Funding you earn now, next payment 08:00 UTC−0.0303%/8h= −33.2% APRpaid last 24h −0.052%
Price spread now: Binance against Arcus−0.036%7-day average −0.043% · 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−$20as in the Price arb table
costs, in and out, $10k−$210.208% of the position
Funding, last 4 days (all we have)−0.114%−$11 on $10k
+Price spread, last 7 days−0.038%−$4 · spread now −0.036%, 7d avg −0.043%
=The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus ZEC-USD | 1,496.6 | 0.0403 | pay 0.0050% / 1h | 21m 12s | $618K | $8.7M | 10x |
| Short | Binance ZECUSDT | 1,496 | 0.0100 | get 0.0100% / 8h | 21m 12s | $700.8M | $2.30B | 75x |
Arcus ZEC-USD
Binance ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Arcus. 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
- −$63.67
- Price spread: −0.036% → −0.043%
- $0.7
- Slippage, 4 orders
- −$6.28
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$83.75
- Costs to cover
- 0.208%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 3 min ago; Binance: live order book, 8 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 Arcus live order book, 3 min ago | 0.38 bp | 4.1 bp −$4 | 7.9 bp −$79 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.03 bp | 5.2 bp −$5 | 7.8 bp −$78 | 17.9 bp −$1,791 | 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 | −0.3442% | 1h | 1,479.6 | −1.135% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,494.4 | −0.146% | $61K | $303K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0143% | 8h | 1,495.8 | −0.049% | $31.1M | $75.5M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0107% | 1h | 1,494.5 | −0.134% | $48K | $58K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,494.7 | −0.122% | $6K | $1K | 10x | as long as short |
| Bulk ZEC-USD | −0.0053% | 1h | 1,491.1 | −0.362% | $858K | $48K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,495.1 | −0.097% | $415K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,495.9 | −0.042% | $1.5M | $4.4M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,495.9 | −0.042% | $5.3M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0012% | 1h | 1,496.2 | −0.022% | $17.9M | $47.0M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
Bulk ZEC-USD
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ZEC-USD.P | +0.0043% | 1h | 1,493.6 | −0.198% | $408K | $554K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0084% | 8h | 1,495.5 | −0.069% | $301K | $864K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0088% | 1h | 1,496.1 | −0.029% | $8K | $6K | 5x | as long as short |
| Phoenix ZEC | +0.0096% | 1h | 1,496 | −0.037% | $4.8M | $1.4M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,496 | −0.036% | $182K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,495.3 | −0.083% | $17K | $881K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,494.9 | −0.113% | $62K | $20K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,495.9 | −0.041% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,496.9 | +0.023% | $782.1M | $439.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,495.4 | −0.079% | $14.0M | $30.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,495.4 | −0.079% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDTshort | +0.0100% | 8h | 1,496 | −0.036% | $700.8M | $2.30B | 75x | |
| Bybit ZECUSDT | +0.0100% | 8h | 1,495.6 | −0.065% | $267.9M | $616.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,495.8 | −0.053% | $184.0M | $1.33B | 50x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,495.7 | −0.056% | $56.6M | $185.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,496.3 | −0.015% | $239.3M | $802.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,495.9 | −0.046% | $102.8M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,495.9 | −0.047% | $161.5M | $288.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,495.2 | −0.094% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,492.9 | −0.246% | $48.8M | $34.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,493.9 | −0.177% | $572K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,492.1 | −0.296% | $3.1M | $514K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,494.6 | −0.132% | $411K | $946K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,494.4 | −0.146% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,495.8 | −0.051% | $358K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,494.1 | −0.162% | $164K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,493.5 | −0.205% | $456K | $469K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,498.5 | +0.132% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,496 | −0.041% | $253K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,494.7 | −0.127% | $2.7M | $20.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,496 | −0.037% | $4.0M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,495.9 | −0.042% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,495.8 | −0.049% | $43K | $151K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0108% | 1h | 1,496.6 | +0.001% | $683K | $1.4M | 25x | as long as short |
| Lighter RH ZEC | +0.0120% | 1h | 1,497.3 | +0.049% | $2.1M | $7.4M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0128% | 1h | 1,496.2 | −0.024% | $942K | $1.1M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0144% / S −0.0142% | 1h | 1,495.9 | −0.046% | $333K | — | 100x | as long as short |
| Lighter ZEC | +0.0216% | 1h | 1,497.5 | +0.060% | $19.8M | $45.6M | 20x | as long as short |
| Arcus ZEC-USDlong | +0.0403% | 1h | 1,496.6 | long leg | $618K | $8.7M | 10x | |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,496.6 | +0.003% | $3.7M | $9.9M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0538% | 1h | 1,494.8 | −0.120% | $2.3M | $3.8M | 15x | as long as short |
Ondo Perps ZEC-USD.P
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
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
Deribit ZEC_USDC-PERPETUAL
Lighter RH ZEC
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP