Funding you earn now, next payment 23:00 UTC−0.0344%/8h= −37.7% APRnext payment −$0.43 per $10,000 · paid last 24h −0.030%
Price spread now: StandX against Arcus−0.243%7-day average −0.031% · 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−$50as in the Price arb table
costs, in and out, $10k−$290.289% of the position
Funding, last 3 days (all we have)−0.039%−$4 on $10k
+Price spread, last 7 days+0.160%+$16 · spread now −0.243%, 7d avg −0.031%
=Together, before fees+0.121%+ Points / potential airdropStandX: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and StandX is 0.213% cheaper against Arcus than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.039% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.43 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 | Arcus ZEC-USD | 1,473.5 | 0.0444 | pay 0.0056% / 1h | 4m 59s | $715K | $8.2M | 10x |
| Short | StandX ZEC-USD | 1,470 | 0.0100 | get 0.0013% / 1h | 4m 59s | $110K | $4.8M | 30x |
Arcus ZEC-USD
StandX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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
- −$72.33
- Price spread: −0.243% → −0.031%
- −$21.25
- Slippage, 4 orders
- −$16.4
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$122.48
- Costs to cover
- 0.289%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 4 min ago; StandX: live order book, 4 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, 4 min ago | 1.02 bp | 5.4 bp −$5 | 10.7 bp −$107 | doesn't fit | doesn't fit |
| Sell StandX live order book, 4 min ago | 5.04 bp | 10.4 bp −$10 | 12.9 bp −$129 | 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 | 1,472 | −0.106% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0403% | 1h | 1,471.7 | −0.127% | $17.9M | $44.9M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0258% | 1h | 1,470.5 | −0.206% | $398K | $517K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0108% | 8h | 1,471.5 | −0.142% | $29.3M | $75.7M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.6 | −0.062% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0075% | 8h | 1,470.9 | −0.182% | $272.4M | $665.8M | 75x | as long as short |
| Variational Omni ZEC | −0.0036% | 8h | 1,470.8 | −0.188% | $46.7M | $33.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,472.4 | −0.081% | $415K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,473 | −0.036% | $889K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,472.3 | −0.082% | $84K | $404K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,472.4 | −0.075% | $599K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,472.5 | −0.071% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0009% | 8h | 1,471.8 | −0.118% | $294K | $1.4M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0038% / S +0.0009% | 1h | 1,472.3 | −0.082% | $360K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0040% | 8h | 1,471.4 | −0.146% | $178.4M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0045% | 8h | 1,471.3 | −0.150% | $50.2M | $187.6M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,473 | −0.035% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,473.5 | −0.002% | $4.6M | $1.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,472.4 | −0.078% | $176K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,473 | −0.034% | $11K | $822K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,472.2 | −0.090% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,473.3 | −0.018% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,472.4 | −0.077% | $764.0M | $478.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,471.7 | −0.122% | $15.6M | $32.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,473.2 | −0.025% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,471.5 | −0.137% | $679.1M | $2.47B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,467.7 | −0.393% | $906K | $27K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,471.4 | −0.148% | $223.1M | $872.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,471.4 | −0.143% | $103.9M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,471.5 | −0.141% | $162.8M | $304.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,470.8 | −0.186% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,468.6 | −0.333% | $512K | $9.3M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468.9 | −0.314% | $3.0M | $482K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,469.2 | −0.296% | $431K | $826K | 50x | as long as short |
| StandX ZEC-USDshort | +0.0100% | 1h | 1,470 | −0.243% | $110K | $4.8M | 30x | |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,472.4 | −0.077% | $348K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,472.1 | −0.100% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470.3 | −0.217% | $448K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474.8 | +0.087% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,471.4 | −0.146% | $226K | $4.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,471.9 | −0.111% | $2.5M | $23.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,472.2 | −0.093% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,471.7 | −0.123% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,471.2 | −0.158% | $37K | $366K | 20x | as long as short |
| Lighter ZEC | +0.0120% | 1h | 1,473.1 | −0.031% | $19.1M | $52.8M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,473 | −0.035% | $835K | $1.3M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0204% | 1h | 1,472.3 | −0.082% | $2.4M | $3.7M | 15x | as long as short |
| Lighter RH ZEC | +0.0408% | 1h | 1,473.5 | 0.000% | $2.0M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,474 | +0.034% | $3.8M | $11.5M | 50x | as long as short |
| Arcus ZEC-USDlong | +0.0444% | 1h | 1,473.5 | long leg | $715K | $8.2M | 10x | |
| Aftermath Perps ZECUSD | +0.0605% | 1h | 1,470.4 | −0.213% | $41K | $34K | 10x | as long as short |
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
01 Exchange ZECUSD
Phoenix ZEC
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-USDC
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
Lighter ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD