Funding you earn now, next payment 05:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.052%
Price spread now: Arcus against OKX+0.118%7-day average +0.046% · 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−$13as in the Price arb table
costs, in and out, $10k−$200.200% of the position
Funding, last 4 days (all we have)+0.115%+$11 on $10k
+Price spread, last 7 days−0.065%−$7 · spread now +0.118%, 7d avg +0.046%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Arcus is 0.072% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZEC-USDT-SWAP | 1,456.6 | 0.0100 | pay 0.0100% / 8h | 3h 26m | $178.7M | $1.22B | 50x |
| Short | Arcus ZEC-USD | 1,458.3 | 0.0344 | get 0.0043% / 1h | 26m 07s | $697K | $8.2M | 10x |
OKX ZEC-USDT-SWAP
Arcus ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against OKX. 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
- $51.15
- Price spread: +0.118% → +0.046%
- $7.18
- Slippage, 4 orders
- −$5.54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $38.3
- Costs to cover
- 0.200%
- Break-even
- 1.8 days
Slippage from OKX: 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 OKX live order book, 3 min ago | 0.03 bp | 5.7 bp −$6 | 8.0 bp −$80 | 16.1 bp −$1,612 | doesn't fit |
| Sell Arcus live order book, 3 min ago | 0.51 bp | 6.0 bp −$6 | 10.2 bp −$102 | 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 | −0.3042% | 1h | 1,457.6 | +0.071% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,456.9 | +0.018% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0070% | 8h | 1,456.5 | −0.006% | $29.4M | $70.7M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,456.3 | −0.019% | $410K | $36K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,456.6 | +0.001% | $83K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,456.3 | −0.023% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,456.4 | −0.012% | $291K | $944K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0084% / S −0.0034% | 1h | 1,456.1 | −0.031% | $434K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,456.8 | +0.017% | $174K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,456.6 | +0.001% | $14K | $820K | 10x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
Katana Perps ZEC-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,456.6 | −0.001% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,456.6 | +0.002% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,456.5 | −0.009% | $14.5M | $28.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,456.9 | +0.023% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,456.7 | +0.010% | $670.4M | $2.19B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,456.1 | −0.035% | $261.0M | $599.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAPlong | +0.0100% | 8h | 1,456.6 | long leg | $178.7M | $1.22B | 50x | |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,455.7 | −0.061% | $395K | $434K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,453.9 | −0.187% | $878K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,456.5 | −0.009% | $51.4M | $171.6M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,456.7 | +0.010% | $218.5M | $770.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,456.6 | −0.003% | $102.8M | $53.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,456.9 | +0.021% | $165.7M | $269.9M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,456.5 | −0.009% | — | $105.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,457 | +0.029% | $47.8M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,456.1 | −0.034% | $567K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,456.5 | −0.006% | $3.0M | $463K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,457.4 | +0.055% | $403K | $944K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,456.2 | −0.027% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,456.4 | −0.013% | $354K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,456.3 | −0.022% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,455.3 | −0.086% | $444K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,458.9 | +0.159% | $4K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,456.5 | −0.006% | $233K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,456 | −0.043% | $2.7M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,456.8 | +0.013% | $3.8M | $4.9M | 50x | as long as short |
| Lighter RH ZEC | +0.0104% | 1h | 1,458.1 | +0.102% | $2.1M | $7.0M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,456.3 | −0.017% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,456.3 | −0.023% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,456.9 | +0.019% | $4.6M | $1.3M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,457.1 | +0.033% | $8K | $7K | 5x | as long as short |
| Lighter ZEC | +0.0144% | 1h | 1,458 | +0.099% | $19.2M | $45.0M | 20x | as long as short |
| Hyperliquid ZEC | +0.0148% | 1h | 1,457.8 | +0.083% | $759.0M | $426.2M | 10x | as long as short |
| Kalshi KXZECPERP | +0.0160% | 8h | 1,457 | +0.027% | $1.5M | $4.4M | 2.2x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0174% | 1h | 1,457.1 | +0.038% | $2.4M | $3.8M | 15x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,456.6 | 0.000% | $921K | $1.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0255% | 1h | 1,457.1 | +0.035% | $613K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0333% | 1h | 1,456.3 | −0.019% | $18.0M | $45.3M | 25x | as long as short |
| Arcus ZEC-USDshort | +0.0344% | 1h | 1,458.3 | +0.118% | $697K | $8.2M | 10x | |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,458.9 | +0.159% | $3.8M | $9.2M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0672% | 1h | 1,456.4 | −0.016% | $45K | $49K | 10x | as long as short |
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
Lighter RH ZEC
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
01 Exchange ZECUSD
Lighter ZEC
Hyperliquid ZEC
Kalshi KXZECPERP
Backpack ZEC_USDC_PERP
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD