ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0552%/8h= −60.4% APRnext payment −$0.69 per $10,000 · paid last 24h −0.134%

Price spread now: Hotstuff against Coinbase International−0.384%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Hotstuff is 0.384% cheaper against Coinbase International than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ZEC-PERP-INTX	1,478.3	0.0472	pay 0.0059% / 1h	32m 06s	$3.7M	$9.7M	50x
Short	Hotstuff ZEC-PERP	1,472.6	−0.0080	pay 0.0010% / 1h	32m 06s	$6K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee HotstuffbpOrdersPrice spread, now −0.384%Rate

Funding earned: −$115.92
Price spread: −0.384% → 0.000%: −$38.42
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$169.34
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 2 min ago; Hotstuff: no order-book sample. Net counts fees only.

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 Coinbase International live order book, 2 min ago	2.00 bp	13.6 bp −$14	16.2 bp −$162	51.2 bp −$5,117	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZEC on 50 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	−0.3678%	1h	1,471.7	−0.442%	$34K	$274K	12x	as long as short
Hotstuff ZEC-PERPshort	−0.0080%	1h	1,472.6	−0.384%	$6K	$1K	10x
Ondo Perps ZEC-USD.P	−0.0018%	1h	1,471.7	−0.444%	$399K	$518K	5x	as long as short
Kraken Futures PF_ZECUSD	−0.0002%	1h	1,476.6	−0.112%	$18.1M	$43.6M	25x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,473.7	−0.313%	$415K	$56K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,476.5	−0.120%	$976K	$5.0M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,474.4	−0.262%	$84K	$258K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,476.5	−0.120%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0027%	8h	1,476.5	−0.119%	$295K	$1.1M	20x	as long as short
Variational Omni ZEC	+0.0033%	8h	1,470.4	−0.531%	$47.9M	$33.3M	—	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0009%	1h	1,476.4	−0.125%	$386K	—	100x	as long as short
01 Exchange ZECUSD	+0.0056%	1h	1,475.4	−0.196%	$8K	$9K	5x	as long as short
Phoenix ZEC	+0.0070%	1h	1,471.2	−0.478%	$4.7M	$1.5M	10x	as long as short
OKX ZEC-USDT-SWAP	+0.0093%	8h	1,475.8	−0.166%	$181.5M	$1.28B	50x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,475.6	−0.183%	$174K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,474.8	−0.235%	$16K	$839K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,474.7	−0.244%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,476	−0.151%	$2.6M	$6.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,477	−0.086%	$768.8M	$444.5M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,476.7	−0.103%	$14.9M	$31.0M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,475	−0.220%	$1.7M	$2.7M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,476.3	−0.131%	$681.9M	$2.34B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,475.6	−0.178%	$272.2M	$625.7M	75x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,470.5	−0.527%	$893K	$19K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,476.2	−0.143%	$50.1M	$175.3M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,476.1	−0.145%	$217.5M	$797.8M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,476.5	−0.118%	$103.9M	$56.2M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,476	−0.151%	$163.9M	$285.2M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,475.9	−0.162%	—	$100.6M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,471.3	−0.475%	$572K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,472.9	−0.363%	$3.0M	$443K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,471.9	−0.433%	$428K	$907K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,472.5	−0.391%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,476.5	−0.120%	$339K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,476.6	−0.112%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,475	−0.220%	$459K	$510K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,477.1	−0.077%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,476.5	−0.120%	$243K	$3.8M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,475.3	−0.201%	$2.6M	$19.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,476.1	−0.145%	$3.9M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,476.3	−0.133%	$3.2M	$7.1M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,476.8	−0.102%	$48K	$167K	20x	as long as short
Arcus ZEC-USD	+0.0254%	1h	1,475.7	−0.174%	$689K	$8.7M	10x	as long as short
Lighter ZEC	+0.0264%	1h	1,477.3	−0.068%	$19.3M	$48.1M	20x	as long as short
Lighter RH ZEC	+0.0296%	1h	1,477.7	−0.037%	$2.1M	$7.1M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0344%	1h	1,477.4	−0.057%	$615K	$1.3M	25x	as long as short
RISEx ZEC/USDC	+0.0374%	1h	1,475.6	−0.183%	$866K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTXlong	+0.0472%	1h	1,478.3	long leg	$3.7M	$9.7M	50x
Backpack ZEC_USDC_PERP	+0.0513%	1h	1,476.9	−0.095%	$2.5M	$3.9M	15x	as long as short
Aftermath Perps ZECUSD	+0.0722%	1h	1,472.5	−0.391%	$44K	$46K	10x	as long as short