Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.012%
Price spread now: HTX against Lighter−0.020%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$220.220% of the position
Funding, last 7 days−0.580%−$58 on $10k
+Price spread, last 4 days (all we have)+1.219%+$122 · spread now −0.020%, 7d avg −0.096%
=Together, before fees+0.639%+ Points / potential airdropLighter: Season 3 · farm board+$64 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.076% dearer against Lighter than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.096%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,517 | 0.0096 | pay 0.0012% / 1h | 46m 59s | $19.6M | $44.7M | 20x |
| Short | HTX ZEC-USDT | 1,516.7 | 0.0100 | get 0.0100% / 8h | 7h 46m | $2.7M | $21.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $0.84
- Price spread: −0.020% → −0.096%
- $7.57
- Slippage, 4 orders
- −$9.99
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$13.58
- Costs to cover
- 0.220%
- Break-even
- 120.2 days
Slippage from Lighter: live order book, 7 min ago; HTX: 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 | 0.91 bp | 1.6 bp −$2 | 2.4 bp −$24 | 18.1 bp −$1,815 | 76.1 bp −$38.0K |
| Sell HTX live order book, 2 min ago | 2.71 bp | 9.1 bp −$9 | 13.5 bp −$135 | 29.5 bp −$2,952 | 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 | −0.3702% | 1h | 1,494.3 | −1.497% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,515.5 | −0.098% | $62K | $305K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0155% | 8h | 1,516.5 | −0.034% | $31.6M | $77.2M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0134% | 1h | 1,516.4 | −0.043% | $48K | $59K | 10x | as long as short |
| Bulk ZEC-USD | −0.0101% | 1h | 1,517.9 | +0.058% | $781K | $147K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,517.7 | +0.045% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,516.5 | −0.033% | $421K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,517.5 | +0.031% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,516.3 | −0.046% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,516.3 | −0.046% | $18.4M | $47.7M | 25x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ZECUSDT | +0.0019% | 1h | 1,516.5 | −0.032% | $416K | $951K | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,517 | −0.003% | $8K | $6K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0067% | 1h | 1,516.6 | −0.024% | $693K | $1.4M | 25x | as long as short |
| Phoenix ZEC | +0.0082% | 1h | 1,518.9 | +0.121% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0084% | 8h | 1,515.9 | −0.073% | $306K | $861K | 20x | as long as short |
| Lighter ZEClong | +0.0096% | 1h | 1,517 | long leg | $19.6M | $44.7M | 20x | |
| Lighter RH ZEC | +0.0096% | 1h | 1,517.4 | +0.025% | $2.1M | $7.5M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,517 | −0.003% | $172K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,516.8 | −0.014% | $63K | $19K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,516.7 | −0.021% | $16K | $900K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,517 | +0.001% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,517.4 | +0.025% | $794.6M | $448.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,515.6 | −0.090% | $14.2M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,517.6 | +0.038% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,516 | −0.069% | $716.5M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,515.3 | −0.111% | $272.6M | $629.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,515.9 | −0.077% | $185.9M | $1.39B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,516.4 | −0.040% | $413K | $548K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,517.5 | +0.035% | $596K | $9.0M | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,515.8 | −0.078% | $60.4M | $183.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,516.1 | −0.060% | $408.7M | $829.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,516 | −0.067% | $103.6M | $57.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,516 | −0.068% | $163.5M | $294.8M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,516 | −0.067% | — | $120.2M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,517.7 | +0.046% | $50.1M | $35.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,518.8 | +0.115% | $556K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,516.2 | −0.053% | $3.1M | $530K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,519.3 | +0.151% | $51K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,517.6 | +0.039% | $377K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,517 | −0.003% | $170K | $194K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,516.9 | −0.008% | $453K | $408K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,519 | +0.131% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,515.9 | −0.074% | $256K | $3.6M | 10x | as long as short |
| HTX ZEC-USDTshort | +0.0100% | 8h | 1,516.7 | −0.020% | $2.7M | $21.3M | 75x | |
| Phemex ZECUSDT | +0.0100% | 8h | 1,516.7 | −0.019% | $4.1M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,515.7 | −0.089% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,515.6 | −0.092% | $43K | $150K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0155% / S −0.0157% | 1h | 1,516.2 | −0.055% | $337K | — | 100x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,516.3 | −0.045% | $967K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,518.6 | +0.106% | $3.8M | $10.0M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0548% | 1h | 1,516.4 | −0.040% | $2.4M | $3.8M | 15x | as long as short |
Lighter ZEC
HTX ZEC-USDT
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Bulk ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSD
ApeX Omni ZECUSDT
01 Exchange ZECUSD
Deribit ZEC_USDC-PERPETUAL
Phoenix ZEC
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
Phemex ZECUSDT
Extended ZEC-USD
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP