Funding you earn now, next payment 09:00 UTC−0.0057%/8h= −6.3% APRnext payment −$0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Nado against RISEx−0.051%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$170.167% of the position
Funding, last 4 days (all we have)−0.182%−$18 on $10k
+Price spread, last 7 days+0.128%+$13 · spread now −0.051%, 7d avg +0.013%
=Together, before fees−0.054%+ Points / potential airdropNado: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.065% cheaper against RISEx than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ZEC/USDC | 1,508.2 | 0.0157 | pay 0.0020% / 1h | 36m 52s | $955K | $1.1M | 10x |
| Short | Nado ZEC-PERP | 1,507.4 | 0.0100 | get 0.0012% / 1h | 36m 52s | $3.1M | $7.6M | 10x |
RISEx ZEC/USDC
Nado ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against RISEx. 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
- −$12
- Price spread: −0.051% → +0.013%
- −$6.47
- Slippage, 4 orders
- −$3.71
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$35.18
- Costs to cover
- 0.167%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 2 min ago; Nado: live order book, 2 min ago.
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 RISEx live order book, 2 min ago | 0.63 bp | 3.6 bp −$4 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Nado live order book, 2 min ago | 0.03 bp | 4.5 bp −$5 | 10.3 bp −$103 | 37.9 bp −$3,792 | doesn't fit |
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 | −0.3702% | 1h | 1,491.4 | −1.113% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,507.2 | −0.068% | $62K | $305K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0168% | 1h | 1,510.3 | +0.139% | $48K | $58K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0149% | 8h | 1,507.2 | −0.066% | $31.7M | $76.7M | 75x | as long as short |
| Bulk ZEC-USD | −0.0098% | 1h | 1,506.5 | −0.111% | $775K | $147K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,506.7 | −0.100% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,506.1 | −0.137% | $418K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,508.2 | −0.001% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,507.8 | −0.026% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,507.2 | −0.063% | $18.3M | $47.7M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Bulk ZEC-USD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,508.6 | +0.025% | $8K | $6K | 5x | as long as short |
| ApeX Omni ZECUSDT | +0.0078% | 1h | 1,507.8 | −0.024% | $414K | $952K | 50x | as long as short |
| Phoenix ZEC | +0.0082% | 1h | 1,509.3 | +0.070% | $4.8M | $1.4M | 10x | as long as short |
| Gate ZEC_USDT | +0.0082% | 8h | 1,506.1 | −0.139% | $60.6M | $185.0M | 75x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0085% | 8h | 1,507.6 | −0.043% | $304K | $861K | 20x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,508.3 | +0.003% | $19.5M | $44.8M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,508.2 | +0.001% | $2.1M | $7.5M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,508.2 | +0.001% | $172K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,506.7 | −0.100% | $62K | $18K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,507.4 | −0.056% | $16K | $898K | 10x | as long as short |
| Nado ZEC-PERPshort | +0.0100% | 1h | 1,507.4 | −0.051% | $3.1M | $7.6M | 10x | |
| Hyperliquid ZEC | +0.0100% | 1h | 1,507.7 | −0.033% | $789.4M | $445.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,505.9 | −0.154% | $14.1M | $30.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,506.4 | −0.117% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,506.2 | −0.133% | $711.9M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,505.8 | −0.158% | $270.2M | $625.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,506 | −0.146% | $185.5M | $1.38B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,505.7 | −0.166% | $412K | $544K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,508.8 | +0.039% | $613K | $9.0M | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,506.3 | −0.123% | $406.9M | $833.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,506.4 | −0.118% | $102.9M | $57.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,506.3 | −0.125% | $163.0M | $295.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,505.6 | −0.171% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,509.9 | +0.112% | $50.1M | $36.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,508.2 | 0.000% | $556K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,506.5 | −0.110% | $3.1M | $533K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,506.8 | −0.096% | $50K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,508.3 | +0.007% | $374K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,508.1 | −0.008% | $169K | $194K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,506.8 | −0.095% | $450K | $419K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,510.5 | +0.155% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,507 | −0.079% | $255K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,507.7 | −0.035% | $2.7M | $21.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,507.3 | −0.061% | $4.0M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,506.2 | −0.135% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,507.1 | −0.072% | $45K | $153K | 20x | as long as short |
| RISEx ZEC/USDClong | +0.0157% | 1h | 1,508.2 | long leg | $955K | $1.1M | 10x | |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0158% / S −0.0161% | 1h | 1,507.9 | −0.020% | $335K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0206% | 1h | 1,508.2 | 0.000% | $690K | $1.4M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,508.4 | +0.010% | $3.8M | $10.0M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0425% | 1h | 1,507.5 | −0.046% | $2.4M | $3.8M | 15x | as long as short |
01 Exchange ZECUSD
ApeX Omni ZECUSDT
Phoenix ZEC
Gate ZEC_USDT
Orderly PERP_ZEC_USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Arcus ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP