Funding you earn now, next payment 20:00 UTC+0.0180%/8hnext payment +$0.23 per $10,000 · paid last 24h +0.023%
Price spread now: Bulk against Hotstuff+0.231%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bulk is 0.231% dearer against Hotstuff than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff ZEC-PERP | 1,472.7 | −0.0080 | get 0.0010% / 1h | 7m 10s | $6K | $2K | 10x |
| Short | Bulk ZEC-USD | 1,476.1 | 0.0100 | get 0.0013% / 1h | 7m 10s | $909K | $21K | 10x |
Hotstuff ZEC-PERP
Bulk ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Hotstuff. 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
- $37.8
- Price spread: +0.231% → 0.000%
- $23.09
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- $48.89
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Hotstuff: no order-book sample; Bulk: live order book, 26 min ago. 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Bulk live order book, 26 min ago | 0.03 bp | 3.5 bp −$4 | 3.6 bp −$36 | 4.9 bp −$488 | 9.0 bp −$4,517 |
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 | −0.3655% | 1h | 1,460.2 | −0.847% | $34K | $159K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0435% | 1h | 1,472.2 | −0.031% | $17.9M | $46.1M | 25x | as long as short |
| ApeX Omni ZECUSDT | −0.0326% | 1h | 1,470 | −0.179% | $958K | $431K | 50x | as long as short |
| Variational Omni ZEC | −0.0146% | 8h | 1,470.7 | −0.133% | $48.1M | $31.1M | — | as long as short |
| Bybit ZECUSDT | −0.0144% | 8h | 1,472.1 | −0.037% | $275.5M | $719.2M | 75x | as long as short |
| BloFin ZEC-USDT | −0.0086% | 8h | 1,472.1 | −0.037% | $30.1M | $78.9M | 75x | as long as short |
| Hotstuff ZEC-PERPlong | −0.0080% | 1h | 1,472.7 | long leg | $6K | $2K | 10x | |
| Ondo Perps ZEC-USD.P | −0.0068% | 1h | 1,473.3 | +0.042% | $399K | $577K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | −0.0014% | 8h | 1,472.6 | −0.005% | $284K | $1.7M | 20x | as long as short |
| 01 Exchange ZECUSD | −0.0008% | 1h | 1,473.5 | +0.052% | $9K | $10K | 5x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
ApeX Omni ZECUSDT
Variational Omni ZEC
Bybit ZECUSDT
BloFin ZEC-USDT
Ondo Perps ZEC-USD.P
Orderly PERP_ZEC_USDC
01 Exchange ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZEC-USDT-SWAP | −0.0004% | 8h | 1,472.8 | +0.009% | $177.1M | $1.46B | 50x | as long as short |
| Aster ZECUSDT | −0.0001% | 8h | 1,472.8 | +0.011% | $15.0M | $36.1M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,473.8 | +0.073% | $415K | $107K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,473.2 | +0.034% | $979K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,472.6 | −0.007% | $80K | $436K | 10x | as long as short |
| Gate ZEC_USDT | +0.0004% | 8h | 1,472.8 | +0.009% | $51.1M | $196.8M | 75x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,473.2 | +0.033% | $5.2M | — | 150x | as long as short |
| Phoenix ZEC | +0.0012% | 1h | 1,472.4 | −0.021% | $4.7M | $1.7M | 10x | as long as short |
| MEXC ZEC_USDT | +0.0032% | 8h | 1,472.5 | −0.011% | $226.6M | $978.8M | 150x | as long as short |
| Binance ZECUSDT | +0.0034% | 8h | 1,472.5 | −0.013% | $674.4M | $2.67B | 75x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0071% / S +0.0044% | 1h | 1,472.9 | +0.018% | $577K | — | 100x | as long as short |
| Polymarket Perps ZEC-USD | +0.0074% | 1h | 1,472.2 | −0.033% | $321K | $2.5M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0088% | 1h | 1,472.4 | −0.021% | $37K | $362K | 20x | as long as short |
| Katana Perps ZEC-USD | +0.0091% | 8h | 1,473.1 | +0.028% | $12K | $889K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0091% | 1h | 1,473.2 | +0.036% | $576K | $1.3M | 25x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,472.7 | +0.003% | $176K | $2.1M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0099% | 8h | 1,472.8 | +0.005% | $61K | $37K | 10x | as long as short |
| RISEx ZEC/USDC | +0.0100% | 1h | 1,473.5 | +0.054% | $853K | $2.6M | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,473.2 | +0.035% | $3.1M | $7.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,473.2 | +0.035% | $768.5M | $558.9M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,472.9 | +0.017% | $1.6M | $3.3M | 10x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,475 | +0.156% | $730K | $7.4M | 10x | as long as short |
| Bulk ZEC-USDshort | +0.0100% | 1h | 1,476.1 | +0.231% | $909K | $21K | 10x | |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,472.6 | −0.005% | $103.6M | $62.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,472.9 | +0.012% | $170.6M | $332.2M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,472 | −0.049% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,473.3 | +0.039% | $2.4M | $3.8M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,473.3 | +0.045% | $494K | $10.4M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,472.2 | −0.035% | $3.0M | $510K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,473.9 | +0.086% | $110K | $4.8M | 30x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,472.7 | +0.004% | $128K | $162K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470.9 | −0.119% | $447K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,476.5 | +0.257% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,472.2 | −0.033% | $224K | $5.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,473 | +0.023% | $2.4M | $28.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,472.7 | −0.002% | $3.8M | $6.0M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,472.5 | −0.011% | $3.2M | $4.6M | 10x | as long as short |
| Lighter ZEC | +0.0112% | 1h | 1,473.8 | +0.074% | $19.5M | $59.4M | 20x | as long as short |
| Lighter RH ZEC | +0.0216% | 1h | 1,474 | +0.087% | $1.8M | $7.7M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0384% | 1h | 1,475 | +0.156% | $3.8M | $12.5M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0512% | 1h | 1,473.6 | +0.062% | $39K | $33K | 10x | as long as short |
OKX ZEC-USDT-SWAP
Aster ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Gate ZEC_USDT
gTrade (Gains Network) ZEC/USD
Phoenix ZEC
MEXC ZEC_USDT
Binance ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]
Polymarket Perps ZEC-USD
Aevo ZEC-PERP
Katana Perps ZEC-USD
Deribit ZEC_USDC-PERPETUAL
Popdex ZECUSDT
Paradex ZEC-USD-PERP
RISEx ZEC/USDC
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Arcus ZEC-USD
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Lighter ZEC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD