Funding you earn now, next payment 11:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h −0.025%
Price spread now: Hotstuff against dYdX−0.027%113s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hotstuff is 0.027% cheaper against dYdX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 113 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 | dYdX ZEC-USD | 1,504 | 0 | get 0.0000% / 1h | 56m 40s | $414K | $37K | 5x |
| Short | Hotstuff ZEC-PERP | 1,503.6 | −0.0080 | pay 0.0010% / 1h | 56m 40s | $6K | $1K | 10x |
dYdX ZEC-USD
Hotstuff ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against dYdX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$16.8
- Price spread: −0.027% → 0.000%
- −$2.66
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$34.46
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: dYdX: live order book, 55 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 dYdX live order book, 55 min ago | 37.84 bp | 42.8 bp −$43 | 89.4 bp −$894 | 144.2 bp −$14.4K | 691.7 bp −$345.9K |
| 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 50 exchanges
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 | −0.4130% | 1h | 1,480 | −1.597% | $36K | $267K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0186% | 8h | 1,506 | +0.130% | $31.8M | $73.6M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0164% | 1h | 1,504.1 | +0.007% | $409K | $499K | 5x | as long as short |
| Aftermath Perps ZECUSD | −0.0097% | 1h | 1,504.2 | +0.012% | $46K | $58K | 10x | as long as short |
| Hotstuff ZEC-PERPshort | −0.0080% | 1h | 1,503.6 | −0.027% | $6K | $1K | 10x | |
| dYdX ZEC-USDlong | 0.0000% | 1h | 1,504 | long leg | $414K | $37K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,505.7 | +0.113% | $1.5M | $4.9M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,503.5 | −0.033% | $63K | $300K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,505.1 | +0.072% | $5.4M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,505.3 | +0.084% | $8K | $6K | 5x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Ondo Perps ZEC-USD.P
Aftermath Perps ZECUSD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSDShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx ZEC/USDC | +0.0032% | 1h | 1,506.1 | +0.140% | $911K | $1.3M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0071% | 8h | 1,504.5 | +0.035% | $304K | $856K | 20x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,507.5 | +0.232% | $20.0M | $38.9M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,507.6 | +0.239% | $2.1M | $7.0M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,505.1 | +0.070% | $170K | $1.5M | 50x | as long as short |
| Aster ZECUSDT | +0.0097% | 8h | 1,505.9 | +0.126% | $14.1M | $26.9M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0099% | 1h | 1,505.3 | +0.084% | $18.5M | $46.2M | 25x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,506.1 | +0.137% | $62K | $14K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,504.9 | +0.059% | $25K | $880K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,505.7 | +0.110% | $3.1M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,507 | +0.199% | $790.6M | $431.7M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,506.8 | +0.183% | $1.7M | $1.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,506.4 | +0.161% | $708.9M | $2.20B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,506.2 | +0.148% | $276.7M | $589.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,506.1 | +0.136% | $186.2M | $1.31B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,506.6 | +0.172% | $593K | $8.4M | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,506.2 | +0.148% | $63.0M | $170.8M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,506.3 | +0.154% | $178.2M | $822.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,506.3 | +0.154% | $105.5M | $53.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,506.4 | +0.160% | $164.5M | $279.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,506.2 | +0.143% | — | $122.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,506.3 | +0.153% | $2.2M | $3.7M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,503.5 | −0.035% | $49.4M | $34.2M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,503.8 | −0.015% | $549K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,505.7 | +0.116% | $3.1M | $599K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,504.2 | +0.016% | $411K | $948K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,504.3 | +0.017% | $112K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,504.7 | +0.047% | $371K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,504.8 | +0.050% | $167K | $188K | 20x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,507.1 | +0.206% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,505 | +0.064% | $258K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,505 | +0.068% | $2.7M | $20.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,505.7 | +0.115% | $4.0M | $4.8M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,505.5 | +0.101% | $781K | $158K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,506.5 | +0.164% | $2.7M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,504.9 | +0.058% | $37K | $163K | 20x | as long as short |
| Phoenix ZEC | +0.0139% | 1h | 1,506.5 | +0.164% | $4.8M | $1.3M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0185% / S −0.0195% | 1h | 1,504.7 | +0.043% | $351K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0244% | 1h | 1,505.8 | +0.118% | $686K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0352% | 1h | 1,506.4 | +0.158% | $3.9M | $9.5M | 50x | as long as short |
RISEx ZEC/USDC
Orderly PERP_ZEC_USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Aster ZECUSDT
Kraken Futures PF_ZECUSD
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Arcus ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX