ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0348%/8h= +38.1% APRnext payment +$0.44 per $10,000 · paid last 24h +0.074%

Price spread now: Coinbase International against Nado+0.285%45s7-day average +0.098% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$340.343% of the position

Long on Nado Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.191%+$19 on $10k

Price spread, last 4 days (all we have)+0.486%+$49 · spread now +0.285%, 7d avg +0.098%

Together, before fees+0.677%+ Points / potential airdropNado: Active · farm board+$68 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 0.187% dearer against Nado than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.098%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ZEC-PERP	1,446.2	0.0100	pay 0.0012% / 1h	49m 33s	$2.5M	$6.3M	10x
Short	Coinbase International ZEC-PERP-INTX	1,450.3	0.0448	get 0.0056% / 1h	49m 33s	$3.7M	$8.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Nado. 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 NadobpFee Coinbase InternationalbpOrdersPrice spread, now +0.285%Rate

Funding earned: $73.08
Price spread: +0.285% → +0.098%: $18.69
Slippage, 4 orders: −$17.27
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $57.5
Costs to cover: 0.343%
Break-even: 1.5 days

Slippage from Nado: live order book, 4 min ago; Coinbase International: live order book, 5 min ago.

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 Nado live order book, 4 min ago	0.17 bp	5.0 bp −$5	12.9 bp −$129	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	1.17 bp	15.5 bp −$15	19.5 bp −$195	42.2 bp −$4,220	doesn't fit

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	−0.3166%	1h	1,449.6	+0.237%	$33K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,448.7	+0.174%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0078%	8h	1,447.1	+0.063%	$29.2M	$70.3M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,447	+0.056%	$407K	$40K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,446.4	+0.019%	$1.5M	$4.5M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,448.6	+0.170%	$83K	$240K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,448.9	+0.189%	$5.1M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0058%	8h	1,448.3	+0.150%	$290K	$958K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0064% / S −0.0014%	1h	1,448.8	+0.185%	$407K	—	100x	as long as short
01 Exchange ZECUSD	+0.0072%	1h	1,446.3	+0.008%	$7K	$7K	5x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ZECUSDT	+0.0096%	1h	1,446.2	+0.002%	$173K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,446.1	−0.004%	$10K	$874K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,446.4	+0.019%	$60K	$43K	10x	as long as short
Nado ZEC-PERPlong	+0.0100%	1h	1,446.2	long leg	$2.5M	$6.3M	10x
Hyperliquid ZEC	+0.0100%	1h	1,447.5	+0.093%	$752.9M	$434.3M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,446.1	0.000%	$14.4M	$27.7M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,446.6	+0.028%	$1.6M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,446.1	−0.004%	$663.3M	$2.21B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,445.8	−0.025%	$261.0M	$602.6M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,446.9	+0.052%	$176.8M	$1.22B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,448.7	+0.176%	$394K	$443K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,449.4	+0.227%	$876K	$23K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,446.1	−0.001%	$49.8M	$172.3M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,446.2	+0.004%	$214.0M	$767.9M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,446.2	+0.005%	$101.8M	$54.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,446.8	+0.046%	$164.2M	$273.8M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,445.7	−0.029%	—	$6.7M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,448.8	+0.184%	$2.5M	$3.8M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,447.2	+0.069%	$47.4M	$32.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,449.2	+0.214%	$564K	$8.7M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,448.8	+0.182%	$3.0M	$424K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,447.1	+0.063%	$405K	$916K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,448.4	+0.154%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,446.1	−0.004%	$364K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,448.5	+0.163%	$160K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,447.4	+0.085%	$442K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,451.3	+0.358%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,448.1	+0.132%	$232K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,447.5	+0.092%	$2.6M	$18.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,448.3	+0.148%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,445.9	−0.019%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,448	+0.124%	$47K	$151K	20x	as long as short
Phoenix ZEC	+0.0123%	1h	1,448.9	+0.191%	$4.6M	$1.3M	10x	as long as short
Kraken Futures PF_ZECUSD	+0.0279%	1h	1,447.9	+0.118%	$17.9M	$44.8M	25x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0324%	1h	1,449.2	+0.209%	$608K	$1.3M	25x	as long as short
Lighter ZEC	+0.0368%	1h	1,447.7	+0.109%	$19.0M	$45.8M	20x	as long as short
Lighter RH ZEC	+0.0400%	1h	1,447.9	+0.120%	$2.0M	$6.9M	10x	as long as short
RISEx ZEC/USDC	+0.0412%	1h	1,446.7	+0.037%	$828K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTXshort	+0.0448%	1h	1,450.3	+0.285%	$3.7M	$8.9M	50x
Arcus ZEC-USD	+0.0626%	1h	1,448.7	+0.178%	$731K	$8.3M	10x	as long as short
Aftermath Perps ZECUSD	+0.0680%	1h	1,449.7	+0.245%	$44K	$49K	10x	as long as short