Funding you earn now, next payment 01:00 UTC+0.0524%/8h= +57.4% APRpaid last 24h +0.020%
Price spread now: Lighter RH against edgeX+0.283%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs+$1as in the Price arb table
costs, in and out, $10k−$150.148% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 7 days−0.263%−$26 · spread now +0.283%, 7d avg +0.125%
=Together, before fees−0.247%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Lighter RH is 0.159% dearer against edgeX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.125%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ZECUSDC | 1,470 | 0.0100 | pay 0.0050% / 4h | 3h 57m | $549K | $9.1M | 20x |
| Short | Lighter RH ZEC | 1,474.2 | 0.0624 | get 0.0078% / 1h | 57m 29s | $2.0M | $7.9M | 10x |
edgeX ZECUSDC
Lighter RH ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against edgeX. 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
- $110.04
- Price spread: +0.283% → +0.125%
- $15.88
- Slippage, 4 orders
- −$5.82
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $111.1
- Costs to cover
- 0.148%
- Break-even
- from the start
Slippage from edgeX: live order book, 2 min ago; Lighter RH: live order book, 6 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 edgeX live order book, 2 min ago | 0.37 bp | 5.0 bp −$5 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 6 min ago | 1.12 bp | 2.3 bp −$2 | 4.6 bp −$46 | 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 | −0.3321% | 1h | 1,472.6 | +0.171% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0342% | 1h | 1,471.3 | +0.086% | $17.9M | $43.8M | 25x | as long as short |
| Phemex ZECUSDT | −0.0301% | 8h | 1,471.4 | +0.095% | $3.8M | $5.4M | 50x | as long as short |
| BloFin ZEC-USDT | −0.0101% | 8h | 1,469.8 | −0.019% | $29.6M | $74.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.4 | +0.163% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0063% | 8h | 1,469.3 | −0.052% | $47.6M | $34.4M | — | as long as short |
| Ondo Perps ZEC-USD.P | −0.0025% | 1h | 1,468.7 | −0.091% | $399K | $515K | 5x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,471.6 | +0.108% | $414K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,471.2 | +0.077% | $957K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,471 | +0.064% | $84K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Phemex ZECUSDT
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
Ondo Perps ZEC-USD.P
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,471.8 | +0.118% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,470.9 | +0.059% | $294K | $1.4M | 20x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,471.4 | +0.091% | $4.7M | $1.6M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,473.3 | +0.218% | $8K | $8K | 5x | as long as short |
| ApeX Omni ZECUSDT | +0.0028% | 1h | 1,470.5 | +0.030% | $431K | $845K | 50x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0039% | 8h | 1,472.4 | +0.157% | $181.9M | $1.34B | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,471.7 | +0.110% | $372K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,472.5 | +0.168% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,473.1 | +0.207% | $12K | $851K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,472.3 | +0.150% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,473.2 | +0.215% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,473.1 | +0.208% | $763.8M | $473.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,472.1 | +0.142% | $15.0M | $32.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,472.7 | +0.178% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,472.4 | +0.157% | $684.0M | $2.45B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,472 | +0.134% | $274.9M | $648.7M | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,473.6 | +0.238% | $698K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,470.8 | +0.048% | $895K | $33K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,472.2 | +0.149% | $51.2M | $177.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,472.3 | +0.150% | $228.6M | $818.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,472.2 | +0.148% | $104.7M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,472.2 | +0.145% | $163.8M | $300.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,471.3 | +0.085% | — | $6.7M | — | as long as short |
| edgeX ZECUSDClong | +0.0100% | 4h | 1,470 | long leg | $549K | $9.1M | 20x | |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,470.6 | +0.039% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,471.6 | +0.106% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,471 | +0.065% | $333K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,471.2 | +0.080% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,469.5 | −0.040% | $458K | $508K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,473.8 | +0.252% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,471.1 | +0.068% | $242K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,470.7 | +0.047% | $2.5M | $22.5M | 75x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,472.5 | +0.165% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,471.3 | +0.087% | $28K | $201K | 20x | as long as short |
| Lighter ZEC | +0.0112% | 1h | 1,473.8 | +0.258% | $19.2M | $50.2M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0220% | 1h | 1,472.3 | +0.156% | $614K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,473 | +0.203% | $840K | $1.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,473.7 | +0.250% | $3.8M | $10.6M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0496% | 1h | 1,472.1 | +0.141% | $2.5M | $3.8M | 15x | as long as short |
| Lighter RH ZECshort | +0.0624% | 1h | 1,474.2 | +0.283% | $2.0M | $7.9M | 10x | |
| Aftermath Perps ZECUSD | +0.0776% | 1h | 1,472.9 | +0.196% | $46K | $46K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Phoenix ZEC
01 Exchange ZECUSD
ApeX Omni ZECUSDT
OKX ZEC-USDT-SWAP
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Extended ZEC-USD
Aevo ZEC-PERP
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD