Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against Phemex−0.002%7-day average +0.002% · 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−$47as in the Price arb table
costs, in and out, $10k−$470.466% of the position
Funding, last 3 days (all we have)+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−1.437%−$144 · spread now −0.002%, 7d avg +0.002%
=Together, before fees−1.400%+ Points / potential airdropNado: Active · farm board−$140 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ZECUSDT | 1,456.3 | 0.0100 | pay 0.0100% / 8h | 5h 29m | $3.8M | $5.1M | 50x |
| Short | Nado ZEC-PERP | 1,456.2 | 0.0100 | get 0.0012% / 1h | 29m 16s | $2.6M | $6.5M | 10x |
Phemex ZECUSDT
Nado ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Phemex. 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
- $0
- Price spread: −0.002% → +0.002%
- −$0.45
- Slippage, 4 orders
- −$27.57
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$47.02
- Costs to cover
- 0.466%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; Nado: live order book, 5 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 Phemex live order book, 5 min ago | 1.00 bp | 22.0 bp −$22 | 32.4 bp −$324 | doesn't fit | doesn't fit |
| Sell Nado live order book, 5 min ago | 0.03 bp | 5.3 bp −$5 | 10.1 bp −$101 | 34.0 bp −$3,396 | doesn't fit |
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 | −0.3244% | 1h | 1,455.5 | −0.053% | $34K | $272K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0082% | 8h | 1,456.6 | +0.025% | $29.1M | $71.0M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,458 | +0.121% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,457.2 | +0.065% | $410K | $44K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,458 | +0.118% | $1.5M | $5.1M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,456.9 | +0.045% | $83K | $243K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,456.6 | +0.024% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0044% | 8h | 1,456.5 | +0.015% | $291K | $979K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0061% / S −0.0011% | 1h | 1,456.2 | −0.007% | $409K | — | 100x | as long as short |
| Phoenix ZEC | +0.0074% | 1h | 1,459.6 | +0.226% | $4.6M | $1.4M | 10x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ZECUSDT | +0.0094% | 1h | 1,456.7 | +0.029% | $410K | $911K | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,457.4 | +0.080% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,458.7 | +0.168% | $24K | $872K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,457.7 | +0.098% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERPshort | +0.0100% | 1h | 1,456.2 | −0.002% | $2.6M | $6.5M | 10x | |
| Hyperliquid ZEC | +0.0100% | 1h | 1,458 | +0.119% | $763.0M | $438.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,456.4 | +0.012% | $14.5M | $28.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,458 | +0.116% | $1.7M | $2.6M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,455.8 | −0.034% | $666.8M | $2.27B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,455.3 | −0.067% | $266.0M | $611.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,455.7 | −0.042% | $178.6M | $1.24B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,457.5 | +0.084% | $396K | $436K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,451.2 | −0.346% | $879K | $21K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,456.5 | +0.019% | $49.5M | $173.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,455.8 | −0.034% | $213.0M | $776.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,456.7 | +0.031% | $102.1M | $56.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,456.4 | +0.009% | $161.8M | $278.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,456.5 | +0.016% | — | $97.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,459.5 | +0.221% | $2.4M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,454.2 | −0.140% | $47.0M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,453.2 | −0.213% | $565K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,458.3 | +0.136% | $3.0M | $419K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,457.8 | +0.106% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,457 | +0.050% | $331K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,456.5 | +0.014% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,455.1 | −0.080% | $444K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,459.3 | +0.206% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,455.9 | −0.027% | $233K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,456 | −0.020% | $2.6M | $18.4M | 75x | as long as short |
| Phemex ZECUSDTlong | +0.0100% | 8h | 1,456.3 | long leg | $3.8M | $5.1M | 50x | |
| Extended ZEC-USD | +0.0104% | 1h | 1,455.9 | −0.024% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,456.1 | −0.014% | $47K | $153K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0128% | 1h | 1,458.1 | +0.124% | $8K | $7K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0196% | 1h | 1,455.5 | −0.052% | $18.0M | $44.7M | 25x | as long as short |
| Lighter ZEC | +0.0208% | 1h | 1,457.4 | +0.078% | $19.0M | $46.5M | 20x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,459.4 | +0.213% | $706K | $8.5M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0295% | 1h | 1,457.1 | +0.058% | $613K | $1.3M | 25x | as long as short |
| Lighter RH ZEC | +0.0344% | 1h | 1,457.7 | +0.095% | $2.0M | $6.9M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,458 | +0.116% | $832K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,458.2 | +0.135% | $3.7M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0698% | 1h | 1,455.5 | −0.055% | $45K | $49K | 10x | as long as short |
ApeX Omni ZECUSDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
Kraken Futures PF_ZECUSD
Lighter ZEC
Arcus ZEC-USD
Deribit ZEC_USDC-PERPETUAL
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD