ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.043%

Price spread now: Hotstuff against SoDEX+0.041%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Hotstuff

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

The price spread pays, funding is against you. Hotstuff is 0.041% dearer against SoDEX than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ZEC-USD	1,448.1	0.0100	pay 0.0013% / 1h	49m 21s	$232K	$3.4M	10x
Short	Hotstuff ZEC-PERP	1,448.7	−0.0080	pay 0.0010% / 1h	49m 21s	$6K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against SoDEX. 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 SoDEXbpFee HotstuffbpOrdersPrice spread, now +0.041%Rate

Funding earned: −$37.8
Price spread: +0.041% → 0.000%: $4.14
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$46.66
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: SoDEX: live order book, 5 min ago; Hotstuff: 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 SoDEX live order book, 5 min ago	0.21 bp	4.4 bp −$4	13.2 bp −$132	102.4 bp −$10.2K	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

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	−0.3166%	1h	1,448	−0.008%	$33K	$272K	12x	as long as short
Hotstuff ZEC-PERPshort	−0.0080%	1h	1,448.7	+0.041%	$6K	$1K	10x
BloFin ZEC-USDT	−0.0078%	8h	1,447.1	−0.070%	$29.2M	$70.3M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,447	−0.076%	$407K	$40K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,446.4	−0.113%	$1.5M	$4.5M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,445.8	−0.160%	$83K	$240K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,446.3	−0.121%	$5.1M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0058%	8h	1,446.2	−0.131%	$289K	$958K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0064% / S −0.0015%	1h	1,446.2	−0.127%	$406K	—	100x	as long as short
01 Exchange ZECUSD	+0.0072%	1h	1,446.3	−0.124%	$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	−0.130%	$173K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,446.1	−0.137%	$10K	$874K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,446.4	−0.113%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,446.2	−0.132%	$2.5M	$6.3M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,447.4	−0.046%	$752.8M	$434.4M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,446.4	−0.115%	$14.4M	$27.7M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,446.6	−0.104%	$1.6M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,446.6	−0.098%	$663.5M	$2.21B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,445.9	−0.150%	$261.0M	$602.6M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,446.4	−0.117%	$176.6M	$1.22B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,448.7	+0.044%	$394K	$443K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,449.4	+0.094%	$876K	$23K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,446.6	−0.104%	$49.8M	$172.3M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,446.9	−0.079%	$214.3M	$767.9M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,446.5	−0.112%	$101.8M	$54.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,446.5	−0.108%	$164.2M	$273.8M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,446.7	−0.096%	—	$100.8M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,448.8	+0.051%	$2.5M	$3.8M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,447.2	−0.063%	$47.4M	$32.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,449.2	+0.081%	$564K	$8.7M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,448.8	+0.049%	$3.0M	$424K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,447.1	−0.070%	$405K	$916K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,448.4	+0.021%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,446.1	−0.136%	$364K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,447	−0.073%	$159K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,445.2	−0.200%	$441K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,449.1	+0.073%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USDlong	+0.0100%	1h	1,448.1	long leg	$232K	$3.4M	10x
HTX ZEC-USDT	+0.0100%	8h	1,447.5	−0.041%	$2.6M	$18.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,448.3	+0.015%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,446	−0.143%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,445.7	−0.160%	$47K	$151K	20x	as long as short
Phoenix ZEC	+0.0123%	1h	1,448.9	+0.058%	$4.6M	$1.3M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0226%	1h	1,446.8	−0.086%	$607K	$1.3M	25x	as long as short
Kraken Futures PF_ZECUSD	+0.0279%	1h	1,446.3	−0.123%	$17.9M	$44.8M	25x	as long as short
Lighter ZEC	+0.0368%	1h	1,447.7	−0.023%	$19.0M	$45.8M	20x	as long as short
Lighter RH ZEC	+0.0400%	1h	1,447.9	−0.012%	$2.0M	$6.9M	10x	as long as short
RISEx ZEC/USDC	+0.0412%	1h	1,446.7	−0.095%	$828K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,450.3	+0.152%	$3.7M	$8.9M	50x	as long as short
Arcus ZEC-USD	+0.0626%	1h	1,448.7	+0.046%	$731K	$8.3M	10x	as long as short
Aftermath Perps ZECUSD	+0.0681%	1h	1,449.1	+0.068%	$44K	$49K	10x	as long as short