Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.040%
Price spread now: Lighter against Bitget+0.169%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs+$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$170.172% of the position
Funding, last 7 days+0.556%+$56 on $10k
+Price spread, last 7 days−0.096%−$10 · spread now +0.169%, 7d avg +0.072%
=Together, before fees+0.460%+ Points / potential airdropLighter: Season 3 · farm board+$46 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.097% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZECUSDT | 1,457.8 | 0.0100 | pay 0.0100% / 8h | 1h 50m | $161.4M | $309.4M | 75x |
| Short | Lighter ZEC | 1,460.3 | 0.0096 | get 0.0012% / 1h | 50m 56s | $18.9M | $52.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- −$0.84
- Price spread: +0.169% → +0.072%
- $9.7
- Slippage, 4 orders
- −$5.19
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$8.33
- Costs to cover
- 0.172%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 8 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 Bitget live order book, 3 min ago | 0.03 bp | 7.0 bp −$7 | 10.7 bp −$107 | 19.7 bp −$1,972 | doesn't fit |
| Sell Lighter live order book, 8 min ago | 0.32 bp | 1.5 bp −$2 | 2.7 bp −$27 | 10.5 bp −$1,049 | 68.7 bp −$34.4K |
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 | −0.3310% | 1h | 1,462.9 | +0.353% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0406% | 1h | 1,459.3 | +0.104% | $17.7M | $44.6M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0094% | 8h | 1,459 | +0.085% | $29.1M | $75.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,460.9 | +0.213% | $6K | $2K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0063% | 1h | 1,466 | +0.562% | $397K | $518K | 5x | as long as short |
| Bybit ZECUSDT | −0.0045% | 8h | 1,457.1 | −0.045% | $268.9M | $677.5M | 75x | as long as short |
| Variational Omni ZEC | −0.0022% | 8h | 1,467.5 | +0.667% | $46.8M | $34.4M | — | as long as short |
| ApeX Omni ZECUSDT | −0.0002% | 1h | 1,461.6 | +0.257% | $429K | $817K | 50x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,459.9 | +0.147% | $411K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,460.7 | +0.202% | $934K | $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 | 1,458.8 | +0.069% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,460.6 | +0.193% | $594K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,460.6 | +0.195% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0009% / S +0.0078% | 1h | 1,460.6 | +0.190% | $558K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,460.2 | +0.167% | $293K | $1.5M | 20x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0052% | 8h | 1,458.1 | +0.019% | $174.8M | $1.36B | 50x | as long as short |
| Bulk ZEC-USD | +0.0054% | 1h | 1,460.6 | +0.190% | $899K | $25K | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,460.4 | +0.178% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0058% | 8h | 1,458.3 | +0.036% | $49.7M | $183.6M | 75x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,467 | +0.630% | $4.6M | $1.6M | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,460.1 | +0.155% | $14K | $862K | 10x | as long as short |
| Lighter ZECshort | +0.0096% | 1h | 1,460.3 | +0.169% | $18.9M | $52.3M | 20x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,459.5 | +0.113% | $172K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,459.3 | +0.102% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,461.2 | +0.235% | $2.5M | $7.0M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,459.9 | +0.146% | $757.3M | $488.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,458.5 | +0.045% | $15.3M | $33.6M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,460 | +0.152% | $1.7M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,458.5 | +0.049% | $669.0M | $2.52B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,458.4 | +0.044% | $221.1M | $851.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,459.1 | +0.088% | $103.0M | $56.7M | 75x | as long as short |
| Bitget ZECUSDTlong | +0.0100% | 8h | 1,457.8 | long leg | $161.4M | $309.4M | 75x | |
| BingX ZEC-USDT | +0.0100% | 8h | 1,458.9 | +0.075% | — | $103.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,461.1 | +0.228% | $509K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,466.2 | +0.579% | $3.0M | $492K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,461.3 | +0.237% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,459.9 | +0.144% | $343K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,460.3 | +0.172% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,458.7 | +0.060% | $446K | $503K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,461.5 | +0.255% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,459.3 | +0.105% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,459 | +0.082% | $2.4M | $24.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,459.3 | +0.102% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,458.9 | +0.076% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,459.9 | +0.143% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,460.1 | +0.161% | $841K | $1.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0253% | 1h | 1,459.9 | +0.146% | $2.3M | $4.0M | 15x | as long as short |
| Lighter RH ZEC | +0.0416% | 1h | 1,460.8 | +0.202% | $2.0M | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,461.4 | +0.248% | $3.7M | $11.6M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,461.1 | +0.224% | $741K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0512% | 1h | 1,463.4 | +0.385% | $40K | $34K | 10x | as long as short |
Bitget ZECUSDT
Lighter ZEC
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Bybit ZECUSDT
Variational Omni ZEC
ApeX Omni ZECUSDT
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
01 Exchange ZECUSD
Gate ZEC_USDT
Phoenix ZEC
Katana Perps ZEC-USD
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
BingX ZEC-USDT
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
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD