Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.029%
Price spread now: Lighter RH against KuCoin+0.119%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$240.241% of the position
Funding, last 7 days+0.319%+$32 on $10k
+Price spread, last 7 days−0.118%−$12 · spread now +0.119%, 7d avg +0.079%
=Together, before fees+0.201%+ Points / potential airdropLighter RH: Points live · farm board+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter RH is 0.040% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZECUSDTM | 1,467.9 | 0.0100 | pay 0.0100% / 8h | 5h 58m | $103.2M | $55.8M | 75x |
| Short | Lighter RH ZEC | 1,469.6 | 0.0200 | get 0.0025% / 1h | 58m 36s | $2.1M | $6.8M | 10x |
KuCoin ZECUSDTM
Lighter RH ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against KuCoin. 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
- $21
- Price spread: +0.119% → +0.079%
- $4.02
- Slippage, 4 orders
- −$12.11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $0.91
- Costs to cover
- 0.241%
- Break-even
- 6.7 days
Slippage from KuCoin: live order book, 6 min ago; Lighter RH: live order book, 5 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 KuCoin live order book, 6 min ago | 0.85 bp | 8.8 bp −$9 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.87 bp | 2.5 bp −$3 | 5.3 bp −$53 | 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 | −0.3244% | 1h | 1,453.2 | −0.998% | $33K | $272K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0378% | 1h | 1,466.9 | −0.065% | $398K | $441K | 5x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,470.3 | +0.166% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,467.9 | +0.006% | $413K | $48K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,470.5 | +0.183% | $972K | $4.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,469.2 | +0.091% | $84K | $249K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,469.6 | +0.116% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0032% | 8h | 1,469.5 | +0.109% | $293K | $984K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,467.8 | −0.003% | $8K | $8K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,469.4 | +0.108% | $384K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0070% | 1h | 1,469.6 | +0.120% | $4.6M | $1.4M | 10x | as long as short |
| Variational Omni ZEC | +0.0079% | 8h | 1,468.1 | +0.017% | $48.0M | $32.4M | — | as long as short |
| OKX ZEC-USDT-SWAP | +0.0095% | 8h | 1,467 | −0.061% | $181.0M | $1.24B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,467.8 | −0.004% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,467.4 | −0.033% | $16K | $845K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468 | +0.007% | $61K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,469.9 | +0.139% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,469 | +0.078% | $765.2M | $435.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,467.7 | −0.011% | $14.7M | $29.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,468 | +0.008% | $1.7M | $2.6M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,467.7 | −0.011% | $678.4M | $2.25B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,467.7 | −0.012% | $271.7M | $604.9M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,466.6 | −0.087% | $890K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,467.8 | −0.004% | $50.2M | $169.5M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,467.7 | −0.012% | $215.9M | $767.7M | 150x | as long as short |
| KuCoin ZECUSDTMlong | +0.0100% | 8h | 1,467.9 | long leg | $103.2M | $55.8M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,467.8 | −0.004% | $163.0M | $275.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,467.4 | −0.031% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,468 | +0.012% | $571K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468.3 | +0.033% | $3.0M | $430K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,468.3 | +0.032% | $427K | $880K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,469.6 | +0.119% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,469.1 | +0.084% | $343K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469.8 | +0.129% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,468.1 | +0.016% | $448K | $512K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,472.9 | +0.341% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,469.6 | +0.119% | $242K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,469.7 | +0.127% | $2.5M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,469.7 | +0.123% | $3.9M | $5.2M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,467.5 | −0.022% | $2.8M | $7.6M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,469.7 | +0.127% | $48K | $155K | 20x | as long as short |
| Lighter ZEC | +0.0160% | 1h | 1,469.1 | +0.086% | $19.2M | $45.8M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0194% | 1h | 1,469.8 | +0.133% | $18.1M | $43.5M | 25x | as long as short |
| Lighter RH ZECshort | +0.0200% | 1h | 1,469.6 | +0.119% | $2.1M | $6.8M | 10x | |
| Deribit ZEC_USDC-PERPETUAL | +0.0219% | 1h | 1,470.4 | +0.171% | $612K | $1.3M | 25x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,469.8 | +0.131% | $690K | $8.5M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,468.3 | +0.031% | $852K | $1.0M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0428% | 1h | 1,469.9 | +0.140% | $2.4M | $3.9M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,472.1 | +0.285% | $3.6M | $9.0M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0731% | 1h | 1,470 | +0.146% | $43K | $46K | 10x | as long as short |
Phoenix ZEC
Variational Omni 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
Gate ZEC_USDT
MEXC ZEC_USDT
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
Lighter ZEC
Kraken Futures PF_ZECUSD
Deribit ZEC_USDC-PERPETUAL
Arcus ZEC-USD
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD