Funding you earn now, next payment 03:00 UTC−0.0177%/8h= −19.4% APRpaid last 24h −0.029%
Price spread now: edgeX against Arcus+0.125%7-day average −0.101% · 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+$3as in the Price arb table
costs, in and out, $10k−$200.201% of the position
Funding, last 4 days (all we have)−0.045%−$4 on $10k
+Price spread, last 7 days−0.219%−$22 · spread now +0.125%, 7d avg −0.101%
=Together, before fees−0.263%+ Points / potential airdropedgeX: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.227% dearer against Arcus than usual: you sell high and buy low (spread +0.125% now, against its 7-day average of −0.101%): +$23 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4.3 days. At the pace of the last 4 days (−0.045% in total) that is about 18 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus ZEC-USD | 1,455.2 | 0.0277 | pay 0.0035% / 1h | 8m 59s | $711K | $8.5M | 10x |
| Short | edgeX ZECUSDC | 1,457.1 | 0.0100 | get 0.0050% / 4h | 1h 08m | $568K | $8.7M | 20x |
Arcus ZEC-USD
edgeX ZECUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$37.19
- Price spread: +0.125% → −0.101%
- $22.69
- Slippage, 4 orders
- −$6.63
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$34.63
- Costs to cover
- 0.201%
- Break-even
- from the start
Slippage from Arcus: live order book, 5 min ago; edgeX: live order book, 5 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 | 0.51 bp | 4.6 bp −$5 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 5 min ago | 0.34 bp | 5.0 bp −$5 | 9.3 bp −$93 | 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 | −0.3244% | 1h | 1,455.6 | +0.022% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,454.2 | −0.073% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0078% | 8h | 1,453 | −0.151% | $29.3M | $70.6M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,453.8 | −0.101% | $409K | $42K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,454 | −0.086% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,453.2 | −0.144% | $83K | $241K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,452.9 | −0.163% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0052% | 8h | 1,452.6 | −0.180% | $291K | $966K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0061% / S −0.0011% | 1h | 1,452.8 | −0.171% | $408K | — | 100x | as long as short |
| Phoenix ZEC | +0.0074% | 1h | 1,455 | −0.018% | $4.6M | $1.4M | 10x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,453.7 | −0.109% | $172K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,453.4 | −0.129% | $13K | $866K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,454 | −0.084% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,453.9 | −0.091% | $2.6M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,454.5 | −0.051% | $755.8M | $433.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,453.2 | −0.141% | $14.5M | $28.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,453.5 | −0.118% | $1.6M | $2.5M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,453.8 | −0.100% | $666.5M | $2.23B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,453.2 | −0.138% | $262.4M | $605.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,453.8 | −0.098% | $177.8M | $1.23B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,455.3 | +0.004% | $396K | $432K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.5 | +0.152% | $883K | $21K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,453.3 | −0.133% | $50.1M | $175.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,453.7 | −0.108% | $213.7M | $781.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,453.6 | −0.115% | $101.8M | $55.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,453.6 | −0.114% | $161.5M | $273.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,452.8 | −0.166% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,456.4 | +0.078% | $47.6M | $32.8M | — | as long as short |
| edgeX ZECUSDCshort | +0.0100% | 4h | 1,457.1 | +0.125% | $568K | $8.7M | 20x | |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,457.6 | +0.159% | $3.0M | $432K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,456.2 | +0.064% | $410K | $911K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,458 | +0.192% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,452.8 | −0.168% | $367K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,453 | −0.157% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,451.8 | −0.233% | $443K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,455.3 | +0.005% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,452.9 | −0.162% | $232K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,452.6 | −0.180% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,453.6 | −0.116% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,453.3 | −0.132% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,452.4 | −0.199% | $47K | $153K | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0106% | 1h | 1,453.9 | −0.094% | $2.4M | $3.8M | 15x | as long as short |
| 01 Exchange ZECUSD | +0.0136% | 1h | 1,453.6 | −0.111% | $8K | $7K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0196% | 1h | 1,452.6 | −0.183% | $18.0M | $44.7M | 25x | as long as short |
| Lighter ZEC | +0.0232% | 1h | 1,454.3 | −0.067% | $19.1M | $46.8M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0275% | 1h | 1,453.5 | −0.120% | $611K | $1.3M | 25x | as long as short |
| Arcus ZEC-USDlong | +0.0277% | 1h | 1,455.2 | long leg | $711K | $8.5M | 10x | |
| Lighter RH ZEC | +0.0352% | 1h | 1,454.6 | −0.044% | $2.0M | $6.9M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,454 | −0.085% | $832K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,454.2 | −0.069% | $3.7M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0692% | 1h | 1,457.3 | +0.144% | $45K | $49K | 10x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
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
Aevo ZEC-PERP
Backpack ZEC_USDC_PERP
01 Exchange ZECUSD
Kraken Futures PF_ZECUSD
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD