Funding you earn now, next payment 22:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h −0.025%
Price spread now: Hotstuff against dYdX−0.076%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hotstuff is 0.076% cheaper against dYdX than usual: you would sell low and buy high (−$8 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 | dYdX ZEC-USD | 1,452.2 | 0 | get 0.0000% / 1h | 37m 22s | $409K | $106K | 5x |
| Short | Hotstuff ZEC-PERP | 1,451.1 | −0.0080 | pay 0.0010% / 1h | 37m 22s | $6K | $2K | 10x |
dYdX ZEC-USD
Hotstuff ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against dYdX. 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
- −$16.8
- Price spread: −0.076% → 0.000%
- −$7.64
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$39.44
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: dYdX: live order book, 51 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 dYdX live order book, 51 min ago | 41.05 bp | 46.1 bp −$46 | 54.1 bp −$541 | 240.1 bp −$24.0K | 1175.4 bp −$587.7K |
| 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 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 | −0.3476% | 1h | 1,438.1 | −0.972% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERPshort | −0.0080% | 1h | 1,451.1 | −0.076% | $6K | $2K | 10x | |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,451.1 | −0.075% | $17.7M | $44.3M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0066% | 8h | 1,450.7 | −0.103% | $28.9M | $74.8M | 75x | as long as short |
| Variational Omni ZEC | −0.0017% | 8h | 1,451.4 | −0.058% | $45.5M | $32.1M | — | as long as short |
| dYdX ZEC-USDlong | 0.0000% | 1h | 1,452.2 | long leg | $409K | $106K | 5x | |
| Bybit ZECUSDT | 0.0000% | 8h | 1,450.4 | −0.124% | $268.7M | $675.2M | 75x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,451.3 | −0.065% | $898K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,451.8 | −0.032% | $82K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,451.9 | −0.024% | $591K | $1.3M | 25x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
Bybit ZECUSDT
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,451.3 | −0.062% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0013% | 8h | 1,451.3 | −0.063% | $291K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0032% / S +0.0069% | 1h | 1,451.1 | −0.080% | $544K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0053% | 8h | 1,451.2 | −0.070% | $172.0M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0068% | 8h | 1,451.6 | −0.044% | $49.1M | $186.7M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,452.6 | +0.023% | $8K | $8K | 5x | as long as short |
| Aster ZECUSDT | +0.0073% | 8h | 1,451.5 | −0.048% | $15.2M | $34.6M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0082% | 1h | 1,451 | −0.085% | $394K | $519K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0094% | 8h | 1,452.2 | +0.001% | $13K | $872K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,453 | +0.054% | $18.7M | $54.0M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,452.3 | +0.001% | $178K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,450.9 | −0.091% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,451.3 | −0.067% | $3.0M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,452.4 | +0.014% | $752.0M | $489.4M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,452.2 | −0.003% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,451.5 | −0.047% | $660.6M | $2.53B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,452.5 | +0.019% | $895K | $33K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,451.8 | −0.030% | $220.7M | $887.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,452.1 | −0.012% | $103.6M | $56.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,451.2 | −0.071% | $161.6M | $312.8M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,451.4 | −0.056% | — | $105.2M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,452.7 | +0.031% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,450.9 | −0.091% | $487K | $9.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.1 | −0.008% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,451.9 | −0.023% | $706K | $607K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,451 | −0.086% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,451.5 | −0.050% | $297K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,451.5 | −0.052% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,449.9 | −0.158% | $441K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,454.3 | +0.145% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,451.3 | −0.065% | $220K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,452.1 | −0.012% | $2.4M | $24.8M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,451.5 | −0.048% | $3.7M | $5.3M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.3 | +0.007% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,451.4 | −0.055% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,451.4 | −0.060% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,452.8 | +0.036% | $863K | $2.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,453.4 | +0.083% | $3.7M | $11.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0446% | 1h | 1,452.4 | +0.009% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,454.1 | +0.132% | $754K | $7.9M | 10x | as long as short |
| Lighter RH ZEC | +0.0736% | 1h | 1,454.4 | +0.151% | $1.9M | $8.4M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
01 Exchange ZECUSD
Aster ZECUSDT
Ondo Perps ZEC-USD.P
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
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
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC