ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.044%

Price spread now: SoDEX against Hotstuff−0.035%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 SoDEX

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

Funding pays, the price is against you. SoDEX is 0.035% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 15 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff ZEC-PERP	1,496.1	−0.0080	get 0.0010% / 1h	36m 36s	$6K	$1K	10x
Short	SoDEX ZEC-USD	1,495.6	0.0100	get 0.0013% / 1h	36m 36s	$253K	$3.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.035%Rate

Funding earned: $37.8
Price spread: −0.035% → 0.000%: −$3.48
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $21.32
Costs to cover: 0.130%
Break-even: 3.1 days

Slippage unknown: Hotstuff: no order-book sample; SoDEX: live order book, 2 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 SoDEX live order book, 2 min ago	0.03 bp	4.1 bp −$4	14.3 bp −$143	105.2 bp −$10.5K	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 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	−0.3442%	1h	1,504.2	+0.539%	$37K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,495.5	−0.038%	$61K	$304K	10x	as long as short
BloFin ZEC-USDT	−0.0153%	8h	1,495.9	−0.015%	$30.8M	$75.6M	75x	as long as short
Aftermath Perps ZECUSD	−0.0081%	1h	1,500.8	+0.313%	$48K	$59K	10x	as long as short
Hotstuff ZEC-PERPlong	−0.0080%	1h	1,496.1	long leg	$6K	$1K	10x
dYdX ZEC-USD	0.0000%	1h	1,497.9	+0.117%	$416K	$35K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,497.7	+0.107%	$1.5M	$4.4M	2.2x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,496.5	+0.027%	$683K	$1.4M	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,496.1	+0.001%	$5.3M	—	150x	as long as short
Kraken Futures PF_ZECUSD	+0.0012%	1h	1,496.1	0.000%	$18.0M	$47.2M	25x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk ZEC-USD	+0.0021%	1h	1,505.9	+0.654%	$910K	$2K	10x	as long as short
Ondo Perps ZEC-USD.P	+0.0027%	1h	1,494	−0.141%	$408K	$560K	5x	as long as short
Orderly PERP_ZEC_USDC	+0.0083%	8h	1,496	−0.007%	$301K	$1.1M	20x	as long as short
Phoenix ZEC	+0.0096%	1h	1,498.3	+0.146%	$4.8M	$1.4M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,495.4	−0.047%	$175K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0098%	8h	1,496.1	−0.002%	$16K	$878K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,496.1	+0.002%	$62K	$28K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,496.8	+0.044%	$3.1M	$7.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,498.3	+0.146%	$782.8M	$444.4M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,494.9	−0.084%	$14.0M	$31.2M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,496.9	+0.050%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,495.4	−0.047%	$699.6M	$2.31B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,495.3	−0.057%	$268.7M	$623.7M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,495.4	−0.050%	$183.8M	$1.34B	50x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,496.2	+0.005%	$56.1M	$183.8M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,496.7	+0.037%	$236.7M	$796.4M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,496.5	+0.027%	$103.0M	$57.1M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,495.5	−0.039%	$161.6M	$290.1M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,495.4	−0.047%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,503	+0.458%	$49.1M	$34.6M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,503.3	+0.480%	$575K	$9.0M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,503.3	+0.482%	$3.1M	$507K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,504.4	+0.554%	$414K	$946K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,496.5	+0.026%	$56K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,495.9	−0.014%	$358K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,496	−0.006%	$164K	$184K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,496.2	+0.004%	$457K	$489K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,498.2	+0.142%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USDshort	+0.0100%	1h	1,495.6	−0.035%	$253K	$3.5M	10x
HTX ZEC-USDT	+0.0100%	8h	1,495.5	−0.041%	$2.7M	$20.7M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,496.3	+0.015%	$4.0M	$4.9M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,495.6	−0.036%	$2.8M	$7.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,496	−0.010%	$43K	$151K	20x	as long as short
01 Exchange ZECUSD	+0.0112%	1h	1,495.9	−0.017%	$8K	$6K	5x	as long as short
RISEx ZEC/USDC	+0.0128%	1h	1,495.8	−0.023%	$942K	$1.1M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0146% / S −0.0153%	1h	1,496.1	+0.002%	$360K	—	100x	as long as short
Lighter RH ZEC	+0.0152%	1h	1,498	+0.128%	$2.1M	$7.4M	10x	as long as short
Lighter ZEC	+0.0208%	1h	1,498.2	+0.142%	$19.8M	$45.4M	20x	as long as short
Arcus ZEC-USD	+0.0403%	1h	1,496.5	+0.023%	$612K	$8.8M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0416%	1h	1,497.2	+0.074%	$3.7M	$10.1M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0547%	1h	1,497.9	+0.117%	$2.3M	$3.9M	15x	as long as short