Funding you earn now, next payment 11:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.013%
Price spread now: Aevo against Lighter−0.150%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$390.386% of the position
Funding, last 7 days−0.303%−$30 on $10k
+Price spread, last 4 days (all we have)+0.789%+$79 · spread now −0.150%, 7d avg −0.066%
=Together, before fees+0.487%+ Points / potential airdropLighter: Season 3 · farm board+$49 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.085% cheaper against Lighter than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,506 | 0.0096 | pay 0.0012% / 1h | 57m 59s | $20.0M | $38.9M | 20x |
| Short | Aevo ZEC-PERP | 1,503.8 | 0.0104 | get 0.0013% / 1h | 57m 59s | $37K | $163K | 20x |
Lighter ZEC
Aevo ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Lighter. 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
- $1.68
- Price spread: −0.150% → −0.066%
- −$8.47
- Slippage, 4 orders
- −$22.63
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$45.43
- Costs to cover
- 0.386%
- Break-even
- 196.3 days
Slippage from Lighter: live order book, 4 min ago; Aevo: live order book, 53 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 Lighter live order book, 4 min ago | 0.12 bp | 1.9 bp −$2 | 2.3 bp −$23 | 10.2 bp −$1,020 | 59.3 bp −$29.7K |
| Sell Aevo live order book, 53 min ago | 7.71 bp | 17.1 bp −$17 | 21.6 bp −$216 | 32.0 bp −$3,198 | doesn't fit |
ZEC on 50 exchanges
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 | −0.4130% | 1h | 1,480 | −1.729% | $36K | $267K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0211% | 1h | 1,504.1 | −0.127% | $408K | $499K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0190% | 8h | 1,505 | −0.071% | $31.9M | $73.6M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0098% | 1h | 1,504 | −0.134% | $46K | $58K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,503.6 | −0.161% | $6K | $1K | 10x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,505.2 | −0.055% | $1.5M | $4.9M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,503.5 | −0.167% | $63K | $300K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,503.8 | −0.146% | $5.4M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,504.3 | −0.117% | $8K | $6K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0032% | 1h | 1,504.1 | −0.128% | $909K | $1.3M | 10x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
RISEx ZEC/USDCShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0072% | 8h | 1,503.2 | −0.190% | $303K | $856K | 20x | as long as short |
| Lighter ZEClong | +0.0096% | 1h | 1,506 | long leg | $20.0M | $38.9M | 20x | |
| Lighter RH ZEC | +0.0096% | 1h | 1,506.3 | +0.021% | $2.0M | $7.0M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,503.9 | −0.141% | $170K | $1.5M | 50x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0099% | 1h | 1,504.8 | −0.081% | $18.5M | $46.2M | 25x | as long as short |
| Aster ZECUSDT | +0.0099% | 8h | 1,504.7 | −0.091% | $14.1M | $26.9M | 75x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,504.1 | −0.130% | $62K | $14K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,503.3 | −0.182% | $25K | $880K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,504.6 | −0.092% | $3.1M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,506.1 | +0.005% | $790.1M | $431.6M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,505.6 | −0.027% | $1.7M | $1.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,505.2 | −0.056% | $708.3M | $2.20B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,504.8 | −0.082% | $276.3M | $589.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,504.8 | −0.082% | $185.8M | $1.31B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,505 | −0.067% | $592K | $8.4M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,504.2 | −0.124% | $780K | $158K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,505.4 | −0.041% | $62.9M | $170.8M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,505.2 | −0.056% | $177.9M | $821.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,505.3 | −0.046% | $105.5M | $53.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,505.1 | −0.058% | $164.4M | $280.4M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,505.1 | −0.064% | — | $122.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,505.3 | −0.050% | $2.2M | $3.7M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,503.5 | −0.169% | $49.4M | $34.2M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,503.8 | −0.149% | $549K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,503.7 | −0.156% | $3.1M | $586K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,504.4 | −0.109% | $411K | $948K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,505.1 | −0.060% | $112K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,503.7 | −0.154% | $371K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,503.7 | −0.155% | $167K | $188K | 20x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,505.8 | −0.016% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,503.6 | −0.158% | $257K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,503.9 | −0.139% | $2.7M | $20.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,504.9 | −0.074% | $4.0M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,505.2 | −0.053% | $2.7M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERPshort | +0.0104% | 1h | 1,503.8 | −0.150% | $37K | $163K | 20x | |
| Phoenix ZEC | +0.0139% | 1h | 1,503.9 | −0.144% | $4.8M | $1.3M | 10x | as long as short |
| dYdX ZEC-USD | +0.0144% | 1h | 1,504.1 | −0.128% | $414K | $37K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0160% | 1h | 1,504.3 | −0.113% | $685K | $1.3M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0184% / S −0.0195% | 1h | 1,504.4 | −0.109% | $350K | — | 100x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0352% | 1h | 1,505.8 | −0.012% | $3.9M | $9.5M | 50x | as long as short |
Orderly PERP_ZEC_USDC
Lighter RH ZEC
Popdex ZECUSDT
Kraken Futures PF_ZECUSD
Aster ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Phoenix ZEC
dYdX ZEC-USD
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
Coinbase International ZEC-PERP-INTX