Funding you earn now, next payment 23:00 UTC−0.0120%/8h= −13.2% APRnext payment −$0.15 per $10,000 · paid last 24h −0.143%
Price spread now: ApeX Omni against Lighter−0.087%78s7-day average −0.204% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$350.347% of the position
Funding, last 7 days−1.401%−$140 on $10k
+Price spread, last 7 days−0.039%−$4 · spread now −0.087%, 7d avg −0.204%
=Together, before fees−1.439%+ Points / potential airdropLighter: Season 3 · farm board−$144 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.117% dearer against Lighter than usual: you sell high and buy low (spread −0.087% now, against its 7-day average of −0.204%): +$12 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.2 days. At the pace of the last 7 days (−1.401% in total) that is about 14 hours. The two prices were read 78 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 | Lighter ZEC | 1,464.7 | 0.0096 | pay 0.0012% / 1h | 33m 57s | $19.0M | $52.5M | 20x |
| Short | ApeX Omni ZECUSDT | 1,463.5 | −0.0024 | pay 0.0003% / 1h | 33m 57s | $430K | $820K | 50x |
Lighter ZEC
ApeX Omni ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$25.27
- Price spread: −0.087% → −0.204%
- $11.7
- Slippage, 4 orders
- −$24.69
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$48.26
- Costs to cover
- 0.347%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; ApeX Omni: live order book, 50 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, 5 min ago | 0.41 bp | 1.6 bp −$2 | 2.4 bp −$24 | 10.0 bp −$1,001 | 64.2 bp −$32.1K |
| Sell ApeX Omni live order book, 50 min ago | 2.89 bp | 24.8 bp −$25 | 47.3 bp −$473 | doesn't fit | doesn't fit |
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 PERP | −0.3310% | 1h | 1,448.2 | −1.127% | $33K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0405% | 1h | 1,463.5 | −0.084% | $17.8M | $44.9M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0214% | 1h | 1,459.3 | −0.372% | $396K | $518K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0089% | 8h | 1,463.7 | −0.070% | $29.3M | $75.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,463.8 | −0.064% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0051% | 8h | 1,462.4 | −0.158% | $270.8M | $673.7M | 75x | as long as short |
| Variational Omni ZEC | −0.0025% | 8h | 1,460.9 | −0.260% | $46.5M | $34.0M | — | as long as short |
| ApeX Omni ZECUSDTshort | −0.0024% | 1h | 1,463.5 | −0.087% | $430K | $820K | 50x | |
| GMX ZEC/USD [WBTC.b-USDC] | L −0.0017% / S +0.0093% | 1h | 1,463.7 | −0.071% | $541K | — | 100x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,464.1 | −0.041% | $412K | $106K | 5x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
GMX ZEC/USD [WBTC.b-USDC]
dYdX ZEC-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXZECPERP | 0.0000% | 8h | 1,463.8 | −0.064% | $885K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,462.9 | −0.128% | $83K | $404K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,463.8 | −0.068% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0013% | 8h | 1,463.4 | −0.090% | $292K | $1.5M | 20x | as long as short |
| Bulk ZEC-USD | +0.0030% | 1h | 1,466 | +0.086% | $905K | $27K | 10x | as long as short |
| Gate ZEC_USDT | +0.0047% | 8h | 1,463.2 | −0.109% | $50.0M | $184.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0048% | 8h | 1,463.1 | −0.114% | $176.0M | $1.35B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,462.4 | −0.159% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,461.4 | −0.231% | $4.6M | $1.6M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0081% | 1h | 1,464.4 | −0.025% | $596K | $1.3M | 25x | as long as short |
| Lighter ZEClong | +0.0096% | 1h | 1,464.7 | long leg | $19.0M | $52.5M | 20x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,462.4 | −0.162% | $173K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,462.8 | −0.132% | $14K | $862K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,463 | −0.116% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,463.7 | −0.075% | $2.5M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,464.3 | −0.033% | $759.0M | $484.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,463.1 | −0.110% | $15.6M | $33.2M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,463.7 | −0.074% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,463.1 | −0.114% | $674.2M | $2.50B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,463.1 | −0.110% | $222.9M | $861.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,463.1 | −0.114% | $103.7M | $56.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,463.2 | −0.104% | $161.9M | $306.8M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,463 | −0.117% | — | $103.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,461.4 | −0.230% | $509K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,462.2 | −0.174% | $3.0M | $481K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,463.9 | −0.061% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,462 | −0.188% | $343K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,462.1 | −0.180% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,461.9 | −0.195% | $447K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,464.3 | −0.028% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,463.7 | −0.074% | $222K | $4.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,462.6 | −0.147% | $2.5M | $24.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,463.5 | −0.085% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,463.5 | −0.086% | $3.2M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,463.6 | −0.079% | $36K | $367K | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0187% | 1h | 1,464 | −0.053% | $2.3M | $3.8M | 15x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,463.1 | −0.110% | $841K | $1.6M | 10x | as long as short |
| Lighter RH ZEC | +0.0384% | 1h | 1,465.3 | +0.040% | $2.0M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,465.8 | +0.068% | $3.7M | $11.6M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,464.5 | −0.020% | $738K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0545% | 1h | 1,464.5 | −0.016% | $40K | $34K | 10x | as long as short |
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Bulk ZEC-USD
Gate ZEC_USDT
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
Phoenix ZEC
Deribit ZEC_USDC-PERPETUAL
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
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
Backpack ZEC_USDC_PERP
RISEx ZEC/USDC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD