Funding you earn now, next payment 02:00 UTC−0.0150%/8h= −16.5% APRnext payment −$0.19 per $10,000 · paid last 24h −0.031%
Price spread now: Aevo against Arcus−0.049%7-day average −0.025% · 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−$45as in the Price arb table
costs, in and out, $10k−$420.421% of the position
Funding, last 3 days (all we have)−0.050%−$5 on $10k
+Price spread, last 3 days (all we have)+0.354%+$35 · spread now −0.049%, 7d avg −0.025%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aevo is 0.025% cheaper against Arcus than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.025%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus ZEC-USD | 1,470.3 | 0.0254 | pay 0.0032% / 1h | 3m 59s | $696K | $8.6M | 10x |
| Short | Aevo ZEC-PERP | 1,469.6 | 0.0104 | get 0.0013% / 1h | 3m 59s | $48K | $155K | 20x |
Arcus ZEC-USD
Aevo ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo 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
- −$31.58
- Price spread: −0.049% → −0.025%
- −$2.45
- Slippage, 4 orders
- −$21.63
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$76.17
- Costs to cover
- 0.421%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 5 min ago; Aevo: live order book, 65 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, 5 min ago | 0.00 bp | 2.3 bp −$2 | 3.6 bp −$36 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 65 min ago | 3.23 bp | 15.7 bp −$16 | 18.8 bp −$188 | 29.0 bp −$2,905 | 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 | −0.3678% | 1h | 1,452 | −1.245% | $33K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,468.9 | −0.097% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0036% | 1h | 1,464.8 | −0.376% | $398K | $501K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,469.8 | −0.035% | $18.1M | $43.5M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,468.5 | −0.123% | $414K | $51K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,469.5 | −0.060% | $970K | $4.8M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,469.5 | −0.058% | $84K | $249K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,470.1 | −0.014% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0031% | 8h | 1,469.4 | −0.066% | $293K | $988K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,470 | −0.023% | $384K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,469 | −0.090% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,466.6 | −0.253% | $4.6M | $1.5M | 10x | as long as short |
| Variational Omni ZEC | +0.0072% | 8h | 1,466.6 | −0.252% | $47.9M | $32.6M | — | as long as short |
| OKX ZEC-USDT-SWAP | +0.0093% | 8h | 1,470 | −0.022% | $181.1M | $1.25B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,469.6 | −0.052% | $174K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,468.2 | −0.142% | $17K | $846K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468 | −0.160% | $61K | $40K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,469.8 | −0.039% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,470.5 | +0.012% | $766.0M | $434.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,469.9 | −0.030% | $14.8M | $29.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,468.3 | −0.136% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,470 | −0.020% | $679.3M | $2.27B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,470 | −0.024% | $271.8M | $608.7M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,466.6 | −0.255% | $890K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,469.8 | −0.033% | $50.2M | $177.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,469.8 | −0.034% | $216.5M | $802.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,469.6 | −0.050% | $103.3M | $55.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,469.8 | −0.037% | $163.2M | $277.3M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,468.6 | −0.120% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,466 | −0.294% | $570K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,467.5 | −0.192% | $3.0M | $453K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,466.3 | −0.275% | $426K | $884K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,467.1 | −0.223% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,469.6 | −0.050% | $344K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469.8 | −0.037% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,468.5 | −0.125% | $448K | $512K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,472.1 | +0.118% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,469.7 | −0.046% | $242K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,469.6 | −0.048% | $2.5M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,470 | −0.023% | $3.9M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,469.8 | −0.035% | $2.8M | $7.6M | 10x | as long as short |
| Aevo ZEC-PERPshort | +0.0104% | 1h | 1,469.6 | −0.049% | $48K | $155K | 20x | |
| Lighter ZEC | +0.0224% | 1h | 1,471.1 | +0.053% | $19.2M | $48.3M | 20x | as long as short |
| Arcus ZEC-USDlong | +0.0254% | 1h | 1,470.3 | long leg | $696K | $8.6M | 10x | |
| Deribit ZEC_USDC-PERPETUAL | +0.0270% | 1h | 1,470.5 | +0.011% | $612K | $1.3M | 25x | as long as short |
| Lighter RH ZEC | +0.0288% | 1h | 1,471.5 | +0.081% | $2.1M | $7.1M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,469.6 | −0.048% | $852K | $1.0M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0416% | 1h | 1,470.1 | −0.019% | $2.4M | $3.9M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,471.8 | +0.101% | $3.6M | $9.0M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0733% | 1h | 1,469.9 | −0.030% | $43K | $46K | 10x | as long as short |
01 Exchange ZECUSD
Phoenix ZEC
Variational Omni ZEC
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
Lighter RH ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD