Funding you earn now, next payment 23:00 UTC+0.0467%/8h= +51.1% APRpaid last 24h +0.039%
Price spread now: Arcus against Variational Omni−0.440%7-day average +0.073% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.054%+$5 on $10k
+Price spread, last 7 days+0.528%+$53 · spread now −0.440%, 7d avg +0.073%
=Together, before fees+0.583%+ Points / potential airdropVariational Omni: Active · farm board+$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.513% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.440% now, against its 7-day average of +0.073%). If the spread goes back, that is −$51 on $10k: about 3.7 days of funding at the current rate (+$14 a day). At the pace of the last 3 days (+0.054% in total) that is about 31 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.054% in total (about 6.1% 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 | Variational Omni ZEC | 1,467.5 | −0.0022 | get 0.0022% / 8h | 1h 51m | $46.8M | $34.4M | — |
| Short | Arcus ZEC-USD | 1,461.1 | 0.0444 | get 0.0056% / 1h | 51m 25s | $741K | $8.1M | 10x |
Variational Omni ZEC
Arcus ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Variational Omni. 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
- $98.04
- Price spread: −0.440% → +0.073%
- −$51.32
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $42.22
- Costs to cover
- 0.045%
- Break-even
- 4.0 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Arcus: live order book, 3 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 3 min ago | 2.77 bp | doesn't fit | 4.5 bp −$45 | 16.4 bp −$1,636 | doesn't fit |
| Sell Arcus live order book, 3 min ago | 0.00 bp | 7.8 bp −$8 | 12.7 bp −$127 | 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 | −0.3310% | 1h | 1,462.9 | −0.313% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0406% | 1h | 1,461.1 | −0.438% | $17.7M | $44.6M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0094% | 8h | 1,461.5 | −0.414% | $28.9M | $75.7M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,460.9 | −0.452% | $6K | $2K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0063% | 1h | 1,466 | −0.104% | $397K | $518K | 5x | as long as short |
| Bybit ZECUSDT | −0.0045% | 8h | 1,459.8 | −0.524% | $269.5M | $677.8M | 75x | as long as short |
| Variational Omni ZEClong | −0.0022% | 8h | 1,467.5 | long leg | $46.8M | $34.4M | — | |
| ApeX Omni ZECUSDT | −0.0002% | 1h | 1,461.6 | −0.408% | $429K | $817K | 50x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,459.9 | −0.517% | $411K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,462 | −0.375% | $937K | $5.6M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Bybit ZECUSDT
ApeX Omni ZECUSDT
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 | 1,458.8 | −0.595% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,461.9 | −0.381% | $595K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,460.6 | −0.470% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0009% / S +0.0078% | 1h | 1,460.6 | −0.475% | $558K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,461 | −0.446% | $293K | $1.5M | 20x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0052% | 8h | 1,459.5 | −0.544% | $175.0M | $1.36B | 50x | as long as short |
| Bulk ZEC-USD | +0.0054% | 1h | 1,460.6 | −0.474% | $899K | $25K | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,460.4 | −0.487% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0058% | 8h | 1,459.5 | −0.551% | $49.8M | $183.5M | 75x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,467 | −0.037% | $4.6M | $1.6M | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,460.1 | −0.509% | $14K | $862K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,461.2 | −0.429% | $18.9M | $52.3M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,459.5 | −0.551% | $172K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,459.3 | −0.561% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,461.2 | −0.429% | $2.5M | $7.0M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,460.6 | −0.472% | $757.7M | $488.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,459.6 | −0.542% | $15.3M | $33.6M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,460 | −0.512% | $1.7M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,460.3 | −0.491% | $669.8M | $2.52B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,459.4 | −0.551% | $219.8M | $851.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,459.6 | −0.542% | $103.0M | $56.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,459.6 | −0.542% | $161.6M | $309.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,460.5 | −0.482% | — | $103.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,461.1 | −0.437% | $509K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,466.2 | −0.088% | $3.0M | $492K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,461.3 | −0.428% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,459.9 | −0.520% | $343K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,460.3 | −0.492% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,459.2 | −0.564% | $446K | $503K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,463 | −0.307% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,461.1 | −0.440% | $222K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,461 | −0.445% | $2.4M | $24.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,461.3 | −0.422% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,460.1 | −0.505% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,461.3 | −0.423% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,460.1 | −0.503% | $841K | $1.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0266% | 1h | 1,462.2 | −0.366% | $2.3M | $4.0M | 15x | as long as short |
| Lighter RH ZEC | +0.0416% | 1h | 1,461.4 | −0.418% | $2.0M | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,464.2 | −0.230% | $3.7M | $11.7M | 50x | as long as short |
| Arcus ZEC-USDshort | +0.0444% | 1h | 1,461.1 | −0.440% | $741K | $8.1M | 10x | |
| Aftermath Perps ZECUSD | +0.0512% | 1h | 1,463.4 | −0.280% | $40K | $34K | 10x | as long as short |
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Orderly PERP_ZEC_USDC
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
01 Exchange ZECUSD
Gate ZEC_USDT
Phoenix ZEC
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
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
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD