Funding you earn now, next payment 05:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.066%
Price spread now: Lighter RH against dYdX+0.192%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$840.845% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)−0.177%−$18 · spread now +0.192%, 7d avg +0.078%
=Together, before fees−0.080%+ Points / potential airdropLighter RH: Points live · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter RH is 0.114% dearer against dYdX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ZEC-USD | 1,455.7 | 0 | get 0.0000% / 1h | 53m 14s | $410K | $37K | 5x |
| Short | Lighter RH ZEC | 1,458.5 | 0.0160 | get 0.0020% / 1h | 53m 14s | $2.1M | $7.0M | 10x |
dYdX ZEC-USD
Lighter RH ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against dYdX. 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
- $33.6
- Price spread: +0.192% → +0.078%
- $11.41
- Slippage, 4 orders
- −$74.49
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$39.48
- Costs to cover
- 0.845%
- Break-even
- 15.2 days
Slippage from dYdX: live order book, 1 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 dYdX live order book, 1 min ago | 35.60 bp | 40.6 bp −$41 | 52.3 bp −$523 | 79.8 bp −$7,979 | 323.4 bp −$161.7K |
| Sell Lighter RH live order book, 5 min ago | 1.06 bp | 1.2 bp −$1 | 6.1 bp −$61 | doesn't fit | doesn't fit |
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 | −0.3042% | 1h | 1,455.8 | +0.008% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,455.8 | +0.007% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0071% | 8h | 1,457.2 | +0.104% | $29.6M | $70.7M | 75x | as long as short |
| dYdX ZEC-USDlong | 0.0000% | 1h | 1,455.7 | long leg | $410K | $37K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,456.5 | +0.057% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,455.8 | +0.006% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,457.1 | +0.098% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0064% | 8h | 1,457 | +0.091% | $291K | $952K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0072% / S −0.0024% | 1h | 1,456.9 | +0.083% | $409K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,455.9 | +0.016% | $174K | $1.7M | 50x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,456 | +0.023% | $10K | $858K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,456.1 | +0.026% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,456.1 | +0.030% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,457.1 | +0.099% | $14.8M | $27.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,456.1 | +0.027% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,457.4 | +0.117% | $669.3M | $2.20B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,456.5 | +0.054% | $261.5M | $600.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,457.2 | +0.106% | $178.3M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,454.1 | −0.109% | $395K | $441K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,454 | −0.115% | $878K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,456.9 | +0.084% | $50.5M | $170.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,457.3 | +0.110% | $213.7M | $764.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,457.2 | +0.104% | $102.8M | $53.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,457.3 | +0.111% | $165.7M | $270.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,456.4 | +0.049% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,454 | −0.114% | $47.7M | $32.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,454.5 | −0.083% | $566K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,455.1 | −0.039% | $3.0M | $451K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,455.5 | −0.013% | $404K | $942K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,454.8 | −0.060% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,456.4 | +0.049% | $354K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,456.9 | +0.087% | $161K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,455.8 | +0.012% | $444K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,459 | +0.225% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,457.2 | +0.106% | $233K | $3.3M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,453.8 | −0.131% | $2.7M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,457.4 | +0.120% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,457.1 | +0.097% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,457.2 | +0.104% | $47K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,456 | +0.021% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,457.7 | +0.137% | $4.6M | $1.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0158% | 1h | 1,457.8 | +0.146% | $758.3M | $428.4M | 10x | as long as short |
| Lighter RH ZECshort | +0.0160% | 1h | 1,458.5 | +0.192% | $2.1M | $7.0M | 10x | |
| Lighter ZEC | +0.0176% | 1h | 1,458.6 | +0.198% | $19.2M | $44.7M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0187% | 1h | 1,457.6 | +0.133% | $2.4M | $3.9M | 15x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,456 | +0.025% | $922K | $1.1M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0333% | 1h | 1,457.2 | +0.102% | $18.0M | $45.2M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,457.5 | +0.128% | $686K | $8.2M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0377% | 1h | 1,457.9 | +0.154% | $615K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,458 | +0.160% | $3.8M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0678% | 1h | 1,457.2 | +0.101% | $45K | $49K | 10x | as long as short |
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
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
BingX ZEC-USDC
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
Phoenix ZEC
Hyperliquid ZEC
Lighter ZEC
Backpack ZEC_USDC_PERP
RISEx ZEC/USDC
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD