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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZECUSDT1,457.80.0100pay 0.0100% / 8h1h 50m$161.4M$309.4M75x
ShortLighter ZEC1,460.30.0096get 0.0012% / 1h50m 56s$18.9M$52.3M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago0.03 bp7.0 bp −$710.7 bp −$10719.7 bp −$1,972doesn't fit
Sell Lighter live order book, 8 min ago0.32 bp1.5 bp −$22.7 bp −$2710.5 bp −$1,04968.7 bp −$34.4K

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3310%1h1,462.9+0.353%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0406%1h1,459.3+0.104%$17.7M$44.6M25xas long as short
BloFin ZEC-USDT−0.0094%8h1,459+0.085%$29.1M$75.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,460.9+0.213%$6K$2K10xas long as short
Ondo Perps ZEC-USD.P−0.0063%1h1,466+0.562%$397K$518K5xas long as short
Bybit ZECUSDT−0.0045%8h1,457.1−0.045%$268.9M$677.5M75xas long as short
Variational Omni ZEC−0.0022%8h1,467.5+0.667%$46.8M$34.4Mas long as short
ApeX Omni ZECUSDT−0.0002%1h1,461.6+0.257%$429K$817K50xas long as short
dYdX ZEC-USD0.0000%1h1,459.9+0.147%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,460.7+0.202%$934K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,458.8+0.069%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,460.6+0.193%$594K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.6+0.195%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0078%1h1,460.6+0.190%$558K100xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,460.2+0.167%$293K$1.5M20xas long as short
OKX ZEC-USDT-SWAP+0.0052%8h1,458.1+0.019%$174.8M$1.36B50xas long as short
Bulk ZEC-USD+0.0054%1h1,460.6+0.190%$899K$25K10xas long as short
01 Exchange ZECUSD+0.0056%1h1,460.4+0.178%$8K$8K5xas long as short
Gate ZEC_USDT+0.0058%8h1,458.3+0.036%$49.7M$183.6M75xas long as short
Phoenix ZEC+0.0075%1h1,467+0.630%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,460.1+0.155%$14K$862K10xas long as short
Lighter ZECshort+0.0096%1h1,460.3+0.169%$18.9M$52.3M20x
Popdex ZECUSDT+0.0096%1h1,459.5+0.113%$172K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,459.3+0.102%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,461.2+0.235%$2.5M$7.0M10xas long as short
Hyperliquid ZEC+0.0100%1h1,459.9+0.146%$757.3M$488.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,458.5+0.045%$15.3M$33.6M75xas long as short
Pacifica ZEC+0.0100%1h1,460+0.152%$1.7M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,458.5+0.049%$669.0M$2.52B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,458.4+0.044%$221.1M$851.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,459.1+0.088%$103.0M$56.7M75xas long as short
Bitget ZECUSDTlong+0.0100%8h1,457.8long leg$161.4M$309.4M75x
BingX ZEC-USDT+0.0100%8h1,458.9+0.075%$103.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,461.1+0.228%$509K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,466.2+0.579%$3.0M$492K10xas long as short
StandX ZEC-USD+0.0100%1h1,461.3+0.237%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,459.9+0.144%$343K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,460.3+0.172%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,458.7+0.060%$446K$503K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,461.5+0.255%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,459.3+0.105%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,459+0.082%$2.4M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,459.3+0.102%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,458.9+0.076%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,459.9+0.143%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,460.1+0.161%$841K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0253%1h1,459.9+0.146%$2.3M$4.0M15xas long as short
Lighter RH ZEC+0.0416%1h1,460.8+0.202%$2.0M$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,461.4+0.248%$3.7M$11.6M50xas long as short
Arcus ZEC-USD+0.0444%1h1,461.1+0.224%$741K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0512%1h1,463.4+0.385%$40K$34K10xas long as short