ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.3185%/8h= +348.7% APRnext payment +$3.98 per $10,000 · paid last 24h +0.493%

Price spread now: Lighter against Injective+0.146%66s7-day average −0.025% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+2.547%+$255 on $10k

Price spread, last 3 days (all we have)−0.011%−$1 · spread now +0.146%, 7d avg −0.025%

Together, before fees+2.536%+ Points / potential airdropLighter: Season 3 · farm board+$254 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$96 a day on $10k at the current rate, and Lighter is 0.171% dearer against Injective than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.025%. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ZEC/USDC PERP	1,473.7	−0.3089	get 0.0386% / 1h	4m 05s	$34K	$275K	12x
Short	Lighter ZEC	1,475.9	0.0096	get 0.0012% / 1h	4m 05s	$19.2M	$52.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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

Position, each leg$Hold fordaysFee InjectivebpFee LighterbpOrdersPrice spread, now +0.146%Rate

Funding earned: $668.81
Price spread: +0.146% → −0.025%: $17.07
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: $685.86
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Injective: live order book, 10 min ago; Lighter: live order book, 5 min ago. Net counts fees only.

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 Injective live order book, 10 min ago	61.95 bp	2506077.0 bp −$2.51M	24342020.0 bp −$243.42M	235923488.0 bp −$23592.35M	1159988224.0 bp −$579994.11M
Sell Lighter live order book, 5 min ago	0.62 bp	0.8 bp −$1	2.2 bp −$22	9.2 bp −$924	65.4 bp −$32.7K

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 PERPlong	−0.3089%	1h	1,473.7	long leg	$34K	$275K	12x
Ondo Perps ZEC-USD.P	−0.0264%	1h	1,471.7	−0.138%	$399K	$521K	5x	as long as short
Kraken Futures PF_ZECUSD	−0.0224%	1h	1,474.4	+0.045%	$17.9M	$44.0M	25x	as long as short
Bybit ZECUSDT	−0.0116%	8h	1,473.7	−0.001%	$275.3M	$650.9M	75x	as long as short
BloFin ZEC-USDT	−0.0107%	8h	1,472.4	−0.093%	$29.6M	$74.8M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,473.6	−0.008%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0062%	8h	1,470.9	−0.192%	$47.7M	$34.5M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,473.5	−0.016%	$415K	$104K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,474.7	+0.064%	$959K	$5.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,473.5	−0.014%	$84K	$406K	10x	as long as short

Show 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	1,474.7	+0.066%	$5.2M	—	150x	as long as short
01 Exchange ZECUSD	+0.0008%	1h	1,474.1	+0.023%	$8K	$8K	5x	as long as short
Orderly PERP_ZEC_USDC	+0.0016%	8h	1,474.1	+0.022%	$295K	$1.4M	20x	as long as short
Phoenix ZEC	+0.0024%	1h	1,473.2	−0.036%	$4.7M	$1.6M	10x	as long as short
ApeX Omni ZECUSDT	+0.0035%	1h	1,472.7	−0.070%	$432K	$845K	50x	as long as short
OKX ZEC-USDT-SWAP	+0.0038%	8h	1,474.1	+0.022%	$182.1M	$1.34B	50x	as long as short
Gate ZEC_USDT	+0.0049%	8h	1,474.7	+0.062%	$51.3M	$188.0M	75x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,474.6	+0.059%	$372K	—	100x	as long as short
Lighter ZECshort	+0.0096%	1h	1,475.9	+0.146%	$19.2M	$52.6M	20x
Popdex ZECUSDT	+0.0096%	1h	1,473.8	+0.007%	$175K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0097%	8h	1,474.4	+0.043%	$19K	$851K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,474	+0.018%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,474.8	+0.070%	$2.6M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,475.6	+0.127%	$764.5M	$472.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,474	+0.021%	$15.0M	$32.5M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,474.5	+0.051%	$1.7M	$2.9M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,474.4	+0.045%	$684.6M	$2.45B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,475.1	+0.090%	$697K	$8.4M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,472.8	−0.064%	$896K	$38K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,474.2	+0.035%	$228.4M	$846.8M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,474.4	+0.048%	$104.7M	$56.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,474.6	+0.056%	$164.0M	$301.0M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,473	−0.048%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,472.1	−0.108%	$513K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,474.4	+0.046%	$3.0M	$454K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,472.8	−0.066%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,474	+0.018%	$335K	$1.9M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,474.2	+0.034%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,472.6	−0.076%	$459K	$508K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,476.5	+0.187%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,474.1	+0.025%	$238K	$4.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,473	−0.050%	$2.5M	$22.6M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,474.4	+0.042%	$3.9M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,474.6	+0.059%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,474.5	+0.055%	$37K	$366K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0111%	1h	1,475.2	+0.101%	$615K	$1.3M	25x	as long as short
RISEx ZEC/USDC	+0.0132%	1h	1,474.8	+0.072%	$838K	$1.3M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0393%	1h	1,475.1	+0.096%	$2.5M	$3.8M	15x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0432%	1h	1,476.5	+0.185%	$3.8M	$10.6M	50x	as long as short
Lighter RH ZEC	+0.0448%	1h	1,476.6	+0.192%	$2.0M	$8.4M	10x	as long as short
Aftermath Perps ZECUSD	+0.0769%	1h	1,474.2	+0.034%	$46K	$47K	10x	as long as short