Funding you earn now, next payment 01:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.036%
Price spread now: BingX against Lighter−0.172%7-day average — · 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−$40as in the Price arb table
costs, in and out, $10k−$230.226% of the position
Funding, last 7 days−0.464%−$46 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.172% cheaper against Lighter than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,467.2 | 0.0224 | pay 0.0028% / 1h | 15m 52s | $19.1M | $50.5M | 20x |
| Short | BingX ZEC-USDC | 1,464.6 | 0.0100 | get 0.0100% / 8h | 7h 15m | — | $6.7M | — |
Lighter ZEC
BingX ZEC-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$26.04
- Price spread: −0.172% → 0.000%
- −$17.23
- Slippage, 4 orders
- −$12.56
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$65.83
- Costs to cover
- 0.226%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 8 min ago; BingX: live order book, 7 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, 8 min ago | 1.00 bp | 1.3 bp −$1 | 2.3 bp −$23 | 18.5 bp −$1,853 | 85.2 bp −$42.6K |
| Sell BingX live order book, 7 min ago | 0.38 bp | 9.8 bp −$10 | 15.2 bp −$152 | 32.4 bp −$3,238 | 76.6 bp −$38.3K |
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 | −0.3321% | 1h | 1,466.3 | −0.056% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0344% | 1h | 1,465.8 | −0.092% | $17.8M | $43.0M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0122% | 1h | 1,463.3 | −0.263% | $398K | $516K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0115% | 8h | 1,463.8 | −0.228% | $29.7M | $72.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,464.4 | −0.191% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0030% | 8h | 1,464.9 | −0.151% | $47.5M | $33.8M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,464.7 | −0.167% | $412K | $103K | 5x | as long as short |
| 01 Exchange ZECUSD | 0.0000% | 1h | 1,465.7 | −0.097% | $8K | $9K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,466.9 | −0.020% | $957K | $5.2M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,464.7 | −0.168% | $83K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
01 Exchange ZECUSD
Kalshi KXZECPERP
Perpl ZECShow 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 | 1,465.5 | −0.115% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0018% | 8h | 1,465.4 | −0.121% | $293K | $1.1M | 20x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,469.3 | +0.148% | $4.6M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0054% / S −0.0010% | 1h | 1,465.5 | −0.112% | $377K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0057% | 8h | 1,465.8 | −0.094% | $181.2M | $1.29B | 50x | as long as short |
| Bybit ZECUSDT | +0.0075% | 8h | 1,465.8 | −0.095% | $272.9M | $633.3M | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,465.3 | −0.127% | $173K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,464.8 | −0.164% | $15K | $845K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,465.1 | −0.141% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,465.8 | −0.089% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,467.2 | +0.003% | $761.5M | $453.3M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,465.6 | −0.103% | $14.9M | $31.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,465.4 | −0.121% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,466 | −0.080% | $682.2M | $2.37B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,466.9 | −0.017% | $705K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,465.9 | −0.087% | $892K | $22K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,466 | −0.080% | $50.2M | $181.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,465.7 | −0.099% | $228.0M | $828.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,465.6 | −0.108% | $104.0M | $55.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,466.2 | −0.067% | $163.1M | $292.1M | 75x | as long as short |
| BingX ZEC-USDCshort | +0.0100% | 8h | 1,464.6 | −0.172% | — | $6.7M | — | |
| edgeX ZECUSDC | +0.0100% | 4h | 1,468.4 | +0.087% | $571K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468 | +0.058% | $3.0M | $447K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,469.5 | +0.159% | $430K | $869K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,464.7 | −0.167% | $110K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,465.3 | −0.127% | $339K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,465.4 | −0.120% | $127K | $158K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,463.9 | −0.221% | $456K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,467.8 | +0.045% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,465.6 | −0.106% | $242K | $3.9M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,464.4 | −0.189% | $2.5M | $20.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,465.9 | −0.085% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,465.8 | −0.089% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,465.6 | −0.103% | $54K | $164K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0167% | 1h | 1,466.5 | −0.047% | $603K | $1.3M | 25x | as long as short |
| Lighter ZEClong | +0.0224% | 1h | 1,467.2 | long leg | $19.1M | $50.5M | 20x | |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,466 | −0.078% | $851K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,467 | −0.009% | $3.7M | $9.6M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0513% | 1h | 1,466.4 | −0.052% | $2.5M | $3.9M | 15x | as long as short |
| Lighter RH ZEC | +0.0744% | 1h | 1,467.8 | +0.044% | $2.0M | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0775% | 1h | 1,467 | −0.010% | $43K | $46K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Bybit ZECUSDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
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
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD