ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.003%

Price spread now: Nado against RISEx+0.061%54s7-day average +0.015% · 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−$170.172% of the position

Long on RISEx Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.166%−$17 on $10k

Price spread, last 7 days+0.005%+$1 · spread now +0.061%, 7d avg +0.015%

Together, before fees−0.160%+ Points / potential airdropNado: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.046% dearer against RISEx than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of +0.015%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.7 days. At the pace of the last 3 days (−0.166% in total) that is about 21 hours. The two prices were read 54 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	RISEx ZEC/USDC	1,472.5	0.0132	pay 0.0017% / 1h	42m 35s	$826K	$1.2M	10x
Short	Nado ZEC-PERP	1,473.4	0.0100	get 0.0012% / 1h	42m 35s	$2.6M	$6.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against RISEx. 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 RISExbpFee NadobpOrdersPrice spread, now +0.061%Rate

Funding earned: −$6.74
Price spread: +0.061% → +0.015%: $4.55
Slippage, 4 orders: −$4.17
Fee RISEx: 3 bp × 2 orders: −$6
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$19.36
Costs to cover: 0.172%
Break-even: never at this rate

Slippage from RISEx: live order book, 1 min ago; Nado: live order book, 1 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 RISEx live order book, 1 min ago	0.81 bp	3.8 bp −$4	7.6 bp −$76	doesn't fit	doesn't fit
Sell Nado live order book, 1 min ago	0.03 bp	4.6 bp −$5	13.2 bp −$132	doesn't fit	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	−0.3089%	1h	1,471.5	−0.069%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0225%	1h	1,472	−0.036%	$17.9M	$44.3M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0205%	1h	1,470.5	−0.135%	$398K	$516K	5x	as long as short
BloFin ZEC-USDT	−0.0105%	8h	1,472	−0.036%	$29.6M	$75.4M	75x	as long as short
Bybit ZECUSDT	−0.0098%	8h	1,471.2	−0.085%	$274.8M	$657.2M	75x	as long as short
ApeX Omni ZECUSDT	−0.0097%	1h	1,469.5	−0.207%	$431K	$831K	50x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,472.1	−0.025%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0043%	8h	1,468.6	−0.264%	$46.8M	$33.7M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,472.8	+0.024%	$415K	$104K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,471.4	−0.076%	$902K	$5.6M	2.2x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl ZEC	0.0000%	43m	1,471.2	−0.088%	$84K	$404K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,472.9	+0.025%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0010%	8h	1,472.3	−0.012%	$294K	$1.4M	20x	as long as short
Phoenix ZEC	+0.0024%	1h	1,470.7	−0.125%	$4.6M	$1.6M	10x	as long as short
01 Exchange ZECUSD	+0.0032%	1h	1,472.2	−0.021%	$8K	$8K	5x	as long as short
OKX ZEC-USDT-SWAP	+0.0037%	8h	1,472	−0.031%	$180.6M	$1.35B	50x	as long as short
Gate ZEC_USDT	+0.0045%	8h	1,472.2	−0.021%	$51.4M	$185.6M	75x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0054% / S −0.0010%	1h	1,472.7	+0.017%	$372K	—	100x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0079%	1h	1,473	+0.034%	$614K	$1.3M	25x	as long as short
Lighter ZEC	+0.0096%	1h	1,473.6	+0.073%	$19.1M	$52.1M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,471.7	−0.053%	$177K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0097%	8h	1,470.8	−0.113%	$13K	$837K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,472	−0.037%	$60K	$39K	10x	as long as short
Nado ZEC-PERPshort	+0.0100%	1h	1,473.4	+0.061%	$2.6M	$6.8M	10x
Hyperliquid ZEC	+0.0100%	1h	1,472.9	+0.028%	$763.6M	$475.1M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,472	−0.033%	$15.1M	$32.7M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,472.5	−0.001%	$1.7M	$2.9M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,472	−0.037%	$682.5M	$2.46B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,473.2	+0.045%	$720K	$8.3M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,472	−0.033%	$908K	$26K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,472.1	−0.024%	$229.3M	$834.3M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,472.1	−0.026%	$103.9M	$55.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,472.2	−0.022%	$163.0M	$302.4M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,471.3	−0.084%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,469.5	−0.205%	$513K	$9.3M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,469.7	−0.188%	$3.0M	$454K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,471.2	−0.085%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,472	−0.034%	$346K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,472.2	−0.018%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,470.8	−0.116%	$448K	$498K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,472.6	+0.008%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,471.7	−0.053%	$238K	$4.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,471.6	−0.058%	$2.5M	$23.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,472.4	−0.006%	$3.9M	$5.3M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,472.4	−0.003%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,472.3	−0.011%	$37K	$366K	20x	as long as short
RISEx ZEC/USDClong	+0.0132%	1h	1,472.5	long leg	$826K	$1.2M	10x
Coinbase International ZEC-PERP-INTX	+0.0432%	1h	1,472.6	+0.006%	$3.8M	$10.7M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0437%	1h	1,473.5	+0.065%	$2.4M	$3.7M	15x	as long as short
Lighter RH ZEC	+0.0520%	1h	1,474	+0.104%	$2.0M	$8.2M	10x	as long as short
Aftermath Perps ZECUSD	+0.0671%	1h	1,472.8	+0.021%	$46K	$47K	10x	as long as short