Funding you earn now, next payment 22:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.029%
Price spread now: Lighter against Aevo+0.010%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$400.398% of the position
Funding, last 7 days+0.296%+$30 on $10k
+Price spread, last 3 days (all we have)−0.649%−$65 · spread now +0.010%, 7d avg +0.062%
=Together, before fees−0.353%+ Points / potential airdropLighter: Season 3 · farm board−$35 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.052% cheaper against Aevo than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ZEC-PERP | 1,446.3 | 0.0104 | pay 0.0013% / 1h | 33m 48s | $36K | $362K | 20x |
| Short | Lighter ZEC | 1,446.5 | 0.0096 | get 0.0012% / 1h | 33m 48s | $18.7M | $54.4M | 20x |
Aevo ZEC-PERP
Lighter ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aevo. 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
- −$1.68
- Price spread: +0.010% → +0.062%
- −$5.24
- Slippage, 4 orders
- −$23.78
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$46.7
- Costs to cover
- 0.398%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 55 min ago; Lighter: 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 Aevo live order book, 55 min ago | 3.93 bp | 16.8 bp −$17 | 28.4 bp −$284 | 42.5 bp −$4,254 | doesn't fit |
| Sell Lighter live order book, 5 min ago | 1.02 bp | 1.5 bp −$1 | 2.6 bp −$26 | 14.0 bp −$1,404 | 66.3 bp −$33.2K |
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 | −0.3476% | 1h | 1,438.5 | −0.540% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,448.8 | +0.174% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,446.3 | −0.001% | $17.6M | $44.3M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0066% | 8h | 1,450 | +0.256% | $28.8M | $74.7M | 75x | as long as short |
| Variational Omni ZEC | −0.0009% | 8h | 1,449.1 | +0.193% | $45.6M | $32.2M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,445.1 | −0.081% | $407K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,448.6 | +0.156% | $905K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,448 | +0.116% | $82K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,446.7 | +0.028% | $589K | $1.3M | 25x | as long as short |
| Bybit ZECUSDT | +0.0005% | 8h | 1,444.8 | −0.108% | $266.5M | $676.1M | 75x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
Bybit ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,447.8 | +0.101% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0014% | 8h | 1,446.5 | +0.010% | $290K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0030% / S +0.0070% | 1h | 1,447.6 | +0.085% | $542K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0054% | 8h | 1,445.5 | −0.060% | $170.9M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0070% | 8h | 1,444.3 | −0.141% | $49.4M | $187.4M | 75x | as long as short |
| Aster ZECUSDT | +0.0076% | 8h | 1,445.2 | −0.075% | $15.2M | $34.7M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,448.5 | +0.152% | $8K | $8K | 5x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0093% | 1h | 1,448.2 | +0.130% | $394K | $518K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,448.1 | +0.123% | $13K | $871K | 10x | as long as short |
| Lighter ZECshort | +0.0096% | 1h | 1,446.5 | +0.010% | $18.7M | $54.4M | 20x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,447.9 | +0.112% | $177K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,446 | −0.023% | $59K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,448.7 | +0.163% | $3.0M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,445 | −0.091% | $747.3M | $492.8M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,445.5 | −0.059% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,445.2 | −0.076% | $657.7M | $2.53B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,452.5 | +0.428% | $895K | $33K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,445.2 | −0.075% | $214.5M | $890.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,444.5 | −0.123% | $103.1M | $56.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,444.5 | −0.126% | $160.1M | $313.1M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,444.5 | −0.128% | — | $105.5M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,445.9 | −0.026% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,450.9 | +0.317% | $487K | $9.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,450.3 | +0.273% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,451.4 | +0.352% | $706K | $607K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,450.2 | +0.270% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,447.6 | +0.089% | $297K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,447.5 | +0.082% | $126K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,445.1 | −0.087% | $439K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,447.9 | +0.111% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,446.7 | +0.024% | $220K | $4.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,446.2 | −0.011% | $2.4M | $24.8M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,446.1 | −0.014% | $3.7M | $5.3M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.3 | +0.416% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,444.7 | −0.115% | $3.2M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERPlong | +0.0104% | 1h | 1,446.3 | long leg | $36K | $362K | 20x | |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,448.8 | +0.173% | $865K | $1.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,448.6 | +0.158% | $3.7M | $11.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0444% | 1h | 1,451.1 | +0.332% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,450.6 | +0.294% | $756K | $7.9M | 10x | as long as short |
| Lighter RH ZEC | +0.0696% | 1h | 1,446.9 | +0.042% | $1.9M | $8.4M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Aster ZECUSDT
01 Exchange ZECUSD
Ondo Perps ZEC-USD.P
Katana Perps ZEC-USD
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
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
Phoenix ZEC
Extended ZEC-USD
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC