Spread before costs (cost unknown: a leg has no order-book sample)−0.053%
7d average—if it closes, per $10,000$5funding while held, a day+$2.37
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk ZEC-USD | 1,499 | −0.0159 | get 0.0020% / 1h | 28m 53s | $913K | $70K | 10x |
| Short | Hotstuff ZEC-PERP | 1,498.2 | −0.0080 | pay 0.0010% / 1h | 28m 53s | $6K | $2K | 10x |
Bulk ZEC-USD
Hotstuff ZEC-PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$5.34
- Funding while held
- $2.37
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$14.97
- Spread needed to break even
- 0.120%
Slippage unknown: Bulk: live order book, 62 min ago; Hotstuff: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0079%
- Per $10,000 a day
- +$2.37
- Average in range /8h
- —
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 Bulk live order book, 62 min ago | 0.27 bp | 3.8 bp −$4 | 3.8 bp −$38 | 4.3 bp −$427 | 9.1 bp −$4,533 |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni1,495.3cheapestApeX Omni1,495.7+0.026%Ondo Perps1,496.1+0.054%Phoenix1,496.3+0.066%edgeX1,497+0.115%Derive1,497.1+0.122%HTX1,497.2+0.129%Nado1,497.2+0.130%StandX1,497.4+0.137%Bybit1,497.5+0.145%Paradex1,497.6+0.154%OKX1,497.8+0.166%Kraken Futures1,497.8+0.170%Aevo1,497.9+0.171%Katana Perps1,497.9+0.175%SoDEX1,497.9+0.175%Popdex1,498+0.181%MEXC1,498+0.181%Aftermath Perps1,498+0.182%Phemex1,498.1+0.185%Polymarket Perps1,498.1+0.187%BloFin1,498.1+0.188%BingX1,498.1+0.189%Aster1,498.2+0.191%
Variational Omni
ApeX Omni
Ondo Perps
Phoenix
Derive
HTX
Nado
StandX
Bybit
Paradex
OKX
Kraken Futures
Aevo
Katana Perps
SoDEX
Popdex
MEXC
Phemex
Polymarket Perps
BloFin
BingX
AsterHotstuff1,498.2+0.191%
Gate1,498.2+0.195%Bitget1,498.2+0.196%Binance1,498.4+0.206%Bullet1,498.5+0.212%RISEx1,498.5+0.215%KuCoin1,498.5+0.215%Kalshi1,498.5+0.216%Perpl1,498.5+0.216%Orderly1,498.6+0.219%dYdX1,498.6+0.220%Pacifica1,498.6+0.220%Extended1,498.8+0.232%GMX1,498.8+0.236%01 Exchange1,498.9+0.242%gTrade (Gains Network)1,499+0.244%
Gate
Bitget
Binance
Bullet
RISEx
KuCoin
Perpl
Orderly
dYdX
Pacifica
Extended
GMX
gTrade (Gains Network)Bulk1,499+0.245%
Hyperliquid1,499+0.248%Deribit1,499+0.250%Injective1,499.1+0.251%Arcus1,499.1+0.256%Lighter1,499.7+0.293%Backpack1,499.7+0.294%Coinbase International1,499.8+0.304%Lighter RH1,500+0.316%SunX1,501.1+0.386%
Hyperliquid
Deribit
Injective
Arcus
Lighter
Backpack
Coinbase International
Lighter RH
SunXZEC on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ZEC | −0.244% | −0.0016% | 8h | $48.7M | $33.8M | — | as long as short |
| ApeX Omni ZECUSDT | −0.219% | −0.0211% | 1h | $989K | $348K | 50x | as long as short |
| Ondo Perps ZEC-USD.P | −0.191% | −0.0058% | 1h | $407K | $759K | 5x | as long as short |
| Phoenix ZEC | −0.178% | −0.0051% | 1h | $4.8M | $1.6M | 10x | as long as short |
| edgeX ZECUSDC | −0.129% | +0.0100% | 4h | $505K | $10.8M | 20x | as long as short |
| Derive ZEC-PERP | −0.123% | +0.0100% | 1h | $465K | $262K | 6.7x | as long as short |
| HTX ZEC-USDT | −0.116% | +0.0100% | 8h | $2.6M | $31.6M | 75x | as long as short |
| Nado ZEC-PERP | −0.114% | +0.0100% | 1h | $3.0M | $7.9M | 10x | as long as short |
| StandX ZEC-USD | −0.107% | +0.0100% | 1h | $108K | $3.5M | 30x | as long as short |
| Bybit ZECUSDT | −0.099% | −0.0169% | 8h | $288.8M | $768.7M | 75x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex ZEC-USD-PERP | −0.091% | +0.0091% | 8h | $62K | $38K | 10x | as long as short |
| OKX ZEC-USDT-SWAP | −0.079% | +0.0007% | 8h | $185.4M | $1.63B | 50x | as long as short |
| Kraken Futures PF_ZECUSD | −0.074% | −0.0516% | 1h | $18.3M | $45.0M | 25x | as long as short |
| Aevo ZEC-PERP | −0.074% | +0.0080% | 1h | $39K | $362K | 20x | as long as short |
| Katana Perps ZEC-USD | −0.069% | +0.0100% | 8h | $11K | $1.1M | 10x | as long as short |
| SoDEX ZEC-USD | −0.069% | +0.0061% | 1h | $228K | $5.4M | 10x | as long as short |
| Popdex ZECUSDT | −0.064% | +0.0096% | 1h | $173K | $2.3M | 50x | as long as short |
| MEXC ZEC_USDT | −0.063% | +0.0002% | 8h | $223.4M | $1.00B | 150x | as long as short |
| Aftermath Perps ZECUSD | −0.063% | +0.0373% | 1h | $37K | $22K | 10x | as long as short |
| Phemex ZECUSDT | −0.060% | +0.0010% | 8h | $4.0M | $6.6M | 50x | as long as short |
| Polymarket Perps ZEC-USD | −0.057% | +0.0100% | 1h | $322K | $3.3M | 10x | as long as short |
| BloFin ZEC-USDT | −0.057% | −0.0116% | 8h | $31.3M | $81.8M | 75x | as long as short |
| BingX ZEC-USDT | −0.056% | +0.0006% | 8h | — | $123.9M | — | as long as short |
| Aster ZECUSDT | −0.053% | −0.0034% | 8h | $15.3M | $37.7M | 75x | as long as short |
| Hotstuff ZEC-PERPshort | −0.053% | −0.0080% | 1h | $6K | $2K | 10x | |
| Gate ZEC_USDT | −0.049% | +0.0030% | 8h | $52.5M | $216.1M | 75x | as long as short |
| Bitget ZECUSDT | −0.049% | −0.0003% | 8h | $167.7M | $325.5M | 75x | as long as short |
| Binance ZECUSDT | −0.039% | +0.0004% | 8h | $700.7M | $2.85B | 75x | as long as short |
| Bullet ZEC-USD | −0.033% | +0.0100% | 1h | $51K | $116K | 20x | as long as short |
| RISEx ZEC/USDC | −0.030% | +0.0080% | 1h | $858K | $2.9M | 10x | as long as short |
| KuCoin ZECUSDTM | −0.030% | +0.0100% | 8h | $104.7M | $69.8M | 75x | as long as short |
| Kalshi KXZECPERP | −0.029% | 0.0000% | 8h | $872K | $6.2M | 2.2x | as long as short |
| Perpl ZEC | −0.029% | +0.0112% | 43m | $78K | $396K | 10x | as long as short |
| Orderly PERP_ZEC_USDC | −0.026% | −0.0019% | 8h | $269K | $1.7M | 20x | as long as short |
| dYdX ZEC-USD | −0.025% | 0.0000% | 1h | $421K | $117K | 5x | as long as short |
| Pacifica ZEC | −0.025% | +0.0100% | 1h | $1.7M | $3.5M | 10x | as long as short |
| Extended ZEC-USD | −0.013% | +0.0104% | 1h | $3.4M | $4.5M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | −0.009% | L +0.0125% / S +0.0001% | 1h | $567K | — | 100x | as long as short |
| 01 Exchange ZECUSD | −0.003% | +0.0024% | 1h | $9K | $11K | 5x | as long as short |
| gTrade (Gains Network) ZEC/USD | −0.001% | L +0.0007% / S −0.0006% | 1h | $5.3M | — | 150x | as long as short |
| Bulk ZEC-USDlong | 0.000% | −0.0159% | 1h | $913K | $70K | 10x | |
| Hyperliquid ZEC | +0.003% | +0.0100% | 1h | $802.2M | $662.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.005% | 0.0000% | 1h | $587K | $1.4M | 25x | as long as short |
| Injective ZEC/USDC PERP | +0.006% | −0.3400% | 1h | $35K | $13K | 12x | as long as short |
| Arcus ZEC-USD | +0.011% | +0.0100% | 1h | $694K | $6.3M | 10x | as long as short |
| Lighter ZEC | +0.048% | +0.0096% | 1h | $19.8M | $61.6M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.049% | +0.0100% | 1h | $2.3M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.059% | +0.0256% | 1h | $3.9M | $13.6M | 50x | as long as short |
| Lighter RH ZEC | +0.071% | +0.0248% | 1h | $1.8M | $8.3M | 10x | as long as short |
| SunX ZEC-USDT | +0.141% | +0.0100% | 8h | $3K | $1.3M | 20x | as long as short |