Funding you earn now, next payment 02:00 UTC+0.0132%/8h= +14.5% APRpaid last 24h +0.036%
Price spread now: Lighter against Gate+0.110%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs+$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$250.248% of the position
Funding, last 7 days+0.474%+$47 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now +0.110%, 7d avg +0.071%
=Together, before fees+0.414%+ Points / potential airdropLighter: Season 3 · farm board+$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.039% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZEC_USDT | 1,466.2 | 0.0100 | pay 0.0100% / 8h | 6h 07m | $50.0M | $176.9M | 75x |
| Short | Lighter ZEC | 1,467.8 | 0.0232 | get 0.0029% / 1h | 7m 36s | $19.2M | $48.2M | 20x |
Gate ZEC_USDT
Lighter ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $27.72
- Price spread: +0.110% → +0.071%
- $3.93
- Slippage, 4 orders
- −$9.78
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $6.87
- Costs to cover
- 0.248%
- Break-even
- 5.3 days
Slippage from Gate: live order book, 1 min ago; Lighter: 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 Gate live order book, 1 min ago | 0.27 bp | 11.0 bp −$11 | 18.7 bp −$187 | 30.8 bp −$3,084 | 58.9 bp −$29.5K |
| Sell Lighter live order book, 6 min ago | 1.00 bp | 1.4 bp −$1 | 1.8 bp −$18 | 8.0 bp −$796 | 54.8 bp −$27.4K |
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 | −0.3678% | 1h | 1,456 | −0.693% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,467.1 | +0.063% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0041% | 1h | 1,467.9 | +0.117% | $399K | $502K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,466.4 | +0.016% | $18.0M | $43.8M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,466.1 | −0.004% | $413K | $51K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,468.7 | +0.171% | $971K | $4.8M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,466.7 | +0.035% | $84K | $251K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,466.9 | +0.048% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0031% | 8h | 1,466.5 | +0.018% | $293K | $992K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,466.7 | +0.037% | $383K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,466.6 | +0.029% | $8K | $8K | 5x | as long as short |
| Variational Omni ZEC | +0.0067% | 8h | 1,470.6 | +0.302% | $48.0M | $32.8M | — | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0070% | 1h | 1,467.3 | +0.076% | $610K | $1.3M | 25x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,470 | +0.259% | $4.6M | $1.5M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0094% | 8h | 1,465.8 | −0.028% | $180.4M | $1.25B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,466.1 | −0.005% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,466.2 | −0.003% | $12K | $841K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,466.2 | +0.002% | $60K | $40K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,467.2 | +0.070% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,468 | +0.123% | $764.8M | $434.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,466.5 | +0.023% | $14.8M | $29.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,466.7 | +0.037% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,466.5 | +0.020% | $678.2M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,466 | −0.014% | $271.2M | $612.5M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,472.8 | +0.449% | $894K | $18K | 10x | as long as short |
| Gate ZEC_USDTlong | +0.0100% | 8h | 1,466.2 | long leg | $50.0M | $176.9M | 75x | |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,466.3 | +0.008% | $215.5M | $802.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,466.4 | +0.012% | $103.0M | $56.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,466.3 | +0.007% | $162.8M | $279.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,465.7 | −0.036% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,470.2 | +0.272% | $572K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,471.2 | +0.342% | $3.0M | $453K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,471.1 | +0.337% | $428K | $895K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,470.1 | +0.268% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,466.6 | +0.028% | $343K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,466.5 | +0.023% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,465.3 | −0.061% | $456K | $512K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,468.8 | +0.179% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,466.5 | +0.020% | $242K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,465.8 | −0.027% | $2.5M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,467 | +0.056% | $3.9M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,466.7 | +0.034% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,466.3 | +0.004% | $48K | $158K | 20x | as long as short |
| Lighter ZECshort | +0.0232% | 1h | 1,467.8 | +0.110% | $19.2M | $48.2M | 20x | |
| Arcus ZEC-USD | +0.0254% | 1h | 1,468.6 | +0.166% | $700K | $8.6M | 10x | as long as short |
| Lighter RH ZEC | +0.0288% | 1h | 1,468.6 | +0.166% | $2.1M | $7.1M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,467 | +0.057% | $852K | $1.0M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0433% | 1h | 1,466.6 | +0.029% | $2.4M | $3.9M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,468 | +0.126% | $3.6M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0739% | 1h | 1,470.7 | +0.307% | $43K | $46K | 10x | as long as short |
01 Exchange ZECUSD
Variational Omni ZEC
Deribit ZEC_USDC-PERPETUAL
Phoenix ZEC
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Arcus ZEC-USD
Lighter RH ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD