ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.03 per $10,000 · paid last 24h +0.040%

Price spread now: Ondo Perps against Hotstuff+0.137%7-day average — · you sell dearer than you buy

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

Long on Hotstuff Short on Ondo Perps

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 · Ondo Perps: Active · farm boardneeds both histories

The price spread pays, funding is against you. Ondo Perps is 0.137% dearer against Hotstuff than usual: you sell high and buy low (spread +0.137% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff ZEC-PERP	1,464	−0.0080	get 0.0010% / 1h	53m 17s	$6K	$2K	10x
Short	Ondo Perps ZEC-USD.P	1,466	−0.0104	pay 0.0013% / 1h	53m 17s	$398K	$518K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Hotstuff. 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 HotstuffbpFee Ondo PerpsbpOrdersPrice spread, now +0.137%Rate

Funding earned: −$5.04
Price spread: +0.137% → 0.000%: $13.66
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$1.38
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Hotstuff: no order-book sample; Ondo Perps: 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Hotstuff and Ondo Perps: 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	−0.3310%	1h	1,462.9	−0.072%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0406%	1h	1,461.6	−0.162%	$17.8M	$44.8M	25x	as long as short
Ondo Perps ZEC-USD.Pshort	−0.0104%	1h	1,466	+0.137%	$398K	$518K	5x
BloFin ZEC-USDT	−0.0094%	8h	1,461.5	−0.173%	$28.9M	$75.7M	75x	as long as short
Hotstuff ZEC-PERPlong	−0.0080%	1h	1,464	long leg	$6K	$2K	10x
Bybit ZECUSDT	−0.0046%	8h	1,461	−0.206%	$270.1M	$679.2M	75x	as long as short
Variational Omni ZEC	−0.0022%	8h	1,467.5	+0.241%	$46.8M	$34.4M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,461.6	−0.163%	$412K	$106K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,465.5	+0.104%	$940K	$5.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,461.9	−0.147%	$83K	$401K	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,462.5	−0.101%	$595K	$1.3M	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,462	−0.137%	$5.2M	—	150x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0009% / S +0.0078%	1h	1,461.5	−0.170%	$559K	—	100x	as long as short
Orderly PERP_ZEC_USDC	+0.0015%	8h	1,461.2	−0.193%	$293K	$1.5M	20x	as long as short
01 Exchange ZECUSD	+0.0048%	1h	1,461.4	−0.177%	$8K	$8K	5x	as long as short
OKX ZEC-USDT-SWAP	+0.0052%	8h	1,461.6	−0.167%	$175.2M	$1.37B	50x	as long as short
Gate ZEC_USDT	+0.0056%	8h	1,461.2	−0.189%	$49.9M	$183.4M	75x	as long as short
Phoenix ZEC	+0.0075%	1h	1,467	+0.204%	$4.6M	$1.6M	10x	as long as short
Katana Perps ZEC-USD	+0.0096%	8h	1,461.4	−0.178%	$14K	$866K	10x	as long as short
Lighter ZEC	+0.0096%	1h	1,462.2	−0.120%	$18.9M	$52.3M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,461.4	−0.179%	$173K	$2.0M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,460.9	−0.215%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,461.9	−0.142%	$2.5M	$7.0M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,462.7	−0.089%	$758.8M	$488.4M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,460.8	−0.218%	$15.3M	$33.8M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,461.2	−0.190%	$1.7M	$3.1M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,461.4	−0.176%	$669.1M	$2.53B	75x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,460.8	−0.219%	$899K	$25K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,461	−0.207%	$220.8M	$850.4M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,461.6	−0.165%	$103.2M	$57.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,461.6	−0.164%	$161.7M	$310.2M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,460.1	−0.264%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,467.7	+0.255%	$511K	$9.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,466.2	+0.153%	$3.0M	$492K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,466.8	+0.193%	$431K	$818K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,464.8	+0.053%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,461.6	−0.164%	$342K	$2.0M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,461.1	−0.196%	$127K	$160K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,459.9	−0.283%	$446K	$503K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,463.9	−0.008%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,461.5	−0.170%	$222K	$4.7M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,461	−0.205%	$2.4M	$24.4M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,462.2	−0.126%	$3.8M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,462	−0.139%	$3.3M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,461.5	−0.172%	$36K	$362K	20x	as long as short
RISEx ZEC/USDC	+0.0190%	1h	1,461.5	−0.173%	$842K	$1.8M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0324%	1h	1,462.4	−0.111%	$2.3M	$4.0M	15x	as long as short
Lighter RH ZEC	+0.0408%	1h	1,462.7	−0.086%	$2.0M	$8.2M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0424%	1h	1,463.7	−0.019%	$3.7M	$11.7M	50x	as long as short
Arcus ZEC-USD	+0.0444%	1h	1,461.8	−0.151%	$739K	$8.1M	10x	as long as short
Aftermath Perps ZECUSD	+0.0519%	1h	1,464.5	+0.033%	$40K	$34K	10x	as long as short