Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0368%/8h= +40.3% APRnext payment +$0.46 per $10,000 · paid last 24h +0.090%
Price spread now: Lighter RH against Hotstuff+0.055%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Lighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Lighter RH is 0.055% dearer against Hotstuff than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff ZEC-PERP1,476.6−0.0080get 0.0010% / 1h36m 51s$6K$1K10x
ShortLighter RH ZEC1,477.40.0288get 0.0036% / 1h36m 51s$2.1M$7.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Hotstuff. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$77.28
Price spread: +0.055% → 0.000%
$5.49
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$77.77
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; Lighter RH: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Lighter RH live order book, 2 min ago2.13 bp4.1 bp −$46.4 bp −$64doesn't fitdoesn't fit
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3684%1h1,477.1+0.033%$34K$273K12xas long as short
BloFin ZEC-USDT−0.0125%8h1,476.2−0.026%$30.4M$73.6M75xas long as short
Bulk ZEC-USD−0.0118%1h1,480.8+0.284%$895K$15K10xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,476−0.039%$17.9M$47.1M25xas long as short
Hotstuff ZEC-PERPlong−0.0080%1h1,476.6long leg$6K$1K10x
dYdX ZEC-USD0.0000%1h1,476.3−0.020%$410K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,477.9+0.087%$1.5M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,475.5−0.076%$64K$301K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,475.7−0.062%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0076%8h1,476.1−0.037%$297K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,476.8+0.012%$161K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,476.5−0.007%$13K$866K10xas long as short
Nado ZEC-PERP+0.0100%1h1,476.9+0.019%$2.7M$7.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,475.2−0.099%$13.8M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,477+0.025%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,475.7−0.063%$687.8M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,475.4−0.083%$265.4M$631.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,475.1−0.101%$178.6M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,481.9+0.358%$405K$510K5xas long as short
Gate ZEC_USDT+0.0100%8h1,475.6−0.068%$53.8M$182.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,475.9−0.051%$235.6M$781.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,475.5−0.074%$101.0M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,475.7−0.064%$158.9M$288.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,475.7−0.064%$115.2Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,476.6−0.005%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,484.9+0.559%$48.5M$33.9Mas long as short
edgeX ZECUSDC+0.0100%4h1,479+0.160%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,484.3+0.521%$3.0M$488K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,485+0.570%$409K$934K50xas long as short
StandX ZEC-USD+0.0100%1h1,476.4−0.017%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,476.1−0.035%$357K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,476.4−0.014%$162K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,478+0.093%$451K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,478.3+0.112%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,476−0.043%$251K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,475.8−0.053%$2.6M$19.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,476.5−0.005%$3.9M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,477+0.029%$61K$43K10xas long as short
Extended ZEC-USD+0.0104%1h1,475.4−0.080%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,476.1−0.036%$42K$152K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0127% / S −0.0119%1h1,475.9−0.046%$428K100xas long as short
RISEx ZEC/USDC+0.0129%1h1,476.6−0.004%$923K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,478.6+0.135%$4.7M$1.4M10xas long as short
01 Exchange ZECUSD+0.0136%1h1,477.3+0.048%$8K$7K5xas long as short
Aftermath Perps ZECUSD+0.0137%1h1,480.6+0.271%$47K$64K10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0172%1h1,476.8+0.013%$674K$1.4M25xas long as short
Hyperliquid ZEC+0.0219%1h1,477.3+0.046%$767.5M$441.2M10xas long as short
Arcus ZEC-USD+0.0221%1h1,478.3+0.116%$636K$8.6M10xas long as short
Lighter ZEC+0.0288%1h1,477.5+0.060%$19.4M$45.7M20xas long as short
Lighter RH ZECshort+0.0288%1h1,477.4+0.055%$2.1M$7.4M10x
Coinbase International ZEC-PERP-INTX+0.0480%1h1,477.8+0.082%$3.6M$10.0M50xas long as short