ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h +0.028%

Price spread now: Ondo Perps against Hotstuff−0.268%7-day average — · you buy dearer than you sell

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

Long on Hotstuff Short on Ondo Perps

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 · Ondo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.268% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.268% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 38 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff ZEC-PERP	1,467.3	−0.0080	get 0.0010% / 1h	41m 53s	$6K	$1K	10x
Short	Ondo Perps ZEC-USD.P	1,463.4	−0.0057	pay 0.0007% / 1h	41m 53s	$400K	$515K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Hotstuff. 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 HotstuffbpFee Ondo PerpsbpOrdersPrice spread, now −0.268%Rate

Funding earned: $4.87
Price spread: −0.268% → 0.000%: −$26.78
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$31.91
Costs to cover: 0.100%
Break-even: 52.8 days

Slippage unknown: Hotstuff: no order-book sample; Ondo Perps: 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Hotstuff and Ondo Perps: 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	−0.3678%	1h	1,473.4	+0.412%	$34K	$274K	12x	as long as short
Hotstuff ZEC-PERPlong	−0.0080%	1h	1,467.3	long leg	$6K	$1K	10x
Ondo Perps ZEC-USD.Pshort	−0.0057%	1h	1,463.4	−0.268%	$400K	$515K	5x
Kraken Futures PF_ZECUSD	−0.0002%	1h	1,467.7	+0.028%	$18.1M	$43.6M	25x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,467.2	−0.007%	$413K	$57K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,465.3	−0.141%	$969K	$5.1M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,466.5	−0.059%	$83K	$264K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,467	−0.020%	$5.2M	—	150x	as long as short
BloFin ZEC-USDT	+0.0012%	8h	1,475.2	+0.536%	$29.6M	$73.3M	75x	as long as short
Variational Omni ZEC	+0.0016%	8h	1,474	+0.455%	$48.1M	$33.4M	—	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZEC_USDC	+0.0026%	8h	1,467.3	−0.002%	$293K	$1.1M	20x	as long as short
01 Exchange ZECUSD	+0.0032%	1h	1,467.6	+0.015%	$8K	$9K	5x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,466.8	−0.033%	$381K	—	100x	as long as short
Phoenix ZEC	+0.0070%	1h	1,473.7	+0.435%	$4.7M	$1.5M	10x	as long as short
Gate ZEC_USDT	+0.0081%	8h	1,467.2	−0.006%	$49.8M	$174.7M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0081%	8h	1,467.1	−0.015%	$181.2M	$1.28B	50x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,466.7	−0.041%	$172K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,466.3	−0.071%	$14K	$839K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,466.9	−0.027%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,467.7	+0.022%	$2.5M	$6.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,467.7	+0.025%	$763.5M	$450.5M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,467	−0.020%	$14.8M	$31.0M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,467.7	+0.024%	$1.7M	$2.7M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,466.9	−0.029%	$680.2M	$2.35B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,466.6	−0.052%	$270.5M	$628.0M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,467.3	+0.001%	$215.2M	$794.7M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,467.3	−0.001%	$103.2M	$56.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,466.6	−0.048%	$162.7M	$286.6M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,466.2	−0.079%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,474.3	+0.475%	$574K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,472.7	+0.363%	$3.0M	$443K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,474.5	+0.489%	$429K	$905K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,470	+0.183%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,466.7	−0.043%	$339K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,466.1	−0.081%	$128K	$158K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,465.7	−0.111%	$456K	$510K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,469.8	+0.166%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,467.5	+0.014%	$242K	$3.9M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,467	−0.023%	$2.5M	$19.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,467.8	+0.030%	$3.9M	$5.4M	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,474.6	+0.499%	$897K	$17K	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,467.8	+0.029%	$3.2M	$7.1M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,467.1	−0.015%	$48K	$167K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0152%	1h	1,468.2	+0.061%	$604K	$1.3M	25x	as long as short
Lighter RH ZEC	+0.0216%	1h	1,469	+0.113%	$2.0M	$7.1M	10x	as long as short
Lighter ZEC	+0.0240%	1h	1,468.6	+0.084%	$19.2M	$48.0M	20x	as long as short
Arcus ZEC-USD	+0.0254%	1h	1,468.5	+0.077%	$696K	$8.7M	10x	as long as short
RISEx ZEC/USDC	+0.0374%	1h	1,467.7	+0.026%	$852K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0472%	1h	1,468.6	+0.085%	$3.6M	$9.7M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0524%	1h	1,468.2	+0.059%	$2.5M	$3.9M	15x	as long as short
Aftermath Perps ZECUSD	+0.0738%	1h	1,472.3	+0.340%	$44K	$46K	10x	as long as short