Funding you earn now, next payment 04:00 UTC+0.0526%/8h= +57.6% APRpaid last 24h +0.029%
Price spread now: Arcus against SunX−0.259%7-day average −0.072% · 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−$148as in the Price arb table
costs, in and out, $10k−$1291.290% of the position
Funding, last 4 days (all we have)+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)−0.183%−$18 · spread now −0.259%, 7d avg −0.072%
=Funding pays, the price is against you. Arcus is 0.187% cheaper against SunX than usual: you would sell low and buy high (spread −0.259% now, against its 7-day average of −0.072%). If the spread goes back, that is −$19 on $10k: about 29 hours of funding at the current rate (+$16 a day). At the pace of the last 4 days (+0.043% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.043% in total (about 4.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ZEC-USDT | 1,453 | 0.0100 | pay 0.0100% / 8h | 4h 42m | $3K | $1.2M | 20x |
| Short | Arcus ZEC-USD | 1,449.3 | 0.0626 | get 0.0078% / 1h | 42m 21s | $737K | $8.3M | 10x |
SunX ZEC-USDT
Arcus ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against SunX. 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
- $110.39
- Price spread: −0.259% → −0.072%
- −$18.74
- Slippage, 4 orders
- −$116.53
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$37.38
- Costs to cover
- 1.290%
- Break-even
- 9.4 days
Slippage from SunX: live order book, 1 min ago; Arcus: live order book, 2 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 SunX live order book, 1 min ago | 29.02 bp | 50.4 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 2 min ago | 0.63 bp | 3.8 bp −$4 | 19.6 bp −$196 | 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 | −0.3166% | 1h | 1,451.5 | −0.109% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,450.5 | −0.173% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0069% | 8h | 1,450.3 | −0.190% | $29.2M | $70.6M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,449.9 | −0.220% | $408K | $40K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,451.3 | −0.119% | $1.5M | $4.4M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,449 | −0.279% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,448.9 | −0.286% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0059% | 8h | 1,449 | −0.276% | $290K | $958K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0065% / S −0.0016% | 1h | 1,450.2 | −0.199% | $408K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,449.4 | −0.252% | $8K | $7K | 5x | 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]
01 Exchange ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,449.3 | −0.255% | $173K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,449.1 | −0.270% | $11K | $875K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,450 | −0.210% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,450.1 | −0.199% | $2.5M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,450.3 | −0.189% | $754.3M | $434.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,449.8 | −0.224% | $14.4M | $27.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,450.9 | −0.150% | $1.6M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,449.2 | −0.268% | $665.1M | $2.22B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,448.8 | −0.292% | $260.6M | $602.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,449.3 | −0.258% | $176.9M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,448.7 | −0.299% | $394K | $444K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,450.7 | −0.161% | $875K | $29K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,449.3 | −0.257% | $49.8M | $173.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,449.3 | −0.257% | $215.2M | $769.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,449.4 | −0.251% | $102.0M | $54.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,449.6 | −0.236% | $164.6M | $274.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,450.5 | −0.177% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,450.9 | −0.148% | $2.4M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,447.3 | −0.392% | $47.4M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,447.5 | −0.383% | $563K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,450.6 | −0.170% | $3.0M | $437K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,449.9 | −0.217% | $403K | $921K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,450.9 | −0.147% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,449 | −0.278% | $365K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,449.2 | −0.267% | $159K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,449.3 | −0.258% | $442K | $521K | 6.7x | as long as short |
| SunX ZEC-USDTlong | +0.0100% | 8h | 1,453 | long leg | $3K | $1.2M | 20x | |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,450.6 | −0.170% | $232K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,449.5 | −0.242% | $2.6M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,450.5 | −0.176% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,449.2 | −0.265% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,450.1 | −0.202% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,451.4 | −0.114% | $4.6M | $1.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0237% | 1h | 1,451 | −0.140% | $609K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0278% | 1h | 1,450.6 | −0.168% | $18.0M | $44.9M | 25x | as long as short |
| Lighter ZEC | +0.0320% | 1h | 1,452.1 | −0.067% | $19.1M | $45.9M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0412% | 1h | 1,449.5 | −0.246% | $919K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,452.9 | −0.012% | $3.8M | $9.0M | 50x | as long as short |
| Lighter RH ZEC | +0.0464% | 1h | 1,452.4 | −0.041% | $2.0M | $6.9M | 10x | as long as short |
| Arcus ZEC-USDshort | +0.0626% | 1h | 1,449.3 | −0.259% | $737K | $8.3M | 10x | |
| Aftermath Perps ZECUSD | +0.0672% | 1h | 1,449.8 | −0.221% | $44K | $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
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
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD