Funding you earn now, next payment 09:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.029%
Price spread now: Lighter RH against Extended+0.058%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$140.140% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 7 days−0.001%$0 · spread now +0.058%, 7d avg +0.105%
=Together, before fees+0.138%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board+$14 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 RH is 0.047% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ZEC-USD | 1,503.3 | 0.0104 | pay 0.0013% / 1h | 11m 13s | $2.8M | $8.0M | 10x |
| Short | Lighter RH ZEC | 1,504.2 | 0.0096 | get 0.0012% / 1h | 11m 13s | $2.1M | $7.6M | 10x |
Extended ZEC-USD
Lighter RH ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Extended. 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
- −$1.68
- Price spread: +0.058% → +0.105%
- −$4.68
- Slippage, 4 orders
- −$9.03
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$20.4
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Lighter RH: live order book, 2 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 Extended live order book, 3 min ago | 1.42 bp | 3.9 bp −$4 | 7.5 bp −$75 | 47.4 bp −$4,741 | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 1.56 bp | 2.6 bp −$3 | 4.5 bp −$45 | doesn't fit | 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 | −0.798% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,501.4 | −0.132% | $62K | $308K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0256% | 1h | 1,505.4 | +0.139% | $48K | $58K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0168% | 8h | 1,503 | −0.022% | $31.5M | $75.7M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,503.8 | +0.033% | $6K | $1K | 10x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,503.8 | +0.030% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,503 | −0.021% | $5.4M | — | 150x | as long as short |
| dYdX ZEC-USD | +0.0010% | 1h | 1,504.3 | +0.062% | $415K | $34K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,503.3 | 0.000% | $18.3M | $47.5M | 25x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,504.2 | +0.057% | $8K | $6K | 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
dYdX ZEC-USD
Kraken Futures PF_ZECUSD
01 Exchange ZECUSDShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0082% | 1h | 1,505.8 | +0.164% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0083% | 8h | 1,503 | −0.022% | $303K | $859K | 20x | as long as short |
| Gate ZEC_USDT | +0.0091% | 8h | 1,503.2 | −0.008% | $60.7M | $188.5M | 75x | as long as short |
| ApeX Omni ZECUSDT | +0.0096% | 1h | 1,504.7 | +0.089% | $413K | $953K | 50x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,504.2 | +0.059% | $19.6M | $45.7M | 20x | as long as short |
| Lighter RH ZECshort | +0.0096% | 1h | 1,504.2 | +0.058% | $2.1M | $7.6M | 10x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,503.9 | +0.037% | $176K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,502.6 | −0.048% | $62K | $16K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,503.7 | +0.023% | $14K | $878K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,503.1 | −0.015% | $3.1M | $7.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,504.5 | +0.077% | $789.8M | $448.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,502.4 | −0.060% | $14.0M | $29.6M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,503.8 | +0.027% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,503 | −0.023% | $710.3M | $2.28B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,502.6 | −0.048% | $272.9M | $609.0M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,502.8 | −0.035% | $186.0M | $1.35B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,501 | −0.156% | $409K | $535K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,504.3 | +0.062% | $595K | $8.8M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,508.1 | +0.316% | $776K | $147K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,503.7 | +0.020% | $405.0M | $843.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,503.7 | +0.026% | $102.8M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,503.2 | −0.010% | $163.0M | $290.3M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,501.7 | −0.110% | — | $6.6M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,506.2 | +0.190% | $49.8M | $35.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,508.6 | +0.352% | $551K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,508.2 | +0.325% | $3.1M | $549K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,504.3 | +0.063% | $50K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,503.4 | +0.004% | $373K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,503.1 | −0.020% | $168K | $190K | 20x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,505.5 | +0.141% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,502.9 | −0.031% | $257K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,503.4 | +0.002% | $2.7M | $20.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,503.5 | +0.010% | $4.0M | $4.8M | 50x | as long as short |
| Extended ZEC-USDlong | +0.0104% | 1h | 1,503.3 | long leg | $2.8M | $8.0M | 10x | |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,502.5 | −0.058% | $43K | $157K | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0126% | 1h | 1,503.5 | +0.012% | $2.4M | $3.7M | 15x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,503.4 | +0.003% | $980K | $1.1M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0165% / S −0.0163% | 1h | 1,503.4 | +0.005% | $342K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0283% | 1h | 1,504.2 | +0.054% | $688K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,505.2 | +0.120% | $3.8M | $9.9M | 50x | as long as short |
Phoenix ZEC
Orderly PERP_ZEC_USDC
Gate ZEC_USDT
ApeX Omni ZECUSDT
Lighter ZEC
Popdex ZECUSDT
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-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Aevo ZEC-PERP
Backpack ZEC_USDC_PERP
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX