
- 0.174%
- Break-even
- 1.1 days
Slippage from SoDEX: live order book, 2 min ago; Arcus: live order book, 2 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 SoDEX live order book, 2 min ago | 0.24 bp | 4.3 bp −$4 | 14.1 bp −$141 | 105.6 bp −$10.6K | doesn't fit |
| Sell Arcus live order book, 2 min ago | 0.00 bp | 3.4 bp −$3 | 8.1 bp −$81 | 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 | −0.3089% | 1h | 1,475.9 | +0.245% | $34K | $275K | 12x | as long as short |
| ApeX Omni ZECUSDT | −0.0365% | 1h | 1,474 | +0.120% | $432K | $827K | 50x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0334% | 1h | 1,473.5 | +0.084% | $400K | $517K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0225% | 1h | 1,472.5 | +0.018% | $17.9M | $44.6M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0111% | 8h | 1,474.5 | +0.153% | $29.5M | $75.7M | 75x | as long as short |
| Bybit ZECUSDT | −0.0087% | 8h | 1,471.8 | −0.031% | $273.2M | $661.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,474.2 | +0.129% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0037% | 8h | 1,473.4 | +0.079% | $47.0M | $33.5M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,473.7 | +0.101% | $415K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,476.4 | +0.284% | $901K | $5.6M | 2.2x | as long as short |
Injective ZEC/USDC PERP
ApeX Omni ZECUSDT
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Bybit ZECUSDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,473.3 | +0.072% | $84K | $404K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,473.4 | +0.077% | $615K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,473.3 | +0.072% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0010% | 8h | 1,472.6 | +0.022% | $294K | $1.4M | 20x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,475.6 | +0.228% | $4.7M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0038% / S +0.0009% | 1h | 1,473.1 | +0.060% | $366K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0039% | 8h | 1,472.1 | −0.014% | $180.3M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0042% | 8h | 1,473.1 | +0.060% | $50.7M | $184.1M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,473.9 | +0.109% | $8K | $8K | 5x | as long as short |
| SoDEX ZEC-USDlong | +0.0068% | 1h | 1,472.3 | long leg | $226K | $4.5M | 10x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,473.2 | +0.063% | $176K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,474.1 | +0.124% | $12K | $828K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,473.8 | +0.104% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,474.3 | +0.139% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,474.5 | +0.149% | $765.2M | $473.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,473.4 | +0.076% | $15.6M | $32.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,474.2 | +0.133% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,472.9 | +0.046% | $681.5M | $2.46B | 75x | as long as short |
| Arcus ZEC-USDshort | +0.0100% | 1h | 1,475 | +0.185% | $714K | $8.3M | 10x | |
| Bulk ZEC-USD | +0.0100% | 1h | 1,471.1 | −0.077% | $908K | $26K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,472.9 | +0.043% | $222.9M | $830.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,473.3 | +0.068% | $104.2M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,472.6 | +0.023% | $162.6M | $303.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,473.6 | +0.092% | — | $102.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,474.3 | +0.138% | $513K | $9.3M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,475.5 | +0.222% | $3.0M | $466K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,475.5 | +0.223% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,473.1 | +0.057% | $347K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,472.9 | +0.041% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470.9 | −0.089% | $448K | $503K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474.8 | +0.174% | $3K | $1.2M | 20x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,473.2 | +0.063% | $2.5M | $23.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,474.8 | +0.175% | $3.9M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,472.9 | +0.046% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,472.3 | 0.000% | $37K | $366K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,474.2 | +0.133% | $836K | $1.2M | 10x | as long as short |
| Lighter ZEC | +0.0144% | 1h | 1,475.5 | +0.217% | $19.1M | $52.1M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,476.8 | +0.310% | $3.8M | $11.0M | 50x | as long as short |
| Lighter RH ZEC | +0.0504% | 1h | 1,475.7 | +0.234% | $2.0M | $8.2M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0552% | 1h | 1,475.6 | +0.226% | $2.4M | $3.7M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0632% | 1h | 1,474.4 | +0.148% | $46K | $47K | 10x | as long as short |
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
01 Exchange ZECUSD
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Lighter ZEC
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD