Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.042%
Price spread now: Bitget against Lighter−0.159%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$190.187% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.555%−$56 on $10k
Price spread, last 7 days+0.083%+$8 · spread now −0.159%, 7d avg −0.072%
Together, before fees−0.472%+ Points / potential airdropLighter: Season 3 · farm board−$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.087% cheaper against Lighter than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.072%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ZEC1,455.20.0144pay 0.0018% / 1h56m 39s$18.8M$53.6M20x
ShortBitget ZECUSDT1,452.90.0100get 0.0100% / 8h2h 56m$162.4M$317.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$9.24
Price spread: −0.159% → −0.072%
−$8.66
Slippage, 4 orders
−$6.73
Fee Lighter: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$36.63
Costs to cover
0.187%
Break-even
never at this rate
Slippage from Lighter: live order book, 7 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 7 min ago0.00 bp2.3 bp −$24.2 bp −$4214.0 bp −$1,40479.2 bp −$39.6K
Sell Bitget live order book, 3 min ago0.03 bp6.9 bp −$79.2 bp −$9210.0 bp −$1,003doesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3476%1h1,454.5−0.045%$34K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,452−0.218%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,449.2−0.407%$17.6M$44.8M25xas long as short
BloFin ZEC-USDT−0.0059%8h1,450.1−0.346%$29.1M$76.1M75xas long as short
Variational Omni ZEC−0.0041%8h1,455.2+0.006%$46.3M$31.5Mas long as short
Bybit ZECUSDT−0.0018%8h1,453.3−0.131%$268.8M$679.5M75xas long as short
dYdX ZEC-USD0.0000%1h1,453.4−0.121%$409K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,450.6−0.315%$848K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,451.6−0.243%$82K$400K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,450.1−0.349%$567K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0005%8h1,449.6−0.381%$291K$1.5M20xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,449.6−0.379%$5.1M150xas long as short
OKX ZEC-USDT-SWAP+0.0033%8h1,453.2−0.133%$172.5M$1.37B50xas long as short
01 Exchange ZECUSD+0.0040%1h1,452.8−0.160%$8K$8K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0042% / S +0.0061%1h1,449.5−0.390%$535K100xas long as short
Phoenix ZEC+0.0045%1h1,455.20.000%$4.6M$1.5M10xas long as short
Aster ZECUSDT+0.0047%8h1,452.1−0.209%$15.1M$35.3M75xas long as short
Gate ZEC_USDT+0.0062%8h1,453.1−0.144%$49.2M$184.8M75xas long as short
MEXC ZEC_USDT+0.0092%8h1,453.9−0.084%$213.6M$877.1M150xas long as short
Binance ZECUSDT+0.0094%8h1,453.7−0.098%$661.5M$2.55B75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,452.8−0.161%$17K$886K10xas long as short
Popdex ZECUSDT+0.0096%1h1,452.4−0.188%$178K$2.0M50xas long as short
Polymarket Perps ZEC-USD+0.0097%1h1,450.9−0.293%$298K$2.1M10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,453.7−0.099%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,451.5−0.250%$3.0M$7.0M10xas long as short
Hyperliquid ZEC+0.0100%1h1,454−0.080%$752.9M$508.7M10xas long as short
Pacifica ZEC+0.0100%1h1,454.1−0.071%$1.6M$3.1M10xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,449.9−0.361%$393K$522K5xas long as short
Bulk ZEC-USD+0.0100%1h1,454.9−0.019%$896K$37K10xas long as short
KuCoin ZECUSDTM+0.0100%8h1,452.7−0.168%$103.8M$57.3M75xas long as short
Bitget ZECUSDTshort+0.0100%8h1,452.9−0.159%$162.4M$317.1M75x
BingX ZEC-USDC+0.0100%8h1,452.9−0.158%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,451.1−0.282%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,453.3−0.130%$487K$9.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,452.4−0.193%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,452.6−0.177%$711K$604K50xas long as short
StandX ZEC-USD+0.0100%1h1,451.5−0.254%$109K$4.8M30xas long as short
Bullet ZEC-USD+0.0100%1h1,448.8−0.434%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,448.3−0.472%$440K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,452.6−0.176%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,449.6−0.379%$219K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,448.9−0.428%$2.4M$25.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,450.5−0.322%$3.7M$5.5M50xas long as short
Aevo ZEC-PERP+0.0104%1h1,449.7−0.373%$36K$362K20xas long as short
Lighter ZEClong+0.0144%1h1,455.2long leg$18.8M$53.6M20x
RISEx ZEC/USDC+0.0219%1h1,453.2−0.136%$862K$2.5M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,451.5−0.252%$3.7M$11.5M50xas long as short
Extended ZEC-USD+0.0456%1h1,452.9−0.153%$3.3M$7.0M10xas long as short
Aftermath Perps ZECUSD+0.0463%1h1,454.2−0.067%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,455.2+0.003%$753K$7.8M10xas long as short
Lighter RH ZEC+0.0632%1h1,456+0.058%$2.0M$8.4M10xas long as short