Funding you earn now, next payment 03:00 UTC+0.0132%/8h= +14.5% APRpaid last 24h +0.030%
Price spread now: Lighter against BingX+0.101%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs+$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3as in the Price arb table
costs, in and out, $10k−$130.131% of the position
Funding, last 7 days+0.467%+$47 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.101% dearer against BingX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEC-USDT | 1,457.8 | 0.0100 | pay 0.0100% / 8h | 5h 15m | — | $97.0M | — |
| Short | Lighter ZEC | 1,459.3 | 0.0232 | get 0.0029% / 1h | 15m 30s | $19.1M | $46.7M | 20x |
BingX ZEC-USDT
Lighter ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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
- $27.72
- Price spread: +0.101% → 0.000%
- $10.09
- Slippage, 4 orders
- −$3.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $24.73
- Costs to cover
- 0.131%
- Break-even
- 0.8 days
Slippage from BingX: live order book, 4 min ago; Lighter: 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 BingX live order book, 4 min ago | 0.10 bp | 5.6 bp −$6 | 9.2 bp −$92 | 15.1 bp −$1,509 | 28.0 bp −$14.0K |
| Sell Lighter live order book, 3 min ago | 0.95 bp | 1.4 bp −$1 | 2.9 bp −$29 | 12.4 bp −$1,243 | 75.6 bp −$37.8K |
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 | 1,459.8 | +0.134% | $34K | $272K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0083% | 8h | 1,461 | +0.221% | $29.3M | $70.9M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,463.4 | +0.385% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,457.7 | −0.011% | $410K | $43K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,464.2 | +0.438% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,458.1 | +0.016% | $83K | $241K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,463 | +0.354% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0050% | 8h | 1,462.8 | +0.341% | $293K | $966K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0061% / S −0.0011% | 1h | 1,462.9 | +0.352% | $411K | — | 100x | as long as short |
| Phoenix ZEC | +0.0074% | 1h | 1,461.9 | +0.282% | $4.6M | $1.4M | 10x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,458.1 | +0.019% | $173K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,457.8 | −0.002% | $15K | $875K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,457.9 | +0.005% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,458 | +0.011% | $2.6M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,458.4 | +0.040% | $757.8M | $434.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,460.7 | +0.197% | $14.5M | $28.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,458.5 | +0.048% | $1.7M | $2.5M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,457.8 | −0.003% | $667.7M | $2.23B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,457.2 | −0.045% | $264.8M | $605.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,457.6 | −0.019% | $178.4M | $1.23B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,460.5 | +0.184% | $396K | $439K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,456.1 | −0.118% | $882K | $21K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,457.8 | −0.003% | $49.8M | $174.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,458.3 | +0.032% | $218.5M | $779.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,460 | +0.150% | $102.2M | $55.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,457.6 | −0.015% | $162.4M | $273.5M | 75x | as long as short |
| BingX ZEC-USDTlong | +0.0100% | 8h | 1,457.8 | long leg | — | $97.0M | — | |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,463.7 | +0.403% | $2.4M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,462.2 | +0.302% | $47.8M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,460.6 | +0.193% | $570K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,462.3 | +0.306% | $3.0M | $432K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,461 | +0.220% | $411K | $909K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,462.9 | +0.350% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,457.2 | −0.043% | $375K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.2 | +0.369% | $161K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,461.6 | +0.261% | $446K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,465.8 | +0.548% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,463.3 | +0.375% | $234K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,462 | +0.285% | $2.6M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,462.8 | +0.339% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,457.6 | −0.012% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,462.6 | +0.330% | $47K | $153K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0152% | 1h | 1,458.2 | +0.023% | $8K | $7K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0195% | 1h | 1,463.3 | +0.374% | $18.1M | $44.5M | 25x | as long as short |
| Lighter ZECshort | +0.0232% | 1h | 1,459.3 | +0.101% | $19.1M | $46.7M | 20x | |
| Arcus ZEC-USD | +0.0277% | 1h | 1,459.2 | +0.093% | $701K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0376% | 1h | 1,461.4 | +0.245% | $2.0M | $6.9M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0401% | 1h | 1,463.7 | +0.403% | $615K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,458.5 | +0.046% | $834K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,464.7 | +0.471% | $3.7M | $9.2M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0695% | 1h | 1,460.5 | +0.187% | $45K | $49K | 10x | as long as short |
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
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
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
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD