Funding you earn now, next payment 01:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h −0.008%
Price spread now: BloFin against Hotstuff−0.027%99s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.027% cheaper against Hotstuff than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff ZEC-PERP | 1,469.3 | −0.0080 | get 0.0010% / 1h | 33m 31s | $6K | $2K | 10x |
| Short | BloFin ZEC-USDT | 1,468.9 | −0.0102 | pay 0.0102% / 8h | 7h 33m | $29.7M | $73.2M | 75x |
Hotstuff ZEC-PERP
BloFin ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Hotstuff. 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
- −$4.62
- Price spread: −0.027% → 0.000%
- −$2.65
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$24.28
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; BloFin: live order book, 6 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 BloFin live order book, 6 min ago | 0.03 bp | 6.0 bp −$6 | 7.5 bp −$75 | doesn't fit | 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 | −0.3321% | 1h | 1,470.8 | +0.102% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0343% | 1h | 1,469.4 | +0.007% | $17.9M | $43.0M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0146% | 1h | 1,468 | −0.086% | $399K | $518K | 5x | as long as short |
| BloFin ZEC-USDTshort | −0.0102% | 8h | 1,468.9 | −0.027% | $29.7M | $73.2M | 75x | |
| Bybit ZECUSDT | −0.0087% | 8h | 1,469.2 | −0.003% | $274.0M | $636.3M | 75x | as long as short |
| Hotstuff ZEC-PERPlong | −0.0080% | 1h | 1,469.3 | long leg | $6K | $2K | 10x | |
| Variational Omni ZEC | −0.0056% | 8h | 1,468.2 | −0.074% | $47.6M | $34.2M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,468.6 | −0.048% | $414K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,468.7 | −0.040% | $957K | $5.2M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,469.4 | +0.007% | $83K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow 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 | 1,469.2 | −0.005% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,469.1 | −0.012% | $293K | $1.4M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,469 | −0.015% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0045% | 8h | 1,469.5 | +0.017% | $181.8M | $1.30B | 50x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,470.9 | +0.108% | $4.7M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,469.2 | −0.003% | $378K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,469.7 | +0.031% | $176K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,469.7 | +0.031% | $14K | $832K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,469.1 | −0.011% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,470 | +0.048% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,470.1 | +0.057% | $762.4M | $454.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,469.3 | +0.004% | $14.9M | $31.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,469.4 | +0.008% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,469.7 | +0.031% | $683.9M | $2.38B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,470.8 | +0.104% | $699K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,471 | +0.117% | $895K | $25K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,469 | −0.016% | $51.2M | $179.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,469.2 | −0.006% | $230.9M | $825.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,468.9 | −0.025% | $104.9M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,469.3 | 0.000% | $163.4M | $293.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,468.5 | −0.052% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,468.4 | −0.057% | $571K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468.3 | −0.065% | $3.0M | $466K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,470 | +0.047% | $430K | $860K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,468.9 | −0.023% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,468.8 | −0.031% | $332K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469 | −0.015% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,467.3 | −0.131% | $457K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,471.4 | +0.144% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,469 | −0.015% | $242K | $4.0M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,468.4 | −0.062% | $2.5M | $21.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,470.6 | +0.089% | $3.9M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,469.1 | −0.010% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,468.7 | −0.037% | $56K | $167K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0157% | 1h | 1,470 | +0.049% | $605K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0192% | 1h | 1,470.5 | +0.087% | $19.2M | $50.4M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,470.1 | +0.055% | $850K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,471.2 | +0.133% | $3.8M | $10.1M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0525% | 1h | 1,470.8 | +0.101% | $2.5M | $3.8M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0764% | 1h | 1,470.6 | +0.090% | $43K | $47K | 10x | as long as short |
| Lighter RH ZEC | +0.0776% | 1h | 1,471.3 | +0.137% | $2.0M | $8.1M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
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
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD
Lighter RH ZEC