Settings8H · net · $10k
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Funding arb · Price arb /

ZEC

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 05:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.071%
Price spread now: Arcus against Bybit+0.153%7-day average +0.045% · 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−$9as in the Price arb table
costs, in and out, $10k−$200.198% of the position
Long on BybitShort on Arcus
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.103%+$10 on $10k
Price spread, last 7 days−0.076%−$8 · spread now +0.153%, 7d avg +0.045%
Together, before fees+0.028%+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Arcus is 0.107% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZECUSDT1,456.10.0100pay 0.0100% / 8h3h 26m$261.0M$599.2M75x
ShortArcus ZEC-USD1,458.30.0344get 0.0043% / 1h26m 09s$697K$8.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$51.15
Price spread: +0.153% → +0.045%
$10.73
Slippage, 4 orders
−$4.31
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$42.08
Costs to cover
0.198%
Break-even
1.2 days
Slippage from Bybit: live order book, 3 min ago; Arcus: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago0.03 bp5.5 bp −$68.4 bp −$8416.8 bp −$1,680doesn't fit
Sell Arcus live order book, 3 min ago0.51 bp6.0 bp −$610.2 bp −$102doesn't fitdoesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3042%1h1,457.6+0.106%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,456.9+0.053%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,456.5+0.029%$29.4M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,456.3+0.016%$410K$36K5xas long as short
Perpl ZEC0.0000%43m1,456.6+0.036%$83K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,456.3+0.012%$5.2M—150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,456.4+0.023%$291K$944K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0084% / S −0.0034%1h1,456.1+0.004%$434K—100xas long as short
Popdex ZECUSDT+0.0096%1h1,456.8+0.052%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,456.6+0.036%$14K$820K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ZEC-USD-PERP+0.0100%8h1,456.6+0.034%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456.6+0.037%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,456.5+0.026%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,456.9+0.058%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.7+0.045%$670.4M$2.19B75xas long as short
Bybit ZECUSDTlong+0.0100%8h1,456.1long leg$261.0M$599.2M75x
OKX ZEC-USDT-SWAP+0.0100%8h1,456.6+0.035%$178.7M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.7−0.026%$395K$434K5xas long as short
Bulk ZEC-USD+0.0100%1h1,453.9−0.152%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,456.5+0.026%$51.4M$171.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.7+0.045%$218.5M$770.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456.6+0.032%$102.8M$53.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,456.9+0.056%$165.7M$269.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,456.5+0.026%—$105.7M—as long as short
Variational Omni ZEC+0.0100%8h1,457+0.064%$47.8M$32.8M—as long as short
edgeX ZECUSDC+0.0100%4h1,456.1+0.001%$567K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.5+0.029%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457.4+0.090%$403K$944K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.2+0.008%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.4+0.022%$354K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,456.3+0.013%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,455.3−0.051%$444K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,458.9+0.194%$4K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,456.5+0.029%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,456−0.008%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,456.8+0.048%$3.8M$4.9M50xas long as short
Lighter RH ZEC+0.0104%1h1,458.1+0.137%$2.1M$7.0M10xas long as short
Extended ZEC-USD+0.0104%1h1,456.3+0.018%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,456.3+0.012%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,456.9+0.054%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,457.1+0.068%$8K$7K5xas long as short
Lighter ZEC+0.0144%1h1,458+0.134%$19.2M$45.0M20xas long as short
Hyperliquid ZEC+0.0148%1h1,457.8+0.118%$759.0M$426.2M10xas long as short
Kalshi KXZECPERP+0.0160%8h1,457+0.062%$1.5M$4.4M2.2xas long as short
Backpack ZEC_USDC_PERP+0.0174%1h1,457.1+0.073%$2.4M$3.8M15xas long as short
RISEx ZEC/USDC+0.0216%1h1,456.6+0.035%$921K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0255%1h1,457.1+0.070%$613K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,456.3+0.016%$18.0M$45.3M25xas long as short
Arcus ZEC-USDshort+0.0344%1h1,458.3+0.153%$697K$8.2M10x
Coinbase International ZEC-PERP-INTX+0.0464%1h1,458.9+0.194%$3.8M$9.2M50xas long as short
Aftermath Perps ZECUSD+0.0672%1h1,456.4+0.019%$45K$49K10xas long as short