ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.052%

Price spread now: Polymarket Perps against Hotstuff−0.190%7-day average — · you buy dearer than you sell

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

Long on Hotstuff Short on Polymarket 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 · farm boardneeds both histories

Funding pays, the price is against you. Polymarket Perps is 0.190% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.190% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 3.5 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff ZEC-PERP	1,453.9	−0.0080	get 0.0010% / 1h	51m 57s	$6K	$2K	10x
Short	Polymarket Perps ZEC-USD	1,451.1	0.0100	get 0.0013% / 1h	51m 57s	$298K	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket 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 Polymarket PerpsbpOrdersPrice spread, now −0.190%Rate

Funding earned: $37.8
Price spread: −0.190% → 0.000%: −$18.98
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $5.82
Costs to cover: 0.130%
Break-even: 5.9 days

Slippage unknown: Hotstuff: no order-book sample; Polymarket Perps: live order book, 2 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 Polymarket Perps live order book, 2 min ago	2.41 bp	6.4 bp −$6	9.4 bp −$94	doesn't fit	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	1,437.6	−1.118%	$33K	$275K	12x	as long as short
Hotstuff ZEC-PERPlong	−0.0080%	1h	1,453.9	long leg	$6K	$2K	10x
Kraken Futures PF_ZECUSD	−0.0072%	1h	1,451	−0.195%	$17.6M	$44.7M	25x	as long as short
BloFin ZEC-USDT	−0.0067%	8h	1,453.9	+0.001%	$29.0M	$75.8M	75x	as long as short
Variational Omni ZEC	−0.0034%	8h	1,451.4	−0.170%	$45.5M	$32.3M	—	as long as short
Bybit ZECUSDT	−0.0014%	8h	1,451	−0.197%	$269.2M	$677.7M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,454.8	+0.065%	$410K	$106K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,453.5	−0.026%	$848K	$5.5M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,451.7	−0.151%	$82K	$400K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,452.4	−0.103%	$566K	$1.3M	25x	as long as short

Show 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	1,451.5	−0.163%	$5.1M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0007%	8h	1,451.3	−0.178%	$291K	$1.5M	20x	as long as short
OKX ZEC-USDT-SWAP	+0.0035%	8h	1,451.5	−0.160%	$172.0M	$1.37B	50x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0039% / S +0.0063%	1h	1,451.4	−0.171%	$539K	—	100x	as long as short
Aster ZECUSDT	+0.0053%	8h	1,452	−0.129%	$15.1M	$35.2M	75x	as long as short
Gate ZEC_USDT	+0.0065%	8h	1,451.3	−0.178%	$49.2M	$185.2M	75x	as long as short
01 Exchange ZECUSD	+0.0088%	1h	1,452.4	−0.099%	$8K	$8K	5x	as long as short
Katana Perps ZEC-USD	+0.0095%	8h	1,451.9	−0.133%	$17K	$886K	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,451.9	−0.138%	$177K	$2.0M	50x	as long as short
MEXC ZEC_USDT	+0.0097%	8h	1,451.5	−0.164%	$219.0M	$880.2M	150x	as long as short
Binance ZECUSDT	+0.0099%	8h	1,451.3	−0.178%	$658.3M	$2.55B	75x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,452.9	−0.065%	$60K	$37K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,452.9	−0.069%	$3.0M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,452.1	−0.121%	$750.7M	$492.8M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,454.4	+0.038%	$1.6M	$3.1M	10x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,449.8	−0.279%	$393K	$522K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,454.9	+0.071%	$896K	$37K	10x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,451.9	−0.138%	$103.6M	$57.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,451.4	−0.168%	$161.8M	$317.0M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,451.7	−0.146%	—	$6.8M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,451.6	−0.153%	$2.3M	$4.2M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,453.8	−0.003%	$488K	$9.7M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,452.9	−0.065%	$3.0M	$501K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,450.5	−0.230%	$705K	$604K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,454.2	+0.024%	$109K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USDshort	+0.0100%	1h	1,451.1	−0.190%	$298K	$2.1M	10x
Bullet ZEC-USD	+0.0100%	1h	1,451.3	−0.175%	$127K	$161K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,450.3	−0.248%	$441K	$493K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,457.6	+0.258%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,451.2	−0.181%	$219K	$4.7M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,451	−0.197%	$2.4M	$25.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,451.6	−0.159%	$3.7M	$5.5M	50x	as long as short
Phoenix ZEC	+0.0103%	1h	1,452.3	−0.111%	$4.6M	$1.6M	10x	as long as short
Lighter ZEC	+0.0104%	1h	1,452.6	−0.089%	$18.7M	$53.8M	20x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,451.4	−0.168%	$36K	$362K	20x	as long as short
RISEx ZEC/USDC	+0.0219%	1h	1,453	−0.061%	$862K	$2.5M	10x	as long as short
Extended ZEC-USD	+0.0328%	1h	1,451.4	−0.171%	$3.3M	$7.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0440%	1h	1,453.4	−0.034%	$3.7M	$11.5M	50x	as long as short
Aftermath Perps ZECUSD	+0.0466%	1h	1,453.5	−0.026%	$39K	$32K	10x	as long as short
Arcus ZEC-USD	+0.0518%	1h	1,454.9	+0.073%	$750K	$7.8M	10x	as long as short
Lighter RH ZEC	+0.0672%	1h	1,453.4	−0.033%	$1.9M	$8.4M	10x	as long as short