Funding you earn now, next payment 23:00 UTC+0.0444%/8h= +48.7% APRnext payment +$0.56 per $10,000 · paid last 24h +0.060%
Price spread now: Arcus against dYdX+0.036%7-day average +0.029% · 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−$88as in the Price arb table
costs, in and out, $10k−$880.885% of the position
Funding, last 3 days (all we have)+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.036%, 7d avg +0.029%
=The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.047% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.56 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 | dYdX ZEC-USD | 1,469.5 | 0 | get 0.0000% / 1h | 7m 55s | $414K | $104K | 5x |
| Short | Arcus ZEC-USD | 1,470 | 0.0444 | get 0.0056% / 1h | 7m 55s | $720K | $8.2M | 10x |
dYdX ZEC-USD
Arcus ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against dYdX. 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
- $93.33
- Price spread: +0.036% → +0.029%
- $0.7
- Slippage, 4 orders
- −$73.95
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $5.57
- Costs to cover
- 0.885%
- Break-even
- 6.6 days
Slippage from dYdX: live order book, 11 min ago; Arcus: live order book, 1 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 dYdX live order book, 11 min ago | 30.89 bp | 43.2 bp −$43 | 53.0 bp −$530 | 89.5 bp −$8,951 | 310.7 bp −$155.4K |
| Sell Arcus live order book, 1 min ago | 1.02 bp | 3.9 bp −$4 | 8.7 bp −$87 | 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 | 1,469.5 | +0.003% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0404% | 1h | 1,468.9 | −0.040% | $17.9M | $44.5M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0249% | 1h | 1,466.9 | −0.175% | $398K | $515K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0118% | 8h | 1,468.8 | −0.048% | $29.3M | $75.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,469.1 | −0.024% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0074% | 8h | 1,467.9 | −0.110% | $271.8M | $665.1M | 75x | as long as short |
| Variational Omni ZEC | −0.0034% | 8h | 1,466.7 | −0.189% | $46.6M | $33.4M | — | as long as short |
| dYdX ZEC-USDlong | 0.0000% | 1h | 1,469.5 | long leg | $414K | $104K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,469.4 | −0.003% | $889K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,468.9 | −0.040% | $83K | $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
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,468.9 | −0.037% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0009% | 8h | 1,468.1 | −0.091% | $294K | $1.4M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0010% | 1h | 1,469.1 | −0.026% | $598K | $1.3M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0038% / S +0.0009% | 1h | 1,468.5 | −0.065% | $359K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0040% | 8h | 1,468.3 | −0.078% | $177.7M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0045% | 8h | 1,468.7 | −0.052% | $50.0M | $187.2M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,469.4 | −0.003% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,468.2 | −0.086% | $4.6M | $1.6M | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0088% | 1h | 1,467.7 | −0.121% | $430K | $825K | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,468.8 | −0.047% | $174K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,469.5 | −0.001% | $13K | $823K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468.7 | −0.053% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,469.6 | +0.012% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,469.7 | +0.016% | $762.7M | $477.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,468.8 | −0.045% | $15.6M | $32.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,469.5 | −0.001% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,468.5 | −0.067% | $677.4M | $2.47B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,467.7 | −0.118% | $906K | $27K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,468.4 | −0.073% | $222.9M | $871.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,468.6 | −0.057% | $103.7M | $55.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,468.6 | −0.059% | $162.3M | $303.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,467.5 | −0.137% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,467.4 | −0.138% | $511K | $9.3M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,467.5 | −0.137% | $3.0M | $481K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,469.4 | −0.004% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,468.8 | −0.046% | $346K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,468.3 | −0.082% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,466.8 | −0.179% | $447K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,471 | +0.103% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,468.4 | −0.071% | $223K | $4.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,468.1 | −0.091% | $2.5M | $23.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,468.8 | −0.046% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,469.1 | −0.024% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,467.8 | −0.116% | $37K | $366K | 20x | as long as short |
| Lighter ZEC | +0.0120% | 1h | 1,470.2 | +0.052% | $19.0M | $52.8M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,469.4 | −0.008% | $843K | $1.3M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0190% | 1h | 1,469.4 | −0.004% | $2.4M | $3.7M | 15x | as long as short |
| Lighter RH ZEC | +0.0416% | 1h | 1,471.2 | +0.116% | $2.0M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,470.4 | +0.062% | $3.8M | $11.5M | 50x | as long as short |
| Arcus ZEC-USDshort | +0.0444% | 1h | 1,470 | +0.036% | $720K | $8.2M | 10x | |
| Aftermath Perps ZECUSD | +0.0591% | 1h | 1,468.5 | −0.063% | $41K | $34K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
01 Exchange ZECUSD
Phoenix ZEC
ApeX Omni ZECUSDT
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
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
Lighter ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD