ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.036%

Price spread now: Hotstuff against Bulk+0.309%7-day average — · you sell dearer than you buy

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

Long on Bulk 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 0.309% dearer against Bulk than usual: you sell high and buy low (spread +0.309% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 5.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk ZEC-USD	1,467.8	0.0100	pay 0.0013% / 1h	5m 54s	$893K	$21K	10x
Short	Hotstuff ZEC-PERP	1,472.4	−0.0080	pay 0.0010% / 1h	5m 54s	$6K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Bulk. 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 BulkbpFee HotstuffbpOrdersPrice spread, now +0.309%Rate

Funding earned: −$37.8
Price spread: +0.309% → 0.000%: $30.93
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$18.87
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Bulk: live order book, 3 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 Bulk live order book, 3 min ago	0.03 bp	3.5 bp −$4	3.6 bp −$36	9.0 bp −$901	17.2 bp −$8,589
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	−0.3321%	1h	1,471.6	+0.255%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0343%	1h	1,471.1	+0.225%	$17.9M	$43.1M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0123%	1h	1,467.7	−0.007%	$400K	$517K	5x	as long as short
BloFin ZEC-USDT	−0.0116%	8h	1,472.9	+0.350%	$29.7M	$72.5M	75x	as long as short
Hotstuff ZEC-PERPshort	−0.0080%	1h	1,472.4	+0.309%	$6K	$2K	10x
Variational Omni ZEC	−0.0015%	8h	1,469.6	+0.122%	$47.7M	$33.3M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,471	+0.214%	$414K	$103K	5x	as long as short
01 Exchange ZECUSD	0.0000%	1h	1,470	+0.147%	$8K	$9K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,472.8	+0.343%	$961K	$5.2M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,470.4	+0.178%	$84K	$405K	10x	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	1,470.3	+0.170%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0021%	8h	1,470.2	+0.159%	$294K	$1.1M	20x	as long as short
Phoenix ZEC	+0.0054%	1h	1,470	+0.149%	$4.6M	$1.6M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,470.2	+0.165%	$378K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0066%	8h	1,470.2	+0.162%	$181.4M	$1.29B	50x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,470.3	+0.169%	$173K	$1.8M	50x	as long as short
Gate ZEC_USDT	+0.0097%	8h	1,470.1	+0.153%	$50.3M	$182.2M	75x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,469.9	+0.140%	$12K	$847K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,471.1	+0.224%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,471.7	+0.263%	$2.6M	$6.5M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,471.1	+0.224%	$766.1M	$451.1M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,470.8	+0.203%	$14.9M	$31.3M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,471.6	+0.259%	$1.7M	$2.8M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,470.1	+0.153%	$683.3M	$2.35B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,470	+0.152%	$272.9M	$628.6M	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,472.5	+0.322%	$686K	$8.6M	10x	as long as short
Bulk ZEC-USDlong	+0.0100%	1h	1,467.8	long leg	$893K	$21K	10x
MEXC ZEC_USDT	+0.0100%	8h	1,470	+0.147%	$217.9M	$832.0M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,470.5	+0.183%	$104.1M	$55.2M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,470.4	+0.174%	$163.6M	$289.8M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,470.2	+0.164%	—	$100.3M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,468.5	+0.044%	$572K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,469.6	+0.123%	$3.0M	$450K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,469.7	+0.131%	$427K	$880K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,473.2	+0.367%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,470	+0.149%	$340K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,469.9	+0.142%	$128K	$158K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,468.6	+0.055%	$458K	$510K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,472.2	+0.296%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,471.1	+0.227%	$242K	$3.9M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,469.1	+0.087%	$2.5M	$19.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,471.4	+0.242%	$3.8M	$5.2M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,470.2	+0.164%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,470.5	+0.184%	$53K	$162K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0223%	1h	1,471.1	+0.222%	$605K	$1.3M	25x	as long as short
Lighter ZEC	+0.0224%	1h	1,472.3	+0.308%	$19.2M	$50.6M	20x	as long as short
RISEx ZEC/USDC	+0.0228%	1h	1,471.2	+0.230%	$854K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,472	+0.285%	$3.7M	$9.7M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0515%	1h	1,471.2	+0.230%	$2.5M	$3.9M	15x	as long as short
Lighter RH ZEC	+0.0696%	1h	1,472.8	+0.343%	$2.0M	$8.3M	10x	as long as short
Aftermath Perps ZECUSD	+0.0752%	1h	1,469.9	+0.140%	$43K	$46K	10x	as long as short