Funding you earn now, next payment 02:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.054%
Price spread now: Hotstuff against Pacifica−0.084%7-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
=Together, before fees—+ Points / potential airdropPacifica: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.084% cheaper against Pacifica than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ZEC | 1,476.5 | 0.0100 | pay 0.0013% / 1h | 26m 28s | $1.7M | $2.7M | 10x |
| Short | Hotstuff ZEC-PERP | 1,475.3 | −0.0080 | pay 0.0010% / 1h | 26m 28s | $6K | $1K | 10x |
Pacifica ZEC
Hotstuff ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Pacifica. 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
- −$37.8
- Price spread: −0.084% → 0.000%
- −$8.36
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$59.16
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 3 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 Pacifica live order book, 3 min ago | 0.78 bp | 5.8 bp −$6 | doesn't fit | 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 | −0.3678% | 1h | 1,475.4 | −0.073% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERPshort | −0.0080% | 1h | 1,475.3 | −0.084% | $6K | $1K | 10x | |
| Ondo Perps ZEC-USD.P | −0.0017% | 1h | 1,474.1 | −0.164% | $400K | $518K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,475 | −0.101% | $18.1M | $43.5M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,475.9 | −0.041% | $416K | $55K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,476.4 | −0.006% | $976K | $5.0M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,476 | −0.036% | $84K | $254K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,474.8 | −0.119% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0027% | 8h | 1,476 | −0.034% | $295K | $1.1M | 20x | as long as short |
| Variational Omni ZEC | +0.0048% | 8h | 1,474.4 | −0.142% | $48.1M | $32.8M | — | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Variational Omni ZECShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,474.6 | −0.128% | $385K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,476.9 | +0.023% | $8K | $9K | 5x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,478.2 | +0.115% | $4.7M | $1.5M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,476.8 | +0.017% | $174K | $1.8M | 50x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0097% | 8h | 1,475.9 | −0.040% | $181.7M | $1.28B | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,476.6 | +0.002% | $17K | $840K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,476.8 | +0.019% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,477 | +0.030% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,477.8 | +0.090% | $769.2M | $445.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,476.2 | −0.019% | $14.9M | $30.8M | 75x | as long as short |
| Pacifica ZEClong | +0.0100% | 1h | 1,476.5 | long leg | $1.7M | $2.7M | 10x | |
| Binance ZECUSDT | +0.0100% | 8h | 1,476.1 | −0.031% | $682.2M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,475.3 | −0.084% | $272.1M | $617.9M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,476.6 | +0.004% | $896K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,476.3 | −0.014% | $50.2M | $175.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,476.7 | +0.013% | $216.4M | $799.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,476.6 | +0.003% | $103.9M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,476.1 | −0.030% | $164.0M | $283.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,474.1 | −0.166% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,476.1 | −0.029% | $574K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,475 | −0.102% | $3.0M | $443K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,474 | −0.168% | $429K | $907K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,475.6 | −0.065% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,476.6 | +0.006% | $340K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,474.7 | −0.121% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,474.5 | −0.137% | $459K | $511K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,477.7 | +0.080% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,474.9 | −0.111% | $243K | $3.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,475.7 | −0.055% | $2.6M | $18.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,475.7 | −0.056% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,476.5 | −0.004% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,476 | −0.037% | $48K | $162K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0128% | 1h | 1,475.7 | −0.058% | $614K | $1.3M | 25x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,477.5 | +0.068% | $685K | $8.7M | 10x | as long as short |
| Lighter ZEC | +0.0264% | 1h | 1,477.7 | +0.077% | $19.3M | $48.1M | 20x | as long as short |
| Lighter RH ZEC | +0.0304% | 1h | 1,477.4 | +0.057% | $2.1M | $7.1M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,477.2 | +0.049% | $867K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,477.8 | +0.088% | $3.7M | $9.5M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0503% | 1h | 1,475.5 | −0.067% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0732% | 1h | 1,475.7 | −0.055% | $44K | $46K | 10x | as long as short |
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
Phoenix ZEC
Popdex ZECUSDT
OKX ZEC-USDT-SWAP
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Binance ZECUSDT
Bybit ZECUSDT
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
Arcus ZEC-USD
Lighter ZEC
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD