Funding you earn now, next payment 03:00 UTC+0.0161%/8h= +17.6% APRnext payment +$0.20 per $10,000 · paid last 24h +0.048%
Price spread now: Lighter against gTrade (Gains Network)+0.071%7-day average +0.070% · 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−$273as in the Price arb table
costs, in and out, $10k−$2732.726% of the position
Funding, last 3 days (all we have)+0.257%+$26 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.071%, 7d avg +0.070%
=Together, before fees+0.217%+ Points / potential airdropLighter: Season 3 · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.070%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ZEC/USD | 1,448.9 | L +0.0007% / S −0.0006% | pay 0.0001% / 1h | 36m 37s | $5.1M | — | 150x |
| Short | Lighter ZEC | 1,450 | 0.0168 | get 0.0021% / 1h | 36m 37s | $18.9M | $46.4M | 20x |
gTrade (Gains Network) ZEC/USD
Lighter ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against gTrade (Gains Network). 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
- $33.84
- Price spread: +0.071% → +0.070%
- $0.05
- Slippage, 4 orders
- −$262.59
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$238.7
- Costs to cover
- 2.726%
- Break-even
- 56.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 2 min ago; Lighter: live order book, 12 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 gTrade (Gains Network) virtual book (oracle venue), 2 min ago | 130.01 bp | 135.0 bp −$135 | 425.9 bp −$4,259 | 4809.1 bp −$480.9K | doesn't fit |
| Sell Lighter live order book, 12 min ago | 1.13 bp | 1.1 bp −$1 | 3.0 bp −$30 | 16.0 bp −$1,599 | 78.8 bp −$39.4K |
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 | −0.3244% | 1h | 1,449.3 | +0.023% | $33K | $272K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0081% | 8h | 1,450.5 | +0.107% | $29.4M | $70.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,449.7 | +0.055% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,447.5 | −0.099% | $408K | $44K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,449.2 | +0.017% | $996K | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,449 | +0.003% | $83K | $248K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDlong | L +0.0007% / S −0.0006% | 1h | 1,448.9 | long leg | $5.1M | — | 150x | |
| Orderly PERP_ZEC_USDC | +0.0040% | 8h | 1,449 | +0.004% | $289K | $979K | 20x | as long as short |
| ApeX Omni ZECUSDT | +0.0046% | 1h | 1,449 | +0.004% | $406K | $904K | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0053% / S −0.0009% | 1h | 1,449.1 | +0.011% | $374K | — | 100x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Orderly PERP_ZEC_USDC
ApeX Omni ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0074% | 1h | 1,449.2 | +0.017% | $4.6M | $1.4M | 10x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0096% | 1h | 1,445.9 | −0.210% | $394K | $431K | 5x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,448.2 | −0.050% | $173K | $1.8M | 50x | as long as short |
| Gate ZEC_USDT | +0.0097% | 8h | 1,448.5 | −0.032% | $49.3M | $172.5M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,446.6 | −0.164% | $14K | $860K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,448.8 | −0.012% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,450.2 | +0.087% | $2.5M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,449.9 | +0.066% | $754.6M | $433.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,448 | −0.066% | $14.4M | $28.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,448.8 | −0.012% | $1.7M | $2.6M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,448.3 | −0.047% | $663.2M | $2.26B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,448.3 | −0.044% | $265.8M | $610.7M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,449.1 | +0.012% | $178.8M | $1.23B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,458.7 | +0.670% | $886K | $16K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,448.7 | −0.016% | $213.1M | $774.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,448.2 | −0.052% | $101.8M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,448.4 | −0.035% | $160.7M | $277.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,447.8 | −0.078% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,449.8 | +0.056% | $2.3M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,454.9 | +0.412% | $47.2M | $32.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,456.5 | +0.519% | $567K | $8.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,448.4 | −0.037% | $3.0M | $419K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,449.6 | +0.047% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,449.6 | +0.046% | $323K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,449.8 | +0.056% | $134K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,447.4 | −0.106% | $442K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,451.9 | +0.204% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,449.7 | +0.055% | $232K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,449.2 | +0.021% | $2.6M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,450.9 | +0.134% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,448.1 | −0.061% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,449 | +0.003% | $47K | $156K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,448.5 | −0.032% | $8K | $7K | 5x | as long as short |
| Lighter ZECshort | +0.0168% | 1h | 1,450 | +0.071% | $18.9M | $46.4M | 20x | |
| Kraken Futures PF_ZECUSD | +0.0196% | 1h | 1,449.8 | +0.059% | $17.8M | $44.3M | 25x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,450.7 | +0.122% | $721K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0320% | 1h | 1,450.6 | +0.113% | $2.0M | $6.9M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0395% | 1h | 1,449.7 | +0.050% | $609K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,448.3 | −0.044% | $825K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,451 | +0.141% | $3.7M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0710% | 1h | 1,455.2 | +0.430% | $43K | $46K | 10x | as long as short |
Phoenix ZEC
Ondo Perps ZEC-USD.P
Popdex ZECUSDT
Gate ZEC_USDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
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
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD