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: SoDEX against Arcus−0.075%7-day average −0.030% · 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−$23as in the Price arb table
costs, in and out, $10k−$180.185% of the position
Funding, last 3 days (all we have)−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)+0.389%+$39 · spread now −0.075%, 7d avg −0.030%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SoDEX is 0.045% cheaper against Arcus than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.030%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus ZEC-USD | 1,479.4 | 0.0221 | pay 0.0028% / 1h | 29m 40s | $633K | $8.6M | 10x |
| Short | SoDEX ZEC-USD | 1,478.3 | 0.0100 | get 0.0013% / 1h | 29m 40s | $252K | $3.5M | 10x |
Arcus ZEC-USD
SoDEX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: −0.075% → −0.030%
- −$4.54
- Slippage, 4 orders
- −$5.98
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$48.37
- Costs to cover
- 0.185%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 4 min ago; SoDEX: live order book, 4 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, 4 min ago | 1.05 bp | 6.4 bp −$6 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 4 min ago | 0.03 bp | 4.4 bp −$4 | 16.6 bp −$166 | 108.1 bp −$10.8K | 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 | −0.3684% | 1h | 1,462 | −1.175% | $36K | $275K | 12x | as long as short |
| Bulk ZEC-USD | −0.0166% | 1h | 1,477.1 | −0.156% | $892K | $9K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0131% | 8h | 1,478 | −0.098% | $30.5M | $73.8M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,478.5 | −0.064% | $17.9M | $47.2M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,478.4 | −0.066% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,477.7 | −0.116% | $411K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,479 | −0.029% | $1.5M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,477.4 | −0.134% | $63K | $303K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,478 | −0.093% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0077% | 8h | 1,478 | −0.094% | $298K | $1.1M | 20x | as long as short |
Injective ZEC/USDC PERP
Bulk ZEC-USD
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,478.3 | −0.077% | $163K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,477.1 | −0.153% | $10K | $869K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,478.5 | −0.058% | $2.7M | $7.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,477.5 | −0.132% | $13.8M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,478.1 | −0.092% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,477.9 | −0.103% | $688.0M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,476.9 | −0.167% | $265.0M | $632.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,477.3 | −0.142% | $179.1M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,475.2 | −0.285% | $403K | $508K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,477.4 | −0.135% | $54.2M | $182.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,477.6 | −0.126% | $241.1M | $784.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,478.3 | −0.075% | $101.2M | $57.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,477.4 | −0.136% | $158.9M | $288.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,476.6 | −0.192% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,478.8 | −0.045% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,477.6 | −0.121% | $48.1M | $34.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,476.5 | −0.198% | $565K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,478.1 | −0.089% | $3.0M | $498K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,476.9 | −0.171% | $406K | $935K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,476.9 | −0.169% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,478.2 | −0.082% | $357K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,478.3 | −0.076% | $162K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,473.4 | −0.406% | $450K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,480.9 | +0.099% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USDshort | +0.0100% | 1h | 1,478.3 | −0.075% | $252K | $3.5M | 10x | |
| HTX ZEC-USDT | +0.0100% | 8h | 1,477.7 | −0.119% | $2.6M | $19.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,478.7 | −0.051% | $3.9M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,477.7 | −0.116% | $61K | $43K | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0101% | 1h | 1,477.8 | −0.107% | $47K | $64K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,477.4 | −0.134% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,478.1 | −0.086% | $42K | $152K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,478.5 | −0.064% | $925K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,476.1 | −0.221% | $4.7M | $1.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0143% / S −0.0148% | 1h | 1,478.1 | −0.088% | $479K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0144% | 1h | 1,478.8 | −0.045% | $8K | $7K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0209% | 1h | 1,478.9 | −0.032% | $675K | $1.4M | 25x | as long as short |
| Arcus ZEC-USDlong | +0.0221% | 1h | 1,479.4 | long leg | $633K | $8.6M | 10x | |
| Hyperliquid ZEC | +0.0253% | 1h | 1,479.7 | +0.020% | $767.9M | $442.2M | 10x | as long as short |
| Lighter RH ZEC | +0.0256% | 1h | 1,478.4 | −0.070% | $2.1M | $7.4M | 10x | as long as short |
| Lighter ZEC | +0.0320% | 1h | 1,479.6 | +0.016% | $19.4M | $45.8M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,480.3 | +0.062% | $3.6M | $9.9M | 50x | as long as short |
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
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
HTX ZEC-USDT
Phemex ZECUSDT
Paradex ZEC-USD-PERP
Aftermath Perps ZECUSD
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
Deribit ZEC_USDC-PERPETUAL
Hyperliquid ZEC
Lighter RH ZEC
Lighter ZEC
Coinbase International ZEC-PERP-INTX