Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.042%
Price spread now: Lighter RH against Bullet+0.085%7-day average +0.066% · 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−$17as in the Price arb table
costs, in and out, $10k−$190.193% of the position
Funding, last 4 days (all we have)+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−0.892%−$89 · spread now +0.085%, 7d avg +0.066%
=Together, before fees−0.826%+ Points / potential airdropLighter RH: Points live · farm board−$83 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet ZEC-USD | 1,496.6 | 0.0100 | pay 0.0013% / 1h | 3m 48s | $167K | $190K | 20x |
| Short | Lighter RH ZEC | 1,497.8 | 0.0096 | get 0.0012% / 1h | 3m 48s | $2.1M | $7.7M | 10x |
Bullet ZEC-USD
Lighter RH ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bullet. 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: +0.085% → +0.066%
- $1.9
- Slippage, 4 orders
- −$11.33
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$18.26
- Costs to cover
- 0.193%
- Break-even
- never at this rate
Slippage from Bullet: live order book, 30 min ago; Lighter RH: live order book, 5 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 Bullet live order book, 30 min ago | 0.56 bp | 6.1 bp −$6 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 2.17 bp | 2.2 bp −$2 | 4.4 bp −$44 | 453.6 bp −$45.4K | doesn't fit |
ZEC on 50 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 | −0.3702% | 1h | 1,491.4 | −0.347% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,495.4 | −0.074% | $61K | $307K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0254% | 1h | 1,500.4 | +0.256% | $46K | $60K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0155% | 8h | 1,499 | +0.166% | $31.5M | $75.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,498.6 | +0.137% | $6K | $1K | 10x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,498.1 | +0.103% | $1.5M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,496.7 | +0.009% | $5.3M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,496.7 | +0.007% | $18.3M | $47.3M | 25x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,496.5 | −0.001% | $8K | $6K | 5x | as long as short |
| dYdX ZEC-USD | +0.0042% | 1h | 1,496 | −0.034% | $413K | $34K | 5x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSD
01 Exchange ZECUSD
dYdX ZEC-USDShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0082% | 1h | 1,503 | +0.429% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0083% | 8h | 1,496.3 | −0.017% | $302K | $860K | 20x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,497.5 | +0.066% | $19.6M | $46.0M | 20x | as long as short |
| Lighter RH ZECshort | +0.0096% | 1h | 1,497.8 | +0.085% | $2.1M | $7.7M | 10x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,496.4 | −0.009% | $176K | $1.8M | 50x | as long as short |
| Gate ZEC_USDT | +0.0098% | 8h | 1,497.1 | +0.035% | $60.3M | $189.7M | 75x | as long as short |
| Paradex ZEC-USD-PERP | +0.0099% | 8h | 1,497.8 | +0.084% | $62K | $16K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,497 | +0.028% | $17K | $888K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,497.6 | +0.067% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,498.3 | +0.117% | $785.3M | $445.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,496.7 | +0.010% | $14.0M | $29.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,498.6 | +0.134% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,497.5 | +0.065% | $706.5M | $2.28B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,496.7 | +0.010% | $272.3M | $606.7M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,497 | +0.027% | $185.7M | $1.35B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,495.2 | −0.090% | $407K | $530K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,498.6 | +0.139% | $604K | $8.7M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,501.6 | +0.334% | $772K | $147K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,497.5 | +0.065% | $405.0M | $847.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,496.8 | +0.017% | $102.5M | $55.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,497.2 | +0.043% | $163.1M | $291.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,497.3 | +0.051% | — | $120.1M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,497.2 | +0.041% | $2.3M | $3.7M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,499.4 | +0.192% | $49.5M | $35.5M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,497.3 | +0.047% | $547K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,500.7 | +0.280% | $3.1M | $561K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,498.6 | +0.136% | $411K | $954K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,500.5 | +0.267% | $50K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,496.2 | −0.023% | $371K | $1.6M | 10x | as long as short |
| Bullet ZEC-USDlong | +0.0100% | 1h | 1,496.6 | long leg | $167K | $190K | 20x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,498.8 | +0.148% | $2K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,496.4 | −0.011% | $256K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,497 | +0.030% | $2.7M | $20.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,497.5 | +0.063% | $4.0M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,497 | +0.031% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,496.5 | −0.005% | $43K | $157K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,496.5 | −0.005% | $986K | $1.2M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0166% / S −0.0165% | 1h | 1,496.3 | −0.013% | $340K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0189% | 1h | 1,497.2 | +0.043% | $685K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,498.9 | +0.156% | $3.9M | $9.8M | 50x | as long as short |
Phoenix ZEC
Orderly PERP_ZEC_USDC
Lighter ZEC
Popdex ZECUSDT
Gate ZEC_USDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX