Funding you earn now, next payment 00:00 UTC+0.0428%/8h= +46.9% APRpaid last 24h +0.037%
Price spread now: Lighter RH against Aster+0.144%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$160.161% of the position
Funding, last 5 days (all we have)+0.318%+$32 on $10k
+Price spread, last 7 days−0.106%−$11 · spread now +0.144%, 7d avg +0.086%
=Together, before fees+0.212%+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Lighter RH is 0.059% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.086%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZECUSDT | 1,475.2 | 0.0100 | pay 0.0100% / 8h | 55m 11s | $15.7M | $32.5M | 75x |
| Short | Lighter RH ZEC | 1,477.3 | 0.0528 | get 0.0066% / 1h | 55m 11s | $2.0M | $8.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Aster. 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
- $89.88
- Price spread: +0.144% → +0.086%
- $5.86
- Slippage, 4 orders
- −$8.12
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $79.62
- Costs to cover
- 0.161%
- Break-even
- 0.8 days
Slippage from Aster: live order book, 4 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 Aster live order book, 4 min ago | 1.09 bp | 5.2 bp −$5 | 6.8 bp −$68 | 20.2 bp −$2,023 | 98.2 bp −$49.1K |
| Sell Lighter RH live order book, 3 min ago | 1.46 bp | 2.2 bp −$2 | 4.0 bp −$40 | 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 | 1,475.9 | +0.046% | $34K | $275K | 12x | as long as short |
| ApeX Omni ZECUSDT | −0.0365% | 1h | 1,474 | −0.078% | $432K | $827K | 50x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0315% | 1h | 1,473.5 | −0.114% | $400K | $517K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0224% | 1h | 1,475.3 | +0.009% | $18.0M | $45.0M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0111% | 8h | 1,475 | −0.013% | $29.4M | $75.9M | 75x | as long as short |
| Bybit ZECUSDT | −0.0082% | 8h | 1,474.7 | −0.035% | $273.8M | $665.7M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,474 | −0.081% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0037% | 8h | 1,473.4 | −0.119% | $47.0M | $33.5M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,473.8 | −0.095% | $415K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,475.1 | −0.009% | $901K | $5.6M | 2.2x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,474.6 | −0.038% | $84K | $404K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,476 | +0.056% | $616K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,475.6 | +0.029% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0010% | 8h | 1,475.1 | −0.009% | $295K | $1.4M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,475.2 | −0.002% | $8K | $8K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0038% / S +0.0009% | 1h | 1,475.6 | +0.026% | $367K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0040% | 8h | 1,475 | −0.011% | $180.1M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0046% | 8h | 1,475.1 | −0.006% | $50.5M | $183.7M | 75x | as long as short |
| SoDEX ZEC-USD | +0.0068% | 1h | 1,475.1 | −0.005% | $227K | $4.5M | 10x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,475.4 | +0.016% | $4.7M | $1.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,474.6 | −0.037% | $176K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,475.3 | +0.007% | $12K | $828K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,474.3 | −0.059% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,474.8 | −0.026% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,476.5 | +0.090% | $766.3M | $479.9M | 10x | as long as short |
| Aster ZECUSDTlong | +0.0100% | 8h | 1,475.2 | long leg | $15.7M | $32.5M | 75x | |
| Pacifica ZEC | +0.0100% | 1h | 1,474.8 | −0.025% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,475 | −0.013% | $682.4M | $2.47B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,475.4 | +0.014% | $715K | $8.3M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,471.1 | −0.275% | $908K | $26K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,475.1 | −0.005% | $222.9M | $829.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,475.3 | +0.009% | $104.3M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,475.3 | +0.005% | $163.0M | $304.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,474.1 | −0.073% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,473.3 | −0.126% | $515K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,474.7 | −0.031% | $3.0M | $482K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,475.4 | +0.013% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,474.6 | −0.039% | $348K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,475.1 | −0.007% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,473.6 | −0.107% | $449K | $503K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,477.5 | +0.154% | $3K | $1.2M | 20x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,474.4 | −0.051% | $2.5M | $23.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,475.3 | +0.011% | $3.9M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,475.6 | +0.032% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,475 | −0.009% | $37K | $366K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,475.3 | +0.008% | $836K | $1.3M | 10x | as long as short |
| Lighter ZEC | +0.0136% | 1h | 1,476.9 | +0.116% | $19.1M | $52.1M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,477.6 | +0.167% | $3.8M | $11.4M | 50x | as long as short |
| Lighter RH ZECshort | +0.0528% | 1h | 1,477.3 | +0.144% | $2.0M | $8.2M | 10x | |
| Backpack ZEC_USDC_PERP | +0.0608% | 1h | 1,476.2 | +0.070% | $2.4M | $3.7M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0620% | 1h | 1,473.5 | −0.114% | $46K | $47K | 10x | as long as short |
Aster ZECUSDT
Lighter RH ZEC
Injective ZEC/USDC PERP
ApeX Omni ZECUSDT
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Bybit ZECUSDT
Variational Omni ZEC
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
SoDEX ZEC-USD
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
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
Extended ZEC-USD
RISEx ZEC/USDC
Lighter ZEC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD