ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.22 per $10,000 · paid last 24h −0.054%

Price spread now: Hotstuff against Nado+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 Nado 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 airdropNado: Active · Hotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Hotstuff is 0.024% dearer against Nado 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 −$5 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	Nado ZEC-PERP	1,498.3	0.0100	pay 0.0012% / 1h	59m 55s	$3.1M	$7.5M	10x
Short	Hotstuff ZEC-PERP	1,498.7	−0.0080	pay 0.0010% / 1h	59m 55s	$6K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Nado. 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 NadobpFee HotstuffbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$37.8
Price spread: +0.024% → 0.000%: $2.41
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$47.39
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 4 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 Nado live order book, 4 min ago	0.03 bp	5.4 bp −$5	10.6 bp −$106	doesn't fit	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 50 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	−0.3702%	1h	1,478.9	−1.292%	$36K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,496.7	−0.105%	$61K	$307K	10x	as long as short
Aftermath Perps ZECUSD	−0.0240%	1h	1,498.9	+0.043%	$46K	$60K	10x	as long as short
BloFin ZEC-USDT	−0.0154%	8h	1,499.1	+0.055%	$31.7M	$75.6M	75x	as long as short
Hotstuff ZEC-PERPshort	−0.0080%	1h	1,498.7	+0.024%	$6K	$1K	10x
Kalshi KXZECPERP	0.0000%	8h	1,498.7	+0.029%	$1.5M	$5.0M	2.2x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,498	−0.020%	$5.3M	—	150x	as long as short
Kraken Futures PF_ZECUSD	+0.0019%	1h	1,498.4	+0.010%	$18.3M	$47.4M	25x	as long as short
01 Exchange ZECUSD	+0.0032%	1h	1,498.9	+0.041%	$8K	$6K	5x	as long as short
dYdX ZEC-USD	+0.0064%	1h	1,498.1	−0.012%	$413K	$34K	5x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix ZEC	+0.0082%	1h	1,497.9	−0.029%	$4.8M	$1.4M	10x	as long as short
Orderly PERP_ZEC_USDC	+0.0083%	8h	1,497.7	−0.038%	$302K	$860K	20x	as long as short
Lighter ZEC	+0.0096%	1h	1,499.3	+0.064%	$19.5M	$46.2M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,499.2	+0.063%	$2.1M	$7.7M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,498.9	+0.040%	$176K	$1.8M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0099%	8h	1,498.1	−0.012%	$62K	$16K	10x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,498.6	+0.023%	$15K	$885K	10x	as long as short
Nado ZEC-PERPlong	+0.0100%	1h	1,498.3	long leg	$3.1M	$7.5M	10x
Hyperliquid ZEC	+0.0100%	1h	1,498.9	+0.041%	$785.6M	$445.3M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,496.5	−0.117%	$14.0M	$29.2M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,498.8	+0.037%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,497.1	−0.083%	$706.5M	$2.28B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,496.2	−0.139%	$272.9M	$606.1M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,496.7	−0.109%	$186.0M	$1.34B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,495.1	−0.213%	$407K	$529K	5x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,499.9	+0.106%	$604K	$8.7M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,501.6	+0.218%	$772K	$147K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,496.8	−0.098%	$60.4M	$189.9M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,497	−0.086%	$405.9M	$847.7M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,496.8	−0.101%	$102.6M	$55.2M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,496.7	−0.106%	$163.1M	$290.4M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,497.5	−0.055%	—	$120.0M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,498.5	+0.013%	$2.3M	$3.7M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,497	−0.084%	$49.5M	$35.3M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,499.6	+0.090%	$548K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,499.1	+0.051%	$3.1M	$561K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,499	+0.050%	$412K	$955K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,500.6	+0.154%	$50K	$4.5M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,498.9	+0.041%	$372K	$1.6M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,498.1	−0.010%	$168K	$190K	20x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,500.4	+0.138%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,498.1	−0.012%	$256K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,498.7	+0.029%	$2.7M	$20.7M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,498.5	+0.014%	$4.0M	$4.8M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,496.6	−0.115%	$2.7M	$7.6M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,498.1	−0.014%	$43K	$157K	20x	as long as short
RISEx ZEC/USDC	+0.0157%	1h	1,498.8	+0.035%	$988K	$1.2M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0167% / S −0.0166%	1h	1,498.9	+0.041%	$341K	—	100x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0205%	1h	1,498.7	+0.026%	$686K	$1.3M	25x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0368%	1h	1,499.7	+0.095%	$3.9M	$9.8M	50x	as long as short