Funding you earn now, next payment 05:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.018%
Price spread now: KuCoin against Lighter−0.063%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$240.241% of the position
Funding, last 7 days−0.460%−$46 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now −0.063%, 7d avg −0.081%
=Together, before fees−0.472%+ Points / potential airdropLighter: Season 3 · farm board−$47 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.081%, 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 | 1,454.7 | 0.0184 | pay 0.0023% / 1h | 49m 50s | $19.2M | $44.7M | 20x |
| Short | KuCoin ZECUSDTM | 1,453.8 | 0.0100 | get 0.0100% / 8h | 3h 49m | $102.5M | $53.7M | 75x |
Lighter ZEC
KuCoin ZECUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$17.64
- Price spread: −0.063% → −0.081%
- $1.77
- Slippage, 4 orders
- −$12.05
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$39.92
- Costs to cover
- 0.241%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 9 min ago; KuCoin: live order book, 4 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, 9 min ago | 1.01 bp | 1.0 bp −$1 | 3.0 bp −$30 | 11.4 bp −$1,141 | 74.1 bp −$37.0K |
| Sell KuCoin live order book, 4 min ago | 1.27 bp | 11.5 bp −$11 | 19.4 bp −$194 | doesn't fit | 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 | 1,455.4 | +0.045% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,454 | −0.054% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0071% | 8h | 1,454.2 | −0.035% | $29.4M | $70.5M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,454.3 | −0.030% | $410K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,454.2 | −0.037% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,453.4 | −0.096% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,453.6 | −0.077% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,453.3 | −0.098% | $290K | $952K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0078% / S −0.0027% | 1h | 1,453.3 | −0.099% | $432K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,453 | −0.120% | $173K | $1.7M | 50x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
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 | 1,453.4 | −0.095% | $10K | $848K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,453.4 | −0.092% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,454.1 | −0.041% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,453.4 | −0.090% | $14.7M | $27.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,454 | −0.051% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,453.5 | −0.086% | $667.5M | $2.20B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,452.9 | −0.126% | $260.9M | $600.5M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,453.5 | −0.084% | $177.6M | $1.21B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,452.7 | −0.140% | $395K | $440K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,454 | −0.050% | $878K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,453.3 | −0.098% | $50.5M | $170.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,453.5 | −0.088% | $214.4M | $765.4M | 150x | as long as short |
| KuCoin ZECUSDTMshort | +0.0100% | 8h | 1,453.8 | −0.063% | $102.5M | $53.7M | 75x | |
| Bitget ZECUSDT | +0.0100% | 8h | 1,453.7 | −0.072% | $165.3M | $270.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,453.5 | −0.086% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,453 | −0.118% | $47.6M | $32.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,455.8 | +0.073% | $566K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,456.5 | +0.122% | $3.0M | $451K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,457 | +0.155% | $404K | $941K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,455.5 | +0.050% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,452.9 | −0.127% | $353K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,453.5 | −0.083% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,452.2 | −0.175% | $443K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,455.2 | +0.030% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,453.4 | −0.089% | $233K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,453.2 | −0.104% | $2.7M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,454.4 | −0.026% | $3.8M | $5.0M | 50x | as long as short |
| Lighter RH ZEC | +0.0104% | 1h | 1,455 | +0.020% | $2.1M | $7.0M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,453.2 | −0.106% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,453.4 | −0.092% | $47K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,453.6 | −0.078% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,457.5 | +0.189% | $4.6M | $1.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0127% | 1h | 1,454.9 | +0.011% | $756.8M | $428.5M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0168% | 1h | 1,453.9 | −0.056% | $2.4M | $3.9M | 15x | as long as short |
| Lighter ZEClong | +0.0184% | 1h | 1,454.7 | long leg | $19.2M | $44.7M | 20x | |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,453.5 | −0.082% | $920K | $1.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0228% | 1h | 1,454.2 | −0.038% | $614K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0333% | 1h | 1,453.4 | −0.093% | $18.0M | $45.1M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,455.6 | +0.059% | $689K | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,456.9 | +0.149% | $3.7M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0679% | 1h | 1,455.3 | +0.040% | $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
Bitget ZECUSDT
BingX ZEC-USDC
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
Lighter RH ZEC
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
Phoenix ZEC
Hyperliquid ZEC
Backpack ZEC_USDC_PERP
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD