Funding you earn now, next payment 22:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.054%
Price spread now: KuCoin against Hotstuff+0.259%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.259% dearer against Hotstuff than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff ZEC-PERP | 1,450.2 | −0.0080 | get 0.0010% / 1h | 29m 30s | $6K | $2K | 10x |
| Short | KuCoin ZECUSDTM | 1,454 | 0.0100 | get 0.0100% / 8h | 2h 29m | $103.4M | $56.9M | 75x |
Hotstuff ZEC-PERP
KuCoin ZECUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Hotstuff. 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
- $37.8
- Price spread: +0.259% → 0.000%
- $25.86
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $46.66
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Hotstuff: no order-book sample; KuCoin: live order book, 5 min ago. 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 5 min ago | 0.04 bp | 10.0 bp −$10 | 13.4 bp −$134 | 35.9 bp −$3,588 | doesn't fit |
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 | 1,433.1 | −1.179% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0092% | 8h | 1,445.6 | −0.320% | $28.8M | $74.8M | 75x | as long as short |
| Hotstuff ZEC-PERPlong | −0.0080% | 1h | 1,450.2 | long leg | $6K | $2K | 10x | |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,451.9 | +0.112% | $17.7M | $44.7M | 25x | as long as short |
| Variational Omni ZEC | −0.0001% | 8h | 1,443 | −0.496% | $45.4M | $32.5M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,453.3 | +0.208% | $409K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,449.2 | −0.074% | $907K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,449.7 | −0.037% | $82K | $401K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,451.1 | +0.058% | $5.1M | — | 150x | as long as short |
| Bybit ZECUSDT | +0.0010% | 8h | 1,452.7 | +0.170% | $267.5M | $675.5M | 75x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Bybit ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,451.5 | +0.085% | $291K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0027% / S +0.0071% | 1h | 1,450.8 | +0.038% | $545K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0056% | 8h | 1,452.8 | +0.176% | $172.4M | $1.35B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,454.2 | +0.270% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0076% | 8h | 1,453.6 | +0.234% | $49.5M | $189.3M | 75x | as long as short |
| Aster ZECUSDT | +0.0086% | 8h | 1,453.6 | +0.235% | $15.3M | $34.6M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,452.7 | +0.168% | $13K | $873K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,455 | +0.327% | $18.8M | $54.5M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,453.5 | +0.222% | $173K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,453.6 | +0.230% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,454.3 | +0.282% | $2.4M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,453.5 | +0.225% | $751.1M | $495.6M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,453.8 | +0.244% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,453.5 | +0.222% | $662.5M | $2.53B | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,441.6 | −0.596% | $392K | $516K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,445 | −0.361% | $890K | $32K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,454.1 | +0.263% | $215.9M | $893.2M | 150x | as long as short |
| KuCoin ZECUSDTMshort | +0.0100% | 8h | 1,454 | +0.259% | $103.4M | $56.9M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,452.8 | +0.177% | $160.8M | $313.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,453.7 | +0.237% | — | $103.0M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,453.9 | +0.252% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,444.1 | −0.423% | $485K | $9.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,445.8 | −0.309% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,445.6 | −0.318% | $702K | $608K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,450.5 | +0.014% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,452.9 | +0.183% | $350K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,450.6 | +0.028% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,450.1 | −0.011% | $441K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,452 | +0.120% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,451.9 | +0.114% | $220K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,451 | +0.052% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,452.4 | +0.150% | $3.7M | $5.3M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,445.9 | −0.299% | $4.5M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,454.1 | +0.266% | $3.2M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,451.6 | +0.093% | $36K | $362K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0187% | 1h | 1,452.6 | +0.164% | $591K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,454.5 | +0.294% | $868K | $1.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,453.2 | +0.201% | $3.7M | $11.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0455% | 1h | 1,448.9 | −0.093% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,455.4 | +0.356% | $754K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0672% | 1h | 1,455.7 | +0.374% | $1.9M | $8.5M | 10x | as long as short |
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
Gate ZEC_USDT
Aster ZECUSDT
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
MEXC ZEC_USDT
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
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC