Funding you earn now, next payment 07:00 UTC+0.0121%/8h= +13.2% APRnext payment +$0.15 per $10,000 · paid last 24h +0.054%
Price spread now: Arcus against SoDEX+0.050%7-day average +0.030% · 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−$18as in the Price arb table
costs, in and out, $10k−$200.195% of the position
Funding, last 3 days (all we have)+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−0.364%−$36 · spread now +0.050%, 7d avg +0.030%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Arcus is 0.020% dearer against SoDEX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ZEC-USD | 1,488.1 | 0.0100 | pay 0.0013% / 1h | 20m 59s | $253K | $3.5M | 10x |
| Short | Arcus ZEC-USD | 1,488.8 | 0.0221 | get 0.0028% / 1h | 20m 59s | $632K | $8.7M | 10x |
SoDEX ZEC-USD
Arcus ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against SoDEX. 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
- $25.35
- Price spread: +0.050% → +0.030%
- $2.04
- Slippage, 4 orders
- −$7.04
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $7.84
- Costs to cover
- 0.195%
- Break-even
- 4.8 days
Slippage from SoDEX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SoDEX live order book, 3 min ago | 0.24 bp | 4.5 bp −$5 | 13.2 bp −$132 | 97.8 bp −$9,782 | doesn't fit |
| Sell Arcus live order book, 3 min ago | 0.00 bp | 2.3 bp −$2 | 6.5 bp −$65 | doesn't fit | doesn't fit |
ZEC on 50 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 | −0.3684% | 1h | 1,461.9 | −1.758% | $36K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0147% | 8h | 1,488.2 | +0.009% | $30.5M | $74.5M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,488.3 | +0.019% | $18.0M | $46.6M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,486.9 | −0.076% | $6K | $1K | 10x | as long as short |
| Bulk ZEC-USD | −0.0051% | 1h | 1,487.2 | −0.061% | $898K | $9K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,486.7 | −0.093% | $413K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,487.8 | −0.019% | $1.6M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,487.2 | −0.056% | $62K | $304K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,487.2 | −0.058% | $5.3M | — | 150x | as long as short |
| Aftermath Perps ZECUSD | +0.0075% | 1h | 1,482.8 | −0.352% | $47K | $64K | 10x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
Bulk ZEC-USD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Aftermath Perps ZECUSDShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0078% | 8h | 1,487.9 | −0.013% | $300K | $1.1M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,487.1 | −0.068% | $168K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,486.6 | −0.095% | $12K | $876K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,487.8 | −0.016% | $2.7M | $7.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,487.6 | −0.030% | $13.9M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,487.8 | −0.017% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,488.1 | 0.000% | $693.4M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,487.4 | −0.047% | $265.9M | $633.4M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,487.8 | −0.017% | $180.1M | $1.32B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,484.2 | −0.259% | $406K | $512K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,488.3 | +0.017% | $54.6M | $184.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,488.1 | +0.003% | $243.4M | $788.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,487.1 | −0.067% | $102.0M | $57.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,488 | −0.003% | $160.3M | $289.1M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,487.7 | −0.024% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,480.4 | −0.514% | $48.2M | $34.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,485.6 | −0.167% | $570K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,487.2 | −0.057% | $3.0M | $511K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,486.6 | −0.101% | $409K | $942K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,487.9 | −0.013% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,487 | −0.071% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,487 | −0.070% | $163K | $184K | 20x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,490 | +0.133% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USDlong | +0.0100% | 1h | 1,488.1 | long leg | $253K | $3.5M | 10x | |
| HTX ZEC-USDT | +0.0100% | 8h | 1,487.1 | −0.064% | $2.7M | $20.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,488.5 | +0.027% | $4.0M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,487.8 | −0.018% | $61K | $43K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,488 | −0.006% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,488.2 | +0.008% | $43K | $152K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0128% | 1h | 1,487.4 | −0.045% | $8K | $7K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,487.1 | −0.067% | $931K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0132% | 1h | 1,489.3 | +0.084% | $2.3M | $3.9M | 15x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,487.9 | −0.008% | $4.7M | $1.4M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0143% | 1h | 1,488.6 | +0.035% | $680K | $1.4M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0149% / S −0.0162% | 1h | 1,488.4 | +0.020% | $482K | — | 100x | as long as short |
| Arcus ZEC-USDshort | +0.0221% | 1h | 1,488.8 | +0.050% | $632K | $8.7M | 10x | |
| Hyperliquid ZEC | +0.0232% | 1h | 1,489.7 | +0.110% | $773.9M | $442.2M | 10x | as long as short |
| Lighter RH ZEC | +0.0248% | 1h | 1,489.7 | +0.112% | $2.1M | $7.4M | 10x | as long as short |
| Lighter ZEC | +0.0304% | 1h | 1,489.9 | +0.120% | $19.7M | $46.0M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,489.4 | +0.091% | $3.7M | $10.0M | 50x | as long as short |
Orderly PERP_ZEC_USDC
Popdex ZECUSDT
Katana Perps ZEC-USD
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
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
SunX ZEC-USDT
HTX ZEC-USDT
Phemex ZECUSDT
Paradex ZEC-USD-PERP
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Phoenix ZEC
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
Hyperliquid ZEC
Lighter RH ZEC
Lighter ZEC
Coinbase International ZEC-PERP-INTX