Funding you earn now, next payment 03:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.10 per $10,000 · paid last 24h +0.120%
Price spread now: Lighter against ApeX Omni−0.485%108s7-day average +0.203% · you buy dearer than you sell
Net, funding: paid 7d − costs+$112as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$260.265% of the position
Funding, last 7 days+1.387%+$139 on $10k
+Price spread, last 7 days+0.653%+$65 · spread now −0.485%, 7d avg +0.203%
=Together, before fees+2.040%+ Points / potential airdropLighter: Season 3 · farm board+$204 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.688% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.485% now, against its 7-day average of +0.203%). If the spread goes back, that is −$69 on $10k: about 30 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+1.387% in total) that is about 3.5 days. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ZECUSDT | 1,458.9 | 0.0100 | pay 0.0013% / 1h | 39m 33s | $420K | $883K | 50x |
| Short | Lighter ZEC | 1,451.8 | 0.0176 | get 0.0022% / 1h | 39m 33s | $19.0M | $46.2M | 20x |
ApeX Omni ZECUSDT
Lighter ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. 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
- $15.96
- Price spread: −0.485% → +0.203%
- −$68.81
- Slippage, 4 orders
- −$16.48
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$79.33
- Costs to cover
- 0.265%
- Break-even
- 41.8 days
Slippage from ApeX Omni: live order book, 24 min ago; Lighter: live order book, 9 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 ApeX Omni live order book, 24 min ago | 4.56 bp | 10.5 bp −$11 | 34.5 bp −$345 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 9 min ago | 1.13 bp | 1.1 bp −$1 | 3.0 bp −$30 | 16.0 bp −$1,599 | 78.8 bp −$39.4K |
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 | 1,460 | +0.082% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,453.1 | −0.395% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0078% | 8h | 1,455.1 | −0.258% | $29.4M | $70.8M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,449.9 | −0.613% | $408K | $45K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,454.1 | −0.326% | $962K | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,453.3 | −0.382% | $83K | $249K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,452.2 | −0.457% | $604K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,452.3 | −0.450% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0038% | 8h | 1,451.8 | −0.483% | $290K | $979K | 20x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0043% | 1h | 1,450 | −0.607% | $396K | $432K | 5x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Ondo Perps ZEC-USD.PShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0054% / S −0.0009% | 1h | 1,451.9 | −0.474% | $377K | — | 100x | as long as short |
| Phoenix ZEC | +0.0074% | 1h | 1,459.6 | +0.051% | $4.6M | $1.4M | 10x | as long as short |
| Gate ZEC_USDT | +0.0090% | 8h | 1,450.2 | −0.595% | $49.2M | $171.6M | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,449.2 | −0.659% | $172K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,448.4 | −0.717% | $13K | $855K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,451.2 | −0.526% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,454.2 | −0.321% | $2.5M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,451.3 | −0.518% | $755.2M | $432.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,452.2 | −0.459% | $14.4M | $28.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,451.2 | −0.522% | $1.7M | $2.6M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,450.9 | −0.543% | $666.1M | $2.26B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,450.2 | −0.596% | $267.2M | $609.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,450.4 | −0.578% | $179.3M | $1.23B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,458.7 | −0.014% | $886K | $16K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,450.5 | −0.576% | $212.3M | $773.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,451 | −0.538% | $101.9M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,450.4 | −0.581% | $160.6M | $276.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,449.8 | −0.621% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,453.2 | −0.386% | $2.4M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,454.9 | −0.270% | $47.2M | $32.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,456.5 | −0.164% | $567K | $8.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,459.3 | +0.029% | $3.0M | $418K | 10x | as long as short |
| ApeX Omni ZECUSDTlong | +0.0100% | 1h | 1,458.9 | long leg | $420K | $883K | 50x | |
| StandX ZEC-USD | +0.0100% | 1h | 1,459.5 | +0.042% | $70K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,453.3 | −0.380% | $323K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,452 | −0.472% | $126K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,450.7 | −0.561% | $443K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,454.7 | −0.287% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,452.2 | −0.453% | $232K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,451.4 | −0.508% | $2.6M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,452.9 | −0.406% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,450 | −0.603% | $2.8M | $7.7M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0104% | 1h | 1,449.8 | −0.621% | $8K | $7K | 5x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,451.7 | −0.488% | $48K | $155K | 20x | as long as short |
| Lighter ZECshort | +0.0176% | 1h | 1,451.8 | −0.485% | $19.0M | $46.2M | 20x | |
| Kraken Futures PF_ZECUSD | +0.0196% | 1h | 1,452.5 | −0.433% | $17.8M | $44.0M | 25x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,453 | −0.400% | $721K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0336% | 1h | 1,451.8 | −0.482% | $2.0M | $6.8M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,449.6 | −0.633% | $823K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,453.8 | −0.345% | $3.6M | $9.0M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0722% | 1h | 1,459.7 | +0.060% | $43K | $46K | 10x | as long as short |
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
Gate ZEC_USDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Phemex ZECUSDT
Extended ZEC-USD
01 Exchange ZECUSD
Aevo ZEC-PERP
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD