Funding you earn now, next payment 04:00 UTC+0.0526%/8h= +57.6% APRnext payment +$0.66 per $10,000 · paid last 24h +0.029%
Price spread now: Arcus against StandX−0.014%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$250.250% of the position
Funding, last 4 days (all we have)+0.048%+$5 on $10k
+Price spread, last 7 days+0.106%+$11 · spread now −0.014%, 7d avg +0.033%
=Together, before fees+0.153%+ Points / potential airdropStandX: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.048% cheaper against StandX than usual: you would sell low and buy high (spread −0.014% now, against its 7-day average of +0.033%). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$16 a day). At the pace of the last 4 days (+0.048% in total) that is about 3.6 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.048% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.66 per $10,000. 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 | StandX ZEC-USD | 1,459.2 | 0.0100 | pay 0.0013% / 1h | 2m 15s | $49K | $4.7M | 30x |
| Short | Arcus ZEC-USD | 1,459 | 0.0626 | get 0.0078% / 1h | 2m 15s | $675K | $8.2M | 10x |
StandX ZEC-USD
Arcus ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against StandX. 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
- $110.39
- Price spread: −0.014% → +0.033%
- −$4.75
- Slippage, 4 orders
- −$12.47
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $80.67
- Costs to cover
- 0.250%
- Break-even
- 1.9 days
Slippage from StandX: 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 StandX live order book, 2 min ago | 3.87 bp | 8.0 bp −$8 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 2 min ago | 0.00 bp | 2.3 bp −$2 | 5.8 bp −$58 | 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 | −0.3166% | 1h | 1,458.2 | −0.073% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,459 | −0.017% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0070% | 8h | 1,458.8 | −0.032% | $29.6M | $71.0M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,458.2 | −0.070% | $411K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,458.6 | −0.042% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,456.9 | −0.158% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,457.7 | −0.105% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,457.9 | −0.089% | $291K | $952K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0071% / S −0.0023% | 1h | 1,457.8 | −0.098% | $409K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,458.1 | −0.075% | $8K | $7K | 5x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,457.7 | −0.107% | $173K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,457.8 | −0.098% | $10K | $859K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,457.4 | −0.128% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,457.8 | −0.101% | $2.8M | $6.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,459.4 | +0.012% | $759.2M | $431.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,458.1 | −0.079% | $14.8M | $27.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,458.2 | −0.072% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,458.2 | −0.069% | $669.9M | $2.21B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,457.4 | −0.124% | $261.7M | $602.0M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,458.1 | −0.081% | $178.2M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,457.6 | −0.112% | $396K | $442K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.5 | −0.116% | $880K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,458 | −0.082% | $50.5M | $175.5M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,458.2 | −0.068% | $215.1M | $777.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,458.1 | −0.078% | $102.9M | $54.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,458.2 | −0.069% | $165.8M | $270.9M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,457.9 | −0.092% | — | $105.6M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,457.3 | −0.130% | $47.8M | $32.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,457.7 | −0.105% | $567K | $8.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,457.2 | −0.138% | $3.0M | $451K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,457.6 | −0.113% | $405K | $942K | 50x | as long as short |
| StandX ZEC-USDlong | +0.0100% | 1h | 1,459.2 | long leg | $49K | $4.7M | 30x | |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,457.4 | −0.125% | $354K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,458 | −0.086% | $160K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,456.8 | −0.170% | $445K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,460.2 | +0.066% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,458.1 | −0.079% | $233K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,458 | −0.084% | $2.7M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,458.3 | −0.062% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,457.8 | −0.097% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,457.8 | −0.098% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,458.8 | −0.033% | $4.6M | $1.3M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0188% | 1h | 1,458.5 | −0.047% | $2.4M | $3.9M | 15x | as long as short |
| Lighter ZEC | +0.0248% | 1h | 1,459.4 | +0.013% | $19.2M | $46.0M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0277% | 1h | 1,458 | −0.085% | $18.0M | $45.2M | 25x | as long as short |
| Lighter RH ZEC | +0.0312% | 1h | 1,459.4 | +0.011% | $2.1M | $7.0M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0314% | 1h | 1,458.7 | −0.035% | $615K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0412% | 1h | 1,457.5 | −0.116% | $922K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,460.5 | +0.088% | $3.8M | $9.1M | 50x | as long as short |
| Arcus ZEC-USDshort | +0.0626% | 1h | 1,459 | −0.014% | $675K | $8.2M | 10x | |
| Aftermath Perps ZECUSD | +0.0679% | 1h | 1,458.7 | −0.036% | $45K | $49K | 10x | as long as short |
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
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
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
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
Backpack ZEC_USDC_PERP
Lighter ZEC
Kraken Futures PF_ZECUSD
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD