Funding you earn now, next payment 11:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.049%
Price spread now: Bullet against Hotstuff+0.009%369s7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 369 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 | Hotstuff ZEC-PERP | 1,503.6 | −0.0080 | get 0.0010% / 1h | 52m 49s | $6K | $1K | 10x |
| Short | Bullet ZEC-USD | 1,503.7 | 0.0100 | get 0.0013% / 1h | 52m 49s | $167K | $188K | 20x |
Hotstuff ZEC-PERP
Bullet ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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: +0.009% → 0.000%
- $0.93
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $25.73
- Costs to cover
- 0.130%
- Break-even
- 2.2 days
Slippage unknown: Hotstuff: no order-book sample; Bullet: live order book, 59 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 Bullet live order book, 59 min ago | 1.94 bp | 7.2 bp −$7 | 11.9 bp −$119 | doesn't fit | doesn't fit |
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 | −1.571% | $36K | $267K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0200% | 8h | 1,504 | +0.025% | $31.9M | $72.9M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0092% | 1h | 1,504.1 | +0.036% | $46K | $58K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0088% | 1h | 1,500.9 | −0.180% | $409K | $498K | 5x | as long as short |
| Hotstuff ZEC-PERPlong | −0.0080% | 1h | 1,503.6 | long leg | $6K | $1K | 10x | |
| ApeX Omni ZECUSDT | −0.0068% | 1h | 1,503.6 | +0.003% | $411K | $949K | 50x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,503.9 | +0.023% | $414K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,504.5 | +0.057% | $1.5M | $4.9M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,502 | −0.107% | $63K | $300K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,503.6 | −0.003% | $5.4M | — | 150x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Ondo Perps ZEC-USD.P
ApeX Omni ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USDShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0016% | 1h | 1,503.6 | +0.001% | $8K | $6K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0032% | 1h | 1,503.7 | +0.003% | $909K | $1.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0046% | 1h | 1,504.5 | +0.061% | $685K | $1.3M | 25x | as long as short |
| Phoenix ZEC | +0.0060% | 1h | 1,503.9 | +0.019% | $4.8M | $1.3M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0070% | 8h | 1,503.2 | −0.025% | $303K | $856K | 20x | as long as short |
| Aster ZECUSDT | +0.0094% | 8h | 1,502.5 | −0.076% | $14.1M | $27.0M | 75x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,503.4 | −0.014% | $19.9M | $38.9M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,505.1 | +0.096% | $2.1M | $7.0M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,503.4 | −0.014% | $170K | $1.5M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,502.8 | −0.051% | $25K | $880K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0099% | 1h | 1,504.2 | +0.039% | $18.5M | $46.1M | 25x | as long as short |
| Paradex ZEC-USD-PERP | +0.0099% | 8h | 1,503.5 | −0.006% | $62K | $14K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,503.8 | +0.015% | $3.1M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,503 | −0.040% | $789.5M | $429.8M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,504.3 | +0.048% | $1.7M | $1.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,502.6 | −0.065% | $707.4M | $2.19B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,502.4 | −0.078% | $275.9M | $588.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,502.3 | −0.088% | $185.8M | $1.30B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,504.3 | +0.044% | $594K | $8.4M | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,502.5 | −0.074% | $62.8M | $171.6M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,502.9 | −0.048% | $177.9M | $823.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,502.5 | −0.075% | $105.2M | $52.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,502.1 | −0.100% | $164.2M | $279.2M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,502.1 | −0.102% | — | $6.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,504.2 | +0.041% | $2.2M | $3.7M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,505.7 | +0.140% | $49.5M | $34.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,504.6 | +0.063% | $550K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,503.3 | −0.018% | $3.1M | $588K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,502.9 | −0.047% | $112K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,503.4 | −0.013% | $370K | $1.6M | 10x | as long as short |
| Bullet ZEC-USDshort | +0.0100% | 1h | 1,503.7 | +0.009% | $167K | $188K | 20x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,506 | +0.158% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,503.6 | +0.003% | $257K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,503.2 | −0.027% | $2.6M | $20.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,503.9 | +0.019% | $4.0M | $4.8M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,505.5 | +0.128% | $781K | $158K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,502.6 | −0.069% | $2.7M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,503.4 | −0.016% | $37K | $163K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0186% / S −0.0197% | 1h | 1,503.6 | +0.003% | $350K | — | 100x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0352% | 1h | 1,506.1 | +0.168% | $3.9M | $9.5M | 50x | as long as short |
01 Exchange ZECUSD
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Phoenix ZEC
Orderly PERP_ZEC_USDC
Aster ZECUSDT
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Kraken Futures PF_ZECUSD
Paradex ZEC-USD-PERP
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-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
Coinbase International ZEC-PERP-INTX