I have a K&F variable ND screw-on filter. I want to buy the Cokin Z series holder for graduated ND filters.
Is it possible to use the Cokin Z holder with GNDs together with the variable ND screw-on filter?
It's possible to do what you want to do, but it's a little fiddly to use. Certainly doable, though.
I've done this with my 100 mm square filter system, and various different circular polarizers mounted to the lens. It's a bit tedious, but it works, and more importantly, doesn't limit you to just the thin CPL that is made to only fit a particular holder brand.
Other than the fiddle nature of the setup, the other major drawback is that sometimes it's difficult to remove filters (or adapters, in this case) that were mounted onto the front of a rotating-ring polarizer (which the VND counts as). This is especially true of aluminum filter rings & threads, which the vast majority of screw-on filters are these days (including K&F Concepts' filters). Be sure to buy a couple inexpensive filter wrenches and keep them with you in the field, incase the Cokin adapter gets a bit stuck onto the K&F VND.
Special note for K&F Concept VND filters
With the K&F Concept VND filters, you have to pay special attention to the fact that the rear (male) threads of the VND are a different diameter than the front (female) threads. In essence, in addition to being a variable ND filter, the K&F VND also acts as a step-up ring.
For instance, say you want to fit the VND onto a lens with a 67 mm filter thread. The K&F VND filter with a 67 mm male thread has a front female thread of 72 mm. That means you would need the Cokin Z 72 mm adapter in order to mount the square filter holder.
But now, you can't mount the Cokin holder onto the lens without the K&F VND, unless you either also buy the Cokin Z 67 mm adapter, or you buy a 67–72 mm step-up ring in order to use the 72 mm Cokin adapter. The step-up ring is definitely the cheaper option.
The FAQ section at the K&F Concepts' VND product page states,
What is the lens hood/lens cap size if used on variable ND filters?
For this series, front thread diameter is bigger than the back thread diameter.
Variable ND filter size other accessories size 37mm 40.5mm 40.5mm 43mm 43mm 46mm 46mm 49mm 49mm 52mm 52mm 55mm 55mm 58mm 58mm 62mm 62mm 67mm 67mm 72mm 72mm 77mm 77mm 82mm 82mm 86mm