ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0528%/8h= −57.8% APRnext payment −$0.66 per $10,000 · paid last 24h −0.136%

Price spread now: Hotstuff against Coinbase International+0.024%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Hotstuff

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

The price spread pays, funding is against you. Hotstuff is 0.024% dearer against Coinbase International than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 4 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ZEC-PERP-INTX	1,472	0.0448	pay 0.0056% / 1h	5m 43s	$3.7M	$9.7M	50x
Short	Hotstuff ZEC-PERP	1,472.4	−0.0080	pay 0.0010% / 1h	5m 43s	$6K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee HotstuffbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$110.88
Price spread: +0.024% → 0.000%: $2.38
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$123.5
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 3 min ago; Hotstuff: 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 Coinbase International live order book, 3 min ago	1.83 bp	6.9 bp −$7	11.5 bp −$115	41.8 bp −$4,180	doesn't fit
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 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	−0.3321%	1h	1,471.6	−0.030%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0343%	1h	1,471.1	−0.060%	$17.9M	$43.1M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0123%	1h	1,467.7	−0.292%	$400K	$517K	5x	as long as short
BloFin ZEC-USDT	−0.0116%	8h	1,472.9	+0.064%	$29.7M	$72.5M	75x	as long as short
Hotstuff ZEC-PERPshort	−0.0080%	1h	1,472.4	+0.024%	$6K	$2K	10x
Variational Omni ZEC	−0.0015%	8h	1,469.6	−0.163%	$47.7M	$33.3M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,471	−0.071%	$414K	$103K	5x	as long as short
01 Exchange ZECUSD	0.0000%	1h	1,470	−0.138%	$8K	$9K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,472.8	+0.057%	$961K	$5.2M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,470.4	−0.107%	$84K	$405K	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,470.3	−0.115%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0021%	8h	1,470.2	−0.126%	$294K	$1.1M	20x	as long as short
Phoenix ZEC	+0.0054%	1h	1,470	−0.137%	$4.6M	$1.6M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,470.2	−0.120%	$378K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0066%	8h	1,470.2	−0.120%	$181.4M	$1.29B	50x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,470.3	−0.116%	$173K	$1.8M	50x	as long as short
Gate ZEC_USDT	+0.0096%	8h	1,470.1	−0.130%	$50.3M	$182.2M	75x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,470	−0.137%	$12K	$847K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,469.7	−0.155%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,471.7	−0.023%	$2.6M	$6.5M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,471.1	−0.061%	$766.1M	$451.1M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,470.4	−0.108%	$14.9M	$31.3M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,470.4	−0.112%	$1.7M	$2.8M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,470	−0.136%	$683.3M	$2.35B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,470	−0.135%	$272.9M	$628.6M	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,471.9	−0.006%	$691K	$8.6M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,467.8	−0.285%	$893K	$21K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,470.2	−0.124%	$217.9M	$832.0M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,470.3	−0.113%	$104.1M	$55.4M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,470.6	−0.095%	$163.6M	$289.5M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,470.2	−0.122%	—	$100.3M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,468.5	−0.240%	$572K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,469.6	−0.162%	$3.0M	$450K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,469.7	−0.154%	$427K	$880K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,473.2	+0.081%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,470	−0.136%	$340K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,469.9	−0.143%	$128K	$158K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,468.6	−0.229%	$458K	$510K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,472.2	+0.011%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,471.1	−0.058%	$242K	$3.9M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,469.1	−0.198%	$2.5M	$19.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,471.4	−0.043%	$3.8M	$5.2M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,470.4	−0.105%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,470.5	−0.101%	$53K	$162K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0223%	1h	1,471.1	−0.063%	$605K	$1.3M	25x	as long as short
Lighter ZEC	+0.0224%	1h	1,471.5	−0.032%	$19.2M	$50.6M	20x	as long as short
RISEx ZEC/USDC	+0.0228%	1h	1,470.9	−0.072%	$854K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTXlong	+0.0448%	1h	1,472	long leg	$3.7M	$9.7M	50x
Backpack ZEC_USDC_PERP	+0.0515%	1h	1,471.2	−0.056%	$2.5M	$3.9M	15x	as long as short
Lighter RH ZEC	+0.0696%	1h	1,472	−0.003%	$2.0M	$8.3M	10x	as long as short
Aftermath Perps ZECUSD	+0.0752%	1h	1,469.9	−0.145%	$43K	$46K	10x	as long as short