Funding you earn now, next payment 07:00 UTC−0.0121%/8h= −13.2% APRpaid last 24h −0.056%
Price spread now: Gate against Arcus−0.074%7-day average −0.044% · 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−$33as in the Price arb table
costs, in and out, $10k−$300.299% of the position
Funding, last 4 days (all we have)−0.130%−$13 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now −0.074%, 7d avg −0.044%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.030% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.044%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus ZEC-USD | 1,479 | 0.0221 | pay 0.0028% / 1h | 32m 41s | $638K | $8.6M | 10x |
| Short | Gate ZEC_USDT | 1,477.9 | 0.0100 | get 0.0100% / 8h | 1h 32m | $54.2M | $182.6M | 75x |
Arcus ZEC-USD
Gate ZEC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$25.35
- Price spread: −0.074% → −0.044%
- −$2.98
- Slippage, 4 orders
- −$10.42
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$58.26
- Costs to cover
- 0.299%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 1 min ago; Gate: 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 Arcus live order book, 1 min ago | 1.05 bp | 6.4 bp −$6 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 0.07 bp | 10.0 bp −$10 | 14.5 bp −$145 | 28.7 bp −$2,866 | 56.7 bp −$28.4K |
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 | −0.3684% | 1h | 1,477.8 | −0.079% | $36K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0130% | 8h | 1,476.4 | −0.179% | $30.6M | $73.7M | 75x | as long as short |
| Bulk ZEC-USD | −0.0118% | 1h | 1,480.8 | +0.123% | $895K | $15K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,476.6 | −0.161% | $17.9M | $47.1M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,476.9 | −0.144% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,477.6 | −0.093% | $411K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,477.5 | −0.104% | $1.5M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,476.4 | −0.175% | $63K | $303K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,476.8 | −0.150% | $5.2M | — | 150x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0035% | 1h | 1,477.2 | −0.124% | $675K | $1.4M | 25x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Bulk ZEC-USD
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Deribit ZEC_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0077% | 8h | 1,476.3 | −0.183% | $297K | $1.1M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,477.4 | −0.108% | $162K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,477.1 | −0.131% | $13K | $866K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,476.7 | −0.153% | $2.7M | $7.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,477.5 | −0.103% | $13.8M | $31.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,476.9 | −0.140% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,478 | −0.067% | $688.0M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,477.6 | −0.096% | $265.3M | $631.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,477.7 | −0.086% | $178.9M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,472.5 | −0.440% | $403K | $507K | 5x | as long as short |
| Gate ZEC_USDTshort | +0.0100% | 8h | 1,477.9 | −0.074% | $54.2M | $182.6M | 75x | |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,477.9 | −0.078% | $235.0M | $782.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,477.8 | −0.079% | $101.2M | $57.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,478.1 | −0.064% | $159.0M | $288.7M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,478 | −0.068% | — | $115.2M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,477.4 | −0.111% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,474.2 | −0.328% | $48.1M | $34.1M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,476.3 | −0.185% | $564K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,476.1 | −0.198% | $3.0M | $488K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,476.1 | −0.200% | $406K | $935K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,476.1 | −0.198% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,476.3 | −0.183% | $357K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,476.3 | −0.180% | $162K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,473.4 | −0.379% | $450K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,479.5 | +0.035% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,476.3 | −0.183% | $251K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,475.8 | −0.214% | $2.6M | $19.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,476.9 | −0.141% | $3.9M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,477.2 | −0.123% | $61K | $43K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,477.7 | −0.088% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,476.3 | −0.184% | $42K | $152K | 20x | as long as short |
| Aftermath Perps ZECUSD | +0.0120% | 1h | 1,477.8 | −0.084% | $47K | $64K | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0128% / S −0.0121% | 1h | 1,476.3 | −0.181% | $428K | — | 100x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,477.5 | −0.101% | $925K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,476.1 | −0.194% | $4.7M | $1.4M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0144% | 1h | 1,477.9 | −0.072% | $8K | $7K | 5x | as long as short |
| Arcus ZEC-USDlong | +0.0221% | 1h | 1,479 | long leg | $638K | $8.6M | 10x | |
| Hyperliquid ZEC | +0.0242% | 1h | 1,479.7 | +0.047% | $768.0M | $442.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0256% | 1h | 1,479.5 | +0.035% | $2.1M | $7.4M | 10x | as long as short |
| Lighter ZEC | +0.0304% | 1h | 1,479.7 | +0.049% | $19.4M | $45.8M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,478.8 | −0.016% | $3.6M | $9.9M | 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
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
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
Paradex ZEC-USD-PERP
Extended ZEC-USD
Aevo ZEC-PERP
Aftermath Perps ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDC
Phoenix ZEC
01 Exchange ZECUSD
Hyperliquid ZEC
Lighter RH ZEC
Lighter ZEC
Coinbase International ZEC-PERP-INTX