Funding you earn now, next payment 06:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.05 per $10,000 · paid last 24h −0.054%
Price spread now: Kraken Futures against Nado−0.062%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$330.328% of the position
Funding, last 3 days (all we have)−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)+0.295%+$30 · spread now −0.062%, 7d avg −0.001%
=Together, before fees+0.224%+ Points / potential airdropNado: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.061% cheaper against Nado than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of −0.001%). If the spread goes back, that is −$6 on $10k: about 4.6 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.071%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ZEC-PERP | 1,496.4 | 0.0100 | pay 0.0012% / 1h | 5m 11s | $2.8M | $6.6M | 10x |
| Short | Kraken Futures PF_ZECUSD | 1,495.4 | 0.0144 | get 0.0018% / 1h | 5m 11s | $18.1M | $46.2M | 25x |
Nado ZEC-PERP
Kraken Futures PF_ZECUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Nado. 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
- $9.19
- Price spread: −0.062% → −0.001%
- −$6.07
- Slippage, 4 orders
- −$15.77
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$29.65
- Costs to cover
- 0.328%
- Break-even
- 29.6 days
Slippage from Nado: live order book, 4 min ago; Kraken Futures: live order book, 4 min ago.
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 | 4.7 bp −$5 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 3.98 bp | 11.8 bp −$12 | 15.2 bp −$152 | 24.1 bp −$2,413 | 114.4 bp −$57.2K |
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 | 1,479.2 | −1.150% | $34K | $273K | 12x | as long as short |
| Bulk ZEC-USD | −0.0279% | 1h | 1,512.6 | +1.086% | $914K | $15K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0119% | 8h | 1,495.2 | −0.076% | $30.5M | $73.9M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,499.7 | +0.220% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,498.3 | +0.128% | $416K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,496.1 | −0.015% | $1.7M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,496.1 | −0.017% | $86K | $239K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,495.6 | −0.052% | $711K | $1.4M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,495.7 | −0.045% | $5.3M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0069% | 8h | 1,495.6 | −0.052% | $298K | $1.1M | 20x | as long as short |
Injective ZEC/USDC PERP
Bulk ZEC-USD
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0088% | 1h | 1,496 | −0.022% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0092% | 1h | 1,500.8 | +0.297% | $4.8M | $1.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,496 | −0.023% | $152K | $1.7M | 50x | as long as short |
| Nado ZEC-PERPlong | +0.0100% | 1h | 1,496.4 | long leg | $2.8M | $6.6M | 10x | |
| Hyperliquid ZEC | +0.0100% | 1h | 1,497 | +0.043% | $780.8M | $437.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,495.3 | −0.074% | $14.2M | $29.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,498.4 | +0.138% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,495 | −0.089% | $694.4M | $2.27B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,495 | −0.093% | $274.5M | $620.3M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,495.6 | −0.052% | $181.2M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,495.9 | −0.031% | $407K | $481K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,495.8 | −0.041% | $54.0M | $182.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,495.6 | −0.051% | $225.5M | $783.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,495.7 | −0.045% | $103.1M | $56.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,495.6 | −0.050% | $161.2M | $284.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,494.5 | −0.126% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,498.3 | +0.132% | $49.0M | $33.3M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,496.9 | +0.033% | $573K | $8.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,498.9 | +0.170% | $3.1M | $477K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,499.7 | +0.223% | $415K | $930K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,499.2 | +0.192% | $57K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,495.5 | −0.058% | $362K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,495.7 | −0.046% | $165K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,494.2 | −0.143% | $456K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,498.3 | +0.131% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,495.4 | −0.064% | $255K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,495 | −0.090% | $2.6M | $19.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,495.3 | −0.068% | $4.0M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,497.1 | +0.050% | $62K | $43K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,496.1 | −0.016% | $13K | $856K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,495 | −0.090% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,495.1 | −0.082% | $45K | $149K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0108% / S −0.0084% | 1h | 1,495.4 | −0.067% | $404K | — | 100x | as long as short |
| Kraken Futures PF_ZECUSDshort | +0.0144% | 1h | 1,495.4 | −0.062% | $18.1M | $46.2M | 25x | |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,496.2 | −0.011% | $934K | $1.2M | 10x | as long as short |
| Lighter ZEC | +0.0216% | 1h | 1,497 | +0.043% | $19.6M | $45.9M | 20x | as long as short |
| Lighter RH ZEC | +0.0216% | 1h | 1,497 | +0.043% | $2.1M | $7.3M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0360% | 1h | 1,495.8 | −0.035% | $2.3M | $3.8M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0417% | 1h | 1,500 | +0.240% | $50K | $61K | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,497.8 | +0.095% | $3.7M | $9.9M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,497.9 | +0.100% | $618K | $8.5M | 10x | as long as short |
01 Exchange ZECUSD
Phoenix ZEC
Popdex ZECUSDT
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
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
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDC
Lighter ZEC
Lighter RH ZEC
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD