Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.057%
Price spread now: dYdX against Lighter−0.079%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$880.876% of the position
Funding, last 7 days−0.220%−$22 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.079%, 7d avg −0.067%
=Together, before fees−0.179%+ Points / potential airdropLighter: Season 3 · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,472.1 | 0.0096 | pay 0.0012% / 1h | 0m 57s | $19.2M | $52.6M | 20x |
| Short | dYdX ZEC-USD | 1,470.9 | 0 | get 0.0000% / 1h | 0m 57s | $414K | $104K | 5x |
Lighter ZEC
dYdX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$20.16
- Price spread: −0.079% → −0.067%
- −$1.2
- Slippage, 4 orders
- −$77.64
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$109
- Costs to cover
- 0.876%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 8 min ago; dYdX: live order book, 13 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 | 0.62 bp | 1.3 bp −$1 | 2.7 bp −$27 | 8.6 bp −$855 | 57.0 bp −$28.5K |
| Sell dYdX live order book, 13 min ago | 36.13 bp | 43.2 bp −$43 | 54.7 bp −$547 | 226.8 bp −$22.7K | 663.6 bp −$331.8K |
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 | −0.3089% | 1h | 1,472.8 | +0.046% | $34K | $275K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0263% | 1h | 1,470 | −0.142% | $399K | $520K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0225% | 1h | 1,470.7 | −0.096% | $17.9M | $44.0M | 25x | as long as short |
| Bybit ZECUSDT | −0.0118% | 8h | 1,469.7 | −0.165% | $274.7M | $649.7M | 75x | as long as short |
| BloFin ZEC-USDT | −0.0101% | 8h | 1,470.3 | −0.122% | $29.6M | $74.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,470.9 | −0.082% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0063% | 8h | 1,469.3 | −0.191% | $47.6M | $34.4M | — | as long as short |
| dYdX ZEC-USDshort | 0.0000% | 1h | 1,470.9 | −0.079% | $414K | $104K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,471 | −0.076% | $959K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,469.9 | −0.149% | $83K | $406K | 10x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
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 | 1,470.8 | −0.091% | $5.2M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0008% | 1h | 1,470.7 | −0.093% | $8K | $8K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0016% | 8h | 1,470.2 | −0.131% | $294K | $1.4M | 20x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,473.2 | +0.075% | $4.7M | $1.6M | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0037% | 1h | 1,472.7 | +0.041% | $432K | $845K | 50x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0038% | 8h | 1,470.2 | −0.128% | $181.5M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0047% | 8h | 1,470.3 | −0.121% | $51.1M | $188.1M | 75x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0050% | 1h | 1,471.4 | −0.050% | $614K | $1.3M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0054% / S −0.0010% | 1h | 1,470.6 | −0.101% | $371K | — | 100x | as long as short |
| Lighter ZEClong | +0.0096% | 1h | 1,472.1 | long leg | $19.2M | $52.6M | 20x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,470.2 | −0.130% | $174K | $1.9M | 50x | as long as short |
| SoDEX ZEC-USD | +0.0097% | 1h | 1,470.3 | −0.125% | $242K | $4.4M | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,471 | −0.076% | $19K | $846K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,470 | −0.143% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,471 | −0.076% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,471.5 | −0.040% | $762.4M | $472.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,469.8 | −0.153% | $14.9M | $32.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,470.7 | −0.092% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,470.4 | −0.116% | $682.7M | $2.45B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,471.9 | −0.013% | $699K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,472.8 | +0.047% | $896K | $38K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,470.3 | −0.123% | $228.2M | $847.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,470.5 | −0.106% | $104.4M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,470.4 | −0.114% | $163.5M | $300.9M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,470.1 | −0.137% | — | $101.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,473.4 | +0.090% | $513K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,474 | +0.127% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,471.4 | −0.046% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,470.2 | −0.129% | $333K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,470.1 | −0.133% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,468.8 | −0.224% | $458K | $508K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,472.6 | +0.032% | $3K | $1.2M | 20x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,469.7 | −0.165% | $2.5M | $22.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,470.8 | −0.088% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,470.8 | −0.085% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,470.3 | −0.119% | $37K | $366K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,471 | −0.075% | $837K | $1.3M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0397% | 1h | 1,470.9 | −0.083% | $2.5M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,472.9 | +0.052% | $3.8M | $10.6M | 50x | as long as short |
| Lighter RH ZEC | +0.0448% | 1h | 1,472.8 | +0.045% | $2.0M | $8.4M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0773% | 1h | 1,472.5 | +0.028% | $46K | $46K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Orderly PERP_ZEC_USDC
Phoenix ZEC
ApeX Omni ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
SoDEX ZEC-USD
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
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
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD