ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0226%/8h= −24.7% APRnext payment −$0.28 per $10,000 · paid last 24h 0.000%

Price spread now: Hotstuff against Kraken Futures+0.031%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 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 0.031% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ZECUSD	1,476.7	0.0146	pay 0.0018% / 1h	27m 42s	$18.1M	$45.7M	25x
Short	Hotstuff ZEC-PERP	1,477.2	−0.0080	pay 0.0010% / 1h	27m 42s	$6K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Kraken Futures. 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 Kraken FuturesbpFee HotstuffbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$47.37
Price spread: +0.031% → 0.000%: $3.14
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$59.23
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 1 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 Kraken Futures live order book, 1 min ago	2.75 bp	9.9 bp −$10	13.8 bp −$138	23.0 bp −$2,305	111.8 bp −$55.9K
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	−0.3243%	1h	1,473.3	−0.233%	$34K	$272K	12x	as long as short
BloFin ZEC-USDT	−0.0088%	8h	1,476.8	+0.004%	$30.0M	$71.5M	75x	as long as short
Hotstuff ZEC-PERPshort	−0.0080%	1h	1,477.2	+0.031%	$6K	$1K	10x
dYdX ZEC-USD	0.0000%	1h	1,476.8	+0.006%	$410K	$37K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,477	+0.016%	$1.6M	$4.5M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,477.4	+0.044%	$84K	$239K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,477.1	+0.024%	$622K	$1.3M	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0007%	1h	1,477	+0.021%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0062%	8h	1,476.5	−0.013%	$295K	$896K	20x	as long as short
01 Exchange ZECUSD	+0.0072%	1h	1,477.3	+0.037%	$8K	$7K	5x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZECUSDT	+0.0091%	8h	1,475.1	−0.109%	$265.0M	$592.3M	75x	as long as short
Phoenix ZEC	+0.0092%	1h	1,473.3	−0.230%	$4.7M	$1.3M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,477.6	+0.057%	$174K	$1.6M	50x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0099% / S −0.0052%	1h	1,476.6	−0.008%	$440K	—	100x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,477.1	+0.024%	$13K	$817K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,477.3	+0.041%	$61K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,478.1	+0.092%	$2.9M	$6.3M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,477.8	+0.073%	$769.1M	$420.4M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,476.3	−0.029%	$14.4M	$28.2M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,475.7	−0.071%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,476.2	−0.036%	$681.9M	$2.17B	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,476.2	−0.034%	$179.4M	$1.22B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,475.6	−0.076%	$399K	$433K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,472.4	−0.292%	$889K	$15K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,477.3	+0.038%	$53.3M	$171.9M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,477	+0.022%	$228.1M	$764.3M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,477.2	+0.031%	$103.9M	$52.6M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,476.9	+0.014%	$167.1M	$268.3M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,477.2	+0.030%	—	$110.6M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,471.5	−0.355%	$48.3M	$32.4M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,469	−0.522%	$555K	$8.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,474	−0.182%	$3.0M	$455K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,470.8	−0.401%	$407K	$926K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,472.8	−0.269%	$50K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,477.4	+0.046%	$363K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,477	+0.016%	$162K	$183K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,475.5	−0.086%	$450K	$506K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,478.7	+0.133%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,476.4	−0.019%	$244K	$3.2M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,475.4	−0.092%	$2.7M	$18.4M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,477.3	+0.037%	$3.9M	$4.8M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,477.2	+0.034%	$2.8M	$7.8M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,476.5	−0.014%	$46K	$152K	20x	as long as short
Lighter RH ZEC	+0.0128%	1h	1,478	+0.089%	$2.1M	$7.1M	10x	as long as short
Kraken Futures PF_ZECUSDlong	+0.0146%	1h	1,476.7	long leg	$18.1M	$45.7M	25x
RISEx ZEC/USDC	+0.0154%	1h	1,478.2	+0.103%	$933K	$1.1M	10x	as long as short
Lighter ZEC	+0.0184%	1h	1,477	+0.016%	$19.5M	$44.0M	20x	as long as short
Backpack ZEC_USDC_PERP	+0.0399%	1h	1,477.9	+0.078%	$2.4M	$3.7M	15x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0496%	1h	1,479.7	+0.205%	$3.7M	$9.3M	50x	as long as short
Arcus ZEC-USD	+0.0508%	1h	1,478.4	+0.112%	$662K	$8.2M	10x	as long as short
Aftermath Perps ZECUSD	+0.0717%	1h	1,472.8	−0.266%	$45K	$49K	10x	as long as short