Funding you earn now, next payment 05:00 UTC−0.0302%/8h= −33.0% APRpaid last 24h −0.081%
Price spread now: BloFin against Lighter−0.017%90s7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as 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−$140.142% of the position
Funding, last 7 days−0.620%−$62 on $10k
+Price spread, last 4 days (all we have)+0.470%+$47 · spread now −0.017%, 7d avg −0.065%
=Together, before fees−0.150%+ Points / potential airdropLighter: Season 3 · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.048% dearer against Lighter than usual: you sell high and buy low (spread −0.017% now, against its 7-day average of −0.065%): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 13 hours. The two prices were read 90 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 | 1,456.9 | 0.0232 | pay 0.0029% / 1h | 57m 23s | $19.2M | $44.7M | 20x |
| Short | BloFin ZEC-USDT | 1,456.6 | −0.0070 | pay 0.0070% / 8h | 3h 57m | $29.5M | $70.8M | 75x |
Lighter ZEC
BloFin ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$63.38
- Price spread: −0.017% → −0.065%
- $4.84
- Slippage, 4 orders
- −$2.2
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$72.74
- Costs to cover
- 0.142%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; BloFin: 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, 7 min ago | 0.88 bp | 1.2 bp −$1 | 1.8 bp −$18 | 8.4 bp −$843 | 66.6 bp −$33.3K |
| Sell BloFin live order book, 7 min ago | 0.07 bp | 6.1 bp −$6 | 6.1 bp −$61 | 15.6 bp −$1,564 | 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 | −0.3042% | 1h | 1,456.2 | −0.049% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,456.2 | −0.042% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDTshort | −0.0070% | 8h | 1,456.6 | −0.017% | $29.5M | $70.8M | 75x | |
| dYdX ZEC-USD | 0.0000% | 1h | 1,455.6 | −0.085% | $410K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,455.9 | −0.067% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,454.7 | −0.145% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,454.6 | −0.157% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,454.5 | −0.165% | $291K | $952K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0072% / S −0.0023% | 1h | 1,454.4 | −0.166% | $408K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,454.6 | −0.154% | $173K | $1.7M | 50x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,455.1 | −0.123% | $10K | $858K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,455.2 | −0.113% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,455.1 | −0.122% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,454.8 | −0.139% | $14.7M | $27.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,455.7 | −0.079% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,454.6 | −0.156% | $668.2M | $2.21B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,453.9 | −0.202% | $261.0M | $602.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,454.5 | −0.160% | $177.8M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,458 | +0.078% | $396K | $442K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.5 | +0.047% | $880K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,454.5 | −0.160% | $50.5M | $169.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,454.7 | −0.147% | $214.6M | $763.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,455 | −0.126% | $102.6M | $53.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,454.8 | −0.140% | $165.4M | $271.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,454.7 | −0.148% | — | $105.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,457.6 | +0.052% | $47.8M | $32.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,458.2 | +0.094% | $567K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,456.2 | −0.047% | $3.0M | $451K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,456.9 | 0.000% | $404K | $943K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,455.1 | −0.121% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,454.3 | −0.176% | $353K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,454.6 | −0.157% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,453.2 | −0.249% | $444K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,456.9 | +0.006% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,454.7 | −0.147% | $233K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,454.2 | −0.182% | $2.7M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,455.7 | −0.080% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,454.6 | −0.157% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,454.5 | −0.161% | $47K | $151K | 20x | as long as short |
| Hyperliquid ZEC | +0.0109% | 1h | 1,455.9 | −0.066% | $757.3M | $431.7M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,454.8 | −0.140% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,457.7 | +0.056% | $4.6M | $1.3M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0131% | 1h | 1,455.9 | −0.069% | $2.4M | $3.9M | 15x | as long as short |
| Lighter RH ZEC | +0.0208% | 1h | 1,456.8 | −0.004% | $2.1M | $6.9M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,454.9 | −0.133% | $921K | $1.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0229% | 1h | 1,455.3 | −0.110% | $614K | $1.3M | 25x | as long as short |
| Lighter ZEClong | +0.0232% | 1h | 1,456.9 | long leg | $19.2M | $44.7M | 20x | |
| Kraken Futures PF_ZECUSD | +0.0333% | 1h | 1,454.7 | −0.148% | $18.0M | $45.2M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,457 | +0.010% | $684K | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,457.2 | +0.021% | $3.7M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0674% | 1h | 1,457.5 | +0.042% | $45K | $49K | 10x | as long as short |
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
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
Hyperliquid ZEC
01 Exchange ZECUSD
Phoenix ZEC
Backpack ZEC_USDC_PERP
Lighter RH ZEC
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD