ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0504%/8h= +55.2% APRnext payment +$0.63 per $10,000 · paid last 24h +0.131%

Price spread now: Coinbase International against Hotstuff+0.115%7-day average — · you sell dearer than you buy

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

Long on Hotstuff Short on Coinbase International

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

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Coinbase International is 0.115% dearer against Hotstuff than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff ZEC-PERP	1,466.2	−0.0080	get 0.0010% / 1h	26m 18s	$6K	$2K	10x
Short	Coinbase International ZEC-PERP-INTX	1,467.9	0.0424	get 0.0053% / 1h	26m 18s	$3.7M	$11.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.115%Rate

Funding earned: $105.84
Price spread: +0.115% → 0.000%: $11.46
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $102.3
Costs to cover: 0.150%
Break-even: 0.2 days

Slippage unknown: Hotstuff: no order-book sample; Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago	1.53 bp	10.8 bp −$11	16.2 bp −$162	47.7 bp −$4,766	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	−0.3310%	1h	1,463.6	−0.175%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0404%	1h	1,466.3	+0.012%	$17.8M	$44.7M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0216%	1h	1,462	−0.284%	$397K	$514K	5x	as long as short
BloFin ZEC-USDT	−0.0097%	8h	1,466.4	+0.016%	$29.3M	$75.5M	75x	as long as short
Hotstuff ZEC-PERPlong	−0.0080%	1h	1,466.2	long leg	$6K	$2K	10x
Bulk ZEC-USD	−0.0065%	1h	1,462.1	−0.278%	$902K	$27K	10x	as long as short
Bybit ZECUSDT	−0.0056%	8h	1,466.8	+0.046%	$272.0M	$667.4M	75x	as long as short
Variational Omni ZEC	−0.0026%	8h	1,463	−0.219%	$46.5M	$33.7M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,466.6	+0.028%	$413K	$104K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,467.9	+0.117%	$887K	$5.6M	2.2x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl ZEC	0.0000%	43m	1,467.2	+0.069%	$83K	$404K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,467.6	+0.100%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0013%	8h	1,467.4	+0.080%	$293K	$1.4M	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0037% / S +0.0009%	1h	1,467.6	+0.095%	$356K	—	100x	as long as short
Gate ZEC_USDT	+0.0051%	8h	1,467.3	+0.078%	$50.0M	$185.8M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0052%	8h	1,467.5	+0.093%	$176.9M	$1.35B	50x	as long as short
01 Exchange ZECUSD	+0.0064%	1h	1,467.5	+0.087%	$8K	$8K	5x	as long as short
ApeX Omni ZECUSDT	+0.0070%	1h	1,463.9	−0.156%	$430K	$821K	50x	as long as short
Phoenix ZEC	+0.0075%	1h	1,464.5	−0.116%	$4.6M	$1.6M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,467.3	+0.077%	$174K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0096%	8h	1,467.7	+0.107%	$14K	$832K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,466.6	+0.026%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,466.9	+0.049%	$2.5M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,468.5	+0.159%	$761.4M	$485.2M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,467.1	+0.065%	$15.6M	$32.8M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,466.9	+0.048%	$1.7M	$3.0M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,467.5	+0.090%	$676.1M	$2.48B	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,467.4	+0.080%	$222.4M	$864.2M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,467.5	+0.091%	$103.9M	$55.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,467.3	+0.079%	$162.4M	$305.0M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,467.3	+0.078%	—	$103.1M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,463.1	−0.212%	$510K	$9.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,463.2	−0.204%	$3.0M	$481K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,465.8	−0.025%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,467.4	+0.084%	$344K	$1.9M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,467.3	+0.074%	$128K	$160K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,464.2	−0.132%	$447K	$502K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,467	+0.057%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,466.2	+0.002%	$222K	$4.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,465.6	−0.040%	$2.5M	$23.9M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,466.7	+0.035%	$3.8M	$5.3M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,466.7	+0.035%	$3.2M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,466.6	+0.030%	$37K	$366K	20x	as long as short
Lighter ZEC	+0.0152%	1h	1,468.1	+0.131%	$19.0M	$52.6M	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0170%	1h	1,467.2	+0.068%	$597K	$1.3M	25x	as long as short
Backpack ZEC_USDC_PERP	+0.0185%	1h	1,466.6	+0.031%	$2.4M	$3.8M	15x	as long as short
RISEx ZEC/USDC	+0.0190%	1h	1,467.2	+0.067%	$844K	$1.3M	10x	as long as short
Lighter RH ZEC	+0.0400%	1h	1,468.5	+0.159%	$2.0M	$8.3M	10x	as long as short
Coinbase International ZEC-PERP-INTXshort	+0.0424%	1h	1,467.9	+0.115%	$3.7M	$11.6M	50x
Arcus ZEC-USD	+0.0444%	1h	1,467.6	+0.097%	$726K	$8.2M	10x	as long as short
Aftermath Perps ZECUSD	+0.0564%	1h	1,465.3	−0.061%	$41K	$34K	10x	as long as short