Funding you earn now, next payment 00:00 UTC+0.0392%/8h= +42.9% APRnext payment +$0.49 per $10,000 · paid last 24h +0.022%
Price spread now: Lighter RH against Aevo+0.133%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$400.401% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 3 days (all we have)−0.357%−$36 · spread now +0.133%, 7d avg +0.070%
=Together, before fees−0.207%+ Points / potential airdropLighter RH: Points live · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Lighter RH is 0.063% dearer against Aevo than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.070%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.149% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ZEC-PERP | 1,472.4 | 0.0104 | pay 0.0013% / 1h | 50m 39s | $37K | $366K | 20x |
| Short | Lighter RH ZEC | 1,474.4 | 0.0496 | get 0.0062% / 1h | 50m 39s | $2.0M | $8.2M | 10x |
Aevo ZEC-PERP
Lighter RH ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $82.32
- Price spread: +0.133% → +0.070%
- $6.33
- Slippage, 4 orders
- −$24.1
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $48.55
- Costs to cover
- 0.401%
- Break-even
- 2.9 days
Slippage from Aevo: live order book, 28 min ago; Lighter RH: live order book, 3 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, 28 min ago | 6.55 bp | 16.2 bp −$16 | 22.2 bp −$222 | 35.0 bp −$3,498 | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.86 bp | 1.9 bp −$2 | 3.6 bp −$36 | doesn't fit | 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 | −0.3089% | 1h | 1,473.9 | +0.105% | $34K | $275K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0302% | 1h | 1,471.3 | −0.074% | $399K | $516K | 5x | as long as short |
| ApeX Omni ZECUSDT | −0.0243% | 1h | 1,474.7 | +0.155% | $432K | $828K | 50x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0225% | 1h | 1,472.7 | +0.022% | $17.9M | $44.6M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0111% | 8h | 1,472.4 | +0.002% | $29.4M | $75.5M | 75x | as long as short |
| Bybit ZECUSDT | −0.0089% | 8h | 1,470.8 | −0.111% | $273.2M | $660.7M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.7 | +0.019% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0037% | 8h | 1,473.4 | +0.070% | $47.0M | $33.5M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,472.5 | +0.009% | $415K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,473.3 | +0.059% | $901K | $5.6M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
ApeX Omni ZECUSDT
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Bybit ZECUSDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,472.5 | +0.006% | $84K | $404K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,473.4 | +0.070% | $615K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,473.1 | +0.047% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0010% | 8h | 1,472.4 | +0.002% | $294K | $1.4M | 20x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,475.6 | +0.219% | $4.7M | $1.6M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0037% | 8h | 1,471.1 | −0.090% | $180.5M | $1.34B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,472.9 | +0.037% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0044% | 8h | 1,472.2 | −0.016% | $50.6M | $184.2M | 75x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0011% | 1h | 1,472.9 | +0.036% | $366K | — | 100x | as long as short |
| SoDEX ZEC-USD | +0.0090% | 1h | 1,472.4 | +0.002% | $226K | $4.5M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,472.6 | +0.015% | $176K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,473.5 | +0.076% | $12K | $828K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,472 | −0.027% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,473.4 | +0.069% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,473.4 | +0.069% | $764.6M | $473.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,472 | −0.023% | $15.5M | $32.6M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,472.5 | +0.010% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,471.9 | −0.034% | $681.0M | $2.46B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,472.8 | +0.030% | $716K | $8.3M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,472 | −0.026% | $908K | $26K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,471.5 | −0.059% | $221.9M | $830.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,472.2 | −0.013% | $104.1M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,471.3 | −0.074% | $162.5M | $302.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,470.1 | −0.155% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,474.3 | +0.130% | $513K | $9.3M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,475.5 | +0.213% | $3.0M | $466K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,473.9 | +0.104% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,472.6 | +0.015% | $347K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,472.5 | +0.008% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,471 | −0.091% | $448K | $503K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474.9 | +0.169% | $3K | $1.2M | 20x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,472.1 | −0.021% | $2.5M | $23.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,473 | +0.042% | $3.9M | $5.3M | 50x | as long as short |
| Lighter ZEC | +0.0104% | 1h | 1,473.3 | +0.062% | $19.1M | $52.1M | 20x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,471.4 | −0.066% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERPlong | +0.0104% | 1h | 1,472.4 | long leg | $37K | $366K | 20x | |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,471.8 | −0.042% | $834K | $1.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,474.9 | +0.173% | $3.8M | $11.0M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0458% | 1h | 1,473.4 | +0.067% | $2.4M | $3.7M | 15x | as long as short |
| Lighter RH ZECshort | +0.0496% | 1h | 1,474.4 | +0.133% | $2.0M | $8.2M | 10x | |
| Aftermath Perps ZECUSD | +0.0636% | 1h | 1,474.2 | +0.121% | $46K | $47K | 10x | as long as short |
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Phoenix ZEC
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
Gate ZEC_USDT
GMX ZEC/USD [WBTC.b-USDC]
SoDEX ZEC-USD
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
HTX ZEC-USDT
Phemex ZECUSDT
Lighter ZEC
Extended ZEC-USD
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD