Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,475.20.0100pay 0.0100% / 8h55m 11s$15.7M$32.5M75x
ShortLighter RH ZEC1,477.30.0528get 0.0066% / 1h55m 11s$2.0M$8.2M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 4 min ago1.09 bp5.2 bp −$56.8 bp −$6820.2 bp −$2,02398.2 bp −$49.1K
Sell Lighter RH live order book, 3 min ago1.46 bp2.2 bp −$24.0 bp −$40doesn't fitdoesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3089%1h1,475.9+0.046%$34K$275K12xas long as short
ApeX Omni ZECUSDT−0.0365%1h1,474−0.078%$432K$827K50xas long as short
Ondo Perps ZEC-USD.P−0.0315%1h1,473.5−0.114%$400K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0224%1h1,475.3+0.009%$18.0M$45.0M25xas long as short
BloFin ZEC-USDT−0.0111%8h1,475−0.013%$29.4M$75.9M75xas long as short
Bybit ZECUSDT−0.0082%8h1,474.7−0.035%$273.8M$665.7M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,474−0.081%$6K$2K10xas long as short
Variational Omni ZEC−0.0037%8h1,473.4−0.119%$47.0M$33.5Mas long as short
dYdX ZEC-USD0.0000%1h1,473.8−0.095%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,475.1−0.009%$901K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,474.6−0.038%$84K$404K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,476+0.056%$616K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,475.6+0.029%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,475.1−0.009%$295K$1.4M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,475.2−0.002%$8K$8K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0009%1h1,475.6+0.026%$367K100xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,475−0.011%$180.1M$1.35B50xas long as short
Gate ZEC_USDT+0.0046%8h1,475.1−0.006%$50.5M$183.7M75xas long as short
SoDEX ZEC-USD+0.0068%1h1,475.1−0.005%$227K$4.5M10xas long as short
Phoenix ZEC+0.0075%1h1,475.4+0.016%$4.7M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,474.6−0.037%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,475.3+0.007%$12K$828K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,474.3−0.059%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.8−0.026%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,476.5+0.090%$766.3M$479.9M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,475.2long leg$15.7M$32.5M75x
Pacifica ZEC+0.0100%1h1,474.8−0.025%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,475−0.013%$682.4M$2.47B75xas long as short
Arcus ZEC-USD+0.0100%1h1,475.4+0.014%$715K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471.1−0.275%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,475.1−0.005%$222.9M$829.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,475.3+0.009%$104.3M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,475.3+0.005%$163.0M$304.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,474.1−0.073%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,473.3−0.126%$515K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.7−0.031%$3.0M$482K10xas long as short
StandX ZEC-USD+0.0100%1h1,475.4+0.013%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,474.6−0.039%$348K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,475.1−0.007%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.6−0.107%$449K$503K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.5+0.154%$3K$1.2M20xas long as short
HTX ZEC-USDT+0.0100%8h1,474.4−0.051%$2.5M$23.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,475.3+0.011%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,475.6+0.032%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,475−0.009%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,475.3+0.008%$836K$1.3M10xas long as short
Lighter ZEC+0.0136%1h1,476.9+0.116%$19.1M$52.1M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,477.6+0.167%$3.8M$11.4M50xas long as short
Lighter RH ZECshort+0.0528%1h1,477.3+0.144%$2.0M$8.2M10x
Backpack ZEC_USDC_PERP+0.0608%1h1,476.2+0.070%$2.4M$3.7M15xas long as short
Aftermath Perps ZECUSD+0.0620%1h1,473.5−0.114%$46K$47K10xas long as short