Funding you earn now, next payment 02:00 UTC−0.0164%/8h= −18.0% APRpaid last 24h −0.041%
Price spread now: Aster against Lighter−0.037%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$140.143% of the position
Funding, last 5 days (all we have)−0.463%−$46 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now −0.037%, 7d avg −0.089%
=Together, before fees−0.511%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$51 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.052% dearer against Lighter than usual: you sell high and buy low (spread −0.037% now, against its 7-day average of −0.089%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,477.3 | 0.0264 | pay 0.0033% / 1h | 32m 00s | $19.3M | $48.1M | 20x |
| Short | Aster ZECUSDT | 1,476.7 | 0.0100 | get 0.0100% / 8h | 6h 32m | $14.9M | $31.0M | 75x |
Lighter ZEC
Aster ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$34.44
- Price spread: −0.037% → −0.089%
- $5.23
- Slippage, 4 orders
- −$6.35
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$43.55
- Costs to cover
- 0.143%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Aster: live order book, 2 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, 7 min ago | 1.09 bp | 2.5 bp −$2 | 3.9 bp −$39 | 16.2 bp −$1,624 | 73.2 bp −$36.6K |
| Sell Aster live order book, 2 min ago | 0.78 bp | 4.8 bp −$5 | 5.8 bp −$58 | 16.9 bp −$1,690 | 71.2 bp −$35.6K |
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 | −0.3678% | 1h | 1,471.7 | −0.375% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.6 | −0.316% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0018% | 1h | 1,471.7 | −0.377% | $399K | $518K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,476.6 | −0.044% | $18.1M | $43.6M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,473.7 | −0.245% | $415K | $56K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,476.5 | −0.052% | $976K | $5.0M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,474.4 | −0.195% | $84K | $258K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,476.5 | −0.052% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0027% | 8h | 1,476.5 | −0.051% | $295K | $1.1M | 20x | as long as short |
| Variational Omni ZEC | +0.0033% | 8h | 1,470.4 | −0.463% | $47.9M | $33.3M | — | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Variational Omni ZECShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,476.4 | −0.057% | $386K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,475.4 | −0.128% | $8K | $9K | 5x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,471.2 | −0.411% | $4.7M | $1.5M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0093% | 8h | 1,476.8 | −0.034% | $181.6M | $1.28B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,475.6 | −0.115% | $174K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,474.8 | −0.167% | $16K | $839K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,474.7 | −0.176% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,476 | −0.083% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,477 | −0.018% | $768.8M | $444.5M | 10x | as long as short |
| Aster ZECUSDTshort | +0.0100% | 8h | 1,476.7 | −0.037% | $14.9M | $31.0M | 75x | |
| Pacifica ZEC | +0.0100% | 1h | 1,475 | −0.152% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,476.5 | −0.051% | $682.0M | $2.34B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,476.5 | −0.054% | $272.4M | $625.8M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,470.5 | −0.459% | $893K | $19K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,476.2 | −0.075% | $50.1M | $175.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,477 | −0.017% | $217.5M | $797.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,476.8 | −0.034% | $103.9M | $56.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,476.7 | −0.041% | $164.0M | $285.2M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,475.6 | −0.112% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,471.3 | −0.407% | $572K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,472.9 | −0.295% | $3.0M | $443K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,471.9 | −0.365% | $428K | $907K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,472.5 | −0.323% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,476.5 | −0.052% | $339K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,476.6 | −0.044% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,475 | −0.152% | $459K | $510K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,477.1 | −0.009% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,476.5 | −0.052% | $243K | $3.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,475.3 | −0.133% | $2.6M | $19.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,476.1 | −0.078% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,476.7 | −0.038% | $3.2M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,476.8 | −0.034% | $48K | $167K | 20x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,475.7 | −0.106% | $689K | $8.7M | 10x | as long as short |
| Lighter ZEClong | +0.0264% | 1h | 1,477.3 | long leg | $19.3M | $48.1M | 20x | |
| Lighter RH ZEC | +0.0296% | 1h | 1,477.7 | +0.031% | $2.1M | $7.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0344% | 1h | 1,477.4 | +0.011% | $615K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,475.6 | −0.115% | $866K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,478.3 | +0.068% | $3.7M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0513% | 1h | 1,476.9 | −0.027% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0722% | 1h | 1,472.5 | −0.323% | $44K | $46K | 10x | as long as short |
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
Phoenix ZEC
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
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
Arcus ZEC-USD
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD